earnings
confidence high
sentiment negative
materiality 0.75
CVR Energy posts Q2 net loss of $114M; CEO Dave Lamp to retire, no dividend
CVR ENERGY INC
2025-Q2 EPS
reported -$2.36
vs consensus -$0.06
▼ miss
(-3616.5%)
- Q2 2025 net loss $114M ($1.14/diluted share), vs net income $21M ($0.21) in Q2 2024; adjusted loss $0.23/share.
- EBITDA loss $24M, adjusted EBITDA $99M; petroleum segment EBITDA loss $84M on lower throughput of 172k bpd.
- Prepaid $70M Term Loan in June, additional $20M in July; no cash dividend for Q2 2025.
- Dave Lamp retiring as President/CEO effective Dec 31, 2025; Mark Pytosh to succeed Jan 1, 2026. Brett Icahn appointed to Board.
- Nitrogen Fertilizer net income $39M, EBITDA $67M on higher prices; CVR Partners distribution $3.89/unit.