earnings
confidence high
sentiment positive
materiality 0.85
CVR Energy Q3 net income $374M vs loss $124M; EPA waiver adds $488M; Petroleum EBITDA $572M
CVR ENERGY INC
2025-Q3 EPS
reported $1.37
vs consensus $0.21
▲ beat
(+541.7%)
- Net income $374M ($3.72 diluted EPS); adjusted EPS $0.40, compared to loss per share $1.24 and adjusted loss $0.50 in Q3 2024.
- EBITDA of $625M (adjusted $180M) vs EBITDA loss of $35M (adjusted $63M) in prior year; $488M liability removed due to EPA waiver.
- Petroleum segment net income $520M, EBITDA $572M vs net loss $110M, EBITDA loss $75M; throughput 216k bpd.
- Renewables segment net loss $51M; company plans to revert renewable diesel unit to hydrocarbon processing in Dec 2025.
- CVR Energy does not pay Q3 dividend; CVR Partners declares distribution $4.02/unit payable Nov 17.