Quarterly ResultJul 29, 2026, 04:28 PM
CVR Energy Q2 Net Loss $3M; Adj. EBITDA $209M
AI Summary
CVR Energy reported a net loss attributable to stockholders of $3 million for Q2 2026, a substantial improvement from a $114 million loss in the prior year. Adjusted EBITDA more than doubled to $209 million, up from $99 million in Q2 2025. The company declared a cash dividend of $0.10 per share, and its subsidiary CVR Partners announced a $6.08 per common unit distribution, reflecting strong operational performance across both petroleum and nitrogen fertilizer segments.
Key Highlights
- Q2 2026 net loss attributable to CVR Energy stockholders was $3 million, a significant improvement from a $114 million loss YoY.
- Adjusted EBITDA for Q2 2026 increased to $209 million, up from $99 million in Q2 2025.
- Declared a Q2 2026 cash dividend of $0.10 per share.
- CVR Partners announced a Q2 2026 cash distribution of $6.08 per common unit.
- Petroleum Segment net income was $12 million in Q2 2026, compared to a $137 million loss YoY.
- Nitrogen Fertilizer Segment net income rose to $78 million in Q2 2026 from $39 million YoY.
- Consolidated cash and cash equivalents were $737 million as of June 30, 2026.
- Free cash flow for Q2 2026 was $264 million, compared to -$12 million YoY.
Price Impact
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