tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

CVR Energy Appoints Brett Icahn to Board

Story Highlights
  • CVR Energy faced a $114 million net loss in Q2 2025 due to unfavorable market impacts.
  • Mark Pytosh will assume the CEO role in January 2026, following Dave Lamp’s retirement.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CVR Energy Appoints Brett Icahn to Board

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

CVR Energy ( (CVI) ) just unveiled an update.

CVR Energy reported a net loss of $114 million for the second quarter of 2025, a significant decline from the $21 million net income in the same period of 2024. The company’s refining business was adversely affected by an $89 million unfavorable mark-to-market impact on its Renewable Fuel Standard obligation and reduced throughput volumes. Additionally, CVR Energy announced a leadership transition with Mark Pytosh set to become President and CEO in January 2026, following Dave Lamp’s retirement. Brett Icahn was appointed to the Board of Directors effective August 1, 2025.

The most recent analyst rating on (CVI) stock is a Sell with a $25.00 price target. To see the full list of analyst forecasts on CVR Energy stock, see the CVI Stock Forecast page.

Spark’s Take on CVI Stock

According to Spark, TipRanks’ AI Analyst, CVI is a Neutral.

The overall stock score reflects significant challenges in financial performance, including declining revenues and profitability issues. Technical indicators suggest mixed market sentiment, while valuation highlights a high dividend yield but negative earnings. The earnings call further reinforced a slightly negative outlook due to operational difficulties in the Petroleum segment.

To see Spark’s full report on CVI stock, click here.

More about CVR Energy

CVR Energy, Inc. is a diversified holding company primarily engaged in the petroleum refining and nitrogen fertilizer manufacturing industries. The company operates through its subsidiaries, CVR Refining, LP and CVR Partners, LP, focusing on refining and marketing transportation fuels and manufacturing nitrogen fertilizers.

Average Trading Volume: 993,563

Technical Sentiment Signal: Strong Buy

Current Market Cap: $2.89B

Learn more about CVI stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1