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An announcement from CVR Energy ( (CVI) ) is now available.
On April 29, 2026, CVR Energy reported a first-quarter 2026 net loss attributable to stockholders of $192 million, or $1.91 per diluted share, driven largely by $158 million in unrealized derivative losses, while adjusted EBITDA improved to $37 million from $24 million a year earlier. Management highlighted strong operations with crude utilization at 97% and ammonia plant utilization at 103%, emphasized approximately $447 million of locked-in value from NYMEX crack spread swaps expected to be realized through 2027, and maintained shareholder returns via a $0.10 per share cash dividend and a $4.00 per common unit cash distribution from CVR Partners, despite continued losses in the Petroleum Segment and solid profitability in the Nitrogen Fertilizer Segment.
The company also revised its segment reporting beginning in the first quarter of 2026, folding its renewables business into “Other” after reverting the Wynnewood refinery’s renewable diesel unit back to hydrocarbon processing. For the quarter ended March 31, 2026, the Petroleum Segment posted a net loss of $193 million with negative adjusted EBITDA of $50 million, while the Nitrogen Fertilizer Segment generated net income of $50 million and EBITDA of $78 million on high ammonia utilization and strong fertilizer demand, underscoring a mixed performance across CVR Energy’s portfolio against a backdrop of geopolitical-driven volatility in energy and fertilizer markets.
The most recent analyst rating on (CVI) stock is a Sell with a $28.00 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 score is held down primarily by deteriorated financial performance (compressed profitability, weaker cash generation, negative 2025 free cash flow) and elevated leverage. Technical indicators are supportive in the near term, and the earnings call suggests improving liquidity and a potential operational rebound, but the very high P/E and ongoing RIN-related uncertainty limit upside confidence.
To see Spark’s full report on CVI stock, click here.
More about CVR Energy
CVR Energy, Inc., based in Sugar Land, Texas, operates in the petroleum refining and nitrogen fertilizer industries, with reportable segments including a Petroleum Segment and a Nitrogen Fertilizer Segment. The company’s assets include refineries and ammonia plants, with its nitrogen fertilizer business conducted through CVR Partners, which produces and sells ammonia and UAN fertilizers, largely serving agricultural demand such as the spring planting season.
Average Trading Volume: 1,331,711
Technical Sentiment Signal: Strong Buy
Current Market Cap: $3.26B
Find detailed analytics on CVI stock on TipRanks’ Stock Analysis page.