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Cvr Energy Inc. (CVI)
NYSE:CVI
Earnings Data
Report Date
Aug 04, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.1Last Year’s EPS
0.09Same Quarter Last Year
Moderate Sell
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 28, 2025
|% Change Since: 28.11%
|Next Earnings Date:Aug 04, 2025
Earnings Call Sentiment|Negative
The earnings call highlighted challenges in the Petroleum segment and a significant net loss, but there were improvements in the Fertilizer and Renewables segments. The company's ongoing issues with the EPA and RINs expenses were notable lowlights. Overall, the sentiment of the call is slightly negative, with lowlights outweighing the highlights.Company Guidance
In the first quarter of 2025, CVR Energy reported a consolidated net loss of $105 million and a loss per share of $1.22, with an EBITDA loss of $61 million. This was impacted by a planned turnaround at the Coffeyville refinery, unplanned events, and an unfavorable mark-to-market impact of the Renewable Fuel Standard (RFS) obligation. Total throughput for the Petroleum segment was approximately 125,000 barrels per day with a light product yield of 95%. Group 3211 benchmark cracks averaged $17.65 per barrel, down from $19.55 the previous year. Average Renewable Identification Number (RIN) prices in the first quarter were approximately $0.84, a 25% increase from the prior year, and net RINs expense was $27 million or $2.47 per barrel. In the Renewables segment, they processed about 14 million gallons of vegetable fuel oil with a gross margin of $1.13 per gallon, up from $0.65 in 2024, despite the expiration of the blender's tax credit. The Fertilizer segment saw higher ammonia prices and strong demand, with a $53 million adjusted EBITDA. Looking ahead, CVR Energy estimates second-quarter throughput at 160,000 to 180,000 barrels per day for the Petroleum segment, with direct operating expenses of $105 million to $115 million.Improvement in Fertilizer Segment
Adjusted EBITDA in the Fertilizer segment was $53 million for the first quarter with increased UAN sales volumes and higher ammonia sales prices driving the improvement compared to the prior year.
Renewables Segment Positive EBITDA
The Renewables segment reported an adjusted EBITDA of $3 million for the first quarter, an improvement from the negative $5 million in the first quarter of 2024, driven by higher RIN prices and reduced feedstock basis.
Successful Turnaround Completion
The planned turnaround at Coffeyville refinery was completed, and the refinery is ramping back to full rates over the course of the second quarter.
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CVI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CVI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2025 | $18.71 | $19.48 | +4.12% |
Feb 18, 2025 | $18.49 | $19.86 | +7.41% |
Oct 28, 2024 | $23.82 | $18.06 | -24.18% |
Jul 29, 2024 | $26.40 | $28.18 | +6.74% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Cvr Energy Inc. (CVI) report earnings?
Cvr Energy Inc. (CVI) is schdueled to report earning on Aug 04, 2025, TBA Not Confirmed.
What is Cvr Energy Inc. (CVI) earnings time?
Cvr Energy Inc. (CVI) earnings time is at Aug 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CVI EPS forecast?
CVI EPS forecast for the fiscal quarter 2025 (Q2) is 0.1.
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