Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
7.61B | 9.25B | 10.90B | 7.24B | 3.93B | Gross Profit |
197.00M | 1.27B | 1.13B | 218.00M | -189.00M | EBIT |
58.00M | 1.12B | 963.00M | 87.00M | -333.00M | EBITDA |
394.00M | 1.44B | 1.26B | 369.00M | -7.00M | Net Income Common Stockholders |
7.00M | 769.00M | 644.00M | 74.00M | -320.00M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
987.00M | 581.00M | 510.00M | 510.00M | 667.00M | Total Assets |
4.26B | 4.71B | 4.12B | 3.91B | 3.98B | Total Debt |
1.94B | 2.20B | 1.61B | 1.67B | 1.71B | Net Debt |
948.00M | 1.62B | 1.10B | 1.16B | 1.04B | Total Liabilities |
3.48B | 3.67B | 3.59B | 3.35B | 2.96B | Stockholders Equity |
703.00M | 847.00M | 531.00M | 553.00M | 1.02B |
Cash Flow | Free Cash Flow | |||
172.00M | 686.00M | 693.00M | -159.00M | -193.00M | Operating Cash Flow |
404.00M | 948.00M | 967.00M | 90.00M | 90.00M | Investing Cash Flow |
-121.00M | -239.00M | -271.00M | -423.00M | -423.00M | Financing Cash Flow |
-482.00M | -40.00M | -696.00M | -315.00M | 355.00M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
74 Outperform | $8.71B | 9.51 | 28.38% | 6.16% | -1.63% | 80.11% | |
67 Neutral | $37.25B | 41.93 | 3.73% | 3.78% | -8.44% | -85.95% | |
64 Neutral | $6.03B | 35.13 | 1.78% | 6.39% | -11.17% | -109.53% | |
56 Neutral | $6.99B | 3.72 | -4.39% | 5.96% | -0.24% | -48.44% | |
51 Neutral | $1.93B | ― | -8.87% | 6.30% | -13.59% | -127.47% | |
49 Neutral | $853.13M | ― | -108.21% | 7.52% | -28.68% | -4373.94% | |
46 Neutral | $1.95B | 268.82 | -27.14% | 10.34% | -16.21% | -130.18% |
CVR Energy reported a challenging first quarter in 2025, with a net loss of $123 million, compared to a net income of $82 million in the same period of 2024. The company’s performance was significantly impacted by planned and unplanned downtime at the Coffeyville refinery, resulting in a substantial decrease in throughput and refining margins. Despite these setbacks, CVR Partners, the company’s nitrogen fertilizer segment, achieved solid results, with increased ammonia production and a declared cash distribution of $2.26 per common unit. The Renewables Segment also showed improvement, reporting a net income of less than $1 million, driven by increased production and sales volumes.
Spark’s Take on CVI Stock
According to Spark, TipRanks’ AI Analyst, CVI is a Neutral.
CVR Energy’s stock faces several challenges, primarily due to declining financial performance, bearish technical indicators, and a high P/E ratio indicating potential overvaluation. The company’s strategic focus on deleveraging and improving the renewables segment could provide some long-term benefits. However, immediate concerns such as operational disruptions and market challenges in the refining sector weigh heavily on the stock, resulting in a cautious overall score.
To see Spark’s full report on CVI stock, click here.
On March 31, 2025, CVR Energy appointed Robert E. Flint and Colin Kwak to its Board of Directors, with Flint becoming the Chairperson. Both are affiliated with Icahn Enterprises, which controls a majority stake in CVR Energy. Their appointments follow the resignation of Ted Papapostolou for personal reasons, not related to any company disagreements. The board expanded from seven to eight members, reflecting these changes.
CVR Energy, Inc. announced that starting March 3, 2025, it will use a new Investor Presentation containing forward-looking statements in meetings with investors and analysts. This presentation aims to provide insights into the company’s future operations and strategic priorities, although it is not intended to be considered material or complete for investment decisions. The announcement highlights CVR Energy’s commitment to transparency with its stakeholders while cautioning against undue reliance on forward-looking statements due to inherent uncertainties.
CVR Energy reported a significant decline in its financial performance for the fourth quarter and the full year of 2024 compared to 2023, with net income attributable to stockholders dropping to $7 million for the year. The company enhanced its liquidity by $408 million in the fourth quarter through a Term Loan and the sale of its interest in Midway Pipeline. Despite facing challenges in the refining segment due to reduced crack spreads and throughput, the company anticipates improvement as the summer driving season approaches. The renewables segment showed improvements in EBITDA and margin due to lower feedstock costs and better operational efficiency, while the nitrogen fertilizer segment saw a decrease in net income and EBITDA compared to 2023.