CVR Energy, Inc. reported a net income of $90 million for the fiscal year ending December 31, 2025, a significant increase from $45 million in 2024. The company's total revenue for the year was $7.16 billion, down from $7.61 billion in the previous year. Operating income rose to $182 million, compared to $58 million in 2024, driven by improved refining margins and favorable adjustments related to the Renewable Fuel Standard (RFS). The company’s earnings per share were $0.27, up from $0.06 in 2024. EBITDA for the year was reported at $591 million, an increase from $394 million in the prior year.
The company experienced notable changes in its operational metrics, particularly in its Petroleum Segment, which saw a decrease in throughput due to a major turnaround at the Coffeyville Refinery. Total throughput for the Coffeyville Refinery was 98,757 barrels per day (bpd) in 2025, down from 123,769 bpd in 2024. The Wynnewood Refinery, however, reported an increase in throughput to 68,186 bpd, up from 56,330 bpd in the previous year. The overall refining margin per total throughput barrel improved to $13.64, compared to $9.53 in 2024, reflecting higher gasoline and distillate crack spreads.
Strategically, CVR Energy reverted its renewable diesel unit at the Wynnewood Refinery back to hydrocarbon processing in December 2025, citing unfavorable economics in the renewables business. This decision is expected to optimize feedstock logistics and may lead to changes in the company’s reportable segments in 2026. The company also reported a favorable adjustment of $488 million related to small refinery exemptions under the RFS, which significantly impacted its financial results.
In terms of operational developments, CVR Energy's employee headcount stood at 1,532 as of December 31, 2025, with 597 employees covered by collective bargaining agreements. The company’s liquidity was approximately $807 million, down from $1.3 billion in 2024, primarily due to increased capital expenditures and a decrease in cash generated from operations. Looking ahead, CVR Energy anticipates continued volatility in commodity prices and market conditions, which may impact its financial performance and operational strategies. The company remains focused on maintaining financial discipline and optimizing its capital allocation in response to evolving market dynamics.
About CVR ENERGY INC
CVR Energy, Inc. is a diversified holding company engaged in petroleum refining, renewable fuels production, and nitrogen fertilizer manufacturing. It operates refineries, produces renewable diesel, and supplies nitrogen-based fertilizers to agriculture and industrial markets. The company serves regional markets in the U.S., leveraging integrated supply chains, competitive feedstock sourcing, and government credits, with a focus on cost efficiency, environmental compliance, and market adaptability.
About 10-K Filings
A 10-K form is a comprehensive annual report that public companies in the United States must file with the SEC, providing a detailed overview of the company's financial condition, performance, and business strategies.
Key points about the 10-K:
- Frequency: Filed annually, typically within 60 to 90 days after the end of the company's fiscal year.
-
Content: It includes:
- Detailed financial statements audited by an independent accounting firm
- Management's Discussion and Analysis (MD&A) of financial condition and results
- Description of the company's business, properties, and legal proceedings
- Risk factors and market risks
- Executive compensation and corporate governance information
- Importance: Considered the most comprehensive and important document a public company files with the SEC.
- Length: Often exceeds 100 pages due to its extensive and detailed nature.
Our Methodology
AssetRoom is committed to providing timely summaries of news from public companies. We use AI to generate these summaries quickly, but they are not reviewed by human experts.
Our method:
- Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
- AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
- Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
- Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
- Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Feedback & Corrections
Spot an error or have a suggestion? Contact us.