OverviewSuggest Edit

CVR Energy is a diversified holding company engaged in the petroleum refining and nitrogen fertilizer manufacturing businesses. It operates through its holdings in CVR Refining (CVRR) and CVR Partners. CVR Refining is a petroleum refiner and marketer of transportation fuels. CVR Partners produces and markets nitrogen fertilizers in the form of urea ammonium nitrate and ammonia.

TypePublic
Founded1906
HQSugar Land, TX, US
Websitecvrenergy.com
Employee Ratings2.7
Overall CultureC

Latest Updates

Employees (est.) (Dec 2019)1,486(+3%)
Job Openings11
Revenue (FY, 2020)$3.9 B(-38%)
Share Price (Sept 2021)$13.4(-4%)
Cybersecurity ratingAMore

Key People/Management at CVR Energy

David L. Lamp

David L. Lamp

Chief Executive Officer, President
Patricia A. Agnello

Patricia A. Agnello

Director , Chairman (Compensation Committee; Environmental, Health and Safety Committee)
Hunter C. Gary

Hunter C. Gary

Director ,c Compensation Committee – Chairman
Kapiljeet Dargan

Kapiljeet Dargan

Director
Melissa M. Buhrig

Melissa M. Buhrig

Executive Vice President, General Counsel , Secretary
Jaffrey A. Firestone

Jaffrey A. Firestone

Director (Audit Committee; Environmental, Health and Safety Committee)
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CVR Energy Office Locations

CVR Energy has an office in Sugar Land
Sugar Land, TX, US (HQ)
2277 Plaza Dr #500
Show all (1)

CVR Energy Financials and Metrics

CVR Energy Revenue

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CVR Energy's revenue was reported to be $3.93 b in FY, 2020
USD

Revenue (Q1, 2021)

1.5b

Gross profit (Q1, 2021)

(105.0m)

Gross profit margin (Q1, 2021), %

(7.2%)

Net income (Q1, 2021)

(55.0m)

EBIT (Q1, 2021)

(135.0m)

Market capitalization (8-Sept-2021)

1.3b

Closing stock price (8-Sept-2021)

13.4

Cash (31-Mar-2021)

53.0m
CVR Energy's current market capitalization is $1.3 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

4.8b6.0b7.1b6.4b3.9b

Revenue growth, %

25%19%

Cost of goods sold

4.6b5.7b6.4b5.7b4.1b

Gross profit

208.6m302.7m716.0m702.0m(189.0m)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

1.5b1.4b1.5b1.5b1.9b1.9b1.5b1.7b1.6b1.1b675.0m1.0b1.5b

Cost of goods sold

1.4b1.4b1.3b1.4b1.8b1.7b1.3b1.5b1.4b1.2b634.0m1.0b1.6b

Gross profit

99.2m29.9m109.0m117.2m151.0m204.0m194.0m212.0m193.0m(109.0m)41.0m(24.0m)(105.0m)

Gross profit Margin, %

7%2%7%8%8%11%13%13%12%(10%)6%(2%)(7%)
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

735.8m481.8m668.0m37.0m31.0m

Accounts Receivable

151.9m178.7m169.0m34.0m37.0m

Prepaid Expenses

68.4m33.7m76.0m5.0m8.0m

Inventories

349.2m385.2m380.0m54.0m42.0m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

803.6m829.9m849.1m420.0m534.0m702.0m467.0m540.0m692.0m58.0m33.0m48.0m53.0m

Accounts Receivable

143.2m141.9m143.1m179.3m190.0m214.0m193.0m168.0m181.0m

Prepaid Expenses

37.9m45.8m41.1m114.3m54.0m47.0m58.0m59.0m66.0m

Inventories

353.9m318.3m339.7m424.4m433.0m427.0m403.0m390.0m388.0m55.0m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

8.9m216.9m411.0m362.0m(320.0m)

Depreciation and Amortization

193.1m214.0m224.0m296.0m288.0m

Inventories

(7.3m)(37.6m)(9.0m)(10.0m)9.0m

Accounts Payable

(10.4m)88.1m(23.0m)94.0m(121.0m)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

38.2m18.9m44.2m103.6m183.0m304.0m102.0m230.0m334.0m(101.0m)(133.0m)(241.0m)(55.0m)

Depreciation and Amortization

51.1m105.1m159.2m51.9m108.0m159.0m67.0m145.0m217.0m64.0m142.0m216.0m69.0m

Inventories

(1.9m)31.9m9.1m(37.1m)

Accounts Payable

(10.8m)(11.9m)36.5m10.7m
USDFY, 2016

Revenue/Employee

4.9m

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

2.4 x
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CVR Energy Operating Metrics

FY, 2016FY, 2017FY, 2018

Gasoline Produced, barrels per day

109.57 k111.09 k107.38 k

Diesel Produced, barrels per day

85.09 k90.41 k89.75 k

Other Refinery Products Produced, barrels per day

15.75 k16.32 k14.99 k

Refinery Throughput, barrels per day

210.47 k218.18 k212.6 k
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CVR Energy Acquisitions / Subsidiaries

Company NameDateDeal Size
CL JV Holdings, LLC
Coffeyville Crude Transportation, Inc.
Coffeyville Finance Inc.
Coffeyville Nitrogen Fertilizers, Inc.
Coffeyville Pipeline, Inc.
Coffeyville Refining & Marketing Holdings, Inc.
Coffeyville Refining & Marketing, Inc.
Coffeyville Resources Crude Transportation, LLC
Coffeyville Resources, LLC
Coffeyville Resources Nitrogen Fertilizers, LLC
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CVR Energy Revenue Breakdown

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CVR Energy revenue breakdown by business segment: 95.1% from Petroleum and 4.9% from Other

CVR Energy Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

SecurityScorecard logo

CVR Energy Online and Social Media Presence

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CVR Energy Company Culture

  • Overall Culture

    C

    67/100

  • CEO Rating

    C-

    63/100

  • Compensation

    F

    45/100

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CVR Energy News and Updates

CVR Energy to Release Second Quarter 2021 Earnings Results

SUGAR LAND, Texas, July 20, 2021 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (NYSE: CVI) plans to release its second quarter 2021 earnings results on Monday, August 2, after the close of trading on the New York Stock Exchange. The Company will host a teleconference call on Tuesday, August 3, at 1 p.m. Ea…

CVR Energy Finalizes Special Dividend, Determines Cash Distribution Payable to CVR Energy Stockholders

SUGAR LAND, Texas, June 10, 2021 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (“CVR Energy” or the “Company”) (NYSE: CVI) today announced that it has determined the amount of cash per share of its common stock to which each of its stockholders is entitled in connection with the previously announced specia…

CVR Energy Determines Stock Ratio for Distribution of Delek US Holdings Common Stock to CVR Energy Stockholders in Connection With Special Dividend

SUGAR LAND, Texas, May 27, 2021 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (“CVR Energy” or the “Company”) (NYSE: CVI) today announced the final ratio for the Stock Distribution (defined below) portion of its previously announced special dividend of $492 million, which is payable in a combination of cas…

Thinking about buying stock in Academy Sports & Outdoors, Sundial Growers, Nokia, CVR Energy, or Wendys?

NEW YORK, May 12, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ASO, SNDL, NOK, CVI, and WEN. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

CVR Energy Announces Special Dividend and Advancement of Renewable Diesel Initiatives

SUGAR LAND, Texas, May 11, 2021 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (“CVR Energy” or the “Company”) (NYSE: CVI) today announced that its Board of Directors (the “Board”) has determined that the Company will focus on renewable fuels and is no longer interested in acquiring another crude oil refine…

CVR Energy Reports First Quarter 2021 Results

SUGAR LAND, Texas, May 03, 2021 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (“CVR Energy”) (NYSE: CVI) today announced a net loss of $39 million, or 39 cents per diluted share, on net sales of $1.5 billion for the first quarter of 2021, compared to net loss of $87 million, or 87 cents per diluted share, …
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CVR Energy Frequently Asked Questions

  • When was CVR Energy founded?

    CVR Energy was founded in 1906.

  • Who are CVR Energy key executives?

    CVR Energy's key executives are David L. Lamp, Patricia A. Agnello and Hunter C. Gary.

  • How many employees does CVR Energy have?

    CVR Energy has 1,486 employees.

  • What is CVR Energy revenue?

    Latest CVR Energy annual revenue is $3.9 b.

  • What is CVR Energy revenue per employee?

    Latest CVR Energy revenue per employee is $2.6 m.

  • Who are CVR Energy competitors?

    Competitors of CVR Energy include PBF Energy, Ergon and HollyFrontier.

  • Where is CVR Energy headquarters?

    CVR Energy headquarters is located at 2277 Plaza Dr #500, Sugar Land.

  • Where are CVR Energy offices?

    CVR Energy has an office in Sugar Land.

  • How many offices does CVR Energy have?

    CVR Energy has 1 office.