CVR Energy (NYSE:CVI) Posts Quarterly Earnings Results, Beats Expectations By $0.08 EPS

CVR Energy (NYSE:CVI) released its quarterly earnings data on Wednesday. The oil and gas company reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.26 by $0.08, FiscalAI reports. CVR Energy had a negative net margin of 0.56% and a negative return on equity of 22.36%. The firm had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.22 billion. During the same quarter in the previous year, the firm earned ($0.23) earnings per share. The firm’s revenue was up 55.5% on a year-over-year basis.

CVR Energy Price Performance

NYSE:CVI traded up $4.44 during trading hours on Thursday, reaching $39.06. 770,377 shares of the company traded hands, compared to its average volume of 1,180,160. The firm’s 50-day moving average is $31.36 and its 200-day moving average is $29.32. The stock has a market cap of $3.93 billion, a P/E ratio of -90.85 and a beta of 0.83. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.44 and a quick ratio of 0.89. CVR Energy has a 1-year low of $19.62 and a 1-year high of $41.67.

CVR Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 10th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $0.40 dividend on an annualized basis and a yield of 1.0%. CVR Energy’s dividend payout ratio is presently -93.02%.

Hedge Funds Weigh In On CVR Energy

Institutional investors have recently made changes to their positions in the stock. Aster Capital Management DIFC Ltd purchased a new stake in CVR Energy during the 4th quarter worth about $40,000. Quarry LP purchased a new position in CVR Energy in the 3rd quarter valued at about $50,000. Raymond James Financial Inc. acquired a new stake in shares of CVR Energy during the 2nd quarter worth about $53,000. BNP Paribas Financial Markets grew its holdings in shares of CVR Energy by 48.0% during the second quarter. BNP Paribas Financial Markets now owns 3,633 shares of the oil and gas company’s stock worth $98,000 after buying an additional 1,178 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new stake in shares of CVR Energy during the second quarter worth about $114,000. 98.88% of the stock is owned by institutional investors and hedge funds.

More CVR Energy News

Here are the key news stories impacting CVR Energy this week:

• Positive Sentiment: Adjusted earnings and revenue beat expectations: CVR reported adjusted earnings of $0.34 per share, above the $0.18 Zacks consensus and $0.26 analyst estimate. Revenue increased 55.5% year over year to $2.74 billion, exceeding the $2.22 billion consensus. CVR Energy Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Sharp improvement in operating results: Adjusted EBITDA reached $209 million, compared with a loss-adjusted performance in the prior-year quarter. The nitrogen fertilizer segment generated $78 million of net income, while the petroleum segment contributed $12 million. Refinery utilization was strong at 98.4%, with total throughput of 212,965 barrels per day. CVR Energy Reports Second Quarter 2026 Results
• Positive Sentiment: Dividend maintained: CVI declared a quarterly dividend of $0.10 per share, payable August 17 to shareholders of record August 10. The payment implies an annualized dividend of $0.40 and a yield of approximately 1.1%, providing continued shareholder income.
• Positive Sentiment: Insider buying offers additional support: Carl Icahn purchased 783,404 shares during the past six months, according to the cited data, signaling continued confidence from a major shareholder.
• Neutral Sentiment: Shares are near their annual high: CVI opened at $37.96, well above its 50-day and 200-day moving averages of $31.36 and $29.32, respectively, but close to its 52-week high of $41.67. This strong momentum may increase sensitivity to profit-taking.
• Negative Sentiment: GAAP profitability remains weak: CVR still posted a $3 million attributable net loss, or $0.03 per share, and carries a debt-to-equity ratio of 2.41. Analysts continue to expect a loss for the full fiscal year, underscoring ongoing earnings volatility.

Analysts Set New Price Targets

A number of research analysts have issued reports on CVI shares. Mizuho dropped their target price on shares of CVR Energy from $35.00 to $28.00 and set an “underperform” rating for the company in a report on Tuesday, July 7th. Tudor Pickering lowered CVR Energy from a “hold” rating to a “sell” rating in a research note on Thursday, June 4th. Wall Street Zen upgraded CVR Energy from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Weiss Ratings downgraded CVR Energy from a “sell (d+)” rating to a “sell (d-)” rating in a research note on Friday, May 15th. Finally, Scotiabank lifted their price objective on CVR Energy from $25.00 to $28.00 and gave the stock a “sector underperform” rating in a report on Wednesday, April 22nd. Two investment analysts have rated the stock with a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Strong Sell” and an average price target of $30.25.

About CVR Energy

CVR Energy, Inc is an independent downstream energy company engaged primarily in petroleum refining and nitrogen fertilizer production in the United States. Headquartered in Sugar Land, Texas, CVR Energy operates through two reportable segments—Petroleum Products and Nitrogen Fertilizers—leveraging its refining expertise and distribution network to serve both wholesale and retail markets across key regions in the U.S.

In its Petroleum Products segment, the company owns and operates the Coffeyville, Kansas refinery, which has the capability to process various grades of crude oil into gasoline, diesel, jet fuel and other refined products.