CVR Energy Q2 adjusted loss misses estimates

CVR Energy

30/07/2025 22:04

Overview

Adjusted loss per share 23 cents, missing analyst expectations, per LSEG data

Co impacted by unfavorable mark-to-market effect on Renewable Fuel Standard obligation

Outlook

Company does not provide specific financial guidance for future in press release

Result Drivers

REFINING IMPACT - $89 mln unfavorable mark-to-market impact on Renewable Fuel Standard obligation affected refining results, per CEO Dave Lamp

THROUGHPUT REDUCTION - Reduced throughput volumes due to processing of intermediate inventories post-Coffeyville refinery turnaround

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$1.76 bln
$1.69 bln (5 Analysts)
Q2 Adjusted EPS
Miss
-$0.23
-$0.05 (6 Analysts)
Q2 Net Income
-$90 mln


Analyst Coverage

The current average analyst rating on the shares is "sell" and the breakdown of recommendations is no "strong buy" or "buy", 3 "hold" and 4 "sell" or "strong sell"

The average consensus recommendation for the oil & gas refining and marketing peer group is "buy."

Wall Street's median 12-month price target for CVR Energy Inc is $26.50, about 6.7% below its July 30 closing price of $28.27

The stock recently traded at 55 times the next 12-month earnings vs. a P/E of 7,262 three months ago

Press Release: ID:nGNX6x0dTB

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)