CVR Energy Q4 revenue beats expectations on strong throughput volumes

CVR Energy

18/02/2026 21:36

Overview

Diversified holding company's Q4 revenue beat analyst expectations

Company completed reversion of Renewable Diesel Unit to hydrocarbon processing

Outlook

CVR Energy expects Q1 2026 petroleum throughput between 200,000 and 215,000 bpd

Company anticipates Q1 2026 ammonia utilization rate between 95% and 100%

CVR Energy forecasts Q1 2026 capital expenditures between $56 mln and $68 mln

Result Drivers

THROUGHPUT VOLUMES - Strong throughput volumes in refining operations contributed to Q4 results, according to CEO Mark Pytosh

RDU REVERSION - Reversion of Renewable Diesel Unit to hydrocarbon processing resulted in $62 mln accelerated depreciation, impacting net loss

NITROGEN FERTILIZER TURNAROUND - Planned turnaround and startup issues at Coffeyville facility affected nitrogen fertilizer segment results

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
$1.81 bln
$1.70 bln (5 Analysts)
Q4 Net Income
-$116 mln


Analyst Coverage

The current average analyst rating on the shares is "sell" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and 5 "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 17.7% above its February 17 closing price of $22.52

The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 34 three months ago

Press Release: ID:nBw6slhZZa

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(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.)