Petroleum refiner CVR Energy Q3 revenue beats expectations

CVR Energy

29/10/2025 20:31

Overview

CVR Energy Q3 2025 revenue beats analyst expectations, adjusted EPS also exceeds estimates

Net income for Q3 2025 rises to $401 mln, reversing prior year loss

Company benefited from EPA decision, removing $488 mln liability from balance sheet

Outlook

Company plans to revert renewable diesel unit to hydrocarbon processing by December 2025

CVR Energy anticipates geopolitical tensions and refinery closures to impact market conditions

Result Drivers

EPA WAIVERS - Removal of $488 mln liability due to EPA waivers significantly boosted results

PETROLEUM SEGMENT - Higher throughput and increased crack spreads improved refining margins

NITROGEN FERTILIZER - Higher ammonia and UAN prices drove segment's positive performance

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$1.94 bln
$1.87 bln (5 Analysts)
Q3 Adjusted EPS
Beat
$0.40
$0.21 (7 Analysts)
Q3 Net Income
$401 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 $29.00, about 32.4% below its October 28 closing price of $38.40

The stock recently traded at 93 times the next 12-month earnings vs. a P/E of 69 three months ago

Press Release: ID:nBw52wjXNa

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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.)