CVR Energy (CVI)
Refines Mid-Continent transportation fuels and produces nitrogen fertilizer through CVR Partners.
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Refines and markets transportation fuels from two Mid-Continent refineries, supported by regional crude gathering and logistics. Also produces ammonia and urea ammonium nitrate through CVR Partners; results depend on commodity margins, plant reliability, environmental rules, and renewable-fuel compliance.
Refines and markets gasoline, diesel, jet fuel, and other distillates from the Coffeyville, Kansas, and Wynnewood, Oklahoma, refineries. Regional crude gathering, pipelines, storage, and trucking link both plants to Mid-Continent feedstocks and customers, supporting flexible crude sourcing and transportation-cost advantages.
Produces ammonia and urea ammonium nitrate through CVR Partners, whose general partner it controls. The fertilizer business combines a petroleum-coke gasifier beside the Coffeyville refinery with a natural-gas-fed plant in East Dubuque, Illinois, serving agricultural and industrial customers.
The former Wynnewood renewable diesel unit now processes hydrocarbons, though it can be converted again. Results depend on plant uptime, crude and product spreads, fertilizer and feedstock prices, logistics access, environmental permits, and renewable-fuel compliance; Icahn Enterprises and affiliates control most outstanding shares.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jul 7, 2026 | Mizuho Securities | Target | Target: $35 | Target: $28 |
| Jun 29, 2026 | UBS | Reiterate | Rating: —Target: $37 | Target: $35 |
| May 27, 2026 | Mizuho Securities | Target | Target: $29 | Target: $35 |
| Apr 10, 2026 | Goldman Sachs | Target | Target: $25 | Target: $30 |
| Mar 25, 2026 | Raymond James | Upgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $737.0M · Total debt $1.80B · Total assets $4.08B · Shareholders' equity $525.0M
- Revenue
- $2.74B
- Operating income
- $78.0M
- Net income
- −$3.0M
HistoryDividendAnnual yield
| Institutions | 103.88% | 104.43M shares | |
|---|---|---|---|
| 240 holders · as of Jun 30, 2026 | |||
| Insiders | 0.04% | 40.2K shares | |
| 7 holders · as of Dec 12, 2025 | |||
| Adds to | 103.92% | ||
100.53M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 103.92%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Icahn Carl CInstitution | 70.83% | 71.20M | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 5.17% | 5.20M | as of Jun 30, 2026 |
State Street CorpInstitution | 2.14% | 2.15M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 2.07% | 2.08M | as of Jun 30, 2026 |
Dimensional Fund Advisors LPInstitution | 2.04% | 2.05M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Feb 20, 2026 | Carl C. Icahn | 10 percent owner | +263,452 | $20.78 |
| Feb 23, 2026 | Carl C. Icahn | 10 percent owner | +244,940 | $20.75 |
| Feb 24, 2026 | Carl C. Icahn | 10 percent owner | +275,012 | $21.41 |
- HF Sinclair
Direct inland refining peer with renewable diesel and logistics overlap
- Delek US
Inland refining and logistics peer with overlapping fuel markets
- PBF Energy
Independent refiner competing in fuels and renewable diesel exposure
- Marathon Petroleum
Scale leader in U.S. refining, fuels marketing, and logistics
- CF Industries
Scale nitrogen producer competing in ammonia and UAN
- Valero Energy
Major refiner with large renewable diesel and ethanol platforms
- Par Pacific
Smaller refining, logistics, and retail fuels peer
- LSB Industries
Nitrogen producer overlapping in ammonia, UAN, and AN
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| CVR Energy | $50.69 | −2.77% | $5.24B | 75.6 | 13.7 | 0.6 | +55.5% |
| HF Sinclair | $104.90 | −1.68% | $18.97B | 10.1 | 6.2 | 0.6 | +53.2% |
| Delek US | $70.81 | −3.45% | $4.49B | 20.6 | 4.7 | 0.4 | +47.8% |
| PBF Energy | $70.01 | −2.00% | $8.47B | 6.3 | 3.1 | 0.2 | +56.2% |
| Marathon Petroleum | $386.99 | −0.69% | $113.76B | 13.4 | 6.5 | 0.7 | +54.9% |
| CF Industries | $121.83 | +1.03% | $18.53B | 8.9 | 9.4 | 2.4 | +17.6% |
| Valero Energy | $374.61 | −0.67% | $108.59B | 15.6 | 7.6 | 0.8 | +48.8% |
| Par Pacific | $76.44 | −3.38% | $3.97B | 4.6 | 4.6 | 0.5 | +56.8% |
| LSB Industries | $10.57 | +0.57% | $756.1M | 21.1 | 10.8 | 1.1 | +11.1% |
| Median | 11.8 | 6.3 | 0.7 | +51.0% |