CVR Energy Inc. is a diversified holding company involved in petroleum refining and nitrogen fertilizer manufacturing. In 2023, the company reported net sales of $8.3 billion and a net income of $769 million. The Petroleum Segment achieved a refining margin of $1.7 billion, processing crude oil into products like gasoline and diesel. The Nitrogen Fertilizer Segment generated an operating income of $201 million, producing ammonia and urea ammonium nitrate fertilizers. CVR Energy declared total cash dividends of $4.50 from earnings of $7.65 per share (28.5% earnings yield).
CVR Energy inc.
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