Earnings ·
Reports Q3 net income of $570M, declares 10-cent dividend, agrees to acquire Marathon refineries
CVICvr Energy Inc
CVR Energy reported third quarter 2026 net income attributable to stockholders of $570 million, or $5.67 per diluted share, compared to $374 million in the prior year period. Adjusted EBITDA rose to $582 million from $180 million, driven by strong refining margins and a $253 million reduction in RFS liability following an EPA waiver. The company declared a quarterly cash dividend of 10 cents per share, payable November 23, 2026, to holders of record as of November 16, 2026. Additionally, CVR Energy announced a definitive agreement to acquire Marathon Petroleum’s St. Paul Park and Mandan refineries and related marketing assets. The company operates in petroleum refining and nitrogen fertilizer manufacturing.