CVR Energy, Inc. (CVI) Stock

CVR Energy, Inc. (CVI) is a Energy stock trading at $35.79 (as of 2026-08-20), with a market capitalization of $3.60B and a trailing P/E of 189.4. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

CVR Energy, Inc., through its subsidiaries, operates petroleum refining and nitrogen fertilizer manufacturing in the United States. It runs two segments—Petroleum, which refines and distributes refined products via its refineries and logistics assets, and Nitrogen Fertilizer, which produces nitrogen fertilizer products from facilities in North America and markets them to agricultural and industrial customers.

Understand CVR Energy, Inc.: how it makes money

CVR Energy refines crude oil into products like gasoline and diesel, and manufactures nitrogen fertilizer, and it makes money by selling these refined products and fertilizer to customers such as retailers, railroads, farm co-operatives, and other refiners and marketers.

CVR Energy's profit model depends on commodity-linked margins in its Petroleum refining business and in its Nitrogen Fertilizer business, with reported results influenced by inventory valuation impacts (evidenced by the presence of both reported and adjusted petroleum earnings measures).

Revenue by segment (latest quarter)
Petroleum$1.8B
Nitrogen$0.2B

Business quality (Weak): Clear two-segment operating structure (Petroleum and Nitrogen Fertilizer), and multiple petroleum and fertilizer operating metrics are provided, but there is no segment Net Sales figure for Petroleum in the provided facts.

Bull case

  • Petroleum is the main operating contributor: In the latest period (2026-03-31), Petroleum Segment Earnings before Interest, Taxes, Depreciation and Amortization are 0.57 USD_B, and Petroleum Segment Net Income is 0.52 USD_B.
  • Nitrogen Fertilizer adds a second profit stream: Nitrogen Fertilizer Segment Net Sales are 0.16 USD_B, and Nitrogen Fertilizer Segment Earnings Before Interest Taxes Depreciation and Amortization are 0.07 USD_B (Fertilizer Segment Earnings Before Interest, Taxes, Depreciation, and Amortization are 0.12 USD_B as shown in the provided KPI set).

Bear case

  • Overall profitability is negative in the latest period: Total gross margin is -5.2% and operating margin is -7.3% for 2026-03-31.
  • Refining outcomes can be volatile and harder to interpret: The provided facts include both reported and adjusted petroleum earnings measures (for example, Petroleum Segment Earnings before Interest, Taxes, Depreciation and Amortization versus Adjusted Earnings measures), which suggests results can be affected by items such as inventory valuation impacts.
Valuation — source: SEC EDGAR (first-party)
Price$35.79
Market Cap$3.60B
P/E Ratio189.4
EV / EBITDA8.0
Price / Book4.84
Price / Sales0.42
FCF Yield9.1%
DCF Value (model)$7.24
DCF Upside vs Price-79.8%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$7.16B
Net Margin0.4%
Revenue Growth (YoY)-5.9%
EPS Growth (YoY)350.0%
FCF Growth (YoY)-118.2%
Financial Health — source: SEC EDGAR
Altman Z-Score2.75 (grey)
Piotroski F-Score8/9 (strong)
Valuation vs Sector & Industry
Stock P/E189.4
Sector P/E (Energy)16.8
Industry P/E (Petroleum & Natural Gas)16.7
vs Sector1028.7%
vs Industry1037.1%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderICAHN CARL C ($2.40B)
Institutional Holders Tracked10
Company
SectorEnergy
IndustryPetroleum & Natural Gas
CEOMark A. Pytosh
Employees1,595
CountryUS
IPO Date2007-10-23

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CVI earnings history · CVI institutional & insider holders · CVI KPIs & operating metrics · CVI financials · CVI investor presentations & press releases · CVI SEC filings · CVI peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.