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Jun 30, 2023
CVR Energy Q2 2023 Earnings Report
CVR Energy reported solid results for Q2 2023, driven by strong crack spreads and approved a special dividend of $1.00 per share.
Key Takeaways
CVR Energy announced net income of $130 million, or $1.29 per diluted share, on net sales of $2.2 billion for the second quarter of 2023. The company also declared a cash dividend of 50 cents per share and a special dividend of $1.00 per share.
Net income was $130 million, or $1.29 per diluted share.
Net sales were $2.2 billion.
A cash dividend of 50 cents per share and a special dividend of $1.00 per share were announced.
Petroleum Segment operating income was $171 million on net sales of $2.0 billion.
Revenue by Segment
Forward Guidance
The table below summarizes our outlook for certain operational statistics and financial information for the third quarter of 2023.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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