Market Incident
Public · Developing
AI compiled from Infoway · 3 analyzed stories
CVR Energy Reports Third Quarter 2026 Results
CVR Energy reported third quarter 2026 net income attributable to stockholders of $570 million, or $5.67 per diluted share, and adjusted earnings per diluted share of $4.00, up from $374 million, or $3.72 per diluted share, a year earlier.
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Updated:
What happened
CVR Energy reported third-quarter 2026 net income of $570 million and adjusted earnings of $4.00 per share. Adjusted EBITDA, a measure of operating earnings, was $582 million, compared with $180 million a year earlier. Record petroleum results and an EPA waiver helped; a refinery purchase is still pending.
Global impact / market context
The results show much higher earnings than a year earlier, which may matter to investors assessing the company. The waiver removed $253 million of renewable fuel program liability. Strong refining profits and the planned refinery purchase are important, but the purchase has not closed.
What to watch
- Check whether the refinery purchase closes by year-end, as targeted; completion would show whether the planned deal went ahead.
- Check future petroleum results and crack spreads, the difference between crude oil costs and fuel prices; they helped drive this quarter’s results.
- Check whether the EPA waiver’s $253 million effect applies beyond this quarter; it reduced reported liability, but the evidence gives no further details.
Affected assets
- CVR Energy, Inc.
- Marathon Petroleum refineries
Evidence
- Infoway News — CVI: Record refining results lifted Q3 adjusted EBITDA to $582M; refinery acquisition remains pending
- Infoway News — CVR Energy (CVI) Adjusted EPS Rises To $4.00 From $0.40
- Infoway News — CVR Energy Reports Third Quarter 2026 Results
- Incident timeline — CVI: Record refining results lifted Q3 adjusted EBITDA to $582M; refinery acquisition remains pending
- Incident timeline — CVR Energy (CVI) Adjusted EPS Rises To $4.00 From $0.40
- Incident timeline — CVR Energy Reports Third Quarter 2026 Results