CVR Energy Expects Preliminary Q4 2025 Net Loss
"CVR Energy's 2025 fourth quarter preliminary estimated consolidated net loss attributable to CVR Energy stockholders was impacted by accelerated depreciation associated with the reversion of the renewable diesel unit at Wynnewood back to hydrocarbon processing, along with reduced nitrogen fertilizer production and sales volumes due to the planned turnaround and delayed post-turnaround startup at the Coffeyville fertilizer facility," said Mark Pytosh, CEO. "The reversion of the renewable diesel unit was completed in December, and we are optimistic about the benefits we are already seeing by having the hydrocracker at Wynnewood returned to hydrocarbon processing. We also look forward to a year with no planned turnarounds in our Petroleum segment in 2026."
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CVR Energy Plans $1 Billion Bond Offering
- Bond Offering Plan: CVR Energy intends to offer $1 billion in senior unsecured notes due 2031 and 2034 in a private placement, aimed at enhancing its capital structure and financial flexibility under favorable market conditions.
- Clear Use of Proceeds: The net proceeds from this offering will be utilized to repay existing senior secured term loans and redeem outstanding senior notes due 2029 and 2028, which is expected to significantly reduce the company's debt burden and improve its financial health.
- Compliance and Risk Advisory: The bond offering is not registered under the Securities Act, and may only be sold to qualified institutional buyers and non-U.S. persons, indicating the company’s adherence to legal regulations while facing uncertainties regarding market acceptance.
- Market Reaction Expectations: Although the company cannot guarantee the success of this offering, the financing is anticipated to enhance CVR Energy's competitiveness in the petroleum refining and marketing sectors, further solidifying its market position.

CVR Energy Announces $600 Million Bond Offering
- Bond Offering Size: CVR Energy announced a private placement under the Securities Act to issue $600 million in 7.500% senior unsecured notes due 2031, demonstrating the company's ability to access capital markets effectively.
- Clear Use of Proceeds: The net proceeds from this offering will be utilized to repay $345 million under its senior secured asset-based revolving credit facility and to redeem outstanding senior notes due in 2029 and 2028, aiming to optimize capital structure and reduce financial costs.
- Issuance Conditions and Guarantees: The 2031 and 2034 notes will be jointly guaranteed on a senior unsecured basis by certain domestic subsidiaries, enhancing the credit support for the bonds, with the offering expected to close on February 12, 2026.
- Compliance and Market Positioning: This bond issuance is not registered under the Securities Act and is offered only to qualified institutional buyers and non-U.S. persons, indicating the company's strategic positioning in the capital markets and its emphasis on compliance.









