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CVR Energy CVI Petroleum Segment — RFS obligation

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Other financials

Income statement

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Revenue$2.7B+55.5%
Gross profit$117.0M+277%
Operating income$78.0M+176%
Net income-$3.0M+97.4%
EPS (diluted)-$0.03+97.4%

Balance sheet

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Cash & equivalents$737.0M+23.7%
Total debt$1.8B-4.1%
Total equity$525.0M+12.7%
Total assets$4.1B+2.4%

Cash flow

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Operating cash flow$307.0M
CapEx$43.0M+4.9%
Free cash flow$264.0M

Valuation

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Market cap$3.15B+17.4%
Enterprise value$4.23B+6.3%
P/E48.5×-24.1×
P/S0.4×0.0×

Profitability

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Gross margin6.3%+2.4pp
Operating margin4.1%+2.1pp
Net margin2.3%+1.4pp
FCF margin4.1%

Returns & leverage

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Return on equity21.9%+13.3pp
Debt / equity3.4×-0.6×
Current ratio1.4×+0.2×

Where this comes from

Reported directly by CVR Energy in its filing.

Tagged under the XBRL concept cvi:RenewableFuelStandardsObligationCurrent.

The source filing: CVR Energy’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:27 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001376139-26-000039

As of June 30, 2026 and December 31, 2025, the Company’s obligated-party subsidiaries’ RFS positions were approximately $408 million and $72 million, respectively, and are recorded in Other current liabilities in the Condensed Consolidated Balance Sheets.

Item 1. Financial Statements6Item 1.Legal Proceedings

FAQ

What is CVR Energy's petroleum segment — RFS obligation?
CVR Energy (CVI) reported petroleum segment — RFS obligation of $408M in Q2 2026.
How has CVR Energy's petroleum segment — RFS obligation changed year-over-year?
CVR Energy's petroleum segment — RFS obligation decreased by 25.5% year-over-year, from $548M to $408M.
What is the long-term trend for CVR Energy's petroleum segment — RFS obligation?
Over 4 years (2021 to 2025), CVR Energy's petroleum segment — RFS obligation has grown at a -10.1% compound annual growth rate (CAGR), from $1.76B to $1.15B.
What does petroleum segment — RFS obligation mean?
This metric tracks the net expense or benefit associated with complying with the Renewable Fuel Standard (RFS) mandates. It reflects the financial impact of purchasing or selling renewable identification numbers (RINs) required to meet regulatory blending obligations within the petroleum refining segment.

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