NYSE$CVI
CVR Energy · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
CVR Energy's financial performance significantly improved, driven by higher diesel crack spreads and nitrogen-based fertilizer pricing.
CVR Energy reported a net income of $165 million, or $1.64 per diluted share, on net sales of $3.1 billion for the second quarter of 2022. This compares to a net loss of $6 million, or 6 cents per diluted share, on net sales of $1.8 billion for the second quarter of 2021. The company also announced a cash dividend of 40 cents per share and a special dividend of $2.60 per share.
- Net income reached $165 million, or $1.64 per diluted share.
- Net sales amounted to $3.1 billion.
- EBITDA was $401 million for the quarter.
- A cash dividend of 40 cents per share and a special dividend of $2.60 per share were announced.
Headline financials
Revenue & EPS history
CVR Energy · Revenue · Quarterly
$3.14B
Revenue by segment
CVR Energy · $3.11B total across 2 segments · Q2 2022
- Petroleum Segment$2.87B+74.0%92.2%
- Nitrogen Fertilizer Segment$244M+76.8%7.8%
Forward guidance
The table below summarizes our outlook for certain operational statistics and financial information for the third quarter of 2022.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
-0.4%
Avg return
Earnings day
-0.8%
Avg return
5 days after
+1.4%
Avg return
30 days after
45%
29 / 65 earnings
Positive
+18.9%
Q1 2022
Best reaction
-24.0%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.2% | +3.3% | -2.7% | |
| Q4 2025 | -3.2% | -2.9% | +51.3% | |
| Q3 2025 | -5.2% | -6.8% | -11.9% | |
| Q1 2025 | +4.1% | +8.0% | +25.6% | |
| Q4 2024 | +7.4% | +14.0% | +14.7% | |
| Q3 2024 | -24.0% | -32.8% | -18.9% | |
| Q2 2024 | +4.9% | -7.0% | -10.7% | |
| Q1 2024 | -8.5% | -11.2% | -14.7% | |
| Q4 2023 | -4.6% | -4.6% | +4.7% | |
| Q3 2023 | +5.6% | +5.3% | +2.4% | |
| Q2 2023 | -1.1% | -0.5% | -10.1% | |
| Q1 2023 | -0.5% | -9.1% | -11.1% | |
| Q4 2022 | -2.1% | -1.4% | -6.2% | |
| Q3 2022 | -4.5% | -1.5% | -7.4% | |
| Q2 2022 | +3.3% | -6.0% | -2.6% | |
| Q1 2022 | +18.9% | +30.5% | +44.8% | |
| Q4 2021 | -12.6% | -13.3% | +16.8% | |
| Q3 2021 | -10.3% | -7.3% | -18.9% | |
| Q2 2021 | +2.6% | -5.7% | +1.2% | |
| Q1 2021 | +3.7% | +10.0% | +6.3% | |
| Q4 2020 | +5.9% | -3.6% | -12.1% | |
| Q3 2020 | +1.6% | -5.4% | +38.7% | |
| Q2 2020 | -7.8% | -9.2% | -15.3% | |
| Q1 2020 | -6.6% | -1.1% | +14.0% | |
| Q4 2019 | +5.6% | -0.8% | -39.5% | |
| Q3 2019 | -0.5% | +5.4% | +1.3% | |
| Q2 2019 | -0.5% | -0.7% | -25.6% | |
| Q1 2019 | +7.1% | +5.9% | +3.7% | |
| Q4 2018 | -3.0% | -3.3% | -4.7% | |
| Q3 2018 | +6.4% | +7.1% | -4.6% | |
| Q2 2018 | +4.3% | +3.6% | +2.1% | |
| Q1 2018 | -2.6% | -1.2% | +22.7% | |
| Q4 2017 | -3.1% | -5.1% | -4.7% | |
| Q3 2017 | +10.9% | +14.6% | +17.9% | |
| Q2 2017 | -11.1% | -11.7% | -7.6% | |
| Q1 2017 | +11.2% | +14.6% | +5.3% | |
| Q4 2016 | +10.3% | +10.6% | -6.4% | |
| Q3 2016 | -11.1% | -10.3% | +17.9% | |
| Q2 2016 | +5.0% | -2.3% | -1.8% | |
| Q1 2016 | -6.6% | — | — | |
| Q4 2015 | -11.8% | — | — | |
| Q3 2015 | +4.7% | — | — | |
| Q2 2015 | +1.2% | — | — | |
| Q1 2015 | +1.3% | — | — | |
| Q4 2014 | -3.9% | — | — | |
| Q3 2014 | +2.9% | — | — | |
| Q2 2014 | -0.9% | — | — | |
| Q1 2014 | -1.5% | — | — | |
| Q4 2013 | +7.3% | — | — | |
| Q3 2013 | -5.6% | — | — | |
| Q2 2013 | -2.6% | — | — | |
| Q1 2013 | +8.0% | — | — | |
| Q4 2012 | -6.9% | — | — | |
| Q3 2012 | +7.1% | — | — | |
| Q2 2012 | -4.4% | — | — | |
| Q1 2011 | +1.1% | — | — | |
| Q1 2012 | -0.9% | — | — | |
| Q4 2011 | +0.2% | — | — | |
| Q1 2010 | +0.2% | — | — | |
| Q4 2009 | +0.2% | — | — | |
| Q3 2010 | -2.8% | — | — | |
| Q3 2011 | -2.8% | — | — | |
| Q2 2011 | -2.3% | — | — | |
| Q4 2010 | -2.3% | — | — | |
| Q2 2010 | -2.3% | — | — |
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