CVR Energy (CVI) Reports Q2 Loss of $0.05/sh

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/26/2026

1. ORCL
2. SPY
3. LLY
4. META
5. ACCV
6. MSFT
7. SPCX
8. AZN
9. FLG
10. FICO

Go back to CVR Energy (CVI) Reports Q2 Loss of $0.05/sh

CVR Energy Reports Second Quarter 2020 Results

August 3, 2020 5:06 PM EDT

SUGAR LAND, Texas, Aug. 03, 2020 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (CVR Energy) (NYSE: CVI) today announced a net loss of $5 million, or 5 cents per diluted share, inclusive of a $41 million pre-tax charge related to a goodwill impairment recognized within its Nitrogen Fertilizer Segment, on net sales of $675 million for the second quarter of 2020, compared to net income of $116 million, or $1.16 per diluted share, on net sales of $1.7 billion for the second quarter of 2019. Second quarter 2020 EBITDA was $68 million, compared to second quarter 2019 EBITDA of $273 million.

CVR Energys second quarter... More