CVR Energy (CVI) Declares $2.60 Special Dividend; 7.9% Yield
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CVR Energy Reports Second Quarter 2022 Results, Announces a Cash Dividend of 40 cents and a Special Dividend of $2.60
August 1, 2022 5:20 PM EDTSUGAR LAND, Texas, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Â CVR Energy, Inc. (CVR Energy or the Company) (NYSE: CVI) today announced net income of $165 million, or $1.64 per diluted share, on net sales of $3.1 billion for the second quarter of 2022, compared 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. Second quarter 2022 EBITDA was $401 million, compared to second quarter 2021 EBITDA of $102 million.
CVR Energys second quarter 2022 results were driven by higher group diesel crack spreads and higher nitrogen-based fertilizer pricing,... More
