• CVR Energy outlined a strategy centered on safe, reliable operations, margin-capture improvements in refining, disciplined capital allocation, and selective growth in asset footprint.
• Petroleum segment positioned around two Mid-Continent refineries totaling 206,500 bpd nameplate capacity; average utilization 92% over trailing 12 months ended March 31, 2026.
• Company flagged improving Group 3 2-1-1 crack spreads in 2026, citing an April average of $39.80 per barrel versus $21.58 per barrel in 1Q 2026; it also noted higher 2026 RINs prices as a headwind.
• Petroleum segment projected 2026 capex of $130 million-$145 million, including $80 million-$90 million of maintenance spending; no planned petroleum turnarounds in 2026, with $15 million-$20 million of turnaround pre-spend tied to 2027-2028 events.
• Nitrogen fertilizer business highlighted two plants with feedstock split between pet coke and natural gas; 2026 capex budget set at $60 million-$75 million with turnaround expense of $30 million-$35 million, including an East Dubuque turnaround scheduled for 3Q 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CVR Energy Inc. published the original content used to generate this news brief on May 12, 2026, and is solely responsible for the information contained therein.