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03.11.26 - 13:03
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CVR Energy Reports Third Quarter 2026 Results (Business Wire)
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Separately announced today a definitive agreement to acquire Marathon Petroleum Corporation's St. Paul Park and Mandan refineries and related marketing business
Third quarter 2026 net income attributable to CVR Energy stockholders of $570 million; Adjusted EBITDA of $582 million
$253 million liability removed from balance sheet due to the EPA's August 2026 decision granting a full waiver for Wynnewood Refining Company, LLC (“WRC”) for the 2025 compliance period
Declared cash dividend of 10 cents for the third quarter 2026
CVR Partners, LP (“CVR Partners”) announced a third quarter 2026 cash distribution of $1.79 per common unit
SUGAR LAND, Texas--(BUSINESS WIRE)--CVR Energy, Inc. (“CVR Energy” or the “Company”) (NYSE: CVI) today announced its third quarter 2026 results including a net income attributable to CVR Energy stockholders of $570 million, or $5.67 per diluted share, and an adjusted earnings per diluted share of $4.00, compared to net income attributable to CVR Energy stockholder...
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03.11.26 - 12:48
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Marathon Petroleum Corp. Reports Third-Quarter 2026 Results (PR Newswire)
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FINDLAY, Ohio, Nov. 3, 2026 /PRNewswire/ -- Third-quarter net income attributable to MPC of $7.4 billion, or $26.59 per diluted share, adjusted net income of $7.5 billion, or $26.93 per diluted share $11.7 billion of adjusted EBITDA, demonstrating the earnings power of MPC's value chains......
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03.11.26 - 12:33
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CVR Energy Announces Transformative Transaction to Acquire 2 Refineries and Marketing Platform From Marathon Petroleum (Business Wire)
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Transformative increase to its asset portfolio, nearly doubling refining capacity
Expands and diversifies its footprint with high-quality refineries in new distribution areas
Synergistic marketing business is anticipated to provide margin uplift across integrated platform
Improved positioning for potential future acquisitions and margin improvement opportunities
SUGAR LAND, Texas--(BUSINESS WIRE)--CVR Energy, Inc. (NYSE: CVI) (“CVR Energy”) today announced that it has entered into a definitive agreement with subsidiaries of Marathon Petroleum Corporation (NYSE: MPC) (“Marathon”) under which CVR Energy would acquire (the “Acquisition”) Marathon's St. Paul Park, Minnesota and Mandan, North Dakota refineries, along with Marathon's related marketing business (collectively, the “Acquired Business”), for a total purchase price of approximately $4.2 billion, plus net working capital.
The Acquired Business generated approximately $1.2 billion of EBITDA reflecting current favorable market conditi...
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28.10.26 - 23:33
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Marathon Petroleum Corp. Increases Quarterly Dividend (PR Newswire)
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FINDLAY, Ohio, Oct. 28, 2026 /PRNewswire/ -- The board of directors of Marathon Petroleum Corp. (NYSE: MPC) has declared a dividend of $1.10 per share on common stock, an increase of 10% over its previous dividend of $1.00 per share. The dividend is payable Dec. 10, 2026, to shareholders......
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