CVR Energy posts $114 million Q2 net loss and announces CEO succession plan
CVR Energy reported a second quarter 2025 net loss attributable to stockholders of $114 million, or $1.14 per diluted share, compared with net income of $21 million, or 21 cents per share, a year earlier. Net sales fell to $1,761 million from $1,967 million. The company also said CEO Dave Lamp will retire effective December 31, 2025, and Mark Pytosh is expected to succeed him on January 1, 2026.
Key points
- Net loss attributable to CVR Energy stockholders of $114 million ($1.14 per diluted share) versus net income of $21 million (21 cents) in Q2 2024
- Adjusted loss of 23 cents per diluted share, compared with adjusted earnings of 9 cents a year earlier
- Petroleum Segment net loss of $137 million, including an $89 million unfavorable mark-to-market impact on its Renewable Fuel Standard obligation
- Mark Pytosh expected to become President and CEO on January 1, 2026; Brett Icahn appointed to the Board effective August 1, 2025
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.