CVR Energy (CVI) Reports Q2 Loss of $0.05/sh
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CVR Energy Reports Second Quarter 2020 Results
August 3, 2020 5:06 PM EDTSUGAR 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 $41Â 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
