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CVR Energy Expects Q4 2025 Total Throughput Between 200,000 And 215,000 Bpd With Crude Utilization Ranging From 92% To 97% And Direct Operating Expenses Between $105M And $115M

Benzinga·10/29/2025 20:27:22
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Q4 2025 Outlook

The table below summarizes our outlook for certain operational statistics and financial information for the fourth quarter of 2025. See "Forward-Looking Statements" above.

  Q4 2025
  Low   High
Petroleum      
Total throughput (bpd)   200,000       215,000  
Crude utilization (1)   92 %     97 %
Direct operating expenses (in millions) (2) $ 105     $ 115  
       
Renewables      
Total throughput (in millions of gallons)   10       15  
Renewable utilization (4)   45 %     65 %
Direct operating expenses (in millions) (2) $ 8     $ 10  
       
Nitrogen Fertilizer      
Ammonia utilization rate   80 %     85 %
Direct operating expenses (in millions) (2) $ 58     $ 63  
       
Capital Expenditures (in millions) (3)      
Petroleum $ 20     $ 25  
Renewables   1       3  
Nitrogen Fertilizer   30       35  
Other   2       4  
Total capital expenditures $ 53     $ 67