CVI Stock - CVR Energy Inc.

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CVR Energy, Inc., and its subsidiaries, are prominent players in the U.S. petroleum refining and nitrogen fertilizer manufacturing sectors. The company operates through two core segments: Petroleum and Nitrogen Fertilizer. In the Petroleum segment, CVR Energy refines and markets a range of products including gasoline, diesel fuel, and other refined products. Key assets include a coking medium-sour crude oil refinery in southeast Kansas and another crude oil refinery in Wynnewood, Oklahoma, bolstered by robust logistics infrastructure. This segment caters primarily to retailers, railroads, farm co-operatives, and other refiners and marketers.

The Nitrogen Fertilizer segment focuses on manufacturing nitrogen fertilizer products through innovative processes. It operates a nitrogen fertilizer plant in North America that utilizes pet coke gasification to produce nitrogen fertilizer products. Additionally, the segment runs a facility in East Dubuque, Illinois, producing ammonia and urea ammonium nitrate (UAN) products. These products are marketed predominantly to agricultural customers for enhancing crop yields and to industrial clients for various applications.

Founded in 1906 and headquartered in Sugar Land, Texas, CVR Energy, Inc. continues to play a pivotal role in the energy and agriculture sectors. As a subsidiary of Icahn Enterprises L.P., the company leverages a robust portfolio of assets and a strategic market position to drive operational excellence and deliver value to its stakeholders. With a commitment to innovation and sustainability, CVR Energy remains steadfast in its mission to meet the evolving needs of its customers while maintaining a focus on growth and profitability in dynamic market conditions.

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