CVR Energy, Inc. is a diversified holding company primarily engaged in the petroleum refining and nitrogen fertilizer manufacturing industries. Founded in 1906 and headquartered in Sugar Land, Texas, the company operates through its two main subsidiaries: CVR Refining, LP and CVR Partners, LP. CVR Energy's refining segment processes crude oil into high-value transportation fuels such as gasoline, diesel, and jet fuel, while its nitrogen fertilizer segment produces ammonia and urea ammonium nitrate (UAN) products for agricultural markets.
With a workforce of over 1,400 employees, CVR Energy has established itself as a significant player in the U.S. energy sector, particularly in the Midcontinent region. The company is majority-owned by entities affiliated with Icahn Enterprises L.P., led by investor Carl Icahn, which has influenced its strategic direction and operational efficiency. In recent years, CVR Energy has focused on optimizing its refining operations, exploring renewable fuel opportunities, and maintaining strong financial performance despite market volatility in the energy sector.
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