CVR能源 2024年度报告

DEAR STOCKHOLDERS A MESSAGE FROM DAVE LAMP As a maker of affordable transportation fuels and low-carbon nitrogen fertilizer products, we areproud to make modern life possible through the products we manufacture. In 2024, CVR Energyremained committed to its core Values of Safety, Environment, Integrity, Corporate Citizenshipand Continuous Improvement. We were pleased to return cash to shareholders in 2024 and reportedfull-year net income attributable to CVR Energy stockholders of $7 million and EBITDA of $394million with cumulative cash dividends attributable to 2024 of $1 per share. During the year, we achieved crude utilization of 87 percent and commenced startup of the pre-treatment unit at the Wynnewood refinery. We also monetized our 50 percent interest in theMidway Pipeline at a favorable multiple and increased our ability to export products out of theMid-Continent oil region. Our Nitrogen Fertilizer Segment achieved an ammonia utilization rateof 96 percent for the year and posted margins above mid-cycle ranges with declared cumulativecash distributions of $6.76 per common unit for 2024. In addition, our 2023 ESG report, which further highlights our environmental, social andgovernance performance, is now available on our website atwww.CVREnergy.com. I would like to thank our employees as significant stakeholders in the Company for their efforts in2024. Looking ahead, we will remain focused on our Mission of being a top-tier North Americanrenewable fuels, petroleum refining and nitrogen-based fertilizer Company as measured by safeand reliable operations, superior financial performance and profitable growth. On behalf of our Board of Directors and employees, thank you for your continued support of andinvestment in our Company. Sincerely, Dave LampPresident and Chief Executive OfficerApril 2025 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549_____________________________________________________________ Form10-K 2277 Plaza Drive, Suite 500, Sugar Land, Texas 77479(Address of principal executive offices) (Zip Code)281-207-3200(Registrant’s Telephone Number, including Area Code)____________________________________________________________ Securities registered pursuant to Section12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule405 of the Securities Act.Yes☑No☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or Section15(d) of the Act.Yes☐No☑ Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12months (or for such shorterperiod that the registrant was required to file such reports), and (2)has been subject to such filing requirements for the past 90days.Yes☑No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of RegulationS-T (§232.405 of this chapter) during thepreceding 12months (or for such shorter period that the registrant was required to submit such files).Yes☑No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of“large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule12b-2 of the Exchange Act. Large accelerated filer☑Accelerated filer☐Non-accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards providedpursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) ofthe Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm prepared or issued its audit report.☑ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previouslyissued financial statements. Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act).Yes☐No☑ At June30, 2024, the aggregate market value of the voting common stock held by non-affiliates of the registrant was approximately $906 million based upon the closing price of its common stock on th