ab 26 June 2026 Global Research CVR Energy Inc Adjusting Estimates for 2Q26 Adjusting 2Q 26 estimates We adjust our 2Q 26 EPS estimate to $0.40 vs. our prior estimate of $0.31 and Street of $0.67. While cracks are higher, the headwinds will be 1) Backwardation; 2) higher RINs and 3) hedge loss. We are adjusting our 2Q 26 EBITDA estimate to a $191M vs. Street of $276M. For 2Q 26, we are modeling capex of $65M. We estimate in 2Q 26 the refining segment generates an EBITDA of $97M vs. -$50M in 1Q 26. We are mo ...