v3.26.3
Related Party Transactions
 9 Months Ended
Sep. 30, 2026
Related Party Transactions [Abstract]  
Related Party Transactions
(15) Related Party Transactions
Activity associated with the Company’s related party arrangements for the three and nine months ended September 30, 2026 and 2025 is summarized below:
Three Months Ended
September 30,		Nine Months Ended
September 30,
(in millions)2026202520262025
Sales to related parties:
CVRP JV CO Contract (1)
$1 $1 $2 $2 
Purchases from related parties:
Enable Joint Venture Transportation Agreement3 3 9 10 
(1)Sales to related parties, included in Net sales in our Condensed Consolidated Statements of Operations, consists of carbon oxide sales to a CVRP JV subsidiary.
Dividends to CVR Energy Stockholders
Dividends, if any—including the amount and timing—are determined at the discretion of the board of directors of the Company (the “Board”). IEP, through its ownership of the Company’s common stock, is entitled to receive dividends that are declared and paid by the Company based on the number of shares held at each applicable record date. The following table presents quarterly dividends paid to the Company’s stockholders, including IEP, during 2026 and 2025 (amounts presented in the table below may not add to totals presented due to rounding):
Three Months Ended
September 30,		Nine Months Ended
September 30,
(in millions, except per share data)2026202520262025
Public stockholders$3 $— $6 $— 
IEP7 — 14 — 
Total dividends paid$10 $— $20 $— 
Dividends per share$0.10 $— $0.20 $— 
For the third quarter of 2026, the Company, upon approval by the Board on November 3, 2026, declared a cash dividend of $0.10 per share, or $10 million, which is payable November 23, 2026 to shareholders of record as of November 16, 2026. Of this amount, IEP will receive $7 million due to its ownership interest in the Company’s shares.
Distributions to CVR Partners’ Unitholders
Distributions, if any—including the payment, amount and timing thereof—and the board of directors of CVR Partners’ general partner’s (the “UAN GP Board”) distribution policy are subject to change at the discretion of the UAN GP Board. This includes the definition of available cash and any related reserves, which may be adjusted based on the UAN GP Board’s judgment and prevailing business concerns. The following table presents quarterly distributions paid by CVR Partners to CVR Partners’ unitholders, including amounts received by the Company and IEP, during 2026 and 2025 (amounts presented in the table below may not add to totals presented due to rounding):
Three Months Ended
September 30,		Nine Months Ended
September 30,
(in millions, except per unit data)2026202520262025
Public unitholders$39 $25 $67 $51 
IEP2 1 3 2 
CVR Energy24 15 40 31 
Total distributions paid$64 $41 $110 $83 
Distributions per common unit (1)
$6.08 $3.89 $10.45 $7.90 
(1)Amount represents the cumulative distributions, calculated quarterly, paid in the respective period.
For the third quarter of 2026, CVR Partners, upon approval by the UAN GP Board on November 3, 2026, declared a distribution of $1.79 per common unit, or approximately $19 million, which is payable November 23, 2026 to unitholders of record as of November 16, 2026. Of this amount, CVR Energy and IEP will receive approximately $7 million and less than $1 million, respectively, with the remaining amount payable to public unitholders.