Cvr Energy Inc. · NYSE:CVI
Cvr Energy — Presentation (June 2019)
14 slides from Cvr Energy's investor presentation, Jun 12, 2019
Slide 1: Change in NYMEX WTI over time
_____________________________ (1) The change over time in NYMEX - WTI, as reflected in the table above, is illustrated below. (in $/bbl) Average 2016 At December 31, 2016 Average 2017 At December 31, 2017 Average 2018 At December 31, 2018 WTI $ 43.32 $ 52.17 $ 50.95 $ 57.95 $ 64.77 $ 48.98
Slide 2: Exhibit 99.1
December 31, 2018 | 6 Exhibit 99.1
Slide 3: PADD II Group 3 Product Crack Spread
PADD II Group 3 Product Crack Spread (2) 2018 2017 2016
Slide 4: Nitrogen Fertilizer market drivers
_____________________________ (2) Information used in the charts was obtained from MarketView. Nitrogen Fertilizer In the nitrogen fertilizer segment, earnings and cash flows from operations are primarily affected by the relationship between nitrogen fertilizer product prices, utilization rates, ope
Slide 5: Ammonia and UAN Market Pricing
Ammonia and UAN Market Pricing(1) 2018, 2017 2016 Period Ended = Ammonia — Souther Plains dollars per ton) Ammonia — Com bet dollars per ton) VAN Com bet (dotas per ton)
Slide 6: Non-GAAP Measures
_____________________________ (1) Information used in the charts was obtained from various third party sources including MartketView and the U.S. Energy Information Administration (“EIA”), amongst others. December 31, 2018 | 8 Exhibit 99.1 Non-GAAP Measures Our management uses certain non-GAAP perfo
Slide 7: Refining margin per throughput barrel excluding inventory valuation impacts
excluding Inventory Valuation Impacts (1) aos 2017 2016 S per total throughput barrel
Slide 8: Petroleum Operating Income
Petroleum Operating Income aos 2017 2016 (in millions)
Slide 9: Petroleum Net Income
Petroleum Net Income aos 2017 si27 2016 |) sis (in millions)
Slide 10: Petroleum Operating Results
_____________________________ (1) See “Non-GAAP Reconciliations” section below for reconciliations of the non-GAAP measures shown above. December 31, 2018 | 14 Exhibit 99.1 Petroleum Operating Results Year Ended December 31, (in millions) 2018 2017 2016 Net sales $ 6,780 $ 5,664 $ 4,431 Cost of mate
Slide 11: Consolidated Ammonia Utilization
Consolidated Ammonia Utilization 100% 90% Two Years Two Years Ending 2018 Ending 2017
Slide 12: Sales and Pricing per Ton
December 31, 2018 | 16 Exhibit 99.1 Sales and Pricing per Ton - Two of the Nitrogen Fertilizer Segment’s key operating metrics are total sales for ammonia and UAN along with the product pricing per ton realized at the gate. Product pricing at gate represents net sales less freight revenue divided by
Slide 13: Sales (thousand tons)
Sales (thousand tons) 1,500 286 300 1,000 500 2018 2017-2016 HE Ammonia MP AN
Slide 14: Production Volumes and Feedstock
Production Volumes - Gross tons produced for ammonia represent the total ammonia produced, including ammonia produced that was upgraded into other fertilizer products. Net tons available for sale represent the ammonia available for sale that was not upgraded into other fertilizer products. Year Ende