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Derivative Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Outstanding Positions Held
The following outlines the net notional buy (sell) position of our commodity derivative instruments held as of June 30, 2025 and December 31, 2024:
(in thousands of barrels)CommodityJune 30, 2025December 31, 2024
ForwardsCrude276 (11)
Swaps
NYMEX Diesel Cracks (1)
(975)(63)
FuturesULSD(60)(80)
FuturesSoybean(41)79 
(1)As of June 30, 2025, the Company held offsetting NYMEX Diesel Crack commodity buy and sell positions of approximately 2.6 million barrels.
Schedule of Derivative Offsetting Assets
The following outlines the balances of our commodity derivative instruments after the effects of contract netting and allocation of collateral and their classifications on our Condensed Consolidated Balance Sheets. Refer to Note 10 (“Fair Value Measurements”) for the gross amounts of the commodity derivative instruments (before the effects of contract netting and allocation of collateral):
June 30, 2025December 31, 2024
(in millions)AssetsLiabilitiesAssetsLiabilities
Other current assets
$5 $— $4 $— 
Schedule of Derivative Offsetting Liabilities
The following outlines the balances of our commodity derivative instruments after the effects of contract netting and allocation of collateral and their classifications on our Condensed Consolidated Balance Sheets. Refer to Note 10 (“Fair Value Measurements”) for the gross amounts of the commodity derivative instruments (before the effects of contract netting and allocation of collateral):
June 30, 2025December 31, 2024
(in millions)AssetsLiabilitiesAssetsLiabilities
Other current assets
$5 $— $4 $— 
Schedule of Net (Losses) Gains on Derivatives
The following table represents CVR Energy’s incurred realized and unrealized net gains from derivative activities, recorded in Cost of materials and other on the Condensed Consolidated Statements of Operations:
Three Months Ended
June 30,		Six Months Ended
June 30,
(in millions)2025202420252024
Commodity derivative instruments$4 $23 $19 $5