XML 88 R37.htm IDEA: XBRL DOCUMENT v3.25.3
Related Party Transactions (Tables)
9 Months Ended
Sep. 30, 2025
Related Party Transactions [Abstract]  
Schedule of Expenses from Related Parties
Activity associated with the Company’s related party arrangements for the three and nine months ended September 30, 2025 and 2024 is summarized below:
Three Months Ended
September 30,
Nine Months Ended
September 30,
(in millions)2025202420252024
Sales to related parties:
CVRP JV CO Contract (1)
$1 $$2 $
Purchases from related parties:
Enable Joint Venture Transportation Agreement3 10 
Midway Joint Venture Agreement (2)
  20 
Payments:
Dividends (3)
 33  100 
(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.
(2)Purchases from related parties, included in Cost of materials and other in our Condensed Consolidated Statements of Operations, represent reimbursements for crude oil transportation services incurred on the crude oil pipeline connecting the refinery in Coffeyville, Kansas and the Cushing, Oklahoma oil hub (the “Midway Pipeline”) through Gunvor as the intermediary purchasing agent. On December 23, 2024, the Company sold the 50% limited liability company interest it owned in the Midway Pipeline.
(3)See below for a summary of the dividends paid to IEP during the nine months ended September 30, 2025 and year ended December 31, 2024.
Schedule of Dividends Paid The following
table presents quarterly dividends paid to the Company’s stockholders, including IEP, during 2024 (amounts presented in the table below may not add to totals presented due to rounding):
Quarterly Dividends Paid (in millions)
Related PeriodDate PaidQuarterly Dividends
Per Share
Public StockholdersIEPTotal
2023 - 4th Quarter
March 11, 2024$0.50 $17 $33 $50 
2024 - 1st Quarter
May 20, 20240.50 17 33 50 
2024 - 2nd Quarter
August 19, 20240.50 17 33 50 
Total 2024 quarterly dividends
$1.50 $51 $100 $151 
Schedule of Distributions Paid The following tables present quarterly distributions paid by CVR Partners to CVR Partners’ unitholders, including amounts received by the Company and IEP, during 2025 and 2024 (amounts presented in the tables below may not add to totals presented due to rounding):
Quarterly Distributions
 Per Common Unit
Quarterly Distributions Paid (in millions)
Related PeriodDate PaidPublic
Unitholders
IEPCVR EnergyTotal
2024 - 4th Quarter
March 10, 2025$1.75 $11 $— $$18 
2025 - 1st QuarterMay 19, 20252.26 14 24 
2025 - 2nd Quarter
August 18, 20253.89 25 15 41 
Total 2025 quarterly distributions
$7.90 $51 $$31 $83 
2023 - 4th Quarter
March 11, 2024$1.68 $11 $— $$18 
2024 - 1st Quarter
May 20, 20241.92 13 — 20 
2024 - 2nd Quarter
August 19, 20241.90 13 — 20 
2024 - 3rd Quarter
November 18, 20241.19 — 13 
Total 2024 quarterly distributions
$6.69 $44 $— $26 $71