CVR Energy Inc. (CVI) 2008年年度报告「NYSE」.pdf

1、annual reportstepping up to challenges seizing opportunitiesC o r por at e pr ofileCVR Energy,Inc.(NYSE:CVI)benefits from a geographic advantage in serving the refined petroleum products and nitrogen fertilizers markets in the midcontinent of the United States.Flexible production operations located

2、in Coffeyville,Kansas,experienced management,sophisticated technologies,a commitment to safe and environmentally responsible operations and products,and an unwavering entrepreneurial spirit are what distinguish CVR Energy.The companys subsidiary and affiliated businesses include an independent petro

3、leum refiner that operates a 115,000 barrel per day refinery in Coffeyville and markets high-value transportation fuels supplied to customers through tanker trucks and pipeline terminals;a crude oil gathering system serving central Kansas,northern Oklahoma,eastern Colorado,western Missouri and south

4、west Nebraska;an asphalt and refined fuels storage terminal business in Phillipsburg,Kansas;and through a limited partnership,an ammonia and urea ammonium nitrate(UAN)fertilizer business located in Coffeyville.“At CVR Energy,we believe this:A company that is well managed and remains profitable durin

5、g periods of economic challenge will excel when better markets return.”John J.Lipinski,Chairman,President and Chief Executive Officerthe Continuous Catalytic reforming Unit(CCr)in CVr energys refinery at Coffeyville,Kansas.CVr energy|2008 ANNUAl REPORT/03 *Net income(loss)adjusted for unrealized gai

6、n or loss from Cash Flow Swap results from adjusting for the derivative transaction that was executed in connection with the acquisition of our business on June 24,2005.The derivative took the form of three NYMEX swap agreements(the“Cash Flow Swap”)whereby if crack spreads fall below the fixed level