Insights / i-Dots note

CVR Energy acquires Marathon’s two midwest refineries - any signal to markets?

By Rajesh Chopra, Chief Refinery & Petchem Analyst Visit author profile

Members

Refined products
Neutral

CVR Energy will acquire Marathon’s St. Paul Park and Mandan refineries, alongside marketing and midstream assets, for $4.2bn plus net working capital. Closing is expected by end-2026, subject to regulatory approvals. The acquisition adds 177 kbd (St. Paul Park 105 kbd and Mandan…

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