CVR Energy to acquire two US refineries from Marathon for $4.2bn
Published . Updated .
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CVR Energy to acquire two US refineries and associated marketing assets from Marathon Petroleum for about $4.2bn plus net working capital.
Directly affected
Indirectly affected
- CRAK VanEck Oil Refiners ETF
VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refineries” (refining) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: it holds refiners, whose margins move with fuel prices. Linked by “refineries” (refining) in this story.
- USO United States Oil Fund+6.3% 30d
United States Oil Fund: its price follows crude oil. Linked by “petroleum” (oil) in this story.
- VLO Valero Energy+3.1% 30d
Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refineries” (refining) in this story.
- PSX Phillips 66+7.9% 30d
Phillips 66 (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refineries” (refining) in this story.
- XOM ExxonMobil Holdings+2.0% 16d
ExxonMobil Holdings (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refineries” (refining) in this story.
- CVX Chevron+9.6% 30d
Chevron (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refineries” (refining) in this story.
- SHEL Shell+3.5% 11d
Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “petroleum” (oil) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| CVI | +17.21% | +20.19% | base | after close | after close | after close | after close |
| MPC | +3.01% | +3.95% | base | after close | after close | after close | after close |
| CRAK | +2.29% | +2.54% | base | after close | after close | after close | after close |
| XLE | +2.64% | +4.95% | base | after close | after close | after close | after close |
| USO | +5.38% | +6.75% | base | after close | after close | after close | after close |
| VLO | +0.27% | +3.25% | base | after close | after close | after close | after close |
| PSX | +0.52% | +3.89% | base | after close | after close | after close | after close |
| XOM | +2.57% | +5.49% | base | after close | after close | after close | after close |
| CVX | +1.76% | +4.58% | base | after close | after close | after close | after close |
| SHEL | +0.85% | +4.31% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
CVR Energy to acquire two US refineries from Marathon for $4.2bn Offshore Technology
Source: Offshore Technology
How far Vaneck Etf Trust (CRAK) has moved since 4 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Vaneck Etf Trust (CRAK) | three days earlier | +2.54% | final price |
| Vaneck Etf Trust (CRAK) | five days earlier | +2.29% | final price |
| Cvr Energy (CVI) | three days earlier | +20.19% | final price |
| Cvr Energy (CVI) | five days earlier | +17.21% | final price |
| CVX | three days earlier | +4.58% | final price |
| CVX | five days earlier | +1.76% | final price |
| Marathon Petroleum (MPC) | three days earlier | +3.95% | final price |
| Marathon Petroleum (MPC) | five days earlier | +3.01% | final price |
| Phillips 66 (PSX) | three days earlier | +3.89% | final price |
| Phillips 66 (PSX) | five days earlier | +0.52% | final price |
| SHEL | three days earlier | +4.31% | final price |
| SHEL | five days earlier | +0.85% | final price |
| USO | three days earlier | +6.75% | final price |
| USO | five days earlier | +5.38% | final price |
| Valero Energy (VLO) | three days earlier | +3.25% | final price |
| Valero Energy (VLO) | five days earlier | +0.27% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | +4.95% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +2.64% | final price |
| XOM | three days earlier | +5.49% | final price |
| XOM | five days earlier | +2.57% | final price |
Congressional trades in the stocks in this story
- Rep. David J. Taylor sold Marathon Petroleum (MPC), worth $1,001 - $15,000 on 15 Oct 2026. That is 20 days before publication. Filed 29 Oct 2026. View the filing.
- Rep. David J. Taylor sold Marathon Petroleum (MPC), worth $1,001 - $15,000 on 22 Sep 2026. That is 43 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 21 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 65 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 21 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 42 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 63 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Vaneck Etf Trust (CRAK)
Companies carried with this story
- CRAK Vaneck Etf Trust
Vaneck Etf Trust (CRAK) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “CVR Energy to acquire two US refineries from Marathon for $4.2bn.” Reason on file: VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refineries” (refining) in this story
- XLE Select Sector Spdr Tr
In “CVR Energy to acquire two US refineries from Marathon for $4.2bn,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: it holds refiners, whose margins move with fuel prices. Linked by “refineries” (refining) in this story
- MPC Marathon Petroleum
For “CVR Energy to acquire two US refineries from Marathon for $4.2bn,” Marathon Petroleum (MPC) is linked, with no stored direction, medium confidence. Reason on file: Marathon Petroleum (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refineries” (refining) in this story
- VLO Valero Energy
Valero Energy (VLO) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “CVR Energy to acquire two US refineries from Marathon for $4.2bn.” Reason on file: Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refineries” (refining) in this story
- PSX Phillips 66
In “CVR Energy to acquire two US refineries from Marathon for $4.2bn,” Phillips 66 (PSX) is linked, with no stored direction, medium confidence. Reason on file: Phillips 66 (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refineries” (refining) in this story
- CVI Cvr Energy
Cvr Energy (CVI) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “CVR Energy to acquire two US refineries from Marathon for $4.2bn.” Reason on file: CVR Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refineries” (refining) in this story
Vaneck Etf Trust (CRAK)
“CVR Energy to acquire two US refineries from Marathon for $4.2bn” (4 Nov 2026) reaches Vaneck Etf Trust (CRAK) through this story.
Vaneck Etf Trust (CRAK) is on the page because VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refineries” (refining) in this story
Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: it holds refiners, whose margins move with fuel prices. Linked by “refineries” (refining) in this story
Dates and price levels for Vaneck Etf Trust (CRAK)
MPC traded between 380.66 and 447.00 across 11 sessions. The latest close on file is 427.55. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.
How strong the case is around Vaneck Etf Trust (CRAK)
46 out of 100
“CVR Energy to acquire two US refineries from Marathon for $4.2bn” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.