CVR Energy, the oil refinery and nitrogen fertilizer plant in Coffeyville announced it is looking at “potential strategic alternatives” including a potential sale of the company. According to a press release, CVR Energy intends to “evaluate alternatives in combination with its ongoing focus on accomplishing its strategic objectives, prudently managing costs and operating its businesses safely and reliably”.

While the company has not sold, one of its subsidiaries was sold to Plains All American Pipeline, their 1.5-million barrell crude oil terminal in Cushing, OK for $36 million. CVR Energy notes it will not discuss or disclose further developments unless a specific transaction or event requires them to do so.