Oil, Gas and Consumable Fuels
Company Overview of Coffeyville Resources Refining & Marketing, LLC
Coffeyville Resources Refining & Marketing, LLC owns and operates an oil refinery in southeastern Kansas. It produces gasoline and diesel fuels, natural gas liquids, heating oil, and propane. The company’s clients include petroleum refiners, convenience store operators, railroads, and farm co-operatives. Coffeyville Resources Refining & Marketing primarily markets its products in Oklahoma, Kansas, Missouri, Nebraska, and Iowa. It also distributes gasoline and diesel fuel to regional distribution centers. The company was incorporated in 2003 and is based in Coffeyville, Kansas. Coffeyville Resources Refining & Marketing, LLC operates as a subsidiary of CVR Energy, Inc.
400 North Linden Street
Coffeyville, KS 67337
Founded in 2003
Key Executives for Coffeyville Resources Refining & Marketing, LLC
Director of Technical Services & Operations Support and Director
Executive Vice President and General Manager
Director of Major Capital Projects and Director
Director of Petroleum Marketing and Director
Environmental Director and Director
Compensation as of Fiscal Year 2014.
Coffeyville Resources Refining & Marketing, LLC Key Developments
Coffeyville Resources Refining & Marketing, LLC Reports Unaudited Earnings and Operating Results for the First Quarter Ended March 31, 2013
May 2 13
Coffeyville Resources Refining & Marketing, LLC reported unaudited earnings and operating results for the first quarter ended March 31, 2013. For the quarter, the company reported net sales of $1,492.6 million compared to $1,132.5 million reported a year ago. The company reported first quarter 2013 gross profit of $227.8 million compared to $78.2 million of gross profit for the first quarter of 2012.
First quarter 2013 crude oil throughput totaled 123,639 bpd compared to 88,403 bpd in the first quarter of 2012. Total refining production (excluding internally produced fuel) was 133,733 bpd compared to 94,836 bpd reported a year ago. Total throughput was 131,209 bpd compared to 93,770 bpd reported a year ago.
CVR Energy, Inc. Enters into an Amended and Restated ABL Credit Agreement
Dec 27 12
On December 20, 2012, Coffeyville Resources LLC, CVR Refining, LP, CVR Refining LLC, Coffeyville Resources Refining & Marketing, LLC, Coffeyville Resources Pipeline, LLC, Coffeyville Resources Crude Transportation, LLC, Coffeyville Resources Terminal, Llc, Wynnewood Energy Company, LLC, Wynnewood Refining Company, LLC and certain of their affiliates entered into the Amended and Restated ABL Credit Facility with a group of lenders and Wells Fargo Bank, National Association, as administrative agent and collateral agent. The Amended and Restated ABL Credit Facility is a senior secured asset based revolving credit facility in an aggregate principal amount of up to $400.0 million with an incremental facility, which permits an increase in borrowings of up to $200.0 million in the aggregate subject to additional lender commitments and certain other conditions. The proceeds of the loans may be used for capital expenditures and working capital and general corporate purposes of the Credit Parties and their subsidiaries. The Amended and Restated ABL Credit Facility provides for loans and letters of credit in an amount up to the aggregate availability under the facility, subject to meeting certain borrowing base conditions, with sub-limits of 10% of the total facility commitment for swingline loans and 90% of the total facility commitment for letters of credit.
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