https://www.live-feeds.com/feed/cvr-energy-nears-4-billion-refinery-deal-with-marathonContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/cvr-energy-nears-4-billion-refinery-deal-with-marathonhttps://www.live-feeds.com/feed/cvr-energy-nears-4-billion-refinery-deal-with-marathon#u180044Fri, 06 Nov 2026 05:17:16 +0000CVR Energy is acquiring two refineries and a marketing platform from Marathon Petroleum in a transaction valued at $4.2 billion. The deal, involving the company controlled by Carl Icahn, includes the St. Paul Park refinery. This acquisition occurs during a period of record refining margins and global fuel supply disruptions. While CVR Energy describes the transaction as transformative, Marathon Petroleum shares fell 9.66% following reports of asset sales and weak guidance.Why it mattersThe deal expands the footprint of Carl Icahn's energy holdings in the refining sector. It marks a strate