CVR Energy (NYSE:CVI) Shares Gap Down – Here’s What Happened

10 Apr 2026, 09:50 by Scott Moore · The Cerbat Gem

CVR Energy Inc. (NYSE:CVI – Get Free Report)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $33.03, but opened at $30.31. CVR Energy shares last traded at $31.4010, with a volume of 191,232 shares traded.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Weiss Ratings cut shares of CVR Energy from a “hold (c)” rating to a “sell (d)” rating in a research report on Friday, February 20th. Scotiabank upgraded CVR Energy to a “strong sell” rating in a research note on Friday, March 27th. Mizuho raised their price objective on shares of CVR Energy from $28.00 to $32.00 and gave the stock an “underperform” rating in a report on Tuesday, March 17th. Raymond James Financial raised CVR Energy from an “underperform” rating to a “market perform” rating in a report on Wednesday, March 25th. Finally, The Goldman Sachs Group raised their target price on CVR Energy from $22.00 to $25.00 and gave the company a “sell” rating in a research report on Thursday, March 12th. Two investment analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Strong Sell” and an average price target of $30.00.

View Our Latest Stock Report on CVI

CVR Energy Stock Down 1.8%

The company has a debt-to-equity ratio of 1.95, a quick ratio of 1.13 and a current ratio of 1.79. The business’s 50 day simple moving average is $27.34 and its 200-day simple moving average is $30.23. The company has a market cap of $3.01 billion, a price-to-earnings ratio of 115.72 and a beta of 0.94.

CVR Energy (NYSE:CVI – Get Free Report) last announced its quarterly earnings results on Wednesday, February 18th. The oil and gas company reported ($0.80) EPS for the quarter, beating the consensus estimate of ($0.84) by $0.04. The business had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.70 billion. CVR Energy had a negative return on equity of 14.31% and a net margin of 0.38%.The firm’s quarterly revenue was down 7.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.13) EPS. Sell-side analysts expect that CVR Energy Inc. will post -0.12 earnings per share for the current year.

Insider Buying and Selling

In other CVR Energy news, major shareholder Carl C. Icahn purchased 275,012 shares of the stock in a transaction dated Tuesday, February 24th. The shares were bought at an average cost of $21.41 per share, with a total value of $5,888,006.92. Following the completion of the transaction, the insider owned 71,201,875 shares in the company, valued at $1,524,432,143.75. This trade represents a 0.39% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last quarter, insiders have acquired 783,404 shares of company stock valued at $16,445,044. Company insiders own 0.01% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in CVI. BNP Paribas Financial Markets increased its position in shares of CVR Energy by 21,261.8% during the third quarter. BNP Paribas Financial Markets now owns 776,073 shares of the oil and gas company’s stock valued at $28,311,000 after purchasing an additional 772,440 shares during the period. Tudor Investment Corp ET AL bought a new stake in CVR Energy in the third quarter valued at about $22,217,000. Squarepoint Ops LLC acquired a new position in CVR Energy in the fourth quarter worth about $9,616,000. Bank of America Corp DE lifted its stake in CVR Energy by 101.2% during the third quarter. Bank of America Corp DE now owns 706,504 shares of the oil and gas company’s stock worth $25,773,000 after purchasing an additional 355,412 shares during the period. Finally, Jacobs Levy Equity Management Inc. lifted its stake in CVR Energy by 33.9% during the third quarter. Jacobs Levy Equity Management Inc. now owns 1,364,250 shares of the oil and gas company’s stock worth $49,768,000 after purchasing an additional 345,758 shares during the period. 98.88% of the stock is owned by institutional investors.

CVR Energy Company Profile

(Get Free Report)

CVR Energy, Inc is an independent downstream energy company engaged primarily in petroleum refining and nitrogen fertilizer production in the United States. Headquartered in Sugar Land, Texas, CVR Energy operates through two reportable segments—Petroleum Products and Nitrogen Fertilizers—leveraging its refining expertise and distribution network to serve both wholesale and retail markets across key regions in the U.S.