CVR Energy Inc. (CVI) experienced a significant after-hours plunge of 7.38% on Wednesday, following the release of its fourth-quarter and full-year 2025 financial results.
The sharp decline came after the company reported a net loss of USD 116 million for the fourth quarter, with a net loss attributable to stockholders of USD 110 million. While quarterly sales of USD 1,810 million surpassed analyst estimates of USD 1,696 million, the substantial losses across multiple business segments, including petroleum and renewables, weighed heavily on investor sentiment.
The results included significant accelerated depreciation charges related to reconfiguring operations at the Wynnewood Refinery, and the nitrogen fertilizer segment was impacted by planned maintenance and subsequent operational issues. These factors contributed to the disappointing quarterly performance that triggered the after-hours sell-off.