Citigroup Boosts Stake in CVR Energy

Institutional investor increases ownership in oil and gas company by 95.6% in Q3

Published on Feb. 28, 2026

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Citigroup Inc. increased its stake in CVR Energy Inc. (NYSE:CVI) by 95.6% in the 3rd quarter, according to a recent 13F filing with the Securities & Exchange Commission. The institutional investor now owns 391,985 shares of the oil and gas company's stock, worth approximately $14.3 million.

Why it matters

This move by Citigroup suggests the investment firm sees potential upside in CVR Energy's stock. As one of the largest institutional investors in the company, Citigroup's increased stake could signal confidence in CVR Energy's future performance and growth prospects within the oil and gas industry.

The details

According to the 13F filing, Citigroup acquired an additional 191,584 shares of CVR Energy in the third quarter, bringing its total ownership to 391,985 shares. This represents a 95.6% increase in Citigroup's stake in the company. CVR Energy is an independent downstream energy company focused on petroleum refining and nitrogen fertilizer production.

  • Citigroup increased its stake in CVR Energy during the 3rd quarter of 2026.

The players

Citigroup Inc.

A multinational investment bank and financial services corporation.

CVR Energy Inc.

An independent downstream energy company engaged in petroleum refining and nitrogen fertilizer production.

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The takeaway

Citigroup's increased stake in CVR Energy suggests the investment firm sees strong potential in the oil and gas company's future performance. This move could signal broader investor confidence in the energy sector and CVR Energy's ability to navigate industry challenges.