CVR Partners

CVR Partners LP is a holding company, which engages in the nitrogen fertilizer business. Its products include ammonia and urea ammonium nitrate fertilizers. The company was founded on June 1, 2007 and is headquartered in Sugar Land, TX.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

CVR Partners excels in Q4 2022, eyes growth amid challenges

CVR Partners delivered a strong financial performance in Q4 2022 and full year 2022, driven by robust sales and earnings.
The company's focus on operational excellence, product pricing, and expansion plans underscores its growth trajectory.
While facing challenges such as market uncertainties and energy price risks, CVR Partners remains poised to capitalize on opportunities for sustained success.

CVR Partners (UAN) reports strong Q1 earnings, eyes sustainability and growth

CVR Partners (UAN) delivered robust financial results in Q1 2023, supported by record production levels and increased sales volumes. While facing market challenges and focusing on decarbonization efforts, the company remains optimistic about future fertilizer demand and growth opportunities.

CVR Partners reports resilient Q2 performance amidst pricing challenges

CVR Partners delivered a solid performance in Q2 2023 despite pricing challenges, with a focus on operational excellence and strategic positioning.
The company faces pricing pressures but remains resilient with stable financial metrics and a proactive approach to industry trends.
Opportunities for growth lie in increasing nitrogen fertilizer prices, strategic initiatives, and potential improvements in pricing dynamics.
Navigating challenges and capitalizing on opportunities will be key for CVR Partners to drive future success and shareholder value.

CVR Partners reports solid Q3 earnings amidst market opportunities

CVR Partners LP delivered a strong performance in Q3 2023, maintaining financial stability and operational efficiency.
While facing challenges in utilization and market uncertainties, the company remains well-positioned to leverage growth opportunities.
Strategic focus on addressing operational challenges and capitalizing on market optimism will be key for sustained success in the future.

CVR Partners (UAN) reports solid Q4 earnings amid market challenges

CVR Partners (UAN) delivered strong financial results and operational achievements in Q4 2023 amidst market challenges.
The company faces pricing pressures but anticipates growth opportunities in the nitrogen fertilizer market.
Strategic initiatives like facility conversion and sustained focus on sustainability position CVR Partners for future success.

CVR Partners (UAN) reports strong Q1 earnings, eyes growth opportunities

CVR Partners (UAN) delivered a solid performance in Q1 2024, with a focus on operational efficiency and financial stability.
The company faces challenges in sales volumes and market conditions but is well-positioned to leverage growth opportunities.
Management expressed satisfaction with Q1 results and optimism for Q2, emphasizing strategic initiatives and market demand.

CVR Partners maintains financial stability amidst market challenges in Q2

CVR Partners delivered solid financial performance in Q2 2024 despite pricing challenges, emphasizing operational efficiency and shareholder value.
The company faces market uncertainties and external risks but maintains a strategic focus on enhancing production capabilities and revenue stability.
Opportunities for growth lie in improving operational performance, exploring new markets, and maintaining financial discipline.
Overall, CVR Partners' Q2 performance reflects resilience, strategic planning, and a commitment to long-term sustainability and growth.

CVR Partners (UAN) posts strong Q3 results amid market opportunities

CVR Partners (UAN) delivered a strong performance in Q3 2024 with notable sales figures, increased prices, and high plant utilization rates.
The company faces challenges such as potential facility downtime and geopolitical risks but remains well-positioned to leverage market opportunities.
Strategic capital spending and focus on operational efficiency highlight CVR Partners' commitment to sustainable growth and shareholder value.
Overall, CVR Partners shows resilience amidst market dynamics, with a positive outlook for future performance and strategic expansion.

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CVR Partners, LP (UAN) CEO Mark Pytosh on Q4 2021 Results - Earnings Call Transcript

SUGAR LAND, Texas, Feb. 22, 2022 (GLOBE NEWSWIRE) -- CVR Partners, LP (“CVR Partners” or the “Partnership”) (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (“UAN”) solution fertilizer products, today announced net income of $61 million, or $5.76 per common unit, on net sales of $189 million for the fourth quarter 2021, compared to a net loss of $17 million, or $1.53 per common unit, on net sales of $90 million for the fourth quarter 2020. EBITDA was $93 million for the fourth quarter of 2021 compared to $18 million for the fourth quarter of 2020.

CVR Partners Reports Fourth Quarter and Full-Year 2021 Results and Announces a Cash Distribution of $5.24

SUGAR LAND, Texas, Feb. 08, 2022 (GLOBE NEWSWIRE) -- CVR Partners, LP (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (UAN) solution fertilizer products, plans to release its fourth quarter and full-year 2021 earnings results on Tuesday, February 22, before the open of New York Stock Exchange trading. The Partnership also will host a teleconference call on Tuesday, February 22, at 11 a.m. Eastern to discuss these results.

CVR Partners to Release Fourth Quarter and Full-year 2021 Earnings Results

SUGAR LAND, Texas, Feb. 07, 2022 (GLOBE NEWSWIRE) -- CVR Partners, LP (“CVR Partners”) (NYSE: UAN) today announced that CVR Partners and its indirect wholly owned subsidiary, CVR Nitrogen Finance Corporation (together with CVR Partners, the “Issuers”), delivered a notice of full redemption for the remaining balance of the Issuers' outstanding 9.250% Senior Secured Notes due 2023 (the “2023 Notes”) at a par redemption price, plus accrued and unpaid interest on the redeemed portion of the 2023 Notes, to be redeemed on February 22, 2022. As of February 7, 2022, there was outstanding an aggregate principal amount of $65 million of the 2023 Notes. Wilmington Trust, National Association is the trustee for the 2023 Notes and is serving as the paying agent for the full redemption.

CVR Partners Announces Notice of Full Redemption for its 9.250% Senior Secured Notes Due 2023

Supply shortages are not temporary. Demand will only get stronger.

CVR Partners: The Perfect Storm, Massive Earnings Are Imminent

After years of few distributions, CVR Partners has seized upon these booming operating conditions to lift their distributions to the highest level since 2015. These new higher distribution payments are underpinned by their surging free cash flow with only a modest portion being returned, which means that they can afford even higher distributions.

CVR Partners: Even Higher Distributions Are Coming, But I'm Not A Supporter

SUGAR LAND, Texas, Dec. 06, 2021 (GLOBE NEWSWIRE) -- CVR Partners, LP (“CVR Partners”) (NYSE: UAN) today announced that CVR Partners and its indirect wholly owned subsidiary, CVR Nitrogen Finance Corporation (together with CVR Partners, the “Issuers”), delivered a notice of partial redemption for $15 million of the Issuers' outstanding 9.250% Senior Secured Notes due 2023 (the “2023 Notes”) at a par redemption price, plus accrued and unpaid interest on the redeemed portion of the 2023 Notes, to be redeemed on December 22, 2021. As of September 30, 2021, there was outstanding an aggregate principal amount of $80 million of the 2023 Notes. Wilmington Trust, National Association is the trustee for the 2023 Notes and is serving as the paying agent for the partial redemption.

CVR Partners Announces Notice of Partial Redemption for its 9.250% Senior Secured Notes Due 2023

CVR Partners LP (UAN) CEO Mark Pytosh on Q3 2021 Results - Earnings Call Transcript

SUGAR LAND, Texas, Nov. 01, 2021 (GLOBE NEWSWIRE) -- CVR Partners, LP (“CVR Partners” or the “Partnership”) (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (“UAN”) solution fertilizer products, today announced net income of $35 million, or $3.28 per common unit, on net sales of $145 million for the third quarter 2021, compared to a net loss of $19 million, or $1.70 per common unit, on net sales of $79 million for the third quarter 2020. EBITDA was $64 million for the third quarter of 2021, compared to EBITDA of $15 million for the third quarter of 2020.

CVR Partners Reports Third Quarter 2021 Results and Announces a Cash Distribution of $2.93

SUGAR LAND, Texas, Oct. 19, 2021 (GLOBE NEWSWIRE) -- CVR Partners, LP (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (UAN) solution fertilizer products, plans to release its third quarter 2021 earnings results on Monday, November 1, after the close of trading on the New York Stock Exchange. The Partnership will host a teleconference call on Tuesday, November 2, at 11 a.m. Eastern to discuss these results.

CVR Partners to Release Third Quarter 2021 Earnings Results

CVR Partners has enjoyed higher fertilizer pricing due to supply and demand constraints from around the world. But with Corn futures down quite a bit, there may be some headwinds heading into 2022 worth exploring given the 900% rise in share price.

CVR Partners: Even After Strong Rally, 2022 Tailwinds Persist

SUGAR LAND, Texas, Oct. 12, 2021 (GLOBE NEWSWIRE) -- CVR Partners, LP (“CVR Partners” or the “Partnership”) (NYSE: UAN), together with CVR Energy, Inc. (the “Company”), today announced that Dane Neumann has been named Executive Vice President and Chief Financial Officer of the general partner of the Partnership and the Company. Neumann's appointments were effective October 6, 2021. In this position, Neumann will lead all aspects of the finance and accounting functions for the Partnership, the Company and their subsidiaries.

CVR Partners Names Dane Neumann Executive Vice President & Chief Financial Officer

SUGAR LAND, Texas, Aug. 25, 2021 (GLOBE NEWSWIRE) -- CVR Partners, LP (“CVR Partners” or the “Partnership”) (NYSE: UAN) today announced that it currently intends to defer the scheduled turnaround at its Coffeyville, Kansas, nitrogen fertilizer facility from October 2021 to the third quarter of 2022. CVR Partners now expects its total forecasted turnaround spending for 2021 of approximately $8 million to $10 million of expense for the Coffeyville facility to be spent in 2022, which will be in addition to the planned 2022 turnaround for the Partnership's East Dubuque nitrogen fertilizer facility.

CVR Partners Announces Coffeyville Turnaround Deferral

2Q DCF was $1.72 and my model estimates 3Q DCF of between $3.5 and $4.5.

CVR Partners: The Odds Are In Favor Of The Current Cycle Being At Least A Two-Year Upcycle

CVR Partners LP (UAN) CEO Mark Pytosh on Q2 2021 Results - Earnings Call Transcript

SUGAR LAND, Texas, Aug. 02, 2021 (GLOBE NEWSWIRE) -- CVR Partners, LP (“CVR Partners” or the “Partnership”) (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (“UAN”) solution fertilizer products, today announced net income of $7 million, or 66 cents per common unit, on net sales of $138 million for the second quarter 2021, compared to a net loss of $42 million, or $3.68 per common unit, inclusive of a $41 million pre-tax charge related to goodwill impairment, on net sales of $105 million for the second quarter 2020. EBITDA was $51 million for the second quarter of 2021, compared to EBITDA loss of $2 million for the second quarter of 2020.

CVR Partners Reports Second Quarter 2021 Results and Announces a Cash Distribution of $1.72

SUGAR LAND, Texas, July 20, 2021 (GLOBE NEWSWIRE) -- CVR Partners, LP (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (UAN) solution fertilizer products, plans to release its second quarter 2021 earnings results on Monday, August 2, after the close of trading on the New York Stock Exchange. The Company will host a teleconference call on Tuesday, August 3, at 11 a.m. Eastern to discuss these results.

CVR Partners to Release Second Quarter 2021 Earnings Results

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The great post-pandemic commodity boom is upon us, and I am bullish on copper and agriculture commodities.

Ride The Boom In Copper And Agriculture Commodities For Alpha And Income Growth

SUGAR LAND, Texas, June 08, 2021 (GLOBE NEWSWIRE) -- CVR Partners, LP (“CVR Partners”) (NYSE: UAN) announced today the pricing of the private placement (the “Offering”) by CVR Partners and its wholly owned subsidiary, CVR Nitrogen Finance Corporation (together with CVR Partners, the “Issuers”) under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the “Securities Act”), of $550 million in aggregate principal amount of 6.125% senior secured notes due 2028 (the “Notes”). The Notes mature on June 15, 2028, and will be issued at par. The Offering is expected to close on June 23, 2021.

CVR Partners Announces Pricing of $550 Million Private Placement of 6.125% Senior Secured Notes Due 2028

SUGAR LAND, Texas, June 08, 2021 (GLOBE NEWSWIRE) -- CVR Partners, LP (“CVR Partners”) (NYSE: UAN) announced today that, subject to market conditions, CVR Partners and its wholly owned subsidiary, CVR Nitrogen Finance Corporation (together with CVR Partners, the “Issuers”), intend to offer (the “Offering”) for sale to eligible purchasers in a private placement under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the “Securities Act”), $550 million in aggregate principal amount of senior secured notes due 2028 (the “Notes”). CVR Partners intends to use the proceeds of the Offering to fund a partial redemption of the Issuers' outstanding 9.250% Senior Secured Notes due 2023 (the “2023 Notes”).

CVR Partners Announces $550 Million Private Placement of Senior Secured Notes Due 2028 and Notice of Conditional Partial Redemption for its 9.250% Senior Secured Notes Due 2023

CVR Partners' price does not reflect current commodity pricing. Cash flow from current UAN and Ammonia pricing will give greatest cash flow ever.

CVR Partners Should Return To Its Old Highs

CVR Partners, LP (UAN) CEO Mark Pytosh on Q1 2021 Results - Earnings Call Transcript

The stock price of CVR Partners LP (NYSE: UAN) fell from $58.22 to $47.50 (down 18.41%) during intraday trading. This is why it happened.

UAN Stock: From $58.22 To $47.50 (18.41% Decrease) Intraday Explanation

SUGAR LAND, Texas, May 03, 2021 (GLOBE NEWSWIRE) -- CVR Partners, LP (“CVR Partners” or the “Partnership”) (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (“UAN”) solution fertilizer products, today announced a net loss of $25 million, or $2.37 per common unit, on net sales of $61 million for the first quarter 2021, compared to a net loss of $21 million, or $1.83 per common unit, on net sales of $75 million for the first quarter 2020. EBITDA was $5 million for the first quarter of 2021, compared to $11 million for the first quarter of 2020.

CVR Partners Reports First Quarter 2021 Results

SUGAR LAND, Texas, April 20, 2021 (GLOBE NEWSWIRE) -- CVR Partners, LP (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (UAN) solution fertilizer products, plans to release its first quarter 2021 earnings results on Monday, May 3, after the close of trading on the New York Stock Exchange. The Company will host a teleconference call on Tuesday, May 4, at 11 a.m. Eastern to discuss these results.

News for CVR Partners Stock (UAN)