Cvr Partners Lp Stock Price, News & Analysis

CVR Partners, LP (NYSE: UAN) announced it will release its second quarter 2022 earnings results on August 1, after trading concludes on the New York Stock Exchange. A teleconference will follow on August 2 at 11 a.m. Eastern to discuss these results. Investors can access the call via the company's website or by dialing in. The earnings report will also be distributed via GlobeNewswire and available on CVR Partners' investor relations site. The company focuses on manufacturing ammonia and urea ammonium nitrate fertilizer products.

CVR Partners, LP (NYSE: UAN) reported a strong first quarter of 2022 with a net income of $94 million ($8.78 per common unit) on net sales of $223 million, a significant turnaround from a net loss of $25 million in Q1 2021. EBITDA surged to $123 million from just $5 million in the prior year. The Partnership achieved targeted debt reduction by redeeming $65 million of high-interest notes and has returned $3.43 per common unit to unitholders through unit repurchases and declared cash distributions. Average realized prices for UAN and ammonia rose 212% and 252%, respectively, fueling production growth.

CVR Partners, LP (NYSE: UAN) plans to release its Q1 2022 earnings on May 2, after trading hours. A teleconference is scheduled for May 3 at 11 a.m. Eastern to discuss the results, which will contain forward-looking information. The earnings release will be available on the company's website and via GlobeNewswire. CVR Partners specializes in nitrogen fertilizer products such as urea ammonium nitrate and ammonia, serving farmers to enhance crop yield and quality.

CVR Partners, LP (NYSE: UAN) has filed its annual report on Form 10-K for the fiscal year ended December 31, 2021, with the SEC. The report, detailing the company's financial performance, is accessible for free via the Investor Relations section on the CVR Partners website. Unitholders can also request a hard copy of the report, including audited financial statements. CVR Partners focuses on nitrogen fertilizer production, operating a facility in Coffeyville, Kansas, with significant ammonia and UAN production capacity.

CVR Partners announced strong financial results for Q4 and full-year 2021, achieving a net income of $61 million, or $5.76 per common unit, on net sales of $189 million. This marks a significant recovery from a net loss of $17 million in Q4 2020. The company reported a combined ammonia utilization rate of 92% and reduced its outstanding debt by $95 million. A fourth quarter cash distribution of $5.24 per unit was declared, resulting in total distributions of $9.89 for 2021. Average realized prices for UAN and ammonia improved by 150% and 179%, respectively.

CVR Partners, LP (NYSE: UAN) announced plans to release its fourth quarter and full-year 2021 earnings on February 22, 2022, before NYSE trading. A teleconference will follow at 11 a.m. Eastern to discuss these results, accessible via their website. The company is focused on the production and marketing of nitrogen fertilizer products, primarily urea ammonium nitrate and ammonia, used in agriculture to improve crop yield. The press release emphasizes the importance of their manufacturing capabilities and upcoming financial disclosures.

CVR Partners announced a full redemption of its outstanding 9.250% Senior Secured Notes due 2023 on February 22, 2022. The remaining balance of $65 million will be redeemed at par, including accrued interest. Wilmington Trust serves as the trustee and paying agent for this redemption. This strategic move indicates the company's commitment to managing its financial obligations effectively, potentially improving its balance sheet.

CVR Partners, LP (NYSE: UAN) announced a partial redemption of $15 million of its 9.250% Senior Secured Notes due 2023, to occur on December 22, 2021. The total outstanding amount of the 2023 Notes is $80 million as of September 30, 2021. The redemption will be conducted at par, alongside accrued interest. Wilmington Trust serves as trustee and paying agent for the notes. The announcement includes forward-looking statements, emphasizing the unpredictability of future performance amid various risks. Investors are encouraged to review risk factors detailed in recent SEC filings.

CVR Partners (UAN) reported a strong performance for Q3 2021, with a net income of $35 million ($3.28 per unit) on sales of $145 million, recovering from a $19 million loss in Q3 2020. EBITDA rose to $64 million compared to $15 million last year. The company experienced a 94% ammonia utilization rate and attributed its success to favorable crop conditions and global supply constraints. Average realized prices for UAN and ammonia increased by 118% and 110%, respectively. A cash distribution of $2.93 per unit was declared for Q3 2021, payable on November 22, 2021.