earnings
confidence high
sentiment positive
materiality 0.85
CVR Partners Q2 net income $118M, EPS $11.12, cash distribution $10.05/unit
CVR PARTNERS, LP
2022-Q2 EPS reported
$19.90
revenue$466,874,000
- Net income of $118M ($11.12/unit) vs $7M ($0.66/unit) in Q2 2021; net sales $244M vs $138M.
- EBITDA $147M vs $51M YoY, driven by strong global fertilizer conditions and elevated prices.
- Average realized UAN price up 134% to $555/ton; ammonia up 193% to $1,182/ton.
- Declared Q2 cash distribution of $10.05/unit, payable Aug 22 to unitholders of record Aug 12.
- Ammonia production 193,000 tons (50,000 net tons for sale); UAN production 331,000 tons.