secwatch.observer — SEC 8-K summary
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Issuer:     CVR PARTNERS, LP (UAN)
CIK:        0001425292
Form:       8-K
Filed at:   2022-10-31T23:59:59+00:00
Accession:  0001425292-22-000031
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CVR Partners reports Q3 net loss of $20M; declares $1.77/unit distribution
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- Net loss of $20M ($1.87/unit) on net sales of $156M vs net income of $35M ($3.28/unit) on $145M in Q3 2021.
- EBITDA was $10M vs $64M a year ago; turnaround maintenance at both plants reduced production.
- Declared Q3 cash distribution of $1.77/unit, payable Nov 21, 2022 to unitholders of record Nov 14.
- Average realized gate prices: UAN $433/ton (+42% YoY), ammonia $837/ton (+65% YoY).
- Ammonia production fell to 114K tons; UAN production dropped to 184K tons due to planned turnarounds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1425292/000142529222000031/0001425292-22-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1425292/000142529222000031/cvi-20221031.htm
  HTML page:      https://secwatch.observer/filing/0001425292-22-000031

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer