CVR Partners Q1 net income $102M ($9.64/unit) on record production; declares $10.43 distribution

CVR PARTNERS, LP

2023-Q1 EPS reported $9.64 revenue$226,261,000

Net income of $102M ($9.64/unit) vs $94M ($8.78) in Q1 2022; net sales $226M vs $223M.
EBITDA $124M vs $123M; combined ammonia utilization hit record 105%.
Average realized gate prices: UAN $457/ton (-8% YoY), ammonia $888/ton (-16% YoY).
45Q carbon-capture transaction: received $18.1M initial payment; up to $60M more through 2030.
Q1 cash distribution of $10.43/unit payable May 22 to holders of record May 15.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CVR PARTNERS, LP reported the three months ended March 31, 2023 results: revenue $226 million, net income $102 million, EPS $9.64 per common unit.

Period: the three months ended March 31, 2023
Revenue: $226 million
Net income: $102 million
EPS: $9.64 per common unit
Result: reported results

Exact text from the filing

net income of $102 million, or $9.64 per common unit, on net sales of $226 million for the first quarter of 2023

View on SEC.gov

Browse all earnings releases →

CVR PARTNERS, LP filing history →

Source: SEC EDGAR

accession 0001425292-23-000016

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.