earnings
confidence high
sentiment neutral
materiality 0.65
CVR Partners Q3 net income $1M vs loss $20M YoY; declares $1.55/unit distribution
CVR PARTNERS, LP
2023-Q3 EPS reported
$15.37
revenue$539,858,000
- Net income of $1M ($0.07/unit) vs net loss of $20M ($1.87/unit) in Q3 2022.
- Net sales $131M, down from $156M YoY; EBITDA $32M vs $10M.
- Ammonia production 217K tons (99% utilization); UAN production 358K tons.
- Average realized prices: UAN $223/ton (-48% YoY); ammonia $365/ton (-56% YoY).
- Declared Q3 distribution of $1.55/unit, payable Nov 20 to holders of record Nov 13.