earnings
confidence high
sentiment positive
materiality 0.60
CVR Partners Q3 net income $4M, EBITDA $36M; declares $1.19/unit distribution
CVR PARTNERS, LP
2024-Q3 EPS reported
$4.03
revenue$385,769,000
- Net income $4M ($0.36/unit) vs $1M ($0.07/unit) a year ago; net sales $125M.
- EBITDA $36M on sales $125M, compared to $32M on $131M in Q3 2023.
- Combined ammonia production rate 97%; produced 212K tons ammonia, 321K tons UAN.
- Average realized gate prices: UAN $229/ton (+3% YoY), ammonia $399/ton (+9% YoY).
- Declared cash distribution $1.19/unit, payable Nov 18 to holders of record Nov 8.