CVR PARTNERS, LP reported first quarter of 2026 results: revenue $180 million, net income $50 million, EPS $4.72 per common unit.
“CVR Partners, LP (“CVR Partners” or the “Partnership”) (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (“UAN”) solution fertilizer products, today announced net income of $50 million, or $4.72 per common unit, and EBITDA of $78 million on net sales of $180 million for the first quarter of 2026, compared to net income of $27 million, or $2.56 per common unit, and EBITDA of $53 million on net sales of $143 million for the first quarter of 2025.”
Governance Changes
CVR PARTNERS, LP: Amendment to Partnership Agreement to clarify director eligibility for Conflicts Committee and update registered agent and registered office (effective 2026-03-17).
“On and effective as of March 17, 2026, the General Partner executed Amendment No. 2 (the “Amendment”) to the Partnership’s Second Amended and Restated Agreement of Limited Partnership (the “Partnership Agreement”). The Amendment amends the definition of “Conflicts Committee” in the Partnership Agreement to clarify the directors who are eligible to serve on a conflicts committee of the General Partner’s Board. In addition, the Amendment amended the Partnership Agreement to reflect the change in the Partnership’s registered agent to Corporation Service Company and its registered office to 251 Little Falls Drive, Wilmington, Delaware 19808.”
Listing & Compliance Notices
CVR PARTNERS, LP received a nyse noncompliance notice notice regarding audit committee (rules 303A.07(a), 303A.02, 10A-3).
“March 3, 2026, the Partnership received notice from the NYSE that it became non-compliant with the audit committee requirement set forth in Listed Company Manual Section 303A.07(a) as a result of Mr. Goebel’s death. The Partnership has initiated a search for a new independent director to join the Board and the Audit Committee and expects to announce a replacement as soon as reasonably practicable. Upon appointing a new member of the Audit Committee that meets the independence requirements of Section 10A of, and Rule 10A-3 under, the Securities Exchange Act of 1934, as amended, and Section 303A”
Earnings Releases
CVR PARTNERS, LP reported the first quarter of 2024 results: revenue $128 million, net income $13 million, EPS $1.19 per common unit.
“CVR Partners, LP (“CVR Partners” or the “Partnership”) (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (“UAN”) solution fertilizer products, today announced net income of $13 million, or $1.19 per common unit, on net sales of $128 million for the first quarter of 2024, compared to net income of $102 million, or $9.64 per common unit, on net sales of $226 million for the first quarter of 2023.”
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