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.”
Earnings Releases
CVR PARTNERS, LP reported full-year 2023 results: revenue $681 million, net income $172 million, EPS $16.31 per common unit.
“CVR Partners had net income of $172 million, or $16.31 per common unit, on net sales of $681 million for full-year 2023, compared to net income of $287 million, or $27.07 per common unit, on net sales of $836 million for full-year 2022.”
Earnings Releases
CVR PARTNERS, LP reported fourth quarter of 2023 results: revenue $142 million, net income $10 million, EPS 94 cents 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 $10 million, or 94 cents per common unit, on net sales of $142 million for the fourth quarter of 2023, compared to net income of $95 million, or $9.02 per common unit, on net sales of $212 million for the fourth quarter of 2022.”
Earnings Releases
CVR PARTNERS, LP reported three months ended September 30, 2023 results: revenue $131 million, net income $1 million, EPS 7 cents per common unit.
“announced net income of $1 million, or 7 cents per common unit, on net sales of $131 million for the third quarter of 2023”
Material Agreements
CVR PARTNERS, LP amended Amendment No. 1 to Credit Agreement with Wells Fargo Bank, National Association valued at up to $50.0 million (effective 2023-09-26).
“CVR Partners, LP (the “Partnership”), CVR Nitrogen, LP (“CVR Nitrogen”), East Dubuque Nitrogen Fertilizers, LLC (“East Dubuque”), Coffeyville Resources Nitrogen Fertilizers, LLC (“Coffeyville Resources”), CVR Nitrogen Holdings, LLC (“CVR Nitrogen Holdings”), CVR Nitrogen Finance Corporation (“CVR Finance”) and CVR Nitrogen GP, LLC (“CVR Nitrogen GP” and collectively with the Partnership, CVR Nitrogen, East Dubuque, Coffeyville Resources, CVR Nitrogen Holdings, CVR Finance and CVR Nitrogen GP, the “Credit Parties”) entered into Amendment No. 1 to Credit Agreement (the “Amendment”) with Wells Fargo Bank, National Association, a national banking association (“Wells Fargo”), as administrative agent, collateral agent and a lender.”
Earnings Releases
CVR PARTNERS, LP reported the second quarter of 2023 results: revenue $183 million, net income $60 million, EPS $5.66 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 $60 million, or $5.66 per common unit, on net sales of $183 million for the second quarter of 2023”
Earnings Releases
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.
“net income of $102 million, or $9.64 per common unit, on net sales of $226 million for the first quarter of 2023”
David Willetts resigned as Director at CVR PARTNERS, LP.
“Also on and effective March 17, 2023, David Willetts resigned from the Board and its Committees as a result of other board commitments.”
Jordan Bleznick was appointed as Chairman at CVR PARTNERS, LP.
“On and effective March 17, 2023, Jordan Bleznick was appointed to the board of directors (the “Board”) of CVR GP, LLC (the “Company”), the general partner of CVR Partners, LP (the “Partnership”), as its Chairman, as well as to the Board’s Compensation Committee and Special Committee (collectively, the “Committees”).”
Earnings Releases
CVR PARTNERS, LP reported three months and year ended December 31, 2022 results: revenue $836 million, net income $287 million, EPS $27.07 per common unit.
“announced net income of $95 million, or $9.02 per common unit, on net sales of $212 million for the fourth quarter of 2022”
Material Agreements
CVR PARTNERS, LP entered into Transaction Agreement with CapturePoint LLC and certain unaffiliated third-party investors valued at approximately $18 million initial payment plus up to approximately $22 million in installment paymen (effective 2023-01-06).
“On January 6, 2023 , CVR Partners, LP, a Delaware limited partnership (the “Partnership”), together with its wholly-owned subsidiary, Coffeyville Resources Nitrogen Fertilizers, LLC, a Delaware limited liability company (“CRNF”), CapturePoint LLC, an unaffiliated Texas limited liability company (“CapturePoint”), and certain unaffiliated third-party investors (the “Investors”) entered into a Transaction Agreement (the “Transaction Agreement”), an Amended and Restated Limited Liability Company Agreement of CVR-CapturePoint LLC (the “LLC Agreement”) and related ancillary agreements, pursuant to which the Investors acquired certain membership interests in a newly formed tax equity joint venture (the “Tax Equity JV”) intended to qualify under the Internal Revenue Service safe harbor described in Revenue Procedure 2020-12 for certain joint ventures that are eligible to claim certain tax credits under Section 45Q of the Internal Revenue Code of 1986, as amended (“Section 45Q Credits”) that ma”
Earnings Releases
CVR PARTNERS, LP reported the third quarter of 2022 results: revenue $156 million, net income $20 million, EPS $1.87 per common unit.
“today announced a net loss of $20 million, or $1.87 per common unit, on net sales of $156 million for the third quarter of 2022”
Kapiljeet Dargan resigned as Director at CVR PARTNERS, LP.
“On June 23, 2022, Kapiljeet Dargan notified CVR GP, LLC (the “Company”), the general partner of CVR Partners, LP (the “Partnership”), of his resignation from service as a member of the Board of Directors (the “Board”) of the Company and the committees of the Board on which he served, including the Compensation Committee and the Special Committee (collectively, the “Committees”), effective immediately.”
Patricia A. Agnello resigned as Director at CVR PARTNERS, LP.
“On December 28, 2021, Patricia A. Agnello resigned from the Board of Directors (the “Board”) of CVR GP, LLC (the “Company”), the general partner of CVR Partners, LP (the “Partnership”), and the Compensation Committee on which she served.”
Dane J. Neumann was appointed as Executive Vice President and Chief Financial Officer at CVR PARTNERS, LP.
“On October 6, 2021, the board of directors of the general partner of CVR Partners, LP (the “Partnership”) and the board of directors of CVR Energy, Inc. (the “CVR Energy”) appointed Dane J. Neumann, 37, to serve as Executive Vice President and Chief Financial Officer of the general partner of the Partnership and CVR Energy, effective immediately.”
Jeffrey D. Conaway was appointed as Vice President, Chief Accounting Officer and Corporate Controller at CVR PARTNERS, LP.
“appointed Jeffrey D. Conaway, 46, to serve as Vice President, Chief Accounting Officer and Corporate Controller of the general partner of the Partnership and the Company, each effective as of August 9, 2021.”
Dane J. Neumann was appointed as Interim Chief Financial Officer at CVR PARTNERS, LP.
“the board of directors of the general partner of the Partnership and the board of directors of the Company appointed Dane J. Neumann, 37, to serve as Interim Chief Financial Officer of the general partner of the Partnership and the Company, in addition to his current role as Vice President – Finance & Treasurer”
Tracy D. Jackson resigned as Executive Vice President and Chief Financial Officer at CVR PARTNERS, LP.
“On August 9, 2021, Tracy D. Jackson resigned from her position as Executive Vice President and Chief Financial Officer and principal accounting officer of the general partner of CVR Partners, LP (the “Partnership”) and CVR Energy, Inc. (the “Company”), effective immediately.”
Tracy D. Jackson was appointed as Principal Accounting Officer at CVR PARTNERS, LP.
“On July 13, 2021, Tracy D. Jackson, the Company’s Executive Vice President and Chief Financial Officer, was appointed principal accounting officer as of the effective date of Mr. Bley’s resignation.”
Matthew Bley resigned as Chief Accounting Officer at CVR PARTNERS, LP.
“On July 9, 2021, Matthew Bley notified CVR GP, LLC (the “Company”), the general partner of CVR Partners, LP (the “Partnership”) of his intention to resign as the Company’s Chief Accounting Officer, Corporate Controller, and principal accounting officer.”
David Willetts was appointed as Director at CVR PARTNERS, LP.
“On July 7, 2021, David Willetts was appointed to the board of directors (the “Board”) of CVR GP, LLC (the “Company”), the general partner of CVR Partners, LP (the “Partnership”), as well as to the Board’s Compensation Committee and Special Committee.”
Jonathan Frates resigned as Director at CVR PARTNERS, LP.
“On June 28, 2021, Jonathan Frates resigned from the board of directors (“Board”) of CVR GP, LLC (the “Company”), the general partner of CVR Partners, LP (the “Partnership”), and the committees on which he served.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.