CVR Partners LP (NASDAQ: UAN) Profit Outlook

CVR Partners, LP Logo. (PRNewsFoto/CVR Partners, LP)

CVR Partners LP day trading at USD 0.994 per share, then rallying to 1.0497 and closing at USD 1 per share. A net gain of 0.61% for the day. Long term pricing analysis shows the stock trading at 74.58% lower than it’s 52week high and -61.66% higher than the 52week low. The share volume traded for the day was 212K which was 0 times the 50 Day Average Volume.

CVR Partners LP had a market cap of 113,282K as of 12th June 2020. The Earnings Per Share (EPS) for Q4 2019 is $-0.43

CVR Partners LP is a public traded company, based in Sugar Land, Texas, that manufactures and provides nitrogen fertilizer products. It is a subsidiary of Coffeyville Resources, which is owned by CVR Energy Inc. The company was formed by CVR Energy to operates its nitrogen fertilizer business.

Financial Results

CVR Partners LP Reports First Quarter Of Fiscal 2020.

  • CVR Partners, LP (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (UAN) solution fertilizer products, announced a net loss of $21 million, or 18 cents per common unit, on net sales of $75 million for the first quarter 2020, compared to a net loss of $6 million, or 5 cents per common unit, on net sales of $92 million for the first quarter 2019.
  • EBITDA was $11 million for the first quarter of 2020, compared to $26 million for the first quarter of 2019.
  • For the first quarter of 2020, CVR Partners’ average realized gate prices for UAN showed a reduction over the prior year, down 25 percent to $166 per ton, and ammonia was down 28 percent over the prior year to $264 per ton.

CVR Partners LP (12th June 2020): The Institutional Ownership as of today stood at 36.85% and the Total Value of Holdings (millions) is $ 42.

New Institutional Holders and other activity – As of today, the total number of shares held is 41,749,817 by 47 institutional holders.

LATEST NEWS:

10-June-2020:- CVR Partners LP (NYSE: UAN) Shares Sold by HITE Hedge Asset Management LLC

HITE Hedge Asset Management LLC cut its holdings in CVR Partners LP (NYSE: UAN) by 83.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 208,300 shares of the basic materials company’s stock after selling 1,056,784 shares during the period.

7-May-2020:- Ensign Peak Advisors Inc Sells 2,374 Shares of CVR Energy, Inc. (NYSE: CVI) – Modern Readers

CVR Partners, LP (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (UAN) solution fertilizer products, today announced a net loss of $21 million, or 18 cents per common unit, on net sales of $75 million for the first quarter 2020, compared to a net loss of $6 million, or 5 cents per common unit, on net sales of $92 million for the first quarter 2019. EBITDA was $11 million for the first quarter of 2020, compared to $26 million for the first quarter of 2019.

 

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