CVR Partners Reports First Quarter 2025 Results
From GlobeNewswire: 2025-04-28 17:05:00
CVR Partners, LP reported a first quarter net income of $27 million or $2.56 per common unit, with EBITDA of $53 million. The company announced a cash distribution of $2.26 per common unit, reflecting strong operating results driven by high utilization of plants and increasing fertilizer prices.
Production at CVR Partners’ facilities increased in the first quarter of 2025, with 216,000 tons of ammonia produced, 64,000 net tons available for sale. Average realized gate prices for ammonia were $554 per ton, while UAN prices decreased to $256 per ton. The Board declared a first quarter 2025 cash distribution of $2.26 per common unit.
CVR Partners will host its first quarter 2025 Earnings Conference Call on April 29. The call will discuss the company’s performance, future plans, and other material information. The call will be webcast live on the Investor Relations section of CVR Partners’ website, with a dial-in number for participation.
The company uses non-GAAP measures to assess performance, including EBITDA, Adjusted EBITDA, and Available Cash for Distribution. CVR Partners encourages investors to review these measures along with GAAP results. The company also provided an outlook for the second quarter of 2025, including operational statistics and financial information.
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