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Cvr Partners Lp Common Units R (UAN)
NYSE:UAN
Earnings Data
Report Date
Apr 28, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
1.19Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 18, 2025
|% Change Since: -6.43%
|Next Earnings Date:Apr 28, 2025
Earnings Call Sentiment|Positive
The call highlighted a strong financial performance and strategic initiatives to enhance operational flexibility and efficiency. Despite challenges such as a decline in UAN sales volume and geopolitical risks, the overall market conditions are favorable with strong demand for nitrogen fertilizers and improving safety metrics.Company Guidance
During the fourth quarter of 2024, the company reported net sales of $140 million, net income of $18 million, and EBITDA of $50 million. The Board declared a distribution of $1.75 per common unit, to be paid on March 10, 2025. For the full year, EBITDA was $179 million, with distributions totaling $6.76 per common unit. The ammonia utilization rate was 96%, with production volumes reaching 210,000 gross tons and 80,000 net tons available for sale. UAN production totaled 310,000 tons, sold at an average price of $229 per ton, while ammonia sales were approximately 97,000 tons at $475 per ton. The company expects 2025 maintenance capital spending between $35 and $45 million, with growth capital spending from $20 to $25 million. Total liquidity at the end of the quarter was $130 million, consisting of $91 million in cash and $39 million available under the ABL facility. Looking ahead, the company anticipates an ammonia utilization rate between 95% and 100% for Q1 2025, with direct operating expenses estimated at $55 to $65 million.Strong Financial Performance
For the fourth quarter of 2024, the company reported net sales of $140 million, net income of $18 million, and EBITDA of $50 million. For the full year 2024, EBITDA was $179 million and distributions were $6.76 per common unit.
Record Ammonia Production
East Dubuque set new records in 2024 with an ammonia utilization rate of 102% and production volumes of approximately 399,000 tons.
Improved Safety Metrics
The company reported a 40% reduction in total recordable incident rate in 2024 compared to 2023.
Strong Demand and Favorable Market Conditions
Despite challenging weather conditions, there was strong demand for nitrogen fertilizer, with prices increasing compared to the third quarter. The market conditions look favorable for the spring planting season with higher grain prices.
Strategic Projects and Flexibility
Plans to implement a dual fuel project at the Coffeyville facility, allowing the flexibility to switch between natural gas and pet coke based on economic conditions, are underway.
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UAN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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UAN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 18, 2025 | $77.15 | $78.42 | +1.65% |
| Oct 28, 2024 | $67.84 | $67.41 | -0.63% |
| Jul 29, 2024 | $72.45 | $73.52 | +1.48% |
| Apr 29, 2024 | $75.16 | $73.65 | -2.01% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Cvr Partners Lp Common Units R (UAN) report earnings?
Cvr Partners Lp Common Units R (UAN) is schdueled to report earning on Apr 28, 2025, TBA Not Confirmed.
What is Cvr Partners Lp Common Units R (UAN) earnings time?
Cvr Partners Lp Common Units R (UAN) earnings time is at Apr 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is UAN EPS forecast?
Currently, no data Available
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