Quarterly ResultApr 29, 2026, 04:49 PM
UAN Q1 Net Income $50M (+85%), EPS $4.72; EBITDA $78M (+47%); Dividend $4.00
AI Summary
CVR Partners, LP reported strong first quarter 2026 results with net income increasing 85% to $50 million, or $4.72 per common unit, and EBITDA rising 47% to $78 million on net sales of $180 million. The company achieved a combined ammonia utilization rate of 103% and announced a cash distribution of $4.00 per common unit. Favorable nitrogen fertilizer market conditions and strong demand contributed to the positive performance.
Key Highlights
- Net income increased 85% to $50 million, or $4.72 per common unit, for Q1 2026.
- EBITDA rose 47% to $78 million for Q1 2026.
- Net sales for Q1 2026 were $180 million, up from $143 million in Q1 2025.
- Declared a Q1 2026 cash distribution of $4.00 per common unit.
- Achieved a combined ammonia utilization rate of 103% for Q1 2026.
- Average realized gate prices for ammonia and UAN increased 24% and 34% respectively.
- Produced 220,000 tons of ammonia and 335,000 tons of UAN in Q1 2026.