UAN Stock Recent News

CVR Partners, LP Common Units (NYSE:UAN ) Q2 2024 Earnings Conference Call July 30, 2024 11:00 AM ET Company Participants Richard Roberts - Vice President of FP&A and IR Mark Pytosh - President & CEO Dane Neumann - EVP, CFO, Treasurer & Assistant Secretary Conference Call Participants Robert McGuire - Granite Research Operator Greetings, and welcome to the CVR Partners Second Quarter 2024 Conference Call. At this time all participants are in a listen-only mode.

SUGAR LAND, Texas, July 16, 2024 (GLOBE NEWSWIRE) -- CVR Partners, LP (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (UAN) solution fertilizer products, plans to release its second quarter 2024 earnings results on Monday, July 29, after the close of trading on the New York Stock Exchange. The Partnership also will host a teleconference call on Tuesday, July 30, at 11 a.m. Eastern to discuss these results.

CVR Partners is currently paying over a 20 percent dividend. Market fundamentals are strong and I expect the profitability of CVR Partners, LP's nitrogen fertilizer business to remain strong. Technical chart patterns present an interesting bull-flag chart pattern that appears poised to break out of its trading range in the near future.

CVR Partners has a shockingly high distribution yield of 38%. The MLP sells fertilizer, which is a commodity.

Essentially, "Fertilizers and Agricultural Chemicals" is a solid, reliable, and sustainable industry. Everybody needs to eat, food must be grown, and fertilizers are to be used. Nevertheless, supply-chain disruptions that were caused (first) by the pandemic and (then) the Russia-Ukraine war have completely distorted this industry's normal trends.