Earnings ·
CVR Partners reports Q3 net loss of $11M, declares $1.79 quarterly distribution
UANCvr Partners, LP
CVR Partners reported a third-quarter net loss of $11 million, or $1.02 per common unit, driven by a 41-day planned turnaround at its East Dubuque facility that reduced production volumes. EBITDA fell to $20 million from $71 million in the prior-year period, while net sales declined 11% to $146 million due to lower UAN prices, despite ammonia prices rising 20%. The company completed water system upgrades and a brownfield capacity expansion during the shutdown. Additionally, the Board declared a cash distribution of $1.79 per common unit for Q3 2026, payable on November 23, 2026, to unitholders of record as of November 16, 2026. CVR Partners manufactures and distributes nitrogen fertilizer products, primarily ammonia and urea ammonium nitrate (UAN).