CVR Partners, LP (NYSE: UAN) has released its preliminary capital spending estimates for 2026, revealing a projected range of $60 million to $75 million. The breakdown of these estimated capital expenditures shows that maintenance capital is expected to range from $35 million to $45 million, while growth capital is anticipated to fall between $25 million and $30 million.
Mark Pytosh, the Chief Executive Officer, highlighted the company's focus on progressing or completing margin-improvement and debottlenecking projects at both plants to enhance reliability and production rates. Specifically, the capital investment plan for 2026 includes the ammonia expansion and feedstock diversification project at the Coffeyville facility, water quality upgrade projects at both plants, and the expansion of diesel exhaust fluid (DEF) production and loadout capacity.
The overarching goal of these projects is to support the target of operating the plants at utilization rates exceeding 95% of nameplate capacity, excluding the impact of turnarounds. This strategy underscores the company's commitment to enhancing operational efficiency and maximizing production capabilities.
The release of these preliminary capital spending estimates provides insight into CVR Partners' strategic initiatives for the year ahead, emphasizing a deliberate allocation of capital towards both maintenance and growth projects to drive operational improvements and support long-term growth objectives. Following these announcements, the company's shares moved 0.47%, and are now trading at a price of $97.24. For the full picture, make sure to review CVR PARTNERS, LP's 8-K report.
