CVR Partners, LP Releases Preliminary Financial Results

By Chris Stiles • Monday, January 26 16:36 • Permanent Link

CVR Partners, LP ("CVR Partners" or the "Partnership") (NYSE: UAN) has released its preliminary estimated financial results for the fourth quarter and full-year 2025. The planned turnaround at the Coffeyville facility was completed as scheduled in early November, but the subsequent startup was delayed due to downtime at the third-party owned air separation unit.

The preliminary estimated net income for the fourth quarter 2025 is expected to be within a range of $(14) million to $(7) million, while for the full-year 2025, it is expected to be between $95 million and $102 million. The estimated EBITDA for the fourth quarter 2025 ranges from $15 million to $25 million, and for the full-year 2025, it is expected to be between $206 million and $216 million.

The ammonia utilization rate has been estimated to be between 60% and 65% for the fourth quarter 2025 and between 87% and 89% for the full-year 2025.

In terms of financial position, the preliminary estimated cash and cash equivalents are expected to be in the range of $65 million to $75 million, while the total long-term debt and finance lease obligations are estimated to be between $550 million and $600 million.

It's important to note that these preliminary estimates are subject to the completion of the Partnership’s financial statements, including the annual audit by its independent registered public accounting firm. Therefore, these estimates should not be viewed as a substitute for full financial statements prepared in accordance with GAAP.

CVR Partners also provided a non-GAAP measure, EBITDA, which is defined as net income (loss) before interest expense, net, income tax expense (benefit), and depreciation and amortization expense. The Partnership believes that this measure may help investors, analysts, lenders, and ratings agencies analyze its results of operations in conjunction with its GAAP results.

Following these announcements, the company's shares moved -4.7%, and are now trading at a price of $113.00. Check out the company's full 8-K submission here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.