CVR Partners reports Q2 EPS $2.48 vs. $5.66 last year

Reports Q2 revenue $132.9M vs. $183.0M last year. “CVR Partners reported solid operating results for the second quarter of 2024 driven by safe, reliable operations and a combined ammonia production rate of 102 percent,” said Mark Pytosh, Chief Executive Officer. “The spring planting season experienced some weather interruptions, however, planted acreage was higher than expected and demand for nitrogen fertilizer was strong. As we enter the new planting season, we have seen continued strong demand for nitrogen fertilizer for the remainder of 2024 at prices higher than 2023. Our focus for the remainder of the year will continue to be on safe, reliable operations and maximizing our free cash flow generation.”