CVR Partners (UAN) AI Stock Analysis

• Market Cap: $886.48M
• Dividend Yield: 10.78%
• Average Volume (3M): 27.06K
• Price to Earnings (P/E): 11.8
• Beta (1Y): 0.60
• Revenue Growth: -7.27%
• EPS Growth: -9.30%
• Country: US
• Employees: 316
• Sector: Basic Materials
• Sector Strength: 69
• Industry: Agricultural Inputs
• EPS (TTM): 2.56
• Shares Outstanding: 10,569,637
• 10 Day Avg. Volume: 21,998
• 30 Day Avg. Volume: 27,060
• PEG Ratio: 0.01
• Price to Book (P/B): 3.71
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 4.15
• Enterprise Value/Market Cap: 1.72
• Enterprise Value/Revenue: 0.72
• Enterprise Value/Gross Profit: 11.42
• Enterprise Value/Ebitda: 2.63
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 79 Outperform
• Price Target: $99.00 ▲(13.98%Upside)

CVR Partners receives a strong overall stock score driven by positive earnings performance and robust technical indicators. The financial performance, while mixed, benefits from a strong balance sheet and cash flow management. Valuation metrics are appealing, offering a high dividend yield and reasonable P/E ratio. Despite some risks highlighted in the earnings call, the positive outlook and strategic financial management underscore the stock's potential.

CVR Partners Business Overview & Revenue Model

Company Description

CVR Partners, LP, together with its subsidiaries, engages in the production and sale of nitrogen fertilizer products in the United States. The company offers ammonia products for agricultural and industrial customers; and urea and ammonium nitrate products to agricultural customers, as well as retailers and distributors. CVR GP, LLC serves as the general partner of the company. CVR Partners, LP was incorporated in 2007 and is headquartered in Sugar Land, Texas.

How the Company Makes Money

CVR Partners generates revenue primarily through the sale of its nitrogen fertilizer products, namely ammonia and urea ammonium nitrate (UAN). The company operates manufacturing facilities that convert natural gas into ammonia, which is then further processed into UAN solutions. These fertilizers are sold to distributors and agricultural retailers who supply them to farmers. The demand for CVR Partners' products is driven by the agricultural sector's need for effective crop nutrients to increase food production. Additionally, the company's earnings are influenced by natural gas prices, agricultural commodity prices, and seasonal factors affecting planting and harvesting cycles.

CVR Partners Financial Statement Overview

Summary

CVR Partners presents a mixed financial picture. The company faces revenue and profitability challenges, but operational efficiency is maintained. The balance sheet is strong, with no debt and significant cash reserves, providing stability. Cash flow remains positive, although it has decreased, pointing to effective cash management. Overall, while there are areas of concern, particularly in revenue and profit margins, the company remains financially stable.

Income Statement

CVR Partners' income statement shows a decline in total revenue and profitability. The TTM (Trailing-Twelve-Months) gross profit margin is negative, indicating cost pressures. The net profit margin has decreased significantly compared to the previous year, highlighting reduced profitability. The company has shown negative revenue growth compared to 2023, but maintains a positive EBIT and EBITDA margin, suggesting operational efficiency despite revenue challenges.

Balance Sheet

The balance sheet reflects a strong position with zero debt and a healthy cash balance, enhancing financial stability. The equity ratio is robust, indicating a solid capital structure. However, the decrease in stockholders' equity compared to previous years suggests potential challenges in equity retention or asset growth.

Cash Flow

The cash flow statement is strong, with positive free cash flow in the TTM (Trailing-Twelve-Months), although it has decreased compared to the prior year. The operating cash flow to net income ratio is healthy, indicating efficient cash generation relative to net income. The company effectively manages its capital expenditures to ensure positive free cash flow.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
540.52M	525.32M	681.48M	835.58M	532.58M	349.95M
	Gross Profit
133.93M	118.86M	232.46M	352.37M	162.04M	24.84M
	EBIT
104.89M	90.35M	201.41M	239.15M	66.66M	-69.25M
	EBITDA
132.59M	178.90M	281.10M	403.16M	212.67M	41.35M
	Net Income Common Stockholders
75.41M	60.90M	172.43M	286.80M	78.16M	-98.18M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
121.78M	90.86M	45.28M	86.34M	112.52M	30.56M
	Total Assets
1.01B	1.02B	975.33M	1.10B	1.13B	1.03B
	Total Debt
0.00	572.89M	550.48M	549.73M	610.64M	639.49M
	Net Debt
452.05M	482.04M	505.20M	463.39M	498.13M	608.93M
	Total Liabilities
712.29M	725.65M	672.45M	688.59M	784.86M	718.64M
	Stockholders Equity
301.66M	404.42M	302.88M	286.80M	342.20M	314.24M
Cash Flow		Free Cash Flow
79.14M	113.47M	219.33M	256.80M	168.13M	1.14M
	Operating Cash Flow
163.51M	150.54M	243.53M	301.46M	188.72M	19.74M
	Investing Cash Flow
-32.38M	-31.89M	-2.72M	-44.62M	-20.34M	-18.55M
	Financing Cash Flow
-73.98M	-73.07M	-281.86M	-283.02M	-86.43M	-7.63M

CVR Partners Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 86.86
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For UAN, the sentiment is Positive. The current price of 86.86 is above the 20-day moving average (MA) of 82.82, above the 50-day MA of 78.08, and above the 200-day MA of 72.27, indicating a bullish trend. The MACD of 1.33 indicates Negative momentum. The RSI at 77.94 is Negative, neither overbought nor oversold. The STOCH value of 70.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for UAN.

CVR Partners Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CF	80 Outperform	$16.32B	13.29	26.14%	2.00%	0.66%	25.75%
UAN	79 Outperform	$886.48M	11.76	25.16%	10.78%	-7.27%	-9.30%
FMC	72 Outperform	$5.19B	15.96	8.81%	5.58%	1.45%	-70.85%
MOS	69 Neutral	$11.34B	30.86	3.09%	2.46%	-13.37%	-50.63%
IPI	60 Neutral	$492.59M	―	-35.32%	―	0.63%	-369.50%
SMG	57 Neutral	$3.59B	124.28	4.98%	4.32%	0.75%	―
Sector *	51 Neutral	$2.04B	-1.26	-21.09%	3.98%	2.91%	-30.49%

CVR Partners Corporate Events

CVR Partners Approves 2025 Long-Term Incentive Plan

On June 5, 2025, CVR Partners, LP, a company involved in the production of nitrogen fertilizer products, held a Special Meeting of Unitholders where they approved the 2025 Long-Term Incentive Plan. This plan allows the company to grant various unit-based awards to eligible participants over a ten-year period. The unitholders also ratified Grant Thornton LLP as the independent registered public accounting firm for the 2025 fiscal year.

CVR Partners Reports Strong Q1 2025 Performance

CVR Partners reported a strong performance in the first quarter of 2025 with a net income of $27 million, or $2.56 per common unit, and EBITDA of $53 million on net sales of $143 million. This marks an improvement from the first quarter of 2024, where the net income was $13 million. The company declared a cash distribution of $2.26 per common unit, reflecting its focus on high plant utilization and cash flow generation amid tight supply and demand balances for nitrogen fertilizer products.