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CVR Partners ( (UAN) ) has shared an update.
CVR Partners reported a strong third quarter in 2024, with net income rising to $4 million and an EBITDA of $36 million, driven by robust ammonia demand and higher nitrogen fertilizer prices. The company announced a cash distribution of $1.19 per common unit, reflecting its focus on generating free cash flow. Despite a slight production drop, average realized prices for UAN and ammonia improved, signaling positive farmer economics and continued solid customer demand.
See more insights into UAN stock on TipRanks’ Stock Analysis page.
