CVR Partners, LP Q3 2025 Earnings Recap

CVR Partners delivered strong Q3 2025 results with net sales of $164 million and a declared distribution of $4.02 per common unit, benefiting from elevated UAN and ammonia pricing amid tight inventory conditions.

Key Takeaways

• EBITDA increased to $71 million, driven by 52% higher UAN prices and 33% higher ammonia prices year-over-year.
• Ammonia plant utilization averaged 95%, although impacted by downtime; production totaled 208,000 gross tons.
• Cash available for distribution reached $42 million, supporting the quarterly distribution of $4.02 per common unit, payable on November 17.
• Softening inventory levels and favorable pricing conditions indicate a positive outlook into 2026.