CVR Partners, LP announced unaudited consolidated earnings and production results for the first quarter ended March 31, 2013. For the quarter, the company reported net sales of $81.4 million against $78.3 million a year ago. Operating income was $36.8 million against $31.4 million a year ago. Income before income tax expense was $35.6 million against $30.2 million a year ago. Net income was $35.6 million or $0.49 per basic and diluted share against $30.2 million or $0.41 per basic and diluted share a year ago. Adjusted EBITDA was $43.8 million against $38.0 million a year ago. Net cash flow provided by operating activities was $57.5 million against $53.8 million a year ago. Net cash flow was $18.1 million against $22.3 million a year ago. Capital expenditures were $18.1 million against $22.3 million a year ago. EBITDA was $42.6 million against $36.8 million a year ago. For the first quarter 2013, the company announced average realized plant gate prices for ammonia and UAN were $663 per ton and $295 per ton, respectively, compared to $613 per ton and $313 per ton, respectively, for the same period in 2012. The company produced 111,400 tons of ammonia during the first quarter of 2013, of which 30,700 net tons were available for sale while the rest was upgraded to a record 196,200 tons of more profitable UAN. In the 2012 first quarter, the plant produced 89,300 tons of ammonia with 25,000 net tons available for sale with the remainder upgraded to 154,600 tons of UAN. On-stream factors during the 2013 first quarter were 99.5 percent for the gasifiers, 98.8 percent for the ammonia synthesis loop, and 92.8 percent for the UAN conversion facility. The company also reaffirms its 2013 full year outlook of $2.15 to $2.45 per common unit in cash available for distribution to its unitholders.

CVR Partners, LP declared a cash distribution of 61 cents per common unit for the first quarter of 2013. The distribution as set by the board of CVR GP, LLC, the general partner of CVR Partners, will be paid on May 15, 2013, to unit holders of record on May 8, 2013.

CVR Partners, LP announced that they will report Q1, 2013 results at 5:00 PM, Eastern Standard Time on May 01, 2013