Last $26.21 USD
Change Today -0.04 / -0.15%
Volume 72.3K
UAN On Other Exchanges
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As of 2:06 PM 05/21/13 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

2277 Plaza Drive

Suite 500

Sugar Land, TX 77479

United States

Phone: 281-207-3200

Fax: 302-655-5049

www.cvrpartners.com

CVR Partners, LP engages in the production and distribution of nitrogen fertilizers, which are used primarily by farmers to improve the yield and quality of their crops. The company’s principal products are ammonia and urea and ammonium nitrate (UAN). CVR GP, LLC serves as the general partner of the company. The company's nitrogen fertilizer manufacturing facility in North America utilizes a petroleum coke, or pet coke, gasification process to produce nitrogen fertilizer. Its facility includes a 1,225 ton-per-day ammonia unit, a 2,025 ton-per-day UAN unit, and a gasifier complex with built-in redundancy having a capacity of 84 million standard cubic feet per day. The company upgrades a majority of the ammonia it produces to higher margin UAN fertilizer, an aqueous solution of UAN. Distribution, Sales, and Marketing The company's primary geographic markets for its fertilizer products are Kansas, Missouri, Nebraska, Iowa, Illinois, Colorado, and Texas. It markets the ammonia products to industrial and agricultural customers and the UAN products to agricultural customers. Its agricultural customers include distributors, such as MFA; United Suppliers, Inc.; Brandt Consolidated Inc.; Gavilon Fertilizer, LLC; Transammonia, Inc.; Agri Services of Brunswick, LLC; Interchem; and CHS Inc. The company's industrial customers include Tessenderlo Kerley, Inc.; National Cooperative Refinery Association; and Dyno Nobel, Inc. The company sells UAN products to retailers and distributors. Competition The company’s major competitors include Agrium, Koch Nitrogen, Potash Corporation, and CF Industries. History CVR Partners, LP was founded in 2007.

 

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Industry Analysis

UAN

Industry Average

Valuation UAN Industry Range
Price/Earnings 16.3x
Price/Sales 6.3x
Price/Book 4.1x
Price/Cash Flow 13.8x
TEV/Sales 5.4x
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