Added to YB: 2024-09-06
Pitch date: 2024-09-05
UAN [bullish]
CVR Partners, LP
+64.35%
current return
Author Info
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Company Info
CVR Partners, LP, together with its subsidiaries, engages in the production and sale of nitrogen fertilizer in the United States.
Market Cap
$735.4M
Pitch Price
$58.10
Price Target
N/A
Dividend
9.72%
EV/EBITDA
6.58
P/E
12.08
EV/Sales
2.34
Sector
Chemicals
Category
special_situation
UAN (CVR Partners) - Special Situation with Yield
UAN: 10% yield + potential buyout by parent CVR Energy. Strong Q2: $133M sales, $26M net income, $54M EBITDA. 17% FCF yield. Icahn influence. Strategic advantages: low-cost producer, Midwest proximity. Risks: fertilizer price volatility. Q2 call: 102% ammonia utilization, strong fall pricing. CVR exploring strategic options.
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