10-Q quarterly report · filed Apr 25, 2019

Cvr Partners LP (UAN) Q1 2019 10-Q Quarterly Report

Short answer

Cvr Partners LP (UAN) filed its Q1 2019 10-Q quarterly report on Apr 25, 2019 for the quarter ended Mar 31, 2019.

Cvr Partners LP Q1 2019 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Net sales $91.9M, up $12.0M YoY, driven by $22M pricing gains offset by $10.0M volume reductions
  • Net loss $6.1M vs $19.1M; EBITDA $26.0M vs $13.0M
  • UAN strongest pricing contribution, $20.76M favorable variance; volume variance $(9.975M)
  • Operating cash flow $51.9M vs $14.5M; cash $96.6M, total liquidity $121.6M
  • First-quarter distribution $0.07 per unit; 2019 capital spending forecast $20M to $25M, with wet weather delaying planting season

Risk Factors

  • No material changes from risk factors disclosed in the 2018 Form 10-K
  • Carried-forward regulatory, legal and compliance risks unchanged from the 2018 Form 10-K
  • Carried-forward operational and market risks unchanged from the 2018 Form 10-K
  • Carried-forward financial risks unchanged from the 2018 Form 10-K

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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