10-Q quarterly report · filed Oct 24, 2019

Cvr Partners LP (UAN) Q3 2019 10-Q Quarterly Report

Short answer

Cvr Partners LP (UAN) filed its Q3 2019 10-Q quarterly report on Oct 24, 2019 for the quarter ended Sep 30, 2019.

Cvr Partners LP Q3 2019 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $88.6M, up $8.7M YoY, driven by favorable pricing $5.5M and volumes $3.5M
  • UAN strongest product, pricing added $4.188M and volume $5.100M; ammonia volume reduced revenue $1.602M
  • EBITDA $11.075M vs $18.594M YoY; net loss $22.976M vs $13.146M
  • Operating cash flow $33.991M vs $39.588M; available cash for distribution $8.047M vs negative $0.130M
  • Outlook: longer-term fundamentals intact, but commodity volatility, weather disruption, and East Dubuque turnaround costs $6.805M near-term headwinds

Risk Factors

  • No material risk-factor changes versus the 2018 Form 10-K
  • Operational risk: Coffeyville, Kansas property swap authorized October 22, 2019
  • Compliance risk: Property swap subject to ASC 805-50 common-control asset-transfer accounting
  • Legal risk: Property exchange involved subsidiaries of CVR Energy and CVR Partners

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

Other Cvr Partners LP quarterly reports

Ask about this quarter

Compare quarters, check guidance or see what insiders and funds did around the report.