CVR Partners Reports Third Quarter 2026 Net Loss Amid Facility Maintenance
CVR Partners (UAN) reported a net loss of $11 million for the third quarter of 2026, a significant decline from the $43 million net income recorded in the same period last year. The downturn was primarily driven by lower sales prices for urea ammonium nitrate (UAN) and substantial turnaround expenses totaling approximately $27 million related to a 41-day planned maintenance event at the East Dubuque facility. Despite the loss, the company successfully completed brownfield capacity expansion projects at East Dubuque, which are expected to increase ammonia production capacity by 5%. While UAN sales volumes remained relatively flat compared to the prior year, average UAN prices fell by 11% to $309 per ton. The company maintains a liquidity position of $203 million and has declared a cash distribution of $1.79 per common unit.
Topics: Ammonia Production EBITDA Net Loss Net Sales UAN Sales
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Part of the story CNA Financial Reports Third Quarter 2026 Net Income of $196 Million (16 articles)