CVR Partners, LP (UAN)

In the past six months, CVR Partners LP (UAN) stock has experienced positive performance, with a 6-month return of +6.24% and a 1-year return of +28.55% as of early February 2026. Key events include a strong Q3 2025 earnings report in October 2025, preliminary Q4 and full-year 2025 results in January 2026, a new COO appointment in January 2026, the outlining of 2026 capital spending and growth plans in January 2026, the announcement of the Q4 and full-year 2025 earnings release in February 2026, and the stock being highlighted as a "Bullish 10%-Yielder" hitting a record high in February 2026. CVR Partners has received a consensus "Buy" rating from analysts.

Demand for CVR Partners LP's nitrogen fertilizer products is seasonal due to their application in agriculture, closely tied to planting seasons. Management has highlighted robust demand for nitrogen fertilizers, buoyed by attractive farmer economics and favorable weather conditions, setting a positive tone for the spring planting season. Ammonia demand for fall application has also been noted as strong. Tight nitrogen fertilizer inventories and strong export opportunities contribute to robust demand.

CVR Partners LP (UAN) is a publicly traded master limited partnership focused on producing and supplying nitrogen fertilizer products, operating in the Agricultural Inputs industry within the Basic Materials sector. The company's main products are Urea Ammonium Nitrate (UAN) and ammonia, with a primary focus on UAN sales to agricultural customers. CVR Partners operates two nitrogen fertilizer manufacturing facilities, one in Coffeyville, Kansas, utilizing a petroleum coke gasification process, and another in East Dubuque, Illinois, using natural gas as its feedstock.

CVR Partners LP's primary geographic markets are in the central United States, including Kansas, Missouri, Nebraska, Iowa, Illinois, Colorado, and Texas. While its main operational footprint is in southeastern Kansas, the company distributes its products to farming operations across the continental United States, primarily serving growers in the U.S. Midwest, Great Plains, and other key crop-growing regions.

CVR Partners LP's brand reputation in the past year appears to be generally positive, particularly within the investment community, with a consensus "Buy" rating from analysts. This positive sentiment is driven by strong financial performance, operational excellence, and a commitment to unitholder returns through distributions. Consistently strong quarterly earnings and significant cash distributions reinforce a positive reputation for financial health and investor returns. Achieving high ammonia plant utilization rates demonstrates operational efficiency and reliability, which positively impacts reputation. Announcements regarding increased ammonia production capacity and capital spending for growth projects indicate a forward-looking and expanding business, which can enhance reputation. Plans to equip nitric acid plants with selective catalytic reduction units align with sustainability strategies, which can positively influence brand reputation.

The ownership of CVR Partners LP (UAN) is a mix of institutional, individual, and public company investors. Institutional owners hold a significant portion of the shares, with 78 institutional owners holding a total of 5,410,368 shares, accounting for approximately 51.51% of shares outstanding. Carl Icahn owns the most shares of CVR Partners LP individually, and insiders hold approximately 0.36% of the stock. CVR Energy subsidiaries serve as the general partner of CVR Partners and own 37% of the common units representing limited partner interests.