CVR Partners traded at $137.10 this Thursday March 26th, decreasing $1.04 or 0.75 percent since the previous trading session. Looking back, over the last four weeks, CVR Partners lost 37.71 percent. Over the last 12 months, its price rose by 81.61 percent. Looking ahead, we forecast CVR Partners to be priced at 134.00 by the end of this quarter and at 122.29 in one year, according to Trading Economics global macro models projections and analysts expectations.
CVR Partners, LP is a limited partnership formed by CVR Energy, Inc. (CVR Energy) focused on e production, marketing, and distribution of nitrogen fertilizer products. The Partnership produces nitrogen fertilizer products at two manufacturing facilities, which are located in Coffeyville, Kansas (the Coffeyville Facility) and East Dubuque, Illinois (the East Dubuque Facility). The two manufacturing facilities manufacture ammonia and other nitrogen fertilizer products, principally urea ammonium nitrate (UAN). The Nitrogen fertilizer is used by farmers to improve the yield of crops, primarily corn and wheat. The Partnership’s products are sold on a wholesale basis in the United States of America. Its Coffeyville, Kansas, nitrogen fertilizer manufacturing facility includes a 1,300 ton-per-day ammonia unit, a 3,000 ton per-day UAN unit and a dual-train gasifier having a capacity of 89 million standard cubic feet per day of hydrogen.