CVR Partners has already improved operations since the zero-distribution years. In the three quarters leading up to the 3Q 2022 turnaround at Coffeyville, ammonia utilization was in the 88-90% range.

To put some numbers on that, CVR Partners distributed $10.05 per unit in August of 2022, and another $1.77 in November of that year. That jumped back up to $10.50 in March of 2023 and $10.43 in May.

Introduction CVR Partners (NYSE: UAN) is a limited partnership that covers the supply chain of nitrogen fertilizer products. It operates as a growth company in the agricultural chemicals industry ...

Shares of CVR Partners (UAN 0.31%), a limited partnership that produces fertilizer products, rose a huge 12.5% out of the gate on May 2. By 11 a.m. ET or so, the gain had pared back to roughly 9% ...