CVR Partners is a high-quality nitrogen fertilizer partnership (ROE 48%, Piotroski 8/9) trading at an attractive valuation, but leverage, a yield-trap warning and middling momentum leave little near-term upside to the $131.25 resistance level.
Thesis pillars
- Attractive Valuation Deep Value→Stable
- Limited Near Term Upside→Stable
- High Quality High Roe Business→Stable
- +2 more pillars — see the Why tab for full reasoning
Pillars as of Oct 24, 2026, based on the 10-K filed Feb 18, 2026
CVR Partners, LP (UAN) Stock Analysis
Oversold Bounce setup · Sector Rotation edge
Basic Materials · Agricultural Inputs
Wait for pullback to $108.26. Weak momentum — blocks BUY_NOW at $112.02. Engine's entry $108.26 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Sector modifier (Basic Materials): -0.1; Leverage penalty (D/E 1.7): -1.0.
CVR Partners produces and distributes nitrogen fertilizer products — primarily urea ammonium nitrate (UAN) and ammonia — from two manufacturing facilities in Coffeyville, Kansas and East Dubuque, Illinois, selling wholesale to agricultural and industrial customers across the... Read more
Wait for pullback to $108.26. Weak momentum — blocks BUY_NOW at $112.02. Engine's entry $108.26 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Sector modifier (Basic Materials): -0.1; Leverage penalty (D/E 1.7): -1.0. Chart setup: Oversold RSI 15, near Bollinger lower, volume surge. Value play: 41% MoS with quality 8.2. Score 6.7/10, moderate confidence.
Passes 5/7 gates (clean insider activity, no SEC red flags, earnings proximity 103d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum. Suitability: aggressive.
About CVR Partners, LP
About CVR Partners, LP
CVR Partners generates approximately 67% of net sales from urea ammonium nitrate (UAN) and 24% from ammonia, produced at two facilities — a Coffeyville, Kansas plant with 1,300-ton-per-day ammonia and 3,100-ton-per-day UAN capacity, and an East Dubuque, Illinois plant with 1,075-ton-per-day ammonia and 950-ton-per-day UAN capacity. The partnership's top two customers accounted for 28% of net sales in 2025, and its Coffeyville facility sourced approximately 36% of its pet coke feedstock from an adjacent refinery operated by affiliate CVR Energy.
CVR Partners sells UAN mainly to retailers and distributors and ammonia to agricultural and industrial customers, under wholesale contracts or purchase orders that typically carry fixed pricing and terms under one year. The Coffeyville facility is the only nitrogen fertilizer plant in North America that gasifies petroleum coke — sourced partly from CVR Energy's adjacent refinery and partly from third parties — into hydrogen feedstock, while the East Dubuque facility instead uses natural gas delivered via the Northern Natural Gas interstate pipeline system. Products move to customers by railcar (mainly Union Pacific and Burlington Northern Santa Fe), truck, and barge via direct Mississippi River dock access. CVR Partners competes against CF Industries, Nutrien, Koch Fertilizer, and LSB Industries, several of which have greater financial resources.
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CVR Partners' feedstock dependence runs directly through its corporate affiliate: approximately 36% of the pet coke used to gasify hydrogen at the Coffeyville facility in 2025 came from CVR Energy's adjacent refinery under the Coffeyville Master Services Agreement, down from 46% in 2024 and 43% in 2023, with the remainder sourced from third parties by truck, railcar, or barge. Because the Coffeyville facility is the only North American nitrogen fertilizer plant built around pet coke gasification rather than natural gas, any disruption at the neighboring CVR Energy refinery would have no directly comparable feedstock substitute among domestic peers, which uniformly use natural gas.
See also: Basic Materials · Agricultural Inputs
From CVR Partners, LP's most recent 10-K filing, extracted July 6, 2026.
Recent developments
updated Nov 4, 2026Recent Developments — CVR Partners, LP
Latest news
- NEWS CVR Partners: Buy The Dip Ahead Of Its Coming Rebound (NYSE:UAN) - Seeking Alpha — Seeking Alpha Nov 4, 2026 positive
- NEWS CVR Partners Q3 Earnings Call Highlights - Yahoo Finance — Yahoo Finance Nov 4, 2026 neutral
- NEWS CVR Partners (UAN) Declares $1.79 Quarterly Dividend Amid Mixed Financial Signals - GuruFocus — GuruFocus Nov 3, 2026 neutral
- NEWS CVR Partners, LP Q3 2026 Earnings Call Summary - Yahoo Finance — Yahoo Finance Nov 3, 2026 neutral
- NEWS CVR Partners (UAN) Reports Q3 Loss Amid Revenue Decline; Dividen - GuruFocus — GuruFocus Nov 3, 2026 negative
Latest item Nov 4, 2026 · Generated 2026-11-05T11:29:02Z.
Upcoming dated catalysts
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Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
1 floor-breaker·3 ceiling hits
Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Wait for pullback to $108.26. Weak momentum — blocks BUY_NOW at $112.02. Engine's entry $108.26 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Sector modifier (Basic Materials): -0.1; Leverage penalty (D/E 1.7): -1.0. Chart setup: Oversold RSI 15, near Bollinger lower, volume surge. Value play: 41% MoS with quality 8.2. Target $131.25 (+17.2%), stop $100.68 (−11.3%), A.R:R 0.0:1. Score 6.7/10, moderate confidence.
Take-profit target: $131.25 (+21.2% upside). Target $131.25 (+17.2%), stop $100.68 (−11.3%), A.R:R 0.0:1. Stop-loss: $100.68.
Sector modifier (Basic Materials): -0.1; Leverage penalty (D/E 1.7): -1.0; Negative momentum.
CVR Partners, LP trades at a P/E of 11.1 (forward -17.8). TrendMatrix value score: 8.7/10. Verdict: Buy (Wait for Entry).
8 analysts rate UAN, with a consensus score of 2.3/5.
What does CVR Partners, LP do?CVR Partners produces and distributes nitrogen fertilizer products — primarily urea ammonium nitrate (UAN) and ammonia...
CVR Partners produces and distributes nitrogen fertilizer products — primarily urea ammonium nitrate (UAN) and ammonia — from two manufacturing facilities in Coffeyville, Kansas and East Dubuque, Illinois, selling wholesale to agricultural and industrial customers across the United States. UAN accounted for approximately 67% of 2025 net sales and ammonia 24%, with the top two customers representing 28% of net sales. The Coffeyville facility sourced approximately 36% of its pet coke feedstock in 2025 from an adjacent refinery operated by affiliate CVR Energy.