CVR Partners

CVR Partners Provides Update on Availability of 2023 K-1 Tax Packages

Retrieved on: 
Friday, March 8, 2024

7024 legislation that, as currently written, would lower CVR Partners’ taxable income for 2023, compared to existing tax law.

Key Points: 
  • 7024 legislation that, as currently written, would lower CVR Partners’ taxable income for 2023, compared to existing tax law.
  • As previously mentioned in our February 20, 2024, press release, the timing of the availability of the 2023 K-1 tax packages could be impacted by the continued consideration of the proposed H.R.
  • 7024 legislation.
  • At this time, CVR Partners currently expects that 2023 K-1 tax packages will be available on or around March 30, 2024.

CVR Partners Files Form 10-K Annual Report For Fiscal Year Ended December 31, 2023

Retrieved on: 
Wednesday, February 21, 2024

SUGAR LAND, Texas, Feb. 21, 2024 (GLOBE NEWSWIRE) -- CVR Partners, LP (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (“UAN”) solution fertilizer products, today announced that it has filed its annual report on Form 10-K for the fiscal year ended December 31, 2023, with the Securities and Exchange Commission.

Key Points: 
  • SUGAR LAND, Texas, Feb. 21, 2024 (GLOBE NEWSWIRE) -- CVR Partners, LP (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (“UAN”) solution fertilizer products, today announced that it has filed its annual report on Form 10-K for the fiscal year ended December 31, 2023, with the Securities and Exchange Commission.
  • The annual report on Form 10-K is available free of charge through the Investor Relations link on the CVR Partners website at www.CVRPartners.com .
  • Unitholders may also receive a hard copy of the annual report on Form 10-K, which includes complete audited financial statements, free of charge upon request.
  • Please send requests to the following address:

CVR Energy Reports Fourth Quarter and Full-Year 2023 Results and Announces a Cash Dividend of 50 Cents Per Share

Retrieved on: 
Tuesday, February 20, 2024

Declared quarterly cash dividend of 50 cents for the fourth quarter 2023, bringing the cumulative cash dividends declared for 2023 to $4.50 per share.

Key Points: 
  • Declared quarterly cash dividend of 50 cents for the fourth quarter 2023, bringing the cumulative cash dividends declared for 2023 to $4.50 per share.
  • Fourth quarter 2023 EBITDA was $204 million, compared to fourth quarter 2022 EBITDA of $313 million.
  • Adjusted EBITDA for the fourth quarter of 2023 was $170 million, compared to adjusted EBITDA of $388 million in the fourth quarter of 2022.
  • CVR Energy announced a fourth quarter 2023 cash dividend of 50 cents per share.

CVR Partners Reports Fourth Quarter and Full-Year 2023 Results and Announces a Cash Distribution of $1.68

Retrieved on: 
Tuesday, February 20, 2024

Declared a fourth quarter 2023 cash distribution of $1.68 per common unit, bringing the cumulative cash distributions declared for 2023 to $17.80 per common unit.

Key Points: 
  • Declared a fourth quarter 2023 cash distribution of $1.68 per common unit, bringing the cumulative cash distributions declared for 2023 to $17.80 per common unit.
  • EBITDA was $38 million for the fourth quarter of 2023, compared to EBITDA of $122 million for the fourth quarter of 2022.
  • CVR Partners announced that the Board declared a fourth quarter 2023 cash distribution of $1.68 per common unit, which will be paid on March 11, 2024, to common unitholders of record as of March 4, 2024.
  • CVR Partners previously announced that it will host its fourth quarter and full-year 2023 Earnings Conference Call on Wednesday, February 21, at 11 a.m. Eastern.

CVR Partners to Release Fourth Quarter and Full-Year 2023 Earnings Results

Retrieved on: 
Wednesday, February 7, 2024

SUGAR LAND, Texas, Feb. 07, 2024 (GLOBE NEWSWIRE) --  CVR Partners, LP (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (UAN) solution fertilizer products, plans to release its fourth quarter and full-year 2023 earnings results on Tuesday, February 20, after the close of trading on the New York Stock Exchange.

Key Points: 
  • SUGAR LAND, Texas, Feb. 07, 2024 (GLOBE NEWSWIRE) --  CVR Partners, LP (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (UAN) solution fertilizer products, plans to release its fourth quarter and full-year 2023 earnings results on Tuesday, February 20, after the close of trading on the New York Stock Exchange.
  • The Partnership also will host a teleconference call on Wednesday, February 21, at 11 a.m. Eastern to discuss these results.
  • This call, which will contain forward-looking information, will be webcast live and can be accessed on the Investor Relations section of CVR Partners’ website at www.CVRPartners.com .
  • A repeat of the call also can be accessed for 14 days by dialing (877) 660-6853, conference ID 13744070.

Korro Bio and Frequency Therapeutics Announce Closing of Merger and Private Placement of $117 Million

Retrieved on: 
Friday, November 3, 2023

J.P. Morgan Securities LLC served as exclusive financial advisor to Korro Bio and lead placement agent on Korro Bio’s private placement.

Key Points: 
  • J.P. Morgan Securities LLC served as exclusive financial advisor to Korro Bio and lead placement agent on Korro Bio’s private placement.
  • BofA Securities, Piper Sandler and RBC Capital Markets also served as placement agents for Korro Bio’s private placement.
  • Goodwin Procter LLP served as legal counsel to Korro Bio and Davis Polk & Wardwell LLP served as the placement agents’ legal counsel.
  • TD Cowen served as exclusive financial advisor to Frequency Therapeutics and Latham & Watkins LLP served as Frequency’s legal counsel.

CVR Energy Reports Third Quarter 2023 Results, Announces a Cash Dividend of 50 Cents and a Special Dividend of $1.50

Retrieved on: 
Monday, October 30, 2023

Third quarter 2023 EBITDA was $530 million, compared to third quarter 2022 EBITDA of $181 million.

Key Points: 
  • Third quarter 2023 EBITDA was $530 million, compared to third quarter 2022 EBITDA of $181 million.
  • “CVR Energy achieved solid results for the 2023 third quarter driven by continued strong crack spreads,” said Dave Lamp, CVR Energy’s Chief Executive Officer.
  • “In addition to our third quarter 2023 cash dividend of 50 cents, our Board of Directors was pleased to approve a special dividend of $1.50 per share, bringing our year-to-date declared dividends to $4.00 per share.
  • CVR Energy announced a third quarter 2023 cash dividend of 50 cents per share.

CVR Partners Reports Third Quarter 2023 Results and Announces a Cash Distribution of $1.55

Retrieved on: 
Monday, October 30, 2023

EBITDA was $32 million for the third quarter of 2023, compared to EBITDA of $10 million for the third quarter of 2022.

Key Points: 
  • EBITDA was $32 million for the third quarter of 2023, compared to EBITDA of $10 million for the third quarter of 2022.
  • “CVR Partners posted solid operating results for the 2023 third quarter driven by safe, reliable operations with a combined ammonia production rate of 99 percent,” said Mark Pytosh, Chief Executive Officer of CVR Partners’ general partner.
  • CVR Partners also announced that on October 30, 2023, the Board of Directors of the Partnership’s general partner (the “Board”) declared a third quarter 2023 cash distribution of $1.55 per common unit, which will be paid on November 20, 2023, to common unitholders of record as of November 13, 2023.
  • CVR Partners previously announced that it will host its third quarter 2023 Earnings Conference Call on Tuesday, October 31, at 11 a.m. Eastern.

CVR Partners to Release Third Quarter 2023 Earnings Results

Retrieved on: 
Tuesday, October 17, 2023

SUGAR LAND, Texas, Oct. 17, 2023 (GLOBE NEWSWIRE) -- CVR Partners, LP (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (UAN) solution fertilizer products, plans to release its third quarter 2023 earnings results on Monday, October 30, after the close of trading on the New York Stock Exchange.

Key Points: 
  • SUGAR LAND, Texas, Oct. 17, 2023 (GLOBE NEWSWIRE) -- CVR Partners, LP (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (UAN) solution fertilizer products, plans to release its third quarter 2023 earnings results on Monday, October 30, after the close of trading on the New York Stock Exchange.
  • The Partnership also will host a teleconference call on Tuesday, October 31, at 11 a.m. Eastern to discuss these results.
  • This call, which will contain forward-looking information, will be webcast live and can be accessed on the Investor Relations section of CVR Partners’ website at www.CVRPartners.com .
  • A repeat of the call also can be accessed for 14 days by dialing (877) 660-6853, conference ID 13741670.

Regeneron Completes Acquisition of Decibel Therapeutics, Adding Promising Gene Therapy Programs for Hearing Loss

Retrieved on: 
Monday, September 25, 2023

TARRYTOWN, N.Y., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) today announced that it has successfully completed its acquisition of Decibel Therapeutics, Inc., strengthening the company’s gene therapy and auditory programs.

Key Points: 
  • TARRYTOWN, N.Y., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) today announced that it has successfully completed its acquisition of Decibel Therapeutics, Inc., strengthening the company’s gene therapy and auditory programs.
  • The acquisition of Decibel builds on prior collaboration between the companies and includes three ongoing gene therapy programs targeting different forms of congenital, monogenic hearing loss.
  • Preclinical programs include AAV.103 for people with GJB2-related hearing loss and AAV.104 for people with stereocilin (STRC)-related hearing loss.
  • Following its acceptance of the tendered shares, Regeneron completed its acquisition of Decibel through a second step merger of Symphony Acquisition Sub, Inc., with and into Decibel.