CVR Partners LP (NYSE:UAN)
$ 75.63 0.61 (0.81%) Market Cap: 799.38 Mil Enterprise Value: 1.29 Bil PE Ratio: 9.62 PB Ratio: 2.69 GF Score: 79/100

Q1 2020 CVR Partners LP Earnings Call Transcript

May 07, 2020 / 03:00PM GMT
Release Date Price: $8.8 (+6.64%)
Operator

Greetings, and welcome to the CVR Partners, LP First Quarter 2020 Conference Call. (Operator Instructions) As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Mr. Jay Finks, Vice President of Finance and Treasurer. Thank you. You may begin.

Jay Finks
CVR Refining, LP - IR Contact

Thank you, Michelle.

Good morning, everyone. We appreciate your participation in today's call. With me today are Mark Pytosh, our Chief Executive Officer; Tracy Jackson, our Chief Financial Officer; and other members of management.

Prior to discussing our 2020 first quarter results, let me remind you that we are a variable distribution MLP. We will review our previous established reserves, current cash usage, evaluate future anticipated cash need and may reserve amounts for other future cash need as determined by our general partner's Board. As a result, our distributions, if any, will vary from quarter-to-quarter due to several factors, including, but not limited to, operating performance, fluctuations in prices

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