|Bid||2.50 x 100|
|Ask||3.15 x 2000|
|Day's range||3.00 - 3.04|
|52-week range||2.58 - 5.05|
|PE ratio (TTM)||N/A|
|Earnings date||26 Apr 2018|
|Forward dividend & yield||0.46 (14.74%)|
|1y target est||5.13|
Natural gas prices, which are key to US nitrogen fertilizer producers (MOO), were broadly lower during the week of April 4 to April 11, 2018, as reported by the EIA (U.S. Energy Information Administration).
In the week that ended on April 13, 2018, urea prices were broadly flat to negative at the NOLA (New Orleans) and Brazil locations. The weakness in urea prices was a continuation of the trend we’ve observed in the last six consecutive weeks. Last week, granular urea prices at the NOLA location in the United States fell as much as 3.5% week-over-week to $200 per metric ton from $207 per metric ton in the previous week.
SUGAR LAND, Texas, April 12, 2018-- CVR Partners, LP, a manufacturer of ammonia and urea ammonium nitrate solution fertilizer products, today announced that it will release its 2018 first quarter results ...
Natural gas prices affect the profitability of nitrogen as well phosphate producers (XLB) such as Mosaic (MOS), Nutrien (NTR), CF Industries (CF), and CVR Partners (UAN). Low natural gas prices help these companies stay competitive and keep fertilizers affordable.
Last week, the VanEck Vectors Agribusiness ETF (MOO) ended the week in positive territory with a rise 46 basis points week-over-week, while the S&P 500 Index rose by 1.1%. The market experienced high volatility stemming from fears of a trade war between the US and China along with negative movements in the tech sector.
In the recent quarters, fertilizer companies (MOO) have rationalized their output and costs to survive the downward momentum in fertilizer prices. The trend was also evident in potash, phosphate, and nitrogen fertilizers. More recently, prices of natural gas, a key input for nitrogen fertilizers, have also trended lower and are estimated to further decline in 2019. Learn more in How Did Fertilizer Prices Move Last Week? On the other hand, the realized prices have increased in 4Q17 as we discussed earlier.
SUGAR LAND, Texas , Feb. 22, 2018 /PRNewswire/ -- CVR Partners, LP (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (UAN) solution fertilizer products, today announced a fourth quarter ...