|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||3.71 - 3.95|
|52-week range||2.58 - 6.95|
|PE ratio (TTM)||N/A|
|Earnings date||21 Feb 2018 - 28 Feb 2018|
|Forward dividend & yield||0.46 (12.07%)|
|1y target est||4.50|
Natural gas is one of the key input components for gas-based nitrogen fertilizer producers (MOO)(MXI) such as CF Industries (CF), Terra Nitrogen (TNH), CVR Partners (UAN), and Nutrien (NTR).
For the week ending January 5, 2018, the VanEck Vectors Agribusiness ETF (MOO) ended almost 2% higher, while the S&P 500 Index (SPY) rose 1.7%.
In the earlier part of this series, we discussed how shipments impacted CF Industries' (CF) sales. From our analysis, it's clear that a rise in selling prices remains the most important growth catalyst ...
In this part, we’ll compare the five remaining agribusiness companies’ valuation, again using forward EV-to-EBITDA (enterprise value-to-earnings before interest, tax, depreciation, and amortization) multiples. ...
So far in this series, we’ve reviewed agribusiness companies’ 2017 performance and 2018 expectations. In this part, we’ll review analysts’ sales growth estimates for 2018. As shown in the above…
Blackstone shares rose 14% in 2014, excluding dividends, but slid nearly 7%, in 2015. The investment manager, through subsidiaries, made multimillion-dollar moves in December to position for 2018 by buying more shares of Cheniere Energy Partners L.P. (CQP) and cutting back on CVR Partners L.P. (UAN). Cheniere Energy Partners owns and operates liquefied natural gas (LNG) regasification facilities.
CVR Partners, an MLP involved in nitrogen fertilizer production, was the biggest MLP gainer last week (ended December 8), rising 17.4% during the week.
CVR Partners (UAN) emerged as the top gainer last week, rising 17.4% week-over-week to close at $3.70. CF Industries (CF) followed, rising 4.4% to close at $39.30.
In 3Q17, sales growth for fertilizer companies fell slightly YoY (year-over-year). The median sales growth for the eight companies we'll be looking at in this series fell 2% YoY.
SUGAR LAND, Texas , Nov. 1, 2017 /PRNewswire/ -- CVR Partners, LP (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (UAN) solution fertilizer products, today announced a third quarter 2017 ...
SUGAR LAND, Texas , Oct. 18, 2017 /PRNewswire/ -- CVR Partners, LP (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (UAN) solution fertilizer products, today announced that it will release ...
CF Industries' ammonium nitrate segment was the only segment that experienced a YoY margin expansion from flat to 9% in the recent quarter.
According to CF Industries' recent 10Q, its realized ammonia prices fell YoY because of higher global supply and the company's increased exports.