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Cvr Partners Lp's Customers Performance
UAN
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UAN's Source of Revenues |
In the Q1, Cvr Partners Lp's corporate clients experienced a deterioration by -23.38 % in their costs of revenue, compared to a year ago, sequentially costs of revenue grew by 58.77 %. During the corresponding time, Cvr Partners Lp While revenue at the Cvr Partners Lp's corporate clients fell by -28.76 % year on year, sequentially revenue grew by 22.46 %.
• List of UAN Customers
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Customers of Cvr Partners Lp saw their costs of revenue deteriorate by -23.38 % in Q1 compare to a year ago, sequentially costs of revenue grew by 58.77 %, for the same period Cvr Partners Lp
• List of UAN Customers
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Customers recorded net loss in Q1 |
Customers recorded net loss |
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Cvr Partners Lp's Comment on Sales, Marketing and Customers
We sell UAN products to retailers and distributors. In addition, we sell ammonia
to agricultural and industrial customers. Given the nature of our business,
and consistent with industry practice, we do not have long-term minimum purchase
contracts with most of our UAN and ammonia customers.
The primary geographic markets for our fertilizer products are Illinois, Kansas,
Nebraska, Iowa, and Texas. We primarily market the UAN products to agricultural
customers and ammonia products to agricultural and industrial customers.
UAN and ammonia are primarily distributed by truck or by railcar. If delivered
by truck, products are most commonly sold on a FOB shipping point basis, and
freight is normally arranged by the customer. We lease and own a fleet of railcars
for use in product delivery, and, if delivered by railcar, our products are
most commonly sold on a FOB destination point basis and we typically arrange
the freight. We incur costs to maintain and repair our railcar fleet that include
expenses related to regulatory inspections and repairs. For example, many of
our railcars require specific regulatory inspections and repairs due on ten-year
intervals. The extent and frequency of railcar fleet maintenance and repair
costs are generally expected to change based partially on when regulatory inspections
and repairs are due for our railcars under the relevant regulations.
The East Dubuque Facility is located in northwest Illinois, in the corn belt.
The East Dubuque Facility primarily sells its product to customers located within
200 miles of the facility. In most instances, customers take delivery of nitrogen
products at the East Dubuque Facility and arrange and pay to transport them
to their final destinations by truck. The East Dubuque Facility has direct access
to a barge dock on the Mississippi River as well as a nearby rail spur serviced
by the Canadian National Railway Company.
The heavy in-season demand periods are spring and fall in the corn belt and
summer in the wheat belt. The corn belt is the primary corn producing region
of the United States, which includes Illinois, Indiana, Iowa, Minnesota, Missouri,
Nebraska, Ohio and Wisconsin. The wheat belt is the primary wheat producing
region of the United States, which includes Kansas, North Dakota, Oklahoma,
South Dakota and Texas. Most of our industrial sales are contractual agreements.
We have the capacity to store approximately 160,000 tons of UAN and 80,000 tons
of ammonia. Our storage tanks are located primarily at our two production facilities.
Inventories are often allowed to accumulate to allow customers to take delivery
to meet the seasonal demand.
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Cvr Partners Lp's Comment on Sales, Marketing and Customers
We sell UAN products to retailers and distributors. In addition, we sell ammonia
to agricultural and industrial customers. Given the nature of our business,
and consistent with industry practice, we do not have long-term minimum purchase
contracts with most of our UAN and ammonia customers.
The primary geographic markets for our fertilizer products are Illinois, Kansas,
Nebraska, Iowa, and Texas. We primarily market the UAN products to agricultural
customers and ammonia products to agricultural and industrial customers.
UAN and ammonia are primarily distributed by truck or by railcar. If delivered
by truck, products are most commonly sold on a FOB shipping point basis, and
freight is normally arranged by the customer. We lease and own a fleet of railcars
for use in product delivery, and, if delivered by railcar, our products are
most commonly sold on a FOB destination point basis and we typically arrange
the freight. We incur costs to maintain and repair our railcar fleet that include
expenses related to regulatory inspections and repairs. For example, many of
our railcars require specific regulatory inspections and repairs due on ten-year
intervals. The extent and frequency of railcar fleet maintenance and repair
costs are generally expected to change based partially on when regulatory inspections
and repairs are due for our railcars under the relevant regulations.
The East Dubuque Facility is located in northwest Illinois, in the corn belt.
The East Dubuque Facility primarily sells its product to customers located within
200 miles of the facility. In most instances, customers take delivery of nitrogen
products at the East Dubuque Facility and arrange and pay to transport them
to their final destinations by truck. The East Dubuque Facility has direct access
to a barge dock on the Mississippi River as well as a nearby rail spur serviced
by the Canadian National Railway Company.
The heavy in-season demand periods are spring and fall in the corn belt and
summer in the wheat belt. The corn belt is the primary corn producing region
of the United States, which includes Illinois, Indiana, Iowa, Minnesota, Missouri,
Nebraska, Ohio and Wisconsin. The wheat belt is the primary wheat producing
region of the United States, which includes Kansas, North Dakota, Oklahoma,
South Dakota and Texas. Most of our industrial sales are contractual agreements.
We have the capacity to store approximately 160,000 tons of UAN and 80,000 tons
of ammonia. Our storage tanks are located primarily at our two production facilities.
Inventories are often allowed to accumulate to allow customers to take delivery
to meet the seasonal demand.
UAN's vs. Customers, Data
(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)
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