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Cvr Partners, Lp's Definitive Proxy Statement (Form DEF 14A) filed after their 2018 10-K Annual Report includes:
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The $4.9 million decrease was primarily due to the third quarter 2017 turnaround at the East Dubuque Facility, which resulted in turnaround expenses of $2.5 million, coupled with decreases in repairs and maintenance costs and personnel costs as a result of turnaround activities.
Net cash flows from our operating activities decreased from the nine months ended September 30, 2017 as compared to the nine months ended September 30, 2018, primarily due to decreased net income offset by changes in working capital.
The decrease in ammonia sales volumes for the three months ended September 30, 2018 as compared to the three months ended September 30, 2017 was primarily attributable to less inventory available for sale at the beginning of the third quarter of 2018 as compared to the same quarter in the prior year.
Adjusted EBITDA is defined as EBITDA further adjusted for the impact of i major scheduled turnaround expenses, ii gain or loss on extinguishment of debt and iii business interruption insurance recovery, when applicable.
The decrease in UAN and ammonia sales volumes for the nine months ended September 30, 2018 compared to the nine months ended September 30, 2017 was primarily attributable to lower production resulting from planned and unplanned downtime during the nine months ended September 30, 2018.
Net increase in cash and...Read more
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CVR Energy, which indirectly owns...Read more
For example, we may experience...Read more
The decrease in ammonia sales...Read more
the risk of a material...Read more
There was more inventory available...Read more
our potential inability to successfully...Read more
the dependence of our operations...Read more
Additionally, we experienced lower utility...Read more
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any other statements preceded by,...Read more
The $2.2 million decrease was...Read more
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Financial Statements, Disclosures and Schedules
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Cvr Partners, Lp provided additional information to their SEC Filing as exhibits
Ticker: UAN
CIK: 1425292
Form Type: 10-Q Quarterly Report
Accession Number: 0001425292-18-000059
Submitted to the SEC: Thu Oct 25 2018 1:23:19 PM EST
Accepted by the SEC: Thu Oct 25 2018
Period: Sunday, September 30, 2018
Industry: Agricultural Chemicals