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8-K - FORM 8-K - CVR PARTNERS, LP | y92154e8vk.htm |
Exhibit 99.1
CVR Partners Declares Second Quarter Distribution of 40.7 Cents
SUGAR LAND, Texas (July 26, 2011) CVR Partners, LP (NYSE: UAN), a master limited
partnership and manufacturer of ammonia and urea ammonium nitrate (UAN) solution fertilizer
products, announced today declaration of a cash distribution of 40.7 cents per common unit
for the second quarter of 2011. This distribution has been prorated for the portion of the quarter falling after the
closing of CVR Partners initial public offering on April 13, 2011.
The distribution will be paid Aug. 12, 2011, to unit holders of record on Aug. 5, 2011.
Set by the board of CVR GP, LLC, the general partner of CVR Partners, this is the first such
distribution announced by the partnership since it began trading on the New York Stock Exchange on
April 8 this year.
CVR Partners previously announced that it will release its second quarter 2011 results on
Wednesday, Aug. 3, after the close of New York Stock Exchange trading. Chief Executive Officer
Byron Kelley and other executives then will host a teleconference call for analysts and investors
on Thursday, Aug. 4, at 10 a.m. Eastern time.
The teleconference call will be broadcast live over the Internet at
http://www.videonewswire.com/event.asp?id=80738. For investors or analysts who want to participate
during the call, the dial-in number is (877) 869-3847. For those unable to listen live, the
Webcast will be archived and available for 14 days at
http://www.videonewswire.com/event.asp?id=80738.
CVR Partners second quarter earnings news release will be distributed via PR Newswire and posted
at www.CVRPartners.com.
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About CVR Partners, LP
Headquartered in Sugar Land, Texas, with manufacturing facilities located in Coffeyville, Kan., CVR
Partners, LP is a Delaware limited partnership focused primarily on the manufacture of nitrogen
fertilizers. The CVR Partners nitrogen fertilizer manufacturing facility is the only operation in
North America that uses a petroleum coke gasification process to produce nitrogen fertilizer and
includes a 1,225 ton-per-day ammonia unit, a 2,025 ton-per-day urea ammonium nitrate unit, and a
dual-train gasifier complex having a capacity of 84 million standard cubic feet per day of
hydrogen.
For further information, please contact: Investor Relations: Jay Finks 281-207-3588 InvestorRelations@CVRPartners.com |
Media Relations: Steve Eames 281-207-3550 MediaRelations@CVRPartners.com |