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Stock Market & Financial Investment News

News Breaks
February 26, 2013
08:31 EDTUANCoffeyville Resources agrees to partial settlement with Montgomery County
Coffeyville Resources Nitrogen Fertilizers, a subsidiary of CVR Partners, announced that it has reached a partial settlement with Montgomery County, Kan., regarding property taxes paid under protest since 2008 for its fertilizer plant in Coffeyville, Kan. Under the agreement, the fertilizer plant will be appraised at a total value of $35M for tax years 2013 to 2016, which will lower the fertilizer plant's property taxes by $10.5M per year based on current mill levy rates. The settlement also states that the county will retain $48.4 million in taxes the company has paid under protest for tax years 2009 to 2012. Additionally, the settlement states the company will continue its appeal of its 2008 property tax case and the county will make a payment to the company for the 2008 tax year upon the final conclusion of the appeal, with the amount of the payment based on the appeal's outcome.
News For UAN From The Last 14 Days
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February 19, 2015
08:33 EDTUANCVR Partners reports Q4 average realized gate prices for UAN $247 per ton
Reports Q4 averaged realized gate prices for ammona $547 per ton. CVR Partners produced 105,900 tons of ammonia and purchased an additional 3,900 tons of ammonia during the fourth quarter of 2014, of which 4,400 net tons were available for sale while the rest was upgraded to 259,600 tons of UAN. In the 2013 fourth quarter, the plant produced 98,900 tons of ammonia and purchased an additional 12,300 tons of ammonia, of which 1,600 net tons were available for sale while the remainder was upgraded to 270,100 tons of UAN.
08:32 EDTUANCVR Partners reports Q4 EPS 34c, consensus 23c
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