Business overview: A must-know investor’s guide to CVR Partners
As of January 24, 2014, the market assigned a value of $1.3 billion to the company, with a trailing PE ratio of 12.48x and dividend yield of 9.86%.
Why record exports from China will keep fertilizer prices low
Urea export shifting world dynamics As increased production led to higher supply, it created a ripple effect on China’s urea export. While historically, export volumes were close to zero from March to June (when export taxes were higher), in order to keep fertilizer prices low in China, the country was still exporting some 200,000 tonnes […]
Wholesale ammonia prices have been crashing
Ammonia prices Wholesale ammonia prices are a key driver of revenue for fertilizer companies, such as CF Industries Inc. (CF), Agrium Inc. (AGU), Potash Corp. (POT) and Rentech Inc. (RTK). Naturally, higher ammonia prices are positive for these nitrogenous fertilizer producers’ revenues, earnings, cash flows and share prices. But lower prices are negative. Falling wholesale […]
World urea prices fall to $320, negative for fertilizer stocks
Fertilizer prices: Influential to revenues The price of fertilizer is a key metric that influences fertilizer companies’ revenues. This is especially true for nitrogenous fertilizer producers because demand for their products, such as ammonia and urea, is more price inelastic compared to demand for potash and phosphate, as farmers must reapply them year-over-year to help […]