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Financial Performance - CVR Energy reported a net loss attributable to stockholders of $124 million for Q3 2024, compared to a net income of $353 million in Q3 2023, resulting in a loss per diluted share of $1.24 versus earnings of $3.51 per share in the prior year [1][29] - The company's EBITDA loss for Q3 2024 was $35 million, a significant decline from an EBITDA of $530 million in Q3 2023 [1][29] - Adjusted EBITDA for Q3 2024 was $63 million, down from $313 million in Q3 2023, while adjusted loss per diluted share was 50 cents compared to adjusted earnings of $1.89 per share in the previous year [1][29] Segment Performance - The Petroleum Segment experienced a net loss of $110 million and an EBITDA loss of $75 million in Q3 2024, compared to a net income of $460 million and EBITDA of $484 million in Q3 2023 [3][34] - The Nitrogen Fertilizer Segment reported net income of $4 million and EBITDA of $36 million on net sales of $125 million for Q3 2024, an improvement from a net income of $1 million and EBITDA of $32 million on net sales of $131 million in Q3 2023 [6][34] Operational Metrics - Combined total throughput for Q3 2024 was approximately 189,000 barrels per day (bpd), down from approximately 212,000 bpd in Q3 2023 [4][39] - The refining margin for Q3 2024 was $44 million, or $2.53 per total throughput barrel, a sharp decline from $607 million, or $31.05 per barrel, in the same period of 2023 [5][38] - Average realized gate prices for UAN increased by 3% to $229 per ton, and ammonia prices rose by 9% to $399 per ton compared to Q3 2023 [8][45] Cash and Debt Position - As of September 30, 2024, consolidated cash and cash equivalents were $534 million, a decrease of $47 million from December 31, 2023, while total debt and finance lease obligations stood at $1.6 billion [11][32] - The company announced it will not pay a cash dividend for Q3 2024, reflecting concerns over the current margin environment [2][11] Future Outlook - The CEO indicated that the refining business was impacted by reduced throughputs due to unplanned downtime and external power supply outages, with a significant turnaround planned at the Coffeyville refinery in Q1 2025 [2][3]

Third quarter net income of $4 million, or 36 cents per common unit; EBITDA of $36 million Announced cash distribution of $1.19 per common unit SUGAR LAND, Texas, Oct. 28, 2024 (GLOBE NEWSWIRE) -- CVR Partners, LP (NYSE: UAN, "CVR Partners" or the "Partnership"), a manufacturer of ammonia and urea ammonium nitrate ("UAN") solution fertilizer products, today announced net income of $4 million, or 36 cents per common unit, and EBITDA of $36 million on net sales of $125 million for the third quarter of 2024, c ...

SAN DIEGO, Oct. 15, 2024 /PRNewswire/ -- Kintara Therapeutics, Inc. ("Kintara") (NASDAQ: KTRA), a biopharmaceutical company focused on the development of new solid tumor cancer therapies, today announced a correction to the press release previously issued by Kintara on October 14, 2024, regarding a record date for the issuance of the Contingent Value Rights ("CVRs") to stockholders of Kintara pursuant to the definitive merger agreement (the "Merger Agreement") with TuHURA Biosciences, Inc. ("TuHURA"). Kinta ...

SUGAR LAND, Texas, Oct. 15, 2024 (GLOBE NEWSWIRE) -- CVR Partners, LP (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (UAN) solution fertilizer products, plans to release its third quarter 2024 earnings results on Monday, Oct. 28, after the close of trading on the New York Stock Exchange. The Partnership also will host a teleconference call on Tuesday, Oct. 29, at 11 a.m. Eastern to discuss these results. This call, which will contain forward-looking information, will be webcast live and ca ...

SAN DIEGO, Oct. 14, 2024 /PRNewswire/ -- Kintara Therapeutics, Inc. ("Kintara") (Nasdaq: KTRA), a biopharmaceutical company focused on the development of new solid tumor cancer therapies, today announced a record date of October 17, 2024 (the "Record Date") for the issuance of Contingent Value Rights ("CVRs") to stockholders of record of Kintara as of the Record Date. As previously disclosed, in April 2024 Kintara entered into a definitive merger agreement (the "Merger Agreement") with TuHURA Biosciences, I ...

NAPERVILLE, Ill., Aug. 19, 2024 /PRNewswire/ -- On August 19, 2024 the Board of Directors of Chicago Rivet & Machine Co. (NYSE American: CVR) declared a regular quarterly dividend of ten (10) cents per share, payable September 20, 2024 to shareholders of record at the close of business on September 5, 2024. SOURCE Chicago Rivet & Machine Co. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _________________________________ Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $1.00 per share CVR NYSE American (Trading privileges only, not registered) FORM 10-Q _________________________________ (Mark One) ý QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly perio ...

CHICAGO RIVET & MACHINE CO. Summary of Consolidated Results of Operations For the Three and Six Months Ended June 30 ...