Q3 2024 CVR Partners LP Earnings Call

In This Article:

Participants

Richard Roberts; IR Contact Officer; CVR Partners LP

Mark Pytosh; President, Chief Executive Officer, Director of the General Partner; CVR Partners LP

Dane Neumann; Chief Financial Officer, Executive Vice President, Treasurer, Assistant Secretary; CVR Partners LP

Presentation

Operator

Greetings and welcome to the CV R partners third quarter, 2024 conference call. At this time, all participants are in a listen-only mode, a brief question and answer session will follow the formal presentation.
If anyone should require operator assistance during the conference, please press star zero on your telephone keypad.
As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, Richard Roberts of Financial Planning and Analysis and investor relations. Thank you, sir. You may begin.

Richard Roberts

Thank you, Christine. Good morning, everyone. We appreciate your participation in today's call with me today are Mark Pytosh, our Chief Executive Officer, Dan Newman, our Chief Financial Officer and other members of management. Prior to discussing our 2024 3rd quarter results, let me remind you that this conference call may contain forward-looking statements as that term is defined under federal securities laws for this purpose. Any statements made during this call that are not statements of historical facts may be deemed to be forward-looking statements.
You will caution that these statements may be affected by important factors set forth in our filings with the Securities and Exchange Commission and in our latest earnings release as a result, actual operations or results may differ materially from the results discussed in the forward-looking statements. We undertake no obligation to publicly update any forward-looking statements whether as a result of new information, public events or otherwise, except to the extent required by law.
This call also includes various Non-GAAP financial measures. The disclosures related to such Non-GAAP measures including reconciliation to the most directly comparable GAAP. Financial measures are included in our 2024 3rd quarter earnings release that we filed with the SEC for the period.
Let me also remind you that we are a variable distribution. MLP, we will review our previously established reserves, current cash usage, evaluate future anticipated cash needs and may reserve amounts for other future cash needs as determined by our general partner's board. As a result, our distributions if any will vary from quarter to quarter due to several factors including but not limited to operating performance, fluctuations in the prices received for finished products, capital expenditures and cash reserves deemed necessary or appropriate by the board of directors of our general partner. With that said, I'll turn the call over to Mark Pytosh, our Chief Executive Officer, Mark.

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