CVR Energy faced weak refining margins and high turnaround costs, but improving crack spreads and cost efficiencies offer cautious optimism for a rebound. Turnaround-related headwinds are largely behind, setting up Q3 for margin improvement, though execution remains a 'show-me story.' I expect dividend resumption in 2026, likely at a lower base, with special dividends possible during strong cycles; balance sheet progress is encouraging.
CVR Partners delivered a higher-than-expected Q2 distribution, driven by stronger fertilizer prices and limited operational reserves for upcoming plant maintenance. Favorable global supply-demand dynamics and persistent high fertilizer prices support a double-digit yield outlook for 2025 and 2026, even after the recent price gains. Operational improvements and de-bottlenecking projects should boost capacity, while upcoming plant turnarounds will temporarily lower distributions but not threaten the long-term yield.
CVR Partners is a compelling value play, benefiting from rising fertilizer prices and geopolitical risks impacting European natural gas supplies. UAN offers a strong 10% dividend yield, stable operations, and low correlation with the broader market, making it an attractive portfolio hedge. Geopolitical tensions in the Middle East, particularly around the Strait of Hormuz, could trigger a surge in European gas prices, improving fertilizer economics for US producers.
![]() CVR In 4 weeks Estimated | Quarterly | $0.03 Per Share |
![]() CVR 2 months ago Paid | Quarterly | $0.03 Per Share |
![]() CVR 5 months ago Paid | Quarterly | $0.03 Per Share |
![]() CVR 8 months ago Paid | Quarterly | $0.03 Per Share |
![]() CVR 11 months ago Paid | Quarterly | $0.1 Per Share |
![]() CVR 5 Jun 2024 Paid | Quarterly | $0.1 Per Share |
12 Aug 2025 (In 4 days) Date | | - Cons. EPS | - EPS |
8 May 2025 Date | | - Cons. EPS | 0.42 EPS |
26 Mar 2025 Date | | - Cons. EPS | - EPS |
5 Nov 2024 Date | | - Cons. EPS | - EPS |
7 Aug 2024 Date | | - Cons. EPS | - EPS |
![]() CVR In 4 weeks Estimated | Quarterly | $0.03 Per Share |
![]() CVR 2 months ago Paid | Quarterly | $0.03 Per Share |
![]() CVR 5 months ago Paid | Quarterly | $0.03 Per Share |
![]() CVR 8 months ago Paid | Quarterly | $0.03 Per Share |
![]() CVR 11 months ago Paid | Quarterly | $0.1 Per Share |
![]() CVR 5 Jun 2024 Paid | Quarterly | $0.1 Per Share |
12 Aug 2025 (In 4 days) Date | | - Cons. EPS | - EPS |
8 May 2025 Date | | - Cons. EPS | 0.42 EPS |
26 Mar 2025 Date | | - Cons. EPS | - EPS |
5 Nov 2024 Date | | - Cons. EPS | - EPS |
7 Aug 2024 Date | | - Cons. EPS | - EPS |
Manufacturing - Tools & Accessories Industry | Industrials Sector | Gregory D. Rizzo CEO | AMEX Exchange | 168088102 Cusip |
US Country | 161 Employees | 5 Jun 2025 Last Dividend | 22 Sep 1997 Last Split | 28 Feb 1992 IPO Date |
Chicago Rivet & Machine Co. is a significant player in the North American fastener industry, specializing in the production and sale of a broad range of fasteners and related assembly equipment. With its inception in 1920, the company has established a strong foothold, primarily catering to the automotive sector. It is based in Naperville, Illinois, and operates through two main segments: Fasteners and Assembly Equipment. The company's commitment to quality and efficiency, coupled with a nearly century-long history, positions it as a trusted partner in its field.
This category encompasses a wide range of fasteners manufactured by Chicago Rivet & Machine Co. These products are critical components for various applications, particularly in the automotive industry, where precision and reliability are paramount. The company's expertise in producing high-quality rivets, along with other specialized fasteners and parts, underscores its capability to meet diverse customer needs.
Under its Assembly Equipment segment, Chicago Rivet & Machine Co. offers advanced automatic rivet setting machines designed to enhance efficiency and precision in assembly processes. These machines are integral to customers looking to optimize their production lines, especially in environments where high throughput and consistency are essential.
The company also specializes in the manufacture and sale of parts and tools that complement its assembly machines. This range ensures that clients have access to essential components and specialty tools necessary for the maintenance and enhancement of their equipment. It reflects Chicago Rivet & Machine Co.’s commitment to providing comprehensive solutions beyond just the initial machinery sale.