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Non-Tech : UAN - The variable distribution MLP that could go a long way
UAN 66.41-0.2%Mar 1 4:00 PM EST

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From: Elroy8/26/2021 11:00:51 AM
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“This turnaround deferral should also position us to capitalize on the strong margin environment we are currently seeing for both ammonia and UAN.”

Hmmm, with ~$2.50 in one time charges last Q and UAN at $237/ton they distributed $1.72.

UAN is now above $300.

The one time charges should not recur, that's why they call them one time.

Maybe this company will distribute $5.00 in Q3?

It seem really undervalued to me. I wonder why the rest of the market doesn't see what I see. That sentence in the press release confirms the strong fertilizer environment.
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