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Non-Tech : UAN - The variable distribution MLP that could go a long way
UAN 76.47-1.3%3:56 PM EST

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From: Elroy10/15/2021 6:47:29 PM
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I'm reading some posts indicating that fertilizer stocks are starting to get discussed on the TV.

I also heard that the Mizuho Securities analyst initiated coverage of the fertilizer sector last week, with new ratings on CF, MOS and NTR.

I think little micro-cap UAN remains off the radar for most major investment groups. It is nothing more than two fertilizer plants, publicly traded in a variable distribution Master Limited Partnership structure.

However, once it begins announcing distributions, I can't help but believe investors will notice it. The UAN prices for H1 2022 are much higher now that I ever anticipated, and I'm pretty sure they will produce much larger quarterly distributions that I ever anticipated. I think the thing to do with the UAN units today (other than own them) is just sit back and wait for about 9 months to see what happens next. It seems like it would take some accidental nuclear disaser (or nitrogen explosion) to have bad thing happen to the units the way the fertilizer prices are going.

So......time to give it a rest, sit back, and watch the good news flow through the financial statements.
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