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Strategies & Market Trends : Value Investing

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To: Elroy who wrote (75372)6/16/2025 1:38:54 PM
From: E_K_S  Read Replies (2) of 78802
 
Re: Cvr Partners LP (UAN) 86.80 +2.93 (+3.49%)

Peeled off 18% at $86.97 from buys in 8/2020; As a MLP my cost basis is around $9.50/share since you have to recapture depreciation and adjust div income over that period.

Nutrien Ltd (NTR) and Mosaic Company (MOS) are other fertilizer plays. I do not own these, just continue to hold UAN, collect the dividend and will sell a few more at/above $95/share.

MLP's a hassel w/ a K1 and on sales you have to adjust your cost basis and pay higher tax. However, w/ UAN probably worth it.

FWIW, trying to avoid all MLPs for this reason.
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