Agrimoney.com  Feb 17  Comment 
Shares in both Rentech Nitrogen and majority owner, Rentech Inc, rise on news of a revamp which includes the potential sale of the fertilizer business
TheStreet.com  Feb 5  Comment 
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.  TheStreet Ratings quantitative algorithm...
Benzinga  Jan 14  Comment 
In a report published Wednesday, Credit Suisse analyst Christopher S. Parkinson reiterated a Neutral rating on Rentech Nitrogen Partners LP (NYSE: RNF), but lowered the price target from $20.00 to $16.00. In the report, Credit Suisse noted,...
Benzinga  Dec 12  Comment 
On CNBC's Fast Money, Dan Nathan said that Costco Wholesale Corporation (NASDAQ: COST) posted good earnings results, but he is looking to place a bearish bet. He bought a January put spread on Thursday. Steve Grasso thinks that NXP...
TheStreet.com  Dec 2  Comment 
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.  TheStreet Ratings quantitative algorithm...
Motley Fool  Nov 15  Comment 
Here's what you need to know before buying shares in Rentech Nitorgen Partners and its better than 13% dividend.
Benzinga  Nov 13  Comment 
On CNBC's Fast Money, Steve Grasso said that he would buy Best Buy Co Inc (NYSE: BBY) on Thursday. Best Buy Co Inc gained 1.06 percent on Wednesday. Brian Kelly would be a buyer of Proshares Trust II (NYSE: YCS). He thinks that it is still...
SeekingAlpha  Aug 20  Comment 
By Asean Century: I'm always on the lookout for activist investors and their latest targets. One company that is being targeted by activist investors is Rentech (NASDAQ:RTK) and its spin-off, Rentech Nitrogen Partners (NYSE:RNF). Activist hedge...
DailyFinance  Jul 8  Comment 
Rentech Nitrogen Partners, L.P. (NYSE: RNF) announced today that the Partnership will hold its 2014 second quarter conference call on Thursday, August 7, 2014 at 1:30 p.m. PDT, during which time senior management will review...


Rentech Nitrogen Partners, L.P. (NYSE:RNF) is a limited partnership that was created by Rentech (RTK), a nitrogen fertilizer and clean energy company. The partnership was formed to run the nitrogen fertilizer plant in Illinois. The facility is surrounded by corn farms which use the fertilizers to improve their crop yields. The facility uses natural gas to produce a variety of nitrogen based fertilizers such as anhydrous ammonia and urea ammonium nitrate.[1]

Business Overview

For the full year 2010, ended at the end of September, the company reported a total revenue of $131.4M. The company also reported an operating income of $20.4M. The company expects revenue for the full year 2011, ended in September, to be between $178M and $180M. RNF expects that operating income for the same period will be between $69M and $70M. [2]

New Updates

The company's initial public offering of stock on the NYSE occurred on November 3, 2011. The company offered 15M shares each for $20. This was at the midpoint of the $19-$21 price range. The deal raised a total of $300. The lead mangers of the deal were Morgan Stanley and Credit Suisse.[3]

Trends & Forces

Reliance on US Agriculture

Rentech Nitrogen Partners, L.P. performance relies crucially on the US agricultural market. In particular, trust's performance is based on the corn industry in central America. The company's sole facility is located and Illinois, and due to the nature of nitrogen fertilizers, transporting them long distances is not feasible. This means that a downturn in the agriculture in the region or a move to other crops which do not require nitrogen fertilizers would heavily impact Rentech Nitrogen.[4]

  1. RNF S-1/A 2011 PROSPECTUS SUMMARY "Overview" p.1
  2. RNF S-1/A 2011 PROSPECTUS SUMMARY "Recent Developments" p.11
  3. Renaissance Capital - IPO Home "Rentech Nitrogen prices IPO at $20, midpoint of the range" 3 Nov 2011
  4. RNF S-1/A 2011 PROSPECTUS SUMMARY "Risk Factors" p.26-29
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