 Exhibit 99.1 |
 2 The following information contains forward-looking statements based on management’s current expectations and beliefs, as well as a number of assumptions concerning future events. These statements are subject to risks, uncertainties, assumptions and other important factors. You are cautioned not to put undue reliance on such forward-looking statements (including forecasts and projections regarding our future performance) because actual results may vary materially from those expressed or implied as a result of various factors, including, but not limited to those set forth under “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the CVR Partners, LP Prospectus dated April 7, 2011 and any other filings CVR Partners, LP makes with the Securities and Exchange Commission. CVR Partners, LP assumes no obligation to, and expressly disclaims any obligation to, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Safe Harbor |
 Company Overview |
   CVR Partners Offering CVR Partners Offering NYSE Ticker: UAN Total units with over-allotment: 22.1m common units (30.2%) Pricing: $16 per LP unit ($3 higher than original mid-point) March 31, 2012 LTM estimated distribution/yield: $1.92 per unit / 12% Use of proceeds: Buy the GP and extinguish IDR’s, distribution to Coffeyville Resources, general growth projects including UAN expansion As of January 12, 2012, CVR Partners market cap was $1.9 billion, of which $1.3 billion is controlled by CVR Energy. CVR Partners is a growth oriented partnership formed by CVR Energy, Inc. in June 2007. CVR Partners’ nitrogen fertilizer manufacturing facility produces ammonia and Urea Ammonium Nitrate (UAN). The facility is located in Coffeyville, Kansas and produces 5% of the total UAN demand in the United States. 4 |
 5 Company Overview Key Strategic Factors Experienced management team Fully utilized capacity High run time rates Strategically located plant Favorable rail logistics Stable & economic feedstock |
 Company Overview Experienced Management Team Byron R. Kelley CEO Stan A. Riemann COO Frank A. Pici CFO and Treasurer Randal T. Maffett EVP Business Development Edmund S. Gross SVP, General Counsel & Secretary Years Experience: 41 Years Experience: 37 Years Experience: 28 Years Experience: 31 Years Experience: 33 6 Kevan A. Vick EVP & GM Nitrogen Manufacturing Years Experience: 36 Christopher G. Swanberg VP Environmental, Health & Safety Years Experience: 31 |
 Company Overview Fully Utilized Capacity / High Utilization Rates 1) Adjusted for major scheduled turnaround, third-party outage on air separation unit and UAN vessel rupture. WA OR CA NV ID MT WY UT CO NM AZ TX OK KS NE SD ND MN IA MO AR LA WI IL Fertilizer Plant Corporate Headquarters LTM Q3 2011 Tons Sold by State 100,000+ 10,000 to 100,000 Up to 10,000 7 LTM Q3 2011 Total Tons Sold ~ 731,350 Capacity: 1,225 tons-per-day ammonia unit, 2,025 tons-per-day UAN unit LTM Q3 2011 on-stream efficiency (1) — Gasifier: 98.9% — Ammonia: 97.6% — UAN: 97.3% |
 Company Overview Strategically Located Assets & Logistics 8 WA OR CA NV ID MT WY UT CO NM AZ TX OK KS NE SD ND MN IA MO AR LA WI IL Additional Shipments East of the Mississippi Rail Distribution LTM Q3 2011 Tons Sold by State 100,000+ 10,000 to 100,000 Up to 10,000 Corporate Headquarters Fertilizer Plant LTM Q3 2011 Total Tons Sold ~ 731,350 Located in the corn belt (on Union Pacific mainline) 45% of corn planted in 2010 was within $35/UAN ton freight rate of our plant $25/ton transportation advantage to corn belt vs. U.S. Gulf Coast No intermediate transfer, storage, barge freight or pipeline freight charges |
 Company Overview Stable & Economic Feedstock Rail Distribution Corporate Headquarters Fertilizer Plant Abundant Supply of Third-Party Pet Coke in the Region 9 Texas Gulf Coast Coke Production = 40,000 tons/day Source: Oil & Gas Journal CVR Partners LP 2008 – 2010 average daily coke demand ~ 1,378 Coke gasification technology uses petroleum coke as a feedstock Dual train gasifier configuration ensures reliability Ammonia synthesis loop and UAN synthesis use same processes as natural gas based producers Pet coke costs lower than natural gas costs per ton of ammonia produced, and pet coke prices are significantly more stable than natural gas prices Over 70% of pet coke supplied by refinery through long-term contract |
 Market Fundamentals Market Fundamentals |
 Market Fundamentals Key Growth Factors 11 Fertilizer consumption is driven by: — Population growth — Decline in farmland per capita — Income growth in emerging markets, preference for proteins — Ethanol production |
 Market Fundamentals Key Growth Factors 12 Source: USDA, Census Bureau, World Bank, http://data.worldbank.org/indicator/AG.LND.ARBL.HA.PC |
 Market Fundamentals Consistent Fertilizer Demand Growth 13 1) Per the International Fertilizer Industry Association Nitrogen represents ~63% of fertilizer consumption (1) Nitrogen based fertilizers have the most stable demand because they all must be applied annually — Primary determinant of crop yield Note: Nutrient Tonnes; Fertilizer Years. Source: International Fertilizer Industry Association; U.S. Bureau of the Census, International Data Base |
 Market Fundamentals Global Shift in Cost of Production 14 Source: European prices converted from GBP/Therm to $/MMBtu, based on daily exchange rate Historical Sources: Capital IQ NBP Monthly Spot Rate, Henry Hub Monthly Spot Rate Forecast Sources: Capital IQ NBP Forward Rate 01/06/12, Henry Hub Futures Nymex Exchange 01/06/12 Spot price as of 01/06/12 North America has shifted from being a high cost region globally to a lower cost region — Shale gas has increased natural gas supply — Natural gas costs in North America have declined — Russian gas to Ukraine increasingly priced on market basis U.S. imports nitrogen from Eastern Europe, represents price floor for domestic product Change in dynamics has served to strengthen economic position of all North American producers |
 Market Fundamentals Supply Rationalization and Consolidation (000 Tonnes N) Historical U.S. Nitrogen Production and Consumption Source: Fertecon 15 Between 1999 to 2010, U.S. nitrogen fertilizer capacity was reduced by 34% as producers shut down less attractive plants Industry has also consolidated significantly through mergers and acquisitions — Top 5 producers market share: Today: 78% 2000: 56% U.S. will continue to increase its net imports of Nitrogen fertilizer |
 16 Market Fundamentals Farmer Profitability Supports Fertilizer Pricing Corn Spot Prices Note: Fixed Costs include labor, machinery, land, taxes, insurance, and other. 5-Yr Prior Avg. $2.17 5-Yr Avg. $4.67 Current $6.43* *As of Jan. 06, 2012 Source: CIQ *As of Jan. 06, 2012 Source: CIQ, USDA |
 Source: Green Markets Data, Fertecon 17 Market Fundamental Strong Pricing Environment |
 Market Fundamentals UAN Demand Growth Source: Integer Focus Report 2011: Global Outlook for UAN 18 Demand Growth |
 Growth Opportunities Growth Opportunities |
 Growth Opportunities 20 Current 12-24 Months 3-5 Years |
 Growth Opportunities UAN Expansion (000’s Tons of UAN) UAN Upgrading Capacity 1) Excludes $5MM of capitalized interest 21 UAN expansion project — Increase exposure to strong UAN market dynamics — Expand UAN capacity by 400,000 tons per year or by ~50% — Provides flexibility to upgrade 100% of ammonia to UAN — On-line in Q1 2013 Approximately $100MM cost to complete (1) At current pricing, ROI exceeds 24% |
 Growth Opportunities Diesel Emission Fluid (DEF) 22 * FERTECON Ammonia Outlook – Issue 2011 (3) P. 81 DEF is the most widely accepted technology for reducing NOX and particulate matter from diesel vehicle exhaust emissions Solution of 32.5% urea and 67.5% water injected at approximately 2% of fuel consumption North America forecasted DEF consumption in vehicle emission reduction*: 2011: 240,000 tones 2013: 530,000 tones 2015: 1,525,000 tones 2020: 3,462,000 tones |
 Growth Opportunities Enhanced Distribution 23 Logistic assets are key to enhancing annual margin during the shift between application and fill season Target 60,000 – 70,000 tons per year of sales through off premise storage facilities Net margin increased by $15 per ton |
 Financial Statistics Financial Statistics |
 1) Plant gate price per ton represents net sales less freight costs and hydrogen revenue (from hydrogen sales to CVR Energy’s refinery) divided by product sales volume in tons in the reporting period. Plant gate price per ton is shown in order to provide a pricing measure that is comparable across the fertilizer industry. 2) Adjusted for major scheduled turnaround, third-party outage on air separation unit and UAN vessel rupture. 3) Not Pro Forma for $125MM Term Loan 25 Financial Statistics |
 26 We expect our distribution for the 12 months ending March 31, 2012 to be at least $1.92 per common unit yielding 7.3% as of January 12, 2012. Financial Statistics Strong YTD Financial Performance |
 Financial Statistics Forecasted Distributable Cash 1) Based on projected cost structure as provided in our prospectus dated April 7, 2011. 2) Based on 5 year average Ammonia and UAN spot prices of $467/ton and $292/ton respectively and forecasted next twelve months cost structure. 27 |
 28 Strong industry fundamentals High quality, strategically located assets Premium product focus Attractive growth opportunities Pay out 100% of available cash each quarter to Common Unitholders No IDR’s Experienced management team |
 29 Q & A |
 Appendix Appendix |
 31 Manufacturing Process |
 32 To supplement the actual results in accordance with U.S. generally accepted accounting principles (GAAP), for the applicable periods, the Company also uses certain non-GAAP financial measures as discussed below, which are adjusted for GAAP-based results. The use of non-GAAP adjustments are not in accordance with or an alternative for GAAP. The adjustments are provided to enhance the overall understanding of the Company’s financial performance for the applicable periods and are also indicators that management utilizes for planning and forecasting future periods. The non-GAAP measures utilized by the Company are not necessarily comparable to similarly titled measures of other companies. The Company believes that the presentation of non-GAAP financial measures provides useful information to investors regarding the Company’s financial condition and results of operations because these measures, when used in conjunction with related GAAP financial measures (i) together provide a more comprehensive view of the Company’s core operations and ability to generate cash flow, (ii) provide investors with the financial analytical framework upon which management bases financial and operational planning decisions, and (iii) presents measurements that investors and rating agencies have indicated to management are useful to them in assessing the Company and its results of operations. Non-GAAP Financial Measures |
 33 EBITDA: EBITDA represents net income before the effect of interest expense, interest income, income tax expense (benefit) and depreciation and amortization. EBITDA is not a calculation based upon GAAP; however, the amounts included in EBITDA are derived from amounts included in the consolidated statement of operations of the Company. Non-GAAP Financial Measures |
 34 Below is a reconciliation of Net Income to EBITDA (In USD Millions) 2008 2009 2010 LTM Q3 2011 Net Income $118.9 $57.9 $33.3 $85.0 Interest expense - - - 2.7 Interest (income) (2.0) (9.0) (13.1) (3.6) Depreciation and amortization 18.0 18.7 18.5 18.5 Income tax expense - - - - EBITDA $ 134.9 $ 67.6 $38.7 $102.6 Non-GAAP Financial Measures |
 35 Below is a reconciliation of Net Income to EBITDA Three Months Ended Nine Months Ended September 30, September 30, 2011 2010 2011 2010 (in millions) (unaudited) Net Income $ 36.3 $ 13.5 $ 91.2 $ 39.5 Adjustments: Depreciation and amortization 4.7 4.5 13.9 13.9 Interest (income) expense 1.4 (3.0) 2.5 (9.6) Tax provision - - - EBITDA $ 42.4 $ 15.0 $ 107.6 $ 43.8 Non-GAAP Financial Measures |