CF Industries Stock Price, News & Analysis

CF Industries Holdings (NYSE: CF) announced significant rail shipment delays due to new restrictions imposed by Union Pacific, affecting its nitrogen fertilizer, urea, UAN, and diesel exhaust fluid (DEF) products. The company, a leading North American producer, is one of 30 affected by these cuts, which require a 20% reduction in rail shipments. CEO Tony Will expressed concerns that this could hinder farmers during the critical spring application season, potentially lowering crop yields and raising food prices. CF Industries plans to engage with the government to prioritize fertilizer shipments.

CF Industries Holdings, Inc. (NYSE: CF) has appointed Martin A. Jarosick as vice president, treasury and investor relations, effective immediately. Jarosick has been with the company since 2017, previously serving as vice president, investor relations. He will oversee treasury operations, including capital markets and risk management, while continuing his role in investor relations. Jarosick replaces Daniel L. Swenson, who retired on March 31, 2022. Senior vice president Christopher D. Bohn highlighted Jarosick's strategic leadership as crucial for navigating the global nitrogen market and enhancing shareholder value.

CF Industries Holdings, Inc. (NYSE: CF) announced its subsidiary will redeem $500 million of 3.450% Senior Notes due 2023 on April 21, 2022, using cash on hand. This action aligns with the optional redemption provisions in the indenture governing the Notes. Beneficial owners are directed to their brokerage firms for inquiries regarding the redemption. CF Industries aims to support sustainable clean energy initiatives, focusing on decarbonizing its ammonia production network.

CF Industries Holdings, Inc. (NYSE: CF) will present at two upcoming conferences in December 2022: the BofA Securities 2022 Global Agricultural and Materials Conference on March 2, 2022, at 10:50 am ET, and the 2022 RBC Capital Markets Chemicals and Packaging Virtual Conference on March 8, 2022, at 10:40 am ET. Investors can access live webcasts on the company’s website, with a replay available until June 8, 2022. CF Industries aims to support clean energy solutions for sustainable agriculture and is focused on decarbonizing its ammonia production network.

CF Industries Holdings reported robust financial results for 2021, with net earnings reaching $917 million or $4.24 per diluted share. The company achieved record free cash flow of $2.17 billion and net cash from operating activities of $2.87 billion. Despite facing a $521 million impairment charge related to U.K. operations, adjusted EBITDA soared to $2.74 billion. Share repurchases totaled $490 million in Q4 2021. Looking ahead, CF Industries anticipates strong nitrogen demand driven by global grain stock replenishment amid tight supply conditions.

CF Industries Holdings, Inc. (NYSE: CF) has declared a $0.30 per share dividend on its common stock, payable on February 28, 2022 to stockholders of record as of February 15, 2022.

The company will report its full year and fourth quarter 2021 results after the market close on February 15, 2022, followed by a conference call on February 16, 2022 at 10:00 a.m. ET.

CF Industries Holdings, Inc. welcomed the U.S. Department of Commerce's affirmative preliminary determinations in its antidumping investigations regarding imports of urea ammonium nitrate (UAN) from Russia and Trinidad and Tobago. These determinations reveal that Russian UAN is dumped at rates between 9.15% and 127.19%, while Trinidadian UAN faces a 63.08% dumping rate. The U.S. already applies cash deposit requirements for unfairly subsidized imports from these nations. CF Industries initiated these investigations, aiming to protect the U.S. UAN industry and ensure farmers have access to reliable domestic suppliers.

CF Industries Holdings, Inc. (NYSE: CF) announced an increase in its expected adjusted EBITDA for 2021, projecting it to be between $2.65 billion and $2.85 billion, up from an earlier estimate of $2.2 billion to $2.4 billion. This adjustment is attributed to strong global nitrogen market conditions, resulting in higher product pricing and sales volumes. Favorable weather has contributed to the strongest fall ammonia application season in North America in a decade. These figures are based on management's current expectations, which may change.