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Compass Minerals Intl Inc - CMP STOCK NEWS

Welcome to our dedicated page for Compass Minerals Intl news (Ticker: CMP), a resource for investors and traders seeking the latest updates and insights on Compass Minerals Intl stock.

Compass Minerals Intl Inc. (NYSE: CMP) delivers essential mineral solutions for public safety, agriculture, and industrial markets worldwide. This news hub provides investors and stakeholders with direct access to the company's official communications and market developments.

Track critical updates including quarterly earnings reports, production facility expansions, and sustainability initiatives. Our curated collection features announcements on deicing salt supply contracts, specialty fertilizer innovations, and operational efficiency improvements across North American and UK facilities.

Key focus areas include winter weather preparedness programs, agricultural productivity enhancements through sulfate of potash solutions, and strategic partnerships in mineral distribution. Users will find timely updates on Great Salt Lake operations, rock salt mining activities, and safety-related product developments.

Bookmark this page for verified information about Compass Minerals' market position, environmental stewardship efforts, and responses to industry trends. Check regularly for new filings, leadership updates, and analyses of demand drivers in essential minerals markets.

News

Compass Minerals and Utah Division of Forestry, Fire and State Lands Entering into Voluntary Agreement Regarding Water Conservation on the Great Salt Lake

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Compass Minerals (CMP) has agreed to a Term Sheet with the Utah Division of Forestry, Fire and State Lands (FFSL) to preserve the Great Salt Lake. The company will make voluntary water conservation commitments to ensure long-term sustainability. The agreement aims to balance mineral extraction with lake health, following new legislative amendments. Compass Minerals' Ogden facility, operating on the lake for over 50 years, will work towards a binding Voluntary Agreement with FFSL.
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Compass Minerals Announces Participation in BMO Global Metals, Mining & Critical Minerals Conference

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Compass Minerals (CMP) will attend the BMO Global Metals, Mining & Critical Minerals Conference from Feb. 26-28, 2024, with key executives participating in one-on-one meetings. Updated presentation materials will be accessible on the company's website.
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Compass Minerals Names Gordon Dunn Chief Operations Officer

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Compass Minerals (NYSE: CMP) appoints Gordon Dunn as new COO to oversee global operations, focusing on operational efficiencies and cost reduction. Dunn's extensive mining experience expected to enhance shareholder returns.
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Compass Minerals Declares Fiscal Second Quarter of 2024 Dividend

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Compass Minerals (CMP) announces a quarterly cash dividend of $0.15 per share, payable on March 20, 2024, to shareholders of record as of March 11, 2024.
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Compass Minerals Reports Fiscal 2024 First-Quarter Results

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Compass Minerals (CMP) reported fiscal 2024 first-quarter results, focusing on improving cash flow generation and returns on capital in core businesses. The company announced the termination of the lithium project, recognizing an expense of approximately $77.3 million. The Salt business saw a 7% increase in operating earnings and an 8% increase in adjusted EBITDA year-over-year. Plant Nutrition sales volumes increased by 67% year-over-year. The company's liquidity at the end of the quarter was $245.8 million, with a $375 million revolving credit facility available.
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Compass Minerals Announces Conference Call to Discuss First-Quarter Fiscal 2024 Results

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Compass Minerals (CMP) will release its first-quarter fiscal 2024 results on Feb. 7, 2024, with the president, CEO, and CFO discussing the results on a conference call the following day. Access to the call will be available via webcast or phone, with an audio replay available on the company's website.
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Compass Minerals Names Edward Dowling Chief Executive Officer

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Compass Minerals (NYSE: CMP) has announced the appointment of Edward C. Dowling Jr. as the new president and CEO, effective Jan. 18, 2024. Dowling brings over 30 years of leadership experience and international mining expertise to the role, having served in CEO positions with Alacer Gold Corp., now SSR Mining Inc., and Meridian Gold Inc. He succeeds Kevin S. Crutchfield, who will step down from his position as the company’s president, CEO, and board member. The company's board looks forward to leveraging Dowling’s deep leadership experience and perspectives as they renew their focus on reducing costs, driving positive free cash flow, and generating sustained value through their unique set of advantaged assets.
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Compass Minerals Declares Fiscal First Quarter of 2024 Dividend

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Compass Minerals (CMP) declares a quarterly cash dividend of $0.15 per share, payable on Dec. 20, 2023, to shareholders of record as of Dec. 11, 2023.
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Compass Minerals Reports Fiscal Fourth-Quarter and Full-Year 2023 Results

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Compass Minerals (NYSE: CMP) reported fiscal fourth-quarter and full-year 2023 results, highlighting a net income of $15.5 million for fiscal 2023, a 7% increase in total company adjusted EBITDA year over year, and a restoration of full-year fiscal 2023 profitability to adjusted EBITDA per ton in excess of $20 for the Salt business. The company also acquired remaining 55% ownership of Fortress North America and realized first commercial sales during the 2023 fire season. The fiscal 2023 fourth-quarter results reflect weaker Plant Nutrition segment sales offset by improved profitability in the Salt business versus the comparable year-ago period.
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Compass Minerals Announces Suspension of Lithium Project Pending Regulatory Clarity in Utah

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Compass Minerals has announced the indefinite suspension of its planned lithium project in Utah due to uncertainty in the regulatory environment. The company will focus on maximizing the performance of its salt, plant nutrition, and fire retardant businesses. The Ogden facility will continue to produce essential mineral salts and provide local jobs.
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Compass Minerals Intl Inc

NYSE:CMP

CMP Rankings

#1974 Ranked by Market Cap
N/A Ranked by Dividends

CMP Stock Data

472.32M
34.18M
17.62%
80.86%
5%
Other Industrial Metals & Mining
Mining & Quarrying of Nonmetallic Minerals (no Fuels)
Link
United States
OVERLAND PARK