Welcome to our dedicated page for LSB Industries news (Ticker: LXU), a resource for investors and traders seeking the latest updates and insights on LSB Industries stock.
LSB Industries, Inc. (symbol: LXU) is a diverse manufacturing, marketing, and engineering enterprise with a global footprint. The company's core operations involve the production and sale of a wide array of products used in both commercial and residential air-conditioning systems, as well as chemical products catering to various industries.
Under its subsidiaries, LSB Industries is a key player in the hydronic fan coils, water source and geothermal heat pumps, and large custom air handlers markets. These products are integral to air-conditioning systems, serving both commercial and residential sectors. The company’s innovative solutions in this area are renowned for their efficiency and reliability.
In addition to its HVAC (Heating, Ventilation, and Air Conditioning) products, LSB Industries is significantly involved in the chemical manufacturing industry within the United States. It produces and sells a variety of chemical products tailored to the agricultural, industrial, and mining sectors. The agricultural product line includes ammonia, fertilizer grade ammonium nitrate (AN and HDAN), and urea ammonia nitrate (UAN), which are vital for crop nutrition and soil management.
The industrial segment features products such as high purity and commercial grade ammonia, sulfuric acids, concentrated, blended, and regular nitric acid, and carbon dioxide. These chemicals are essential for a variety of industrial processes. Additionally, LSB Industries supplies diesel exhaust fluid, a critical component for reducing diesel engine emissions.
In the mining sector, LSB Industries provides industrial grade AN (LDAN) and AN solutions, which are crucial for blasting and other mining operations. The company’s products reach customers throughout the United States and North America via distributors and direct sales channels.
Recently, LSB Industries has been actively expanding its market reach and enhancing its product offerings. Strategic partnerships and ongoing projects highlight the company’s commitment to growth and innovation. The firm's financial health remains robust, backed by consistent performance and a clear focus on operational excellence.
To sum up, LSB Industries, Inc. stands out for its diversified portfolio and strong presence in both the HVAC and chemical manufacturing industries. It continues to drive value for its stakeholders through quality products, strategic initiatives, and exceptional market performance.
LSB Industries (NYSE: LXU) has temporarily shut down its Pryor, OK facility due to a surge in natural gas prices caused by extreme cold weather. The local pipeline operator has restricted gas supply to commercial customers, impacting LSB's operations. While the company does not foresee a material effect on its Q1 2021 results, prolonged elevated natural gas prices or constrained availability could significantly affect financial outcomes. LSB Industries manufactures chemical products serving agriculture, mining, and industrial sectors.
LSB Industries, Inc. (NYSE: LXU) will release its fourth quarter financial results for 2020 on February 24, 2021, after market close. A conference call is scheduled for February 25, 2021, at 10:00 am ET, featuring President & CEO Mark Behrman and CFO Cheryl Maguire. Participants can join by calling (201) 493-6739. The call will also be available via webcast on the company’s website, with an archived recording accessible for 90 days following the event. LSB specializes in manufacturing chemical products for various markets across the United States.
LSB Industries, Inc. (NYSE: LXU) announced that President & CEO Mark Behrman will attend Morgan Stanley's Virtual Chemicals, Agriculture, and Packaging Corporate Access Day on February 11, 2021, starting at 9:00 am EDT. Behrman will conduct one-on-one meetings throughout the day, available by appointment. A presentation will be accessible on the company's website on the same date, under the 'Investors' section. LSB manufactures chemical products across various sectors and operates multiple facilities in the U.S.
LSB Industries, Inc. (NYSE:LXU) announced the appointment of Damien Renwick as Chief Commercial Officer, effective January 11, 2021. This role aims to lead the company's commercial activities, including sales, marketing, logistics, and customer service. President and CEO Mark Behrman expressed confidence in Renwick's extensive experience to enhance profitability and shareholder value. Renwick has over 17 years in the chemical industry, previously serving in senior roles at Cyanco and Wesfarmers Limited.
LSB Industries, Inc. (NYSE: LXU) announced that President & CEO Mark Behrman will host virtual investor meetings at the UBS Chicago Virtual Agricultural & Industrial Chemicals Conference on December 10, 2020, starting at 9:00 am ET. Behrman will be available for one-on-one meetings throughout the day. Investors interested in scheduling a meeting should contact their UBS institutional sales representative or Fred Buonocore at fbuonocore@equityny.com. LSB specializes in manufacturing and selling chemical products for agricultural, mining, and industrial markets, operating multiple facilities across the U.S.
LSB Industries, Inc. (NYSE: LXU) announced that President & CEO Mark Behrman will participate in a fireside chat at the Bank of America Merrill Lynch Leveraged Finance Conference on November 30, 2020, at 9:45 am ET. Attendees can schedule one-on-one meetings with Mr. Behrman through Bank of America representatives. A live webcast of the chat will be available in the Investors section of the Company’s website, with an archived recording accessible afterward. LSB manufactures chemical products for various industries, operating facilities in multiple states.
LSB Industries, Inc. (NYSE: LXU) announced that its Executive Vice President & CFO, Cheryl Maguire, will participate in a fireside chat at the Sidoti Virtual Microcap Conference on November 19, 2020, at 1:00 PM ET. She will also be available for one-on-one meetings throughout the day. Investors can access a live webcast of the discussion on the company’s website, with an archived recording available afterward. LSB Industries manufactures and sells chemical products across various sectors, operating facilities in multiple U.S. states.
LSB Industries (NYSE: LXU) reported a net loss of $20.4 million for Q3 2020, despite net sales increasing by 12% to $74 million due to stronger sales volumes. Adjusted EBITDA stood at $10.2 million, affected by a $10.4 million decline from weaker pricing. Fertilizer sales volumes rose 19%, with UAN sales up 33%. The company signed a 7-year contract for 70,000-100,000 tons of nitric acid annually, and cash flow from operations reached approximately $25 million. However, the oversupply of ammonia continues to pressure pricing across markets.
LSB Industries, Inc. (NYSE: LXU) announced that Cheryl Maguire, Executive Vice President & CFO, will participate in a fireside chat at the Morgan Stanley Global Chemicals, Agriculture, and Packaging Virtual Conference on November 10, 2020, at 1:30 PM ET. The event will include opportunities for one-on-one meetings throughout the day. A live webcast of the presentation will be available on the company's website, with an archived recording accessible afterward. LSB Industries manufactures chemical products for various markets and operates multiple facilities across the United States.
LSB Industries, Inc. (NYSE: LXU) announced the release of its third-quarter financial results for the period ending September 30, 2020, scheduled for November 5, 2020, post-market close. A conference call led by CEO Mark Behrman and CFO Cheryl Maguire will follow on November 6, 2020, at 10:00 AM ET. Participants can join by calling (201) 493-6739. A webcast of the conference will be available on LSB's website, with an archived version accessible for 90 days. LSB specializes in manufacturing chemical products for various markets, operating multiple facilities across the United States.
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