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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, Inc. (NYSE: LXU) will announce its financial results for the first quarter ending March 31, 2023, on May 2, 2023, after market close. A conference call hosted by CEO Mark Behrman and CFO Cheryl Maguire will take place on May 3, 2023, at 10:00 am ET to discuss these results. Interested participants can join by calling in 10 minutes prior to the start. LSB Industries operates facilities in Cherokee, Alabama, El Dorado, Arkansas, and Pryor, Oklahoma, and is focused on manufacturing chemical products for agriculture, mining, and industrial markets. The company is committed to reducing its environmental impact and has plans for carbon capture and zero-carbon ammonia strategies.
LSB Industries, Inc. (NYSE: LXU) held an investor day on March 14, 2023, at the New York Stock Exchange, where senior executives outlined strategies to enhance profitability, cash flow, and shareholder value over multiple years. The event featured a webcast replay and a downloadable presentation for stakeholders. LSB, based in Oklahoma City, manufactures chemical products for agricultural, mining, and industrial markets, with facilities located in Alabama, Arkansas, Oklahoma, and Texas. The Company is focused on reducing its environmental impact and is involved in carbon capture, sequestration, and zero carbon ammonia initiatives.
LSB Industries, Inc. (NYSE: LXU) reported Q4 2022 results with net sales of $234 million, up from $190 million in Q4 2021. Adjusted EBITDA reached $105 million compared to $90 million last year, with adjusted EPS increasing to $0.90 from $0.72. For full-year 2022, net sales were $902 million, nearly doubling from $556 million in 2021, and adjusted EBITDA was $415 million vs. $191 million. The company repurchased 5.6 million shares in Q4 and completed a total $175 million stock buyback program. LSB plans further investments and aims for continued profitability amid a favorable nitrogen pricing environment.
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