CF Industries Stock Price, News & Analysis

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.

CF Industries Holdings, Inc. (NYSE: CF) announced that the U.S. Department of Commerce found urea ammonium nitrate (UAN) imports from Russia unfairly subsidized between 9.66% and 9.84% and those from Trinidad at 1.83%. This is part of ongoing investigations initiated in July 2021 in response to petitions by CF Industries. Preliminary cash deposit requirements will be imposed on these imports. The final determinations by Commerce and the U.S. International Trade Commission are expected by summer 2022, which could lead to further measures against unfair trade practices.

CF Industries Holdings, Inc. (NYSE: CF) announced its participation in two upcoming conferences in December 2021. The company will present at Citi’s 2021 Basic Materials Virtual Conference at 9:30 am ET on December 1, followed by the BofA Hydrogen Conference at 11:15 am ET on December 16. Investors can access live webcasts through the Investor Relations section of the CF Industries website, with replays available until March 10, 2022. The company aims to provide clean energy and is focused on decarbonizing its ammonia production network.

CF Industries Holdings, Inc. (NYSE: CF) will present at the Morgan Stanley Global Chemicals, Agriculture, and Packaging Conference on November 10, 2021, at 8:45 am ET. Investors can access the live conference through the Investor Relations section of the company's website. A replay of the webcasts will be available until February 10, 2022. CF Industries focuses on providing clean energy solutions, including advancements in ammonia production and a commitment to sustainability.

CF Industries Holdings reported a robust global nitrogen demand driven by high grain prices and industrial recovery. For the first nine months of 2021, the company achieved net earnings of $212 million, or $0.98 per share, despite a third-quarter net loss of $185 million due to a $495 million non-cash impairment related to UK operations. The firm plans a $1.5 billion share repurchase program and seeks to reduce gross debt to $3 billion by 2023. Investment Grade ratings were achieved, supporting strategic growth amid favorable nitrogen market conditions.

CF Industries Holdings, Inc. (NYSE: CF) announced a leadership transition in its board of directors. Stephen A. Furbacher, the current chair, will retire at the Annual Meeting of Stockholders in May 2022. Stephen J. Hagge, an independent director since 2010, will assume the chair position effective January 1, 2022. Additionally, John W. Eaves will become the chair of the compensation and management development committee from the same date. The board aims to maintain a diverse composition, with over half of the members joining since 2017.