CF Industries Stock Price, News & Analysis

CF Industries Holdings, a key player in hydrogen and nitrogen production, reported impressive annual and quarterly results for 2022. Full year net earnings reached $3.35 billion ($16.38 per diluted share), with EBITDA of $5.54 billion. The final quarter showcased net earnings of $860 million ($4.35 per diluted share) and EBITDA of $1.25 billion. Shareholder returns totaled $1.65 billion through dividends and repurchases. Notably, CF signed a memorandum of understanding with JERA for a clean ammonia supply, reinforcing its clean energy trajectory. The company anticipates strong nitrogen demand and margin opportunities through 2025, emphasizing strategic investments in sustainability.

CF Industries has made a significant step in decarbonization by purchasing 2.2 billion cubic feet of certified natural gas from BP for its ammonia production. This aligns with the company's goal to reduce scope 3 emissions by 10% by 2030. The certified gas, produced under the MiQ standard, can potentially lower methane emissions by 90% and lifecycle carbon intensity by up to 20%. A recent white paper indicates that using this gas with carbon capture could eliminate up to 94% of greenhouse gas emissions related to ammonia production. CF's CEO emphasized this as a pivotal move towards low-carbon ammonia sustainability.

CF Industries Holdings, Inc. (NYSE: CF) has declared a $0.40 per share dividend on its common stock, payable on February 28, 2023, to stockholders of record as of February 15, 2023. The company will release its full year and fourth quarter 2022 results after market close on February 15, 2023. A conference call is scheduled for February 16, 2023, at 11:00 a.m. ET, where investors can participate by dialing in or through the company's website, with a replay available afterward.

CF Industries Holdings, Inc. (NYSE: CF) has signed a memorandum of understanding with JERA Co., Inc., Japan's largest energy generator, to supply up to 500,000 metric tonnes per year of clean ammonia starting in 2027. This clean ammonia will be produced with at least 60% lower carbon emissions and used in co-firing operations at JERA's Hekinan Thermal Power Station to reduce CO2 emissions. The MOU allows both companies to explore long-term supply options, including potential investments in a new clean ammonia facility in Louisiana. CF Industries aims to enhance its clean energy portfolio and meet growing global demand for clean ammonia.

CF Industries Holdings, Inc. (NYSE: CF) announced its upcoming presentations at two major conferences in November 2022. The company will participate in the Morgan Stanley Global Chemicals, Agriculture, and Packaging Conference at 11:00 am ET on November 9, 2022, and the Credit Suisse 10th Annual Global Industrials Conference at 11:45 am ET on November 30, 2022. Investors can access the live webcasts on the company's website, with replays available for 180 days after the events.

CF Industries Holdings reported strong financial results for the first nine months of 2022, with net earnings of $2.49 billion or $12.04 per diluted share, and EBITDA of $4.30 billion. The third quarter net earnings reached $438 million, up from a loss in 2021, with sales increasing to $2.32 billion. The company authorized a $3 billion share repurchase program and has partnered with ExxonMobil on a major carbon capture project. Nitrogen demands remain robust, driven by high crop prices and tight global supply, suggesting favorable conditions for the company moving forward.

CF Industries Holdings has rescheduled its conference call to discuss its nine-month and third-quarter 2022 results for 11:00 a.m. ET on November 3, 2022. The financial results will be released after market close on November 2, 2022. Investors can participate by calling 833-634-5017 or 412-902-4213 and accessing the live webcast at www.cfindustries.com. The company aims to provide clean energy through safe operations and decarbonizing its ammonia production.

CF Industries Holdings, Inc. (NYSE: CF) has announced key appointments to enhance its clean energy initiatives. Erik Mayer is now vice president of clean ammonia growth, focusing on expanding blue ammonia capacity. Lei Chen has joined as vice president of clean energy solutions, aiming to support the company's decarbonization strategy and market opportunities for blue and green ammonia. Both appointments reflect CF's commitment to clean energy and position the company for future growth in sustainable ammonia production.

CF Industries Holdings, Inc. (NYSE: CF) has declared a $0.40 per share dividend, payable on November 30, 2022, to stockholders on record as of November 15, 2022. Additionally, the company will report its first half and second quarter 2022 results after market close on November 2, 2022, with a conference call scheduled for 10:00 a.m. ET on November 3, 2022. Investors can join via phone or through the company’s website.