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Compass Minerals International Inc - CMP STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Compass Minerals International's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Compass Minerals International's position in the market.

News
Compass Minerals Announces Amendment to Credit Agreement
Rhea-AI Summary
Compass Minerals (CMP) announces completion of amendment to credit agreement, providing financial covenant relief and greater flexibility. The amendment aims to address challenges from mild deicing season and plant nutrition earnings. CFO Lorin Crenshaw highlights the adjustments as a step towards deleveraging and strengthening the balance sheet.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.48%
Tags
none
-
News
Compass Minerals Announces the Company Will Not Secure a USFS Contract to Supply Magnesium Chloride-Based Aerial Fire Retardants for the 2024 Fire Season
Rhea-AI Summary
Compass Minerals (CMP) faces setback as USFS suspends contract for magnesium chloride-based fire retardants due to corrosion concerns. Fortress North America's products removed from use, prompting company to prioritize safety and develop alternative solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.09%
Tags
none
-
News
Vance Holtzman Elected to Compass Minerals Board of Directors
Rhea-AI Summary
Compass Minerals (NYSE: CMP) appoints Vance O. Holtzman to its board of directors, representing Koch Industries Inc. Holtzman brings financial expertise and experience in extractive industries. The board now consists of eight members.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.35%
Tags
management
News
Compass Minerals Announces Participation in Loop Capital Markets’ 5th Annual Investor Conference
Rhea-AI Summary
Compass Minerals (CMP) to participate in Loop Capital Markets' Investor Conference with CFO Lorin Crenshaw on March 11, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
Tags
none
-
News
Compass Minerals and Utah Division of Forestry, Fire and State Lands Entering into Voluntary Agreement Regarding Water Conservation on the Great Salt Lake
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
Tags
none
-
News
Compass Minerals Announces Participation in BMO Global Metals, Mining & Critical Minerals Conference
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.31%
Tags
none
News
Compass Minerals Names Gordon Dunn Chief Operations Officer
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.38%
Tags
none
-
News
Compass Minerals Declares Fiscal Second Quarter of 2024 Dividend
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.26%
Tags
dividends earnings
-
News
Compass Minerals Reports Fiscal 2024 First-Quarter Results
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.81%
Tags
earnings
News
Compass Minerals Announces Conference Call to Discuss First-Quarter Fiscal 2024 Results
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.34%
Tags
earnings
Stock CMP logo
Compass Minerals International Inc

NYSE:CMP

CMP Rankings

#2850 Ranked by Market Cap
#4246 Ranked by Stock Gains
#742 Ranked by Dividends

CMP Stock Data

590.75M
41.15M
1.07%
101.66%
7.64%
Potash, Soda, and Borate Mineral Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
US
Overland Park

About CMP

compass minerals (nyse: cmp) (www.compassminerals.com) is a leading provider of essential minerals that provide solutions to nature’s challenges, including salt for winter roadway safety and other consumer, industrial and agricultural uses, and specialty plant nutrition minerals that improve the quality and yield of crops. the company produces its minerals at locations throughout the u.s. and canada and in the u.k. based in the kansas city metropolitan area, the company provides bulk treated and untreated highway deicing salt to customers in north america and the united kingdom and plant nutrients to growers worldwide. compass minerals also produces consumer deicing and water conditioning products, consumer and commercial culinary salt, and other mineral-based products for consumer, agricultural and industrial applications. in addition, the company provides records management services to businesses throughout the united kingdom. though the company’s history stretches back as far as