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.
News and updates for LSB Industries, Inc. (NYSE: LXU) focus on its role as a manufacturer of ammonia and ammonia-related products for agricultural, industrial and mining end markets. Company press releases and Form 8-K filings provide regular visibility into operating results, market conditions and progress on low and no carbon initiatives.
LSB frequently reports its quarterly financial performance, including net sales, product sales by category such as ammonia, urea ammonium nitrate (UAN), ammonium nitrate (AN) and nitric acid, key product volumes, average selling prices and input costs like natural gas. These earnings releases are often paired with conference call announcements and investor presentations, which are referenced in the company’s SEC filings.
Beyond earnings, LXU news highlights participation in investor and industry conferences, including industrials, materials, energy transition and decarbonization events. The company also issues updates on its El Dorado Carbon Capture and Sequestration project with Lapis Carbon Solutions, its efforts to produce low carbon ammonia and ammonia-based products, and recognition such as verified ammonia carbon intensity pre-certification at its El Dorado facility.
Corporate governance developments, such as appointments to the Board of Directors, and commentary on market dynamics in agricultural, industrial and mining end markets also appear in LSB’s news flow. Investors and observers can use this news page to follow LXU’s reported performance, strategic projects related to low and no carbon products, and management’s views on fertilizer, industrial chemical and mining-related demand.
LSB Industries (NYSE: LXU) has announced its schedule for the 2025 first quarter financial results release and conference call. The company will release its Q1 2025 results on Tuesday, April 29, 2025 after market close, followed by a conference call on Wednesday, April 30, 2025 at 10:00 am ET / 9:00 am CT.
The conference call will feature key executives including CEO Mark Behrman, CFO Cheryl Maguire, and CCO Damien Renwick. Participants can join via phone at (877) 407-6176 / (201) 689-8451, with dial-in recommended 10 minutes before the start. A webcast and slide presentation will be available in the Investors section of LSB's website under Events & Presentations.
LSB Industries (NYSE: LXU) has announced the appointment of Riccardo Bertocco as an independent Board member, effective April 9, 2025. Bertocco brings over 25 years of management consulting experience, with expertise in energy transition, renewables, and operational optimization.
Most recently, Bertocco served as Managing Director and Partner at Boston Consulting Group (2018-2023), leading the Power and Utilities sector. He previously worked as a Partner at Bain & Company, focusing on oil and gas clients across Europe and the Americas.
The announcement also includes the retirement of Richard Sanders from the Board, effective May 15, 2025. Sanders, who joined in 2014 and served as Interim EVP of Chemical Manufacturing (2015-2016), will not seek re-election at the 2025 Annual Meeting.
LSB Industries (NYSE: LXU) reported Q4 2024 results with net sales of $134.9M, up from $132.6M in Q4 2023. The company posted a Q4 net loss of $9.1M compared to $5.3M loss in Q4 2023, impacted by $17.1M in turnaround costs and $3.1M in asset write-downs.
Full-year 2024 performance showed net sales of $522.4M versus $593.7M in 2023, with a net loss of $19.4M compared to $27.9M profit in 2023. Adjusted EBITDA reached $129.5M in 2024, slightly down from $132.7M in 2023.
Notable achievements include:
- Record urea and UAN production at Pryor facility in December
- Debt reduction of 17% through $96.6M Senior Secured Notes repurchase
- $12.1M in share repurchases (1.5M shares)
- $184.2M cash position with $485.3M total debt as of December 31, 2024
LSB Industries (NYSE: LXU) has announced it will release its financial results for the fourth quarter and full year ended December 31, 2024 on Wednesday, February 26, 2025, after market close. The company will host a conference call on Thursday, February 27, 2025, at 10:00 am ET to discuss the results.
The conference call will feature Chairman, President & CEO Mark Behrman, EVP & CFO Cheryl Maguire, and EVP & CCO Damien Renwick. Participants can join by dialing (877) 407-6176 or (201) 689-8451. A webcast and slide presentation will be available in the Investors section of LSB's website under Events & Presentations.
LSB Industries (NYSE: LXU) has released its 2023 Sustainability Report, showcasing the company's ongoing commitment to sustainability and clean energy transition. The report emphasizes LSB's focus on producing low carbon products for various markets while maintaining sustainable business practices that benefit employees, customers, suppliers, communities, and the environment.
Chairman and CEO Mark Behrman highlighted the company's continued progress toward long-term sustainability goals since their inaugural report last year. He emphasized that sustainability remains an integral part of LSB's strategic plan for future growth and development. The complete 2023 report is accessible through LSB's newly redesigned website.
LSB Industries (NYSE: LXU) has announced the schedule for its 2024 third quarter financial results release and conference call. The company will release its financial results for the quarter ended September 30, 2024, on Tuesday, October 29, 2024, after the stock market closes. A conference call to discuss these results will be held on Wednesday, October 30, 2024, at 10:00 am ET / 9:00 am CT.
The call will feature Chairman, President & CEO Mark Behrman, EVP & CFO Cheryl Maguire, and EVP & CCO Damien Renwick. Interested parties can participate by dialing (877) 407-6176 / (201) 689-8451. A webcast of the call and accompanying slide presentation will be available on LSB's website at www.lsbindustries.com in the Investors section under Events & Presentations.
LSB Industries (NYSE: LXU) announced its EVP & CFO, Cheryl Maguire, will participate in two upcoming investor conferences in New York City:
- Jefferies Industrials Conference on September 4th
- UBS Global Materials Conference on September 5th
Maguire will engage in 'fireside chat' discussions with analysts at both events, which will be webcast and available for replay on LSB's website. She will also be available for one-on-one meetings throughout the day at these conferences. Interested parties can schedule meetings through their sales representatives at the host firms or by contacting LSB's VP of Investor Relations, Fred Buonocore.
LSB Industries (NYSE: LXU) announced the retirement of Richard Roedel as Chairman of the Board due to health reasons. Mark Behrman, the company's President and CEO, has been elected as the new Board Chairman, while Lynn White has been appointed Lead Independent Director. Mr. Roedel will remain on the Board until a successor is identified to ensure a smooth transition.
Mr. Behrman, who joined LSB in 2014 and became President and CEO in 2018, has led the company through operational and balance sheet transformation. He has also established LSB's low carbon ammonia strategy. With 30 years of experience in finance and investment banking, Mr. Behrman has been instrumental in positioning LSB for future growth in the global energy transition.
LSB Industries (NYSE: LXU) reported Q2 2024 results with net sales of $140 million, down from $166 million in Q2 2023. Net income decreased to $10 million from $25 million, and diluted EPS fell to $0.13 from $0.33 year-over-year. Adjusted EBITDA was $41 million, compared to $47 million in Q2 2023.
The company highlighted a five-year agreement to supply low carbon ammonium nitrate solution to Freeport Minerals LSB Industries continued its share repurchase program, buying back 0.8 million shares in Q2 and 1.5 million year-to-date. The company also repurchased $64 million in principal amount of Senior Secured Notes during Q2, reducing total debt to approximately $486 million.
LSB Industries is progressing on two clean ammonia projects, with the EPA expected to make a final decision on the El Dorado carbon capture and sequestration project by Spring 2025. The company remains focused on becoming a leader in low carbon ammonia production.
LSB Industries (NYSE: LXU) has announced the schedule for its 2024 second quarter financial results release and conference call. The company will release its financial results for the quarter ended June 30, 2024, on Wednesday, July 31, 2024, after the stock market closes. A conference call to discuss these results will be held on Thursday, August 1, 2024, at 10:00 am ET / 9:00 am CT.
The call will feature President & CEO Mark Behrman, EVP & CFO Cheryl Maguire, and EVP & CCO Damien Renwick. Interested parties can participate by dialing (877) 407-6176 / (201) 689-8451. A webcast of the call and accompanying slide presentation will be available on LSB's website in the Investors section under Events & Presentations.