Mosaic Stock Price, News & Analysis

The Mosaic Company (NYSE:MOS) announced its financial results for 2020, showcasing a strong performance despite market challenges. The company is a leading producer of phosphate and potash crop nutrients. Key financials include robust earnings, with comprehensive resources available for investors on their official site. A conference call is scheduled for February 18, 2021, at 11:00 AM ET to discuss these results further. Investors can access this call through web and dial-in options. For more information, visit Mosaic's investor page.

TAMPA, FL / ACCESSWIRE / February 9, 2021: The U.S. Department of Commerce has determined that phosphate fertilizer imports from Morocco and Russia are unfairly subsidized, imposing a subsidy rate of 19.97% for Morocco's OCP and rates of 9.19% and 47.05% for Russia’s PhosAgro and EuroChem, respectively. The U.S. International Trade Commission is investigating potential material injury to the U.S. phosphate industry, with a ruling expected by mid-March. If affirmative, countervailing duties could be enacted for at least five years, supporting U.S. fertilizer competitiveness.

The Mosaic Company (NYSE:MOS) will announce its 2020 full-year and fourth-quarter earnings on February 17, 2021, after market close. The earnings release will include a full report, presentation slides, and performance data, available on their website. Additionally, the company will host a conference call on February 18, 2021, at 11:00 a.m. ET to discuss the results and answer submitted questions. Investors can dial 678.825.8336 for participation, using the Conference ID 8393189.

The Mosaic Company (NYSE:MOS) declared a quarterly dividend of $0.05 per share, to be paid on March 18, 2021, for stockholders on record as of March 4, 2021. The continuation of future dividends is contingent upon approval from the Board of Directors, with no guarantee of additional dividends. Mosaic is a leading producer of phosphate and potash fertilizers used in agriculture, emphasizing its significant role in the global market.

The Mosaic Company (NYSE:MOS) reported significant sales figures for November 2020, showcasing a robust performance across its business units.

In Potash, sales volumes reached 746,000 tonnes, generating $162 million in revenue, compared to 356,000 tonnes and $92 million in November 2019.

Mosaic Fertilizantes recorded sales volumes of 694,000 tonnes with revenues of $242 million, while Phosphates achieved 719,000 tonnes sold, leading to revenues of $312 million.

The Mosaic Company (NYSE:MOS) is set to host a virtual Analyst Presentation on December 10, 2020, from 9:00 AM to 10:00 AM ET. This event will focus on its strategic priority: Grow and Strengthen our Portfolio, and Act Responsibly. Participants can register on the company's website and will have the opportunity to ask questions during the webcast. The presentation will provide insights into the company's strategy and performance outlook through 2023. Replays will be available post-event on Mosaic's official site.

The Mosaic Company welcomes the U.S. Department of Commerce's preliminary findings that Moroccan and Russian phosphate fertilizer imports are benefiting from government subsidies. The subsidy rates identified are 23.46% for Morocco and rates ranging from 20.94% to 72.5% for Russia. These rates will soon impose preliminary cash deposits on these imports. Mosaic emphasizes the importance of fair trade for U.S. farmers and anticipates that the final determinations will be issued by February 2021 and March 2021, respectively.

The Mosaic Company (NYSE:MOS) reported its October 2020 sales performance, revealing notable shifts in sales volumes and revenues across its business units. In Potash, sales volumes rose to 855,000 tonnes from 607,000 tonnes year-over-year, with revenues increasing to $180 million from $158 million. However, Mosaic Fertilizantes saw a drop in sales volumes to 818,000 tonnes from 888,000 tonnes, resulting in a revenue decline to $271 million from $350 million. Phosphate sales showed improvements with volumes up to 712,000 tonnes and revenues at $294 million, compared to 595,000 tonnes and $215 million in October 2019.

The Mosaic Company (NYSE:MOS) will conduct a virtual analyst presentation on November 9, 2020, from 9:00 AM to 10:00 AM ET. This session will highlight the company's growth strategy in South America, focusing on business unit performance and future outlook through 2023. Participants can register for the live webcast on Mosaic's investor website. The event will also allow attendees to submit questions, and replays will be accessible afterward. Mosaic is a leading global producer of phosphate and potash fertilizers.