Nutrien Stock Price, News & Analysis

Nutrien Ltd (NYSE:NTR) has declared a quarterly dividend of US$0.48 per share, payable on October 14, 2022, to shareholders of record on September 30, 2022. Shareholders in Canada will receive dividends in Canadian dollars, while U.S. residents will receive them in U.S. dollars, with options to change currency or enroll in direct deposit. All dividends are classified as eligible under Canadian tax law.

Nutrien is known as the world's largest provider of crop inputs and services, producing about 27 million tonnes of various agricultural products.

Nutrien Ltd. reported strong Q2 2022 results, posting net earnings of $3.6 billion ($6.51 per share) boosted by a $450 million non-cash impairment reversal. Adjusted net earnings per share reached $5.85, with adjusted EBITDA at $5.0 billion. The company anticipates ongoing supply challenges across the agriculture sector and plans to complete its 10% share repurchase program, returning approximately $6 billion to shareholders in 2022. Nutrien's adjusted EBITDA guidance for the year is now set between $14.0 billion and $15.5 billion.

Nutrien Ltd. has announced its acquisition of Brazilian company Casa do Adubo S.A., which includes 39 retail locations and 10 distribution centers across various states. This strategic move is projected to add approximately US$400 million in run-rate sales, bringing Nutrien's total annual sales in Latin America to US$2.2 billion. Following the acquisition, Nutrien anticipates exceeding its target of US$100 million in adjusted EBITDA for Brazil by 2023. The acquisition is pending regulatory approval and aims to enhance Nutrien's service capabilities in a key agricultural market.

Nutrien Ltd (NYSE: NTR) will release its second quarter earnings results on August 3, 2022, after market close. A conference call will follow on August 4, 2022, at 10:00 a.m. EDT, to discuss the earnings and outlook. Investors can join by calling 1-888-886-7786 or 1-416-764-8683, with a webcast available on Nutrien's website. A recording of the call will be accessible until November 2, 2022.

Nutrien is the largest global provider of crop inputs, producing approximately 27 million tonnes of essential products.

Nutrien Ltd (NYSE:NTR) plans to increase its potash production capability to 18 million tonnes by 2025, enhancing its position in the fertilizer market amid global supply challenges. The company aims to invest approximately $2 billion in share repurchases in 2022, bringing total repurchases to $4 billion. Additionally, Nutrien is advancing its nitrogen portfolio with an expected 500,000 tonnes capacity increase by 2025 and a potential clean ammonia facility in Louisiana. These initiatives reflect confidence in future earnings and growth in response to rising global food security concerns.

Nutrien Ltd. (NYSE: NTR) is evaluating its Geismar, Louisiana site for the construction of a clean ammonia facility with an annual capacity of 1.2 million tonnes. This facility aims for a 90% reduction in CO₂ emissions and may cost around US$2 billion, with operations expected by 2027. Nutrien is partnering with Denbury Inc. for carbon sequestration and Mitsubishi Corporation for Asian market offtake. The project aligns with Nutrien's sustainability goals and commitment to decarbonizing the agriculture sector.

Denbury Inc. and Nutrien Ltd. announced a new agreement for carbon capture and storage (CCUS) at Nutrien's Geismar, Louisiana facility. This initiative aims to support a clean ammonia project with an annual capacity of 1.2 million metric tons and capture about 1.8 million metric tons of CO₂. The agreement spans 12 years with options for two extensions. This partnership expands their long-term collaboration in reducing emissions, with Denbury's CO₂ storage potential exceeding 1.4 billion metric tons across multiple states.

Nutrien Ltd (NYSE: NTR) has declared a quarterly dividend of US$0.48 per share, payable on July 15, 2022, to shareholders recorded by June 30, 2022. Shareholders in Canada will receive dividends in Canadian dollars, while those in the U.S. will get them in US dollars, with the option to change the currency. All dividends are designated as eligible dividends under Canadian tax law. With a commitment to sustainable farming, Nutrien is the world's largest provider of crop inputs, producing approximately 27 million tonnes of various products.

Nutrien Ltd (NYSE: NTR) reported the results of its annual meeting held on May 17, 2022, with 431,009,629 shares represented, equating to 78.01% of outstanding shares. All 11 director nominees were elected, receiving over 90% approval, with the highest being Aaron W. Regent at 99.42%. KPMG was re-appointed as auditors with a 99.69% approval. A non-binding advisory vote on executive compensation passed with 93.36% in favor. Detailed voting results will be available on SEDAR and EDGAR.