simonkr If the stock market is headed for a further 3Q downdraft, as some expect, investors may want to consider their individual timing relative to my buy recommendation for CF Industries Holdings (NYSE:CF) to apply after the overall market stabilizes. At the same time, short-term traders should be aware the company’s 2Q24 earnings date is August 7, 2024. CF Industries is the world’s largest ammonia producer, with 10.4 million tons/year of capacity. Ammonia is the key ingredient for fertilizer. CF’s ma ...

The market expects CF Industries (CF) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on August 7, 2024, might help the stock move higher if these key numbers are bett ...

CF Industries Holdings, Inc. (CF) recently stated that it is moving forward with a carbon capture and sequestration (CCS) project at its Yazoo City, MS, Complex, which is estimated to reduce carbon dioxide (CO2) emissions to the atmosphere by up to 500,000 metric tons per year. As part of the project, CF inked a definitive commercial deal with ExxonMobil for CO2 transport and sequestration in permanent geologic storage. Sequestration is projected to begin in 2028.CF Industries will invest around $100 millio ...

simonkr/E+ via Getty Images Investment Thesis Since my last post on it, CF Industries Holdings, Inc. (NYSE:CF) has faced several issues affecting performance, with their shares declining by 8.35% over the last year, primarily due to a drastic decline in ammonia prices. Global ammonia prices have fallen by over 50% since the peak in 2022, adding margin pressure on companies (like CF) reliant on these prices for profitability. Adding to the woes, the sector has seen a broader rotation out of commodity ind ...

CF Industries Holdings, Inc. (CF) and POET LLC, the world's largest producer of biofuel and a global leader in sustainable bioproducts, announced a partnership to test the use of low-carbon ammonia fertilizer to reduce the carbon intensity of corn production and ethanol. Demand for lower-carbon ethanol is likely to rise considerably to fulfill low-carbon fuel standards.Although ammonia is a popular direct-application fertilizer for corn production in the United States, the traditional ammonia production pro ...

CF Industries Holdings, Inc. (CF) is poised to gain from higher nitrogen fertilizer demand in major markets and lower natural gas costs amid headwinds from softer nitrogen prices.The company’s shares have declined 4.1% over a year compared with a 25.3% decline of its industry. Image Source: Zacks Investment ResearchLet’s find out why this Zacks Rank #3 (Hold) stock is worth retaining at the moment. CF Gains on Healthy Nitrogen Demand, Lower Gas CostsCF Industries is benefiting from rising global demand for ...

CF Industries Holdings, Inc. (CF) is expected to benefit from healthy nitrogen fertilizer demand in major markets and lower natural gas costs. However, it is exposed to headwinds from lower nitrogen prices. The company’s shares have gained 16.4% over a year compared with a 9.8% decline of its industry. Image Source: Zacks Investment Research ...

财务数据和关键指标变化 - 公司在第一季度的调整后EBITDA为4.6亿美元,反映了生产网络出现的挑战 [9] - 维修费用同比增加约7500万美元,可升级的氨气产量减少约16万吨,相当于减少了约27.5万吨的尿素产量和销售 [28][29] 各条业务线数据和关键指标变化 - 公司预计2024年全年氨气产量约为980万吨,反映了正常的资产利用率 [30] 各个市场数据和关键指标变化 - 北美地区氮肥需求预计将保持积极,玉米种植面积约为9100万英亩,土壤湿度良好支持较高的施肥率 [15][16] - 预计春季氨水季节施用量将有所减少,但全年氨水施用量应与往年相当 [17] - 由于北美地区库存较低,预计本季度结束时整个北美氮肥渠道的所有产品库存将较低 [18] - 全球氮肥市场供给状况有所放松,导致全球价格低于今年早些时候的水平 [19][20] 公司战略和发展方向及行业竞争 - 公司正在评估不同的技术路径,以实现非常低的碳强度解决方案,包括直接SMR、SMR加烟气捕集以及ATR [116][117][118] - 公司正在与多个合作伙伴就低碳氨项目进行讨论,包括JERA和三井 [121][122][123] - 公司将采取谨慎的投资方式,关注项目的收益情况、满足客户碳强度要求的技术以及全球需求前景 [34][35] 管理层对经营环境和未来前景的评论 - 长期来看,北美的能源成本结构将继续为公司的生产网络提供显著的利润空间,低碳氨项目也为公司提供了稳健的增长平台 [39][40] - 尽管面临第一季度的挑战,但公司相信未来几年前景看好 [37][38] 问答环节重要的提问和回答 问题1 **Chris Parkinson 提问** 您如何看待当前的全球成本曲线?[44] **Tony Will 回答** 我们认为欧洲的许多生产设施将继续面临重大挑战,预计利用率将持续低迷,部分资产可能会永久关闭。加上其他地区的挑战,我们预计未来供需格局将趋紧,这将为北美的低成本生产网络创造有利条件。[46][47][48][49][50] 问题2 **Joel Jackson 提问** 您能否就2025年的氨气总产量提供一些展望?[64][65] **Chris Bohn 回答** 我们预计2025年及以后的氨气总产量将保持在约1000万吨左右的水平,这与我们之前公布的数字相当。具体的产品组合会根据利润空间的变化而调整。[68][69] 问题3 **Andrew Wong 提问** 您如何看待未来到2030年清洁氨的需求情况,主要应用领域会是什么?[76][77][78][79] **Tony Will 和 Bert Frost 回答** 我们预计到2030年,日本有5个电厂将改造为20%氨共燃,这相当于约200万吨的需求。此外,航空燃料、农业等领域也将拉动清洁氨的需求增长。[78][79][80][81]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-32597 CF INDUSTRIES HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 20-2697511 (State or other juri ...

CF Industries Holdings, Inc. (CF) reported a first-quarter 2024 profit of $194 million or $1.03 per share, down from $560 million or $2.85 per share in the year-ago quarter. Earnings per share missed the Zacks Consensus Estimate of $1.47. Net sales fell 26.9% year over year to $1,470 million in the quarter. The figure missed the Zacks Consensus Estimate of $1,473.9 million. Average selling prices in the reported quarter were lower than in the first quarter of 2023 as decreased global energy costs reduced th ...