Nutrien Agrees to Divest 50% Stake in Profertil for $600 Million

Core Insights - Nutrien Ltd. has agreed to sell its 50% equity interest in Profertil S.A., an Argentina-based nitrogen producer, for approximately $600 million on a pre-tax basis [1][7] - The transaction aligns with Nutrien's long-term strategy, allowing the company to focus on core competencies and use proceeds for growth investments, share repurchases, and debt reduction [2][7] - The sale is expected to close before the end of 2025, subject to customary closing conditions, and includes a 90-day right of first refusal for the other equity holder [3][7] Financial Performance - Nutrien's nitrogen operating segment earnings from Profertil recorded approximately $60 million over the previous four quarters [3] - NTR stock has gained 32.3% over the past year, outperforming the industry's 26.9% rise [4] Market Position - Nutrien currently holds a Zacks Rank 3 (Hold), while competitors like The Mosaic Company and Carpenter Technology Corporation have higher rankings [5] - The Zacks Consensus Estimate for The Mosaic Company's 2025 earnings indicates a rise of 60.10% from year-ago levels, with shares gaining 36.7% in the past year [6] - Carpenter Technology Corporation's current fiscal-year earnings are expected to increase by 27.14% year-over-year, with shares surging 86.9% in the past year [8] - Avino Silver & Gold Mines Ltd. has seen a significant increase of 355.3% in its shares over the past year [9]