Toronto, Ontario, May 02, 2025 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (TSXV:SOP.H) (the "Company" or "SOPerior") announces all directors have resigned from the Board, effective April 30, 2025. In addition, all officers have resigned their positions as officers, effective April 30, 2025. The following directors and officers have resigned from the Company: Alan C. Abrams (Director); Arran Thorpe (Director); Andrew Squires (Chief Executive Officer and Director); and Olga Nikitovic (Chief Financial O ...

Core Viewpoint - International Flavors & Fragrances Inc. (IFF) is expected to report a decline in sales and earnings for the first quarter of 2025, with a consensus estimate of $2.83 billion in sales, reflecting a 2.2% decrease year-over-year, and earnings per share estimated at $1.12, indicating a 0.9% dip from the previous year [1][2]. Financial Estimates - The consensus estimate for IFF's sales is $2.83 billion, down 2.2% from the prior year [1]. - The earnings estimate is $1.12 per share, which has increased by 2.7% over the past 60 days but shows a year-over-year decline of 0.9% [2]. - The earnings estimates for upcoming quarters are as follows: Q2 at $1.17, F1 at $4.20, and F2 at $4.54 [2]. Earnings Surprise History - IFF has beaten the Zacks Consensus Estimates in three of the last four quarters, with an average surprise of 17.9% [3][4]. Earnings ESP and Zacks Rank - IFF has an Earnings ESP of +1.05%, indicating a potential earnings beat [5]. - The company currently holds a Zacks Rank of 3, suggesting a hold position [6]. Performance Factors - IFF is experiencing volume growth across its business segments, which is expected to positively impact sales performance [7]. - The company is facing high raw material costs and additional expenses related to labor, shipping, and cleaning, which may negatively affect margins despite cost reduction efforts [8]. Segment Projections - The Nourish segment is projected to see a 3.6% decline in sales to $1.44 billion, with operating EBITDA expected to fall 2.1% to $211 million [9]. - The Scent segment's sales are estimated to decrease by 6% to $606 million, with operating EBITDA projected to decline 15.9% to $132 million [10]. - The Health & Biosciences segment is expected to report sales of $532 million, reflecting a slight increase of 0.2%, with operating EBITDA anticipated to rise 1.7% to $162 million [11]. Recent Developments - IFF completed the divestiture of its Pharma Solutions business to Roquette on May 1, 2025, which is expected to help the company achieve its target net debt to credit-adjusted EBITDA ratio of below 3.0X [12]. Stock Performance - Over the past year, IFF shares have decreased by 8%, contrasting with a 0.4% growth in the industry [13].

Company Overview - Intrepid Potash (IPI) currently holds a Momentum Style Score of B, indicating a favorable position in momentum investing [2][11] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3][11] Price Performance - IPI shares have increased by 14.34% over the past week, outperforming the Zacks Fertilizers industry, which rose by 5.63% during the same period [5] - Over the past month, IPI's price change is 13.58%, compared to the industry's 8.07% [5] - In the last quarter, IPI shares have gained 25.15%, and over the past year, they have increased by 66.7%, while the S&P 500 has moved -7.64% and 10.16%, respectively [6] Trading Volume - The average 20-day trading volume for IPI is 194,374 shares, which serves as a baseline for price-to-volume analysis [7] Earnings Estimates - In the past two months, one earnings estimate for IPI has moved higher, while none have moved lower, resulting in an increase in the consensus estimate from -$0.45 to -$0.16 [9] - For the next fiscal year, one estimate has also moved upwards with no downward revisions [9] Conclusion - Considering the positive price trends and earnings outlook, IPI is positioned as a promising momentum pick, making it a stock to watch for potential near-term gains [11]

Company Overview - Mosaic is headquartered in Tampa and operates in the Basic Materials sector, specifically in fertilizer production [3] - The company's stock has experienced a price change of 23.07% year-to-date [3] Dividend Information - Mosaic currently pays a dividend of $0.22 per share, resulting in a dividend yield of 2.91%, which is higher than the Fertilizers industry's yield of 2.46% and the S&P 500's yield of 1.64% [3] - The annualized dividend of $0.88 represents a 4.8% increase from the previous year [4] - Over the past five years, Mosaic has increased its dividend three times, achieving an average annual increase of 45.27% [4] - The current payout ratio is 42%, indicating that Mosaic pays out 42% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year 2025, the Zacks Consensus Estimate for Mosaic's earnings is projected at $2.20 per share, reflecting a year-over-year growth rate of 11.11% [5] Investment Considerations - Dividends are favored by investors as they enhance stock investing profits, reduce overall portfolio risk, and offer tax advantages [6] - Established firms with secure profits are typically viewed as the best dividend options, while high-growth businesses and tech startups rarely offer dividends [7] - Mosaic is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [7]

The market expects CF Industries (CF) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2025. 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 stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...

Group 1 - The article emphasizes the importance of patience when investing in CVR Partners, L.P. (NYSE: UAN), a variable-distribution fertilizer MLP, suggesting that long-term holding is preferred unless compelling reasons to sell arise [1] - The author has a background in the energy industry and has managed a personal investment portfolio since 1998, aiming to match the S&P 500 returns with lower volatility and higher income [1] - The investment strategy focuses on identifying opportunities without regard to asset class, market cap, sector, or yield, with an emphasis on maximizing total return by purchasing when prices are low relative to intrinsic value [1]

Q4'24 Earnings Presentation February 27, 2025 1 Forward-Looking Statements Statements in this presentation that are not historical are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements, which are subject to known and unknown risks, uncertainties and assumptions about us, may include , but are not limited to, statements regarding: our business strategy; anticipated future operating results and operating expenses, cash ...

Financial Data and Key Metrics Changes - For the first quarter of 2025, the company reported a consolidated net loss of $105 million and a loss per share of $1.22, with EBITDA also reflecting a loss of $61 million [5][13] - Adjusted EBITDA for the quarter was $24 million, while adjusted loss per share was $0.58 [13] - The negative mark to market impact on outstanding RFS obligations was $112 million, with a favorable inventory valuation impact of $24 million [13] Business Line Data and Key Metrics Changes - In the Petroleum segment, total throughput for Q1 2025 was approximately 125,000 barrels per day, with a light product yield of 95% [5][6] - Adjusted EBITDA for the Petroleum segment was a loss of $30 million, driven by reduced throughput volumes due to planned and unplanned downtime [13] - The Renewables segment achieved an adjusted EBITDA of $3 million, an improvement from a negative $5 million in the prior year, primarily due to higher throughput volumes and increased RIN prices [11][14] - The Fertilizer segment reported an adjusted EBITDA of $53 million, supported by higher UAN sales volumes and ammonia sales prices [14] Market Data and Key Metrics Changes - Group 3 2-1-1 benchmark cracks averaged $17.65 per barrel in Q1 2025, down from $19.55 per barrel in the same period last year [6] - Average RIN prices were approximately $0.84, an increase of over 25% from the previous year [6] - Days of gasoline supply were reported to be 12% below the five-year average, while diesel supply was 17% below [19] Company Strategy and Development Direction - The company plans to ramp up refinery operations to full rates over the second quarter of 2025, with no additional turnarounds planned until 2027 [6][17] - The company is focusing on reducing debt and restoring balance sheet leverage ratios while looking for ways to improve capture and reduce costs [25] - The company is optimistic about the potential for increased jet fuel production, which is not subject to RVO, thereby reducing annual RIN obligations [21][22] Management's Comments on Operating Environment and Future Outlook - Management noted that refining market conditions began to improve in Q1 2025, driven by a heavy spring maintenance season and refinery closures [18] - The company expressed confidence in recovering strong margins post-turnaround, despite challenges faced during the Coffeyville turnaround [46][47] - Management highlighted the importance of government support for renewable businesses, indicating a cautious approach to further investments in renewables without assurance of stable credits [56] Other Important Information - The company ended Q1 2025 with a consolidated cash balance of $695 million and total liquidity of approximately $894 million [16] - Significant cash uses included $94 million for capital and turnaround spending, and $113 million for working capital, primarily associated with inventory buildup during the turnaround [16] Q&A Session Summary Question: Understanding refining macro and demand resilience - Management indicated that days of supply have shrunk, suggesting a correcting supply-demand balance, with expectations for summer demand to influence gasoline and diesel markets [28] Question: RVO and SRE implications - Management believes decoupling D4 from D6 is important and criticized the government's handling of RFS, emphasizing the need for lower RIN prices to benefit consumers [31][32][33] Question: Renewable diesel EBITDA expectations - Management noted that RIN prices and feedstock costs are favorable, but emphasized the need for clarity on PTC rules before making further investments [36][37] Question: Jet expansion at Coffeyville - Management expressed confidence in securing contracts with major airlines as existing contracts expire, indicating a positive outlook for jet fuel demand [52] Question: Insider activity at the company - Management refrained from commenting on insider activity, suggesting inquiries should be directed to the individuals involved [80]

Financial Data and Key Metrics Changes - For Q1 2025, the company reported net sales of $143 million, net income of $27 million, and EBITDA of $53 million, with a declared distribution of $2.26 per common unit [5][8] - Compared to Q1 2024, EBITDA increased primarily due to higher UAN sales volumes and higher market prices for ammonia, along with lower pet coke feedstock costs [8][6] - Direct operating expenses for Q1 2025 were $54 million, with an increase of approximately $1 million relative to Q1 2024, mainly due to higher natural gas and electricity costs [8][9] Business Line Data and Key Metrics Changes - Combined ammonia production for Q1 2025 was 216,000 gross tons, with 64,000 net tons available for sale, and UAN production was 348,000 tons [5][6] - The company sold approximately 336,000 tons of UAN at an average price of $256 per ton and approximately 60,000 tons of ammonia at an average price of $554 per ton [6][8] - Ammonia prices increased by 5% year-over-year, while UAN prices declined by 4% due to delayed shipments [6][11] Market Data and Key Metrics Changes - The USDA estimates that farmers will plant approximately 95 million acres of corn and 83 million acres of soybeans in spring 2025, with inventory carryout levels for corn at approximately 109% for soybeans [11][12] - Current grain prices are $4.75 per bushel for corn and $10.50 for soybeans, which are below the ten-year averages, supporting strong demand for nitrogen fertilizer [11][12] - The company anticipates that tight nitrogen fertilizer inventories and solid demand will support continued price increases for the spring [6][11] Company Strategy and Development Direction - The company is focused on reliability and performance, with ongoing projects aimed at reducing downtime and improving production rates [18][19] - Plans include installing a nitrous oxide abatement unit at the Coffeyville plant and utilizing natural gas as an alternative feedstock [17][18] - The company expects 2025 to be a period of higher volatility, influenced by geopolitical risks and natural gas market issues in Europe [15][17] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for a strong planting season due to favorable weather and attractive farmer economics [6][11] - Concerns were raised about the potential impact of tariffs on fertilizer and grains, which could lead to higher domestic prices [12][14] - The company expects to see higher UAN prices in Q2 2025, reflecting current market conditions [32] Other Important Information - The company ended Q1 2025 with total liquidity of $172 million, consisting of $122 million in cash and $50 million available under the ABL facility [9] - Capital spending for 2025 is estimated to be between $50 million and $60 million, with a significant portion funded through cash reserves [9][10] Q&A Session Summary Question: Can you discuss the step down in utilization rates from Q1? - Management explained that the step down is due to the installation of a new control system at the East Dubuque facility, not a performance issue [23][24] Question: What is the status of growth projects and their impact on ammonia production? - Management indicated that several projects aim to reduce downtime and potentially expand nameplate capacity, leading to increased production over the next two to three years [25][26] Question: Can you provide a cost estimate for the natural gas project? - Management mentioned that the cost is expected to be in the low double-digit millions, with ongoing evaluations of alternatives [27][28] Question: Should we expect more reserves for future operating needs? - Management clarified that reserves are being set aside for growth projects and to ensure cash availability for future capital expenditures [29][30] Question: Will UAN pricing improve in Q2? - Management confirmed that UAN prices are expected to reflect higher market prices in Q2, following an increase since December [32] Question: How will the tight inventory impact summer fill pricing? - Management expressed optimism that tight inventory levels will bode well for summer fill pricing for both ammonia and UAN [33][34] Question: What is the perspective on the pricing divergence between urea and ammonia? - Management noted that the pricing gap is influenced by regional market conditions and supply-demand dynamics, with strong demand for urea and UAN [35][36] Question: How will China's reduced corn purchases affect American farmers? - Management indicated that Mexico is a more significant buyer of corn, and while China may reduce soybean purchases, global demand for corn and soybeans remains strong [39][40]

CVR Partners (UAN) Q1 2025 Earnings Call April 29, 2025 11:00 AM ET Company Participants Richard Roberts - VP - FP&A and IRMark Pytosh - CEO, President & Director of CVR GP LLCDane Neumann - EVP, CFO, Treasurer & Assistant Secretary Conference Call Participants Rob McGuire - Equity Research Analyst Operator Greetings, and welcome to the CVR Partners First Quarter twenty twenty five Conference Call. At this time, all participants are in a listen only mode. A brief question and answer session will follow the ...