CF(US:CF)2025-05-08 11:21Financial Performance - Q1 2025 net earnings were $312 million[8] - Q1 2025 adjusted EBITDA reached $644 million[9], driven by higher volumes and lower costs[15] - Last Twelve Months (LTM) adjusted EBITDA was $2.5 billion[10] - LTM free cash flow was $1.6 billion[10], with a 63% free cash flow to adjusted EBITDA conversion rate[10] - $530 million was returned to shareholders in Q1 2025 through share repurchases and dividends[14, 19] Capital Allocation and Shareholder Value - A new share repurchase authorization of $2 billion was approved, expiring in December 2029[14] - Approximately $630 million remains in the current $3 billion share repurchase authorization, expected to be completed by December 2025[10, 14, 21, 25] - Since 2022, $5 billion has been returned to shareholders[25] Operational and Strategic Highlights - Gross ammonia production in 2025 is expected to be approximately 10 million tons[14] - Final Investment Decision (FID) was announced for the Blue Point Joint Venture low-carbon ammonia production facility with partners JERA and Mitsui[14] - CF's estimated capital investment for the Blue Point JV is $2.15 billion ($1.6 billion for the production facility and $550 million for scalable infrastructure)[32]