Stock Data
$2.34 (3.51%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
BASIC MATERIALS
Industry
AGRICULTURAL INPUTS
Nutrien Ltd. is a leading provider of agricultural products and services, focusing on helping farmers increase crop production with a comprehensive range of inputs. It offers everything from crop nutrients and protection products to seeds and merchandise through its extensive network of farm centers across North America, South America, and Australia. The company's operations are divided into four main segments: Retail, Potash, Nitrogen, and Phosphate, each specializing in different aspects of agricultural production, from fertilizers to industrial and feed products. Headquartered in Saskatoon, Canada, Nutrien plays a crucial role in supporting global agriculture.
Surging sulfur costs gutted Nutrien's Phosphate segment, where adjusted EBITDA fell 75% to $23 million and turned gross margin negative, pushing earnings below expectations even as revenue topped estimates. Potash offset some of it with record first-half production and full-year volume guidance nudged up to 14.2 to 14.8 million tonnes. The phosphate strategic review lands this year.
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