Report
EUR 88.38 For Business Accounts Only

Investment Update | Review + Outlook

​Although nitrogen prices are expected to remain under pressure over the near-term due to new capacity coming online over the next 12 months, we continue to view CF favourably given its low-cost natural gas position, high quality asset, robust distribution platform and strong balance sheet. In addition, following the termination of the proposed OCI combination, CF is expected to focus on returning cash to shareholders once the Donaldsonville and Port Neal expansion projects are completed later this year.

Underlying
CF Industries Holdings Inc.

CF Industries Holdings is a global fertilizer and chemical company. The company's principal nitrogen fertilizer products are anhydrous ammonia, granular urea, urea ammonium nitrate solution and ammonium nitrate. The company's other nitrogen products include diesel exhaust fluid, urea liquor, nitric acid and aqua ammonia, which are sold primarily to its industrial customers, and compound fertilizer products, which are solid granular fertilizer products for which the nutrient content is a combination of nitrogen, phosphorus, and potassium. The company serves its customers in North America through its production, storage, transportation and distribution network.

Provider
ARC | Accountability Research Corp
ARC | Accountability Research Corp

​Independent equity research focused on the North American market that leverages ARC’s unparalleled expertise in applying proprietary forensic accounting knowledge to investment analysis. 

The ARC process is focused on avoiding financial reporting and accounting risks while identifying companies with superior adjusted cash flow metrics.

Analysts
Harriet Li

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