ICL - Israel Chemicals Ltd.

NYSE - NYSE Delayed Price. Currency in USD
4.4200
0.0000 (0.00%)
At close: 4:02PM EST
Stock chart is not supported by your current browser
Previous Close4.4200
Open4.4300
Bid4.3900 x 3200
Ask4.4000 x 1100
Day's Range4.3600 - 4.4300
52 Week Range4.3600 - 5.9000
Volume130,083
Avg. Volume157,533
Market Cap5.68B
Beta (5Y Monthly)0.37
PE Ratio (TTM)11.28
EPS (TTM)0.3920
Earnings DateN/A
Forward Dividend & Yield0.20 (4.52%)
Ex-Dividend DateDec 01, 2019
1y Target Est5.45
  • PR Newswire

    ICL Included in Bloomberg's 2020 Gender-Equality Index

    ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals and specialty chemicals company, today announced that it is one of 325 public companies included in the 2020 Bloomberg Gender-Equality Index ("GEI"). The GEI distinguishes companies committed to advancing women's equality and transparency in reporting gender policies and practices. ICL is the only Israeli company included in the 2020 index, as well as the only company among its major global peers in the fertilizers sector. ICL was also included in the 2019 GEI.

  • Anglo’s Digging a Hole for Itself in England
    Bloomberg

    Anglo’s Digging a Hole for Itself in England

    (Bloomberg Opinion) -- Anglo American Plc is dabbling in creative M&A. Buying an English fertilizer project for just over $500 million, excluding debt, is more than manageable for a $35 billion mining giant that generated $1.3 billion in free cash flow in the first half of last year. It’s also a gamble on an unproven niche market that speaks to the paucity of large-scale acquisition options for cashed-up diggers.Anglo said on Wednesday it may bid for London-listed Sirius Minerals Plc, owner of a giant potash project under the North York Moors national park. The mine’s future has been in question since a funding plan collapsed last year, after Sirius was forced to pull a $500 million junk bond sale, making it impossible to unlock a $2.5 billion credit facility from JPMorgan Chase & Co.That makes this an opportunistic move by Chief Executive Officer Mark Cutifani. Anglo is offering 5.5 pence per share for a stock that traded at four times that less than a year ago. It’s an affordable option — Anglo can easily support both the cost of the initial deal and a development spend estimated at $300 million a year for the next two years.It’s a laudable effort at diversification too, away from South Africa, into a counter-cyclical commodity and a space the miner hasn’t been in since selling its niobium and phosphates business in Brazil in 2016. It’s also purchasing at a relatively low point for fertilizer ingredients — notable for an industry that in the past burned billions buying at the top.None of this means Anglo should press ahead with a firm offer.Anglo shareholders still bear bruises from its disastrous, peak-of-the-market Minas Rio deal – a Brazilian iron-ore project that was plagued by years of cost overruns and delays, and ultimately contributed to the departure of Cutifani’s predecessor. The $5 billion Quellaveco copper mine in Peru, meanwhile, which was supposed to prove Anglo’s ability to build from scratch, is still two years from production.Anglo argues the Sirius development is far more advanced than Minas Rio was. That’s true. But it will still require some $3 billion, by Sirius estimates, and a 37-kilometer (23-mile) tunnel under a national park, for a conveyor belt to take rock to port. A challenge, even with permits in hand.Investors should be far more worried about Anglo bosses’ willingness to bet on a project where demand for the end product — an alternative to traditional potassium-bearing minerals called polyhalite — is unproven, and prices are unclear. The selling point is that it combines several key nutrients along with potassium — magnesium, sulfur and calcium — and is low-chloride too, which matters for some crops. It’s unclear how those extras are valued, though.Only one company, Israel Chemicals Ltd., currently produces polyhalite, from one mine. Price estimates range from $100 to $200 per metric ton, making the economics difficult to calculate, including Sirius’s promised 50%-plus Ebitda margin.Polyhalite accounts for a tiny sliver of the wider potash market, even among low-chloride alternatives, largely because it contains far less potassium.That means the capacity of the Yorkshire mine dwarfs current demand. The polyhalite market amounts to less than one million tons a year, but the Yorkshire mine could produce 13 million tons. That’s a mighty step up, even accounting for the purchase agreements Sirius has already signed. Success will require building substantial new demand and clawing market share away from potash giants like Nutrien Ltd. With plentiful supply of standard potash in the medium term, that may be a challenge.There is some element of reassurance here. Even if it bids, Anglo won’t be committing to develop the mine, making this an option of sorts.That’s small consolation for investors, though, who will fret that cash-rich miners looking for growth — and wary of overspending on coveted metals like copper — will begin to experiment. Expect mixed results. To contact the author of this story: Clara Ferreira Marques at cferreirama@bloomberg.netTo contact the editor responsible for this story: Matthew Brooker at mbrooker1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Clara Ferreira Marques is a Bloomberg Opinion columnist covering commodities and environmental, social and governance issues. Previously, she was an associate editor for Reuters Breakingviews, and editor and correspondent for Reuters in Singapore, India, the U.K., Italy and Russia.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • PR Newswire

    ICL Rises to First Place Among Peer Companies in Bloomberg's ESG Sustainability Index

    ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals and specialty chemicals company, announced today that, following the finalization of the Bloomberg Environmental, Social & Governance ("ESG") disclosure ranking based on 2018 data, ICL's score has increased to 67, compared to 60 and 52 for 2017 and 2016 data, respectively. For the first time, ICL's score is the highest among its global fertilizer peers. It is also the highest among all Israeli companies ranked by Bloomberg, for the second straight year.

  • PR Newswire

    ICL Completes the Issuance of 15-year Debentures, With an Interest Rate of 2.4%

    ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals and specialty chemicals company, announced today that it completed an offering of NIS 380 million of its Series G debentures ("Debentures") to Israeli investors. The Debentures are rated ilAA by S&P; Maalot. The offering was oversubscribed, with offers exceeding NIS 1.3 billion, more than three times the amount issued by the Company. The Debentures will be listed for trading on the Tel Aviv Stock Exchange ("TASE").

  • Is Israel Chemicals Ltd. (ICL) A Good Stock To Buy?
    Insider Monkey

    Is Israel Chemicals Ltd. (ICL) A Good Stock To Buy?

    It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]

  • Moody's

    SK Invictus Intermediate II S.a.r.l. -- Moody's announces completion of a periodic review of ratings of SK Invictus Intermediate II S.a.r.l.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of SK Invictus Intermediate II S.a.r.l. New York, November 08, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of SK Invictus Intermediate II S.a.r.l. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • PR Newswire

    ICL Reports Q3 2019 Results

    - Solid results with record quarterly operating cash flow - Sales of $1.33 billion compared to $1.37 billion in Q3 2018, a decrease of 3%, mainly due to delays in the signing of potash supply contracts ...

  • Chemical Stock Earnings Due on Nov 7: APD, ESI, TROX & ICL
    Zacks

    Chemical Stock Earnings Due on Nov 7: APD, ESI, TROX & ICL

    Let's take a look at how these chemical companies are poised ahead of their earnings release.

  • PR Newswire

    ICL Signed a Contract for the Sale of Potash to a Customer in India

    TEL AVIV, Israel , Oct. 30, 2019 /PRNewswire/ -- ICL   (NYSE: ICL) (TASE: ICL), a leading global specialty minerals and specialty chemicals company, announced today that further to its announcement regarding ...

  • PR Newswire

    ICL Announces Release Date for Q3 2019 Financial Results

    TEL AVIV, Israel , Oct. 28, 2019 /PRNewswire/ -- ICL   (NYSE: ICL) (TASE: ICL), a leading global specialty minerals and specialty chemicals company, will announce its third quarter 2019 financial results ...

  • PR Newswire

    ICL to Present at Upcoming Conferences in November

    TEL AVIV, Israel , Oct. 23, 2019 /PRNewswire/ --  ICL  ( NYSE: ICL) (TASE: ICL), a leading global specialty minerals and specialty chemicals company, will participate at upcoming conferences: Mr. Raviv ...

  • PR Newswire

    ICL to Expand its Presence in the Plant-based Meat-alternatives Market

    ICL expects to invest ~$20 million to expand its capabilities in the fast growing meat substitutes market TEL AVIV, Israel , Oct. 15, 2019 /PRNewswire/ -- ICL (NYSE: ICL) (TASE: ICL), a leading global ...

  • ICL or FUL: Which Is the Better Value Stock Right Now?
    Zacks

    ICL or FUL: Which Is the Better Value Stock Right Now?

    ICL vs. FUL: Which Stock Is the Better Value Option?

  • US Chemical Production Dips in August on Broad-Based Declines
    Zacks

    US Chemical Production Dips in August on Broad-Based Declines

    The August reading showed a decline in U.S. chemical production on both monthly and year-over-year comparison basis across all regions.

  • Manufacturing Rebound Drives US Specialty Chemicals: 4 Picks
    Zacks

    Manufacturing Rebound Drives US Specialty Chemicals: 4 Picks

    We highlight four specialty chemical stocks that are worth considering for investment right now.

  • Is Israel Chemicals (ICL) Stock Undervalued Right Now?
    Zacks

    Is Israel Chemicals (ICL) Stock Undervalued Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Axalta Coating Systems (AXTA) Hits 52-Week High, Can the Run Continue?
    Zacks

    Axalta Coating Systems (AXTA) Hits 52-Week High, Can the Run Continue?

    Axalta Coating Systems (AXTA) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

  • Chemicals Hit by Tariffs, But These 4 Stocks Are Worth a Bet
    Zacks

    Chemicals Hit by Tariffs, But These 4 Stocks Are Worth a Bet

    We have highlighted four stocks in the chemical space that have compelling prospects and are well poised for an upside.

  • Reuters

    Israel Chemicals to expand Dead Sea bromine plant on higher Asia demand

    Israel Chemicals (ICL) said on Tuesday it was increasing its bromine compounds capacity after entering into several agreements with customers in Asia. The company said it will invest about $50 million at its plant near the Dead Sea, where it has exclusive rights in Israel to extract minerals. The expansion will increase production capacity of TBBA, a bromine compound used primarily in the manufacturing of printed circuit boards for the electronics industry by up to 25,000 metric tonnes annually, it said.

  • PR Newswire

    ICL to Increase Its Bromine Compounds Capacity Following Strategic Agreements Signed With Customers in Asia

    Capacity expansion will position ICL for additional long-term strategic contracts TEL-AVIV, Israel , Sept. 10, 2019 /PRNewswire/ --   ICL   (NYSE: ICL & TASE: ICL), a leading global specialty minerals ...

  • PR Newswire

    /C O R R E C T I O N -- ICL/

    In the news release, ICL Innovates With Amazon Web Services to Deliver Digital Services to Agriculture Professionals, issued 04-Sep-2019 by ICL over PR Newswire, we are advised by the company that the quote in the 5th paragraph should be attributed to Chandan Sharma rather than Cameron Holbrook as originally issued inadvertently.

  • Chemicals Off to a Sluggish Start in Q3, Output Eases in July
    Zacks

    Chemicals Off to a Sluggish Start in Q3, Output Eases in July

    Global chemical production fell 0.1% on a monthly basis in July on lower capacity utilization.

  • Weak Start for U.S. Specialty Chemicals in Q3: Tariffs a Woe
    Zacks

    Weak Start for U.S. Specialty Chemicals in Q3: Tariffs a Woe

    The specialty chemical industry has been bruised by escalating Sino-U.S. trade tensions.

  • Is Israel Chemicals (ICL) a Great Value Stock Right Now?
    Zacks

    Is Israel Chemicals (ICL) a Great Value Stock Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.