52.75 0.00 (0.00%)
After hours: 6:05PM EDT
|Bid||52.50 x 3000|
|Ask||53.00 x 1800|
|Day's Range||52.25 - 52.95|
|52 Week Range||40.41 - 56.18|
|PE Ratio (TTM)||244.21|
|Forward Dividend & Yield||1.60 (2.99%)|
|1y Target Est||58.28|
NYSE, TSX: NTR SASKATOON , June 19, 2018 /PRNewswire/ - Nutrien Ltd. (Nutrien) today announced that its annual meeting of shareholders will be held on Thursday, July 19, 2018 , at the Radisson Hotel, Salon ...
Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. Recently, Nutrien Ltd (TSX:NTR) has returned an averageRead More...
NEW YORK, June 08, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of TE ...
CALGARY , June 6, 2018 /CNW/ - Nutrien Ltd. ("Nutrien") announces the closing of the placement of 100 percent of its Series B common shares in Sociedad Química y Minera de Chile S.A. ("SQM") to Chilean investors, certain other non-U.S. persons and to qualified institutional buyers ("QIBs") within the meaning of Rule 144A under the U.S. Securities Act of 1933, as amended (the "Securities Act"). The Placement was conducted by means of a bookbuild auction on the Santiago Stock Exchange in a process known as subasta de libro de ordenes, in compliance with Chilean law and the rules of the Santiago Stock Exchange. The Santiago Stock Exchange published the results of the order book auction process through which Nutrien's Series B SQM shares were placed, with 20,166,319 shares sold at a price of approximately U.S. $49.34 per share, for gross proceeds to Nutrien of approximately U.S. $1.0 billion .
Canadian fertilizer company Nutrien auctioned its remaining stake in Chile lithium miner SQM on Friday for nearly $1 billion, the last step in meeting regulatory commitments after the company was formed ...
Potash prices, primarily for the granular grade of potash, were broadly flat to positive last week, while standard potash prices in Southeast Asia were higher compared to a week ago. In NOLA (New Orleans), granular potash prices were broadly higher by as much as 41 basis points to $220 per metric ton, while prices in the other two locations remained unchanged. Standard grade potash prices in the Southeast Asia location rose by 36 basis points week-over-week to $282 per metric ton from $281 per metric ton.
Contrary to DAP (diammonium phosphate) prices, which remained broadly flat last week, as we discussed in the earlier part of this series, MAP (monoammonium phosphate) prices were broadly higher in NOLA (New Orleans) and Brazil.
Last week, DAP (diammonium phosphate) prices appeared to have taken a pause from their recent upswing at each of the locations discussed below. The rally in DAP prices has also fueled positive momentum for companies such as Mosaic (MOS), CF Industries (CF), and Nutrien (NTR) (POT).
Natural gas prices are critical for nitrogen and ammonia-based phosphate fertilizer producers. The input cost of natural gas is highly volatile and may significantly affect the profitability of producers (MOO) such as CF Industries (CF), CVR Partners (UAN), Nutrien (NTR), and Mosiac (MOS). Let’s look at how natural gas performed last week.
After a brief pause in the direction two weeks ago, urea prices found positive momentum last week at both locations including Brazil and NOLA (New Orleans) US. The positive momentum in urea prices seemed just around the corner with most of the companies including CF Industries (CF), Nutrien (NTR), CVR Partners (UAN), and Mosaic (MOS) indicating a slowdown from Chinese producers (XLB). Both new government regulations and rising energy prices have put pressure on Chinese nitrogen producers lately.
Last week was broadly negative for the fertilizer sector, and most major companies experienced a weekly decline. The VanEck Vectors Agribusiness ETF (MOO), a broad benchmark for the agribusiness sector, fell almost 1.5% week-over-week. This ETF continued its decline on May 29 and closed almost 1.3% lower from a day ago.
CALGARY , May 29, 2018 /CNW/ - Nutrien Ltd. ("Nutrien") announces its intention to conduct a placement of up to all of its 20,166,319 Series B common shares in Sociedad Química y Minera de Chile S.A. ("SQM") to Chilean investors, certain other non-U.S. persons and to qualified institutional buyers ("QIBs") within the meaning of Rule 144A under the U.S. Securities Act of 1933, as amended (the "Securities Act"). The Placement is being conducted through a bookbuild auction on the Santiago Stock Exchange in a process known as subasta de libro de ordenes, in compliance with Chilean law and the rules of the Santiago Stock Exchange. The price and allocations resulting from the auction are expected to be announced by the Santiago Stock Exchange before trading of SQM shares commences in Santiago on June 1, 2018 .
Fertilizer affordability continued to improve last week as a result of broader weakness in fertilizer prices, particularly in urea and phosphates, as we discussed in the earlier parts of this series. This index is calculated with fertilizer prices in the numerator and crop prices in the denominator. Last week’s improvement in fertilizer affordability came primarily from the weakness in fertilizer prices, while the crop prices remained unchanged week-over-week. Note that an index level of one indicates that the fertilizer price to crop affordability was the same as in the base year of 2005.
Potash prices, similar to nitrogen and phosphates, continued to show strength last week as well. Prices at three of the four locations discussed below experienced a week-over-week increase.
Brazil remains a volatile spot for fertilizer producers (XLB) such as Mosaic (MOS), Nutrien (NTR), and CF Industries (CF). Last week, MAP (monoammonium phosphate) prices in Brazil recovered after hitting a low of $420 per metric ton in recent weeks.
DAP (diammonium phosphate) prices have enjoyed slow but upward trending momentum, giving a much-needed positive signal for investors (MOO) in phosphate producers such as Mosaic (MOS) and Nutrien (NTR) (POT) (AGU). Let’s look at how phosphate prices performed last week.
Natural gas prices in most locations in North America rose last week, according to the latest EIA (Energy Information Administration) weekly report on natural gas.
Urea prices continued to decline last week in both NOLA (New Orleans) and Brazil. However, prices remained higher than they were in the corresponding week last year.
Last week was broadly positive for the agribusiness sector. The VanEck Vectors Agribusiness ETF (MOO) ended in positive territory with a rise of 32 basis points. YTD (year-to-date), this ETF returned 1.7% as of May 11, which outperformed the S&P 500 Index’s (SPY) loss of 0.6%.
WallStEquities.com has initiated research coverage on Monsanto Co. (NYSE: MON), Nutrien Ltd (NTR), The Mosaic Co. (NYSE: MOS), and The Scotts Miracle-Gro Co. (NYSE: SMG). Last Friday at the close, shares in St. Louis, Missouri-based Monsanto Co. ended 0.29% higher at $125.85.
LONDON, UK / ACCESSWIRE / May 21, 2018 / If you want access to our free research report on Nutrien Ltd (NYSE: NTR), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=NTR as the Company's latest news hit the wire. On May 17, 2018, the Company announced that it has signed an agreement with China's Tianqi Lithium Corporation to divest its stake in Sociedad Química y Minera de Chile S.A. (NYSE: SQM). SQM is a global Company with five main business segments - Specialty Plant Nutrition, Iodine and derivatives, Lithium and derivatives, Industrial Chemicals and Potassium.
China extended its dominance of a critical material for electric cars, underscoring challenges for other car makers.