CF Stock Recent News
CF LATEST HEADLINES
Mizuho lowered the firm's price target on CF Industries to $80 from $93 and keeps a Neutral rating on the shares. The firm updated price targets in the chemicals, agriculture, and packaging sector to reflect the recent market multiple reductions, and only modestly reduce forward year estimates as Mizuho does not have a recession forecast. However, lower oil prices will reduce the gas-linked cost advantage for many of the basic chemical stocks, the analyst tells investors in a research note. The firm believes March quarter pre-buying for autos and electronics creates "risk for give-back near-term." 06 May 08 May
While CF faces headwinds from weak prices, it benefits from healthy global demand for nitrogen fertilizers and lower natural gas costs.
CF (CF) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
The joint venture will be structured with CF holding a 40% stake, JERA 35% and Mitsui 25%.
CF Industries said on Tuesday it had formed a joint venture with Japan's largest energy firm, JERA, and investment firm Mitsui to construct low-carbon ammonia facility for about $4 billion.
Agreement calls for approximately 2.3 million metric tons of carbon dioxide to be securely stored per year at 1PointFive's Pelican Sequestration Hub in Louisiana Agreement calls for approximately 2.3 million metric tons of carbon dioxide to be securely stored per year at 1PointFive's Pelican Sequestration Hub in Louisiana
NORTHBROOK, Ill.--(BUSINESS WIRE)--CF Industries Holdings, Inc. (NYSE: CF), the world's largest producer of ammonia, announced today that it has formed a joint venture with JERA Co., Inc. (JERA), Japan's largest energy company, and Mitsui & Co., Inc. (Mitsui), a leading global investment and trading company, for the construction, production and offtake of low-carbon ammonia. Highlights Joint Venture Structure: Upon formation, CF Industries will hold 40% ownership, JERA 35% ownership, and Mi.
In March, we welcomed 30 new analysts to Seeking Alpha, and in this article we are showcasing their stock picks and investment strategies. Our analysts covered a diverse set of industries—including IT, financials, utilities, materials, and mining—and provided ratings ranging from Strong Sell to Strong Buy. Top picks include C3.ai, Robinhood, Central Puerto, CF Industries, and Kyndryl.
Subscribers to Chart of the Week received this commentary on Sunday, March 30.
While soft nitrogen prices weigh on CF's sales and margins, it benefits from healthy global demand for nitrogen fertilizers and lower natural gas costs.