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Mosaic Co (MOS.N)

MOS.N on New York Stock Exchange

24.22USD
19 Jul 2019
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Latest Key Developments (Source: Significant Developments)

The Mosaic Company Announces Reduction In Phosphate Production
Thursday, 7 Mar 2019 

March 7 (Reuters) - Mosaic Co ::THE MOSAIC COMPANY ANNOUNCES REDUCTION IN PHOSPHATE PRODUCTION.MOSAIC CO - WILL REDUCE ITS PHOSPHATE PRODUCTION PLANS BY 300,000 TONS FOR SPRING SEASON.MOSAIC - DECIDED TO REDUCE PRODUCTION DUE TO WEATHER CONCERNS ACROSS KEY U.S. GROWING REGIONS, HIGHER THAN NORMAL CARRYOVER INVENTORY LEVELS FROM FALL.MOSAIC CO - REDUCTION WILL IMPACT MOSAIC'S U.S. PHOSPHATE FACILITIES IN FLORIDA AND LOUISIANA.MOSAIC CO - "MOSAIC BELIEVES CURRENT MARGIN STRUCTURE DOES NOT REFLECT TODAY'S BALANCED MARKET CONDITIONS".MOSAIC CO - REDUCTION WILL BE ACCOMPLISHED THROUGH CHANGES IN MAINTENANCE SCHEDULES AND OPERATIONAL PRODUCTION PLANS..  Full Article

Mosaic Reports Fourth Quarter Adjusted Earnings Per Share of $0.77
Tuesday, 26 Feb 2019 

Feb 25 (Reuters) - Mosaic Co ::THE MOSAIC COMPANY REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS.Q4 EARNINGS PER SHARE $0.29.Q4 SALES $2.5 BILLION VERSUS $2.1 BILLION.Q4 ADJUSTED EARNINGS PER SHARE $0.77.INCREASES ANNUAL DIVIDEND TARGET TO $0.20 PER SHARE.NET SALES IN PHOSPHATES SEGMENT WERE $926 MILLION FOR Q4, SLIGHTLY DOWN FROM $1.0 BILLION LAST YEAR.SEES Q1 OF 2019 POTASH SALES VOLUMES 1.7 MILLIONS OF TONNES - 2.0 MILLIONS OF TONNES (FINISHED PRODUCT).INITIATED 2019 EBITDA GUIDANCE WITH A RANGE OF $2.2 TO $2.4 BILLION..NET SALES IN POTASH SEGMENT TOTALED $592 MILLION FOR Q4, UP FROM $496 MILLION LAST YEAR.SEES FY 2019 ADJUSTED EARNINGS PER SHARE $2.10 TO $2.50.SEES Q1 PHOSPHATES SALES VOLUMES 1.6 MILLIONS OF TONNES - 1.9 MILLIONS OF TONNES (FINISHED PRODUCT).SEES FULL YEAR 2019 POTASH SALES VOLUMES 9.0 - 9.4 MILLIONS OF TONNES.SEES 2019 CAPITAL EXPENDITURES OF ABOUT $1.2 BILLION.SEES FULL YEAR 2019 PHOSPHATES SALES VOLUMES 8.6 - 9.0 MILLIONS OF TONNES.SEES Q1 2019 PHOSPHATES SALES VOLUMES 1.6 MILLION TO 1.9 MILLION OF TONNES.SEES Q1 POTASH SALES VOLUMES 1.7 MILLION TO 2.0 MILLION OF TONNES.SEES Q1 2019 MOSAIC FERTILIZANTES SALES VOLUMES 1.3 MILLION TO 1.6 MILLION OF TONNES.FY2019 EARNINGS PER SHARE VIEW $2.41 -- REFINITIV IBES DATA.  Full Article

Mosaic Acquires Final Permit For Ona Phosphate Mining Project
Friday, 4 Jan 2019 

Jan 3 (Reuters) - Mosaic Co ::MOSAIC ACQUIRES FINAL PERMIT FOR ONA PHOSPHATE MINING PROJECT.MOSAIC CO - U.S. ARMY CORPS OF ENGINEERS 404 PERMIT WAS FINAL PERMIT FOR PROJECT AND SECURES 160.2 MILLION TONS OF PHOSPHATE ROCK FOR FUTURE MINING.  Full Article

Mosaic Company Reports Q3 Adjusted Earnings Per Share $0.75
Tuesday, 6 Nov 2018 

Nov 5 (Reuters) - Mosaic Co ::THE MOSAIC COMPANY REPORTS THIRD QUARTER 2018 RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $0.75.Q3 EARNINGS PER SHARE $0.64.Q3 SALES $2.9 BILLION VERSUS $2.0 BILLION.GUIDING TO FULL-YEAR ADJUSTED EBITDA IN RANGE OF $1.90 TO $2.00 BILLION.RAISES FULL-YEAR ADJUSTED EBITDA AND EPS GUIDANCE.RAISING FULL-YEAR ADJUSTED EPS GUIDANCE TO $1.80 TO $2.00.NET SALES IN PHOSPHATES SEGMENT WERE $1.0 BILLION FOR Q3, UP FROM $779 MILLION LAST YEAR.EXPECT TO ACHIEVE FULL $275 MILLION NET SYNERGY TARGET AHEAD OF SCHEDULE.NET SALES IN POTASH SEGMENT TOTALED $609 MILLION FOR Q3, UP FROM $474 MILLION LAST YEAR.SEES Q4 POTASH SALES VOLUMES 2.2 - 2.5 MILLIONS OF TONNES.QTRLY PHOSPHATES SALES VOLUMES 2.2 MILLION TONNES VERSUS 2.1 MILLION TONNES.SEES Q4 PHOSPHATES SALES VOLUMES 1.7 - 2 MILLIONS OF TONNES.QTRLY POTASH SALES VOLUMES WAS 2.4 MILLION TONNES VERSUS 2.2 MILLION TONNES.FORECASTS ASSUME CONTINUED STRONG MARKET CONDITIONS IN POTASH, AS WELL AS HIGH OPERATING RATES AT THREE CANADIAN MINES.CONTINUES TO INTEGRATE PRODUCTION AND DISTRIBUTION ASSETS TO OPTIMIZE REVENUE, BOTH OF WHICH ARE EXPECTED TO BENEFIT MARGINS IN Q4.PHOSPHATES SEGMENT OUTLOOK REFLECTS UNDERLYING FIRMNESS IN SUPPLY AND DEMAND DYNAMICS AND NORMAL YEAR-END SEASONALITY.FY2018 EARNINGS PER SHARE VIEW $1.77 -- THOMSON REUTERS I/B/E/S.  Full Article

Mosaic Says "Despite Trade Uncertainties & Volatile Grain Prices, Fertilizer Remains Affordable"
Tuesday, 7 Aug 2018 

Aug 6 (Reuters) - Mosaic Co ::MOSAIC CO SEES Q3 POTASH SALES VOLUMES 2.2 - 2.5MILLIONS OF TONNES .MOSAIC - MOP CASH COSTS FOR POTASH IN QTR, INCLUDING BRINE MANAGEMENT COSTS, WERE $85 PER TONNE.MOSAIC CO SEES Q3 PHOSPHATES SALES VOLUMES 2.1 - 2.4 MILLIONS OF TONNES .MOSAIC SAYS "DESPITE TRADE UNCERTAINTIES AND VOLATILE GRAIN PRICES, FERTILIZER REMAINS AFFORDABLE, WHICH UNDERPINS STRONG DEMAND EXPECTATIONS".MOSAIC CO - SEES FY CAPITAL EXPENDITURES $900 MLN - $1,100 MLN.MOSAIC CO <<>> FY2018 SHR VIEW $1.52, REV VIEW $9.43 BLN -- THOMSON REUTERS I/B/E/S.MOSAIC - GENERATED CASH FLOW FROM OPER ACTIVITIES OF $807 MLN IN QTR, BENEFITING FROM STRONG BUSINESS PERFORMANCE & CUSTOMERS' PREPAYMENTS IN BRAZIL.MOSAIC CO - IN POTASH SEGMENT Q3 GUIDANCE ASSUMES MINIMAL SALES VOLUMES TO CHINA.MOSAIC - EMBEDDED NEGATIVE 300 THOUSAND TONNE IMPACT IN FY SALES VOLUMES ASSUMPTIONS DUE TO MINIMUM FREIGHT TABLES FOR MOSAIC FERTILIZANTES SEGMENT.MOSAIC CO QTRLY PHOSPHATES SEGMENT SALES VOLUMES (FINISHED PRODUCTS) 2.3 MLN TONNES VS 2.6 MLN TONNES.  Full Article

The Mosaic Company Announces Board Of Director Changes
Friday, 11 May 2018 

May 10 (Reuters) - Mosaic Co ::THE MOSAIC COMPANY ANNOUNCES BOARD OF DIRECTOR CHANGES.MOSAIC CO - GREGORY EBEL SUCCEEDS ROBERT LUMPKINS AS CHAIRMAN.MOSAIC CO - LUMPKINS WILL CONTINUE AS A DIRECTOR TO ENSURE A SMOOTH TRANSITION.MOSAIC CO - JAMES POPOWICH RETIRED AS A DIRECTOR, AND OSCAR BERNARDES WAS NEWLY ELECTED TO BOARD.  Full Article

Mosaic says Changes In Pending Vale Fertilizantes Transaction Include Reduction In Purchase Price Consideration To $1.15 Bln In Cash, 34.2 Mln Shares
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - Mosaic Co ::THE MOSAIC COMPANY ANNOUNCES MODIFICATIONS TO PENDING VALE FERTILIZANTES TRANSACTION.MOSAIC CO - ‍VALE S.A. WILL RETAIN EQUITY OWNERSHIP IN TIPLAM PORT AND MOSAIC WILL CONTINUE TO HAVE RIGHT TO USE TIPLAM PORT FACILITY​.MOSAIC CO - CHANGES IN DEAL INCLUDE REDUCTION IN PURCHASE PRICE CONSIDERATION TO $1.15 BILLION IN CASH AND 34.2 MILLION SHARES OF CO'S COMMON STOCK.MOSAIC CO - TRANSACTION IS EXPECTED TO CLOSE ON OR ABOUT JANUARY 8, 2018.  Full Article

Adage Capital Partners GP LLC Reports A 5.07 Pct Passive Stake In Mosaic
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Adage Capital Partners GP LLC::ADAGE CAPITAL PARTNERS GP LLC REPORTS A 5.07 PCT PASSIVE STAKE IN MOSAIC CO <<>> AS OF DEC 15 - SEC FILING.  Full Article

Mosaic Announces Quarterly Dividend Of $0.025 Per Share
Friday, 15 Dec 2017 

Dec 14 (Reuters) - Mosaic Co ::MOSAIC ANNOUNCES QUARTERLY DIVIDEND OF $0.025 PER SHARE.  Full Article

The Mosaic Company Q3 earnings per share $0.65
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Mosaic Co ::The Mosaic Company reports third quarter 2017 results.Q3 earnings per share $0.65.Q3 sales $2.0 billion.Mosaic Co - ‍reduces annual dividend target to $0.10 per share​.Mosaic Co - ‍net sales in potash segment totaled $474 million for Q3, up from $428 million last year​.Mosaic Co - ‍net sales in phosphates segment were $779 million for Q3, down from $930 million last year​.Mosaic Co - ‍provided a strategic update identifying cumulative cash flow improvements in excess of $1 billion by end of 2020​.Mosaic Co - ‍Q3 average MOP selling price, fob plant, was $182 per tonne, up from $160 per tonne a year ago​.Mosaic Co - ‍potash segment's total sales volumes for Q3 were 2.2 million tonnes, flat with last year's levels​.Mosaic Co - ‍Q3 average DAP selling price, FOB plant, was $329 per tonne, compared to $326 per tonne a year ago​.Mosaic Co - ‍total sales volumes for phosphates segment are expected to range from 2.3 to 2.6 million tonnes for Q4 of 2017​.Mosaic Co - ‍Q3 earnings per share included a positive impact of $0.22 from notable items​.Mosaic Co qtrly ‍phosphates segment total sales volumes were 2.1 million tonnes, down from 2.5 million tonnes last year​.Mosaic Co - ‍mosaic's realized DAP price, FOB plant, is estimated to range from $320 to $350 per tonne for Q4 of 2017​.Mosaic Co - ‍has identified additional value creation opportunities ahead of pending acquisition of vale fertilizantes​.  Full Article

UPDATE 1-Mosaic's Brazilian unit resumes operations in Catalao mine

May 28 Mosaic Company's unit said on Tuesday it resumed mining operations at its Catalao mine in Brazil, following suspension of production in April.