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Mosaic Co (MOS.N)

MOS.N on New York Stock Exchange

28.05USD
23 May 2018
Change (% chg)

$0.10 (+0.36%)
Prev Close
$27.95
Open
$27.68
Day's High
$28.05
Day's Low
$27.14
Volume
1,261,220
Avg. Vol
1,295,620
52-wk High
$29.20
52-wk Low
$19.23

Latest Key Developments (Source: Significant Developments)

The Mosaic Company Reports Q1 EPS $0.11
Tuesday, 8 May 2018 

May 7 (Reuters) - Mosaic Co ::THE MOSAIC COMPANY REPORTS FIRST QUARTER 2018 RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.20.Q1 EARNINGS PER SHARE $0.11.Q1 SALES $1.9 BILLION VERSUS $1.6 BILLION.NET SALES IN POTASH SEGMENT TOTALED $404 MILLION FOR Q1, DOWN FROM $414 MILLION LAST YEAR.NET SALES IN PHOSPHATES SEGMENT WERE $866 MILLION FOR Q1, UP FROM $839 MILLION LAST YEAR.CEO SAYS "WE SAW STRONG FUNDAMENTALS IN Q1, AND WE EXPECT THAT POSITIVE MOMENTUM TO CONTINUE".FOR PHOSPHATES, Q1 AVERAGE FINISHED PRODUCT SELLING PRICE WAS $431 PER TONNE, COMPARED TO $369 PER TONNE A YEAR AGO.Q1 AVERAGE SELLING PRICE FOR POTASH WAS $239 PER TONNE, UP FROM $210 PER TONNE A YEAR AGO.QTRLY PHOSPHATES SEGMENT TOTAL FINISHED PRODUCT SALES VOLUMES WERE 1.9 MILLION TONNES, DOWN FROM 2.3 MILLION.MOSAIC - INCREASED FY ADJUSTED EPS GUIDANCE TO REFLECT IMPROVING MARKET CONDITIONS AND STRONG OPERATIONAL PERFORMANCE ACROSS BUSINESS UNITS.POTASH SEGMENT TOTAL SALES VOLUMES FOR Q1 WERE 1.7 MILLION TONNES, DOWN FROM 2.0 MILLION TONNES LAST YEAR.SEES Q2 POTASH SALES VOLUMES 2.1 MILLIONS OF TONNES - 2.4 MILLIONS OF TONNES.IN POTASH SEGMENT, RAIL LOGISTICAL ISSUES HAVE ALREADY IMPACTED Q2.MOSAIC - QTRLY PHOSPHATES SEGMENT TOTAL FINISHED PRODUCT SALES VOLUMES REFLECT IDLING OF PLANT CITY CONCENTRATES FACILITY, DELAYED PLANTING IN N. AMERICA.SEES Q2 PHOSPHATES SALES VOLUMES 2.1 MILLIONS OF TONNES - 2.4 MILLIONS OF TONNES.SEES FY 2018 CAPITAL EXPENDITURES $900 MILLION - $1,100 MILLION.  Full Article

Mosaic Says Interim CFO Brausen Plans To Retire In July 2019 - SEC Filing
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - Mosaic Co ::MOSAIC SAYS INTERIM CFO ANTHONY BRAUSEN PREVIOUSLY NOTIFIED CO OF PLANS TO RETIRE IN JULY 2019 - SEC FILING.MOSAIC - ONCE NEW CFO IS BROUGHT IN, BRAUSEN AGREED TO PROVIDE SUPPORT AND TRANSITION ASSISTANCE TO THAT INDIVIDUAL THROUGH AT LEAST JULY 2019.MOSAIC SAYS ARE CURRENTLY IN DISCUSSIONS WITH INTERIM CFO BRAUSEN REGARDING HIS COMPENSATION AND TENURE IN CONNECTION WITH CHANGE IN HIS ROLE.MOSAIC - COMPENSATION COMMITTEE OF CO'S BOARD AUTHORIZED CO TO ENTER INTO SEPARATION AGREEMENT WITH OUTGOING CFO RICHARD MACK.MOSAIC - SEPARATION AGREEMENT WILL PROVIDE OUTGOING CFO MACK WITH PAYMENT OF $1.7 MILLION.  Full Article

Mosaic Co Says Rich Mack Will Step Down As CFO And Executive VP
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - Mosaic Co ::THE MOSAIC COMPANY ANNOUNCES SENIOR LEADERSHIP CHANGE.MOSAIC CO - RICH MACK WILL STEP DOWN FROM HIS POSITION AS EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER.MOSAIC CO - CFO MACK WILL LEAVE COMPANY IN MAY OF 2018.MOSAIC CO - ANTHONY BRAUSEN WILL SERVE AS SENIOR VICE PRESIDENT - FINANCE AND INTERIM CFO, EFFECTIVE IMMEDIATELY.  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

Mosaic expects lower production in Sept due to Hurricane Irma
Thursday, 21 Sep 2017 

Sept 20 (Reuters) - Mosaic Co :The Mosaic company business update.Mosaic Co - ‍ Due to Hurricane Irma, company expects approximately 250,000 to 350,000 tonnes of lower production in month of September​.Mosaic Co - Co avoided significant damages from Hurricane Irma ; expects about 250,000 to 350,000 tonnes of lower production in month of September.Mosaic - ‍Together with damage to Mosaic's Bartow warehouse, Hurricane Irma could result in loss of up to 400,000 tonnes of finished phosphate product​.  Full Article

Mosaic announces quarterly dividend of $0.15 per share
Friday, 18 Aug 2017 

Aug 17 (Reuters) - Mosaic Co -:Mosaic announces quarterly dividend of $0.15 per share.  Full Article

Mosaic CEO says unwilling to sell potash business at current valuation
Tuesday, 1 Aug 2017 

Aug 1 (Reuters) - Mosaic Co CEO Joc O'Rourke said on Tuesday::Mosaic's acquisition of Vale fertilizer assets received approval from Brazil regulator CADE.Mosaic CEO sees no place for new potash mines next 5-10 years beyond K+S, Eurochem mines.Mosaic unwilling to sell potash business at current valuation; would be open to selling at 'right price'-CEO.  Full Article

UPDATE 1-Mosaic profit misses on transport bottlenecks, delayed spring

May 7 U.S. fertilizer maker Mosaic Co reported a smaller-than-expected quarterly profit on Monday as its phosphate and potash sales volumes fell due to delayed spring and transportation bottlenecks in Canada.