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LSB Industries Inc (LXU)

LXU on New York Consolidated

8.03USD
17 Nov 2017
Change (% chg)

$0.27 (+3.48%)
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$7.76
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Volume
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Latest Key Developments (Source: Significant Developments)

LSB Industries reports Q3 sales of $92.4 million
Monday, 30 Oct 2017 06:00pm EDT 

Oct 30 (Reuters) - LSB Industries Inc :LSB Industries Inc reports improved operating results for the 2017 third quarter.Q3 sales $92.4 million versus $80.3 million.LSB Industries Inc - qtrly loss per share $0.91‍​.LSB Industries Inc -‍ for fy 2017,total capital additions related to maintaining &enhancing safety& reliability at facilities is expected to be about $35 million​.LSB Industries Inc - sees Q4‍ ammonia sales volumes under agriculture to be in range of 15,000 tons to 25,000 tons​.LSB Industries Inc - sees Q4‍ ammonia sales volumes under industrial, mining and other segment to be in range of 55,000 tons to 65,000​ tons.  Full Article

LSB Industries provides update on its strategic alternatives review process
Tuesday, 25 Jul 2017 04:06pm EDT 

July 25 (Reuters) - LSB Industries Inc :LSB Industries Inc provides update on its strategic alternatives review process.LSB Industries Inc - board has made a decision to terminate formal sale process portion of its strategic review.LSB Industries Inc - board has not been presented with a sale transaction that they feel is in best interests of shareholders.LSB Industries says "‍believe that, at this time, current outlook in nitrogen chemical industry is adversely affecting any potential transactions"​.LSB Industries Inc - board "remains open and willing" to engage in discussions regarding potential deals.LSB Industries - ‍board will continue to work with its outside advisors on evaluating other strategic, financial and operational options​.LSB Industries Inc - continuing to streamline its corporate structure to reduce costs.  Full Article

LSB Industries Q2 loss per share $0.53
Tuesday, 25 Jul 2017 04:05pm EDT 

July 25 (Reuters) - Lsb Industries Inc :LSB Industries, Inc. reports improved operating results for the 2017 second quarter.Q2 sales $122.9 million versus $110 million.LSB Industries Inc - qtrly loss per share $0.53.Says planned capital additions for q3 of 2017, are estimated to be approximately $13 million.LSB Industries Inc - demand for agricultural ammonia weakened as q2 progressed.LSB Industries Inc - for fy17, total capital additions are expected to be between $30 million and $35 million.LSB Industries Inc - agricultural ammonia pricing impacted by overabundance of product in market resulting from recent facility expansions by two of competitors.LSB Industries Inc - second half of 2017 looks more challenging than anticipated earlier this year due to the current ammonia pricing environment.LSB Industries Inc - sees ammonia sales volumes under the agriculture segment to be 45,000 tons to 55,000 tons for the second half 2017.  Full Article

LSB Industries says unit to sell Wyoming County oil, natural gas assets - SEC filing
Monday, 15 May 2017 12:43pm EDT 

May 15 (Reuters) - LSB Industries Inc ::On May 11 unit entered into a purchase and sale agreement with BKV Chelsea - SEC filing.Deal for a purchase price of $16.25 million - SEC filing.Under deal, unit agreed to sell all assets, including right, title, interest in oil, natural gas properties located in Wyoming County.Upon completion of sale, company will no longer own any material oil and natural gas assets - SEC filing.  Full Article

LSB Industries reports Q1 loss per share from continuing operations $0.48
Monday, 24 Apr 2017 04:05pm EDT 

April 24 (Reuters) - LSB Industries Inc :Reports improved operating results for the 2017 first quarter.Q1 sales $123.3 million versus I/B/E/S view $119.7 million.Qtrly loss per share from continuing operations $0.48.Says "demand for nitric acid and ammonia for industrial markets is increasing and we expect this trend to continue".LSB Industries - see hdan sales to continue to grow; plan to position product in storage facilities later this year anticipating increase in demand in 2018.  Full Article

LSB Industries Q4 adjusted loss per share $1.14 from continuing operations
Monday, 27 Feb 2017 04:10pm EST 

LSB Industries Inc : LSB Industries Inc reports operating results for the 2016 fourth quarter . Q4 sales $85.4 million versus I/B/E/S view $87.4 million . Q4 loss per share $1.19 from continuing operations . Q4 adjusted loss per share $1.14 from continuing operations . LSB Industries Inc - "demand for our agricultural products for spring applications has been strong" . LSB Industries Inc- planned capital additions for q1 of 2017, are estimated to be approximately $8 million . LSB Industries Inc- for full year of 2017, total capital additions are expected to be between $30 million and $35 million . LSB Industries Inc - sees fy uan sales volumes 475,000 - 500,000 tons . LSB Industries Inc - sees fy hdan sales volumes 260,000 - 280,000 tons . LSB Industries Inc - sees full year sales volumes for ammonia 95,000 - 105,000 tons .LSB Industries Inc - "by late 2017 or early 2018, we anticipate a more sustained strengthening of pricing ".  Full Article

Lsb Industries Inc reports Q3 loss per share of $2.25
Thursday, 3 Nov 2016 08:39pm EDT 

Lsb Industries Inc : Lsb Industries Inc reports operating results for the 2016 third quarter . Q3 adjusted loss per share $2.12 from continuing operations . Q3 loss per share $2.25 from continuing operations . Q3 sales $80.3 million versus I/B/E/S view $74.5 million .Q3 earnings per share view $-1.43 -- Thomson Reuters I/B/E/S.  Full Article

LSB Industries exploring strategic alternatives
Thursday, 3 Nov 2016 04:06pm EDT 

LSB Industries Inc : Board of directors has initiated a process to explore and evaluate potential strategic alternatives for company . LSB Industries - alternatives may include sale of co, a merger with another party, another strategic transaction involving some or all of assets of co . LSB has retained Morgan Stanley & Co. LLC as its financial advisor to assist with strategic review process .LSB Industries, Inc. exploring strategic alternatives.  Full Article

Lsb Industries Inc reports Q3 loss per share of $2.25
Thursday, 3 Nov 2016 04:05pm EDT 

Lsb Industries Inc : Lsb Industries Inc reports operating results for the 2016 third quarter . Q3 adjusted loss per share $2.12 from continuing operations . Q3 loss per share $2.25 from continuing operations . Q3 sales $80.3 million versus I/B/E/S view $74.5 million .Q3 earnings per share view $-1.43 -- Thomson Reuters I/B/E/S.  Full Article

LSB Industries says unplanned downtime at three chemical facilities in Q3
Wednesday, 5 Oct 2016 04:05pm EDT 

LSB Industries Inc : Expects combined impact to Q3 EBITDA as a result of reduced production to be in range of $25.0 million - $26.5 million . Turnaround activities, various operational issues resulted in unplanned downtime at three primary chemical facilities during Q3 . Sees 2016 ammonia for agriculture 100,000 - 110,000 tons . LSB Industries, Inc. provides operational update on its chemical manufacturing facilities . Revises product sales volume outlook for 2016 . Sees 2016 UAN sales 395,000 - 400,000 tons . Sees 2016 nitric acid sales 525,000 - 535,000 tons .Believes impact to Q4 EBITDA from lower sales from lower beginning inventory, reduced prodcution will be $5.0 million - $5.5 million.  Full Article

BRIEF-LSB Industries reports Q3 sales of $92.4 million

* LSB Industries Inc reports improved operating results for the 2017 third quarter