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Mosaic Co (MOS.N)

MOS.N on New York Stock Exchange

22.94USD
17 Nov 2017
Change (% chg)

$0.46 (+2.05%)
Prev Close
$22.48
Open
$22.44
Day's High
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Day's Low
$22.44
Volume
1,240,804
Avg. Vol
1,178,806
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$34.36
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$19.23

Latest Key Developments (Source: Significant Developments)

The Mosaic Company Q3 earnings per share $0.65
Tuesday, 31 Oct 2017 06:55am EDT 

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
Wednesday, 20 Sep 2017 04:15pm EDT 

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
Thursday, 17 Aug 2017 04:15pm EDT 

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 11:19am EDT 

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

Mosaic announces qtrly dividend of $0.15 per share
Thursday, 18 May 2017 04:15pm EDT 

May 18 (Reuters) - Mosaic Co ::Mosaic announces quarterly dividend of $0.15 per share.  Full Article

The Mosaic Co reports Q1 sales $1.6 bln vs $1.7 bln
Tuesday, 2 May 2017 06:45am EDT 

May 2 (Reuters) - Mosaic Co ::The Mosaic Company reports first quarter 2017 results.Q1 earnings per share $0.00.Q1 sales $1.6 billion versus $1.7 billion.Total sales volumes for phosphates segment are expected to range from 2.3 to 2.6 million tonnes for Q2 of 2017, versus 2.4 million tonnes last year.Sees FY phosphates sales volumes in range of 9.5 to 10.25 million tonnes.Mosaic's realized DAP price, FOB plant, is estimated to range from $320 to $340 per tonne for Q2 of 2017.Sees FY potash sales volumes in range of 8.0 to 8.75 million tonnes.Total sales volumes for potash segment expected to range from 2.0 to 2.3 million tonnes for Q2 of 2017, versus 2.0 million tonnes last year."Near-term market outlook for potash remains constructive, and we expect gradual improvement in our business results".Qtrly results do not yet reflect improving potash and phosphate market conditions anticipate to benefit from for remainder of year.Mosaic's realized MOP price, FOB plant, is estimated to range from $170 to $185 per tonne for Q2 2017.Net sales in phosphates segment were $839 million for q1, down from $909 million last year.Mosaic co says "we are seeing positive developments in phosphates industry following a challenging 2016".Q1 average diammonium phosphate selling price, FOB plant, was $327 per tonne, compared to $355 per tonne a year ago.Qtrly phosphates segment total sales volumes were 2.3 million tonnes, up from 2.2 million tonnes last year.  Full Article

Mosaic says there is room for further potash price appreciation - Analyst day
Wednesday, 12 Apr 2017 04:28pm EDT 

Mosaic Co : Mosaic Co - believe there is room for further potash price appreciation - exec at analyst day . Mosaic Co says the pressure the industry faced in the 2nd of half of 2016 is not sustainable - exec at analyst day . Mosaic Co says Vale acquisition will add some costs but expect SG&A component of transaction to be relatively contained - exec at analyst day . Mosaic Co says expect to continue to drive down costs with goal to offset inflationary pressures between now and 2021- exec at analyst day . Mosaic Co says in the first 5 yrs most cash from Saudi investment will probably be used to service debt - exec at analyst day . Mosaic Co sees "upside potential" in Chinese potash use - exec at analyst day . Mosaic co says "we don't need a Maaden 3 today" - exec at analyst day Further company coverage: [MOS.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Mosaic Co's James O'Rourke's 2016 total compensation $7.3 mln
Monday, 3 Apr 2017 07:00am EDT 

Mosaic Co : Mosaic Co - James C. O'Rourke'S 2016 total compensation was $7.3 million versus $5.7 million in 2015 - SEC filing . Mosaic Co - CFO Richard L. Mack 2016 total compensation was $2.7 million versus $3.8 million in 2015 - SEC filing Source: (http://bit.ly/2o1LMlJ) Further company coverage: [MOS.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

The Mosaic Company reports production outage at Esterhazy K2 mine
Friday, 31 Mar 2017 08:36am EDT 

Mosaic Co : The Mosaic Company reports production outage at Esterhazy K2 mine . Mosaic Co - company estimates a loss of production in range of 200,000 to 300,000 tonnes . Mosaic Co - incident occurred in later part of Q1 and is not expected to materially impact Q1 potash results . Mosaic Co - incident expected to negatively impact Q2 sales volumes . Company expects the skip to be repaired and resume operations in next several days .Announced an incident at its Esterhazy K2 potash mine involving a skip.  Full Article

Mosaic Co files for potential mixed shelf, size undisclosed - SEC filing
Friday, 17 Feb 2017 04:59pm EST 

Mosaic Co :Mosaic Co files for potential mixed shelf, size undisclosed - SEC filing.  Full Article

Fertilizer maker Mosaic surprises with big profit, shares surge

U.S. fertilizer company Mosaic Co on Tuesday posted bigger-than-expected profit on higher prices, and slashed costs to ride out an agriculture slump, sparking a 9 percent jump in its shares in early trade.