CF Industries ties up with OCI to create fertilizer giant

C-F Industries is making a landmark deal with a Dutch-based company, that would make it one of the worlds largest nitrogen fertilizer companies.


6/8/2015 – CF Industries Holdings had its price target raised by analysts at JPMorgan Chase & Co. from $290.00 to $315.00. The company has a market cap of $13,890 million and the number of outstanding shares have been calculated to be 235,345,000 shares. The heightened volatility saw the trading volume jump to 1,251,537 shares. Susquehanna lowered shares of CF Industries Holdings from a “positive” rating to a “neutral” rating and set a $70.00 target price on the a research report on Wednesday, July 22nd. The higher price target estimate is at $72 and the lower price target estimate is expected at $52 according to 11 Analyst. Scotiabank reaffirmed a “sector outperform” rating on shares of CF Industries Holdings in a research report on Monday, July 20th. (NYSE:CF) which led to swings in the share price. The 50-day moving average is $62.69 and the 200 day moving average is recorded at $60.67.

The firm also recently announced a quarterly dividend, which will be distributed on Monday, August 31st. The 52-week low of the share price is at $47.892.

CF Industries Holdings was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. The ex-dividend date of this dividend is Wednesday, August 12th. This represents a $1.20 annualized dividend and a yield of 1.95%. On average, analysts predict that CF Industries Holdings, Inc. will post $4.43 EPS for the current fiscal year. The Firm’s nitrogen fertilizer products include ammonia, granular urea and urea ammonium nitrate solution (NYSE:CF). During the past week, the shares have seen a change of -0.3% in the shares.The block trade data suggests an inflow of $5.87 million in upticks and an outflow of $1.25 million in downticks.

The combination with Amsterdam-based OCI’s European, North American and global distribution businesses follows its attempt to join with Yara worldwide ASA, a deal that fell apart. The Company’s customers include cooperatives, independent fertilizer distributors and industrial users. It runs seven nitrogen fertilizer production facilities in North America. Additionally, it has a 75.3% interest in Terra Nitrogen Company, L.P. (TNCLP) and its subsidiary, TNLP, which possesses a nitrogen fertilizer facility in Verdigris, Oklahoma.


The deal will create the world’s largest publicly traded nitrogen company, and is expected to increase CF’s effective nitrogen capacity per share by 18 percent. Now it has facilities in the US, Canada and the UK.

CF Industries Makes $6 Billion Acquisition