NYSE:CFChemicals
CF Industries Profit Boost From Strait Closure And What Comes Next
CF Industries Holdings (NYSE:CF) saw profitability and cash flow benefit from a spike in global nitrogen fertilizer prices triggered by the closure of the Strait of Hormuz.
The company experienced this uplift while its feedstock costs remained comparatively low during the disruption.
Cambiar SMID, an institutional fund, exited its position in CF Industries after a sizeable share price gain, expecting fertilizer prices to normalize once the Strait reopens.
CF Industries is a major nitrogen...