$MOS (The Mosaic Company)

$MOS {{ '2016-05-31T10:39:38+0000' | timeago}} • SEC

$MOS' 1Q16 operating earnings were negatively impacted by declines in Phosphates ASPs versus 1Q15 which was unfavorably impacted by competitors' imports into North America. Operating earnings were also unfavorably impacted by lower potash ASPs and sales volumes.

$MOS {{ '2017-08-01T18:27:53+0000' | timeago}} • Webcast

$MOS said the Vale Fertilizantes acquisition is an important strategic transaction. It gives $MOS significant interest in North and South America and has lots of interconnectivity with its phosphate operations globally. $MOS targets to achieve $95MM in operational and tax-related synergies on an annual basis.

$MOS {{ '2017-08-01T18:27:25+0000' | timeago}} • Webcast

$MOS stated that it anticipates Chinese phosphate exports to decrease by 1.3MM tonnes in 2H17 due to tax changes and increasing cost pressure. YTD, the exports were up 26% and $MOS expects to end 2017 at about 9MM tonnes.

$MOS {{ '2017-08-01T18:05:43+0000' | timeago}} • Webcast

$MOS recorded $12MM in equity earnings from the Ma'aden Wa'ad Al Shamal JV in 2Q17. The earnings resulted from strong sales of ammonia during a seasonally high period for ammonia prices. The Wa'ad Al Shamal project is likely to produce about 0.5MM tonnes of product in 2017, with potential modest upside depending on the rampup of the mega-project.

$MOS {{ '2017-08-01T17:53:52+0000' | timeago}} • Webcast

During 2Q17, $MOS posted net sales of $975MM in the Phosphates segment, essentially flat with last year. GM was $76MM or 8% of net sales. Net sales in the Potash segment were $468MM and GM was 23% of net sales. Net sales in the International Distribution segment were $583MM and GM was 7% of net sales.

$MOS {{ '2017-08-01T13:07:51+0000' | timeago}} • Infographic

$MOS The Mosaic Company Earnings AlphaGraphic: Q2 2017 Highlights

$MOS {{ '2017-08-01T12:16:16+0000' | timeago}} • Announcement

For FY17, $MOS expects Capex to be $800-850MM. Potash sales volumes are expected to be 8.1-8.6MM tonnes. Phosphates sales volumes are expected to be 9.5-10MM tonnes while International Distribution sales volumes are expected to be 6.75-7.25MM tonnes in FY17.

$MOS {{ '2017-08-01T12:13:06+0000' | timeago}} • Announcement

For 3Q17, $MOS expects total sales volumes for the Phosphates segment to range from 2.2-2.5MM tonnes. Total sales volumes for the Potash segment are expected to range from 1.9-2.2MM tonnes. Total sales volumes for the International Distribution segment are expected to range from 2.3-2.6MM tonnes in 3Q17.

$MOS {{ '2017-08-01T12:09:48+0000' | timeago}} • Announcement

$MOS reported a net income of $97MM or $0.28 per share in 2Q17 compared to a net loss of $10MM or $0.03 per share in 2Q16. Net sales were $1.8Bil, up from $1.7Bil last year, with higher sales volumes offsetting lower phosphates realized prices.

$MOS {{ '2017-07-19T14:50:28+0000' | timeago}} • Announcement

$MOS announced that Kimberly Bors has been named SVP, Human Resources. Bors succeeds Corrine Ricard who was recently named SVP, Commercial.

$MOS {{ '2017-05-18T20:30:42+0000' | timeago}} • Announcement

The BoD of $MOS declared a quarterly dividend of $0.15 per share on its common stock. The dividend will be paid on June 15, 2017, to stockholders of record as of the close of business on June 1, 2017.

$MOS {{ '2017-05-02T19:25:29+0000' | timeago}} • Webcast

$MOS said that it has changed the depreciation method from straight line method to units of production method for certain mining assets to more appropriately reflect the utility of these assets. The company expects to use these assets for a longer period of time in the future.

$MOS {{ '2017-05-02T18:48:50+0000' | timeago}} • Webcast

$MOS said that the Chinese contract is becoming less relevant over time and the conditions are significantly different this year than other years. $MOS expects India to be ahead of China again this year like last year and the company doesn't assume a whole bunch of Chinese products in its 2Q17 outlook.

$MOS {{ '2017-05-02T14:09:54+0000' | timeago}} • Announcement

For 2Q17, $MOS sees total sales volumes for the Phosphates segment of 2.3-2.6MM tonnes. Total sales volumes for the Potash segment are expected 2.0-2.3MM tonnes. Total sales volumes for the International Distribution segment are touted at 1.4-1.7MM tonnes for the second quarter of 2017, compared to 1.4 million tonnes last year.

$MOS {{ '2017-05-02T14:06:02+0000' | timeago}} • Announcement

Cash flow provided by operating activities in 1Q17 was $146MM for $MOS. Capital expenditures totaled $224MM in the quarter. Mosaic's total cash and cash equivalents were $675MM and long-term debt was $3.8Bil as of March 31, 2017.

$MOS {{ '2017-05-02T14:03:13+0000' | timeago}} • Announcement

Net sales of $MOS fell 5.7% to $1.58Bil in 1Q17, as it posted a net attributable loss of $0.9MM vs. a profit of $256.8MM a year ago. Earnings were almost nil, down from $0.73 per diluted share, as lower prices offset higher sales volumes.

$MOS {{ '2017-03-31T13:25:41+0000' | timeago}} • Announcement

$MOS announced an incident at its Esterhazy K2 potash mine involving a skip. The incident occurred in the later part of 1Q and is not expected to materially impact 1Q17 potash results. $MOS estimates a loss of production in the range of 200,000 to 300,000 tonnes, which is expected to negatively impact 2Q17 sales volumes.

$MOS {{ '2017-02-07T15:35:05+0000' | timeago}} • Webcast

$MOS reported that phosphate imports and shipments in India were off in 2016 as it drew down stocks. $MOS estimates shipments in 2017 to rebound to 9.3-9.5MM tonnes, up from about 9.2MM in 2016 and imports to rebound from less than 5MM tonnes to about 4.8MM. The company added that there may be a little bit more upside than the current forecast.

$MOS {{ '2017-02-07T15:17:07+0000' | timeago}} • Webcast

$MOS guided that Chinese phosphates exports will be down to 7-8MM tonnes in 2017. The tighter environmental regulations and pollution taxes will impact the low cost producers, which in turn will raise the industry cost curve, the company said. $MOS expects further reductions in both production and exports in China.

$MOS {{ '2017-02-07T15:10:13+0000' | timeago}} • Webcast

$MOS said that the acquisition of the Vale Fertilizantes business from $VALE fits well with the company. The acquisition will help in $MOS to build solid market positions in Brazil. The company is confident that with good long-term assets and people from $VALE, $MOS has opportunities to grow the business in Brazil.

$MOS {{ '2017-02-07T14:38:35+0000' | timeago}} • Webcast

For 2017, $MOS expects SG&A costs to be $295-310MM, down compared to 2016 and CapEx is expected to be $800-900MM, down from the company's original expectations of $1.2Bil. Potash and phosphate prices continue to move up even through the seasonally slow time of the year, the company said. $MOS expects strong global demand in 2017.

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