Nutrien Ltd T.NTR

Alternate Symbol(s): NTR

Chemicals Basic Materials

Nutrien Ltd. is a Canada-based provider of crop inputs and services. The Company operates a network of production, distribution and ag retail facilities to serve the needs of growers. The Company operates through four segments: Nutrien Ag Solutions (Retail), Potash, Nitrogen and Phosphate. The Retail segment distributes crop nutrients, crop protection products, seed and merchandise. Its Retail provides services directly to growers through a network of farm centers in North America, South America and Australia. Its retail operations serve growers in seven countries across three continents. The Potash, Nitrogen and Phosphate segments are differentiated by the chemical nutrients contained in the products that each produces. The Company produces and distributes about 26 million tons of potash, nitrogen, and phosphate products for global agricultural, industrial, and feed customers. The Company’s agriculture retail network services over 500,000 grower accounts worldwide.

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Nutrien Ltd > BHP

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Comment by retiredcfon Oct 18, 2023 8:10am

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Post# 35688580

RE:BHP

Interesting coincidence this morning. GLTA

BHP to sell its 50% stake in Daunia and Blackwater to Whitehaven for up to $4.1bn in cash

Our view: This transaction albeit probably will be deemed by the market to have occurred at a relatively modest price does provide some intangible value for BHP. 1) This increases the asset quality and margin position of the remaining met coal business which potentially translates into a better multiple over time. 2) The sale provides a clean exit in one transaction. 3) The forward capital to be spent at these mines can now be reallocated throughout the portfolio to higher return. 4) The c. $2.0bn in proceeds will allow for BHP to reduce net debt which is towards the upper end of the $5-$15bn range. We therefore see this deal as neutral, especially considering the scale of value leakage would be minimal within BHP’s current $146bn market cap.