Nutrien Is Taking Steps Toward Portfolio Optimization -- Market Talk

Dow Jones
04/07
 

1402 ET [Dow Jones]--Nutrien is making a new push to optimize its portfolio, which the company expects will drive higher free cash flow per share. CIBC's Hamir Patel says in a report that since 4Q24, the company has generated around $900 million in gross proceeds from shedding noncore assets and is targeting decisions on phosphate, Trinidad Nitrogen and Brazil Retail by the end of 2026. CEO Ken Seitz tells CIBC the Phosphate review remains ongoing, with options including "restructuring … a partnership or a sale," while Trinidad's idled nitrogen assets remain economically unfeasible given gas constraints and port issues. In Brazil, Nutrien has cut retail locations by around half and achieved breakeven Ebitda, yet still sees room to "further improve its ROIC." Patel says these steps reinforce confidence in the outperformer rating. (adriano.marchese@wsj.com)

 

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April 06, 2026 14:06 ET (18:06 GMT)

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