On June 1, 2019, Corteva Inc. became an independent, publicly traded company through the previously announced separation (the “Separation”) of the agriculture business of DuPont de Nemours Inc. (formerly known as DowDuPont Inc.) (“DuPont” or "DowDuPont"). The separation was effectuated through a pro rata distribution (the “Corteva Distribution”) of all of the then-issued and outstanding shares of common stock, par value $0.01 per share, of Corteva Inc., which was then a wholly-owned subsidiary of DowDuPont, to holders of record of DowDuPont common stock as of the close of business on May 24, 2019. In connection with the Separation, DowDuPont Inc. changed its name to DuPont de Nemours Inc.
Company profile
Ticker
CTA-PA, CTA-PB
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
510014090
Calendar
4 May 22
26 Jun 22
31 Dec 22
Financial summary
Quarter (USD) | Sep 21 | Jun 21 | Mar 21 | Dec 20 | |
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Diluted EPS |
Annual (USD) | Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 2.78B | 2.78B | 2.78B | 2.78B | 2.78B | 2.78B |
Cash burn (monthly) | 27.33M | (no burn) | (no burn) | (no burn) | 58.67M | (no burn) |
Cash used (since last report) | 243.41M | n/a | n/a | n/a | 522.45M | n/a |
Cash remaining | 2.54B | n/a | n/a | n/a | 2.26B | n/a |
Runway (months of cash) | 92.8 | n/a | n/a | n/a | 38.5 | n/a |
Institutional ownership, Q4 2021
0.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 4 |
Opened positions | 1 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 108.73M |
Total shares | 1.53K |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Laffer Investments | 1K | $108.67M |
PNC PNC Financial Services | 200 | $22K |
Dividend Assets Capital | 175 | $19K |
High Net Worth Advisory | 155 | $17K |
Financial report summary
?Management Discussion
- Net sales were $4,601 million and $4,178 million for the three months ended March 31, 2022 and 2021, respectively. The increase was primarily driven by a 9 percent increase in price and a 7 percent increase in volume versus the prior period, partially offset by a (6) percent unfavorable currency impact. Volume and price gains were driven by early demand and continued penetration of new products, continued focus on the company's price for value strategy and recovery of higher input costs. The unfavorable currency impacts were led by the Turkish Lira and the Euro.
- 1.Represents U.S. & Canada.
- 2.Europe, Middle East, and Africa ("EMEA").
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Bad
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New words:
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Removed:
achieving, acrylic, activist, African, Ag, amending, approximate, ASC, assertion, BrevantTM, Bureau, Canadian, channel, clarifying, closed, complexity, compliant, comprised, concluding, coordination, coupled, DAS, declared, drew, ECP, eliminate, ethylene, evaluate, Execute, FBN, formal, framework, globe, Goodwill, home, impaired, impairment, improving, increasing, indirectly, informal, Initiative, inquiry, Integrated, Latin, launch, life, limiting, lived, maintaining, multidistrict, nondiscretionary, oil, operation, optimizing, Organization, pandemic, phase, pledged, pm, political, prospective, Rand, realizability, realize, rebound, refused, removing, repaid, retail, run, Safrinha, schedule, short, Simplification, Simplifying, situation, stay, tested, tort, transition, unilaterally, unstable, valuation, western, Win, ZAR
Financial reports
Current reports
8-K
DuPont Announces Leadership Changes
18 Feb 20
8-K
Changes in Control of Registrant
3 Jun 19
8-K
Unaudited Pro Forma Combined Financial Statements
3 May 19
8-K
Other Events
22 Mar 19
8-K
Material Impairments
18 Oct 18
8-K
Cost Associated with Exit or Disposal Activities
1 Nov 17
8-K
Completion of Acquisition or Disposition of Assets
31 Aug 17
8-K
Entry into a Material Definitive Agreement
24 Aug 17
8-K
DuPont and Dow Set Closing Date for Merger of Equals
3 Aug 17
8-K
DuPont Reports Second-Quarter and First-Half Results
24 Jul 17
Registration and prospectus
S-3ASR
Automatic shelf registration
6 May 22
424B2
Prospectus for primary offering
14 May 20
FWP
Free writing prospectus
13 May 20
424B5
Prospectus supplement for primary offering
12 May 20
POSASR
Automatic shelf registration (post-effective amendment)
14 Feb 20
S-8 POS
Registration of securities for employees (post-effective amendment)
4 Sep 17
S-8 POS
Registration of securities for employees (post-effective amendment)
4 Sep 17
S-8 POS
Registration of securities for employees (post-effective amendment)
4 Sep 17
S-8 POS
Registration of securities for employees (post-effective amendment)
4 Sep 17
S-8 POS
Registration of securities for employees (post-effective amendment)
4 Sep 17
Proxies
DEFA14A
Additional proxy soliciting materials
13 Apr 17
DEFM14A
Proxy related to merger
9 Jun 16
DEFA14A
Additional proxy soliciting materials
14 Apr 16
PX14A6G
Letter to shareholders
27 Mar 16
DEF 14A
Definitive proxy
17 Mar 16
DEFA14A
Additional proxy soliciting materials
17 Mar 16
DFAN14A
Additional proxy materials by non-management
12 May 15
DEFA14A
Additional proxy soliciting materials
11 May 15
DEFA14A
Additional proxy soliciting materials
10 May 15
Other
SD
Conflict minerals disclosure
22 Mar 19
SD
Conflict minerals disclosure
31 May 18
SD
Conflict minerals disclosure
30 May 17
SD
Conflict minerals disclosure
30 May 16
NO ACT
No action letter
18 Jan 16
SD
Conflict minerals disclosure
31 May 15
UPLOAD
Letter from SEC
28 May 15
CORRESP
Correspondence with SEC
10 May 15
CORRESP
Correspondence with SEC
21 Apr 15
UPLOAD
Letter from SEC
15 Apr 15
Ownership
SC 13G/A
Caribou Biosciences / DUPONT E I DE NEMOURS & CO ownership change
1 Jun 22
SC 13G
Caribou Biosciences / DUPONT E I DE NEMOURS & CO ownership change
1 Mar 22
3
DUPONT E I DE NEMOURS & CO / BRIAN TITUS ownership change
10 Jun 19
3
DUPONT E I DE NEMOURS & CO / NEAL GUTTERSON ownership change
10 Jun 19
3
DUPONT E I DE NEMOURS & CO / TIMOTHY P GLENN ownership change
10 Jun 19
3
DUPONT E I DE NEMOURS & CO / RAJAN GAJARIA ownership change
10 Jun 19
3
DUPONT E I DE NEMOURS & CO / CORNEL B FUERER ownership change
10 Jun 19
3
DUPONT E I DE NEMOURS & CO / Meghan Cassidy ownership change
10 Jun 19
3
DUPONT E I DE NEMOURS & CO / GREGORY R FRIEDMAN ownership change
10 Jun 19
3
DUPONT E I DE NEMOURS & CO / James C. Jr. Collins ownership change
10 Jun 19