Company profile

Ticker
LXU
Exchange
CEO
Mark T. Behrman
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
731015226

LXU stock data

(
)
FINRA relative short interest over last month (20 trading days) ?

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

25 Feb 20
4 Apr 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Dec 19 Sep 19 Jun 19 Mar 19
Revenue 73.9M 75.5M 121.53M 94.15M
Net income -27.71M -30.79M 6.63M -11.54M
Diluted EPS -1.3 -1.39 -0.05 -0.69
Net profit margin -37.50% -40.79% 5.46% -12.26%
Operating income -31.28M -19.23M 11.35M 71K
Net change in cash -43.99M 8.81M 36.27M -4.34M
Cash on hand 22.79M 66.78M 57.97M 21.71M
Cost of revenue 86.17M 85.23M 101.85M 86.83M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 365.07M 378.16M 427.5M 374.59M
Net income -63.42M -72.23M -29.22M 112.17M
Diluted EPS -3.44 -3.74 -2.18 2.54
Net profit margin -17.37% -19.10% -6.83% 29.94%
Operating income -39.09M -23.03M -34.09M -90.22M
Net change in cash -3.26M -7.57M -26.4M -67.18M
Cash on hand 22.79M 26.05M 33.62M 60.02M
Cost of revenue 360.09M 362.33M 422.04M 423.89M

Financial data from company earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
10 Mar 20 Kristy Carver Common Stock Buy Aquire P 1.74 5,000 8.7K 49,747
6 Mar 20 Lynn F White Common Stock Buy Aquire P 1.889 10,810 20.42K 55,499
28 Feb 20 Harold L Rieker Common Stock Buy Aquire P 1.96 5,000 9.8K 26,936
28 Feb 20 John Howard Diesch Common Stock Payment of exercise Dispose F 1.81 4,234 7.66K 47,695
70.8% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 99 100 -1.0%
Opened positions 12 19 -36.8%
Closed positions 13 8 +62.5%
Increased positions 29 33 -12.1%
Reduced positions 29 24 +20.8%
13F shares
Current Prev Q Change
Total value 1.28B 337.98M +279.0%
Total shares 20.39M 19.9M +2.5%
Total puts 39.8K 0 +Infinity%
Total calls 209.8K 0 +Infinity%
Total put/call ratio 0.2
Largest owners
Shares Value Change
Security Benefit Life Insurance 4.07M $21.08M 0.0%
BLK BlackRock 3.41M $14.33M +5.4%
Dimensional Fund Advisors 1.88M $7.91M +1.0%
Robert Robotti 1.68M $7.04M -17.5%
Gendell Jeffrey L 1.49M $6.28M +5.1%
GS Goldman Sachs 1.22M $5.12M +8618.3%
Vanguard 1.2M $5.05M +2.0%
STT State Street 579.06K $2.43M +1.8%
Renaissance Technologies 477K $2M +18.5%
Fuller & Thaler Asset Management 385.04K $1.62M -0.0%
Largest transactions
Shares Bought/sold Change
GS Goldman Sachs 1.22M +1.21M +8618.3%
Maple Rock Capital Partners 0 -954.5K EXIT
Robert Robotti 1.68M -356.28K -17.5%
IVZ Invesco 366.29K +229.37K +167.5%
BLK BlackRock 3.41M +174.84K +5.4%
Renaissance Technologies 477K +74.5K +18.5%
Gendell Jeffrey L 1.49M +72.18K +5.1%
Alambic Investment Management 95.65K +70.06K +273.7%
PDT Partners 0 -51.1K EXIT
MS Morgan Stanley 135.44K +39.46K +41.1%

Financial report summary

?
Risks
  • Our debt agreements and our preferred stock contain covenants and restrictions that could restrict or limit our financial and business operations. A breach of these covenants or restrictions could result in an event of default under one or more of our debt agreements or contracts at different entities within our capital structure, including as a result of cross acceleration or default provisions.
  • Despite our current levels of debt, we may still incur more debt ranking senior or equal in right of payment with our existing obligations, including secured debt, which would increase the risks described herein.
  • Borrowings under our Working Capital Revolver Loan bear interest at a variable rate, which subjects us to interest rate risk and could cause our debt service obligations to increase.
  • Despite continuing investment to upgrade and replace equipment on an ongoing basis, the age of our chemical manufacturing facilities increases the risk for unplanned downtime, which may be significant.
  • LSB is a holding company and depends, in large part, on receiving funds from its subsidiaries to fund our indebtedness.
  • We have not paid dividends on our outstanding common stock in many years.
  • Deterioration of global market and economic conditions could have a material adverse effect on our business, financial condition, results of operations and cash flow.
  • Our operations and the production and handling of our products involve significant risks and hazards.
  • Our business and customers are sensitive to adverse economic cycles.
  • Weather conditions adversely affect our business.
  • There is intense competition in the markets we serve.
  • A substantial portion of our sales is dependent upon a limited number of customers.
  • We may not have adequate insurance.
  • Loss of key personnel could negatively affect our business.
  • We are subject to collective bargaining agreements with certain employees.
  • Terrorist attacks and other acts of violence or war, and natural disasters (such as hurricanes, pandemic health crises, etc.), have negatively affected and could negatively affect U.S. and foreign companies, the financial markets, the industries where we operate, our operations and our profitability.
  • Cyber security risks could adversely affect our business operations.
  • Our transportation and distribution activities rely on third party providers, which subject us to risks and uncertainties beyond our control that may adversely affect our operations.
  • Future technological innovation could affect our business.
  • We are reliant on a limited number of key facilities.
  • Potential increase of imported agricultural products.
  • Current and future legislative or regulatory requirements affecting our business may result in increased costs and decreased revenues, cash flows and liquidity or could have other negative effects on our business.
  • We may be required to modify or expand our operating, sales and reporting procedures and to install additional equipment in order to comply with current and possible future government regulations.
  • Laws, regulations or other issues related to climate change could have a material adverse effect on us.
  • Certain of our stockholders control a significant amount of our voting stock, and their interests could conflict with interests of other stockholders.
Management Discussion
  • Our consolidated net sales for 2019 were $365.1 million compared to $378.2 million for 2018.  Our consolidated operating loss was $39.1 million compared to $23.0 million for 2018.  The items affecting our operating results are discussed below and under “Results of Operations.”
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
New words: ANFO, back, benchmark, brokerage, budget, carefully, Carlo, channel, Circuit, clarify, Codification, Cornerstone, corrosive, de, Dec, deliberate, Description, destruction, disassemble, dismantle, dissemble, downgrade, elevated, European, expertise, facilitate, granular, hierarchy, highest, imperfect, implicit, imposition, inclement, indeterminate, inordinately, Judgement, lived, lose, Magellan, maritime, meant, modest, Monte, movement, northern, nutrient, percent, perspective, Phase, post, potassium, prolonged, pulled, reactor, Reconsideration, rejoin, renegotiate, rescinded, Resolution, risen, sabotage, scrap, simulation, softening, sought, space, tempered, transparency, TSR, unfavorable, unhedged, unloading, unwilling, withdraw, withdrew, wrongdoing
Removed: afforded, alleged, amortized, amounted, Appalachia, appointed, assigned, BAE, bring, brought, calculated, calculating, cast, ceased, challenge, citizen, closing, commissioning, commitment, condensed, conditioning, constructed, Controller, disposing, distributing, driver, effort, EIA, Emerging, enhancing, exceeded, excluded, explore, extremely, Finnerty, force, forecasting, forfeiture, generation, globally, goodwill, heat, heating, hypothetical, implementation, implementing, implied, insight, instituted, institutional, insure, intangible, line, longer, marketability, noncash, objective, Ordinance, originally, payroll, penalty, placement, prepayment, private, project, qualitative, quantitative, realization, recurring, rental, residential, solicitation, step, store, storing, strong, sued, surrendered, Task, TSA, unamortized, uncertainty, unrelated, upcoming, ventilation, wholly