LSB Industries, Inc.

LSB Industries, Inc., founded in 1968 and headquartered in Oklahoma City, is listed on the New York Stock Exchange under the ticker LXU and produces nitrogen-based chemicals for agriculture, industrial applications and mining. It operates multi-plant facilities in Cherokee, Alabama; El Dorado, Arkansas; and Pryor, Oklahoma, along with a Baytown, Texas facility operated on behalf of Covestro.

For the full year 2024 the company reported net sales of USD 522.4 million, down from USD 593.7 million in 2023, and a net loss of USD 19.4 million against net income of USD 27.9 million the prior year, with the 2024 result including approximately USD 37.8 million of turnaround costs and USD 11.7 million of non-cash asset write-downs. Adjusted EBITDA held nearly flat at USD 129.5 million versus USD 132.7 million, and ammonia production totalled 757,000 tons across facilities that completed planned turnarounds at Pryor and Cherokee.

The company strengthened its balance sheet by repurchasing USD 96.6 million in principal amount of Senior Secured Notes, reducing total debt 17 percent from the end of 2023. For 2025 it forecasts ammonia production of 790,000 to 820,000 tons with sales volumes of 620,000 to 650,000 tons of UAN, and it continues to develop low-carbon ammonia projects with partners including INPEX and Air Liquide.