CF

CF Industries Holdings, Inc. is a leading global manufacturer and distributor of nitrogen fertilizer and other nitrogen products used in agriculture and industrial applications. The company produces ammonia, granular urea, urea ammonium nitrate solution (UAN), and ammonium nitrate used primarily as fertilizers supporting crop production. CF Industries operates world-scale nitrogen manufacturing complexes in the United States, Canada, and United Kingdom, benefiting from access to low-cost natural gas feedstock. The company serves agricultural retailers, cooperatives, distributors, and industrial customers requiring nitrogen products. Founded in 1946 as a farmers' cooperative and headquartered in Deerfield, Illinois, CF Industries has evolved into a publicly traded global nitrogen producer. The company benefits from North American natural gas cost advantages, efficient large-scale facilities, and distribution infrastructure including terminals and rail access. CF Industries experiences volatility from nitrogen fertilizer price cycles, agricultural commodity prices affecting farmer income, and natural gas cost fluctuations. The company generates substantial cash flows during favorable price environments. CF Industries is investing in clean hydrogen and carbon capture opportunities while maintaining nitrogen production focus.