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LSB Industries, Inc. (NYSE: LXU) (“LSB” or the “Company”) today announced results for the fourth quarter ended December 31, 2023.Fourth Quarter 2023 Results and Recent HighlightsNet sales of $133 million compared to $234 million in the fourth quarter of 2022Net loss of $5 million compared to net income $66 million in the fourth quarter of 2022Diluted EPS of ($0.07) compared to $0.83 for the fourth quarter of 2022Adjusted EBITDA(1) of $25 million compared to $105 million in the fourth quarter of
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First sub-bullet of the El Dorado Carbon Capture and Sequestration (CCS) Project with Lapis Energy section should read: Awaiting approval of Class VI permit application by the EPA; expected in first half of 2025 (instead of Awaiting approval of Class VI permit application by the EPA; expected in first half of 2023).The updated release reads: LSB INDUSTRIES, INC. REPORTS OPERATING RESULTS FOR THE 2023 THIRD QUARTERLSB Industries, Inc. (NYSE: LXU) (“LSB” or the “Company”) today announced results f
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LSB Industries, Inc. (NYSE: LXU) (“LSB” or the “Company”) today announced results for the third quarter ended September 30, 2023.Third Quarter 2023 Results and Recent HighlightsNet sales of $114 million compared to $184 million in the third quarter of 2022Net loss of $8 million compared to net income $2 million in the third quarter of 2022EPS of ($0.10) compared to $0.03 for the third quarter of 2022Adjusted EBITDA(1) of $9 million compared to $50 million in the third quarter of 2022Cash Flow fr
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Tokyo-based INPEX Corporation (TSE: 1605) (“INPEX”), Paris-based Air Liquide Group (“Air Liquide”), Oklahoma City-based LSB Industries, Inc. (NYSE: LXU) (“LSB”), and Houston-based Vopak Moda Houston LLC (“Vopak Moda”) have agreed to collaborate on the pre-FEED for the development of a large-scale, low-carbon ammonia production and export project on the Houston Ship Channel. If the development proceeds, the project’s first phase is targeted to produce more than 1.1 million tonnes per annum (MTPA)