Andrew Wong

Lucas Beaumont

Kevin Estok

Robert McGuire

Charles Neivert

David Begleiter

Rob McGuire

Daniel Rizzo

Joshua Spector

Laurence Alexander

Peter Gastreich

- LSB Industries reported **Q3 2025 adjusted EBITDA of $40 million**, an increase from $17 million in Q3 2024, and generated **$36 million in free cash flow** during the quarter, bringing the year-to-date total to **$20 million**.  **[0000060714_2216356_2]** 
- The company completed its transition from high-density ammonium nitrate (HDAN) for fertilizers to **ammonium nitrate solution for explosives**, achieving **100% fulfillment of contractual obligations** for this product.  **[0000060714_2216356_1]** 
- Market conditions remained constructive, with **UAN prices averaging $336 per tonne in Q3**, representing a **65% increase over Q3 2024**, and **Tampa ammonia settling at $650 per metric tonne for November**, up from $392 per tonne in June 2025.  **[0000060714_2216356_1]** **[0000060714_2216356_2]** 
- The **El Dorado low-carbon project** is on track, with the technical review of its permit expected to be completed in **Q1 2026** and operations anticipated to begin by the **end of 2026**, projected to generate approximately **$15 million in annual EBITDA**.  **[0000060714_2216356_2]** 
- Management expects **Q4 2025 results to be higher than Q4 2024** due to anticipated higher selling prices and production volumes, partially offset by increased variable and other costs.  **[0000060714_2216356_2]**

LSB Industries Reports Strong Q3 2025 Financial Results and Operational Progress

- LXU delivered **solid results** in Q3 2025, reporting **Net Sales of $155 million**, **Adjusted EBITDA of $40 million**, and **Diluted EPS of $0.10**.  **[0000060714_2215730:6]** 
- The company generated **solid free cash flow** of **$21 million** in Q3 2025 and maintained a **net debt/TTM Adjusted EBITDA of 2.0X** as of September 30, 2025.  **[0000060714_2215730:6]** 
- The Stockholder Rights Plan, designed to protect substantial net operating losses (NOLs), is in effect until **August 22, 2026**.  **[0000060714_2215730:5]** 
- The **El Dorado CCS Low Carbon Ammonia Project** is on track for a **late 2026 startup**, with a stratigraphic well drilled in the second half of 2025 and construction expected to commence in the second half of 2026.  **[0000060714_2215730:7]** 
- The outlook for fertilizer and industrial end markets is forecasted to remain **strong into 2026**.  **[0000060714_2215730:5]**

LXU Reports Solid Q3 2025 Results and Provides Project Update

- LSB Industries, Inc. reported **solid Q3 2025 financial results**, with **Net Sales of $155 million**, **Adjusted EBITDA of $40 million**, and **Diluted EPS of $0.10**, driven by improved reliability and higher UAN pricing.  **[60714_0001193125-25-257648_lxu-ex99_1.htm:2]** 
- The company's **Stockholder Rights Plan**, intended to protect **substantial net operating losses (NOLs)**, remains in effect until **August 22, 2026**, preventing an "ownership change" if any person acquires **4.9% or more** of common stock.  **[60714_0001193125-25-257648_lxu-ex99_1.htm:2]** 
- The outlook for **fertilizer and industrial end markets** is projected to remain **strong into 2026**, supported by factors such as ammonia supply disruptions and robust industrial product demand.  **[60714_0001193125-25-257648_lxu-ex99_1.htm:2]** 
- LSB Industries, Inc. maintained **robust liquidity** as of September 30, 2025, reporting **$78 million in Cash & Short-Term Investments** and a **Net Debt/TTM Adjusted EBITDA of 2.0X**.  **[60714_0001193125-25-257648_lxu-ex99_1.htm:3]** 
- The **Low Carbon Ammonia Project** is **on track for a late 2026 startup**, having achieved milestones including commencing CCS facility construction and securing a 150K ton/y off-take agreement.  **[60714_0001193125-25-257648_lxu-ex99_1.htm:3]**

LSB Industries Reports Solid Q3 2025 Results and Provides Business Updates

- **LSB Industries, Inc.** reported **net sales of $155.4 million** for the third quarter ended September 30, 2025, a **42% increase** compared to $109.2 million in Q3 2024.  **[60714_0001193125-25-256372_lxu-ex99_1.htm:0]** 
- The company achieved **net income of $7.1 million** and **diluted EPS of $0.10** in Q3 2025, a significant improvement from a net loss of $25.4 million and diluted EPS of $(0.35) in the prior year's quarter.  **[60714_0001193125-25-256372_lxu-ex99_1.htm:0]** 
- **Adjusted EBITDA** for Q3 2025 was **$40.1 million**, up from $17.5 million in Q3 2024.  **[60714_0001193125-25-256372_lxu-ex99_1.htm:0]** 
- As of September 30, 2025, the company held **approximately $152.0 million in cash, cash equivalents, and short-term investments** and had **total debt of $448.4 million**.  **[60714_0001193125-25-256372_lxu-ex99_1.htm:0]** 
- Management noted a **robust market backdrop** driven by strong demand for explosives due to mining activity, increased nitric acid demand, and healthy fertilizer markets, with the **El Dorado Carbon Capture and Sequestration (CCS) Project** expected to begin operations by the end of 2026.  **[60714_0001193125-25-256372_lxu-ex99_1.htm:0]** **[60714_0001193125-25-256372_lxu-ex99_1.htm:1]**

LSB Industries Reports Strong Q3 2025 Operating Results

- LSB Industries, Inc. reported **net sales of $155.4 million** for the third quarter ended September 30, 2025, an increase from $109.2 million in the third quarter of 2024.  **[60714_a2cbe3a64a564cda825c69f8ab3c0d67_0]**  The company achieved **net income of $7.1 million** and **diluted EPS of $0.10** in Q3 2025, compared to a net loss of $25.4 million and diluted EPS of $(0.35) in Q3 2024.  **[60714_a2cbe3a64a564cda825c69f8ab3c0d67_0]** 
- **Adjusted EBITDA increased to $40.1 million** in Q3 2025, up from $17.5 million in the same period last year.  **[60714_a2cbe3a64a564cda825c69f8ab3c0d67_0]** 
- As of September 30, 2025, the company had approximately **$152.0 million in total cash, cash equivalents, and short-term investments**, and total debt of **$448.4 million**.  **[60714_a2cbe3a64a564cda825c69f8ab3c0d67_0]** 
- LSB Industries noted a **robust market backdrop**, driven by increased demand for explosives due to strong gold and copper pricing, rising demand for nitric acid, and healthy fertilizer markets supported by tight global supply.  **[60714_a2cbe3a64a564cda825c69f8ab3c0d67_0]** **[60714_a2cbe3a64a564cda825c69f8ab3c0d67_1]** 
- The company is advancing its **El Dorado Carbon Capture and Sequestration (CCS) Project**, which is expected to capture between 400,000 and 500,000 metric tons of CO2 per year, reducing Scope 1 emissions by 25%, with operations anticipated to begin by the end of 2026.  **[60714_a2cbe3a64a564cda825c69f8ab3c0d67_1]**

LSB INDUSTRIES (LXU)