Nutrien Ltd. (NTR) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings, and welcome to Nutrient's 2026 Second Quarter Earnings Call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. As a reminder, this conference call is being recorded. And I would now like to turn the conference call over to Jeff Holzman, Senior Vice President of Investor Relations and FP&A. Please go ahead. Thank you, operator. Good morning and welcome to Nutrient's second quarter 2026 earnings call. As we conduct this call, various statements that we make about future expectations, plans, and prospects contain forward-looking information. Certain assumptions were applied in making these conclusions and forecasts. Therefore, actual results could differ materially from those contained in our forward-looking information. Additional information about these factors and assumptions is contained in our quarterly report to shareholders as well as our most recent annual report MD&A and Annual Information Forum. I will now turn the call over to Kent Seitz, Nutrient's President and CEO, and Mark Thompson, our CFO, for opening comments. Good morning and thank you for joining us today to review our first half performance, focus on our strategic priorities and the outlook for our business. In the first half of 2026, Nutrient delivered record potash sales volumes. Strong Growth in Proprietary Products Margins and further enhanced the reliability and cost position of our nitrogen assets in a dynamic global operating environment. We raised the bottom end of our 2026 potash sales volumes guidance, lowered our capital expenditures guidance range and increased the pace of share repurchases. Our results demonstrated strong performance against our strategic priorities that are strengthening our business ...