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Agrium Inc.
Type
Public company
Traded as TSX: AGU
NYSE: AGU
S&P/TSX 60 component
Industry Chemicals, Agriculture
Founded 1931
Headquarters Calgary, Alberta, Canada
Area served
Worldwide
Key people
Victor J. Zaleschuk (Director)
(Chairman of the Board)

Chuck Magro (CEO)
Products Agricultural products and services
Revenue Increase US$16.0 billion (2014)
Operating income
Increase $3.6 billion (2014)
Net income
Increase $720 million (2014)
Total assets Increase $17.1 billion (2014)
Total equity Increase $6.7 billion (2014)
Number of employees
15,500 (2014)
Divisions Agrium Retail
Agrium Wholesale
Subsidiaries Agrium U.S.
Website Agrium.com

Agrium is a major retail supplier of agricultural products and services in North America, South America and Australia and a wholesale producer and marketer of all three major agricultural nutrients and a supplier of specialty fertilizers in North America.

Agrium was founded as Cominco Fertilizers (short for Consolidated Mining and Smelting Company) in 1931 and changed its name to Agrium in 1995. Agrium is headquartered in Calgary, Alberta, Canada. Crop Production Services, Inc., a subsidiary company, is based in Loveland, Colorado and is the location of Agrium's Retail Business Unit head office. The company is a part-owner of Canpotex, which manages all potash exporting from Saskatchewan.

On September 12, 2016, Agrium announced that it had agreed to merge with PotashCorp, which will make the combined company the largest producer of potash and second-largest producer of nitrogen fertilizer worldwide. Agrium will divest certain U.S. assets.

Agrium operates in two business segments:

Agrium operates close to 1,500 retail agricultural centres in the U.S., Canada, South America and Australia under the brand names Crop Production Services (CPS), Crop Production Services Canada (CPSC), Agroservicios Pampeanos S.A. and Landmark. Crop Production Services was acquired in 1994.

On December 3, 2010 Agrium announced the completion of the acquisition of the Australian Wheat Board for a total acquisition price of $1.236-billion Australian dollars. This acquisition adds to the retail division of Agrium. Roughly 40% of the AWB holdings were sold to Cargill, including the Commodity Management Business.

In October 2013, Agrium announced the acquisition of Viterra's Canadian retail assets, after previously acquiring Viterra's retail locations in Australia.

The Wholesale segment produces nitrogen, phosphate, potash and sulphur-based fertilizers. This segment also owns and operates a potash mine and production facility in the Rural Municipality of Vanscoy No. 345 in Saskatchewan, Canada, and a phosphate mine in Conda, Idaho, U.S.

The Wholesale segment engages in the ownership of nitrogen-based fertilizer plants in Bahía Blanca, Argentina and in Damietta, Egypt.

In 2006 the U.S. EPA fined Agrium US$750,000 for violations of the Clean Air Act. Unpermitted modifications to the Ohio nitrogen products plant resulted in excessive releases of NOx. The US EPA report states that these nitrogen oxides "cause severe respiratory problems, contribute to childhood asthma, acid rain, climate change, smog and haze, and impairs visibility in national parks. Emissions from nitric acid plants can be carried significant distances downwind, causing air quality problems..." The plant in question was acquired in October 2006 during the takeover of Royster Clark.

In 2003 Agrium was issued an administrative compliance order for excessive emissions at a Kennewick, Washington plant. Agrium discovered the violations at the Kennewick facility through a comprehensive Clean Air Act audit of the facility in late 2000. Agrium promptly reported the audit findings to EPA under EPA’s policy on Incentives for Self-Policing, also referred to as the "Self-Disclosure Policy". In 2005 Agrium was fined for failure to disclose release of toxic gases at this same plant.

An Agrium ammonia/urea plant is listed by the Alaska Department of Environmental Conservation as a contaminated site due to spillage of ammonia, arsenic, and other contaminants.

Media related to Agrium at Wikimedia Commons

News

Agrium Inc. (basic materials)

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q1 2018 2018-05-03 Future report Set alerts
Q4 2017 2018-02-07 Future report Set alerts
Q3 2017 2017-11-07 -0.23 -0.52
Q2 2017 2017-08-09 4.09 4.00
Q1 2017 2017-05-01 -0.07 -0.08
Q4 2016 2017-02-09 0.68 0.49
Q3 2016 2016-11-03 -0.03 -0.28
Q2 2016 2016-08-03 4.18 3.97
Q1 2016 2016-05-03 0.05 0.02
Q4 2015 2016-02-09 1.52 1.45

Ratings

2016-07-07 Boost Price Target Citigroup Inc. Neutral $87.00 to $91.00
2016-06-16 Reiterated Rating Morgan Stanley Hold
2016-06-11 Reiterated Rating Scotiabank Sector Outperform $100.00
2016-06-09 Downgrade Credit Agricole Underperform to Sell $84.00 to $86.00
2016-06-09 Reiterated Rating TD Securities Hold $88.00 to $96.00
2016-06-09 Reiterated Rating RBC Capital Outperform
2016-06-09 Reiterated Rating BMO Capital Markets Buy $100.00
2016-06-09 Reiterated Rating Royal Bank Of Canada Outperform
2016-06-09 Downgrade Credit Agricole SA Underperform to Sell $84.00 to $86.00
2016-05-31 Upgrade Stifel Nicolaus Sell to Hold $103.00
2016-04-26 Reiterated Rating RBC Capital Outperform $127.00 to $120.50
2016-04-21 Downgrade Vertical Group Hold to Sell
2016-04-21 Downgrade Vertical Research Buy to Hold
2016-04-19 Downgrade Barclays Buy
2016-04-19 Downgrade Barclays PLC Buy
2016-04-17 Downgrade Cowen and Company Hold
2016-04-14 Downgrade Scotiabank Focus List to Buy
2016-04-12 Lower Price Target HSBC $97.00 to $87.00
2016-03-30 Boost Price Target Credit Suisse $90.00 to $93.00
2016-03-30 Boost Price Target Credit Suisse Group AG $90.00 to $93.00
2016-02-22 Lower Price Target Susquehanna Positive Agu.To $105.00 to $100.00
2016-02-16 Lower Price Target Goldman Sachs Neutral $88.00 to $82.00
2016-02-16 Lower Price Target Goldman Sachs Group Inc. Neutral $88.00 to $82.00
2016-02-11 Reiterated Rating Barclays Overweight $104.00 to $96.00
2016-02-10 Lower Price Target Paradigm Capital Buy $97.50
2016-02-10 Lower Price Target BMO Capital Markets $100.00 to $95.00
2016-02-05 Reiterated Rating RBC Capital Outperform $105.00 to $100.00
2016-01-26 Lower Price Target Susquehanna Positive $117.00 to $105.00
2016-01-21 Upgrade Standpoint Research Hold to Buy $108.00
2016-01-14 Lower Price Target CIBC $117.00 to $115.00
2016-01-12 Lower Price Target Barclays Overweight $111.00 to $104.00
2016-01-05 Upgrade Citigroup Inc. Sell to Neutral
2015-12-22 Reiterated Rating Cowen and Company Hold
2015-12-21 Lower Price Target Credit Suisse Outperform $110.00 to $102.00
2015-12-21 Boost Price Target Cowen and Company Market Perform $90.00 to $100.00
2015-11-20 Lower Price Target Barclays Overweight $114.00 to $111.00
2015-11-06 Boost Price Target TD Securities $105.00 to $110.00
2015-11-06 Lower Price Target Susquehanna Positive $120.00 to $117.00
2015-10-21 Boost Price Target Susquehanna $117.00 to $120.00
2015-10-21 Downgrade TD Securities Buy to Hold $120.00 to $105.00
2015-10-21 Lower Price Target RBC Capital Outperform $115.00 to $110.00
2015-10-20 Lower Price Target HSBC Hold $113.00 to $105.00
2015-10-19 Lower Price Target CIBC $117.00
2015-10-14 Lower Price Target Cowen and Company $103.00 to $100.00
2015-10-05 Reiterated Rating Barclays Overweight $119.00 to $114.00
2015-10-02 Lower Price Target Citigroup Inc. Sell $95.00 to $81.00
2015-09-23 Lower Price Target Raymond James Market Perform $115.00 to $105.00
2015-09-23 Lower Price Target Raymond James Financial Inc. Market Perform $115.00 to $105.00
2015-09-22 Reiterated Rating Canaccord Genuity Buy $115.00 to $112.00
2015-09-20 Reiterated Rating Scotiabank Focus Stock $125.00
2015-08-14 Reiterated Rating Barclays Buy
2015-08-13 Reiterated Rating Barclays Overweight $125.00 to $119.00
2015-08-11 Reiterated Rating Susquehanna Buy
2015-08-11 Reiterated Rating RBC Capital Outperform $120.00 to $115.00
2015-08-10 Lower Price Target Susquehanna Positive $126.00 to $117.00
2015-08-07 Upgrade Howard Weil Outperform to Focus List
2015-08-07 Lower Price Target Raymond James Market Perform $120.00 to $115.00
2015-08-07 Lower Price Target Paradigm Capital Buy $118.00 to $114.00
2015-08-06 Reiterated Rating Canaccord Genuity Buy $115.00
2015-08-06 Reiterated Rating Scotiabank Sector Outperform $125.00
2015-06-17 Downgrade Credit Agricole Outperform to Underperform
2015-05-11 Set Price Target Susquehanna Buy $138.00 to $126.00
2015-05-10 Reiterated Rating TD Securities Buy $130.00 to $125.00
2015-05-10 Reiterated Rating Paradigm Capital Buy $126.00 to $118.00
2015-05-09 Reiterated Rating HSBC Neutral $119.00 to $113.00
2015-05-07 Lower Price Target RBC Capital Outperform $130.00 to $125.00
2015-05-06 Set Price Target Canaccord Genuity Buy $128.00 to $126.00
2015-04-22 Downgrade Citigroup Inc. Neutral to Sell $111.00 to $95.00
2015-03-23 Initiated Coverage TD Securities Buy $130.00
2015-02-25 Reiterated Rating Canaccord Genuity Buy $129.00
2015-02-25 Reiterated Rating Citigroup Inc. Hold $98.00 to $114.00
2015-02-25 Boost Price Target Credit Suisse Buy $110.00 to $131.00
2015-02-25 Set Price Target RBC Capital Buy $120.00 to $130.00
2015-02-25 Reiterated Rating Miller Tabak Hold $103.00 to $106.00
2015-01-23 Boost Price Target RBC Capital Outperform $115.00 to $120.00
2015-01-22 Downgrade Standpoint Research Buy to Hold
2015-01-21 Downgrade Miller Tabak Buy to Hold $105.00 to $103.00
2014-11-26 Downgrade Bank of America Neutral to Underperform $99.00
2014-11-26 Downgrade Bank of America Corp. Neutral to Underperform $99.00
2014-11-21 Reiterated Rating Citigroup Inc. Hold $86.00 to $101.00
2014-10-27 Reiterated Rating Scotiabank Sector Outperform
2014-10-02 Reiterated Rating Scotiabank Sector Outperform
2014-10-02 Reiterated Rating Citigroup Inc. Neutral $95.00 to $87.00
2014-09-10 Lower Price Target Cowen and Company $100.00 to $88.00
2014-08-11 Lower Price Target Susquehanna $112.00 to $103.00
2014-08-08 Lower Price Target CIBC $112.00 to $108.00
2014-08-08 Lower Price Target Canaccord Genuity $106.00 to $104.00
2014-06-10 Reiterated Rating Scotiabank Sector Outperform
2014-05-30 Initiated Coverage Standpoint Research Accumulate $115.00
2014-05-12 Lower Price Target Susquehanna Positive $115.00 to $112.00
2014-05-09 Lower Price Target Piper Jaffray $102.00 to $100.00
2014-05-08 Reiterated Rating Scotiabank Sector Outperform
2014-05-08 Downgrade Raymond James Outperform to Market Perform
2014-04-09 Reiterated Rating Citigroup Inc. Neutral $95.00 to $94.00
2014-04-03 Downgrade HSBC Overweight to Neutral $105.00
2014-03-19 Initiated Coverage Morgan Stanley Equal Weight
2014-03-17 Upgrade Cowen and Company Underperform to Market Perform
2014-03-10 Reiterated RBC Capital Mkts Outperform $115 to $120
2014-03-10 Boost Price Target RBC Capital Outperform $115.00 to $120.00
2014-03-05 Boost Price Target Barclays Overweight $106.00 to $113.00
2014-02-27 Boost Price Target Susquehanna $110.00 to $115.00
2014-02-21 Upgrade Miller Tabak Hold to Buy
2014-01-31 Downgrade Canaccord Genuity Buy $107.00 to $106.00
2014-01-27 Boost Price Target Barclays Overweight $100.00 to $106.00
2014-01-15 Boost Price Target Canaccord Genuity $103.00 to $107.00
2014-01-09 Downgrade Bank of America Buy to Neutral $96.00
2014-01-06 Boost Price Target Piper Jaffray $94.00 to $102.00
2013-12-04 Initiated Coverage RBC Capital Outperform $115.00
2013-11-21 Initiated Coverage Raymond James Outperform $106.00
2013-11-13 Downgrade BGC Financial Buy to Hold
2013-11-07 Upgrade BMO Capital Markets Market Perform to Outperform $88.00 to $100.00
2013-11-04 Upgrade HSBC Securities Neutral to Overweight $95 to $105
2013-11-04 Upgrade HSBC Neutral to Overweight $95.00 to $105.00
2013-10-10 Reiterated Rating Goldman Sachs Hold $86.00
2013-08-21 Downgrade HSBC Securities Overweight to Neutral $117 to $95
2013-08-05 Downgrade Stifel Buy to Hold
2013-05-10 Reiterated UBS Buy $120 to $113
2013-04-18 Initiated HSBC Securities Overweight $117
2013-04-10 Reiterated RBC Capital Mkts Outperform $120 to $110
2013-02-25 Reiterated UBS Buy $123 to $120
2013-02-25 Reiterated BMO Capital Markets Outperform $123 to $120
2013-02-22 Downgrade Dahlman Rose Buy to Sell
2013-01-29 Reiterated BMO Capital Markets Outperform $114 to $123
2013-01-25 Upgrade Dahlman Rose Hold to Buy $120
2012-08-15 Initiated Barclays Overweight $111
2016-07-07 Boost Price Target Citigroup Inc. Neutral $87.00 to $91.00
2016-06-16 Reiterated Rating Morgan Stanley Hold
2016-06-11 Reiterated Rating Scotiabank Sector Outperform $100.00
2016-06-09 Downgrade Credit Agricole Underperform to Sell $84.00 to $86.00
2016-06-09 Reiterated Rating TD Securities Hold $88.00 to $96.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks

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