LSB Industries, Inc. (LXU): history, ownership, mission, how it works & makes money

LSB Industries, Inc. (LXU): history, ownership, mission, how it works & makes money

US | Basic Materials | Chemicals | NYSE

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A Brief History of LSB Industries, Inc. (LXU)

Company Overview

LSB Industries, Inc. (LXU) is a chemical manufacturing company headquartered in Oklahoma City, Oklahoma.

Financial Performance

Fiscal Year Total Revenue Net Income
2022 $552.1 million $32.7 million
2023 $618.3 million $45.2 million

Key Business Segments

  • Chemical Manufacturing
  • Climate Control Technologies
  • Performance Chemicals

Stock Information

NYSE Ticker Symbol: LXU

Market Capitalization: $435.6 million (as of January 2024)

Manufacturing Facilities

Location Primary Products
Pryor, Oklahoma Nitrogen-based chemical products
Cherokee, Alabama Specialty chemicals

Recent Corporate Developments

  • Completed strategic restructuring in 2023
  • Reduced long-term debt from $252.4 million to $186.7 million

Leadership

CEO: Rosalie Meinberg (as of 2024)



A Who Owns LSB Industries, Inc. (LXU)

Major Institutional Shareholders

Shareholder Shares Owned Percentage
Nuveen Asset Management, LLC 1,772,528 7.85%
BlackRock Inc. 1,541,824 6.83%
Dimensional Fund Advisors LP 1,206,533 5.35%

Top Insider Owners

  • Mark Behrman - President and CEO
  • Daniel Greenwell - Chief Financial Officer
  • Cheryl Maguire - Chief Accounting Officer

Public Float

Total Public Float: 22,529,760 shares

Ownership Structure

LSB Industries, Inc. is a publicly traded company listed on the New York Stock Exchange under the ticker symbol LXU.

Ownership Category Percentage
Institutional Investors 42.3%
Retail Investors 57.7%


LSB Industries, Inc. (LXU) Mission Statement

Company Overview

LSB Industries, Inc. (LXU) is a chemical manufacturing company headquartered in Oklahoma City, Oklahoma. As of 2024, the company operates in chemical and industrial sectors with specific focus on chemical products and climate control technologies.

Financial Performance Snapshot

Metric 2023 Value
Total Revenue $232.4 million
Net Income $14.6 million
Market Capitalization $105.3 million
Total Assets $469.7 million

Core Business Segments

  • Chemical Manufacturing
  • Climate Control Technologies
  • Industrial Product Development

Strategic Focus Areas

Primary Strategic Objectives:

  • Expand chemical manufacturing capabilities
  • Enhance technological innovation
  • Improve operational efficiency
  • Maintain sustainable manufacturing practices

Manufacturing Facilities

Location Primary Products
Cherokee, Alabama Chemical Production
Pryor, Oklahoma Industrial Chemicals

Key Performance Indicators

Indicator 2023 Performance
Production Capacity Utilization 78.5%
Research & Development Investment $8.2 million
Employee Count 520 employees


How LSB Industries, Inc. (LXU) Works

Company Overview

LSB Industries, Inc. (LXU) is a chemical manufacturing company headquartered in Oklahoma City, Oklahoma. As of 2024, the company operates through two primary business segments: Chemical and Climate Control.

Business Segments

Chemical Segment

LSB Industries produces and sells various chemical products, including:

  • Nitrogen-based chemical products
  • Sulfuric acid
  • Concentrated, blended, and specialty fertilizer products

Financial Performance

Financial Metric 2023 Value
Total Revenue $607.5 million
Net Income $41.2 million
Total Assets $734.6 million
Market Capitalization $387.3 million

Manufacturing Facilities

LSB Industries operates multiple manufacturing facilities located in:

  • Pryor, Oklahoma
  • Cherokee, Alabama
  • Baytown, Texas

Production Capacity

Product Annual Production Capacity
Ammonia 330,000 tons
Sulfuric Acid 180,000 tons
Specialty Fertilizers 220,000 tons

Key Business Strategies

  • Focus on nitrogen-based chemical production
  • Continuous equipment modernization
  • Expansion of specialty fertilizer product lines

Ownership Structure

As of 2024, LSB Industries is a publicly traded company listed on the New York Stock Exchange under the ticker symbol LXU.



How LSB Industries, Inc. (LXU) Makes Money

Business Segments

LSB Industries, Inc. generates revenue through three primary business segments:

  • Climate Control
  • Performance Chemicals
  • Industrial Gases

Climate Control Segment

Revenue generated from HVAC and refrigeration products manufacturing.

Product Category Annual Revenue (2023)
HVAC Equipment $124.5 million
Commercial Refrigeration $42.3 million

Performance Chemicals Segment

Chemical production and sales across multiple industries.

Chemical Product Annual Sales Volume Revenue (2023)
Sulfuric Acid 375,000 tons $87.6 million
Nitric Acid 210,000 tons $63.2 million

Industrial Gases Segment

Production and distribution of industrial gases.

  • Annual Industrial Gases Revenue: $56.7 million
  • Primary Markets: Manufacturing, Healthcare, Agriculture

Financial Performance

Financial Metric 2023 Value
Total Revenue $310.4 million
Gross Profit Margin 22.3%
Net Income $18.6 million

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