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LSB Industries, Inc.
10/29/2026
Greetings and welcome to the LSB Industries third quarter 2026 earnings conference call. At this time, all participants are in listen-only mode. A question and answer session will follow the formal presentation. You may be placed in the question queue at any time by pressing star 1 on your telephone keypad. As a reminder, this conference is being recorded. If anyone should require operator assistance, please press star 0. It's now my pleasure to turn the call over to Kristy Carver. Senior Vice President and Treasurer. Kristy, please go ahead.
Good morning, everyone. Joining me today are Mark Behrman, our Chairman and Chief Executive Officer, Cheryl Maguire, our Chief Financial Officer, and Damien Renwick, our Chief Commercial Officer. Please note that today's call includes forward-looking statements. These statements are based on the company's current intent, expectations, and projections. They are not guarantees of future performance and a variety of factors could cause the actual results to differ materially. For more information about the risks and uncertainties that could cause actual results to differ materially from those projected or implied by forward-looking statements, please see the risk factors set forth in the company's most recent annual report on Form 10-K and quarterly reports on Form 10-Q. On the call, we will reference non-GAAP results. Please see the press release in the Investors section of our website, lsbindustries.com, and the appendix of the related investor presentation for further information regarding forward-looking statements and reconciliations of non-GAAP results to GAAP results. At this time, I'd like to go ahead and turn the call over to Mark.
Thank you, Kristy, and good morning, everyone. Our teams delivered strong third quarter results supported by strong demand across both our industrial and agricultural businesses and continued execution across the organization. This translated into significant year-over-year growth in adjusted EBITDA and EPS and reflected the progress we are making in overall reliability, efficiency, and product mix optimization. We are pleased to see these operational improvements increasingly reflected in our financial performance. while we continue to advance several growth initiatives that we believe can drive additional earnings and cash flow over the next several years. Last quarter, we assumed full ownership of our Eldorado carbon capture and sequestration project from Lapis Carbon Solutions. Construction of the carbon capture facility is in full swing, and we continue to work closely with the EPA to secure approval of our class six permit. I'll provide additional details about the project later on in the call. As we look to the final quarter of 2026 and into 2027, we remain focused on continuing to improve our plant reliability and increasing production to meet customer demand. We believe these efforts will help us to generate strong free cash flow and increase shareholder value. Now I'll turn over the call to Damien to provide more detail on the commercial environment.
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