ESSA Industries Forecasts $431 Million Revenue Amid Rising Ammonia Prices
ESSA Industries anticipates a revenue increase to $431 million in 2026, driven by rising ammonia prices projected at $575 per ton. This shift reflects an estimated earnings per share growth of 156%, highlighting the impact of market conditions on financial performance.
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For 2026, ESSA Industries estimates a revenue of $431 million and net income of approximately $103 million, correlating with a projected EPS growth of 156%. The average price of ammonia is expected to rise to $575 per ton, representing a 27.78% increase.
The Batang SAF project, which will have a capacity of 200,000 MTPA, is scheduled for commissioning in Q1 2028. In addition, the Blue Ammonia project is anticipated to secure premium pricing. However, fluctuations in ammonia prices pose a risk to future earnings. The stock price target has been adjusted from 1,000 to 1,200 per share, reflecting a positive outlook driven by production expansion.
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