ESSA Industries Projects Revenue Growth Amid Rising Ammonia Prices
ESSA Industries anticipates a revenue of $431 million for 2026, with a net income of approximately $103 million, indicating robust EPS growth. The increased ammonia price forecast to $575 per ton highlights the impact of supply chain disruptions.
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ESSA Industries projects a revenue of $431 million and net income around $103 million for 2026, reflecting an estimated EPS growth of 156%. The average ammonia price is expected to rise to $575 per ton, a 27.78% increase due to market disruptions.
The Batang SAF project is set for commissioning in Q1 2028, with a planned capacity of 200,000 MTPA. Additionally, the Blue Ammonia project will provide premium pricing. However, potential declines in ammonia prices could impact future earnings. The stock price target has been adjusted upwards from 1,000 to 1,200 per share, indicating positive long-term outlooks driven by production expansion.
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