Nutrien Financial and Strategic Update
One of the leading global nitrogen suppliers with cost advantaged
assets in North America
Nitrogen Manufactured Sales Volumes1
Millions of Tonnes
12.0
10.7
10.6
10.3
11.0
11.5
10.7
10.3
10.5
2018
2019
$
Nitrogen Focus
Leverage low-cost natural
gas and logistical advantages
2
Kil
2020
2021
2022
2023F
Mid-Cycle³
Advantaged Gas Costs
Annual Average $US/MMBtu
40
AECO
30
30
-Henry Hub
-European Hub
20
20
10
10
Scenario
0
2018
2019
2020
2021
2022
2023 YTD
1.
2.
ESNⓇ volumes not included in 2018-2021 periods, included in 2022, 2023F, and Mid-Cycle Scenario.
Guidance provided in our news release dated November 1, 2023.
3.
Mid-cycle scenario as of August 2, 2023.
4.
As of November 9, 2023.
車
Increase utilization rates
through reliability initiatives.
Completion of in-flight
brownfield projects
Progress decarbonization
initiatives
CO2
10
Source: US EIA, Canadian Gas Price ReporterView entire presentation