Nutrien Ltd. (NTR) Q3 2022 Earnings Call Transcript

Nutrien Ltd. (NYSE:NTR) Q3 2022 Earnings Conference Call November 3, 2022 10:00 AM ET

Company Participants

Jeff Holzman - Vice President of Investor Relations

Ken Seitz - President and Chief Executive Officer

Pedro Farah - Chief Financial Officer

Mark Thompson - Chief Commercial Officer

Jeff Tarsi - Executive Vice President and President of Global Retail

Jason Newton - Chief Economist and Head of Market Research

Chris Reynolds - Executive Vice President and President, Potash

Conference Call Participants

Joel Jackson - BMO Capital Markets

Andrew Wong - RBC Capital Markets

Christopher Parkinson - Mizuho Securities

Vincent Andrews - Morgan Stanley

Jacob Bout - CIBC

Ben Isaacson - Scotia Bank

Edlain Rodriguez - Credit Suisse

Steve Byrne - Bank of America

Jeffrey Zekauskas - JPMorgan

P.J. Juvekar - Citi

Steve Hansen - Raymond James

Adam Samuelson - Goldman Sachs

Operator

Good morning, ladies and gentlemen and welcome to the Nutrien 2022 Q3 Earnings Conference Call. At this time, all lines are in listen-only mode. Following the presentation, we will conduct a question-and-answer session. [Operator instructions] This call is being recorded on Friday, November 3, 2022. I would now like to turn the conference over to Mr. Jeff Holzman, Vice President of Investor Relations. Please go ahead.

Jeff Holzman

Thank you, operator. Good morning, and welcome to Nutrien's third quarter 2022 conference call. As we conduct this call, various statements that we make about future expectations, plans and prospects contain forward-looking information. Certain material assumptions were applied in making these conclusions and forecasts. Therefore, actual results could differ materially from those contained in our forward-looking information. Additional information about these factors and assumptions are contained in our current quarterly reports to shareholders as well as our most recent annual report, MD&A and annual information form filed with Canadian and U.S. Securities Commissions. I will now turn the call over to Ken Seitz, President and CEO; and Pedro Farah, our CFO, for opening comments before we take your questions.

Ken Seitz

Good morning and welcome to Nutrien's third quarter earnings call. 2022 has been shaped by geopolitical events that have heightened the world's focus on food and energy security. Nutrien has responded by taking a number of strategic actions that position our company to meet the demands of our customers and deliver superior long-term value for our shareholders. We expect to generate record earnings in 2022. But acknowledge that potash market conditions in the second half of the year have been more volatile than previously anticipated.