A maker of nitrogen-based chemicals, LSB Industries runs chemical plants that produce ammonia, UAN fertilizer, and nitric acid used by farmers for crops and by miners for explosives. The company began in 1968 as a holding company built around the L&S Bearing Company, an Oklahoma City parts maker that Jack Golsen acquired; its "LSB" name is just those initials. A fun quirk: this fertilizer and chemicals firm got its start rebuilding ball bearings in short supply after World War II.
Q2 2026 net sales were $168 million, up from $151 million in Q2 2025.
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Adjusted EBITDA rose to $53 million from $38 million year-over-year, a ~40% increase.
Diluted EPS was $(0.09) in Q2 2026 versus $0.04 in Q2 2025.
The company announced it assumed full ownership of the El Dorado carbon capture and sequestration project, with total consideration and remaining completion capital estimated at ~$95 million.
The El Dorado CCS project is expected to begin operations in Q1 2027 and generate $25-30 million in annual earnings and cash flow once fully operational.
LSB Industries to assume full ownership of El Dorado carbon capture project from Lapis Carbon Solutions.
Total consideration and remaining completion capital for the project are estimated at approximately $95 million.
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On May 18, 2026, LSB Industries announced it will assume full ownership of the carbon capture and sequestration project at its El Dorado, Arkansas facility.
The project is being taken over from Lapis Carbon Solutions, effective immediately.
Portions of the consideration are contingent on timely achievement of defined project milestones and completion activities.
The disclosure was made under Item 8.01 (Other Events) as an other information item.
LSB Industries stockholders elect three directors, ratify PwC, and approve say-on-pay at 2026 annual meeting.
At the May 21, 2026 annual meeting, stockholders elected Jonathan Z. Ackerman, Diana M. Peninger, and Lynn F. White to three-year board terms expiring in 2029.
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Ackerman received 48,373,376.44 votes for, Peninger 48,253,931.44, and White 45,987,148.44, with 12,505,940.71 broker non-votes for each.
Stockholders ratified PricewaterhouseCoopers LLP as independent auditor for 2026, with 60,696,746.14 votes for and 241,389 against.
The non-binding say-on-pay resolution for named executive officer compensation passed with 48,217,328.06 votes for and 204,866.38 against.
The report was filed under Item 5.07 to disclose the final voting results of these stockholder matters.
5.07 Submission of Matters to a Vote of Security Holders
LSB Industries grants CEO Mark T. Behrman 706,880 RSUs as one-time retention award
The RSUs were granted under the 2025 Long-Term Incentive Plan and are subject to cliff vesting on March 31, 2029, contingent on continued service.
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On April 24, 2026, the Compensation Committee approved a one-time retention grant of 706,880 restricted stock units (RSUs) to Mark T. Behrman, Chairman, President and CEO.
Accelerated vesting occurs upon a Qualifying Separation from Service (termination without cause or resignation for good reason), unless tied to a change in control triggering a lump sum payment.
In case of death or total/permanent disability after a change in control, all RSUs vest immediately; before a change in control, a pro-rata portion vests based on elapsed time.
RSUs earn dividend equivalents, which are paid at settlement and forfeited if the underlying RSUs are forfeited.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements