Tronox

Tronox Holdings Plc engages in the mining and inorganic chemical business. Its products include Titanium Dioxide Mineral Sands. The firm also mines and processes titanium ore, zircon and other minerals, and manufactures titanium dioxide pigments. The company was founded in 2006 and is headquartered in Stamford, CT.

Earnings data Q1 2021

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Earnings data Q4 2024

Tronox reports resilient 2022 earnings, eyes growth through sustainability

Tronox navigated market challenges to achieve strong financial performance in 2022, focusing on sustainability and cost optimization.
Despite cost impacts and volume declines, Tronox remains resilient, returning value to shareholders and eyeing revenue growth opportunities.
The company's strategic initiatives in sustainability, rare earth exploration, and market expansion position it for long-term success.
Tronox's proactive approach to managing costs, working capital, and market dynamics underscores its commitment to financial stability.

Tronox surpasses Q1 expectations, eyes growth in pigment sales

Tronox's Q1 results exceeded expectations, driven by volume growth and improved pricing. The company faces challenges from production costs and inflation but is strategically positioned to capitalize on growth opportunities in pigment sales and rare earth production.

Tronox exceeds Q2 expectations, maintains resilience amid market challenges

Tronox's Q2 performance was strong, with revenue improvement and solid margins. Despite market challenges, the company remains optimistic about its long-term prospects. Tronox is focused on sustainability, cost reduction, and navigating industry downturns with resilience.

Tronox faces revenue decline and operational challenges in Q3

Tronox's Q3 performance saw revenue decline, a net loss, and challenges in pricing and demand. Despite operational hurdles, the company's sustainability initiatives and strategic inventory management are strengths. Opportunities lie in cost improvements, inventory monetization, and competitive pricing strategies.

Tronox reports revenue growth amidst challenges, eyes sustainability for growth

Tronox's Q4 2023 performance showed revenue growth despite challenges, with a focus on sustainability and operational improvements for future growth.
The company faces challenges in sales volumes, pricing, and high debt levels, but opportunities in market trends and capital projects offer growth potential.
Maintaining liquidity, positive free cash flow, and addressing operational hurdles are key priorities for Tronox in navigating 2024.
Overall, Tronox's strategic focus on sustainability, operational efficiency, and market opportunities positions it for growth and margin improvement.

Tronox surpasses Q1 expectations, eyes growth in rare earths

Tronox's Q1 performance exceeded expectations, driven by revenue growth, cost efficiencies, and volume increases. While facing challenges in pricing and inventory management, the company is strategically positioned to capitalize on opportunities for growth and sustainability. With a focus on debt reduction and operational enhancements, Tronox aims for a positive financial trajectory in 2024.

Tronox reports solid Q2 performance amidst volume challenges and investigations

Tronox delivered a strong performance in Q2 2024 with revenue growth, improved TiO2 volumes, and solid margins.
The company faces challenges ahead with projected declines in volumes and potential impacts from anti-dumping investigations.
Strategic capital allocation priorities and sustainability initiatives position Tronox well for future growth and value creation.
Maintaining financial discipline amidst market uncertainties will be crucial for sustaining profitability and shareholder returns.

Tronox reports mixed Q3 results, eyes production efficiency for growth

Tronox faced challenges with volume declines in TiO2 and zircon but showed strength in revenue growth and financial stability.
The company needs to address weaker demand in China and navigate higher seasonal demand declines in key regions.
Opportunities lie in optimizing production efficiency, exploring growth in other regions, and capitalizing on future demand increases.

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America is upping its game in rare earth production, which calls for keeping a track on stocks like BHP Group (BHP), Materion (MTRN), Tronox (TROX), MP Materials (MP) & Freeport-McMoRan (FCX).

US Takes to Bulk Up Rare Earth Production: 5 Stocks to Track

STAMFORD, Conn., July 12, 2021 /PRNewswire/ -- Tronox Holdings plc (NYSE: TROX) announced today the following schedule for its second quarter 2021 earnings release and webcast conference call: Earnings Release: Wednesday, July 28, 2021, after the market close via PR Newswire and the Tronox Holdings plc website: tronox.com Webcast Conference Call: Thursday, July 29, 2021, at 8:00 a.m.

Tronox Announces Dates For Second Quarter 2021 Earnings Release & Webcast Conference Call

Tronox is a major producer of titaniumdioxide, and is currently benefiting from an upcycle. The share price already doubled, but the stock is still trading at less than 7X this year's EBITDA, and about 5.5 times next year's EBITDA.

Tronox Share Price Has Doubled, But Still Isn't Expensive With An EV/EBITDA Of 5.5 For Next Year

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The May reading showed higher production on a monthly comparison basis across all regions, reflecting restoration of capacity following the devastating winter storm in the U.S. Gulf Coast.

US Chemical Output Spikes As Recovery Continues Post Winter Storm

Does Tronox (TROX) have what it takes to be a top stock pick for momentum investors? Let's find out.

Tronox (TROX) is a Great Momentum Stock: Should You Buy?

As America pushes toward achieving net-zero emission, the focus is on rare earth stocks like MP Materials (MP), Tronox (TROX), Materion Corp (MTRN), Freeport-McMoRan (FCX) & BHP Group (BHP)

5 Stocks to Watch as Rare Earth Exposure Rises in America

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As of late, it has definitely been a great time to be an investor of Tronox Holdings (TROX)

Will Tronox Holdings (TROX) Continue to Surge Higher?

Tronox Holdings plc (TROX) CEO John Romano on Q1 2021 Results - Earnings Call Transcript

Tronox (TROX) delivered earnings and revenue surprises of 59.26% and 6.41%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Tronox (TROX) Q1 Earnings and Revenues Surpass Estimates

Shares of Tronox Holdings (NYSE:TROX) rose in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 48.28% over the past year to $0.43, which beat the estimate of $0.28.

Tronox Holdings: Q1 Earnings Insights

STAMFORD, Conn., Apr. 28, 2021 /PRNewswire/ -- First Quarter 2021 Financial Highlights: Record revenue of $891 million increased 14 percent sequentially, driven primarily by double-digit growth in both TiO2 and zircon volumes and 3 percent higher TiO2 average selling prices Income from operations of $125 million; Net income of $26 million GAAP diluted income per share of $0.12; Adjusted diluted EPS of $0.43 (Non-GAAP); the difference is primarily due to costs associated with the Q1 debt refinancing transactions and the break fee associated with the TiZir Titanium and Iron ("TTI") transaction Adjusted EBITDA of $225 million, ahead of guidance; Adjusted EBITDA margin of 25 percent (Non-GAAP); sequential improvement driven by TiO2 and zircon sales volumes, and TiO2 selling prices, offset by unfavorable exchange rates and increased pigment costs, as projected TiO2 sales volumes increased 15 percent sequentially, at the top end of the guided range, driven by global demand strength led by growth in Europe and Asia Pacific; TiO2 average selling prices increased 3 percent sequentially, with price increases implemented in all regions Zircon sales volumes increased 30 percent sequentially as a result of stronger than expected market growth, particularly in China, while selling prices remained level Feedstock and other products sales decreased 29 percent sequentially, primarily due to the conclusion in the fourth quarter of 2020 of the mandated chloride slag sales per the Federal Trade Commission ("FTC") consent order relating to the Cristal acquisition Strong Financial Position and Cash Flow: $400 million debt repayments made by the end of April, $100 million higher than previously announced Tronox refinanced its term loan and issued new unsecured notes to fully refinance the existing unsecured notes both lowering coupons and extending maturities After the redemption of our $450 million 5.75% Senior Notes due 2025 on April 1, 2021, total available liquidity was $740 million, including $302 million in cash and cash equivalents and $438 million available under revolving credit facilities and total debt balance was $3.0 billion Net debt to trailing-twelve month Adjusted EBITDA was 3.8x Expected to reduce cash interest by approximately $20 million in 2021 and approximately $30 million in 2022 Extended maturities to 2028 for the new term loan and 2029 for the new senior notes Generated $77 million in free cash flow in the first quarter after investing $58 million in capital expenditures Second Quarter Outlook: TiO2 sales volumes expected to increase in the low- to mid-single digit percent range over record-breaking first quarter levels  Zircon sales volumes expected to remain elevated above 2019 and 2020 quarterly volume levels, though off of first quarter peak TiO2 and zircon prices expected to increase as regional price initiatives progress Adjusted EBITDA outlook of $225-$240 million ------ Note: For the Company's guidance with respect to second quarter 2021 Adjusted EBITDA, we are not able to provide without unreasonable effort the most directly comparable GAAP financial measure, or reconciliation to such GAAP financial measure, because certain items that impact such measures are uncertain, out of the Company's control or cannot be reasonably predicted.

Tronox Reports First Quarter 2021 Financial Results

On Wednesday, April 28, Tronox Holdings (NYSE:TROX) will release its latest earnings report. Benzinga's outlook for Tronox Holdings is included in the following report.

A Preview Of Tronox Holdings's Earnings

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Not every stock is ridiculously expensive right now.

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Tronox Holdings saw its share price increase by about 70% in the past six months. This doesn't make the company expensive as the share price performance is backed by improving financials.

Tronox Holdings Had A Good Run, But Is Still Trading At Just 7X EBITDA

Tronox Holdings is a vertically integrated producer of titanium dioxide & inorganic chemicals used to add brightness and durability to paints, plastics, paper, and other consumer goods.

Tronox Holdings Momentous Run Likely To Continue

STAMFORD, Conn., April 14, 2021 /PRNewswire/ -- Tronox Holdings plc (NYSE: TROX) announced today the following schedule for its first quarter 2021 earnings release and webcast conference call: Earnings Release: Wednesday, April 28, 2021, after the market close via PR Newswire and the Tronox Holdings plc website: tronox.com Webcast Conference Call: Thursday, April 29, 2021, at 8:00 a.m.

Tronox Announces Dates For First Quarter 2021 Earnings Release & Webcast Conference Call

STAMFORD, Conn., March 18, 2021 /PRNewswire/ -- Tronox Holdings plc (NYSE:TROX) ("Tronox" or the "Company"), a leading integrated manufacturer of titanium dioxide pigment, today announced that its Board of Directors (the "Board") appointed John D.

Tronox Appoints John D. Romano and Jean-François Turgeon co-Chief Executive Officers

STAMFORD, Conn., March 15, 2021 /PRNewswire/ -- Tronox Holdings plc (NYSE: TROX; the "Company") today announced that it completed its offering by its wholly owned subsidiary, Tronox Incorporated (the "Issuer"), of 4.625 percent Senior Notes due 2029 for an aggregate principal amount of $1,075 million, the net proceeds of which, along with cash on hand, will be used to fund the redemption in full of the Issuer's outstanding $615 million aggregate principal amount of 6.500 percent senior notes due 2026 and the redemption in full of Tronox Finance plc's outstanding $450 million aggregate principal amount of 5.750 percent senior notes due 2025.

Tronox Completes Senior Notes Offering and Announces Closing of New Credit Facilities

Tronox Holdings is making the most of a strong recovery in a key end market.

Why This Little-Known Stock Shot Up 19.5% and Hit a 52-Week High in February

STAMFORD, Conn., March 1, 2021 /PRNewswire/ -- Tronox Holdings plc (NYSE: TROX; the "Company") today announced that Tronox Incorporated (the "Issuer"), a wholly owned subsidiary of the Company, has priced its upsized offering of $1,075 million aggregate principal amount of 4.625 percent...

Tronox Announces Upsizing to and Pricing of $1,075 Million Aggregate Principal Amount of 4.625 Percent Senior Notes

STAMFORD, Conn., March 1, 2021 /PRNewswire/ -- Tronox Holdings plc (NYSE: TROX) ("Tronox" or the "Company") today announced that Tronox Incorporated (the "Issuer"), a wholly owned subsidiary of the Company, intends to offer, subject to market and other considerations, $625 million...

Tronox Announces Proposed Offering of Senior Notes

STAMFORD, Conn., Feb. 24, 2021 /PRNewswire/ -- Tronox Holdings plc (NYSE:TROX) ("Tronox" or the "Company"), announced today that the previously announced underwritten registered offering by Exxaro Resources Limited (the "selling shareholder") was upsized to 19,108,970 ordinary shares of...

Tronox Announces the Pricing of an Upsized Secondary Public Offering by Exxaro Resources Limited

STAMFORD, Conn., Feb. 23, 2021 /PRNewswire/ -- Tronox Holdings plc (NYSE: TROX) ("Tronox" or the "Company"), a leading integrated manufacturer of titanium dioxide pigment, announced today that Exxaro Resources Limited (the "selling shareholder") intends to offer for sale 17,000,000 shares...

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