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CF Industries (CF) surged 76.78% year-to-date to $129.49 as Middle East conflict tightened global nitrogen supply, with European ammonia capacity down 20% and the company posting full-year revenue of $7.08B (up 19.34% year-over-year) and Q4 gross margin expanding to 40.9%. Exxon Mobil (XOM) is partnering with CF on the Yazoo City carbon capture project targeting 2028 startup for low-carbon ammonia production.
Escalating Iran tension…