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Stock impact report

CEOs prepare for life after the coronavirus outbreak [Toronto Globe and Mail (Ontario, Canada)]

Nutrien Ltd. Common Shares (NTR) 
Last nutrien ltd. common shares earnings: 2/18 05:24 pm Check Earnings Report
US:NYSE Investor Relations: nutrien.com/investors
CEOs prepare for life after the coronavirus outbreak Oil patch chief executive Andrew Phillips spoke for CEOs across the country on Monday when he set out plans to aggressively build his business, once the COVID-19 pandemic is under control. Mr. Phillips, head of Calgary-based PrairieSky Royalty Ltd., announced plans to cut his company’s dividend by 55 per cent in order to grow its war chest by about $100-million a year – cash that is earmarked for potential acquisitions. PrairieSky puts capital into energy companies by purchasing their properties, then earning fees when producers tap that land for oil and gas. The company is debt-free and has ties to all the major Canadian energy players, and Mr. Phillips said PrairieSky is already in talks on potential deals, as the strong prepare to acquire weaker rivals battered by both a health crisis and an oil price war. Corporate leaders are balancing dual agendas these days. Their first priority is ensuring employees are safe and their busine Show less Read more
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