Compass Minerals Intl Inc Common Stock (CMP)
Frequently Asked Questions About Compass Minerals Intl Inc Common Stock (CMP)
Does Compass Minerals have any corporate social responsibility initiatives?
Yes, Compass Minerals engages in several corporate social responsibility (CSR) initiatives aimed at giving back to the communities where it operates. The company focuses on philanthropy, employee volunteering, and partnerships with local organizations, promoting education, safety, and environmental conservation as part of its commitment to responsible corporate citizenship.
How does Compass Minerals ensure product quality?
Compass Minerals ensures product quality through rigorous quality control processes and adherence to industry standards. The company employs advanced technologies and testing methods to monitor the purity and performance of its mineral products, ensuring they meet or exceed customer expectations and regulatory requirements.
How does Compass Minerals handle safety in its operations?
Compass Minerals prioritizes safety in its operations through comprehensive safety training, policies, and practices. The company emphasizes creating a safe work environment for its employees and contractors, continually monitoring and improving safety procedures, effectively engaging workers in safety discussions, and investing in equipment and technology that enhance worker safety.
How does Compass Minerals impact agriculture?
Compass Minerals significantly impacts agriculture by providing essential nutrients through its potassium sulfate and other mineral products. These inputs are crucial for crop health and yield, helping farmers optimize their production and contribute to global food supply. The company's products support sustainable agricultural practices and enhance soil health.
How has Compass Minerals adapted to changing market conditions?
Compass Minerals has adapted to changing market conditions through strategic planning, diversification of product offerings, and market expansion. The company closely monitors industry trends and customer needs, allowing it to pivot its operations and portfolio, ensuring resilience and continued growth amid economic fluctuations.
Is Compass Minerals publicly traded?
Yes, Compass Minerals is publicly traded on the New York Stock Exchange under the ticker symbol CMP. Being a publicly listed company allows it access to capital markets for funding and provides transparency to its investors regarding its financial performance and operations.
What are the financial performance highlights of Compass Minerals?
Compass Minerals has demonstrated solid financial performance, with key highlights including revenue growth, profitability, and consistent dividend payments to shareholders. The company reports its financial results quarterly, providing insights into its sales, expenses, and overall market position, reflecting its ability to adapt to changing economic conditions.
What are the main locations of Compass Minerals' operations?
Compass Minerals operates several production facilities and mines in North America, including locations in Utah, New York, and Canada. The company also has international operations that expand its reach in key mineral markets, thereby enhancing its ability to meet customer needs globally.
What challenges does Compass Minerals face in the industry?
Like many companies in the minerals sector, Compass Minerals faces challenges such as market volatility, regulatory pressures, and environmental concerns. Fluctuations in commodity prices, competition, and changes in agricultural practices can impact demand for its products, prompting the company to innovate and remain responsive to market needs.
What does Compass Minerals International Inc do?
Compass Minerals International Inc is a global leader in essential minerals, primarily focusing on the production of potassium, magnesium, and salt products. The company operates in various markets and serves diverse industries, including agriculture, chemical manufacturing, food processing, and de-icing for winter roads. It is known for its high-quality mineral products, including those used for crop nutrition and road safety.
What is Compass Minerals’ commitment to sustainability?
Compass Minerals is committed to sustainability by implementing practices that minimize environmental impact and promote responsible mineral extraction. The company focuses on reducing waste, conserving energy, and ensuring the safety of its operations. Through innovative practices and regulatory compliance, Compass Minerals aims to balance economic productivity with environmental stewardship.
What is the outlook for Compass Minerals in the coming years?
The outlook for Compass Minerals in the coming years is positive, supported by its strong position in essential minerals, an expanding global footprint, and a commitment to innovation and sustainability. As demand for mineral products grows, especially in agriculture and de-icing, the company is well-positioned to capitalize on emerging opportunities while addressing industry challenges.
What recent acquisitions or expansions has Compass Minerals made?
Compass Minerals has pursued growth through strategic acquisitions and expansions over the years to enhance its operations and product offerings. Information regarding recent acquisitions includes the integration of businesses that complement their core operations and the expansion of their mines and facilities to boost production capacity and improve efficiencies.
What role does innovation play at Compass Minerals?
Innovation is fundamental to Compass Minerals as the company seeks to improve its products, processes, and overall operational efficiency. The company invests in research and development to explore new applications for its minerals, optimize production methods, and develop sustainable practices to meet evolving market demands.
What types of products does Compass Minerals produce?
Compass Minerals produces a variety of essential mineral products, including salt for de-icing roads, potassium sulfate and magnesium products for agriculture, and specialty products for various industrial applications. Their offerings are critical for food production, industrial operations, and maintaining public safety during winter months.
When was Compass Minerals founded?
Compass Minerals was founded in 1993. Since its establishment, the company has grown through acquisitions and expansions, establishing itself as a key player in the minerals industry. Over the years, it has developed a strong portfolio of products and has expanded its operational capabilities worldwide.
Where is Compass Minerals headquartered?
Compass Minerals is headquartered in Overland Park, Kansas, USA. The location serves as the central hub for its operations, allowing the company to efficiently manage its various mining, production, and administrative functions. The headquarters is strategically positioned to support its North American operations and serve global markets.
Who are the key executives at Compass Minerals?
Compass Minerals is led by a team of experienced executives with backgrounds in various industries, including minerals, agriculture, and finance. The leadership team is responsible for guiding the company's strategic direction, financial performance, and operational efficiency. As of 2023, the CEO and other key leaders are actively engaged in enhancing the company’s market position.
Who are the primary customers of Compass Minerals?
The primary customers of Compass Minerals include agricultural producers seeking high-quality fertilizers, municipalities and transportation agencies that require road salt for winter maintenance, and industrial manufacturers that use the company's minerals in various applications. This diverse customer base allows the company to stabilize its revenue streams across different sectors.
What is the current price of Compass Minerals Intl Inc Common Stock?
The current price of Compass Minerals Intl Inc Common Stock is 9.310
When was Compass Minerals Intl Inc Common Stock last traded?
The last trade of Compass Minerals Intl Inc Common Stock was at 6:30 pm EDT on April 2nd, 2025
What is the market capitalization of Compass Minerals Intl Inc Common Stock?
The market capitalization of Compass Minerals Intl Inc Common Stock is 316.90M
How many shares of Compass Minerals Intl Inc Common Stock are outstanding?
Compass Minerals Intl Inc Common Stock has 34.04M shares outstanding.