CF · 8-K · 20260805PR000017

European Natural Gas Pressure

CF Industries Holdings, Inc. · 2026-08-05 · Importance 23 · Surprise 24

European natural gas prices increased significantly in recent months because of liquefied natural gas supply uncertainty, persistent heat waves, and gas storage levels below the five-year average. CF Industries expects current gas prices to further pressure marginal European nitrogen production. The company believes this will support the global clearing price required to meet nitrogen demand.

Key facts

• European natural gas prices have increased significantly in recent months due to liquefied natural gas supply uncertainty, persistent heat waves, and gas storage levels below the five-year average, pressuring marginal European nitrogen production source