Cost And Logistics VolatilityPersistent volatility in processing and logistics costs could sustain pressure on realized prices and cash flow, limiting near-term margin recovery.
Operational SetbacksDeferred maintenance resulted in weaker operational performance, raising the risk of production disruption and higher long-term operating costs than previously assumed.
Realized Pricing PressureAverage realized prices have come in below analyst estimates due to elevated processing costs, taxes and logistics, compressing margins and earnings forecasts.