Orion Engineered Carbons S.A. (OEC)

NYSE: OEC · IEX Real-Time Price · USD
25.46
+0.17 (0.67%)
May 14, 2024, 4:00 PM EDT - Market closed
0.67%
Market Cap 1.48B
Revenue (ttm) 1.90B
Net Income (ttm) 87.90M
Shares Out 58.31M
EPS (ttm) 1.48
PE Ratio 16.94
Forward PE 10.81
Dividend $0.08 (0.33%)
Ex-Dividend Date Jun 11, 2024
Volume 359,972
Open 25.64
Previous Close 25.29
Day's Range 25.42 - 25.80
52-Week Range 19.32 - 28.48
Beta 1.62
Analysts Buy
Price Target 28.50 (+11.94%)
Earnings Date May 2, 2024

About OEC

Orion S.A., together with its subsidiaries, engages in the manufacture and sale of carbon black products. It operates in two segments, Specialty Carbon Black and Rubber Carbon Black. The company offers post-treated specialty carbon black grades for coatings and printing applications; high purity carbon black grades for the fiber industry; and conductive carbon black grades for batteries, polymers, and coatings. It also provides rubber carbon black products for applications in mechanical rubber goods, as well as in tires under the ECORAX brand n... [Read more]

Sector Materials
IPO Date Jul 25, 2014
Employees 1,650
Stock Exchange NYSE
Ticker Symbol OEC
Full Company Profile

Financial Performance

In 2023, OEC's revenue was $1.89 billion, a decrease of -6.75% compared to the previous year's $2.03 billion. Earnings were $103.50 million, a decrease of -2.54%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for OEC stock is "Buy." The 12-month stock price forecast is $28.5, which is an increase of 11.94% from the latest price.

Price Target
$28.5
(11.94% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Orion S.A. Invests to Upgrade Alpha Carbone Facility

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a global specialty chemicals company, announced today it is investing in Alpha Carbone, a French tire recycling company. The partnership will enable A...

1 day ago - Business Wire

Orion S.A. Reports First Quarter 2024 Financial Results

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a specialty chemical company, today announced financial results for period ended March 31, 2024 as follows: Three Months 2024 Highlights Net sales of ...

12 days ago - Business Wire

Orion S.A. Declares Interim Quarterly Dividend

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a specialty chemical company, today announced that its board of directors has declared an interim dividend to be paid in the third quarter of 2024 of ...

19 days ago - Business Wire

Orion S.A. Earns Platinum Sustainability Rating by EcoVadis

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a global specialty chemical company, announced today its 2024 sustainability rating from EcoVadis has been raised from Gold to Platinum, the highest p...

20 days ago - Business Wire

Orion S.A. Announces First Quarter 2024 Earnings Release Date and Conference Call Information

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a specialty chemical company, today announced that the company will release its first quarter 2024 results after the market closes on Thursday, May 2,...

4 weeks ago - Business Wire

Orion S.A. Breaks Ground on Battery Materials Plant in Texas

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a global specialty chemicals company, on Tuesday broke ground on a plant in Texas that will be the only facility in the U.S. producing acetylene-based...

5 weeks ago - Business Wire

Orion S.A. Maintains Gold Sustainability Rating by EcoVadis

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a global specialty chemicals company, announced today it has maintained a Gold medal rating from EcoVadis and ranks among the top 2% of the companies ...

2 months ago - Business Wire

Orion S.A. Announces its 2024 Annual General Meeting Date and Record Date

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE:OEC), a specialty chemical company, today announced that it will hold its 2024 annual general meeting of shareholders on Thursday, June 20, 2024, at 2:00 pm ...

2 months ago - Business Wire

Orion S.A. Announces Financial Results For The Full Year Ended December 31, 2023

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a specialty chemical company, today announced financial results for the full year of 2023. Full Year 2023 Financial Highlights Net sales of $1,893.9 m...

3 months ago - Business Wire

Orion S.A. Completes all Air Emissions Technology Projects and Updates Business Conditions

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a global specialty chemicals producer, announced today it has completed upgrading its air emissions control technology at all four of its U.S. carbon ...

4 months ago - Business Wire

Orion S.A. Announces Full Year 2023 Earnings Release Date and Conference Call Information

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a specialty chemical company, today announced that the company will release its full year and fourth quarter 2023 results after the market closes on W...

4 months ago - Business Wire

Orion S.A. Leads Industry with Four Carbon Black Plants Awarded ISCC PLUS

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a specialty chemical company, announced today a fourth plant has earned International Sustainability and Carbon Certification (ISCC PLUS). The company...

5 months ago - Business Wire

Orion S.A. Reports Nine Month and Third Quarter Financial Results

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a specialty chemical company, today announced financial results for the nine months and the third quarter of 2023. Nine Months 2023 Highlights Net sal...

6 months ago - Business Wire

Orion S.A. Launches PRINTEX® kappa 10, Feeding High Demand Growth in the Lithium-ion Battery Industry

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a global specialty chemicals company, today announced the launch of PRINTEX® kappa 10 – a high-quality conductive additive that will supply surging de...

7 months ago - Business Wire

Orion S.A. Announces Third Quarter 2023 Earnings Release Date and Conference Call Information

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a specialty chemical company, today announced that the company will release its third quarter 2023 results after the market closes on Thursday, Nov. 2...

7 months ago - Business Wire

Orion S.A. Renews Its Revolving Credit Facility

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a specialty chemical company, today announced that it has renewed its senior secured revolving credit facility, which was intentionally reduced from E...

7 months ago - Business Wire

Orion S.A. Opens Battery Innovation Center in Germany

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a global specialty chemicals company, today announced the opening of its Battery Innovation Center in Germany – a major expansion serving the rapidly ...

8 months ago - Business Wire

With German, EU Funding, Orion S.A. Investing €12.8M in Project for Circular Carbon Black

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a global specialty chemicals producer, is investing €12.8 million – including €6.4 million in funding from the German government and the European Unio...

8 months ago - Business Wire

Orion S.A. to Participate in Upcoming Investor Conferences

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a specialty chemicals company, announced today that Chief Executive Officer Corning Painter and Chief Financial Officer Jeff Glajch are scheduled to p...

9 months ago - Business Wire

Orion S.A. Reports Second Quarter Financial Results

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a specialty chemical company, today announced financial results for the second quarter of 2023. Second Quarter 2023 Financial Highlights Net sales of ...

9 months ago - Business Wire

Orion S.A. Releases 2022 Sustainability Report

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a global specialty chemicals company, today released its 2022 Sustainability Report that highlights a variety of initiatives, including launching four...

10 months ago - Business Wire

Orion S.A. Announces Second Quarter 2023 Earnings Release Date and Conference Call Information

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a specialty chemical company, today announced that the company will release its second quarter 2023 results after the market closes on Wednesday, Aug....

10 months ago - Business Wire

Orion to Attend the Wells Fargo Industrials Conference

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a specialty chemical company, today announced that members of its executive management team will attend the Wells Fargo Industrials Conference in Chic...

1 year ago - Business Wire

Orion Declares Interim Quarterly Dividend

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a specialty chemical company, today announced that its board of directors has declared an interim dividend to be paid in the fourth quarter of 2023 of...

1 year ago - Business Wire

Orion Engineered Carbons to Participate in the KeyBank 21st Annual Industrial & Basic Materials Conference

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE: OEC), a specialty chemicals company, announced today that Chief Executive Officer Corning Painter and Chief Financial Officer Jeff Glajch will...

1 year ago - Business Wire