Celanese Corporation (CE)
Market Cap | 17.68B |
Revenue (ttm) | 10.94B |
Net Income (ttm) | 1.96B |
Shares Out | 108.91M |
EPS (ttm) | 17.92 |
PE Ratio | 9.06 |
Forward PE | 13.89 |
Dividend | $2.80 (1.73%) |
Ex-Dividend Date | Feb 16, 2024 |
Volume | 1,140,793 |
Open | 161.25 |
Previous Close | 160.05 |
Day's Range | 160.80 - 163.82 |
52-Week Range | 97.12 - 163.82 |
Beta | 1.34 |
Analysts | Hold |
Price Target | 133.06 (-18.02%) |
Earnings Date | May 7, 2024 |
About CE
Celanese Corporation, a chemical and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. It operates through Engineered Materials and Acetyl Chain. The Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics. The Acetyl Chain segment produces and supplies acetyl products, including acetic acid, vinyl acetate monomers, acetic anhydride, ... [Read more]
Financial Performance
In 2023, Celanese's revenue was $10.94 billion, an increase of 13.10% compared to the previous year's $9.67 billion. Earnings were $1.96 billion, an increase of 3.48%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for CE stock is "Hold." The 12-month stock price forecast is $133.06, which is a decrease of -18.02% from the latest price.
News
Celanese Announces Commercial Launch of Glaukos' iDose® TR (Travoprost Intracameral Implant) Using Celanese's VitalDose® Ethylene Vinyl Acetate (EVA)
DALLAS--(BUSINESS WIRE)---- $CE--Celanese Announces Commercial Launch of Glaukos' iDose® TR (Travoprost Intracameral Implant) using Celanese's VitalDose® Ethylene Vinyl Acetate (EVA).
Timothy Go Elected to Celanese Board of Directors
DALLAS--(BUSINESS WIRE)--Timothy Go Elected to Celanese Board of Directors.
Celanese Corporation Reports Full Year 2023 and Fourth Quarter Earnings
DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today reported full year 2023 GAAP diluted earnings per share of $18.00 and adjusted earnin...
Celanese Low-Carbon ECO-CC Products Available Through U.S. Department of Energy Procurement Grant Program
DALLAS--(BUSINESS WIRE)---- $CE--CELANESE LOW-CARBON ECO-CC PRODUCTS AVAILABLE THROUGH U.S. DEPARTMENT OF ENERGY PROCUREMENT GRANT PROGRAM.
Celanese Corporation Declares Quarterly Dividend of $0.70 Per Share
DALLAS--(BUSINESS WIRE)--Celanese Corporation Declares Quarterly Dividend of $0.70 Per Share.
Celanese and Under Armour Develop Innovative New NEOLAST™ Fiber for Use in Performance Stretch Fabrics
DALLAS & BALTIMORE--(BUSINESS WIRE)---- $CE--CELANESE AND UNDER ARMOUR DEVELOP INNOVATIVE NEW NEOLAST™ FIBER FOR USE IN PERFORMANCE STRETCH FABRICS.
Celanese to Hold Fourth Quarter Earnings Conference Call on February 21, 2024
DALLAS--(BUSINESS WIRE)--Celanese To Hold Fourth Quarter Earnings Conference Call on February 21, 2024.
Cognite Announces Beta Launch of Generative AI-Powered Remote Operations Control Room for Celanese Clear Lake Facility
OSLO, Norway & AUSTIN, Texas--(BUSINESS WIRE)--Cognite, a globally recognized leader in industrial software, today announced the beta launch of a generative AI-powered Remote Operations Control Room (...
Celanese Begins Carbon Capture and Utilization Operations at Clear Lake, Texas, Facility
DALLAS--(BUSINESS WIRE)---- $CE--Celanese Begins Carbon Capture and Utilization Operations at Clear Lake, Texas, Facility.
Celanese Corporation Reports Third Quarter 2023 Earnings
DALLAS--(BUSINESS WIRE)--Celanese Corporation Reports Third Quarter 2023 Earnings.
Celanese Announces New Leadership Appointments to Enhance Value Creation
DALLAS--(BUSINESS WIRE)---- $CE--Celanese Announces New Leadership Appointments to Enhance Value Creation.
Ganesh Moorthy Elected to Celanese Board of Directors
DALLAS--(BUSINESS WIRE)---- $CE--Ganesh Moorthy Elected to Celanese Board of Directors.
Celanese to Hold Third Quarter Earnings Conference Call on November 7, 2023
DALLAS--(BUSINESS WIRE)--Celanese to Hold Third Quarter Earnings Conference Call on November 7, 2023.
Celanese Completes the Formation of Nutrinova, a Food Ingredients Joint Venture with Mitsui
DALLAS--(BUSINESS WIRE)---- $CE--Celanese Completes the Formation of Nutrinova, a Food Ingredients Joint Venture with Mitsui.
Celanese Announces Agreement with the Population Council for Sustained Release Dual-API Therapeutic
DALLAS--(BUSINESS WIRE)---- $CE--Celanese Announces Agreement with the Population Council for Sustained Release Dual-API Therapeutic.
Celanese Announces Pricing Terms Of Cash Tender Offer For Certain Celanese US Holdings LLC Debt Securities
DALLAS--(BUSINESS WIRE)--Celanese Announces Pricing Terms Of Cash Tender Offer For Certain Celanese US Holdings LLC Debt Securities.
Celanese Announces Early Results And Upsizing Of Cash Tender Offer Of Certain Celanese US Holdings LLC Debt Securities
DALLAS--(BUSINESS WIRE)--Celanese Announces Early Results And Upsizing Of Cash Tender Offer Of Certain Celanese US Holdings LLC Debt Securities.
Warren Buffett's Berkshire Hathaway bet on 3 homebuilders - and sold and slashed a bunch of stocks last quarter
Warren Buffett's Berkshire Hathaway added a trio of homebuilders to its portfolio last quarter. The investor's company exited three stocks and slashed several of its positions, SEC filings show.
Celanese Corporation Executes Series of Transactions to Extend Debt Maturity Profile and Lower Net Borrowing Rate
DALLAS--(BUSINESS WIRE)--Celanese Corporation Executes Series of Transactions to Extend Debt Maturity Profile and Lower Net Borrowing Rate.
Celanese Announces Cash Tender Offer For Up To $1.75 Billion Aggregate Purchase Price Of Celanese US Holdings LLC's Debt Securities
DALLAS--(BUSINESS WIRE)---- $CE--Celanese Announces Cash Tender Offer For Up To $1.75 billion Aggregate Purchase Price Of Celanese US Holdings LLC's Debt Securities.
Celanese Corporation Reports Second Quarter 2023 Earnings
DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today reported second quarter 2023 GAAP diluted earnings per share of $2.00 and adjusted ea...
Celanese to Hold Second Quarter Earnings Conference Call on August 8, 2023
DALLAS--(BUSINESS WIRE)--CE Q2 2023 Earnings date Press Release - August 2023.
Manufacturing Leadership Council Honors Celanese for its Strategy to Enable ‘Digital Plant of the Future'
DALLAS--(BUSINESS WIRE)---- $CE--Manufacturing Leadership Council Honors Celanese for its Strategy to Enable ‘Digital Plant of the Future'.