NewMarket Corporation (NEU)
Market Cap | 5.02B |
Revenue (ttm) | 2.78B |
Net Income (ttm) | 430.55M |
Shares Out | 9.58M |
EPS (ttm) | 45.05 |
PE Ratio | 11.62 |
Forward PE | n/a |
Dividend | $10.00 (1.91%) |
Ex-Dividend Date | Dec 16, 2024 |
Volume | 51,356 |
Open | 523.68 |
Previous Close | 524.20 |
Day's Range | 521.76 - 535.63 |
52-Week Range | 494.04 - 650.00 |
Beta | 0.51 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Jan 29, 2025 |
About NEU
NewMarket Corporation, through its subsidiaries, primarily engages in the manufacture and sale of petroleum additives. The company offers lubricant additives for use in various vehicle and industrial applications, including engine oils, transmission fluids, off-road powertrain and hydraulic systems, gear oils, hydraulic oils, turbine oils, and other applications where metal-to-metal moving parts are utilized; engine oil additives designed for passenger cars, motorcycles, on and off-road heavy duty commercial equipment, locomotives, and engines ... [Read more]
Financial Performance
In 2023, NewMarket's revenue was $2.70 billion, a decrease of -2.40% compared to the previous year's $2.76 billion. Earnings were $387.53 million, an increase of 39.07%.
Financial StatementsNews
NewMarket Announces the Election of Executive Vice President and General Counsel
RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) (the “Company”) announces today that Bryce D. Jewett III has been elected Executive Vice President and General Counsel, effective Janu...
NewMarket Corporation Authorizes New Share Repurchase Program
RICHMOND, Va.--(BUSINESS WIRE)--The Board of Directors of NewMarket Corporation (NYSE: NEU) (the “Company”) approved a new share repurchase program authorizing management to repurchase up to $500 mill...
NewMarket Corporation Declares Quarterly Dividend
RICHMOND, Va.--(BUSINESS WIRE)--The Board of Directors of NewMarket Corporation (NYSE: NEU) declared a quarterly dividend in the amount of $2.50 per share on the common stock of the Corporation. The d...
NewMarket Corporation (NEU) Q3 2024 Earnings Call Transcript
NewMarket Corporation (NYSE:NEU) Q3 2024 Results Conference Call October 24, 2024 3:00 PM ET Company Participants Bill Skrobacz - VP & CFO Operator Good day, and welcome to the NewMarket Corporation'...
NewMarket Corporation Reports Third Quarter and First Nine Months 2024 Results
RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE:NEU) Chairman and Chief Executive Officer, Thomas E. Gottwald, released the following earnings report of the Company's operations for the th...
NewMarket: Accelerating EBITDA After M&A Completion
NewMarket's strong cash flows and low capex have enabled rapid net debt reduction, despite the all-cash AMPAC acquisition impacting net debt levels. The company reported a net profit of $111.6M in Q2,...
NewMarket Announces the Retirement of Its Vice President and Chief Financial Officer and the Appointment of Successor
RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) (the “Company”) announced today that William J. Skrobacz is stepping down from his role as Vice President and Chief Financial Officer ...
NewMarket Corporation Schedules Conference Call and Webcast to Review Third Quarter 2024 Financial Results
RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) announced today it expects to release third quarter 2024 earnings at the close of business on Wednesday, October 23, 2024. The earning...
NewMarket Corporation (NEU) Q2 2024 Earnings Call Transcript
NewMarket Corporation (NYSE:NEU) Q2 2024 Results Conference Call July 30, 2024 3:00 PM ET Company Participants Bill Skrobacz - IR Operator Good afternoon, everyone. And welcome to the NewMarket Corpo...
NewMarket Corporation Reports Second Quarter and First Half 2024 Results
RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE:NEU) Chairman and Chief Executive Officer, Thomas E. Gottwald, released the following earnings report of the Company's operations for the se...
NewMarket Corporation Schedules Conference Call and Webcast to Review Second Quarter 2024 Financial Results
RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) announced today it expects to release second quarter 2024 earnings at the close of business on Monday, July 29, 2024. The earnings ann...
NewMarket Corporation: Surprisingly Strong Start Of The Year Despite Expensive Acquisition
NewMarket owns Afton Chemical and Ethyl Corp., with strong earnings growth in the first quarter of the year. Operating profit in the specialty materials division was negative due to non-recurring item...
NewMarket Corporation (NEU) Q1 2024 Earnings Call Transcript
NewMarket Corporation (NYSE:NEU) Q1 2024 Earnings Conference Call April 25, 2024 3:00 PM ET Company Participants Bill Skrobacz - Vice President and Chief Financial Officer Conference Call Participant...
NewMarket Corporation Reports First Quarter 2024 Results
RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE:NEU) Chairman and Chief Executive Officer, Thomas E. Gottwald, released the following earnings report of the Company's operations for the fi...
NewMarket Corporation Schedules Conference Call and Webcast to Review First Quarter 2024 Financial Results
RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) announced today it expects to release first quarter 2024 earnings at the close of business on Wednesday, April 24, 2024. The earnings ...
NewMarket Corporation Increases Quarterly Dividend
RICHMOND, Va.--(BUSINESS WIRE)--The Board of Directors of NewMarket Corporation (NYSE: NEU) declared a quarterly dividend in the amount of $2.50 per share on the common stock of the Corporation, an in...
NewMarket Corporation (NEU) Q4 2023 Earnings Call Transcript
NewMarket Corporation (NEU) Q4 2023 Earnings Call Transcript
NewMarket Corporation Reports Fourth Quarter and Full Year 2023 Results
RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE:NEU) Chairman and Chief Executive Officer, Thomas E. Gottwald, released the following earnings report of the Company's operations for the fo...
AE Industrial Partners Completes Sale of American Pacific Corp. to NewMarket Corp. for $700 million
BOCA RATON, Fla.--(BUSINESS WIRE)--AE Industrial Partners, LP (“AEI”), a private equity firm specializing in Aerospace, National Security, and Industrial Services, today announced that affiliates of A...
NewMarket Corporation Completes the Acquisition of AMPAC Intermediate Holdings, LLC
RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) today announced that it has completed the acquisition of AMPAC Intermediate Holdings, LLC, the ultimate parent company of American Pac...
NewMarket Corporation Schedules Conference Call and Webcast to Review Fourth Quarter and Full Year 2023 Financial Results
RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) announced today it expects to release fourth quarter and full year 2023 earnings at the close of business on Wednesday, January 31, 20...
NewMarket Corporation Announces the Acquisition of AMPAC Intermediate Holdings, LLC
RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) today announced its entry into a definitive purchase agreement to acquire AMPAC Intermediate Holdings, LLC, the ultimate parent compan...
NewMarket Announces the Election of Lilo Simmons Ukrop as Director
RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) announced today that Lilo Simmons Ukrop has been elected to the Board of Directors, effective October 26, 2023. Ms. Ukrop received a B...
NewMarket Corporation (NEU) Q3 2023 Earnings Call Transcript
NewMarket Corporation (NYSE:NEU) Q3 2023 Earnings Conference Call October 26, 2023 3:00 PM ET Company Participants Bill Skrobacz - Chief Financial Officer Operator Good day and welcome to the NewMark...