NewMarket Corporation (NEU)

NYSE: NEU · Real-Time Price · USD
523.64
-0.56 (-0.11%)
Dec 20, 2024, 4:00 PM EST - Market closed
-0.11%
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]

Sector Materials
Founded 1887
Employees 2,000
Stock Exchange NYSE
Ticker Symbol NEU
Full Company Profile

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 Statements

News

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...

5 days ago - Business Wire

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...

9 days ago - Business Wire

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...

2 months ago - Business Wire

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'...

2 months ago - Seeking Alpha

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...

2 months ago - Business Wire

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,...

2 months ago - Seeking Alpha

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 ...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

5 months ago - Seeking Alpha

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...

5 months ago - Business Wire

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...

6 months ago - Business Wire

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...

6 months ago - Seeking Alpha

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...

8 months ago - Seeking Alpha

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...

8 months ago - Business Wire

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 ...

9 months ago - Business Wire

39 Upcoming Dividend Increases Including 2 Dividend Kings

Thirty-nine companies, including Coca-Cola and Telephone and Data Systems, are raising their dividends.

10 months ago - Seeking Alpha

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...

10 months ago - Business Wire

NewMarket Corporation (NEU) Q4 2023 Earnings Call Transcript

NewMarket Corporation (NEU) Q4 2023 Earnings Call Transcript

11 months ago - Seeking Alpha

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...

11 months ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Seeking Alpha