Orion Engineered Carbons S.A. (OEC)

NYSE: OEC · IEX Real-Time Price · USD
24.09
+0.58 (2.47%)
Apr 19, 2024, 4:00 PM EDT - Market closed
2.47%
Market Cap 1.39B
Revenue (ttm) 1.89B
Net Income (ttm) 103.50M
Shares Out 57.90M
EPS (ttm) 1.73
PE Ratio 13.59
Forward PE 10.81
Dividend $0.08 (0.34%)
Ex-Dividend Date Mar 12, 2024
Volume 363,378
Open 23.40
Previous Close 23.51
Day's Range 23.37 - 24.21
52-Week Range 19.32 - 28.48
Beta 1.65
Analysts Buy
Price Target 28.25 (+17.27%)
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 $28.25, which is an increase of 17.27% from the latest price.

Price Target
$28.25
(17.27% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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,...

3 days 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...

10 days 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 ...

6 weeks 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 ...

7 weeks 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 second quarter of 2024 of...

7 weeks 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...

2 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 ...

3 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...

3 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...

4 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...

6 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...

6 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...

6 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 ...

7 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...

7 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...

8 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...

9 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...

11 months 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...

11 months 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...

11 months ago - Business Wire

Orion Engineered Carbons' Board of Directors Authorizes New Share Repurchase Program

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE: OEC), a global specialty chemicals company, today announced that its Board of Directors has approved a new share repurchase program with autho...

1 year ago - Business Wire

Orion Engineered Carbons Reports Record First Quarter Financial Results

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE: OEC), a specialty chemical company, today announced financial results for the first quarter of 2023. First Quarter 2023 Financial Highlights N...

1 year ago - Business Wire

Orion Engineered Carbons Achieves 2022 Emissions Targets for Sustainability-Linked Term Loan

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE: OEC), a global specialty chemicals producer, announced today the company has achieved its 2022 emissions targets in the U.S. and will receive ...

1 year ago - Business Wire