CSIMarket
 
Albemarle Corporation  (ALB)
Other Ticker:  
 
 
Price: $99.2150 $-1.36 -1.347%
Day's High: $100.24 Week Perf: 3.87 %
Day's Low: $ 99.12 30 Day Perf: -5.03 %
Volume (M): 70 52 Wk High: $ 153.54
Volume (M$): $ 6,923 52 Wk Avg: $111.70
Open: $99.50 52 Wk Low: $71.97



 Market Capitalization (Millions $) 11,661
 Shares Outstanding (Millions) 118
 Employees 7,400
 Revenues (TTM) (Millions $) 7,458
 Net Income (TTM) (Millions $) -443
 Cash Flow (TTM) (Millions $) 230
 Capital Exp. (TTM) (Millions $) 2,257

Albemarle Corporation
Albemarle Corporation is a prominent global developer, manufacturer, and marketer of highly-engineered specialty chemicals that cater to a diverse array of end markets. The company is recognized for its extensive expertise in specialty chemicals, leveraging its advanced capabilities to meet the needs of various industries. Key sectors served by Albemarle include:

- Petroleum Refining: Offering solutions that enhance the efficiency and effectiveness of refining processes.
- Consumer Electronics: Providing materials that improve product performance and durability.
- Energy Storage: Focusing significantly on lithium compounds that are vital for batteries in consumer electronics and electric vehicles.
- Construction: Supplying chemical solutions that enhance construction materials.
- Automotive: Delivering specialty materials used in vehicle manufacturing and performance enhancement.
- Lubricants: Developing advanced materials for lubricating products that improve efficiency and longevity.
- Pharmaceuticals: Supplying key ingredients and intermediates that are integral to drug manufacturing.
- Crop Protection: Offering chemicals that protect crops and enhance agricultural productivity.
- Food Safety: Providing products that help ensure food safety and quality.
- Custom Chemistry Services: Collaborating with customers to develop tailored chemical solutions.

Albemarle operates through several key business segments:

1. Lithium and Advanced Materials: This segment focuses on the development and manufacturing of a comprehensive range of lithium compounds including lithium carbonate, lithium hydroxide, lithium chloride, and various lithium specialties such as butyllithium and lithium aluminum hydride. These materials are crucial for applications in lithium batteries for both consumer electronics and electric vehicles, high-performance greases, and catalysts for chemical reactions. The lithium segment also extends to other critical applications in the life sciences and pharmaceutical industries.

2. Bromine Specialties: This segment develops a wide range of bromine-based products used in various applications, including flame retardants, biocides, and other specialty applications. The companys expertise in bromine chemistry allows for diverse applications across several industries.

3. Refining Solutions: Albemarle provides a portfolio of solutions aimed at improving operational efficiency and effectiveness in petroleum refining, further solidifying its presence in the energy sector.

Each segment of Albemarle is supported by dedicated teams specializing in sales, research and development, process engineering, manufacturing, and sourcing. This organizational structure allows for increased accountability and a focused approach to market responsiveness and strategic execution.

Albemarles strategic advantages include its global manufacturing flexibility, cost-effective production capabilities, and well-experienced management team, which collectively foster innovation and technical expertise. This approach positions the company favorably within the specialty chemicals industry, allowing it to maintain a leading market position across its diverse segments.


   Company Address: 4250 Congress Street, Suite 900 Charlotte 28209 NC
   Company Phone Number: 299-5700   Stock Exchange / Ticker: NYSE ALB


Customers Net Income grew by ALB's Customers Net Profit Margin grew to

62.46 %

12.99 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
ASIX        5.04% 
AVNT   -4.68%    
DD   -1.91%    
DOW   -3.09%    
EMN   -4.04%    
CC        12.52% 
• View Complete Report
   



Stocks on the Move

Albemarle Corporation Behind the Recent Pullback in Shares and the Road Ahead

Published Fri, Jul 19 2024 8:38 PM UTC

Over the last three months, Albemarle Corporation shares have experienced a decline, underperforming the overall market. Despite its position as a leader in the industry, the company has faced challenges in matching the performance of its competitors and customers. This article will analyze recent events and market conditions that have played a role in Albemarle's share perf...

Stocks on the Move

Albemarle Corporation Faces Multiple Challenges in the First Half of 2024

Published Tue, Jul 16 2024 5:59 PM UTC

Albemarle Corporation, a prominent player in the lithium industry, has encountered several obstacles that have impacted its stock performance in the first half of 2024. From the rising price of lithium to market volatility and investor sentiment, Albemarle has faced significant headwinds. This article highlights the key events and factors that have contributed to the slump i...

Stocks on the Move

Albemarle Corporation Faces Market Challenges Despite Positive Analyst Perspectives

Published Tue, Jul 9 2024 3:36 PM UTC

In recent months, Albemarle Corporation (ALB) has been experiencing a slight decline in its market performance compared to its competitors. While the broader market has seen a significant rise, Albemarle's shares have lacked the same level of growth. This article aims to explore the factors behind this performance and the implications for the company.According to the CSIMark...

Stocks on the Move

Albemarle Corporation Navigating Challenges and Shaping the Future

Published Wed, Jul 3 2024 5:36 PM UTC

Albemarle Corporation, a leading global producer of specialty chemicals, has recently faced a series of events that have impacted its performance and market perception. From fluctuations in stock performance to legal battles and sustainability reports, Albemarle has shown resilience and determination in overcoming challenges while focusing on its long-term growth strategies....

Stocks on the Move

Albemarle Corporation Faces Performance Challenges Amidst Evolving Market Dynamics

Published Tue, Jul 2 2024 2:23 PM UTC

Albemarle Corporation, a global leader in the production of basic materials, has recently witnessed a slowdown in its performance, trailing behind the overall market trends. This article aims to provide an analysis of the events leading up to Albemarle Corporation's underperformance, including the impact of notable news articles and the company's financial indicators. With ...







Albemarle's Segments
Reportable Segments Energy Storage    58.03 % of total Revenue
Reportable Segments Specialties    23.39 % of total Revenue
Reportable Segments Ketjen    18.57 % of total Revenue
Reportable Energy Storage    58.03 % of total Revenue
Reportable Specialties    23.39 % of total Revenue
Reportable Ketjen    18.57 % of total Revenue





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