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Minerals Technologies Inc   (MTX)
Other Ticker:  
 
 
Price: $71.6100 $-0.92 -1.268%
Day's High: $72.99 Week Perf: 0.65 %
Day's Low: $ 71.36 30 Day Perf: -3.39 %
Volume (M): 185 52 Wk High: $ 90.30
Volume (M$): $ 13,234 52 Wk Avg: $70.74
Open: $72.99 52 Wk Low: $48.61



 Market Capitalization (Millions $) 2,320
 Shares Outstanding (Millions) 32
 Employees 3,583
 Revenues (TTM) (Millions $) 2,147
 Net Income (TTM) (Millions $) 91
 Cash Flow (TTM) (Millions $) 64
 Capital Exp. (TTM) (Millions $) 84

Minerals Technologies Inc

The Specialty Minerals segment produces and sells the synthetic mineral product precipitated calcium carbonate ("PCC") and processed mineral product quicklime ("lime"), and mines mineral ores then processes and sells natural mineral products, primarily limestone and talc. This segments products are used principally in the paper, building materials, paint and coatings, glass, ceramic, polymer, food, automotive and pharmaceutical industries.

The Refractories segment produces and markets monolithic and shaped refractory materials and specialty products, services and application and measurement equipment, and calcium metal and metallurgical wire products. Refractories segment products are primarily used in high-temperature applications in the steel, non-ferrous metal and glass industries.

The Performance Materials segment is a leading supplier of bentonite and bentonite-related products. This segment also supplies chromite and leonardite and operates more than 25 mining or production facilities worldwide.

The Construction Technologies segment provides products for non-residential construction, environmental and infrastructure projects worldwide. It serves customers engaged in a broad range of construction projects, including site remediation, concrete waterproofing for underground structures, liquid containment on projects ranging from landfills to flood control, and drilling applications including foundation, slurry wall, tunneling, water well, and horizontal drilling.

The Energy Services segment provides services to improve the production, costs, compliance, and environmental impact of activities performed in oil and gas industry. This segment offers a range of services for off-shore filtration and well testing to the worldwide oil and gas industry.

The Company currently manufactures several customized PCC product forms using proprietary processes. Each product form is designed to provide optimum balance of paper properties including brightness, opacity, bulk, strength and improved printability. The Companys research and development and technical service staff focuses on expanding sales from its existing and potential new satellite PCC plants as well as developing new technologies for new applications. These technologies include, among others, acid-tolerant ("AT®") PCC, which allows PCC to be introduced to the large wood-containing segment of the printing and writing paper market, OPACARB® PCC, a family of products for paper coating, our FulFill® family of products, a system of high-filler technologies that offers papermakers a variety of efficient, flexible solutions which decrease dependency on natural fibers, and New YieldTM, an innovative technology that converts a paper and pulp mill waste stream into a functional pigment for filling paper.

Uncoated Wood-Free Printing and Writing Papers – North America. Beginning in the mid-1980s, as a result of a concentrated research and development effort, the Companys satellite PCC plants facilitated the conversion of a substantial percentage of North American uncoated wood-free printing and writing paper producers to lower-cost alkaline papermaking technology. The Company estimates that during 2016, more than 90% of North American uncoated wood-free paper was produced employing alkaline technology. Presently, the Company owns and operates 14 commercial satellite PCC plants located at paper mills that produce uncoated wood-free printing and writing papers in North America.

The Company offers a broad range of monolithic and pre-cast refractory products and related systems and services.

The Construction Technologies segment provides products for non-residential construction, environmental and infrastructure projects worldwide. It serves customers engaged in a broad range of construction projects, including site remediation, concrete waterproofing for underground structures, liquid containment on projects ranging from landfills to flood control, and drilling applications including foundation, slurry wall, tunneling, water well, and horizontal drilling.

The Energy Services segment provides services to improve the production, costs, compliance, and environmental impact of activities performed in the oil and gas industry. The composition of customers within this segment varies from year to year and is significantly dependent on the type of activities each customer is undertaking within the year, regulations, and overall dynamics of the oil and gas industry.



   Company Address: 622 Third Avenue New York 10017 NY
   Company Phone Number: 878-1800   Stock Exchange / Ticker: NYSE MTX


Customers Net Income fell by MTX's Customers Net Profit Margin fell to

-18.77 %

9.37 %

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


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
APD        3.29% 
HUN        3.99% 
KWR        5.62% 
DHR        0.3% 
ETN        4.51% 
GPC        2.25% 
• View Complete Report
   



Product Service News

SIVO The Cats Meow in Global Pet Care Minerals Technologies Inc. Unveils a Future-Forward Brand

Published Mon, Sep 16 2024 9:00 PM UTC

In a move that signals its commitment to innovation and growth within the pet care sector, Minerals Technologies Inc. (NYSE: MTX) proudly introduces SIVO??a new brand name aimed at redefining its rapidly expanding global pet care business. Announced on September 16, 2024, the brand launch comes at a time when consumer spending on pets continues to soar, reflecting a broader ...

Dividend

Minerals Technologies Inc. Raises Quarterly Dividend, Demonstrating Strong Financial Performance and Commitment to Shareholder Value

Published Wed, Jul 17 2024 12:40 PM UTC

Minerals Technologies Inc. Announces Increase in Quarterly Dividend, Delighting Shareholders
Minerals Technologies Inc. (MTI), a leading global resource and technology-based company, has recently declared a regular quarterly dividend of $0.10 per share on its common stock. This announcement comes as welcome news to the company's stockholders, who will be receiving the di...

Dividend

Minerals Technologies Inc Signals Commitment to Shareholders with Increased Dividend Payout, but Lags Peers in Basic Materials Sector

Published Wed, May 15 2024 2:08 PM UTC


New York, May 15, 2024 - Minerals Technologies Inc. (MTI) has declared a regular quarterly dividend of $0.10 per share on the Company's common stock. This announcement showcases the company's dedication to rewarding shareholders. The dividend will be payable on June 13, 2024, to stockholders of record as of May 31, 2024.
The decision to boost the dividend is a posit...

Minerals Technologies Inc

Minerals Technologies Inc Reports -2.162% Decrease in Revenue for First Quarter of 2024

Minerals Technologies Inc, a leading provider of mineral-based solutions, recently announced its financial results for the fiscal span from January to March 31, 2024. Despite a decline in revenue, the company managed to raise its earnings per share, indicating a positive outcome for shareholders.
During this period, income per share saw a significant advancement of 26.32%, reaching $1.44 per share. Meanwhile, revenue experienced a minor decline of -2.162%, amounting to $533.90 million. When compared to the previous reporting period, income per share increased from $1.21 per share, and revenue showed a modest growth of 1.637% from $525.30 million.

Stock Market Announcement

Minerals Technologies Inc. Expands Strategic Focus with Sale of Barretts Minerals Inc's Talc Business, Boosting Shareholder Confidence

Published Mon, Apr 29 2024 9:47 PM UTC

Minerals Technologies Inc. Announces Completion of Sale of Subsidiary's Talc Business
Minerals Technologies Inc. made a significant announcement regarding the sale of its subsidiary, Barretts Minerals Inc's talc business. It was revealed that Riverspan Partners has acquired the assets and operations of Barretts Minerals Inc, further solidifying their presence in the indu...







Minerals Technologies Inc's Segments
Consumer & Specialties    52.53 % of total Revenue
Engineered Solutions    47.47 % of total Revenue
Reportable Segments    100 % of total Revenue
Reportable Segments Consumer & Specialties    52.53 % of total Revenue
Reportable Segments Engineered Solutions    47.47 % of total Revenue
Household & Personal Care    23.43 % of total Revenue
Specialty Additives    29.1 % of total Revenue
High-Temperature Technologies    34.13 % of total Revenue
Environmental & Infrastructure    13.34 % of total Revenue
Reportable Consumer & Specialties    52.53 % of total Revenue
Reportable Engineered Solutions    47.47 % of total Revenue





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