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Newmarket Corporation (NYSE: NEU) |
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Price: $885.0000
$-15.15
-1.683%
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| Day's High:
| $905
| Week Perf:
| -1.41 %
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| Day's Low: |
$ 884.89 |
30 Day Perf: |
-0.93 % |
| Volume (M): |
104,873 |
52 Wk High: |
$ 981.66 |
| Volume (M$): |
$ 0 |
52 Wk Avg: |
$745.99 |
| Open: |
$895.20 |
52 Wk Low: |
$580.03 |
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| Market Capitalization (Millions $) |
8,249 |
| Shares
Outstanding (Millions) |
9 |
| Employees |
2,050 |
| Revenues (TTM) (Millions $) |
2,694 |
| Net Income (TTM) (Millions $) |
411 |
| Cash Flow (TTM) (Millions $) |
-45 |
| Capital Exp. (TTM) (Millions $) |
89 |
Business Description
NewMarket Corporation (NewMarket) (NYSE: NEU) is a holding company and is the
parent company of Afton Chemical Corporation (Afton), Ethyl Corporation (Ethyl),
NewMarket Services Corporation (NewMarket Services), and NewMarket Development
Corporation (NewMarket Development).
Each of our subsidiaries manages its own assets and liabilities. Afton manufactures
and sells petroleum additives, while Ethyl represents the sale of tetraethyl
lead (TEL) in North America and certain contracted manufacturing and services.
NewMarket Development manages the property that we own in Virginia. NewMarket
Services provides various administrative services to NewMarket, Afton, Ethyl,
and NewMarket Development. NewMarket Services departmental expenses and other
expenses are billed to each subsidiary pursuant to services agreements between
the companies.
As a specialty chemicals company, Afton develops and manufactures highly formulated
lubricant and fuel additive packages and markets and sells these products worldwide.
Afton is one of the largest lubricant and fuel additives companies in the world.
Lubricant and fuel additives are necessary products for efficient and reliable
operation of vehicles and machinery. From custom-formulated additive packages
to market-general additives, we believe Afton provides customers with products
and solutions that make engines run smoother, machines last longer, and fuels
burn cleaner.
Through an open, flexible, and collaborative style, Afton works closely with
its customers to understand their business and help them meet their goals. This
style has allowed Afton to develop long-term relationships with its customers
in every major region of the world, which Afton serves through eleven manufacturing
facilities across the globe.
With more than 550 employees in research and development, Afton is dedicated
to developing additive formulations that are tailored to our customers’
and the end-users’ specific needs. Afton’s portfolio of technologically-advanced,
value-added products allows it to provide a full range of products, services,
and solutions to its customers.
Ethyl provides contracted manufacturing and services to Afton and to third parties,
and is a marketer of TEL in North America.
NewMarket Development manages the property that we own in Richmond, Virginia
consisting of approximately 57 acres. Our corporate offices are included in
this acreage, as well as a research and testing facility, and several acres
dedicated to other uses. We are currently exploring various development opportunities
for portions of the property as the demand warrants. This effort is ongoing
in nature, as we have no specific timeline for any future developments.
Company Address: 330 South Fourth Street Richmond, 23219 VA
Company Phone Number: 788-5000 Stock Exchange / Ticker: NYSE NEU
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Customers Net Income grew by |
NEU's Customers Net Profit Margin grew to |
27.72 % |
8.2 %
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| Stock Performances by Major Competitors |
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| Dividend
Published Fri, Apr 25 2025 6:55 AM UTC
NewMarket Corporation Boosts Shareholder Confidence with Quarterly Dividend AnnouncementIn a recent announcement that has caught the attention of investors and market analysts alike, NewMarket Corporation (NYSE: NEU) declared a quarterly dividend of $2.75 per share on its common stock. This decision, made by the Board of Directors, exemplifies the company’s ongoing commitm...
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| Dividend
Published Fri, Aug 9 2024 5:10 AM UTC
In a recent announcement, NewMarket Corporation (NYSE: NEU), a Richmond, Virginia-based holding company with subsidiaries including Afton Chemical Corporation and Ethyl Corporation, declared a quarterly dividend of $2.50 per share. This dividend is set to be payable on October 1, 2024, to shareholders of record as of September 16, 2024. This decision comes at a tim...
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| Dividend
Published Thu, Feb 22 2024 10:01 PM UTC
RICHMOND, Va. - NewMarket Corporation (NYSE: NEU), a leading holding company operating through its subsidiaries, has announced an increase in its quarterly dividend on the common stock of the Corporation. The Board of Directors declared a dividend of $2.50 per share, representing a significant 11% increase compared to the previous dividend of $2.25 per share. This decis...
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| Contract
Published Wed, Jan 17 2024 2:00 PM UTC
In a significant move within the aerospace and national security industries, private equity firm AE Industrial Partners, LP (AEI) has successfully finalized the sale of American Pacific Corporation (American Pacific), a leading specialty materials manufacturer, to NewMarket Corporation for a cash deal worth $700 million. This transaction marks an exciting development in the ...
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| Merger and Acquisition
Published Tue, Jan 16 2024 10:01 PM UTC
Breaking News: NewMarket Corporation Completes $700 Million Acquisition of AMPAC, Boosting Market Presence in Aerospace and Defense Industries NewMarket Corporation (NYSE: NEU) has announced the successful completion of its acquisition of AMPAC Intermediate Holdings, LLC, the parent company of American Pacific Corporation (AMPAC), for an estimated $700 million. Based in ...
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Fundamental Analysis
| Per Share |
Current |
| Earnings (TTM) |
43.76 $ |
| Revenues (TTM) |
289.02 $
|
| Cash Flow (TTM) |
- |
| Cash |
7.85 $
|
| Book Value |
185.88 $
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| Dividend (TTM) |
11.5 $ |
| Efficiency
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Current |
| Revenue per Employee
(TTM) |
1,314,117 |
| Net
Income per Employee (TTM) |
200,422 |
| Receivable Turnover Ratio (TTM) |
6.15 |
| Inventory Turnover Ratio (TTM) |
3.7 |
| Asset Turnover Ratio (TTM) |
0.81 |
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| Per Share |
|
| Earnings (TTM) |
43.76 $
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| Revenues (TTM) |
289.02 $ |
| Cash Flow (TTM) |
- |
| Cash |
7.85 $
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| Book Value |
185.88 $ |
| Dividend (TTM) |
11.5 $ |
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| United States |
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38.43 % |
of total Revenue |
| Europe Middle East Africa India |
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30.25 % |
of total Revenue |
| Asia Pacific |
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19.89 % |
of total Revenue |
| Other Foreign |
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11.43 % |
of total Revenue |
| Petroleum Additives |
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91.06 % |
of total Revenue |
| All Other |
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0.26 % |
of total Revenue |
| Specialty Materials |
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8.68 % |
of total Revenue |
| Lubricant additives Petroleum Additives |
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77.82 % |
of total Revenue |
| Fuel additives Petroleum Additives |
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13.24 % |
of total Revenue |
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On July 2 2024 the Newmarket provided following guidance
nnNewMarket Corporation Announces Conference Call and Webcast to Discuss Second Quarter 2024 Financial Resultsnn
nnDetails on Upcoming Financial Guidance and Review Sessionnn
RICHMOND, Va., July 2, 2024 - NewMarket Corporation (NYSE: NEU) has provided an update regarding its financial expectations for the second quarter of 2024. The company has scheduled the release of its earnings report at the close of business on Monday, July 29, 2024.
Stakeholders and interested parties will be able to access the earnings announcement on the company’s official website, www.NewMarket.com, starting the following day, Tuesday, July 30, 2024.
In addition, NewMarket Corporation has arranged a com...
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