Celanese

Celanese Corp. engages in the provision of technology and specialty materials businesses. It operates through the following segments: Engineered Materials, Acetate Tow, Acetyl Chain and Other Activities. The Engineered Materials segment includes the engineered materials business, food ingredients business and certain strategic affiliates. The Acetate Tow segment serves consumer-driven applications and is a global producer and supplier of acetate tow and acetate flake used in filter products applications. The Acetyl Chain segment includes the integrated chain of intermediate chemistry, emulsion polymers and ethylene vinyl acetate (EVA) polymers businesses, based on similar products, production processes, classes of customers and selling and distribution practices as well as economic similarities over a normal business cycle. The Other Activities segment consists of corporate center costs, including administrative activities such as finance, information technology and human resource functions, interest income and expenses associated with financing activities. The company was founded by Camille Dreyfus and Henri Dreyfus in 1918 and is headquartered in Irving, TX.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Celanese reports robust Q4 performance, addresses challenges, eyes growth

Celanese's Q4 performance was strong, with a focus on debt reduction and strategic investments. Challenges in the M&M business are being addressed, while opportunities lie in market dynamics and operational enhancements. The company's clear Lake expansion project and cost-saving initiatives position it for future growth.

Celanese reports solid Q1 performance, eyes market recovery opportunities

Celanese's Q1 earnings call highlighted a strong performance with a focus on market recovery and controllable actions. The company faces challenges in slower demand growth but sees opportunities in market trends and synergies.

Celanese faces China demand challenges but anticipates debt reduction success

Celanese navigated challenges in China and the Acetyl Chain, with signs of price movement up despite lower demand. Sequential improvement is expected in 4Q through cost control and synergies. The company is focused on aggressively lowering debt and diversifying distribution channels for growth.

Celanese reports robust Q3 earnings, targets debt reduction and growth

Celanese's Q3 earnings call highlighted strong performance in key segments, with a focus on earnings growth, debt reduction, and market challenges. The company's strengths include flexibility, synergies, and cost optimization strategies, while facing challenges from demand uncertainties and pricing fluctuations. Opportunities for Celanese include strategic expansions, sustainability initiatives, and debt reduction goals for future growth.

Celanese projects strong 2024 performance with focus on synergies

Celanese is poised for strong performance in 2024 with a focus on cost efficiencies and operational synergies.
The company's strategic strengths lie in projected synergies, margin expansion, and deleveraging efforts.
Challenges include past volume losses and reliability issues, but opportunities exist in market growth and operational enhancements.
Overall, Celanese is strategically positioned to navigate market conditions and drive value creation.

Celanese resilient in Q1 amidst market disruptions and growth opportunities

Celanese navigated market disruptions to maintain strong financial performance.
Focus on synergies, controllable actions, and market conditions to meet guidance.
Opportunities lie in consumer confidence, Clear Lake expansion, and cost efficiencies.
Challenges include pricing pressure, market disruptions, and delayed startups in China.

Celanese projects growth in Q3 and Q4 amidst market challenges

Celanese anticipates stable market conditions and growth opportunities in Q3 and Q4 driven by synergy capture and productivity improvements.
Efforts to resolve acetyls force majeure and mitigate pricing pressures on raw materials are ongoing.
The company is focused on maximizing free cash flow efficiency, reducing debt, and adapting to market dynamics for sustained growth.
Evaluation of divestiture opportunities and maintaining a balanced approach in methanol integration are key strategic considerations.

Celanese disappoints in Q3, plans dividend cut for deleveraging

Celanese faces challenges from macroeconomic headwinds, prompting actions to support deleveraging and enhance profitability. The company's focus on cost reduction, synergies, and project pipeline acceleration aims to drive earnings growth. Clear Lake project and ongoing asset optimization present opportunities for value creation.

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Celanese Corporation's acquisition of DuPont's Materials & Mobility business led to high leverage at a good point in the cycle. Despite initial optimism, Celanese's earnings came down, pushing up leverage ratios a lot. Recent actions to address this include a 95% dividend cut, production idling, and cost-saving measures, but market conditions will ultimately dictate the outcome.

Celanese Corporation: The Pain Of Leverage

NEW YORK, NY / ACCESSWIRE / November 12, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Celanese Corporation ("Celanese Corporation") (NYSE:CE) concerning possible violations of federal securities laws. On November 4, 2024, Celanese issued a press release reporting its financial results for the third quarter of 2024.

CE ALERT- Levi & Korsinsky Has Commenced an Investigation on Behalf of Celanese Corporation Shareholders Who Lost Money

Celanese Corporation (CE) Investors with Losses are Urged to Contact Levi & Korsinsky to Discuss Their Rights

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NEW YORK, NY / ACCESSWIRE / November 11, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Celanese Corporation ("Celanese Corporation") (NYSE:CE) concerning possible violations of federal securities laws. On November 4, 2024, Celanese issued a press release reporting its financial results for the third quarter of 2024.

CE STOCK ALERT: Levi & Korsinsky Notifies Celanese Corporation Investors of an Ongoing Investigation

NEW YORK CITY, NY / ACCESSWIRE / November 11, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Celanese Corporation ("Celanese" or "the Company") (NYSE:CE). Investors who purchased Celanese securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/CE.

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Celanese Corporation (CE) And Encourages Investors to Reach Out

NEW YORK, NY / ACCESSWIRE / November 10, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Celanese Corporation ("Celanese Corporation") (NYSE:CE) concerning possible violations of federal securities laws. On November 4, 2024, Celanese issued a press release reporting its financial results for the third quarter of 2024.

CE ALERT: Levi & Korsinsky Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by Celanese Corporation

Celanese Corporation Investigation Ongoing: Contact Levi & Korsinsky to Discuss Your Rights - CE

NEW YORK CITY, NY / ACCESSWIRE / November 10, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Celanese Corporation ("Celanese" or "the Company") (NYSE:CE). Investors who purchased Celanese securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/CE.

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Celanese Corporation (CE) And Encourages Stockholders to Reach Out

NEW YORK, NY / ACCESSWIRE / November 8, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Celanese Corporation ("Celanese Corporation") (NYSE:CE) concerning possible violations of federal securities laws. On November 4, 2024, Celanese issued a press release reporting its financial results for the third quarter of 2024.

An Investigation Has Commenced on Behalf of Celanese Corporation Shareholders. Contact Levi & Korsinsky to Discuss your CE Losses

Celanese Corporation INVESTIGATION: Levi & Korsinsky Investigates Potential Securities Fraud by Celanese Corporation (CE)

NEW YORK CITY, NY / ACCESSWIRE / November 8, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Celanese Corporation ("Celanese" or "the Company") (NYSE:CE). Investors who purchased Celanese securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/CE.

Bronstein, Gewirtz & Grossman, LLC Is Investigating Celanese Corporation (CE) And Encourages Stockholders to Connect

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NEW YORK CITY, NY / ACCESSWIRE / November 7, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Celanese Corporation ("Celanese" or "the Company") (NYSE:CE). Investors who purchased Celanese securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/CE.

Celanese Corporation (CE) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Stockholders to Contact the Firm to Learn More About the Investigation

NEW YORK CITY, NY / ACCESSWIRE / November 6, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Celanese Corporation ("Celanese" or "the Company") (NYSE:CE). Investors who purchased Celanese securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/CE.

Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Celanese Corporation (CE) and Encourages Stockholders to Learn More About the Investigation

Deutsche Bank analyst David Begleiter upgraded Celanese Corporation CE to Buy from Hold, lowering the price forecast to $110 from $135.

Deutsche Bank Upgrades Celanese Stock: Analyst Highlights Strong Leverage, Long-Term Growth

Shares of Celanese (CE) dropped 26% yesterday. At least one Wall Street analysts says it's time to get back on board.

This Stock Plummeted Yesterday. Deutsche Bank Analysts Say It's Time to Buy

Celanese (CE) was the worst-performing stock in the S&P 500 on Tuesday after the chemicals supplier posted results that were worse than expected, slashed its dividend, and said it would cut production because of falling sales.

Celanese Stock Is the S&P's Worst Performer After the Company Cited 'Demand Weakness'

Celanese Corporation (NYSE:CE ) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Bill Cunningham - VP, IR Lori Ryerkerk - Chairman and CEO Scott Richardson - COO Chuck Kyrish - CFO Conference Call Participants Vincent Andrews - Morgan Stanley Mike Leithead - Barclays Michael Sison - Wells Fargo Jeff Zekauskas - JP Morgan Ghansham Panjabi - Baird Josh Spector - UBS Arun Viswanathan - RBC Capital Markets David Begleiter - Deutsche Bank Aleksey Yefremov - KeyBanc Capital Markets Patrick Cunningham - Citibank Kevin McCarthy - Vertical Research Partners Hassan Ahmed - Alembic Global Matthew Blair - Tudor, Pickering, Holt & Company John Roberts - Mizuho Securities Salvator Tiano - Bank of America Operator Greetings, and welcome to the Celanese Corporation Third Quarter 2024 Earnings Call and Webcast. At this time, all participants are in a listen-only mode.

Celanese Corporation (CE) Q3 2024 Earnings Call Transcript

CE witnesses sustained demand weakness in major end-markets such as paints, coatings and construction in Q3.

Celanese's Q3 Earnings and Revenues Miss Estimates, Decline Y/Y

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Celanese Posts Downbeat Results, Joins Cirrus Logic, Teradata And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

Celanese reported third-quarter adjusted earnings of $2.44 a share on sales of $2.6 billion.

This Materials Stock Is Sinking After the Dividend's Slashed 95%. Here's What's Happening.

While the top- and bottom-line numbers for Celanese (CE) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Celanese (CE) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Celanese (CE) came out with quarterly earnings of $2.44 per share, missing the Zacks Consensus Estimate of $2.84 per share. This compares to earnings of $2.50 per share a year ago.

Celanese (CE) Lags Q3 Earnings and Revenue Estimates

DALLAS--(BUSINESS WIRE)--Celanese Corporation Reports Third Quarter Earnings.

News for Celanese Stock (CE)