Century Aluminum

Century Aluminum Co. is a producer of aluminum and operates aluminum reduction facilities, or smelters, in the United States and Iceland. Its products include standard ingots, T-ingot, extrusion billet, horizontal direct chill ingot, molten, slab, and sow. The company was founded in 1995 and is headquartered in Chicago, IL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

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Earnings data Q3 2023

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Century Aluminum reports improved Q4 performance and eyes growth opportunities

Century Aluminum navigated market volatility in 2022, showing improvement in Q4 and positive trends in Q1 2023. The company is strategically focused on safety, project completions, and optimizing operations for future growth. Opportunities lie in facility restarts, smelter transactions, and cost improvements.

Century Aluminum reports strong Q1 earnings, eyes growth opportunities

Century Aluminum's Q1 performance reflected market improvements and strategic acquisitions, positioning the company for growth. While facing challenges in demand and operational costs, the company is focused on seizing opportunities in market conditions and cost management strategies.

Century Aluminum reports Q2 Earnings Growth Amid Market Challenges

Century Aluminum's Q2 performance demonstrated resilience with improved EBITDA and operational efficiencies. Despite challenges like adverse weather and market conditions, the company's strategic focus on cost management and operational excellence positions it well for future growth and value creation.

Century Aluminum navigates challenges, eyes gains from efficiency and regulations

Century Aluminum faced challenges in Q3 due to lower LME prices, higher power costs, and production disruptions. Despite this, the company is focusing on cost-saving initiatives and efficiency measures to improve performance. Opportunities lie in potential gains from hedging activities and regulatory benefits, with a strategic focus on optimizing working capital.

Century Aluminum reports solid earnings amidst market challenges and opportunities

Century Aluminum faced challenges from market volatility and weak demand but showed strength in safety improvements and strategic acquisitions. The company anticipates lower EBITDA in Q1 2024 due to pricing changes and operational disruptions. Opportunities lie in potential benefits from antidumping cases and cost management strategies.

Century Aluminum reports strong Q1 earnings amidst market improvements

Century Aluminum's Q1 performance was robust, driven by operational strength and market improvements. Despite challenges from geopolitical factors and maintenance issues, the company is strategically positioned to capitalize on growth opportunities in the aluminum market. With a focus on debt reduction and leveraging tax credits, Century Aluminum aims to enhance financial performance and secure its supply chains.

Century Aluminum reports solid Q3 earnings amidst market challenges

Century Aluminum's Q3 performance showcased resilience amid operational improvements and strategic acquisitions. The company navigated challenges while capitalizing on a robust aluminum market, positioning itself for continued stability and competitiveness.

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But will the higher prices that result actually decrease demand for aluminum?

Trump Reimposes 10% Tariff on Raw Canadian Aluminum

CHICAGO, Aug.  06, 2020  (GLOBE NEWSWIRE) -- President Donald J. Trump today announced the reinstatement of Section 232 aluminum tariffs on Canada in order to stop an unprecedented surge of imports from Canada.  Over the past twelve months, Canada’s imports of unalloyed primary aluminum to the U.S. have increased by over 95%.

Century Aluminum Company Applauds Trump Administration Action to Restore Effectiveness of 232 Tariff Program

Exceptional items hurt Century Aluminum's (CENX) bottom line in Q2.

Century Aluminum (CENX) Q2 Earnings Miss, Sales Decline Y/Y

Century Aluminum Company (CENX) CEO Mike Bless on Q2 2020 Results - Earnings Call Transcript

Century (CENX) delivered earnings and revenue surprises of -137.50% and -28.88%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Century Aluminum (CENX) Reports Q2 Loss, Misses Revenue Estimates

CHICAGO, Aug.  05, 2020  (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ: CENX) today announced its second quarter 2020 results.

Century Aluminum Company Reports Second Quarter 2020 Results

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5 Hot Stocks to Note Following Recent Analyst Upgrades

CHICAGO, July  22, 2020  (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ: CENX) will report second quarter 2020 earnings on Wednesday, August 5, 2020 after the close of market trading. The news release will be issued through GlobeNewswire.

Century Aluminum Sets Date for Second Quarter 2020 Earnings Announcement

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CHICAGO, June  29, 2020  (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ: CENX) (“Century”) today announced that as of 5:00 p.m., New York City time, on June 26, 2020 (the “Expiration Time”), it had received tenders for an aggregate principal amount of $243,690,000 of its 7.500% Senior Secured Notes due 2021 (the “Notes”) pursuant to its previously announced cash tender offer (the “Tender Offer”) for any and all of the aggregate $250,000,000 outstanding principal amount of Notes, which commenced on June 18, 2020.  An additional $3,135,000 aggregate principal amount of Notes were tendered pursuant to the guaranteed delivery procedures described in the Offer to Purchase and the related Notice of Guaranteed Delivery, each dated June 18, 2020, sent to holders of the Notes in connection with the Tender Offer (the “Tender Offer Documents”).

Century Aluminum Company Announces Results Of Its Cash Tender Offer For Its 7.500% Senior Secured Notes Due 2021

Century Aluminum (CENX) plans to use the net proceeds for the purchase of all of its $250-million outstanding principal amount of 7.50% senior secured notes slated to mature in 2021.

Century Aluminum Prices Senior Notes Offerings Worth $250M

CHICAGO, June  18, 2020  (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ: CENX) (“Century”) today announced the pricing of its previously announced private offering of $250,000,000 aggregate principal amount of senior secured notes due 2025 (the “New Notes”). The New Notes will be issued at a price equal to 99.0% of their face value. The New Notes will pay interest semi-annually in arrears on January 1 and July 1 of each year, beginning on January 1, 2021, at a rate of (i) 10.00% per annum in cash and (ii) 2.00% per annum in the form of additional notes or in cash, at Century’s option. The New Notes will mature on July 1, 2025, unless earlier redeemed or repurchased. The sale of the New Notes is expected to close on July 1, 2020, subject to customary closing conditions.

Century Aluminum Company Announces Pricing of $250 Million of Senior Secured Notes

CHICAGO, June  18, 2020  (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ: CENX) (“Century”) today announced the commencement of a cash tender offer (the “Tender Offer”) to purchase any and all of Century’s 7.500% Senior Secured Notes due 2021 (the “Notes”).  The Tender Offer is being made pursuant to an Offer to Purchase dated June 18, 2020 and the related Notice of Guaranteed Delivery.

Century Aluminum Company Announces Cash Tender Offer for its 7.500% Senior Secured Notes Due 2021

CHICAGO, June  18, 2020  (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ: CENX) (“Century”) announced today a proposed offering of $250 million aggregate principal amount of senior secured notes due 2025 (the “New Notes”). Century also announced today that it has commenced a cash tender offer (the “Tender Offer”) for any and all of its $250,000,000 outstanding principal amount of 7.500% Senior Secured Notes due 2021 (the “Existing Notes”). Net proceeds from the sale of the New Notes, together with available cash on hand, will be used to finance the purchase of the Existing Notes in the Tender Offer and the redemption of any Existing Notes not acquired in the Tender Offer, as well as to pay fees and expenses related to the offering of the New Notes.

Century Aluminum Company Announces Proposed Offering of $250 Million of Senior Secured Notes

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Century (CENX) reported earnings 30 days ago. What's next for the stock?

Why Is Century (CENX) Up 37% Since Last Earnings Report?

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As of late, it has definitely been a great time to be an investor in Century Aluminum.

Century Aluminum's Shares March Higher, Can It Continue?

CHICAGO, May  22, 2020  (GLOBE NEWSWIRE) -- Century Aluminum Company ("Century" or the "Company") (NASDAQ: CENX) today announced that, due to the ongoing public health impact of the coronavirus (COVID-19) pandemic and to support the health and well-being of its stockholders, employees, and stakeholders, the Company has decided to hold its 2020 Annual Meeting of Stockholders (“Annual Meeting”) in a virtual-only format. The Company also announced that it was changing the start time to 3:00 p.m. Central Time on Monday, June 8, 2020. Online access to the Annual Meeting will begin at 2:45 p.m. Central Time. Stockholders can participate in the Annual Meeting via a live audio webcast.

Century Aluminum Company Announces Change in Format and Time for 2020 Annual Meeting of Stockholders

Non-cash exception items hurt Century Aluminum's (CENX) bottom line in Q1.

Century Aluminum (CENX) Q1 Earnings & Revenues Beat Estimates

Century Aluminum Company (CENX) CEO Mike Bless on Q1 2020 Results - Earnings Call Transcript

Earnings were better than feared, but not as good as they might have been.

Why Century Aluminum Stock Popped 20% This Morning, Then Gave Most of It Back

Century (CENX) delivered earnings and revenue surprises of 112.50% and 0.49%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

News for Century Aluminum Stock (CENX)