Ecovyst

Ecovyst, Inc. engages in the manufacture of specialty catalysts, materials and chemicals. It operates through the following segments: Refining Services, Catalysts and Performance Chemicals. The Refining Services segment offers sulfuric acid, virgin sulfuric acid, Oleum ECO services, sulfuric acid regeneration, aluminum sulfate, treatment services and industrial field services. The Catalysts segment includes zeolites, anti-blocking agents, chemical catalysis, polyolefin supports, chrome catalysts for high-density polyethylene, and polyolefin catalysi. The Performance Chemicals segment supplies personal and industrial cleaning products, fuel-efficient tires, surface coatings, and food and beverage products. The company was founded on August 7, 2015 and is headquartered in Malvern, PA.

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Earnings data Q4 2024

Ecovyst reports robust earnings, eyes growth in sustainability and acquisitions

Ecovyst's strong financial results in Q4 and full-year 2022 demonstrate resilience and growth potential despite challenges.
The company's focus on sustainability, growth in catalyst business, and strategic acquisitions position it well for future expansion.
Challenges from Winter Storm Elliott and tax rate expectations are being addressed proactively by Ecovyst.
Opportunities in sulfuric acid regeneration, Catalyst Technologies, and renewable fuels present avenues for further growth and value creation.

Ecovyst reports Q1 sales decline, maintains guidance amid challenges

Ecovyst faced sales and EBITDA decline in Q1 due to Winter Storm Elliott impact and order timing, but maintained financial discipline and strategic focus.
The company's strengths lie in successful strategy execution, share repurchases, and confidence in full-year guidance, while challenges include leverage reduction and market uncertainties.
Opportunities for growth stem from sustainability initiatives, demand outlook, and liquidity position, positioning Ecovyst for potential recovery and performance enhancement.

Ecovyst reports Q2 growth despite challenges, eyes sustainability and recovery

Ecovyst's Q2 2023 performance saw growth but faced challenges from production constraints and market dynamics. The company remains focused on sustainability and aims for financial strength through capital allocation strategies.

Ecovyst reports Q3 earnings decline, focuses on long-term growth

Ecovyst reports a decline in Q3 sales and adjusted EBITDA, revising full-year guidance to the lower end of the range. Despite challenges, the company remains focused on long-term growth opportunities and adaptability in pricing strategies.

Ecovyst reports robust Q4 earnings, eyes growth amid challenges

Ecovyst's Q4 2023 performance reflects strong financial results and a commitment to sustainability, despite economic uncertainties for 2024.
Strategic strengths in refining, nylon segment expansion, and catalyst growth position the company for continued success.
Challenges in heavy-duty vehicles and operational costs require careful management, while opportunities in new markets and efficiency enhancements offer growth potential.
Overall, Ecovyst's focus on performance, sustainability, and strategic investments sets a positive trajectory for future growth and resilience.

Ecovyst (ECVT) reports strong Q1 earnings and outlines growth strategies

Ecovyst's Q1 performance reflects financial strength and stability, with positive growth indicators and effective debt management.
While facing challenges in certain segments, the company's strategic initiatives and market opportunities position it well for future success.
Overall, Ecovyst's outlook for 2024 appears optimistic, supported by growth prospects in key business areas and a focus on operational efficiency.

Ecovyst exceeds Q2 forecasts, adjusts outlook amid market challenges

Ecovyst revised its 2024 outlook with expected GAAP sales between $700M to $740M and adjusted EBITDA between $230M to $245M. The company took cost reduction actions in response to weaker forecasted demand and refinanced term loans to improve financial flexibility.

Ecovyst reports resilient Q3 earnings, eyes sustainable aviation fuel growth

Ecovyst's Q3 performance was resilient amid challenges, driven by strong demand in key segments. While facing variability in joint venture sales, the company remains optimistic about future growth opportunities, particularly in sustainable aviation fuel.

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Ecovyst's Q3 results were largely stable as we're seeing end-markets start to balance out. Furthermore, management announced a strategic review of their AMC segment, adding a potential value optimization scenario not captured in their price today. At ~$7.5/share, I think investors can earn an attractive FCF-based IRR even if they don't spin off their AMC segment, but this does rest on end-markets largely stabilizing.

Ecovyst: Positive Moves

MALVERN, Pa. , Dec. 2, 2024 /PRNewswire/ -- Ecovyst Inc. (NYSE: ECVT), a leading integrated and innovative global provider of advanced materials, specialty catalysts, sulfuric acid and regeneration services, today announced that its Board of Directors has initiated a strategic review process for its Advanced Materials & Catalysts business ("AM&C").

Ecovyst Announces Strategic Review of its Advanced Materials & Catalysts Business Unit

MALVERN, Pa. , Nov. 20, 2024 /PRNewswire/ -- Ecovyst Inc. (NYSE: ECVT) ("Ecovyst"), a leading integrated and innovative provider of specialty catalysts and services today announced that Nate Connor, Vice President of Finance & Treasurer, will present at the Bank of America Leveraged Finance Conference at 3:30 p.m.

Ecovyst Inc. to Participate in the Bank of America 2024 Leveraged Finance Conference

Launch of new product range aligns with strategy to diversify into emerging applications with high growth potential Buildout of laboratory & manufacturing capabilities and hiring of dedicated resources enables broader partnering with key customers to accelerate growth in 2025+ MALVERN, Pa. , Nov. 13, 2024 /PRNewswire/ -- Ecovyst Inc. (NYSE:  ECVT) ("Ecovyst" or the "Company"), a leading integrated and innovative global provider of advanced materials, specialty catalysts and services, is proud to announce the launch of its AlphaCat® advanced silica products focused on enabling the advancement of biocatalysis.

Ecovyst Announces Launch of AlphaCat® Advanced Silicas Products for Biocatalysis Applications

Ecovyst Inc. (NYSE:ECVT ) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Gene Shiels - Director, Investor Relations Kurt Bitting - Chief Executive Officer Mike Feehan - Chief Financial Officer Conference Call Participants Patrick Cunningham - Citi David Begleiter - Deutsche Bank Aleksey Yefremov - KeyBanc Capital Markets John McNulty - BMO Capital Markets Kevin Estok - Jefferies Hamed Khorsand - BWS Financial Operator Good morning. My name is Jim and I will be your conference operator today.

Ecovyst Inc. (ECVT) Q3 2024 Earnings Call Transcript

Ecovyst (ECVT) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.19 per share a year ago.

Ecovyst (ECVT) Lags Q3 Earnings and Revenue Estimates

MALVERN, Pa. , Oct. 31, 2024 /PRNewswire/ -- Ecovyst Inc. (NYSE: ECVT) ("Ecovyst" or the "Company"), a leading integrated and innovative global provider of advanced materials, specialty catalysts and services, today reported results for the third quarter ended September 30, 2024.

Ecovyst Reports Third Quarter 2024 Results

Ecovyst (ECVT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Ecovyst (ECVT) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

MALVERN, Pa. , Oct. 8, 2024 /PRNewswire/ -- Ecovyst Inc. (NYSE: ECVT), a leading integrated and innovative global provider of advanced materials, specialty catalysts and services, announced today that it will conduct a conference call and audio-only webcast on Thursday, October 31, 2024 at 11:00 a.m.

Ecovyst to Host Third Quarter 2024 Earnings Conference Call and Webcast on Thursday, October 31, 2024 at 11:00 a.m. ET

MALVERN, Pa. , Sept. 10, 2024 /PRNewswire/ -- Ecovyst Inc. (NYSE: ECVT) ("Ecovyst"), a leading integrated and innovative provider of advanced materials, specialty catalysts and services, today announced that Kurt Bitting, Chief Financial Officer of Ecovyst Inc. and Mike Feehan, Chief Financial Officer of Ecovyst Inc, will present at CL King's 22nd Best Ideas Conference from 12:30 to 1:05 p.m.

ECOVYST TO PARTICIPATE IN CL KING'S 22ND ANNUAL BEST IDEAS CONFERENCE 2024

Ecovyst Q2 2024 results were not well-received by the market, with a share price decline of nearly 30% post-earnings. Part of this decline is warranted given the softness they're now seeing from reduced renewable fuels production, a previously material tailwind benefitting results. However, demand on the whole isn't degrading that much. Coupled with long-term trends for most of their EBITDA plus margin growth opportunities, a higher price is justifiable.

Ecovyst: Room For Solid Returns

Ecovyst Inc. (NYSE:ECVT ) Q2 2024 Earnings Conference Call August 1, 2024 11:00 AM ET Company Participants Gene Shiels - Director of Investor Relations Kurt Bitting - Chief Executive Officer Michael Feehan - Chief Financial Officer Conference Call Participants Alex Yefremov - KeyBanc Capital Markets Patrick Cunningham - Citi Laurence Alexander - Jefferies Hamed Khorsand - BWS Financial David Silver - CL King Operator Good morning. My name is Madison [ph] and I will be your conference operator today.

Ecovyst Inc. (ECVT) Q2 2024 Earnings Call Transcript

Ecovyst (ECVT) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.29 per share a year ago.

Ecovyst (ECVT) Misses Q2 Earnings and Revenue Estimates

MALVERN, Pa. , Aug. 1, 2024 /PRNewswire/ -- Ecovyst Inc. (NYSE: ECVT) ("Ecovyst" or the "Company"), a leading integrated and innovative global provider of advanced materials, specialty catalysts and services, today reported results for the second quarter ended June 30, 2024 and updated fiscal 2024 guidance.

Ecovyst Reports Second Quarter 2024 Results

Investment in Pajarito Powder, LLC aligns with Ecovyst's strategy to strengthen and expand our Advanced Materials & Catalysts capabilities into emerging markets Pajarito Powder technology enables the hydrogen economy through supports and catalysts for green hydrogen and fuel cells MALVERN, Pa. , July 25, 2024 /PRNewswire/ -- Ecovyst Inc. (the "Company"), a leading innovative and integrated global provider of advanced materials, specialty catalysts and services, is proud to announce a key equity investment of $4.5 million in Pajarito Powder, an innovative materials science company that specializes in supports and catalysts required for electrolyzers and fuel cells.

Ecovyst Announces Equity Investment in Pajarito Powder, a Hydrogen Catalyst Company

MALVERN, Pa. , July 15, 2024 /PRNewswire/ -- Ecovyst Inc. (NYSE: ECVT), a leading integrated and innovative global provider of advanced materials, specialty catalysts and services, announced today that it will conduct a conference call and audio-only webcast on Thursday, August 1, 2024 at 11:00 a.m.

Ecovyst to Host Second Quarter 2024 Earnings Conference Call and Webcast on Thursday, August 1, 2024 at 11:00 a.m. ET

Ecovyst has seen some market-wide pressures recently, with industrial end-markets affecting their Ecoservices segment and randomness (timing) affecting their Catalyst Tech segment. Over time, I think this is a business that can grow notwithstanding their material leverage to gasoline demand. At the current price under $9/share, a fair value closer to $10 or $11 seems more reasonable, which is likely to be realized should sales stabilize.

Ecovyst: Enticing, Attractively Priced

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MALVERN, Pa. , June 25, 2024 /PRNewswire/ -- Ecovyst Inc. (NYSE: ECVT) ("Ecovyst" or the "company") today announced the release of its 2023 Sustainability Report, "Advancing the Global Shift Toward Sustainability.

Ecovyst Issues 2023 Sustainability Report

MALVERN, Pa. , June 12, 2024 /PRNewswire/ -- Ecovyst Inc. (NYSE: ECVT) ("Ecovyst" or the "Company"), a leading integrated and innovative global provider of advanced materials, specialty catalysts and services, today announced that it has successfully amended and extended its existing senior secured term loan facility (the "Amended Term Loan Facility") in an aggregate principal amount of $873 million at a lower interest rate margin and with an extended maturity.

Ecovyst Successfully Amends and Extends Term Loan Facility

MALVERN, Pa. , May 16, 2024 /PRNewswire/ -- Zeolyst International, an Ecovyst Inc. (NYSE: ECVT) joint venture that is a leading producer of zeolites ("Zeolyst"), is proud to announce the successful commissioning of its new laboratory scale thermal pyrolysis reactor and cutting-edge analytical equipment for advanced recycling of plastic waste applications.

Zeolyst International Announces Start Up of New Laboratory Pyrolysis Reactor for Advanced Recycling of Plastic Waste

Ecovyst Inc. (NYSE:ECVT ) Q1 2024 Results Conference Call May 2, 2024 11:00 AM ET Company Participants Gene Shiels - Director of IR Kurt Bitting - CEO Michael Feehan - CFO Conference Call Participants John McNulty - BMO Capital Markets Alex Yefremov - KeyBanc Capital Markets Patrick Cunningham - Citi Laurence Alexander - Jefferies Hamed Khorsand - BWS Financial Operator Good morning. My name is Madison, and I will be your conference operator today.

Ecovyst Inc. (ECVT) Q1 2024 Earnings Call Transcript

MALVERN, Pa. , May 2, 2024 /PRNewswire/ -- Ecovyst Inc. (NYSE: ECVT) ("Ecovyst" or the "Company"), a leading integrated and innovative global provider of advanced materials, specialty catalysts and services, today reported results for the first quarter ended March 31, 2024.

Ecovyst Reports First Quarter 2024 Results

Ecovyst (ECVT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Ecovyst (ECVT) Earnings Expected to Grow: Should You Buy?

MALVERN, Pa. , April 15, 2024 /PRNewswire/ -- Ecovyst Inc. (NYSE: ECVT), a leading integrated and innovative global provider of advanced materials, specialty catalysts and services, announced today that it will conduct a conference call and audio-only webcast on Thursday, May 2, 2024 at 11:00 a.m.

News for Ecovyst Stock (ECVT)