Minerals Technologies

Minerals Technologies, Inc. is a resource and technology-based company. It develops, produces, and markets a range of mineral, mineral-based, and synthetic mineral products. It operates through the following four segments: Performance Materials, Specialty Minerals, Refractories and Energy Services. The Performance Materials segment supplies bentonite and bentonite-related products, chromite and leonardite. The Specialty Minerals segment produces and sells the synthetic mineral product precipitated calcium carbonate and processed mineral product quicklime, and mines mineral ores then processes and sells natural mineral products, primarily limestone and talc. The Refractories segment produces monolithic and shaped refractory materials and products, and also provides services and sells application and measurement equipment, and calcium metal and metallurgical wire products. The Energy Services segment provides services to improve the production, costs, compliance, and environmental impact of activities performed in oil & gas industry. The company was founded on February 19, 1968 and is headquartered in New York, NY.

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Minerals Technologies (MTX) overcomes challenges, eyes growth in 2023

Minerals Technologies (MTX) faced challenges but showed resilience and growth in Q4 2022, with a strong outlook for Q1 2023.
The company's reorganization, pricing actions, and focus on new segments position it well for future opportunities.
Despite short-term challenges, MTX remains focused on recapturing margins, sustaining growth, and enhancing operational efficiency.
Overall, MTX's performance in 2022 was strong, with a positive trajectory expected for 2023.

Minerals Technologies (MTX) reports record Q1 performance and outlines growth strategies

Minerals Technologies (MTX) delivered a strong Q1 performance with record sales growth and margin expansion. Despite concerns about cost inflation, the company is focused on offsetting challenges and maximizing opportunities for growth and profitability.

Minerals Technologies (MTX) reports strong Q2 performance and strategic growth opportunities

Minerals Technologies (MTX) delivered a solid Q2 performance with sales growth and margin improvement initiatives driving positive financial results.
Despite challenges such as talc business divestiture plans and pricing dynamics, the company remains focused on debt repayment and achieving strong free cash flow guidance.
Opportunities in China market growth, cost-saving projects like NewYield, and potential acquisitions position MTX for continued success and financial strength in the future.

Minerals Technologies (MTX) reports record Q3 performance and growth opportunities

Minerals Technologies (MTX) delivered a strong Q3 performance with record sales and operating income, despite challenges from Barretts Minerals' Chapter 11 filing.
The company's focus on revenue stability, margin expansion, and new product development positions it well for future growth.
Analyst inquiries highlighted key areas of interest such as pricing strategies, margin targets, and potential acquisitions.
MTX's emphasis on operational excellence, sustainability, and employee engagement underpins its optimistic outlook for continued growth.

Minerals Technologies (MTX) achieves record Q4 performance and eyes sustainable growth

Minerals Technologies (MTX) reported a robust Q4 2023 performance with record sales and profitability metrics, driven by strong sales growth in key segments.
The company's focus on innovation, margin expansion, and cash flow generation for 2024 underscores a strategic approach to sustainable growth and operational excellence.
While facing challenges in managing inflation and balancing growth objectives, MTX is well-positioned to capitalize on opportunities in refractories, environmental solutions, and new product revenue streams.

Minerals Technologies (MTX) achieves record sales and income growth

Minerals Technologies (MTX) delivered a strong performance in Q1 2024, focusing on operational excellence and margin improvement. Despite challenges in certain segments, the company remains optimistic about market conditions and growth initiatives.

Minerals Technologies (MTX) reports record Q2 earnings and growth opportunities

Minerals Technologies (MTX) delivered strong financial performance in Q2 2024, with record operating income and earnings growth.
While facing challenges in certain segments, MTX's strategic focus on higher-margin products and operational excellence is driving progress.
With positive end market trends and strong cash flow, MTX is well-positioned to capitalize on growth opportunities and navigate market conditions.

Minerals Technologies (MTX) reports record Q3 earnings amidst market challenges

Minerals Technologies (MTX) delivered a record quarter with strong financial performance, driven by growth in consumer-based businesses and operational excellence.
While facing challenges in the industrial market, MTX showcased resilience and strategic focus on sustainable growth and innovation.
The company's capital allocation strategy, progress in growth strategies, and focus on cost efficiencies position MTX well for future opportunities and value creation.

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Minerals Technologies, Inc. is a resource and technology-based company. It develops, produces, and markets a range of mineral, mineral-based, and synthetic mineral products. It operates through the Consumer and Specialties and Engineered Solutions segments. The Consumer and Specialties segment serves consumer end markets directly and provides mineral-based solutions and technologies that are essential to customers’ products. The Engineered Solutions segment combines all engineered systems, mineral blends, and technologies that are designed to aid in customer processes and projects. The company was founded on February 19, 1968 and is headquartered in New York, NY.

Company Reports Full Year 2021 Earnings of $4.86 Per Share, or $5.02 Per Share, Excluding Special Items, a Record Year for the Company Company Reports Full Year 2021 Earnings of $4.86 Per Share, or $5.02 Per Share, Excluding Special Items, a Record Year for the Company

Minerals Technologies Reports Fourth Quarter 2021 Earnings of $1.23 Per Share, or $1.25 Per Share, Excluding Special Items

Minerals Technologies (MTX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Minerals Technologies (MTX) Moves to Buy: Rationale Behind the Upgrade

NEW YORK, Jan. 17, 2022 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that it will release results for its fourth quarter ended December 31, 2021 on Thursday, February 3, 2022 after the market close. The Company will host a conference call on Friday, February 4, 2022 at 11:00 a.m. Eastern Time to discuss these results.

Minerals Technologies Announces Fourth Quarter 2021 Conference Call

Contract with Asia Symbol to Provide GCC for White Packaging Board Mill in China

Minerals Technologies Announces Two New Satellite Contracts in Asia

Minerals Technologies' (MTX) CEO Doug Dietrich on Q3 2021 Results - Earnings Call Transcript

Minerals Technologies Reports Third Quarter 2021 Earnings of $1.22 Per Share, or $1.30 Per Share Excluding Special Items, a Record Quarter for the Company

NEW YORK, Oct. 25, 2021 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today announced that its Board of Directors has authorized a new, one-year $75 million share repurchase program, effective immediately. This follows the Company's completion of its prior one-year $75 million program.

Minerals Technologies Announces New $75 Million Share Repurchase Program

NEW YORK, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that it will release results for its third quarter ended October 3, 2021 on Thursday, November 4, 2021 after the market close. The Company will host a conference call on Friday, November 5, 2021 at 11:00 a.m. Eastern Time to discuss these results.

Minerals Technologies Announces Third Quarter 2021 Conference Call

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Minerals Technologies Inc. (MTX) CEO Doug Dietrich on Q2 2021 Results - Earnings Call Transcript

Minerals Technologies (MTX) delivered earnings and revenue surprises of 3.20% and -1.31%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Minerals Technologies (MTX) Beats Q2 Earnings Estimates

Minerals Technologies Reports Second Quarter 2021 Earnings of $1.23 Per Share, or $1.29 Per Share Excluding Special Items, a Record Quarter for the Company

Exceeded Four of Six Environmental Reduction Targets Exceeded Four of Six Environmental Reduction Targets

Minerals Technologies Publishes 2020 Corporate Responsibility and Sustainability Report

Acquisition Extends MTI's Core Cat Litter Position in North America and Strengthens Global Pet Care Platform Acquisition Extends MTI's Core Cat Litter Position in North America and Strengthens Global Pet Care Platform

Minerals Technologies Acquires Normerica Inc.

NEW YORK, July 12, 2021 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that it will release results for its second quarter ended July 4, 2021 on Thursday, July 29, 2021 after the market close. The Company will host a conference call on Friday, July 30, 2021 at 11:00 a.m. Eastern Time to discuss these results.

Minerals Technologies Announces Second Quarter 2021 Conference Call

MTX vs. ECL: Which Stock Is the Better Value Option?

MTX or ECL: Which Is the Better Value Stock Right Now?

Minerals Technologies Inc. (MTX) CEO Doug Dietrich on Q1 2021 Results - Earnings Call Transcript

Minerals Technologies (MTX) delivered earnings and revenue surprises of 9.35% and 7.28%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Minerals Technologies (MTX) Q1 Earnings and Revenues Surpass Estimates

Minerals Technologies Reports First Quarter 2021 Earnings of $1.17 Per Share

NEW YORK, April 19, 2021 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that it has signed an agreement with Zhumadianshi Baiyun Paper Co., LTD (“Baiyun Paper”) to build a 50,000 metric ton per year satellite precipitated calcium carbonate (“PCC”) plant at its paper mill in Suiping County, Zhumadian City, Henan Province, China. The facility will be wholly owned by MTI. The new facility is scheduled to begin operations in the first half of 2022.

Minerals Technologies Signs Agreement with Baiyun Paper to Construct a 50,000 Metric Ton Per Year Satellite PCC Plant in China

NEW YORK, April 19, 2021 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that it will release results for its first quarter ended April 4, 2021 on Thursday, May 6, 2021 after the market close. The Company will host a conference call on Friday, May 7, 2021 at 11:00 a.m. Eastern Time to discuss these results.

Minerals Technologies Announces First Quarter 2021 Conference Call

NEW YORK, March 18, 2021 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that Douglas Dietrich, Chairman and Chief Executive Officer, and Matthew Garth, Chief Financial Officer, will present at the Sidoti & Company Spring Virtual Investor Conference on Wednesday, March 24, 2021 at 9:15 a.m. Eastern Time. A live broadcast of the Company's presentation will be available at www.mineralstech.com under “Investor Events” on the Investor Relations page. A replay of the webcast will remain available on MTI's website following the presentation.

Minerals Technologies to Participate in Sidoti Virtual Investor Conference on March 24, 2021

NEW YORK, March 17, 2021 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that its Board of Directors has unanimously elected Douglas T. Dietrich, MTI's Chief Executive Officer and a member of the Board since 2016, to serve in the additional position of Chairman of the Board, effective immediately. Mr. Dietrich will be succeeding Duane R. Dunham who has been a director since 2002 and the Company's Chairman since 2016. Mr. Dunham will retire as a member of the Board of Directors when his term expires at the 2023 Annual Meeting of Shareholders.

Minerals Technologies Elects Douglas T. Dietrich Chairman of the Board

NEW YORK, March 04, 2021 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that Douglas Dietrich, Chief Executive Officer, and Matthew Garth, Chief Financial Officer, will present virtually at the G.research Specialty Chemicals Conference on Thursday, March 11, 2021 at 11:30 a.m. Eastern Time. A live broadcast of the Company's presentation will be available at www.mineralstech.com under “Investor Events” on the Investor Relations page. A replay of the webcast will remain available on MTI's website following the presentation.

News for Minerals Technologies Stock (MTX)