NewMarket

NewMarket Corp. operates as a holding company. The firm's segment include petroleum additives. Petroleum additives are used in lubricating oils and fuels to enhance their performance in machinery, vehicles, and other equipment. It manages properties owned in Virginia and provides various administrative services. NewMarket was founded on February 11, 1887, and is headquartered in Richmond, VA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

NewMarket posts strong Q4 earnings amidst supply chain challenges

NewMarket delivered robust financial results in Q4 2022, driven by strong petroleum additives sales and operating profit growth, despite challenges in the supply chain and increased costs.
The company's focus on financial stability, shareholder value, and operational excellence positions it well to navigate uncertainties and capitalize on growth opportunities in the market.
With a strategic approach to cost management, investment in margin recovery, and commitment to long-term value creation, NewMarket remains resilient and poised for sustainable growth.

NewMarket (NEU) reports robust Q1 earnings amidst supply chain challenges

NewMarket (NEU) delivered impressive financial results in Q1 2023, driven by growth in net income and petroleum additives sales.
While facing challenges such as supply chain disruptions and inflation concerns, the company remains focused on long-term value creation.
With a solid operating margin and commitment to shareholder returns, NewMarket (NEU) is well-positioned to navigate current market conditions.
Strategic investments in technology and supply chain capabilities can further enhance the company's competitive edge.

NewMarket (NEU) reports robust Q2 earnings amidst shipment challenges

NewMarket's Q2 2023 performance showed strong financial growth with increased net income and operating profit despite challenges in shipments and operating costs.
Effective cost control measures and margin recovery efforts have positively impacted the company's financial health and operational efficiency.
The company's improved net debt to EBITDA ratio and strategic financial decisions position it well for future growth and investment opportunities.

NewMarket (NEU) reports robust Q3 earnings amidst operational improvements

NewMarket's Q3 2023 performance reflected a notable increase in net income and operating profit, driven by various operational improvements despite challenges in shipments and costs.
The company's financial strength, including strong cash flows, reduced leverage, and improved debt metrics, underscores its commitment to financial stability and efficiency.
While facing challenges like lower shipments and higher costs, NewMarket's strategic focus on operational control, technology investment, and customer satisfaction presents growth opportunities and long-term value creation.

NewMarket reports mixed Q4 earnings, eyes growth through acquisitions

NewMarket's financial performance in 2023 reflected mixed results with challenges in certain segments but overall improvement in net income for the year.
The company's strategic initiatives, including the acquisition of AMPAC and financial restructuring, position it for growth and enhanced shareholder value in the coming years.
Despite facing headwinds, NewMarket remains optimistic about the future, citing opportunities in its core business segments and the potential benefits of recent acquisitions and financial arrangements.

NewMarket reports robust Q1 earnings, eyes growth through AMPAC

NewMarket's Q1 2024 performance reflects growth in net income and operating profit, despite challenges in certain regions and lower sales.
The acquisition of AMPAC and the company's strong financial position provide a foundation for future expansion and profitability.
Strategic opportunities lie in integrating AMPAC, leveraging synergies, and capitalizing on the strength of the petroleum additives segment.

NewMarket (NEU) reports strong Q3 earnings amidst strategic shifts

NewMarket's Q3 2024 performance reflects growth in net income and operating profit, supported by cost efficiencies and strategic shifts in sales.
The company maintains financial discipline with a healthy debt ratio, strong cash flows, and prudent capital expenditure planning.
While facing challenges in certain segments, NewMarket has opportunities to optimize pricing, streamline operations, and explore growth avenues.

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NewMarket Corp. is a holding company, which engages in manufacturing and developing petroleum additives. It manages properties owned in Virginia and provides various administrative services. The company was founded on February 11, 1887 and is headquartered in Richmond, VA.

RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) (the “Company”) announces today that Bryce D. Jewett III has been elected Executive Vice President and General Counsel, effective January 1, 2025. He had previously been serving as Vice President and General Counsel of the Company. Prior to joining the Company in 2020, Mr. Jewett was a Partner at McGuireWoods LLP where his practice focused on Mergers and Acquisitions. NewMarket Corporation is a holding company operating through i.

NewMarket Announces the Election of Executive Vice President and General Counsel

RICHMOND, Va.--(BUSINESS WIRE)--The Board of Directors of NewMarket Corporation (NYSE: NEU) (the “Company”) approved a new share repurchase program authorizing management to repurchase up to $500 million of the Company's outstanding common stock through December 31, 2027, as market conditions warrant and covenants under the Company's existing debt agreements permit. The new repurchase program will replace the Company's existing $500 million repurchase program approved by the Board of Directors.

NewMarket Corporation Authorizes New Share Repurchase Program

RICHMOND, Va.--(BUSINESS WIRE)--The Board of Directors of NewMarket Corporation (NYSE: NEU) declared a quarterly dividend in the amount of $2.50 per share on the common stock of the Corporation. The dividend is payable January 2, 2025, to NewMarket shareholders of record at the close of business on December 16, 2024. NewMarket Corporation is a holding company operating through its subsidiaries Afton Chemical Corporation (Afton), Ethyl Corporation (Ethyl), and American Pacific Corporation (AMPAC.

NewMarket Corporation Declares Quarterly Dividend

NewMarket Corporation (NYSE:NEU ) Q3 2024 Results Conference Call October 24, 2024 3:00 PM ET Company Participants Bill Skrobacz - VP & CFO Operator Good day, and welcome to the NewMarket Corporation's scheduled conference call and webcast to review the Third Quarter 2024 Financial Results. At this time, all participants are in a listen-only mode.

NewMarket Corporation (NEU) Q3 2024 Earnings Call Transcript

RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE:NEU) Chairman and Chief Executive Officer, Thomas E. Gottwald, released the following earnings report of the Company's operations for the third quarter and first nine months of 2024. Net income for the third quarter of 2024 was $132.3 million, or $13.79 per share, compared to net income of $111.2 million, or $11.60 per share, for the same period last year. For the first nine months of 2024, net income was $351.7 million, or $36.66 per.

NewMarket Corporation Reports Third Quarter and First Nine Months 2024 Results

NewMarket's strong cash flows and low capex have enabled rapid net debt reduction, despite the all-cash AMPAC acquisition impacting net debt levels. The company reported a net profit of $111.6M in Q2, with an EPS of $11.63, and expects continued strong performance from petroleum additives and AMPAC. NewMarket's debt ratio is already at the lower end of its preferred range, with a positive working capital position of approximately $700M.

NewMarket: Accelerating EBITDA After M&A Completion

RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) (the “Company”) announced today that William J. Skrobacz is stepping down from his role as Vice President and Chief Financial Officer of the Company effective December 31, 2024, as he intends to retire from the Company in 2025. Since joining the Company over 13 years ago, Mr. Skrobacz has served in a variety of finance and accounting roles of increasing responsibility, culminating in his appointment as Vice President and Chief Fi.

NewMarket Announces the Retirement of Its Vice President and Chief Financial Officer and the Appointment of Successor

RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) announced today it expects to release third quarter 2024 earnings at the close of business on Wednesday, October 23, 2024. The earnings announcement will also be available on the Company's website at www.NewMarket.com the following day. A conference call and webcast are scheduled for 3:00 pm ET on Thursday, October 24, 2024 to review third quarter 2024 financial results. You can access the conference call live by dialing 1-888-50.

NewMarket Corporation Schedules Conference Call and Webcast to Review Third Quarter 2024 Financial Results

NewMarket Corporation (NYSE:NEU ) Q2 2024 Results Conference Call July 30, 2024 3:00 PM ET Company Participants Bill Skrobacz - IR Operator Good afternoon, everyone. And welcome to the NewMarket Corporation Conference Call and Webcast to review Second Quarter 2024 Financial Results.

NewMarket Corporation (NEU) Q2 2024 Earnings Call Transcript

RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE:NEU) Chairman and Chief Executive Officer, Thomas E. Gottwald, released the following earnings report of the Company's operations for the second quarter and first half of 2024. Net income for the second quarter of 2024 was $111.6 million, or $11.63 per share, compared to net income of $99.6 million, or $10.36 per share, for the same period last year. For the first half of 2024, net income was $219.4 million, or $22.87 per share, compar.

NewMarket Corporation Reports Second Quarter and First Half 2024 Results

RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) announced today it expects to release second quarter 2024 earnings at the close of business on Monday, July 29, 2024. The earnings announcement will also be available on the Company's website at www.NewMarket.com the following day. A conference call and internet webcast is scheduled for 3:00 pm ET on Tuesday, July 30, 2024 to review second quarter 2024 financial results. You can access the conference call live by dialing 1-888-50.

NewMarket Corporation Schedules Conference Call and Webcast to Review Second Quarter 2024 Financial Results

NewMarket owns Afton Chemical and Ethyl Corp., with strong earnings growth in the first quarter of the year. Operating profit in the specialty materials division was negative due to non-recurring items related to the AMPAC acquisition. Despite the operating loss, NewMarket's strong cash flow and potential debt reduction make it an attractive investment opportunity.

NewMarket Corporation: Surprisingly Strong Start Of The Year Despite Expensive Acquisition

NewMarket Corporation (NYSE:NEU ) Q1 2024 Earnings Conference Call April 25, 2024 3:00 PM ET Company Participants Bill Skrobacz - Vice President and Chief Financial Officer Conference Call Participants Operator Greetings. Welcome to NewMarket Corporation's Conference Call and Webcast to review First Quarter 2024 Financial Results.

NewMarket Corporation (NEU) Q1 2024 Earnings Call Transcript

RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE:NEU) Chairman and Chief Executive Officer, Thomas E. Gottwald, released the following earnings report of the Company's operations for the first quarter of 2024. Net income for the first quarter of 2024 was $107.7 million, or $11.23 per share, compared to net income of $97.6 million, or $10.09 per share, for the first quarter of 2023. Petroleum additives sales for the first quarter of 2024 were $677.3 million, compared to $700.0 million.

NewMarket Corporation Reports First Quarter 2024 Results

RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) announced today it expects to release first quarter 2024 earnings at the close of business on Wednesday, April 24, 2024. The earnings announcement will also be available on the Company's website at www.NewMarket.com the following day. A conference call and Internet webcast is scheduled for 3:00 pm ET on Thursday, April 25, 2024 to review first quarter 2024 financial results. You can access the conference call live by dialing 1-88.

NewMarket Corporation Schedules Conference Call and Webcast to Review First Quarter 2024 Financial Results

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39 Upcoming Dividend Increases Including 2 Dividend Kings

RICHMOND, Va.--(BUSINESS WIRE)--The Board of Directors of NewMarket Corporation (NYSE: NEU) declared a quarterly dividend in the amount of $2.50 per share on the common stock of the Corporation, an increase of $0.25, or approximately 11%, as compared to the last quarterly dividend of $2.25 per share. The dividend is payable April 1, 2024, to NewMarket shareholders of record at the close of business on March 15, 2024. NewMarket Corporation is a holding company operating through its subsidiaries,.

NewMarket Corporation Increases Quarterly Dividend

A lot can be learned by following the behavior of company insiders as they manage their positions in their own companies.

CEO Stake in NewMarket Soars Despite Trim

NewMarket Corporation (NEU) Q4 2023 Earnings Call Transcript

RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE:NEU) Chairman and Chief Executive Officer, Thomas E. Gottwald, released the following earnings report of the Company's operations for the fourth quarter and full year of 2023. Net income for the fourth quarter of 2023 was $80.4 million, or $8.38 per share, compared to net income of $90.5 million, or $9.26 per share, for the fourth quarter of 2022. Net income for 2023 was $388.9 million, or $40.44 per share, compared to net income of $2.

NewMarket Corporation Reports Fourth Quarter and Full Year 2023 Results

BOCA RATON, Fla.--(BUSINESS WIRE)--AE Industrial Partners, LP (“AEI”), a private equity firm specializing in Aerospace, National Security, and Industrial Services, today announced that affiliates of AEI have completed the sale of American Pacific Corporation (“American Pacific” or the “Company”), a leading specialty materials manufacturer of critical chemicals for some of the U.S. Government's most vital military and space programs, to NewMarket Corporation (NYSE: NEU) for $700 million in cash.

AE Industrial Partners Completes Sale of American Pacific Corp. to NewMarket Corp. for $700 million

RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) today announced that it has completed the acquisition of AMPAC Intermediate Holdings, LLC, the ultimate parent company of American Pacific Corporation (AMPAC), for approximately $700 million. Based in Cedar City, Utah, AMPAC is the leading North American manufacturer of critical performance additives used in solid rocket motors for space launch and military defense applications. AMPAC is qualified on many NASA and Department of D.

NewMarket Corporation Completes the Acquisition of AMPAC Intermediate Holdings, LLC

RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) announced today it expects to release fourth quarter and full year 2023 earnings at the close of business on Wednesday, January 31, 2024. The earnings announcement will also be available on the Company's website at www.NewMarket.com the following day. A conference call and Internet webcast is scheduled for 3:00 pm ET on Thursday, February 1, 2024 to review fourth quarter and full year 2023 financial results. You can access the co.

NewMarket Corporation Schedules Conference Call and Webcast to Review Fourth Quarter and Full Year 2023 Financial Results

RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) today announced its entry into a definitive purchase agreement to acquire AMPAC Intermediate Holdings, LLC, the ultimate parent company of American Pacific Corporation (AMPAC), for approximately $700 million. Based in Cedar City, Utah, AMPAC is the leading North American manufacturer of critical performance additives used in solid rocket motors for space launch and military defense applications. AMPAC is qualified on many NASA an.

NewMarket Corporation Announces the Acquisition of AMPAC Intermediate Holdings, LLC

RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) announced today that Lilo Simmons Ukrop has been elected to the Board of Directors, effective October 26, 2023. Ms. Ukrop received a B.S. in Mechanical Engineering from Tulane University and a M.B.A. from the Darden Graduate School of Business Administration at the University of Virginia. She has been teaching Reading Seminars in Management at the Darden School of Business for the past seven years. She began her career as a reser.

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