Orion Engineered Carbons

Orion Engineered Carbons SA engages in the production and supply of carbon black. It operates through the following segments: Specialty Carbon Black and Rubber Carbon Black. The Specialty Carbon Black segment manufactures specialty carbon black at multiple sites for a broad range of specialized applications. The Rubber Carbon Black segment is used in the reinforcement of rubber in tires and mechanical rubber goods. Specialties are used as pigments and performance additives in coatings, polymers, printing and special applications. The company was founded on April 13, 2011 and is headquartered in Spring, TX.

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Orion Engineered Carbons reports record earnings, eyes growth opportunities

Orion Engineered Carbons had a strong 2022, with record EBITDA and positive guidance for 2023, emphasizing growth and capital efficiency.
The company's focus on operational excellence, differentiated products, and strategic investments underscores its commitment to long-term value creation.
Challenges in volume growth and pricing dynamics require careful navigation, but opportunities in multiyear deals and market trends offer avenues for expansion.
Overall, Orion Engineered Carbons is poised for continued success through a balanced approach to financial performance and strategic initiatives.

Orion Engineered Carbons reports record Q1 earnings and growth opportunities

Orion Engineered Carbons delivered strong financial performance in Q1 2023, with record EBITDA and EPS, completion of key projects, and improvements in core businesses.
While facing challenges from market conditions and raw material cost fluctuations, the company remains optimistic about future performance and growth opportunities.
With a focus on sustainable growth, return on investment, and shareholder value, Orion Engineered Carbons is poised for continued success and value creation.

Orion Engineered Carbons (OEC) reports record performance and strategic growth plans

Orion Engineered Carbons (OEC) showcased a robust performance in Q2 2023, with strong financial results and strategic initiatives. While facing challenges in specialty demand and pricing fluctuations, they are poised to capitalize on opportunities in the rubber industry and expanding markets. Orion's proactive approach to debt reduction and capacity expansion positions them well for future growth.

Orion Engineered Carbons (OEC) reports solid Q3 performance and outlines growth strategies

Orion Engineered Carbons (OEC) delivered a strong performance in Q3 2023, with positive financial metrics and strategic advancements.
While facing challenges in the specialty and rubber segments, the company is well-positioned to capitalize on growth opportunities through innovation and market strategies.
Maintaining a focus on financial strength, sustainability, and product innovation will be crucial for Orion Engineered Carbons (OEC) to drive future success.

Orion Engineered Carbons achieves record EBITDA, eyes sustainable growth

Orion Engineered Carbons demonstrated resilience in financial performance, strategic focus on sustainability, and proactive debt reduction strategies in 2023.
Challenges in gross profit per ton and short-term financial impacts were addressed transparently, with a clear outlook on growth opportunities for 2024.
The company's leadership team's guidance and responsiveness to market dynamics position Orion well for continued success and value creation for shareholders.

Orion Engineered Carbons (OEC) reports stellar Q1 performance and growth outlook

Orion Engineered Carbons (OEC) showcased robust financial performance in Q1 2024, setting the stage for a promising year ahead. With strong EBITDA guidance, sustainability achievements, and strategic investments, the company is well-positioned for growth amidst evolving market dynamics.

Orion Engineered Carbons (OEC) reports mixed Q2 performance, eyes sustainable growth

Orion Engineered Carbons (OEC) faced challenges in Q2 2024 with lower-than-expected EBITDA, primarily driven by issues in the Rubber segment. Despite this, the company remains optimistic about future growth prospects, focusing on sustainable products and profit growth in the Specialty segment. Revised guidance reflects a cautious outlook for the remainder of 2024.

Orion Engineered Carbons reports solid Q3 performance amidst market challenges

Orion Engineered Carbons delivered a strong performance in Q3 2024, showcasing resilience in the face of challenges. With a positive outlook for 2025, focusing on lower capital spending and business trajectory, the company is poised for continued growth and profitability.

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Orion SA engages in the production and supply of carbon black. It operates through the following segments: Specialty Carbon Black and Rubber Carbon Black. The Specialty Carbon Black segment manufactures specialty carbon black at multiple sites for a broad range of specialized applications. The Rubber Carbon Black segment is used in the reinforcement of rubber in tires and mechanical rubber goods. Specialties are used as pigments and performance additives in coatings, polymers, printing and special applications. The company was founded on April 13, 2011 and is headquartered in Senningerberg, Luxembourg.

Is Orion Engineered (OEC) a great pick from the value investor's perspective right now? Read on to know more.

Is Orion Engineered (OEC) a Worthy Pick for Value Investors?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Orion Engineered Carbons (OEC) a Great Value Stock Right Now?

The average of price targets set by Wall Street analysts indicates a potential upside of 39.1% in Orion Engineered Carbons (OEC). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Believe Orion Engineered Carbons (OEC) Could Rally 39%: Here's is How to Trade

Orion Engineered Carbons S.A. (NYSE:OEC ) Q1 2022 Earnings Conference Call May 6, 2022 8:30 AM ET Company Participants Wendy Wilson - Head of Investor Relations Corning Painter - Chief Executive Officer Jeff Glajch - Chief Financial Officer Conference Call Participants Josh Spector - UBS Laurence Alexander - Jefferies Jon Tanwanteng - CJS Securities Barry Haimes - Sage Asset Management Chris Kapsch - Loop Capital Operator 00:09 Greetings and welcome to Orion Engineered Carbons First Quarter 2022 Earnings Conference Call.

Orion Engineered Carbons S.A. (OEC) CEO Corning Painter on Q1 2022 Results - Earnings Call Transcript

Orion Engineered Carbons (OEC) delivered earnings and revenue surprises of -3.39% and 7.09%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Orion Engineered Carbons (OEC) Q1 Earnings Lag Estimates

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons S.A. (NYSE: OEC), a specialty chemical company, today announced financial results for the first quarter of 2022. First Quarter 2022 Financial Highlights Net sales of $484.5 million, up $124.4 million, year over year Net income of $32.5 million, up $9.0 million, year over year Basic EPS of $0.53, up $0.14, year over year Adjusted EPS1 of $0.57, up $0.06, year over year Record Adjusted EBITDA1 of $83.2 million, up $12.3 million, year over year 1

Orion Engineered Carbons S.A. Announces First Quarter Financial Results

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE: OEC), a specialty chemical company, today announced plans to build the only plant in the U.S. producing acetylene-based conductive additives – a critical link in the value chain for lithium-ion batteries, high-voltage cables and other products powering the global transition to electrification and renewable energy. Orion's planned facility in La Porte, Texas, south of Houston, will be backed by a long-term agreement for acetylene supplied

Orion Announces Plans to Build Only Acetylene-based Conductive Additives Plant in U.S.

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE: OEC), a specialty chemicals company, announced today it aspires to align its sustainability objectives with the Paris Climate Agreement and strive to achieve net-zero emissions of greenhouse gases by 2050. To make its net-zero aspirations realistic, Orion developed a roadmap with near- and long-term targets. The company aspires to: Launch a broad range of products using recycled materials by 2025 and during the same period position the c

Orion Announces Ambition to Achieve Net-Zero Carbon Emissions by 2050

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE: OEC), a specialty chemical company, announced today the company will hold its first Investor Day on Wednesday, June 8, from 1:00 pm – 4:00 pm EDT in Freedom Hall at the New York Stock Exchange 11 Wall St, New York, N.Y. This will be a hybrid event with limited in-person attendance. If you would like to attend in person, please provide your name, contact information and ensure you select “in person” when registering. If you do not plan to

Orion Announces Date and Location of Its First Investor Day

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE: OEC), a specialty chemical company, released its preliminary annual proxy statement on April 19 and announced the nomination of Tony Davis to the board. Davis will be presented for election at the company's Annual General Meeting of Shareholders on Thursday, June 30, 2022. “Tony is an accomplished investor and ESG thought leader which makes him an ideal addition to Orion's board,” said Dan Smith, Orion's chairman of the board. “We look f

Orion Announces Nomination of Tony Davis to Its Board of Directors

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons Announces First Quarter 2022 Earnings Date and Conference Call Information

Orion Engineered Carbons Announces First Quarter 2022 Earnings Release Date and Conference Call Information

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, announced today that effective for all shipments made on or after April 1, 2022, or as permitted by customer contracts, the company is changing its carbon black oil surcharge and introducing a natural gas charge on all rubber carbon black products manufactured in Europe. Due to changes in feedstock availability, quality and logistics, the company considers it

Orion Engineered Carbons to Increase Rubber Carbon Black Prices in Europe

HOUSTON--(BUSINESS WIRE)-- #WEKNOWBLACK--Orion Engineered Carbons (NYSE:OEC), a specialty chemical company, has commissioned the first new reactor for carbon black production in the European Union in over 40 years at its plant in Italy, and this week will begin commercial sales with the line. The new 25-kiloton line at the facility in the northern city of Ravenna produces both specialty and technical rubber carbon blacks, primarily for the European market. “The new line offers customers seeking long-term solu

Orion Engineered Carbons Opens New Line in Italy for Specialty and Technical Rubber Customers

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons Raises Global Specialty Pricing

Orion Engineered Carbons to Increase Global Specialty Carbon Black Prices

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE:OEC), a leading global supplier of specialty and high-performance carbon black, today announced that it will hold its 2022 annual general meeting of shareholders on Thursday, June 30, 2022, at 2:00 pm Central European Time at the company's office, located at 6, Route de Trèves, L-2633 Senningerberg (Municipality of Niederanven), Grand Duchy of Luxembourg. The company also set its record date for the admission of the company's shareholders

Orion Engineered Carbons Announces Its 2022 Annual General Meeting Date and Record Date

Orion Engineered Carbons S.A. (OEC) CEO Corning Painter on Q4 2021 Results - Earnings Call Transcript

HOUSTON--(BUSINESS WIRE)-- #OEC--Orion Engineered Carbons S.A. (NYSE: OEC), a global supplier of specialty and high-performance carbon black, today announced financial results for the full year and fourth quarter of 2021. Full Year 2021 Highlights Delivered second highest adjusted EBITDA Continued strong performance in our Specialty and Rubber businesses, despite disruptions to the global economy Advanced key investments: U.S. emissions controls, Ravenna expansion, and second plant in China Reinstated

Orion Engineered Carbons S.A. Announces Full Year and Fourth Quarter 2021 Financial Results

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, announced today that Jeffrey Glajch has accepted the role of chief financial officer for Orion with a planned joining date of April 18, 2022. Glajch will succeed Bob Hrivnak, who currently serves in the dual role of interim CFO and chief accounting officer. Hrivnak will continue as chief accounting officer. Glajch has over 30 years of experience leading corpo

Orion Engineered Carbons Appoints Jeffrey Glajch as Chief Financial Officer

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE:OEC), a leading global supplier of specialty and high-performance carbon black, today announced that the company will release its full year 2021 results after the market closes on Thursday, February 17, 2022, to be followed by a conference call on Friday, February 18, 2022, at 8:30 a.m. (EST). The dial-in details for the live conference call are as follow: U.S. Toll Free: 1-877-407-4018 International: 1-201-689-8471 A replay of the confer

Orion Engineered Carbons Announces Full Year 2021 Earnings Release Date and Conference Call Information

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, today announced its CEO has signed the U.N. Global Compact, the world's largest corporate sustainability initiative. The compact calls on companies to align strategies and operations with universal principles on human rights, labor, anti-corruption and the environment. The pact's mission is “to mobilize a global movement of sustainable companies and stakehold

Orion Engineered Carbons CEO Signs UN Global Compact

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, announced today that next year the company will invest to convert a reactor line at its plant in Ivanhoe, La., from manufacturing soft carbon black to producing hard carbon black, commonly used in tire treads. “With the continued onshoring of tire production to the U.S., the carbon black supply-demand balance is getting tighter, particularly for hard carbon b

Orion Engineered Carbons to Increase Hard Carbon Black Capacity at Louisiana Plant

Orion Engineered Carbons S.A. (OEC) CEO Corning Painter on Q3 2021 Results - Earnings Call Transcript

Orion Engineered Carbons (OEC) delivered earnings and revenue surprises of 25.00% and 4.97%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Orion Engineered Carbons (OEC) Q3 Earnings and Revenues Top Estimates

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons S.A. (NYSE: OEC), a global supplier of specialty and high-performance carbon black, today announced financial results for the third quarter of 2021. Third Quarter 2021 Highlights Reinstated dividend at a level that enhances shareholder returns without impeding continued investments aimed at driving growth in differentiated applications and raising Orion's long-term earnings potential Continued strong performance in our Specialty business, despi

Orion Engineered Carbons S.A. Announces Third Quarter Financial Results

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, today announced that its board of directors has declared an interim dividend to be paid in the first quarter of 2022 in the aggregate amount of $1.25 million, which is equivalent to approximately $0.02 per Common Share of the company. The interim dividend will be paid on January 12, 2022, to holders of record as of the close of business on January 5, 2022. Lu

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