Welcome to our dedicated page for United States Steel Corporation news (Ticker: $X), a resource for investors and traders seeking the latest updates and insights on United States Steel Corporation stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect United States Steel Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of United States Steel Corporation's position in the market.
United States Steel (NYSE: X) has declared a dividend of $0.05 per share of common stock payable on June 12, 2024, to stockholders of record on May 13, 2024. The company focuses on safety and innovation, serving various industries with high-value steel products.
United States Steel reported first quarter 2024 net earnings of $171 million, adjusted net earnings of $206 million, adjusted EBITDA of $414 million, and a transaction update with Nippon Steel The company expects a stronger second quarter with adjusted EBITDA between $425 million to $475 million. They continue to progress towards closing the transaction with Nippon Steel , expected in the second half of 2024.
U. S. Steel received the “Governor’s Award for Environmental Excellence” for converting two diesel locomotives to battery power, reducing emissions and diesel fuel consumption. The project is part of the company's goal to achieve net-zero emissions by 2050. U. S. Steel invested over $2.3 million in the locomotives and partnered with the DEP to offset costs. The initiative was recognized as an innovative sustainability project by the Pennsylvania Department of Environmental Protection.