Welcome to our dedicated page for Newmarket news (Ticker: NEU), a resource for investors and traders seeking the latest updates and insights on Newmarket stock.
NewMarket Corporation (NYSE: NEU) is a manufacturing holding company active in specialty chemicals and specialty materials, and its news flow reflects both financial performance and strategic activity. Through subsidiaries such as Afton Chemical Corporation, Ethyl Corporation, American Pacific Corporation (AMPAC), and Calca Solutions, LLC, the company reports on developments in petroleum additives for fuels and lubricants as well as materials used in aerospace and defense applications.
Investors following NEU news will find regular earnings announcements that detail segment net sales, operating profit, and net income, along with commentary on shipment trends in lubricant additives, fuel additives, and specialty materials. These releases often discuss factors affecting results, such as market conditions, technology investments, and efficiency initiatives across NewMarket’s global operations.
The company also issues news on capital allocation decisions, including quarterly dividend declarations and changes to the dividend rate, as approved by its Board of Directors. Press releases describe how operating cash flows support dividends, share repurchases, capital expenditures, and debt reduction, giving context to NewMarket’s approach to shareholder returns.
Another important category of NEU news covers acquisitions and segment expansion. NewMarket has announced the acquisition of American Pacific Corporation and the completion of the acquisition of Calca Solutions, LLC, highlighting its strategy to expand in resilient, high-technology specialty materials, including UltraPure and high-purity hydrazine for aerospace and defense propulsion.
In addition, NewMarket provides updates on conference calls and webcasts scheduled to review quarterly results, enabling analysts and shareholders to hear management’s discussion of performance and outlook. For a fuller picture of NEU, readers can use this news feed to track financial results, dividend actions, and strategic moves across both the petroleum additives and specialty materials segments over time.
NewMarket (NYSE:NEU) reported strong Q1 2025 financial results with net income of $125.9 million ($13.26 per share), up from $107.7 million ($11.23 per share) in Q1 2024. Petroleum additives sales decreased to $645.6 million from $677.3 million, with operating profit declining to $142.1 million from $150.9 million, primarily due to a 7.2% decrease in shipments.
Specialty materials segment showed significant improvement, with sales increasing to $53.7 million from $17.0 million and operating profit reaching $23.2 million compared to a $5.0 million loss in Q1 2024. The company repurchased $57.1 million in common stock, paid $26.1 million in dividends, and reduced Net Debt by $21.5 million.
AMPAC announced plans for a $100 million investment to expand ammonium perchlorate production capacity by over 50% at its Cedar City, Utah facility, with completion expected in 2026.
NewMarket (NYSE: NEU) subsidiary AMPAC has announced plans for a $100 million capital investment to expand its ammonium perchlorate production capabilities. The expansion will increase capacity by more than 50% through the construction of an additional production line, scheduled for completion in 2026.
The investment aims to meet growing demand from U.S. military and space launch programs, as well as U.S. allies' needs. AMPAC, based in Cedar City, Utah, is North America's leading manufacturer of critical performance additives for solid rocket motors, serving space launch and national defense programs for over 60 years.
The project remains subject to NewMarket's board approval. AMPAC, acquired by NewMarket in January 2024, operates one facility with approximately 170 full-time employees and also manufactures Halotron BrX, an environmentally friendly fire extinguishing agent.
NewMarket (NYSE: NEU) has scheduled its first quarter 2025 earnings release for Wednesday, April 23, 2025, after market close. The company will host a conference call and webcast on Thursday, April 24, 2025, at 3:00 pm ET to discuss the financial results.
Investors can join the conference call by dialing 1-888-506-0062 (domestic) or 1-973-528-0011 (international). A replay will be available until May 1, 2025, and the webcast will be accessible for 30 days through the company's website.
NewMarket operates through its subsidiaries: Afton Chemical and Ethyl , which produce chemical additives for petroleum products, and American Pacific (AMPAC), which manufactures specialty materials for aerospace and defense industries.
NewMarket (NYSE: NEU) has announced a 10% increase in its quarterly dividend to $2.75 per share, up from the previous $2.50. The dividend will be payable on April 1, 2025, to shareholders of record as of March 17, 2025.
NewMarket operates through three subsidiaries: Afton Chemical and Ethyl , which develop chemical additives for petroleum products, and AMPAC, which manufactures specialty materials for aerospace and defense industries.
NewMarket (NYSE:NEU) reported strong financial results for Q4 and full-year 2024. The company achieved net income of $462.4 million ($48.22 per share) for 2024, up from $388.9 million ($40.44 per share) in 2023. Q4 2024 net income was $110.7 million ($11.56 per share).
The Petroleum additives segment posted sales of $2.6 billion in 2024, with operating profit increasing to $591.9 million from $514.4 million in 2023, driven by lower operating and raw material costs. The newly acquired AMPAC business, reported under the specialty materials segment, generated sales of $141.2 million in 2024, exceeding pre-acquisition expectations.
The company demonstrated strong cash flow management, reducing debt by $373 million since the AMPAC acquisition and maintaining a Net Debt to EBITDA ratio of 1.2, below the target range of 1.5-2.0. NewMarket paid $95.9 million in dividends and invested $57.3 million in capital expenditures during 2024.
NewMarket (NYSE: NEU) has announced its schedule for the release of fourth quarter and full year 2024 financial results. The company will release earnings after market close on Monday, February 3, 2025, followed by a conference call and webcast on Tuesday, February 4, 2025, at 3:00 PM ET.
Investors can access the conference call by dialing 1-888-506-0062 (domestic) or 1-973-528-0011 (international). A replay will be available until February 11, 2025, and the webcast will be accessible for 30 days through the company's website. NewMarket operates through its subsidiaries Afton Chemical, Ethyl , and American Pacific , focusing on chemical additives for petroleum products and specialty materials for aerospace and defense industries.
NewMarket (NYSE: NEU) has announced the promotion of Bryce D. Jewett III to Executive Vice President and General Counsel, effective January 1, 2025. Jewett, who currently serves as Vice President and General Counsel, joined the company in 2020 after working as a Partner at McGuireWoods LLP specializing in Mergers and Acquisitions.
NewMarket operates through three subsidiaries: Afton Chemical , Ethyl , and American Pacific (AMPAC). Afton and Ethyl focus on chemical additives for petroleum products, while AMPAC manufactures specialty materials for aerospace and defense industries.
NewMarket (NYSE: NEU) has announced a new share repurchase program authorized by its Board of Directors. The program allows management to repurchase up to $500 million of outstanding common stock through December 31, 2027. This new initiative will replace the existing $500 million repurchase program approved in October 2021, which was set to expire on December 31, 2024.
The company may conduct repurchases through various methods, including open market transactions, private negotiations, block trades, or Rule 10b5-1 trading plans. The program is flexible with no specific share quantity requirement and can be suspended or terminated at any time.
NewMarket (NYSE: NEU) has announced a quarterly dividend of $2.50 per share on its common stock. The dividend will be paid on January 2, 2025, to shareholders of record as of December 16, 2024. The company operates through its subsidiaries Afton Chemical, Ethyl , and American Pacific (AMPAC), which develop and manufacture chemical additives for petroleum products and specialty materials for aerospace and defense industries.
NewMarket (NYSE:NEU) reported strong Q3 2024 results with net income of $132.3 million ($13.79 per share), up from $111.2 million ($11.60 per share) in Q3 2023. For the first nine months of 2024, net income reached $351.7 million ($36.66 per share). Petroleum additives sales remained stable at $663.0 million in Q3, while operating profit increased to $157.5 million from $139.8 million, driven by lower costs. The company's AMPAC acquisition, completed in January 2024, contributed $59.1 million in Q3 sales. NewMarket has reduced debt by $259 million since the AMPAC acquisition, achieving a Net Debt to EBITDA ratio of 1.4.
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