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NL Industries, Inc. (NL) is a prominent player in the component products industry, primarily operating through its majority-owned subsidiary, CompX International Inc. Located at 7007 Boeing Dr, El Paso, Texas, NL Industries focuses on manufacturing engineered components for a diverse set of sectors, including recreational transportation, postal services, office and institutional furniture, cabinetry, tool storage, healthcare, gas stations, and vending equipment.
CompX International Inc. manages three production facilities within the United States, where it develops high-precision ball bearing slides, sophisticated security products, and ergonomic computer support systems. These advanced component products are essential for efficiency and security in various applications. The company's commitment to quality and innovation ensures they remain a trusted supplier across numerous industries.
NL Industries garners a significant portion of its revenue from European markets, highlighting its strong international presence and customer trust. Despite challenges, the company continues to maintain a robust financial condition, supported by strategic partnerships and continuous project developments. Their ongoing projects emphasize both technological advancement and market expansion.
Whether you're an investor seeking reliable stocks or an industry participant interested in high-quality engineered components, NL Industries, Inc. stands out as a key player with a proven track record of delivering excellence.
NL Industries reported a net loss of $6.1 million, or $0.13 per share, for Q4 2022, down from a profit of $14.9 million, or $0.31 per share, in Q4 2021. For the full year, net income decreased to $33.8 million, or $0.69 per share, from $51.2 million, or $1.05 per share, in 2021. Q4 net sales rose to $40 million, up from $34.1 million in Q4 2021, driven by marine components sales. The company faced an unrealized loss of $3.8 million in Q4 2022 compared to a $6.5 million gain in Q4 2021. Kronos reported a significant decline in sales volumes and a loss from operations of $19.7 million in Q4 2022, impacted by weakened demand and production curtailments.
NL Industries, Inc. (NYSE: NL) has announced a quarterly dividend of $0.07 per share on its common stock. This dividend is payable on March 23, 2023, to shareholders of record as of the close of business on March 7, 2023.
NL Industries operates in the component products and chemicals sectors, specifically focusing on security products, recreational marine components, and titanium dioxide (TiO2). The declaration of a dividend confirms the company's commitment to returning value to its shareholders.
NL Industries reported a net loss of $8.9 million or $0.18 per share in Q3 2022, contrasting with a net income of $10.3 million or $0.21 per share a year earlier. Unrealized losses on marketable equity securities were $24.2 million in Q3 2022, up from $1.2 million in Q3 2021. Despite this, net sales increased to $42.9 million in Q3 2022 from $34.5 million in 2021. For the first nine months of 2022, net income rose to $39.9 million with higher Marine Components sales, although Kronos reported lower sales volumes. Corporate expenses increased due to litigation costs.
NL Industries, Inc. (NYSE:NL) announced a quarterly dividend of $0.07 per share, payable on December 20, 2022, to shareholders on record as of December 1, 2022. This dividend reflects the company's commitment to returning value to its investors. NL Industries operates in the component products sector, including security and recreational marine components, and the chemicals sector focusing on TiO2.
NL Industries, Inc. (NYSE: NL) declared a special cash dividend of $0.35 per share, payable on August 31, 2022, to shareholders of record by the close of business on August 22, 2022. This dividend is funded from excess cash flows and is in addition to the previously announced quarterly dividend of $0.07 per share, payable on September 20, 2022, to shareholders of record by the close of business on September 1, 2022. NL Industries operates within the component products and chemicals sectors, primarily focusing on security products and TiO2.
NL Industries, Inc. (NYSE: NL) reported a net income of $30.2 million, or $.62 per share, for Q2 2022, significantly up from $12.7 million, or $.26 per share, in Q2 2021. For the first half of 2022, net income was $48.8 million, or $1.00 per share, compared to $26.0 million, or $.53 per share, in 2021. Net sales rose to $41.6 million in Q2 2022 from $36.3 million in Q2 2021, driven by increased Marine Components and Security Products sales. The report also noted unrealized gains in marketable equity securities of $19.2 million in Q2 2022 versus $4.5 million in Q2 2021.
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