STOCK TITAN

Orion Engineered Carbons S.A. - OEC STOCK NEWS

Welcome to our dedicated page for Orion Engineered Carbons S.A. news (Ticker: OEC), a resource for investors and traders seeking the latest updates and insights on Orion Engineered Carbons S.A. stock.

Comprehensive Overview of Orion Engineered Carbons S.A.

Orion Engineered Carbons S.A. has established itself as a pivotal manufacturer of carbon black, a critical material used to tint, reinforce, and enhance the performance of a diverse range of products. With over a century of industry expertise, the company produces both rubber carbon black and specialty carbon black that serve essential roles in sectors such as tire manufacturing, coatings, printing inks, and polymer formulations. The integration of advanced production technologies with rigorous quality controls reflects the firm's deep technical competence in the field of industrial chemicals and materials science.

In its core operations, Orion Engineered Carbons S.A. harnesses extensive research in formulating carbon black that caters specifically to two main segments. The Rubber Carbon Black segment primarily focuses on reinforcing rubber, making it a key component in the production of tires and various mechanical rubber goods. This portion of the business underpins applications where durability and performance are paramount. In contrast, the Specialty Carbon Black segment is tailored towards enhancing the color, tint, and overall performance in products such as coatings, adhesives, sealants, and printing inks. This dual-segment strategy not only underscores the versatility of carbon black as a material but also demonstrates the company’s commitment to innovation and high performance in a variety of applications.

From an operational perspective, the company’s global network is a testament to its robust supply chain and technical expertise. Operating multiple production facilities and applied technology centers around the world, Orion Engineered Carbons ensures a consistent supply of high-quality carbon black products while fostering collaborative partnerships with its customers. This strategic geographic footprint enables the company to cater effectively to the diverse demands of markets, particularly within regions known for advanced manufacturing and industrial applications.

The firm’s integration of research and development into its production processes has been instrumental in delivering products that meet evolving industry standards. Emphasizing consistent quality and performance, the company’s product portfolio is a result of continuous improvements and meticulous control over production variables. This approach not only supports the reinforcement of manufacturing processes in the tire and rubber industry but also extends to enhancing the aesthetics and functionality of coatings and polymer-based products.

In addition to its primary focus on product quality, Orion Engineered Carbons S.A. maintains a strong emphasis on collaborative customer partnerships. This is achieved through tailored solutions that address specific industry challenges, thereby providing substantial value through technical expertise and innovation. By leveraging its longstanding technical experience and global presence, the company effectively bridges the gap between complex industrial requirements and cutting-edge production methodologies.

Key industry-specific keywords such as "carbon black," "reinforcement," and "performance additives" are embedded in its communications, reflecting the company’s mastery over the intricate details of material science. This integration of specialized language aids not only in search engine optimization but also in establishing a clear narrative that is accessible to both industry experts and those newly exploring the sector.

The competitive landscape in which Orion Engineered Carbons operates is complex, characterized by robust market forces and evolving customer demands. While there are several players in the carbon black industry, the company distinguishes itself through its longstanding expertise, diversified product segments, and a commitment to continuous technological enhancement. Its conservative approach to quantitative disclosure ensures that the focus remains squarely on product performance and operational perfection, underscoring a business model that is built on adaptability and reliability.

Moreover, the company's history of innovation has allowed it to strategically position itself at the intersection of quality manufacturing and advanced technical application. The emphasis on specialty applications, combined with a focus on reinforcing products utilized in high-performance rubber goods, renders the company a name synonymous with precision and excellence. This robust standing in its designated segments speaks volumes about its role as a critical enabler in various industrial and consumer applications.

Overall, Orion Engineered Carbons S.A. offers a comprehensive illustration of how specialized material manufacturing can pivot around deep technical expertise and operational excellence. Its insistence on quality, combined with unwavering adherence to industry-specific standards, has positioned the company as an authoritative voice in the realm of carbon black production. The clear communication of these nuances ensures that industry stakeholders, market analysts, and investors alike have an informed perspective on the company’s business model, without any unnecessary promotional tendencies.

Rhea-AI Summary

Orion Engineered Carbons (NYSE: OEC) has announced a new share repurchase program, authorizing the purchase of up to $50 million of its outstanding common stock. The Board's decision reflects a commitment to driving long-term shareholder value amidst favorable macroeconomic conditions. CEO Corning Painter emphasized the company's improving discretionary cash flow and the intent to strategically invest for growth, indicating that current market valuations do not fully reflect the company's potential. Stock repurchases will occur depending on market conditions and other considerations.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.86%
Tags
buyback
-
Rhea-AI Summary

Orion Engineered Carbons (NYSE: OEC) reported third-quarter 2022 results, showcasing significant growth in financial metrics. Net sales rose to $543.1 million, up 38.2% year over year, with net income at $31.8 million and diluted EPS of $0.52. Adjusted EBITDA increased to $80.5 million, marking a 21.2% rise. The growth was driven primarily by strong performance in the Rubber Carbon Black segment. The company is optimistic about continued growth in 2023 with improved pricing and operational efficiencies.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.86%
Tags
-
Rhea-AI Summary

Orion Engineered Carbons (NYSE: OEC) has achieved a significant sustainability milestone by becoming the first company to receive ISCC Plus certification for various carbon black grades produced from different feedstocks at multiple global plants. This certification validates the company's commitment to high sustainability standards and enhances transparency in its value chain. Products certified include ECORAX® Circular grades from Texas and Ohio and ECORAX® Nature 200 from Poland. Orion’s sustainable solutions position it as a leader in the industry, furthering its innovation towards a circular economy for tires.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.99%
Tags
none
Rhea-AI Summary

Orion Engineered Carbons (NYSE: OEC) will release its third quarter 2022 results on November 3, 2022, followed by a conference call on November 4, 2022, at 8:30 a.m. (EDT). Interested parties can dial in at 1-877-407-4018 (U.S. Toll Free) or 1-201-689-8471 (International). A replay will be available through November 11, 2022. Orion specializes in carbon black, serving various industries worldwide with innovative solutions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.62%
Tags
-
Rhea-AI Summary

Orion Engineered Carbons (NYSE: OEC) has announced an interim dividend of $0.0207 per share, totaling approximately $1.25 million, to be paid on January 10, 2023. This payment is for shareholders on record as of January 3, 2023, with a 15% Luxembourg withholding tax applicable. Orion specializes in carbon black, serving various industries including tires and coatings, and maintains a robust global footprint with innovation centers and 14 production plants worldwide.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.55%
Tags
dividends
-
Rhea-AI Summary

Orion Engineered Carbons (NYSE: OEC) will have CEO Corning Painter and CFO Jeff Glajch attend the 35th Annual Credit Suisse Specialties and Basics Conference in New York on September 13 at 1:15 PM EDT. Investors can access the audio link of the discussion on the company's website, with a transcript available afterward. Orion is a global leader in carbon black supply, providing materials tailored for various applications including tires and coatings, backed by over 160 years of expertise and innovation.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.64%
Tags
conferences
Rhea-AI Summary

Orion Engineered Carbons (NYSE: OEC) has announced a price increase for all specialty carbon black grades produced in Europe, effective from October 1, 2022. The adjustments will be communicated to customers individually, influenced by various factors including product type and manufacturing location. This decision aims to maintain the supply of high-quality specialty products amid rising natural gas and oil prices and political instability in Europe. The increase also supports further investment in new product development to meet global market demands.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
none
-
Rhea-AI Summary

Orion Engineered Carbons (NYSE: OEC) reported Q2 2022 net sales of $541.2 million, a 35% year-over-year increase, while net income fell to $29.7 million, down 66.7% from the previous year due to a one-time Evonik settlement gain. Diluted EPS was $0.49, down from $1.47. Adjusted EBITDA rose by 5.8% to $83.4 million. The company anticipates achieving $310-$340 million in Adjusted EBITDA for the year. The expansion of their Senior Secured Revolving Credit Facility to €350 million also highlights ongoing financial strategy.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.42%
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.63%
Tags
none
Rhea-AI Summary

Orion Engineered Carbons (NYSE: OEC), a specialty chemicals company, announced participation in the Jefferies Industrials Conference in New York on August 9. CEO Corning Painter and CFO Jeff Glajch will engage in one-on-one meetings, with Mr. Painter presenting on August 10 at 9:00 AM EDT. Orion is a global leader in carbon black production, serving various industries including tires, coatings, and plastics. The company operates 14 plants and innovation centers worldwide, backed by over 160 years of expertise.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.44%
Tags
conferences

FAQ

What is the current stock price of Orion Engineered Carbons S.A. (OEC)?

The current stock price of Orion Engineered Carbons S.A. (OEC) is $12.23 as of April 23, 2025.

What is the market cap of Orion Engineered Carbons S.A. (OEC)?

The market cap of Orion Engineered Carbons S.A. (OEC) is approximately 690.6M.

What is the core business of Orion Engineered Carbons S.A.?

The company specializes in manufacturing carbon black, producing both rubber carbon black for tire and mechanical rubber applications and specialty carbon black for coatings, printing inks, and polymer enhancements.

How does Orion Engineered Carbons generate revenue?

Revenue is primarily generated through the sale of carbon black products that are used in various industrial applications, including tire reinforcement and performance additives for polymers and coatings.

What are the main segments of Orion Engineered Carbons' operations?

The firm operates mainly through two segments: the Rubber Carbon Black segment and the Specialty Carbon Black segment, each catering to distinct industry needs and applications.

What industries benefit from the products of Orion Engineered Carbons?

Industries such as tire manufacturing, coatings, printing, adhesives, sealants, and plastics benefit from high-quality carbon black products which enhance durability, color, and performance.

How does the company ensure quality in its carbon black products?

Orion Engineered Carbons utilizes advanced production methodologies and operates multiple applied technology centers globally to maintain rigorous quality control and continuous product improvement.

What distinguishes Orion Engineered Carbons from its competitors?

The company's long-standing industry expertise, dual-segment product range, and emphasis on collaborative partnerships and technological innovation distinguish it in the competitive carbon black market.

How does the company address the diverse needs of its market?

By dividing its operations into specialized segments and operating globally, Orion Engineered Carbons offers tailored solutions that cater to both high-strength rubber applications and specialty performance enhancements.

What role does research and development play at Orion Engineered Carbons?

The company integrates R&D deeply into its operations to refine production processes and develop innovative products that meet high industry standards and evolving market demands.
Orion Engineered Carbons S.A.

NYSE:OEC

OEC Rankings

OEC Stock Data

690.61M
55.15M
2.66%
99.61%
1.53%
Specialty Chemicals
Miscellaneous Chemical Products
Link
Luxembourg
SPRING