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Albemarle Corporation (ALB) Stock News

ALB NYSE

Albemarle Corporation reports news on its role as a global producer of lithium and bromine used in mobility, energy, connectivity and health applications. Company updates commonly cover Energy Storage and Specialties performance, lithium market pricing and volumes, bromine-based solutions, operational productivity, and cash generation.

Recurring developments also include quarterly earnings releases, common stock dividends, debt tender offers and note redemptions, board and committee appointments, and portfolio actions. Recent corporate updates include the completed sale of a controlling stake in Ketjen's refining catalyst solutions business, Albemarle's retained minority interest in Ketjen, and the integration of Performance Catalyst Solutions into Albemarle's product portfolio.

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Albemarle (NYSE: ALB) reported third-quarter 2026 net sales of $1.6 billion, driven primarily by higher Energy Storage and Specialties pricing. Net income attributable to Albemarle was $296.8 million versus a $160.7 million loss a year earlier; diluted earnings were $2.15 per share versus a $1.72 loss. Adjusted EBITDA rose 186.1% to $645.5 million.

Energy Storage sales rose 57.9%, despite an 18.8% volume decline. Specialties sales increased 12.7%. Albemarle raised its full-year Specialties adjusted EBITDA outlook to $350–$375 million from $275–$325 million and reduced planned capital spending to $300–$350 million from approximately $500 million. Nine-month operating cash flow reached $1.5 billion, up $568 million. The company expects fourth-quarter Energy Storage sales, adjusted EBITDA and margins to decline sequentially, reflecting lower market pricing and consumption of higher-cost inventory.

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Albemarle (NYSE: ALB) declared a quarterly common stock dividend of $0.41 per share, payable on Jan. 4, 2027. Shareholders of record at the close of business on Dec. 18, 2026, will receive the payment. The dividend has an annualized rate of $1.64 per share.

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General Motors (NYSE: GM) reported third-quarter U.S. vehicle sales of 670,974, as its electric-vehicle sales fell sharply from a year earlier. Total sales declined 5.5%; EV sales fell about 62% to 25,213 from 66,501. The prior-year quarter benefited from purchases ahead of the elimination of federal incentives.

Results diverged across competitors. Rivian (NASDAQ: RIVN) delivered 19,248 vehicles, up roughly 45%, and reaffirmed 2026 delivery guidance of 65,000 to 70,000. Tesla (NASDAQ: TSLA) delivered 486,532 vehicles, down 2%, and unveiled its next-generation Roadster, with production planned for 2028. Lucid (NASDAQ: LCID) produced 2,954 vehicles, down sequentially following a shift reduction, and delivered 3,806. Albemarle (NYSE: ALB) reported second-quarter net sales of $1.7 billion, up 31.1%, and earnings of $3.52 per diluted share.

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Albemarle (NYSE: ALB) will release its third-quarter 2026 earnings after the NYSE closes on November 4, 2026.

The company will discuss the results on a conference call on November 5, 2026, at 8 a.m. EST. Investors can access the call by webcast or direct dial. The webcast link is available on Albemarle's investor website, where a replay will be posted through the News and Events page after the event.

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Albemarle (ALB) has appointed Ragnar "Rag" Udd as President and Chief Executive Officer, effective February 1, 2027. Udd will also join the Board of Directors, while current Chairman and CEO Kent Masters will move to the role of Executive Chairman upon Udd’s arrival.

Udd brings over 25 years of experience leading global resources businesses and currently serves as Chief Commercial Officer at BHP with responsibility for sales, marketing, procurement, maritime activities and commodities market strategy. He previously held senior roles across commercial, operational, technology, logistics and infrastructure functions, including President Americas for BHP’s copper and potash businesses.

Masters will serve as Executive Chairman through Albemarle’s 2027 annual shareholders meeting, overseeing Board governance, contributing to strategic planning and supporting a seamless leadership transition, while Lead Independent Director Gerald Steiner continues in his current role.

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Albemarle (NYSE: ALB) reported Q2 2026 net sales of $1.74 billion, up 31% year over year, driven by higher pricing in Energy Storage and higher pricing and volumes in Specialties. Net income attributable to Albemarle was $480 million, with diluted EPS of $3.52, versus a loss in Q2 2025.

Adjusted EBITDA rose 155% to $858 million, with Energy Storage sales up 78% to $1.28 billion and adjusted EBITDA up 229%. Specialties sales increased 20% to $423 million, and adjusted EBITDA rose 61%. First-half operating cash flow reached $1.1 billion, free cash flow was $638 million, and liquidity at June 30, 2026 was about $3.2 billion with net debt to adjusted EBITDA of ~0.5x.

For 2026, Albemarle outlines lithium price-based scenarios with net sales between $4.1–$7.8 billion and adjusted EBITDA between $0.9–$4.4 billion, raises its Specialties outlook to $1.4–$1.6 billion in sales and $275–$325 million in adjusted EBITDA, and cuts capital expenditure guidance to ~$500 million.

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Albemarle (NYSE: ALB) announced that its Board of Directors has appointed Eduardo Bartolomeo as a director, effective July 21, 2026. Bartolomeo adds more than 30 years of leadership experience in global industrial environments, with a focus on mining and logistics.

He previously served as CEO of Vale S.A. from 2019 to 2024 and held executive roles in base metals and logistics. He has also led Nova Transportadora do Sudeste and chaired Log-In Logística Intermodal. Bartolomeo holds two MBAs, including from MIT, and a metallurgical engineering degree. He will serve on Albemarle’s Audit & Finance Committee and the Safety, Sustainability, Operations & Capital Committee.

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Albemarle (NYSE: ALB) announced that its Board of Directors has declared a quarterly common stock dividend of $0.41 per share, equivalent to an annualized rate of $1.64 per share. The dividend is payable on Oct. 1, 2026 to shareholders of record as of the close of business on Sept. 11, 2026.

Albemarle describes itself as a global supplier of lithium and bromine-based solutions serving mobility, energy, connectivity and health markets, and notes that it regularly posts financial and investor information on its website.

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Albemarle (NYSE:ALB) will release its Q2 2026 earnings after the NYSE closes on Wednesday, August 5, 2026. A conference call and webcast to discuss results will be held on Thursday, August 6, 2026, at 8 a.m. EDT, with live access and replay via the investor website.

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Albemarle (NYSE: ALB) reported Q1 2026 results with net sales of $1.43 billion (up 33%) and adjusted EBITDA of $664 million (up 148%). Energy Storage sales rose ~70% and adjusted EBITDA increased ~196%. The company generated $248 million free cash flow, closed asset sales for $648 million, and paid down $1.3 billion of debt.

Albemarle maintained FY 2026 capex guidance of $550–$600 million, raised Specialties outlook, and expects interest expense of $120–$140 million after debt reductions; scenarios for FY 2026 results vary by lithium price environment.

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FAQ

What is the current stock price of Albemarle (ALB)?

Albemarle (ALB) last closed at $99.25.

What is the market cap of Albemarle (ALB)?

The market cap of Albemarle (ALB) is approximately $11.7B.