Albemarle Corp Stock Price, News & Analysis

Albemarle Corporation (NYSE: ALB) will participate in virtual fireside chats with Robert W. Baird & Co. and Jefferies & Company on October 7 and October 8, 2020. Key executives, including CEO Kent Masters and CFO Scott Tozier, will discuss sustainability strategies during the October 7 session, while Eric Norris and Dr. Glen Merfeld will cover the lithium market on October 8. Webcasts will be accessible on Albemarle's investor relations page starting at 1 p.m. ET on October 7 and 11 a.m. ET on October 8, with replays available for 90 days.

Albemarle Corporation (NYSE: ALB), a leader in specialty chemicals, announced a virtual fireside chat with UBS on September 24, 2020, at 7:00 PM EDT. Key participants include Eric Norris, Meredith Bandy, and Sharon McGee from Albemarle, along with UBS representatives Glyn Lawcock and John Roberts. This audio-only event requires registration, which can be completed through a link provided in the press release. Albemarle is committed to sustainable practices in industries such as energy and transportation, leveraging its expertise in lithium and bromine.

Albemarle Corporation (NYSE: ALB) will release its third quarter 2020 earnings on November 4, 2020, after the NYSE closes. A conference call to discuss the results is scheduled for November 5, 2020, at 9:00 a.m. ET. Investors can access the call via the company's website or by phone. Due to increased demand for conference calls amid the COVID-19 pandemic, participants are encouraged to use the webcast link to avoid wait times. An online replay of the call will be available for 12 months on their website.

Albemarle Corporation (NYSE: ALB) has been chosen by the U.S. Department of Energy (DOE) for two significant lithium research projects over the next three years, focusing on enhancing lithium production and battery performance. The first project, with Argonne National Laboratory, aims for U.S. lithium independence by streamlining lithium production processes. The second project, in collaboration with Pacific Northwest National Laboratory, targets the commercialization of high-energy cathodes for electric vehicles. These initiatives underline Albemarle's commitment to advancing lithium technology and improving battery life.

Albemarle Corporation (NYSE: ALB), a leader in specialty chemicals, will attend the RBC Capital Markets Global Industrials virtual conference on Sept. 15, 2020. Bromine President Netha Johnson will present a fireside chat at 3:40 p.m. ET, with a webcast available on the Albemarle website. Other executives, including Meredith Bandy and Sharon McGee, will participate in one-on-one discussions. Albemarle specializes in lithium, bromine, and refining catalysts, focusing on sustainability across various industries.

Albemarle Corporation (NYSE: ALB) reported Q2 2020 net income of $86 million ($0.80 per diluted share), down 44.5% year-over-year, with adjusted EBITDA declining 29% to $185 million on net sales of $764 million (-14%). The company's lithium and catalysts segments faced significant price drops, leading to lower overall sales. Despite this, Albemarle maintained a quarterly dividend of $0.385, showing a commitment to shareholder returns. Looking ahead, Q3 2020 is expected to see further declines in performance due to ongoing pandemic-related challenges.

Albemarle Corporation (NYSE: ALB) has declared a quarterly dividend of $0.385 per share, translating to an annualized rate of $1.54. This dividend is payable on October 1, 2020, for shareholders on record as of September 18, 2020. The company, based in Charlotte, N.C., is a leader in specialty chemicals, particularly in lithium, bromine, and refining catalysts, emphasizing a sustainable business approach. Albemarle aims to provide innovative solutions across critical industries like energy, electronics, and transportation.

Albemarle Corporation (NYSE: ALB) will release its second-quarter 2020 earnings on Wednesday, Aug. 5, 2020, after market close. A conference call to discuss the results is scheduled for Thursday, Aug. 6, at 9:00 a.m. ET. It will be accessible via Albemarle's website and telephone. Due to COVID-19, participants are encouraged to use the webcast to avoid wait times. The company specializes in lithium, bromine, and refining catalysts and aims to deliver sustainable solutions across various critical industries.