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NewMarket Corp. - NEU STOCK NEWS

Welcome to our dedicated news page for NewMarket (Ticker: NEU), a resource for investors and traders seeking the latest updates and insights on NewMarket.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect NewMarket's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of NewMarket's position in the market.

Rhea-AI Summary
NewMarket (NEU) has declared a quarterly dividend of $2.50 per share on its common stock, payable on July 1, 2024. The company operates through subsidiaries Afton Chemical , Ethyl , and American Pacific , focusing on developing chemical additives and specialty materials for various industries.
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NewMarket reported strong first quarter 2024 results with a net income of $107.7 million and earnings per share of $11.23. Petroleum additives sales were $677.3 million, with an operating profit of $150.9 million. The acquisition of American Pacific was completed in January.
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Rhea-AI Summary
NewMarket (NEU) announced the upcoming release of its first quarter 2024 earnings, with a scheduled conference call and webcast to review financial results. The company operates through subsidiaries Afton Chemical , Ethyl , and American Pacific , focusing on chemical additives and specialty materials for various industries.
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0.8%
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NewMarket Corporation (NEU) increases quarterly dividend by 11% to $2.50 per share, payable on April 1, 2024. The company operates through subsidiaries Afton Chemical Corporation, Ethyl Corporation, and American Pacific Corporation, focusing on chemical additives and specialty chemicals for petroleum, aerospace, and defense industries.
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Rhea-AI Summary
NewMarket Corporation (NYSE:NEU) reported a net income of $388.9 million and earnings per share of $40.44 for 2023. The company also announced a working capital improvement of $134 million and $361 million repaid on revolving credit facility in 2023. They acquired American Pacific Corporation (AMPAC) in January 2024.
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6.42%
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AE Industrial Partners, LP has completed the sale of American Pacific Corporation to NewMarket Corporation for $700 million in cash. American Pacific is a leading specialty materials manufacturer of critical chemicals for U.S. Government's military and space programs, with a focus on missile defense, space launch, pharmaceutical, and fire suppression applications. The company also produces Halotron BrX, an environmentally friendly fire extinguishing agent. AEI has been a supportive investment partner, helping American Pacific strengthen its leadership position and support of customers.
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0.76%
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NewMarket Corporation (NEU) has completed the acquisition of AMPAC Intermediate Holdings, LLC for approximately $700 million. AMPAC is a leading manufacturer of critical performance additives for space launch and military defense applications, with a focus on environmentally friendly fire extinguishing agents. This acquisition expands NewMarket’s exposure to mission critical, resilient sectors, and aligns with the company's long-term commitment to safety and innovation.
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0.76%
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NewMarket Corporation (NYSE: NEU) expects to release its fourth quarter and full year 2023 earnings on January 31, 2024. A conference call and webcast are scheduled for February 1, 2024, to review the financial results. NewMarket Corporation, through its subsidiaries, develops, manufactures, blends, and delivers chemical additives that enhance the performance of petroleum products.
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NewMarket Corporation (NEU) announced the acquisition of AMPAC Intermediate Holdings, LLC, the parent company of American Pacific Corporation, for approximately $700 million. AMPAC is a leading North American manufacturer of performance additives for space launch and military defense applications, including clean fire extinguishing agents. The acquisition expands NewMarket's exposure to resilient sectors, leveraging its long history in the manufacturing and specialty chemicals business.
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NewMarket Corporation declares quarterly dividend of $2.25 per share on common stock
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NewMarket Corp.

NYSE:NEU

NEU Rankings

NEU Stock Data

5.68B
7.33M
31.14%
62.44%
1.3%
All Other Miscellaneous Chemical Product and Preparation Manufacturing
Manufacturing
Link
US
Richmond

About NEU

newmarket corporation is the parent company of afton chemical corporation and ethyl corporation. as a parent company, newmarket provides the leadership, guidance, and support that will enable both afton and ethyl to succeed by meeting the demands of an ever changing market with outstanding products, technology, and service that deliver lasting quality.