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NL Industries, Inc. - NL STOCK NEWS

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

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.

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On May 16, 2024, NL Industries (NYSE: NL) announced a quarterly dividend of $0.08 per share, payable on June 25, 2024, to shareholders of record as of June 10, 2024. The company also revealed the results of its 2024 annual shareholder meeting, where shareholders elected Loretta J. Feehan, John E. Harper, Kevin B. Kramer, Meredith W. Mendes, Cecil H. Moore, Jr., Courtney J. Riley, and Michael S. Simmons as directors for one-year terms. Additionally, a resolution approving the compensation of executive officers on a nonbinding advisory basis was adopted. NL Industries operates in the component products and chemicals sectors, specifically in security products, recreational marine components, and TiO2.

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NL Industries, Inc. (NYSE: NL) reported net income of $6.8 million in Q1 2024, compared to a net loss in Q1 2023. CompX net sales decreased to $38.0 million in Q1 2024. Kronos saw a 12% increase in net sales to $478.8 million in Q1 2024, driven by higher sales volumes and lower TiO2 selling prices.

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NL Industries, Inc. reported a net loss for the full year of 2023, compared to a net income in 2022. Net sales increased in the fourth quarter of 2023 but decreased for the full year. Kronos, a subsidiary, saw a decrease in net sales for 2023 due to lower sales volumes and TiO2 selling prices.
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NL Industries, Inc. (NYSE: NL) declares a quarterly dividend of $0.08 per share on its common stock, payable on March 21, 2024. The company operates in component products and chemicals businesses.
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NL Industries, Inc. reported a net loss of $.1 million in Q3 2023, compared to a net loss of $8.9 million in Q3 2022. Net sales were $40.3 million in Q3 2023, a decrease from $42.9 million in Q3 2022. Income from operations increased to $6.6 million in Q3 2023. Kronos, a subsidiary of NL Industries, reported a net loss of $25.3 million in Q3 2023, compared to income from operations of $30.8 million in Q3 2022.
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NL Industries, Inc. declares a quarterly dividend of $0.07 per share on its common stock, payable on December 19, 2023. The company is engaged in component products and chemicals businesses.
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NL Industries reports a net loss of $6.7 million in Q1 2023 compared to net income of $18.6 million in Q1 2022. CompX net sales decreased to $41.2 million. Kronos' net sales were 24% lower than in Q1 2022. Kronos' loss from operations was $18.3 million compared to income of $83.3 million in Q1 2022.
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FAQ

What is NL Industries, Inc.?

NL Industries, Inc. is a leading manufacturer of engineered components, primarily operating through its subsidiary CompX International Inc.

Where is NL Industries, Inc. located?

NL Industries, Inc. is located at 7007 Boeing Dr, El Paso, Texas, United States.

What industries does NL Industries serve?

NL Industries serves a diverse range of industries including recreational transportation, postal services, office and institutional furniture, cabinetry, tool storage, healthcare, gas stations, and vending equipment.

What products does CompX International produce?

CompX International produces precision ball bearing slides, security products, and ergonomic computer support systems.

Where are CompX International's production facilities located?

CompX International has three production facilities located within the United States.

What is NL Industries' main revenue source?

NL Industries derives the majority of its revenue from European markets.

How does NL Industries maintain its financial stability?

NL Industries maintains its financial stability through strategic partnerships, continuous project developments, and a strong presence in international markets.

What sets NL Industries apart from its competitors?

NL Industries sets itself apart with its commitment to quality, innovation, and a diverse product lineup tailored to various industries.

Why should investors consider NL Industries?

Investors should consider NL Industries for its proven track record, strong international presence, and continuous growth in the engineered components industry.

How has NL Industries adapted to market challenges?

NL Industries has adapted to market challenges by focusing on technological advancements, expanding its product line, and maintaining strong customer relationships.

NL Industries, Inc.

NYSE:NL

NL Rankings

NL Stock Data

296.74M
48.83M
83.03%
11.74%
0.22%
Ball and Roller Bearing Manufacturing
Manufacturing
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United States of America
DALLAS