Welcome to our dedicated page for N L Inds news (Ticker: NL), a resource for investors and traders seeking the latest updates and insights on N L Inds stock.
NL Industries, Inc. (NYSE: NL) generates a steady flow of news through its role in component products and titanium dioxide (TiO2) chemicals. This page aggregates company press releases and third-party coverage so readers can follow how developments in security products, recreational marine components and TiO2-related activities influence the NL stock story over time.
Company announcements frequently cover quarterly and annual earnings results, where NL reports net income or loss attributable to its stockholders, segment performance at CompX and equity in earnings or losses of Kronos Worldwide, Inc. These releases often highlight trends in CompX’s net sales and segment profit, including changes in demand from the government security, towboat, government and industrial markets, as well as the impact of unrealized gains or losses on marketable equity securities.
Investors can also find dividend-related news, including declarations of regular quarterly dividends and special cash dividends on NL’s common stock, documented in press releases and corresponding Form 8-K filings. Additional coverage may include updates on shareholder meetings, such as the election of directors and advisory votes on executive compensation.
Because NL recognizes equity in the results of Kronos, news about TiO2 sales volumes, selling prices, production rates, acquisitions such as the remaining interest in Louisiana Pigment Company, L.P., and currency effects at Kronos can appear in NL’s earnings releases and influence its reported results. By reviewing this news feed, readers can see how operating conditions in component products and TiO2 chemicals, along with legal, environmental and financial factors described by the company, are reflected in ongoing disclosures. Bookmark this page to quickly access NL’s latest reported results, dividend announcements and other material company communications as they are released.
NL Industries, Inc. (NYSE: NL) announced a quarterly dividend of $0.04 per share, payable on September 15, 2020, to shareholders on record as of September 1, 2020. The company operates in the component products and titanium dioxide sectors, showcasing its diverse portfolio. The dividend reflects the Board's confidence in the company's financial stability and commitment to shareholder returns.
NL Industries reported a net income of $4.6 million ($0.09/share) for Q2 2020, down from $5.9 million ($0.12/share) in Q2 2019. Year-to-date, net income dropped to $6.5 million ($0.13/share) from $21.1 million ($0.43/share) in 2019. CompX net sales fell to $23.8 million in Q2 2020, a decrease from $33.7 million in Q2 2019. Kronos reported a 20% decline in net sales to $386 million in Q2 2020 due to lower sales volumes and TiO2 prices. The COVID-19 pandemic adversely affected operations, resulting in significant declines across the board.
NL Industries, Inc. (NYSE: NL) declared a quarterly dividend of $0.04 per share, payable on June 23, 2020, to shareholders of record as of June 9, 2020. During the 2020 annual shareholder meeting, shareholders elected six directors for a one-year term and approved the compensation of named executive officers on a nonbinding advisory basis. NL Industries operates in the component products (including security and marine components) and titanium dioxide sectors.
NL Industries reported a net income of $1.9 million ($0.04 per share) for Q1 2020, down from $15.2 million ($0.31 per share) in Q1 2019, attributed to a $12.1 million unrealized loss on marketable equity securities. CompX saw net sales increase to $32.3 million, driven by higher security product sales, while Kronos' net sales fell 4% to $421.0 million due to lower sales volumes, particularly in North America. Kronos' income from operations also decreased from $49.0 million to $43.5 million. The company anticipates lower sales and earnings for the remainder of 2020 due to potential impacts from the COVID-19 pandemic.