Celanese Corporation Class A Stock News

BRIDGEWATER, N.J.--(BUSINESS WIRE)--Henkel and Celanese collaborate to offer adhesives made from captured CO2 emissions.

DALLAS--(BUSINESS WIRE)--Celanese Releases 2023-2024 Sustainability Report and Index.

Celanese Corporation's acquisition of DuPont's Materials & Mobility business led to high leverage at a good point in the cycle. Despite initial optimism, Celanese's earnings came down, pushing up leverage ratios a lot. Recent actions to address this include a 95% dividend cut, production idling, and cost-saving measures, but market conditions will ultimately dictate the outcome.

Now is the time to be choosy — it's likely that some individual small caps have gotten way ahead of themselves.

Shares of Celanese (CE) dropped 26% yesterday. At least one Wall Street analysts says it's time to get back on board.

Celanese (CE) was the worst-performing stock in the S&P 500 on Tuesday after the chemicals supplier posted results that were worse than expected, slashed its dividend, and said it would cut production because of falling sales.

Celanese Corporation (NYSE:CE ) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Bill Cunningham - VP, IR Lori Ryerkerk - Chairman and CEO Scott Richardson - COO Chuck Kyrish - CFO Conference Call Participants Vincent Andrews - Morgan Stanley Mike Leithead - Barclays Michael Sison - Wells Fargo Jeff Zekauskas - JP Morgan Ghansham Panjabi - Baird Josh Spector - ...

Celanese reported third-quarter adjusted earnings of $2.44 a share on sales of $2.6 billion.