NewMarket Corporation Stock News

RICHMOND, Va.--(BUSINESS WIRE)--The Board of Directors of NewMarket Corporation (NYSE: NEU) declared a quarterly dividend in the amount of $2.75 per share on the common stock of the Corporation, an increase of $0.25, or 10%, as compared to the last quarterly dividend of $2.50 per share. The dividend is payable April 1, 2025, to NewMarket shareholders of record at the close of business on March ...

NewMarket's 2024 performance exceeded expectations with strong petroleum additives results, reducing net debt significantly post-AMPAC acquisition. Full-year operating profit rose by 19%, net profit increased to $462M, and EPS jumped to $48.22. The company generated robust free cash flow of $492M, aiding rapid debt reduction. Net debt to EBITDA ratio improved to less than 1.2.

NewMarket Corporation (NYSE:NEU ) Q4 2024 Earnings Conference Call February 4, 2025 3:00 PM ET Company Participants Timothy Fitzgerald - VP & CFO Operator Good day, everyone, and welcome to the NewMarket Corporation Schedules Conference Call and Webcast to review the Fourth Quarter 2024 Financial Results. At this time all participants have been placed on a listen-only mode.

RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE:NEU) Chairman and Chief Executive Officer, Thomas E. Gottwald, released the following earnings report of the Company's operations for the fourth quarter and full year of 2024. Net income for the fourth quarter of 2024 was $110.7 million, or $11.56 per share, compared to net income of $80.4 million, or $8.38 per share, for the same peri...

RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) announced today it expects to release fourth quarter and full year 2024 earnings at the close of business on Monday, February 3, 2025. The earnings announcement will also be available on the Company's website at www.NewMarket.com the following day. A conference call and webcast are scheduled for 3:00 pm ET on Tuesday, February 4,...

RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) (the “Company”) announces today that Bryce D. Jewett III has been elected Executive Vice President and General Counsel, effective January 1, 2025. He had previously been serving as Vice President and General Counsel of the Company. Prior to joining the Company in 2020, Mr. Jewett was a Partner at McGuireWoods LLP where his practi...

RICHMOND, Va.--(BUSINESS WIRE)--The Board of Directors of NewMarket Corporation (NYSE: NEU) (the “Company”) approved a new share repurchase program authorizing management to repurchase up to $500 million of the Company's outstanding common stock through December 31, 2027, as market conditions warrant and covenants under the Company's existing debt agreements permit. The new repurchase program w...

RICHMOND, Va.--(BUSINESS WIRE)--The Board of Directors of NewMarket Corporation (NYSE: NEU) declared a quarterly dividend in the amount of $2.50 per share on the common stock of the Corporation. The dividend is payable January 2, 2025, to NewMarket shareholders of record at the close of business on December 16, 2024. NewMarket Corporation is a holding company operating through its subsidiaries ...