NewMarket Corporation

NewMarket Corporation Announces Quarterly Dividend

NewMarket Corporation's Board of Directors declared a quarterly dividend of $3.00 per share on the company's common stock. The dividend is payable on October 1, 2026, to shareholders of record at the close of business on September 15, 2026. NewMarket operates through its subsidiaries, including Afton Chemical and Ethyl Corporation, which focus on petroleum additives and specialty materials.

•2mo ago

NEU: 10-Q · periodic report

NewMarket Corporation reported net sales of $747.1 million for the second quarter of 2026, a 7.0% increase from the prior year, driven by higher selling prices and the inclusion of the recently acquired Calca Solutions. Net income rose to $133.8 million, or $14.54 per share, up from $111.2 million, or $11.84 per share, in the same period last year. The specialty materials segment contributed significantly to the growth, with sales increasing to $67.2 million for the quarter compared to $42.0 million a year ago. The petroleum additives segment maintained solid operating margins despite a slight decline in shipment volumes, supported by pricing surcharges implemented to offset rising costs. The company's financial position remains robust with cash and cash equivalents increasing to $93.6 million and total debt decreasing to $854.8 million. NewMarket continued to return capital to shareholders through $126.4 million in share repurchases and $55.6 million in dividends during the first six months of the year.

SEC 10-Q•2mo ago

NewMarket Corporation Reports Second Quarter and First Half 2026 Results

NewMarket Corporation reported Q2 2026 net income of $133.8 million, or $14.54 per share, a significant increase from $111.2 million, or $11.84 per share, in the prior year. First half net income reached $251.8 million with segment operating profit climbing to $319 million, driven by strong performance in petroleum additives and growth in specialty materials following the Calca acquisition. The company generated solid cash flow, funding $51.7 million in capital expenditures while returning substantial capital to shareholders through $55.6 million in dividends and $126.4 million in share repurchases. These actions reduced the Net Debt to EBITDA ratio to 1.0x. Management highlighted the strength of the Specialty Materials segment and announced plans to expand production capacity for ammonium perchlorates and high-purity hydrazine by the end of 2026 to support aerospace and defense markets.

•2mo ago

NewMarket Corporation Announces Quarterly Dividend

NewMarket Corporation's Board of Directors declared a quarterly dividend of $3.00 per share on the company's common stock. The dividend is payable on July 1, 2026, to shareholders of record at the close of business on June 15, 2026. NewMarket operates as a holding company through subsidiaries including Afton Chemical and Ethyl Corporation, focusing on petroleum additives and aerospace propellants.

•6mo ago