ALB - Albemarle Corporation
81.38 0.00 (0.00%)
After hours: 4:57PM EST
| Previous Close | 81.32 |
| Open | 81.18 |
| Bid | 81.20 x 800 |
| Ask | 82.00 x 800 |
| Day's Range | 80.77 - 81.96 |
| 52 Week Range | 58.63 - 93.14 |
| Volume | 1,847,486 |
| Avg. Volume | 1,713,593 |
| Market Cap | 8.629B |
| Beta (5Y Monthly) | 1.68 |
| PE Ratio (TTM) | 15.13 |
| EPS (TTM) | 5.38 |
| Earnings Date | Feb 18, 2020 |
| Forward Dividend & Yield | 1.47 (1.81%) |
| Ex-Dividend Date | Dec 10, 2019 |
| 1y Target Est | 74.47 |
- Reuters
Lithium Americas moves closer to Nevada mine approval
U.S. regulators have moved a step closer toward approving Lithium Americas Corp's Nevada mine for the white metal, launching a review process that could result in final permits to build by 2021. Albemarle Corp is the only current U.S. producer of lithium. The U.S. Department of the Interior filed paperwork to ask for public comment over the next year on the Thacker Pass project's environmental impact statement, according to a post on a government website dated Jan. 21.
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Albemarle Set to Gain on Lithium Demand Amid Pricing Woes
Albemarle (ALB) benefits from strong demand for lithium in battery-grade applications and its expansion initiatives.
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At US$75.86, Is It Time To Put Albemarle Corporation (NYSE:ALB) On Your Watch List?
Albemarle Corporation (NYSE:ALB), which is in the chemicals business, and is based in United States, received a lot of...
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Here's Why You Should Hold Onto Albemarle (ALB) Stock for Now
Albemarle (ALB) gains from strong demand for lithium and its expansion actions amid a challenging pricing environment.
- Reuters
Chilean lithium miner SQM dealt blow by environmental court ruling
A Chilean environmental court has upheld a complaint by indigenous communities in the country´s northern Atacama Desert about the use of water by SQM, the world´s No. 2 producer of lithium. The decision by the First Environmental Court in the nearby city of Antofagasta calls into jeopardy SQM´s $400 million plan to expand its lithium carbonate production plant to feed appetite for the ultralight battery metal. Water has become a key sticking point for the expansion plans of both SQM and top competitor Albemarle , both of which operate in the salt flats of the Atacama, the world’s driest desert, which supply more than one-third of the global supply of lithium, a key ingredient in the batteries that power electric vehicles.
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Is Albemarle Corporation (NYSE:ALB) A Smart Pick For Income Investors?
Today we'll take a closer look at Albemarle Corporation (NYSE:ALB) from a dividend investor's perspective. Owning a...
- Reuters
UPDATE 1-Albemarle CEO says long-term lithium demand remains 'robust'
Albemarle Corp, the world's largest lithium producer, expects robust long-term demand for the electric vehicle battery mineral despite troubles in the existing market resulting from oversupply, Chief Executive Luke Kissam said on Thursday. The outlook comes as shareholder anxiety about Albemarle and its peers has escalated in recent months, with the industry having produced far more of the white metal than EV makers currently need. Wall Street analysts have downgraded Albemarle and dinged Kissam's management as a result, with JPMorgan analysts going so far as to say the company is "overvalued." Albemarle's shares are down 16 percent since January.
- PR Newswire
Albemarle Hosts Investor Day and Provides Update on Long-term Strategy
Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, will discuss its strategy to deliver profitable growth, accelerate operational efficiency and improve free cash flow to drive shareholder value at its 2019 Investor Day today in New York City.
- Insider Monkey
Hedge Funds Are Selling Albemarle Corporation (ALB)
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Why Is Albemarle (ALB) Down 10.8% Since Last Earnings Report?
Albemarle (ALB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Reuters
Chile eyes state-backed lithium push in far-flung salt flats
Chile's Atacama salt flat may get all the attention when it comes to lithium, but the South American nation is looking to develop two lesser-known deposits of the mineral needed to power a global push into electric cars. Chile's mining minister, Baldo Prokurica, told Reuters on a trip to the Atacama region the government had asked state-owned copper giant Codelco and smaller state miner National Mining Company, Enami, to forge ahead with lithium projects in the region. "It seems to me, to say the least, a sin that companies with lithium holdings like this are not even working them," Prokurica said on a tour of the Aguilar and Infieles salt flats.
- Simply Wall St.
Did Albemarle Corporation (NYSE:ALB) Insiders Buy Up More Shares?
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...
- Reuters
UPDATE 2-Lithium miner SQM dodges impacts from Chile protests, hit by lower prices
Chilean miner SQM, the world's No. 2 lithium producer, said a month of violent protests in the South American nation would not dent the company's sales or volume forecasts for 2019. "We have had some issues with transit of our products, workers and contractors," said SQM CEO Ricardo Ramos of the company's operations. "We are going to deliver our products to our customers according to our previous forecast despite the situation in Chile," Ramos told investors on a conference call on Thursday.
- Thomson Reuters StreetEvents
Edited Transcript of ALB earnings conference call or presentation 7-Nov-19 2:00pm GMT
Q3 2019 Albemarle Corp Earnings Call
- Reuters
UPDATE 1-Lithium producers hit by first big downturn of electric vehicle era
The burgeoning lithium industry, which produces the powerhouse metal used to make electric vehicle (EV) batteries, has entered its first major downturn, an unwelcome bruising for investors eager to help combat climate change. Albemarle Corp, Tianqi Lithium Corp and others have been producing more lithium than automakers need. "Current market conditions are challenging," Luke Kissam, Albemarle's chief executive officer, said last week.
- GuruFocus.com
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- Moody's
Albemarle Corporation -- Moody's announces completion of a periodic review of ratings of Albemarle Corporation
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Albemarle Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
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