91.61 0.00 (0.00%)
After hours: 4:26PM EDT
|Bid||91.58 x 900|
|Ask||94.65 x 1300|
|Day's Range||91.31 - 92.63|
|52 Week Range||86.75 - 144.99|
|PE Ratio (TTM)||75.40|
|Earnings Date||Aug 6, 2018 - Aug 10, 2018|
|Forward Dividend & Yield||1.34 (1.44%)|
|1y Target Est||128.47|
CHARLOTTE, N.C., June 20, 2018 /PRNewswire/ -- Albemarle Corporation (ALB), a leader in the global specialty chemicals industry, announced that it has signed a Heads of Agreement in the field of heavy feedstock hydrocracking for the company's catalysts business unit. Sinopec Catalyst Co. Ltd. (SCC), Sinopec Fushun Research Institute of Petroleum and Petrochemicals (FRIPP), and Albemarle's catalysts business are combining strengths by cooperating in the field of catalytic hydrocracking.
A very dynamic market, quickly evolving technology and a lack of revolving consumption make a cartel-like organization of battery metal producers unlikely
NEW YORK, June 13, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Och-Ziff ...
Albemarle (ALB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
(Adds lithium exports and background) SANTIAGO, June 7 (Reuters) - Chilean copper export revenue hit its highest level in four years as crunch wage negotiations with workers at the country's biggest mine sent prices to a 2018 high, central bank data showed on Thursday. Even so, the world's leading copper producer's trade surplus fell by more than 30 percent to $679 million in May from $983 million in April. Analysts attributed the drop to firmer import revenue due to high fuel prices and rebounding investment given the new business-friendly government, while export revenues increased at a lower rate.
On May 21, Cabot (CBT) announced that it will expand the global carbon black capacity by 300,000 metric tons. The capacity expansion will be achieved through operational improvements, debottlenecking projects, and plant expansion. Cabot will make an investment of $50 million on debottlenecking projects and operational improvements.
In this article, I will take a quick look at Allgäuer Brauhaus AG’s (MUN:ALB) recent ownership structure – an unconventional investing subject, but an important one. When it comes toRead More...
CHARLOTTE, N.C. , May 29, 2018 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Eric Norris , Chief Strategy Officer, Sharon ...
Albemarle (ALB) could be an interesting play for investors as it is seeing solid earnings estimate revision in addition to having a robust industry rank.
Chile's constitutional court said it would not get involved in a dispute between a foreign-backed miner and state-run copper miner Codelco over adjoining lithium deposits in the Maricunga salt flat, according to a court document seen by Reuters on Wednesday. Salar Blanco, 50 percent-owned by Australia's Lithium Power International, with smaller stakes held by Canada's Bearing Lithium, filed suit in March before the court alleging that Codelco was constitutionally barred from mining lithium. In an accompanying lawsuit before a lower court that has not yet issued a ruling, Salar Blanco also argued that Codelco's permit overlapped its own and was issued in error.
CHARLOTTE, N.C. , May 23, 2018 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Luke Kissam , Albemarle Chairman, President and ...
Less than a year after BHP Billiton Ltd. announced plans to merge its iron ore operations with those of Rio Tinto Group in 2009, the proposal was dropped amid expectations that regulators in Europe and Asia would oppose the deal on antitrust grounds. Tianqi Lithium Corp. will pay $4.1 billion to buy Nutrien Ltd.’s 24 percent stake in Soc. Here’s how the lithium carbonate market is structured at present: North Carolina-based Albemarle Corp. is the market leader, with an 18 percent share, followed by Jiangxi Ganfeng Lithium Co. on 17 percent; SQM on 14 percent; and Tianqi on 12 percent.
CHARLOTTE, N.C. , May 14, 2018 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Scott Tozier , Albemarle Executive Vice President ...
The Albermarle Corporation (NYSE: ALB )first quarter results show that ALB stock continues to be a good choice for investors who want exposure to the electric car revolution but are looking for a cheaper, more conservative alternative to Tesla Inc (NASDAQ: TSLA ) stock. Tesla has had trouble meeting production goals and its cash position is somewhat precarious. In a previous column, I said ALB stock was a good Tesla alternative.
FMC (FMC), similar to Sociedad Química y Minera de Chile (SQM) and Albemarle (ALB), also has exposure to lithium, which makes it attractive to lithium investors (LIT). The company reported its earnings on May 2. Its EPS (earnings per share) of $1.84 beat analyst estimates of $1.6 at the time of its earnings. In the following weeks, the company saw several upgrades with the stock rising by almost 9% to $87.4 on May 10.
Albemarle (ALB) reported strong 1Q18 earnings on May 9. The company reported an adjusted EPS (earnings per share) of $1.30—an increase of 23.8% on a YoY (year-over-year) basis. Albemarle’s earnings were influenced by strong revenue growth, better operating efficiency, and improved cost control.
Sociedad Química y Minera de Chile (SQM) has continued to give a lackluster performance compared to its 2017 rally. The stock is trading almost 4% lower YTD (year-to-date), while peer (LIT) Albemarle (ALB) is down almost 23%, and FMC (FMC) is down almost 7.6% YTD as of May 10.
The S&P 500’s top losses on May 10 were: L Brands (LB) declined 7.2%. TechnipFMC (FTI) declined 5.6%. Booking Holdings (BKNG) declined 4.7%. Coty (COTY) declined 3.4%. Albemarle (ALB) declined 3.3%. L Brands