ALB - Albemarle Corporation

NYSE - NYSE Delayed Price. Currency in USD
95.67
-0.65 (-0.67%)
At close: 4:00PM EDT

95.67 +0.03 (0.03%)
After hours: 4:17PM EDT

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Previous Close96.32
Open96.24
Bid95.63 x 2200
Ask95.60 x 1300
Day's Range94.55 - 96.85
52 Week Range86.75 - 144.99
Volume1,176,594
Avg. Volume1,480,412
Market Cap10.375B
Beta (3Y Monthly)1.33
PE Ratio (TTM)31.93
EPS (TTM)3.00
Earnings DateNov 7, 2018
Forward Dividend & Yield1.34 (1.39%)
Ex-Dividend Date2018-09-13
1y Target Est124.68
Trade prices are not sourced from all markets
  • Reuters9 hours ago

    A water fight in Chile's Atacama raises questions over lithium mining

    Earlier this year, the world's two biggest lithium producers publicly celebrated new deals with Chile's government that will allow them to vastly increase output of the ultralight battery metal from the Atacama, the world's driest desert. U.S.-based Albemarle Corp and Chile's SQM operate just 3 miles (5 km) apart in the remote Salar, a basin in the Atacama that is home to one of the world's richest deposits of high-grade lithium. In celebrating the new contracts, the two companies said they were confident they could significantly boost output without drawing more than their current quotas of lithium-rich brine, or saltwater, that has for millennia accumulated in pools beneath the Atacama.

  • Reuters9 hours ago

    A water fight in Chile's Atacama raises questions over lithium mining

    Earlier this year, the world's two biggest lithium producers publicly celebrated new deals with Chile's government that will allow them to vastly increase output of the ultralight battery metal from the Atacama, the world's driest desert. U.S.-based Albemarle Corp and Chile's SQM operate just 3 miles (5 km) apart in the remote Salar, a basin in the Atacama that is home to one of the world's richest deposits of high-grade lithium. In celebrating the new contracts, the two companies said they were confident they could significantly boost output without drawing more than their current quotas of lithium-rich brine, or saltwater, that has for millennia accumulated in pools beneath the Atacama.

  • Reuters19 hours ago

    Chile to seek international arbitration over Albemarle contract

    The Chilean government said on Wednesday it would seek international arbitration over what it alleged was the failure of lithium miner Albemarle Corp to adhere to the terms of a contract drawn up in 2016. Under the contract, U.S.-based Albemarle had to provide as much as 25 percent of its annual production at a discount to companies seeking to produce battery metals within Chile. Albemarle said it regretted the need for arbitration, but decried what it considered the "substantial difference" between the contractual agreement and what Corfo is now demanding.

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  • Cabot Will Participate in Vehicle Technologies Research
    Market Realist3 days ago

    Cabot Will Participate in Vehicle Technologies Research

    In a press release on October 10, Cabot (CBT) said that the Department of Energy selected the company to participate in advanced vehicle technologies research. The Department of Energy has initiated 42 projects in advanced vehicle technologies that could help in affordable mobility. The Department of Energy has set aside $80 million to be invested in the field—$32 million is allocated towards battery and electrification. The Department of Energy’s $2.9 million assistance should boost the company’s research.

  • Can Albemarle (ALB) Keep the Earnings Surprise Streak Alive?
    Zacks3 days ago

    Can Albemarle (ALB) Keep the Earnings Surprise Streak Alive?

    Albemarle (ALB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

  • Simply Wall St.4 days ago

    Are Albemarle Corporation (NYSE:ALB) Shareholders Getting A Good Deal?

    If you are currently a shareholder in Albemarle Corporation (NYSE:ALB), or considering investing in the stock, you need to examine how the business generates cash, and how it is reinvested. Read More...

  • Morningstar6 days ago

    Climate Report Bolsters Our Outlook for Electric Vehicles

    The Intergovernmental Panel on Climate Change released a report this week that calls for faster electric vehicle and hybrid adoption as part of the actions needed to limit the effects of climate change. The report will be a key topic at the Katowice Climate Change Conference in December, where governments from around the world will review the Paris agreement. Over the next decade, battery electric vehicles will reach cost parity with internal combustion engines.

  • Cal-Maine Foods to Acquire Assets of Featherland Egg Farms
    Zacks7 days ago

    Cal-Maine Foods to Acquire Assets of Featherland Egg Farms

    Cal-Maine Foods (CALM) inks deal to acquire the egg production, processing, sales and distribution business of Featherland Egg Farms.

  • Reuters8 days ago

    Chile studying possible lithium trade on LME -mines minister

    Chile has called for lithium to be traded on the London Metals Exchange to provide greater "clarity" about its value, mining minister Baldo Prokurica said on Wednesday. At present, lithium producers negotiate contracts with buyers but the terms of the deals are not made public. In July, the London Metal Exchange asked companies that assess prices of battery-grade lithium to submit proposals to supply a reference for cash-settled contracts it plans to launch next year.

  • Reuters10 days ago

    Albemarle shares drop after media report on Chile lithium quota

    Shares of Albemarle Corp fell more than 2 percent on Monday after a newspaper reported that Chile's nuclear regulator has refused to increase the company's lithium production quota. The report, which has yet to be confirmed by officials, would be a blow to the world's largest lithium producer's aim to increase output of the light metal used to make batteries for electric vehicles. The Chilean Nuclear Energy Commission (CCHEN) refused to boost Albemarle’s production quota, even after the company received prior approvals for an increase from state development agency Corfo, according to a story published in the La Tercera newspaper over the weekend.

  • Reuters12 days ago

    Chile regulator refuses to raise Albemarle lithium output quota -newspaper

    The Chilean Nuclear Energy Commission (CCHEN) refused to increase the lithium production quota for U.S.-based Albemarle Corp, which had already gotten approval for an increase from a national development agency, a local newspaper said on Saturday. Following a request from Albemarle "for an increase of 258,446 metric tons of Metallic Lithium Equivalent ... based on a declared improvement in efficiency of its operations, it was decided that the information provided was not sufficient to justify the increase," Patricio Aguilera, executive director of CCHEN, said in a story published in the newspaper La Tercera. Neither CCHEN nor Albemarle were immediately available for comment.

  • 5 Chemical Stocks That Are Poised for Solid Upside in Q4
    Zacks13 days ago

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  • Reuters14 days ago

    Chile weighs arbitration with top lithium producer Albemarle

    The Chilean state agency that oversees lithium mining in the country´s Atacama salt flat will decide within a week whether to take top producer Albemarle Corp to arbitration in a contract dispute, an attorney for the agency said on Wednesday. Maria Elina Cruz, an attorney for Chile state development agency Corfo, said Albemarle has failed to reply to questions about a contract the agency signed with Albemarle in 2016. In exchange, the contract with Corfo requires Albemarle to offer as much as 25 percent of its annual production capacity at a discounted rate to companies seeking to produce battery materials within Chile, a deal intended to spur a value-added lithium industry within the Andean nation.

  • PR Newswire16 days ago

    Albemarle Corporation to release third quarter 2018 earnings results on Wednesday, Nov. 7, 2018

    Conference call to be held on Nov. 8, 2018 at 9:00 a.m. ET CHARLOTTE, N.C. , Oct. 2, 2018 /PRNewswire/ --  Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced ...

  • PR Newswire21 days ago

    Albemarle Corporation to Attend Benchmark Minerals Cathodes 2018 Conference

    CHARLOTTE, N.C. , Sept. 27, 2018 /PRNewswire/ --  Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Eric Norris , Albemarle President, Lithium, ...

  • Reuters21 days ago

    Albemarle eyes future as pure-play lithium market leader

    Albemarle Corp, the world's largest lithium producer, aims to eventually end its dependence on two smaller units to fund growth as global appetite surges for electric-powered vehicles and consumer goods, its chief executive said in an interview. Albemarle's lithium earnings have jumped nearly six-fold since 2014 to more than $500 million annually and should significantly exceed 50 percent of corporate earnings by 2021, Chief Executive Luke Kissam said in an interview. Lithium earnings, so far, are not enough to fund expansions in Chile and other regions in which Albemarle operates, even with margins above 40 percent.

  • Reuters21 days ago

    Foreign-backed miner hopes to begin Chilean lithium project in 2020

    Foreign-backed Salar Blanco expects to begin construction on its lithium mining project at the beginning of 2020 in Chile's north, once its environmental permit is approved by the government. Salar Blanco CEO Cristobal Garcia-Huidobro said he expects it to be approved by the end of next year. Garcia-Huidobro said the company is in talks with Chilean authorities to finalize the project's operation, considering it already has the permission of the nuclear power regulator.

  • Business Wire21 days ago

    Bank of America and Albemarle Corporation Announce $20 Million Investment in Driving Economic Mobility in Charlotte

    Funds Will Be Invested in Nonprofits With a Proven Track Record for Success in Addressing Key Factors That Impact Economic Mobility

  • Bank of America, Albemarle Corp. commit $20M to economic mobility in Charlotte
    American City Business Journals21 days ago

    Bank of America, Albemarle Corp. commit $20M to economic mobility in Charlotte

    Charlotte-based companies Bank of America Corp. and Albemarle Corp. are committing $20 million over the next five years to support economic mobility in the Queen City.

  • Albemarle Stock Initiated at Sell: What You Need to Know
    Motley Fool22 days ago

    Albemarle Stock Initiated at Sell: What You Need to Know

    Vertical Research penned the report that trashed the lithium industry. Yesterday, a similarly named firm took aim at one of its stars.

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  • Cabot Plans to Increase Activated Carbon Prices Globally
    Market Realist24 days ago

    Cabot Plans to Increase Activated Carbon Prices Globally

    On September 21, Cabot (CBT) announced that it plans to increase activated carbon prices. The price increase will be effective on October 1 or as the contract allows. The price increase will be 5%–10% globally.

  • Is Albemarle Corporation’s (NYSE:ALB) Balance Sheet Strong Enough To Weather A Storm?
    Simply Wall St.27 days ago

    Is Albemarle Corporation’s (NYSE:ALB) Balance Sheet Strong Enough To Weather A Storm?

    Investors seeking to preserve capital in a volatile environment might consider large-cap stocks such as Albemarle Corporation (NYSE:ALB) a safer option. Doing business globally, large caps tend to have diversifiedRead More...

  • SQM vs. Albemarle vs. FMC Corp.: Which Had the Best Lithium Results in Q2?
    Motley Fool28 days ago

    SQM vs. Albemarle vs. FMC Corp.: Which Had the Best Lithium Results in Q2?

    If you're interested in lithium stocks, this comparison should help you make investment decisions.