|Bid||9.11 x 3000|
|Ask||9.15 x 3000|
|Day's Range||9.02 - 9.20|
|52 Week Range||9.02 - 24.74|
|Beta (5Y Monthly)||3.03|
|PE Ratio (TTM)||2.50|
|Forward Dividend & Yield||0.20 (2.13%)|
|Ex-Dividend Date||Nov 11, 2019|
|1y Target Est||N/A|
United States Steel Corporation (NYSE:X) today announced the relaunch of the United States Steel Foundation Sons & Daughters Scholarship Program. The U. S. Steel Sons and Daughters Scholarships Program supports high-achieving children of U. S. Steel employees who wish to pursue higher education. Created in 1995, the U. S. Steel Sons & Daughters Scholarships Program has awarded scholarships to 417 scholars in the United States.
United States Steel Corporation (NYSE:X) today proudly announced that it received a score of 100 percent on the Human Rights Campaign Foundation’s 2020 Corporate Equality Index (CEI), the nation’s premier benchmarking survey and report measuring corporate policies and practices related to LGBTQ workplace equality. “U. S. Steel is honored to be recognized by the Human Rights Campaign Foundation for our efforts to foster a workplace culture in which every employee feels valued and a sense of belonging, including those who are part of the LGBTQ community,” said U. S. Steel president and Chief Executive Officer David B. Burritt.
PITTSBURGH, Jan. 17, 2020 -- United States Steel Corporation (NYSE: X) announced today that interested stockholders, investors and others may listen to the company’s fourth.
United States Steel Corporation (NYSE:X) President and Chief Executive Officer David B. Burritt today announced several highlights of the company’s 2019 safety performance and thanked employees for their commitment to preserving U. S. Steel’s primary core value. In addition, Burritt recognized the United Steelworkers (USW) for their partnership in driving floor-level engagement activities and ensuring a safe working environment. Highlights of U. S. Steel’s 2019 safety performance include exceptional year-over-year improvements as well as an internal record in its Days Away From Work case rate.
Adjusting capital allocation strategy to move faster towards world-competitive, “best of both” strategyUpdating stakeholders on accelerating progress towards achieving goal of.
United States Steel Corporation (NYSE:X) today announced additional actions to competitively position the company for the future. U. S. Steel intends to indefinitely idle a significant portion of its Great Lakes Works operation near Detroit, Mich. The company expects to begin idling the iron and steelmaking facilities on or around April 1, 2020, and the Hot Strip Mill rolling facility before the end of 2020. This decision is another step to advance U. S. Steel’s strategy to become a world-competitive, “best of both” company by combining leading integrated and mini-mill steel technology.
United States Steel Corporation (NYSE:X) today took another step in the execution of its strategy to become the “best of both” in the steel industry with the announcement of its plans to reduce greenhouse gas emissions intensity across its global footprint. The company has set a goal to reduce its global greenhouse gas emissions intensity by 20 percent, as measured by the rate of carbon dioxide (CO2) equivalents emitted per ton of finished steel shipped, by 2030 based on 2018 baseline levels. This target will apply to U. S. Steel’s global operations.
Today, U. S. Steel Tubular Products, Inc., a subsidiary of United States Steel Corporation (NYSE:X), announced that Vicki Hollub, president and chief executive officer of Occidental Petroleum Corporation, is the recipient of the Chief Roughneck Award for 2019. The announcement was made at the 90th annual meeting of the Independent Petroleum Association of America (IPAA). U. S. Steel Senior Vice President – Industrial, Service Center, Mining Solutions and Tubular Operations Douglas R. Matthews presented Ms. Hollub with the traditional Chief Roughneck bronze bust and hard hat.
PITTSBURGH, Oct. 31, 2019 -- United States Steel Corporation (NYSE: X) announced today that its Board of Directors declared a dividend of $0.05 per share on U. S. Steel Common.
Net loss of $(84) million, or $(0.49) per diluted shareAdjusted net loss of $(35) million, or $(0.21) per diluted shareAdjusted EBITDA of $144 million PITTSBURGH, Oct. 31,.
United States Steel Corporation (NYSE:X) (“U. S. Steel”) today announced that it has completed its acquisition of a 49.9% ownership interest in Big River Steel (“Big River”) for approximately $700 million, which implies an enterprise value of $2.325 billion. “Today is a true milestone for our 118-year old company,” said David B. Burritt, President and Chief Executive Officer of U. S. Steel. “The closing of our investment in Big River brings us one step closer to creating a differentiated, world-competitive company that can offer our customers, employees and stockholders the ‘best of both’ integrated and mini mill steel making technology.
United States Steel Corporation (X) (“U. S. Steel”) today announced that it has completed approximately $1.1 billion of financing activities to support the execution of the Company’s “best of both” strategy. “The closing of these financing activities marks another successful step in the execution of our ‘best of both’ strategy,” said David B. Burritt, President and Chief Executive Officer of U. S. Steel.
United States Steel Corporation (NYSE:X) (“U. S. Steel”) today announced the pricing of an aggregate principal amount of $300,000,000 5.00% Senior Convertible Notes due 2026 (the “notes”) in a previously announced private offering made only to persons reasonably expected to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In addition, U. S. Steel has granted the initial purchasers of the notes a 30-day option to purchase up to an additional $50,000,000 aggregate principal amount of the notes on the same terms and conditions (the “additional notes”).
United States Steel Corporation (X) (“U .S. Steel”) today announced that it intends to offer, subject to market conditions and certain other factors, an aggregate principal amount of $300,000,000 senior convertible notes due 2026 (the “notes”) in a private offering made only to persons reasonably expected to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). U. S. Steel also intends to grant the initial purchasers of the notes a 30-day option to purchase up to an additional $50,000,000 principal amount of notes. The notes will be U. S. Steel’s general senior unsecured obligations and will rank equally in right of payment with all of its existing and future senior debt, and senior in right of payment to all of its future subordinated debt.
Preliminary net loss of approximately $94 – $84 million, or $0.55 – $0.49 per diluted sharePreliminary adjusted net loss of approximately $45 – $35 million, or $0.26 – $0.20 per.
United States Steel Corporation (X) (“U. S. Steel”) announced today that it is implementing an enhanced operating model and organizational structure to accelerate the company’s strategic transformation and better serve its customers, to be effective Jan. 1, 2020. The realignment of U. S. Steel’s leadership team around more nimble and efficient executive functions, notably to sharpen focus on operational and commercial excellence and promote technological innovation, will enable the company to establish a more competitive cost structure with enhanced capabilities to serve priority customers in strategic markets. Additionally, this enhanced operating model will create a new, differentiated U. S. Steel with a team that is charged with leading the execution of the strategy and increasing profitability.
United States Steel Corporation (NYSE:X) (“U. S. Steel”) announced today that Kevin Bradley has informed the company of his intention to resign from his position as Chief Financial Officer of U. S. Steel effective Nov. 4. Bradley will remain with the company as Executive Vice President and Adviser to the CEO through year-end to focus on financing activities, including the Big River Steel investment announced on Oct. 1, and supporting the transition to his internal successor, Christine (Christie) Breves, currently Senior Vice President, Manufacturing Support and Chief Supply Chain Officer. “Kevin has served U. S. Steel well as CFO, contributing to the transformation of the company, including last week’s announcement of our investment in Big River Steel. Kevin’s leadership improved the company’s balance sheet and enabled the company’s transformation to a world competitive ‘best of both’ integrated and mini mill technology company. Kevin has also enhanced several other key components of our financial capabilities with an emphasis on Financial Planning & Analysis. Kevin has demonstrated unwavering support of the company and an absolute commitment to the highest financial and professional integrity. I have appreciated Kevin’s dedication to the company and thank him for his key contributions to help create a stronger, more successful future for U. S. Steel,” said David B. Burritt, President and Chief Executive Officer.
OSCEOLA, Ark., Oct. 1, 2019 /PRNewswire/ -- Big River Steel announced today it has entered into an agreement with United States Steel Corporation (X) ("U. S. Steel") in which Big River will receive $700 million in cash in return for a minority ownership interest in its scrap recycling and steel production company. Under the terms of the transaction, which assumes a $2.325 billion enterprise value, the companies will form a joint venture under which U. S. Steel will hold a 49.9% ownership interest. As part of its investment, U. S. Steel will hold an option to acquire the remaining 50.1%.
United States Steel Corporation (X) (“U. S. Steel”) announced today a joint venture partnership agreement under which it has taken the first step towards acquiring Big River Steel (“Big River”) through the purchase of a 49.9% ownership interest at a purchase price of approximately $700 million in cash, with a call option to acquire the remaining 50.1% within the next four years. U. S. Steel has committed financing to execute the transaction.
PITTSBURGH, Sept. 18, 2019 -- Today, United States Steel Corporation (NYSE: X) provided third quarter 2019 guidance. We expect third quarter 2019 adjusted EBITDA to be.
Today, United States Steel Corporation (NYSE:X) President and Chief Executive Officer David B. Burritt announced the appointment of Bryan Lewis to Chief Investment Officer. In this position, he will be responsible for the company’s global pension obligations for both defined contribution and defined benefit plans, as well as other related programs.
Net earnings of $68 million, or $0.39 per diluted shareAdjusted net earnings of $78 million, or $0.45 per diluted shareAdjusted EBITDA of $278 millionReturned $37 million of.
PITTSBURGH, July 30, 2019 -- United States Steel Corporation (NYSE: X) announced today that Michael H. McGarry has been elected to the company’s Board of Directors. Michael.