|Bid||19.53 x 2200|
|Ask||19.54 x 800|
|Day's Range||19.43 - 19.80|
|52 Week Range||17.33 - 33.04|
|Beta (3Y Monthly)||1.77|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 28, 2019 - Nov 1, 2019|
|Forward Dividend & Yield||0.65 (3.46%)|
|1y Target Est||26.56|
The business lines employ about 1,150 people, including associates and contractors, and Huntsman's CEO doesn't expect the deal to result in a lot of layoffs.
“As I look at those downstream derivatives, those are areas where we’re going to be looking very aggressively,” Huntsman's CEO said.
“They have a ready home for these products and put a premium value on them — certainly higher than we do,” said the company's CEO.
THE WOODLANDS, Texas , Aug. 8, 2019 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) today announced that its board of directors has declared a $0.1625 per share cash dividend on its common stock. The ...
The Woodlands-based Huntsman Corp. (NSYE: HUN) has reached an agreement to sell two of its business lines to Thailand-based Indorama Ventures for $2.1 billion. If the deal proceeds as described, chemical company Huntsman Corp. would sell its chemical intermediates and surfactants businesses to Indorama, including three Texas manufacturing sites, according to a company press release. In 2016, Huntsman Corp. sold off its European manufacturing facilities for surfactants to Littleton, Colorado-based Innospec Inc. (Nasdaq: IOSP) for about $225 million.
Huntsman Corp, the US chemicals group, is selling two of its businesses to Thailand-based petrochemicals company Indorama Ventures for more than $2bn. Texas-based Huntsman said in a statement late on Wednesday that the Bangkok-listed group would pay $2bn in cash and transfer about $76m of net underfunded pension and other liabilities to buy its chemical intermediaries and surfactants divisions, which make ingredients for lubricants and cleaning products. Peter Huntsman, the US group’s chief executive, said that the deal “further transforms Huntsman’s balance sheet and future”, and was in line with its strategy of focusing more on its downstream and specialty businesses.
Chemical products manufacturer Huntsman Corp said it has entered a deal to sell its chemical intermediates and surfactants businesses to Thailand-based Indorama Ventures PCL for about $2.08 billion. The deal, which is expected to close by the end of the year, will see chemical firm Indorama Ventures buy Huntsman's manufacturing facilities located in parts of Texas, India and Australia.
THE WOODLANDS, Texas , Aug. 7, 2019 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) announced today it has entered into a definitive agreement to sell its chemical intermediates businesses, which includes ...
Huntsman (HUN) delivered earnings and revenue surprises of -3.08% and -4.07%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
THE WOODLANDS, Texas , July 30, 2019 /PRNewswire/ -- Second Quarter Highlights Second quarter 2019 net income of $118 million compared to $623 million in the prior year period; second quarter 2019 diluted ...
Huntsman (NYSE: HUN ) will be releasing its next round of earnings this Tuesday, July 30. For all of the relevant information, here is your guide for Tuesday's Q2 earnings announcement. Earnings and Revenue ...
THE WOODLANDS, Texas , July 26, 2019 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) announced today that it has signed a definitive agreement with Sasol to acquire the 50% interest that Huntsman does ...
Huntsman (HUN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The Woodlands-based Huntsman Corp. (NSYE: HUN) has halted operations at one of its facilities after an auto accident at the site. A big rig fell from the Houston Ship Channel bridge on 610 East Loop at about 8:30 a.m. July 3, landing on the Huntsman site at 101 Concrete St. below. "We extend our heartfelt condolences to the family of the driver of the truck," the company said in an emailed statement provided to the Houston Business Journal.
In a recent Bloomberg’s interview, Atlantic Investment Management’s Alexander Roepers discussed his market expectations, which he already shared in a report published a month ago. Namely, the word is about rotation to value stocks, which he anticipated three years ago as well. When asked about why he thinks the rotation is now more imminent than […]
Find out which Houston-based public companies have the highest-paid CEOs and how those executives' total compensation compares to the median employee pay at their companies.
THE WOODLANDS, Texas , June 26, 2019 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) will hold a conference call on Tuesday, July 30, 2019 , at 10:00 a.m. ET to discuss its second quarter 2019 financial ...