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Albemarle Corporation

ALB.N

Latest Trade

92.43USD

Change

-1.88(-1.99%)

Volume

671,884

Today's Range

90.56

 - 

93.24

52 Week Range

58.64

 - 

99.39

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
94.31
Open
92.11
Volume
671,884
3M AVG Volume
35.78
Today's High
93.24
Today's Low
90.56
52 Week High
99.39
52 Week Low
58.64
Shares Out (MIL)
106.03
Market Cap (MIL)
9,999.98
Forward P/E
--
Dividend (Yield %)
1.56

Next Event

Q1 2020 Albemarle Corp Earnings Release

Latest Developments

More

Albemarle Corp Reports Q4 Earnings Per Share $0.85

Albemarle Says Chairman And CEO Luke Kissam To Retire

Albemarle Sees 2024 Long-Term Financial Targets For Revenue CAGR Of 6% - 9%

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About Albemarle Corporation

Albemarle Corporation is a global developer, manufacturer and marketer of highly-engineered specialty chemicals. The Company operates through three segments: Lithium and Advanced Materials, Bromine Specialties and Refining Solutions. Lithium and Advanced Materials segment consist of two product categories: Lithium and Performance Catalyst Solutions. The bromine and bromine-based business includes products used in fire safety solutions and other specialty chemicals applications. The Company serves various end markets, including petroleum refining, consumer electronics, energy storage, construction, automotive, lubricants, pharmaceuticals, crop protection, food safety and custom chemistry services. As of December 31, 2016, the Company and its joint ventures operated 31 production and research and development (R&D) facilities, as well as a number of administrative and sales offices, around the world.

Contact Info

4250 Congress St Ste 900

+1.980.2995700

http://www.albemarle.com/Home-3.html

Executive Leadership

Luther C. Kissam

Chairman, President and Chief Executive Officer

Scott A. Tozier

Chief Financial Officer, Executive Vice President

Karen G. Narwold

Executive Vice President, Chief Administrative Officer, Corporate Secretary

John Clarence Barichivich

Principal Accounting Officer

Donald J. LaBauve

Vice President, Corporate Controller

Key Stats

2.78 mean rating - 23 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2017

3.1K

2018

3.4K

2019

3.6K

2020(E)

3.5K
EPS (USD)

2017

4.590

2018

5.480

2019

6.040

2020(E)

4.911
Price To Earnings (TTM)
18.80
Price To Sales (TTM)
2.79
Price To Book (MRQ)
2.54
Price To Cash Flow (TTM)
14.53
Total Debt To Equity (MRQ)
77.57
LT Debt To Equity (MRQ)
72.81
Return on Investment (TTM)
6.54
Return on Equity (TTM)
5.44

Latest News

Latest News

CORRECTED-(OFFICIAL)-Albemarle says Chinese lithium output dented by coronavirus

Albemarle Corp said on Thursday that none of its employees in China have contracted the coronavirus, but its lithium production facilities in the country will operate at reduced rates for the foreseeable future.

UPDATE 1-Albemarle expects 2020 profit drop as lithium prices sag

Albemarle Corp, the world's largest lithium producer, reported a lower-than-expected quarterly profit on Wednesday and forecast a double-digit drop in 2020 earnings on weak prices for the battery metal.

Albemarle quarterly profit drops, 2020 results forecast to slip

Albemarle Corp, the world's largest lithium producer, said on Wednesday its quarterly profit fell and the company forecast a drop in 2020 sales and earnings.

Exclusive: Top lithium miner seeks to monitor water scarcity in parched Chile salt flat

With residents and courts ringing the alarm about depleted water supplies in Chile's Atacama salt flat, the world's top lithium miner Albemarle <ALB.N> quietly filed a proposal in December for a network to monitor flows beneath the parched desert floor.

Exclusive: Top lithium miner seeks to monitor water scarcity in parched Chile salt flat

With residents and courts ringing the alarm about depleted water supplies in Chile's Atacama salt flat, the world's top lithium miner Albemarle <ALB.N> quietly filed a proposal in December for a network to monitor flows beneath the parched desert floor.

Albemarle CEO Luke Kissam to step down due to health reasons

Albemarle Corp <ALB.N> Chief Executive Officer Luke Kissam would step down due to health reasons, the world's largest lithium producer said on Wednesday.

BHP's Escondida drops plans to draw water from Atacama salt flat, relieving pressure on aquifers

BHP's Escondida, the world's largest copper mine, said on Tuesday it had dropped plans to continue drawing water from the Atacama salt flat, relieving pressure on the parched desert basin, home to top lithium miners SQM and Albemarle.

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.

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 due to oversupply, Chief Executive Luke Kissam said on Thursday.

Albemarle's lithium prowess questioned by analysts, dragging on shares

Albemarle Corp's lithium business - the world's largest producer of the battery metal - is overvalued and likely to be hampered by oversupply concerns for the foreseeable future, JPMorgan analysts said on Friday, pushing the company's stock down more than 5%.

UPDATE 1-Albemarle warns of 'challenging' lithium market through next year

Albemarle Corp, the world's largest lithium producer, warned on Thursday that prices for the battery metal are down nearly a third in the past year and that the industry has two to three times more supply than needed.

Albemarle warns of 'challenging' lithium market through next year

Albemarle Corp, the world's largest lithium producer, warned on Thursday that prices for the battery metal are down more than 30 percent in the past year and that the industry has as much as three times more supply than needed.

UPDATE 1-Albemarle plans $100 mln cost cuts to counter low prices

Albemarle Corp said on Wednesday it had started a cost control program targeting over $100 million in savings over the next two years, as the world's largest lithium producer grapples with a fall in prices on near-term oversupply concerns.

Albemarle targets over $100 mln in cost savings

Albemarle Corp said on Wednesday it had started a cost control program that targets over $100 million in savings in the next two years, as the world's largest lithium producer struggles with lower prices.

Mineral Resources, Albemarle pause Wodgina output on weak lithium market

Australia's Mineral Resources Ltd said on Friday its newly formed joint venture with Albemarle Corp had decided to pause operations at the Wodgina Project due to "challenging" lithium market conditions.

LMEWEEK-LME's planned lithium committee to include Tesla and Albemarle

The London Metal Exchange (LME) said on Tuesday it would create a committee to represent the interests and views of producers and users of lithium, a key ingredient in batteries.

Albemarle cuts 2019 forecast on lithium price pressure

Albemarle Corp <ALB.N>, the world's largest lithium producer, on Thursday cut its sales and profit forecasts for the year, hit by a continued slump in prices for the white metal, sending its shares down nearly 7% in extended trading.

Albemarle cuts 2019 forecast on lithium price pressure

Albemarle Corp, the world's largest lithium producer, on Thursday cut its sales and profit forecasts for the year, hit by a continued slump in prices for the white metal.

UPDATE 1-Albemarle to delay construction plans for 125,000 tons of lithium processing

Albemarle Corp said on Thursday it would delay construction plans for about 125,000 tons of additional lithium processing capacity as an oversupply of the white metal used to make electric vehicle batteries has pushed down prices.

Albemarle to delay construction of 125,000 tons of lithium processing capacity

Albemarle Corp said on Thursday it would delay construction of about 125,000 tons of additional lithium processing capacity as an oversupply of the white metal used to make electric vehicle batteries has pushed down prices.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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