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Albemarle Corporation

ALB.N

Latest Trade

78.56USD

Change

2.50(+3.29%)

Volume

335,669

Today's Range

77.67

 - 

79.63

52 Week Range

49.00

 - 

99.39

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

Pricing

Previous Close
76.06
Open
77.67
Volume
335,669
3M AVG Volume
28.26
Today's High
79.63
Today's Low
77.67
52 Week High
99.39
52 Week Low
49.00
Shares Out (MIL)
106.32
Market Cap (MIL)
8,352.39
Forward P/E
21.78
Dividend (Yield %)
1.96

Next Event

Q2 2020 Albemarle Corp Earnings Release

Latest Developments

More

Albemarle - CEO, CFO, Other Members Of Senior Leadership Team To Experience Temporary Base Salary Reductions Of 20% Beginning May 11 Until Dec. 31

Albemarle Reports Q1 Adjusted Earnings Per Share $1.00

Albemarle Announces J. Kent Masters Elected Chairman, President And CEO

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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.

Industry

Chemicals - Plastics & Rubber

Contact Info

4250 Congress St Ste 900

CHARLOTTE, NC

28209-4615

United States

+1.980.2995700

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

Executive Leadership

Jerry Kent Masters

Chairman of the Board, President, Chief Executive Officer

Scott A. Tozier

Chief Financial Officer, Executive Vice President

Raphael Crawford

President - Catalysts Global Business Unit

Netha Johnson

President - Bromine Global Business Unit

Eric W. Norris

President - Lithium Global Business Unit

Key Stats

2.83 mean rating - 24 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2017

3.1K

2018

3.4K

2019

3.6K

2020(E)

3.0K
EPS (USD)

2017

4.590

2018

5.480

2019

6.040

2020(E)

3.528
Price To Earnings (TTM)
16.48
Price To Sales (TTM)
2.39
Price To Book (MRQ)
2.15
Price To Cash Flow (TTM)
12.40
Total Debt To Equity (MRQ)
80.99
LT Debt To Equity (MRQ)
80.07
Return on Investment (TTM)
6.12
Return on Equity (TTM)
5.14

Latest News

Latest News

Chile lithium miners feel heat from exploding coronavirus outbreak, output steady

Chile´s vaunted lithium industry, the world´s second largest, has begun to feel the impact of a runaway coronavirus outbreak nationwide, though top producers SQM and Albemarle said output from their Atacama operations nonetheless remained unscathed.

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:

UPDATE 1-Albemarle seeks full control of Australia's Greenbushes lithium mine

Albemarle Corp said on Thursday it wants to take control of Australia's Greenbushes, the world's largest lithium mine, signaling it intends to block any rival from buying Tianqi Lithium Corp's controlling stake.

Albemarle says it wants full control of Greenbushes lithium mine

Albemarle Corp said on Thursday it wants to take control of Greenbushes, the world's largest lithium mine, signaling it intends to block any rival from buying Tianqi Lithium Corp's controlling stake.

Albemarle expresses interest in Tianqi's stake in Greenbushes lithium mine

Albemarle Corp <ALB.N> said on Thursday it was interested in buying all or part of Tianqi Lithium Corp's <002466.SZ> controlling stake in Australia's Greenbushes, the world's largest lithium mine.

Albemarle says 'interested' in Tianqi's stake in Greenbushes lithium mine

Albemarle Corp said on Thursday it was interested in buying all or part of Tianqi Lithium Corp's controlling stake in Australia's Greenbushes, the world's largest lithium mine.

Albemarle pulls 2020 forecast, cuts budget due to coronavirus

Albemarle Corp <ALB.N>, the world's largest producer of lithium for electric vehicle batteries, cut its 2020 budget and pulled its annual forecast on Wednesday as sales drop amid the global spread of the coronavirus.

Albemarle quarterly profit drops 20 pct, 2020 forecast withdrawn

Albemarle Corp, the world's largest producer of lithium for electric vehicle batteries, reported a 20 percent drop in quarterly profit on Wednesday and said it would withdraw its 2020 forecast due to the global spread of coronavirus.

Albemarle names J. Kent Masters as CEO

World's largest lithium producer Albemarle Corp <ALB.N> said on Monday J. Kent Masters has been elected as the chairman and chief executive officer, effective immediately, replacing Luke Kissam.

Albemarle expects weak first quarter in China due to coronavirus

Albemarle Corp, the world's largest producer of lithium for electric vehicle batteries, said on Tuesday it is experiencing a "weak" first quarter in China, where most of the company's processing facilities and customers are located.

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.

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 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%.

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

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