NewMarket Corporation (NYSE:NEU) petroleum additives provider, is reporting third quarter earnings results on Wednesday 28th October 2020, after market close.
Previous Quarter Performance
NewMarket Corporation unfold income for the second quarter of $ 2.05 per share, from the revenue of $ 410.86 million.
Stock Performance
Shares of NewMarket Corporation traded low $ -8.61 or -2.45 percent on Tuesday, reaching $ 343.49 with volume of 28.40 thousand shares. NewMarket Corporation has traded high as $ 353.92 and has cracked $ 342.93 on the downward trend
According to the previous trading day, closing price of $ 343.49, representing a 15.58 % increase from the 52 week low of $ 304.65 and a 30.3 % decrease over the 52 week high of $ 505.16.
The company has a market capital of $ 3.75 billion and is part of the Basic Materials sector and Specialty Chemicals industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 1.90 per share on August 6, 2020. The dividend were payable on October 1, 2020 to holders of record as of the close of business on September 15, 2020 and ex-dividend date on September 14, 2020.
NewMarket Corporation, through its subsidiaries, engages in the petroleum additives businesses. The company offers lubricant additives for use in various vehicle and industrial applications, including engine oils, transmission fluids, off-road powertrain and hydraulic systems, gear oils, hydraulic oils, turbine oils, metalworking fluids, and other applications where metal-to-metal moving parts are utilized; and engine oil, driveline, and industrial additives. It also provides fuel additives that are used to enhance the oil refining process and the performance of gasoline, diesel, biofuels, and other fuels to industry, government, original equipment manufacturers, and individual customers.
