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Albemarle Corporation

ALB

Latest Trade

68.86USD

Change

0.57(+0.83%)

Volume

2,745,572

Today's Range

68.53

 - 

70.42

52 Week Range

58.63

 - 

108.74

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

Pricing

Previous Close
68.29
Open
68.67
Volume
2,745,572
3M AVG Volume
29.54
Today's High
70.42
Today's Low
68.53
52 Week High
108.74
52 Week Low
58.63
Shares Out (MIL)
105.99
Market Cap (MIL)
7,237.80
Forward P/E
10.82
Dividend (Yield %)
2.15

Next Event

Albemarle Corp at S&P Global Platts Battery Metals Conference

Latest Developments

More

Albemarle Reports Q2 Earnings Per Share $1.45; Raises Full Year EPS Guidance

Mineral Resources Says Revised Arrangements With Albemarle For Wodgina Lithium

Mineral Resources Announces Confirmation Of Chinese Anti-Trust Clearance

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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

+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

Donald J. LaBauve

Chief Accounting Officer, Vice President, Corporate Controller

Jerry Kent Masters

Lead Independent Director

Key Stats

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

2016

2.7K

2017

3.1K

2018

3.4K

2019(E)

3.6K
EPS (USD)

2016

3.570

2017

4.590

2018

5.480

2019(E)

6.313
Price To Earnings (TTM)
13.81
Price To Sales (TTM)
2.12
Price To Book (MRQ)
1.90
Price To Cash Flow (TTM)
10.44
Total Debt To Equity (MRQ)
49.70
LT Debt To Equity (MRQ)
36.79
Return on Investment (TTM)
7.37
Return on Equity (TTM)
6.07

Latest News

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

Albemarle Corp <ALB.N> 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.

Chemicals maker Albemarle profit beats, raises 2019 earnings forecast

Albemarle Corp <ALB.N> beat quarterly profit estimates on higher demand for bromine and raised its 2019 adjusted profit forecast on Wednesday, sending shares of the world's largest lithium producer up over 10% in extended trading.

UPDATE 2-Albemarle revises Australian Wodgina joint venture as lithium market sags

* MinRes to get 40% stake in Albemarle's hydroxide plant (Recasts with Albemarle, S&P comments)

Australia's Mineral Resources to sell larger stake in Wodgina to Albemarle

Mineral Resources Ltd on Thursday said that Albemarle Corp, the world's largest lithium producer, would now buy a 60% stake in its Wodgina Lithium Project, instead of the previously agreed 50%.

South Korea's POSCO drops plans for Chilean battery material plant

South Korea's POSCO has pulled out of a project to build battery parts in Chile, the Asian steelmaker said, little more than a year after winning guaranteed access to cheap lithium from top producer Albemarle.

South Korea's POSCO drops plans for Chilean battery material plant

South Korea's POSCO has pulled out of a project to build battery parts in Chile, the Asian steelmaker said, little more than a year after winning guaranteed access to cheap lithium from top producer Albemarle.

Albemarle details efforts to boost its Chilean lithium output by 30 percent

Albemarle Corp on Tuesday detailed a process it believes will increase its Chilean lithium output by nearly a third and said it is working to reduce the affect of precipitation on its evaporation ponds.

Albemarle says won't participate in LME lithium contract

Albemarle Corp, the world's largest lithium producer, said on Tuesday it will not participate in the London Metal Exchange's plans to launch a new contract for the white metal.

Albemarle touts new project to boost its Chilean lithium output by 30 percent

Albemarle Corp said on Thursday it is moving forward on a project it claims will boost its Chilean lithium production by 30 percent without extracting more brine from the environmentally sensitive Salar de Atacama, the world's driest desert.

Albemarle says new technology will boost Chilean lithium output by 30 percent

Albemarle Corp said on Thursday it is moving forward on a project to boost Chilean lithium production by 30 percent without using more brine from the environmentally sensitive Salar de Atacama, the world's driest desert.

Albemarle's lithium sales drop after Chilean rains

Albemarle Corp, the world's largest producer of lithium used to make electric vehicle batteries, posted a better-than-expected quarterly profit on Wednesday as surging sales of flame retardant chemicals offset a dip in lithium sales.

Albemarle first-quarter profit rises, but lithium sales slip

Albemarle Corp, the world's largest producer of lithium used to make electric vehicle batteries, posted a slight rise in quarterly profit on Wednesday as sales of flame retardant chemicals offset a dip in lithium sales.

Albemarle bullish on lithium outlook after fourth-quarter profit

Albemarle Corp, the world's largest lithium producer, posted a higher-than-expected quarterly profit on Wednesday and gave a bullish 2019 outlook, saying it sees nothing that could slow demand for the white metal used to make electric car batteries.

Albemarle swings to quarterly profit on rising lithium sales

Albemarle Corp, the world's largest lithium producer, said on Wednesday it swung to a quarterly profit due to rising sales and prices for the white metal used to make electric car batteries.

Chile strikes deal with lithium miner Albemarle in contract dispute

Chile state development agency Corfo said on Thursday it had reached a deal with the world's top lithium miner, Albemarle Corp, to resolve a contract dispute and would not file a previously threatened arbitration lawsuit against the U.S-based producer.

UPDATE 2-Chile strikes deal with lithium miner Albemarle in contract dispute

Chile state development agency Corfo said on Thursday it had reached a deal with the world's top lithium miner, Albemarle Corp, to resolve a contract dispute and would not file a previously threatened arbitration lawsuit against the U.S-based producer.

Exclusive: Chile to delay arbitration with top lithium producer Albemarle

Chile will delay a previously announced arbitration with Albemarle Corp <ALB.N>, the world's top lithium producer, in anticipation that the U.S.-based miner will make a new offer to bring it into compliance with a 2016 contract, a source close to the negotiations told Reuters...

Albemarle closes $1.15 billion deal for Australian lithium joint venture

Albemarle Corp said on Friday it had finalized an agreement to form a lithium joint venture with Australia's Mineral Resource Ltd for $1.15 billion.

Mineral Resources and Albemarle agree $1.15 billion lithium deal

Australia's Mineral Resources on Friday signed a binding deal to sell a stake in its Wodgina Lithium Project and form a lithium joint venture with U.S.-based Albemarle Corp for $1.15 billion.

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

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