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Albemarle Corporation

ALB.N

Latest Trade

206.23USD

Change

0.80(+0.39%)

Volume

241,297

Today's Range

197.12

 - 

206.37

52 Week Range

133.88

 - 

291.48

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

Pricing

Previous Close
205.43
Open
204.83
Volume
241,297
3M AVG Volume
23.54
Today's High
206.37
Today's Low
197.12
52 Week High
291.48
52 Week Low
133.88
Shares Out (MIL)
116.98
Market Cap (MIL)
24,030.45
Forward P/E
50.88
Dividend (Yield %)
0.76

Next Event

Q4 2021 Albemarle Corp Earnings Release

Latest Developments

More

Albemarle Enters Into Second Amendment And Restatement Agreement To Syndicated Facility Agreement

Albemarle Q3 Loss Per Share $3.36

Albemarle Signs Two Agreements For Strategic Investments In China To Expand Lithium Conversion Capacity

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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, Bromine Specialties and Catalysts. The Lithium segment develops lithium-based materials for a wide range of industries and end markets. It develops and manufactures a broad range of basic lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and value-added lithium specialties and reagents. The Company's Bromine Specialties segment is focused on bromine and bromine-based business, which includes products used in fire safety solutions and other specialty chemicals applications. The Catalysts segment consists of three main product lines: Clean Fuels Technologies, which is primarily composed of hydroprocessing catalysts (HPC) together with isomerization and akylation catalysts; fluidized catalytic cracking (FCC) catalysts and additives; and performance catalyst solutions (PCS).

Industry

Chemical Manufacturing

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 Specialties Global Business Unit

Eric W. Norris

President - Lithium Global Business Unit

Key Stats

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

2018

3.4K

2019

3.6K

2020

3.1K

2021(E)

3.3K
EPS (USD)

2018

5.480

2019

6.040

2020

4.120

2021(E)

4.042
Price To Earnings (TTM)
108.67
Price To Sales (TTM)
7.25
Price To Book (MRQ)
4.22
Price To Cash Flow (TTM)
55.46
Total Debt To Equity (MRQ)
35.51
LT Debt To Equity (MRQ)
35.50
Return on Investment (TTM)
2.13
Return on Equity (TTM)
1.76

Latest News

Latest News

Albemarle unfazed by Chilean election, cites 'unique' lithium contract

Albemarle Corp does not expect its Chilean lithium operations to be affected by President-elect Gabriel Boric's administration due to its long history in the country and "unique" contract to produce the electric vehicle battery metal.

Albemarle joins newly formed lithium industry body

The International Lithium Association (ILiA) said it added Albemarle Corp as a founding core member to the newly formed industry association.

EV industry must work closer with lithium suppliers, executives say

Automakers must work closer with lithium producers to guarantee supply of specialized types of the white metal that boost an electric vehicle's range and performance, Albemarle Corp and Livent Corp executives told the Reuters Next conference on Wednesday.

Albemarle boosts 2021 forecast on rising global lithium demand

Albemarle Corp, the world's largest producer of lithium for electric vehicles, boosted its 2021 sales forecast on Wednesday after posting an adjusted third-quarter profit that easily beat Wall Street's expectations.

Albemarle swings to quarterly loss after arbitration payout

Albemarle Corp said on Wednesday it swung to a quarterly loss due to a one-time charge linked to its 2015 buyout of a rival that made it the world's largest producer of lithium.

Mineral Resources to restart Wodgina mine as EV demand boosts lithium prices

Mineral Resources Ltd will restart operations at the Wodgina lithium mine it owns with Albemarle Corp next year, the Australian miner said on Monday, on improving demand for the metal used in making electric vehicle (EV) batteries.

Lithium producer Albemarle to buy China's Tianyuan for $200 mln

Albemarle Corp said on Thursday it would buy China-based Guangxi Tianyuan New Energy Materials Co Ltd, a lithium converter, for about $200 million as the company looks to increase its lithium conversion capacity.

Top lithium producer Albemarle, union in Chile reach agreement, ending strike

Albemarle Corp, the world's top lithium producer, said on Wednesday it had reached a labor contract deal with a union at its Atacama salt flat plant, ending a month-long strike that had inflamed tensions between workers and the company.

Union at Albemarle Atacama plant rejects new contract offer, strike continues

A Chilean union at Albemarle Corp, the world's top lithium producer, said on Monday it had rejected the company's latest labor contract offer, leaving workers to continue a walk off that has extended for more than a month.

Albemarle expects stellar 2022 earnings on surging lithium demand

Albemarle Corp, the world's top lithium producer, expects a steep jump in 2022 earnings, as global efforts to combat climate change drive a surge in demand for the battery component used in electric vehicles (EV).

Albemarle expects 2022 adjusted core earnings to be up 25-35%

Albemarle Corp, the world's top lithium producer, said on Friday it was expecting full-year 2022 adjusted core earnings to be up 25% to 35% from a year earlier, helped by higher metal prices. (Reporting by Rithika Krishna in Bengaluru; Editing by Anil D'Silva)

Lithium producer Albemarle says Chile output on track despite strike

Albemarle Corp, the world's top lithium producer, said on Tuesday it has maintained output from its Chile operations despite an ongoing strike by one of the company's four unions in the South American nation.

Albemarle quarterly profit jumps on rising lithium demand

Albemarle Corp, the world's largest lithium producer, posted a higher-than-expected quarterly profit on Wednesday due largely to rising sales of the white metal used for electric vehicle batteries.

Albemarle quarterly profit jumps nearly fivefold on rising lithium demand

Albemarle Corp, the world's largest lithium producer, posted a nearly five-fold jump in quarterly income on Wednesday due largely to rising sales of the white metal for electric vehicle batteries.

Albemarle profit beats expectations on rising lithium demand

Albemarle Corp, the world's largest producer of lithium, posted a quarterly profit on Wednesday that easily beat Wall Street's expectations on rising demand from the electric vehicle industry.

Albemarle quarterly profit drops 12% on weakness in sales of oil catalysts

Albemarle Corp reported a 12% drop in quarterly profit on Wednesday as weakness in a division that supplies crude oil refineries offset a surge in sales of lithium, a key metal used to make electric vehicle batteries.

Exclusive: Chile settles dispute with Albemarle over lithium reserves data

Chilean regulators have settled a high stakes dispute over reserves data with top lithium producer Albemarle Corp, according to a letter viewed by Reuters, defusing a spat that may have led to the suspension of the company's permit to expand its operations in Chile.

EXCLUSIVE-Chile settles dispute with Albemarle over lithium reserves data

Chilean regulators have settled a high stakes dispute over reserves data with top lithium producer Albemarle Corp, according to a letter viewed by Reuters, defusing a spat that may have led to the suspension of the company's permit to expand its operations in Chile.

Exclusive: Lithium giant Albemarle slams Chile over 'unjust' withholding of Atacama study

Albemarle Corp, the world's top lithium producer, has accused a Chilean regulator of "unjust" discrimination for refusing to make public a key report on the impact of mining on the Atacama salt flat, according to court filings.

Albemarle says it regrets Chile's call for arbitration over lithium royalties

Albemarle Corp, the world's largest lithium producer, said on Monday it regretted Chile's decision to initiate international arbitration over the alleged underpayment by the U.S. company of royalties on its sales.

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

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