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Albemarle Corporation

ALB.N

Latest Trade

168.48USD

Change

-6.90(-3.93%)

Volume

437,080

Today's Range

161.43

 - 

170.32

52 Week Range

49.00

 - 

188.35

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

Pricing

Previous Close
175.38
Open
170.26
Volume
437,080
3M AVG Volume
29.56
Today's High
170.32
Today's Low
161.43
52 Week High
188.35
52 Week Low
49.00
Shares Out (MIL)
106.46
Market Cap (MIL)
18,834.41
Forward P/E
43.84
Dividend (Yield %)
0.87

Next Event

Q4 2020 Albemarle Corp Earnings Release

Latest Developments

More

Albemarle Announces Expansion Of Nevada Site To Increase Domestic Production Of Lithium

Albemarle Reports Third Quarter Results

Albemarle Reports Q2 Earnings Per Share $0.80

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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

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 Global Business Unit

Eric W. Norris

President - Lithium Global Business Unit

Key Stats

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

2017

3.1K

2018

3.4K

2019

3.6K

2020(E)

3.1K
EPS (USD)

2017

4.590

2018

5.480

2019

6.040

2020(E)

3.999
Price To Earnings (TTM)
49.42
Price To Sales (TTM)
5.81
Price To Book (MRQ)
4.57
Price To Cash Flow (TTM)
32.99
Total Debt To Equity (MRQ)
85.93
LT Debt To Equity (MRQ)
71.29
Return on Investment (TTM)
4.60
Return on Equity (TTM)
3.74

Latest News

Latest News

Weak lithium prices could slow EV revolution, Albemarle warns

Global supplies of lithium used to make electric vehicle (EV) batteries will fall short of projections for demand to more than triple by 2025 if prices do not rebound to fund expansions, an executive at industry leader Albemarle Corp said on Tuesday.

REUTERS NEXT-Albemarle sees four-fold growth in lithium demand in next five years - exec

Albemarle Corp, the world's largest producer of lithium for electric vehicle batteries, said it sees almost a four-fold growth in demand for the white metal, but only if prices recover enough to incentivize new projects and expansions across the industry.

Chile threatens legal action to get Albemarle to disclose lithium reserves

(This story was refiled to correct spelling of Albemarle in headline)

Albemarle to boost Nevada lithium output as electric vehicle demand climbs

Albemarle Corp said on Thursday it will double production at its lithium facility in Silver Peak, Nevada, part of a plan to boost supply for the burgeoning electric vehicle (EV) market.

Albemarle to double lithium production at Nevada site

Albemarle Corp said on Thursday it will expand capacity at the company's lithium production facility in Silver Peak, Nevada and begin a program to evaluate clays and other available Nevada resources for commercial production of the mineral.

UPDATE 3-Tianqi gets $1.4 bln lithium mine lifeline from Australia's IGO

* IGO to pay $1.4 bln for 49% of Tianqi Lithium Energy Australia

UPDATE 3-Australia's IGO to buy stake in Greenbushes lithium mine from Tianqi - sources

* Tianqi has until Dec. 28 to repay or refinance $1.9 bln in loans

Exclusive: Lithium giants Albemarle and SQM battle over access to Atacama water study

U.S.-based Albemarle Corp, the world's largest lithium producer, has accused its top rival, Chilean miner SQM, and local regulators of seeking to keep secret a coveted report about the environmental impact of lithium mining in Chile's Salar de Atacama, according to a filing...

Albemarle forecasts full-year profit above estimates

Lithium miner Albemarle Corp <ALB.N> forecast full-year profit above estimates on Wednesday, but warned that the company's annual performance will be subdued, following reduced global economic activity due to the global pandemic.

Albemarle reports 36.6% fall in Q3 profit on lower lithium sales

Lithium miner Albemarle Corp reported a 36.6% fall in third-quarter profit on Wednesday, as demand for the electric vehicle battery metal sagged due to the COVID-19 pandemic.

Exclusive: Lithium giant Albemarle locks horns with Chile over reserves data

Albemarle, the world's largest lithium producer, is locked in a feud with Chilean regulators over how it calculates its reserves of the ultralight metal, a potential risk to its plans to ramp up production.

Albemarle warns lithium sales sliding amidst weak EV market

Albemarle Corp <ALB.N>, the world's largest producer of lithium for electric vehicle batteries, warned on Wednesday that its third quarter sales and profit will dip as automakers produce fewer EVs due to the coronavirus pandemic.

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:

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.

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

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