ALB - Albemarle Corporation

NYSE - NYSE Delayed Price. Currency in USD
67.76
-1.65 (-2.38%)
At close: 4:02PM EDT
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Previous Close 69.41
Open 68.74
Bid 67.56 x 900
Ask 67.81 x 800
Day's Range 67.60 - 68.99
52 Week Range 67.60 - 108.74
Volume 1,406,303
Avg. Volume 1,532,674
Market Cap 7.18B
Beta (3Y Monthly) 0.96
PE Ratio (TTM) 10.52
EPS (TTM) N/A
Earnings Date N/A
Forward Dividend & Yield 1.47 (1.96%)
Ex-Dividend Date 2019-06-13
1y Target Est N/A
Trade prices are not sourced from all markets
All
News
Press Releases
  • PR Newswire 11 days ago

    Albemarle continues to deliver year over year revenue growth

    CHARLOTTE, N.C. , May 8, 2019 /PRNewswire/ -- First quarter 2019 highlights: First quarter net sales were $832.1 million ; earnings were $1.26 per diluted share Net sales grew 6% and adjusted diluted EPS ...

  • PR Newswire 12 days ago

    Albemarle Corporation Announces Quarterly Dividend

    CHARLOTTE, N.C., May 8, 2019 /PRNewswire/ -- The board of directors of Albemarle Corporation (ALB) announces that it has declared a quarterly dividend of $0.3675 per share. Albemarle Corporation (ALB), headquartered in Charlotte, NC, is a global specialty chemicals company with leading positions in lithium, bromine and refining catalysts.

  • Albemarle Chief Information Officer named as 2019 CIO Hall of Fame member
    PR Newswire 17 days ago

    Albemarle Chief Information Officer named as 2019 CIO Hall of Fame member

    CHARLOTTE, N.C., May 2, 2019 /PRNewswire/ -- Albemarle Corporation (ALB), a leader in the global specialty chemicals industry, proudly announces that Chief Information Officer (CIO) Patrick Thompson has been named to the 2019 CIO Hall of Fame from IDG's CIO, the executive-level information technology (IT) media brand. CIO's Hall of Fame celebrates outstanding personal and team achievement in IT, honoring the technology executives who, along with significant accomplishments in the field of IT, have all demonstrated substantial business impact and technology vision within one or more organizations and have built exceptional IT organizations. "All of us at Albemarle are extremely proud of Patrick for this well-deserved recognition.

  • PR Newswire 19 days ago

    Albemarle Corporation to Attend Bernstein's 35th Annual Strategic Decisions Conference

    CHARLOTTE, N.C. , April 30, 2019 /PRNewswire/ --  Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today Luke Kissam , Albemarle CEO, Scott Tozier , Executive ...

  • PR Newswire 20 days ago

    Albemarle Corporation to Attend UBS Boston Chemicals Conference

    CHARLOTTE, N.C. , April 29, 2019 /PRNewswire/ --  Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today Scott Tozier , Executive Vice President and Chief ...

  • PR Newswire last month

    Albemarle Corporation to release first quarter 2019 earnings results on Wednesday, May 8, 2019

    Conference call to be held on May 9, 2019 at 9:00 a.m. ET CHARLOTTE, N.C. , April 4, 2019 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced ...

  • PR Newswire 2 months ago

    Albemarle Corporation Expects Lithium Volume Shift from Q1; Reaffirms Full Year Guidance

    CHARLOTTE, N.C., March 28, 2019 /PRNewswire/ -- Albemarle Corporation (ALB), a leader in the global specialty chemicals industry, announced today that its Lithium segment expects a shift of approximately 3,000 – 3,500 metric tons on an LCE basis in volume from Q1 2019 to subsequent quarters in 2019. The volume shortfall in the quarter was primarily due to the timing of customer qualifications of lithium hydroxide from Xinyu II and lithium carbonate from toll manufacturers, as well as production issues at the company's La Negra, Chile, site due to the disruption in the supply of fresh water as a result of the rain event in Chile earlier in the year. Albemarle expects this volume shortfall to be recovered during the remainder of 2019.  As a result, Albemarle reaffirms its full year guidance provided during its Q4 2018 earnings announcement.  Full year adjusted diluted EPS guidance of $6.10 - $6.50 represents a pro forma growth rate of 12% - 20% over 2018.  The company continues to expect the cadence of earnings to ramp through the year as new lithium capacity comes on line.

  • GlobeNewswire 3 months ago

    Smart Money in the Lithium Sector Betting on Future Global Demand

    POINT ROBERTS, Wash. and DELTA, British Columbia, Feb. 27, 2019 -- Investorideas.com, a leading investor news resource covering AI and lithium stocks issues the first article.

  • PR Newswire 3 months ago

    Albemarle Corporation Raises Dividend for 25th Consecutive Year, Continues Commitment to Returning Shareholder Value

    CHARLOTTE, N.C., Feb. 26, 2019 /PRNewswire/ -- The board of directors of Albemarle Corporation (ALB) announced today that it has declared a dividend of $0.3675 per share, an increase of 10 percent over the previous quarterly dividend and representing a rate of $1.47 on an annualized basis. The dividend is payable April 1, 2019, to shareholders of record at the close of business as of March 15, 2019. This increase marks the 25th consecutive year that Albemarle has raised its quarterly dividend.

  • GlobeNewswire 3 months ago

    Charging Ahead with EV Growth Beyond Cars; Lithium-ion Batteries will Continue to Dominate

    Investorideas.com, a global investor news source covering lithium and cleantech stocks issues a snapshot looking at how the EV market is on an exponential growth curve, fuelled by both policy and consumer demand. “China is charging full speed ahead into electric vehicles, on track to sell over 2 million electric vehicles this year, from 1.1 million in 2018,” says Cleantechnia. IDTechEX says the demand for EV trucks and buses has only just started, especially in China.

  • GlobeNewswire 3 months ago

    Investor Expectations to Drive Momentum within Newmont Mining, Albemarle, Abraxas Petroleum, Osisko Gold Royalties, Toro, and Dova Pharmaceuticals — Discovering Underlying Factors of Influence

    NEW YORK,, Feb. 26, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • PR Newswire 3 months ago

    Albemarle ends 2018 strong; projecting continued growth in 2019

    CHARLOTTE, N.C. , Feb. 20, 2019 /PRNewswire/ -- Fourth quarter 2018 highlights: Fourth quarter net sales were $921.7 million , an increase of 7% over the prior year; earnings were $129.6 million , or $1.21 ...

  • GlobeNewswire 3 months ago

    The Battery Race in the US and How Lithium Plays a Leading Role  

    On Monday, February 4th, investors were charged up as Maxwell Technologies, Inc. (Nasdaq:MXWL), a developer and manufacturer of energy solutions announced it has entered into an agreement to be acquired at $4.75 per share by electric car company, Tesla, Inc. (Nasdaq:TSLA). "We are very excited with today's announcement that Tesla has agreed to acquire Maxwell. Tesla is a well-respected and world-class innovator that shares a common goal of building a more sustainable future," said Dr. Franz Fink, President and Chief Executive Officer of Maxwell.

  • GlobeNewswire 4 months ago

    Advanced Technology for Rapid Extraction Will Be Key to Meeting Future Lithium Demand

    Investorideas.com, a leading investor news resource covering AI and lithium stocks issues a snapshot looking at lithium companies preparing to meet future demands in the market and how technology innovation may play a lead role. Looking at how this all plays out, Albemarle Corporation (NYSE:ALB) and Chile state development agency Corfo recently reached a deal to resolve a contract dispute centered around an amendment to the contract that requires Albemarle to provide as much as 25 percent of its annual production of lithium at a discount to companies seeking to produce battery metals within Chile. Albemarle operates in Chile's Salar de Atacama, a salt flat in the country´s northern desert that supplies nearly 40 percent of the world´s lithium.

  • PR Newswire 4 months ago

    Albemarle Corporation to Attend 2019 Bank of America Merrill Lynch Global Agriculture and Materials Conference

    CHARLOTTE, N.C. , Jan. 28, 2019 /PRNewswire/ --  Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Luke Kissam , Albemarle CEO, will speak at ...

  • Nevada Sunrise Announces Reversal of Nevada Water Rights Forfeiture and Notice of Administrative Hearing
    CNW Group 4 months ago

    Nevada Sunrise Announces Reversal of Nevada Water Rights Forfeiture and Notice of Administrative Hearing

    VANCOUVER , Jan. 28, 2019 /CNW/ - Nevada Sunrise Gold Corporation ("Nevada Sunrise" or the "Company") (NEV.V) is pleased to announce that the Fifth Judicial District Court of Nevada (the "Court") has issued an order vacating a ruling of forfeiture against the Company's water right made in 2016 by the State Engineer's office of the Nevada Division of Water Resources ("NDWR"). The matter has been remanded back to the State Engineer for a full administrative hearing on the question of forfeiture that is scheduled for April 1, 2019 (the "Hearing"). At the Hearing, Nevada Sunrise intends to present historical evidence of beneficial use of its water right Permit 44411 (the "Permit") located in the Clayton Valley basin, and present arguments that the State Engineer did not provide the required notice prior to declaring the Permit forfeited.

  • PR Newswire 4 months ago

    Albemarle and Corfo announce resolution in Chile

    CHARLOTTE, N.C., Jan. 24, 2019 /PRNewswire/ -- Albemarle Corporation (ALB), a leader in the global specialty chemicals industry, announced today that the company has reached an agreement with the Chilean Economic Development Agency (Corfo) on the process for establishing and validating the preferential price and terms to be offered to specialized manufacturers meeting the criteria set forth in the Amendment. As a result, Corfo will not file the previously disclosed arbitration claim. In December 2016, Albemarle and Corfo entered into an Amendment to the Basic Agreement to increase the company's authorized lithium quota to 2 million metric tons (MT) on an LCE basis.

  • PR Newswire 4 months ago

    Albemarle Corporation to release fourth quarter 2018 earnings results on Wednesday, Feb. 20, 2019

    Conference call to be held on Feb. 21, 2019 at 9:00 a.m. ET CHARLOTTE, N.C. , Jan. 16, 2019 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced ...

  • PR Newswire 5 months ago

    Albemarle Begins Earthworks at Kemerton Project, Remains On-Target in Western Australia Expansions

    CHARLOTTE, N.C., Jan. 2, 2019 /PRNewswire/ -- Albemarle Corporation (ALB), a leader in the global specialty chemicals industry, announced today that it has begun earthworks at the Kemerton Strategic Industrial Area, in Western Australia, for the construction of the company's Kemerton lithium hydroxide (LiOH) conversion site. Albemarle recently received the required environmental approval from the Australian federal and state government for the Kemerton plant. "The site earthworks at Kemerton today are on track with our projections," said Eric Norris, Albemarle President, Lithium.

  • PR Newswire 5 months ago

    Albemarle Announces Definitive Agreement with Mineral Resources Limited to Form Lithium Joint Venture in Western Australia

    CHARLOTTE, N.C., Dec. 14, 2018 /PRNewswire/ -- Albemarle Corporation (ALB), a leader in the global specialty chemicals industry, announced today the signing of an Asset Sale and Share Subscription Agreement (Agreement) with Mineral Resources Limited (MIN.AX) for a wholly-owned subsidiary of Albemarle to acquire a 50 percent interest in MRL's Wodgina hard rock lithium project (Wodgina Project) in Western Australia and form a joint venture with MRL to own and operate the Wodgina Project to produce spodumene concentrate and battery grade lithium hydroxide.

  • GlobeNewswire 6 months ago

    Report: Developing Opportunities within Unifirst, Royal Caribbean Cruises, Albemarle, Tableau Software, Huami, and Johnson & Johnson — Future Expectations, Projections Moving into 2018

    NEW YORK, Nov. 30, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • PR Newswire 6 months ago

    Albemarle Signs Exclusivity Agreement with Mineral Resources Limited for 50/50 Fully Integrated Lithium Joint Venture in Western Australia

    CHARLOTTE, N.C., Nov. 21, 2018 /PRNewswire/ -- Albemarle Corporation (ALB), a leader in the global specialty chemicals industry, announced today that it has signed an Exclusivity Agreement (Agreement) with Mineral Resources Limited (MIN.AX) in relation to the potential creation of a 50/50 joint venture (JV) to own and operate the Wodgina hard rock lithium mine and ultimately develop an integrated lithium hydroxide operation at the resource site. Wodgina, located in the Pilbara region of Western Australia, is a world-class hard rock lithium deposit, with an estimated mine life of over 30 years. The proposed JV, which remains subject to negotiation of definitive documents, would combine Albemarle's world-class lithium production and marketing expertise with Mineral Resources Limited's (MRL) leading regional presence and mining capabilities.

  • PR Newswire 6 months ago

    Albemarle Launches Innovative XPLORE™ Platform and its First Product, KF 787 PULSAR™

    CHARLOTTE, N.C., Nov. 15, 2018 /PRNewswire/ -- Albemarle Corporation (ALB), a leader in the global specialty chemicals industry, announced today that it is launching XPLORE™, a new platform for the clean transportation fuels market. The XPLORE catalyst platform is the result of breakthrough research in hydroprocessing catalyst technology allowing refineries to produce clean transportation fuels in a more efficient way. The new PULSAR family, with KF 787 PULSAR™ as its first grade, is a cutting-edge, premium catalyst line, designed for the production of clean diesel.

  • PR Newswire 6 months ago

    Albemarle delivers revenue growth for the 11th consecutive quarter

    CHARLOTTE, N.C. , Nov. 7, 2018 /PRNewswire/ -- Third quarter 2018 highlights: Third quarter net sales were $777.7 million , an increase of 3% over the prior year; earnings were $129.7 million , or $1.20 ...