secwatch.observer — SEC 8-K summary
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Issuer:     NL INDUSTRIES INC (NL)
CIK:        0000072162
Form:       8-K
Filed at:   2023-03-08T23:59:59+00:00
Accession:  0000072162-23-000011
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NL Industries reports Q4 2022 net loss of $6.1M, down from net income of $14.9M in Q4 2021
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- Net loss $6.1M ($0.13 loss per share) vs net income $14.9M ($0.31 per share) in Q4 2021.
- Full year 2022 net income $33.8M ($0.69/share) vs $51.2M ($1.05/share) in 2021.
- Net sales $40M in Q4 (+17% YoY) and $166.6M full year (+18%) driven by Marine Components.
- Equity in losses of Kronos $6.0M in Q4 vs earnings $9.6M; Kronos TiO2 volumes fell 40% in Q4.
- Unrealized loss of $3.8M on marketable equity securities in Q4 vs $6.5M gain a year earlier.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72162/000007216223000011/0000072162-23-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72162/000007216223000011/nl-20230308x8k.htm
  HTML page:      https://secwatch.observer/filing/0000072162-23-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer