NewMarket Q2 net income $66.5M, EPS $6.54; petroleum additives sales up 23% YoY

NEWMARKET CORP

2022-Q2 EPS reported $12.28 revenue$1,386,191,000

Q2 net income $66.5M ($6.54 EPS) vs $52M ($4.75 EPS) in Q2 2021.
Petroleum additives sales $721M (up 23% YoY); operating profit $91.2M vs $74.2M.
First-half 2022 net income $125.8M ($12.28 EPS) vs $121.7M ($11.13 EPS).
Shipments up 2.6% in Q2; lubricant additives increased, fuel additives decreased.
Paid $42.9M dividends and repurchased $92.8M of stock in H1 2022.

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