secwatch.observer — SEC 8-K summary
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Issuer:     NEWMARKET CORP (NEU)
CIK:        0001282637
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0001282637-23-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NewMarket Q1 net income $97.6M ($10.09 EPS) vs $59.3M YoY
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- Net income $97.6M ($10.09 diluted EPS) vs $59.3M ($5.75) in Q1 2022.
- Petroleum additives revenue $700.0M (+6% YoY); operating profit $132.1M vs $86.9M.
- Shipments declined 15.4% YoY due to economic slowdown and customer destocking.
- Returned $48.8M to shareholders: $20.3M dividends and $28.5M share repurchases.
- Rolling four-quarter operating margin 15.2%, at lower end of long-term range; Net Debt/EBITDA 1.7x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1282637/000128263723000008/0001282637-23-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1282637/000128263723000008/neu-20230426.htm
  HTML page:      https://secwatch.observer/filing/0001282637-23-000008

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