---
schema_version: "secwatch.filing_event.v1"
accession: "0001282637-23-000014"
form_type: "8-K"
ticker: "NEU"
cik: "0001282637"
company_name: "NEWMARKET CORP"
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:14:23.127161+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NewMarket Q2 EPS $10.36; shipments down 16.7%; dividend raised 7%

## Summary
- Net income $99.6M, EPS $10.36 vs $66.5M/$6.54 in Q2 2022.
- Petroleum additives sales $684M (down from $721M), operating profit $132.1M (up from $91.2M).
- Shipments decreased 16.7% YoY due to customer destocking and global economic weakness.
- Quarterly dividend increased 7%; Net Debt/EBITDA improved to 1.4 from 2.0.
- Repurchased 119,075 shares for $42.9M in H1 2023.

## SEC filing metadata
- accession: 0001282637-23-000014
- form_type: 8-K
- ticker: NEU
- cik: 0001282637
- company_name: NEWMARKET CORP
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1282637/000128263723000014/0001282637-23-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1282637/000128263723000014/neu-20230726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001282637-23-000014
- JSON: https://secwatch.observer/filing/0001282637-23-000014.json
- Plain text: https://secwatch.observer/filing/0001282637-23-000014.txt

## Key facts
- Earnings Releases
  NEWMARKET CORP reported the second quarter ended June 30, 2023 results: net income $99.6 million, EPS $10.36.
  - Period: the second quarter ended June 30, 2023
  - Net income: $99.6 million
  - EPS: $10.36
  - Result: reported results
  source text: Net income for the second quarter of 2023 was $99.6 million compared to net income of $66.5 million for the second quarter of 2022. Second quarter 2023 earnings per share increased to $10.36, up from $6.54 per share in the same period last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1282637/000128263723000014/0001282637-23-000014-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.