secwatch.observer — SEC 8-K summary
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Issuer:     NEWMARKET CORP (NEU)
CIK:        0001282637
Form:       8-K
Filed at:   2023-07-26T23:59:59+00:00
Accession:  0001282637-23-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1282637/000128263723000014/0001282637-23-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1282637/000128263723000014/neu-20230726.htm
  HTML page:      https://secwatch.observer/filing/0001282637-23-000014

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