secwatch.observer — SEC 8-K summary
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Issuer:     NEWMARKET CORP (NEU)
CIK:        0001282637
Form:       8-K
Filed at:   2024-10-23T23:59:59+00:00
Accession:  0001282637-24-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NewMarket Q3 net income $132M ($13.79 EPS) up from $111M; petroleum additives profit up 12.7%
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- Q3 net income $132.3M ($13.79 EPS) vs $111.2M ($11.60 EPS) a year ago.
- Petroleum additives Q3 operating profit $157.5M, up from $139.8M, due to lower raw material and operating costs.
- Nine months petroleum additives operating profit $456.2M vs $404.0M; shipments increased 1.8%.
- Specialty materials (AMPAC) Q3 sales $59.1M, operating profit $16.0M; full-year results expected in line with pre-acquisition expectations.
- Debt reduced $259M since AMPAC acquisition; net debt/EBITDA ratio of 1.4, below target range of 1.5-2.0.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1282637/000128263724000020/0001282637-24-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1282637/000128263724000020/neu-20241023.htm
  HTML page:      https://secwatch.observer/filing/0001282637-24-000020

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