NEWMARKET CORP — fact timeline

NEWMARKET CORP reported first quarter ended March 31, 2026 results: revenue $609.8 million, net income $118.1 million, EPS $12.62 per share.

“or $12.62 per share, compared to net income of $125.9 million, or $13.26 per share, for the first quarter of 2025. Petroleum additives sales for the first quarter of 2026 were $609.8 million, compared to $645.6 million for the same period in 2025. Petroleum additives operating profit for the first quarter of 2026 was $135.0 million, compared to $142.1 million for the”

Ann P. Pietrantoni was appointed as Principal Accounting Officer and Controller at NEWMARKET CORP.

“Also on October 3, 2024, the Company announced that Ann P. Pietrantoni has been appointed to succeed Mrs. Ridgeway as Principal Accounting Officer and Controller, effective January 1, 2025.”

Gail C. Ridgeway was appointed as Treasurer at NEWMARKET CORP.

“Also on October 3, 2024, the Company announced that Gail C. Ridgeway has been appointed Treasurer, effective January 1, 2025.”

Timothy K. Fitzgerald was appointed as Vice President and Chief Financial Officer at NEWMARKET CORP.

“The Company also announced that, effective January 1, 2025, Timothy K. Fitzgerald will succeed Mr. Skrobacz as Vice President and Chief Financial Officer of the Company.”

William J. Skrobacz departed as Vice President and Chief Financial Officer at NEWMARKET CORP.

“William J. Skrobacz will step down as Vice President and Chief Financial Officer of the Company effective December 31, 2024, as he intends to retire from the Company in 2025.”

NEWMARKET CORP shareholders approved Advisory approval of the Company’s executive compensation program for named executive officers at the 2024-04-25 meeting.

“The shareholders approved, on an advisory basis, the Company’s executive compensation program for its named executive officers disclosed in the Proxy Statement, as set forth below: Votes For Votes Against Abstentions Broker Non- Votes 8,305,086 126,089 15,594 484,634”

NEWMARKET CORP shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal year 2024 at the 2024-04-25 meeting.

“The shareholders ratified the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending December 31, 2024, as set forth below: Votes For Votes Against Abstentions 8,619,041 300,605 11,757”

NEWMARKET CORP shareholders approved Election of seven nominees to the Board of Directors at the 2024-04-25 meeting.

“The shareholders elected each of the Company’s seven (7) nominees to serve on its Board of Directors for the ensuing year, as set forth below: Director Votes For Votes Against Abstentions Broker Non- Votes Mark M. Gambill 8,150,330 291,218 5,221 484,634 Bruce C. Gottwald 8,294,431 147,474 4,864 484,634 Thomas E. Gottwald 8,236,690 205,339 4,740 484,634 H. Hiter Harris, III 7,651,955 789,233 5,581 484,634 James E. Rogers 8,024,277 417,081 5,411 484,634 Lilo Simmons Ukrop 8,308,693 132,771 5,305 484,634 Ting Xu 8,256,656 185,112 5,001 484,634”

NEWMARKET CORP reported the first quarter ended March 31, 2024 results: revenue $677.3 million, net income $107.7 million, EPS $11.23 per share.

“or $11.23 per share, compared to net income of $97.6 million, or $10.09 per share, for the first quarter of 2023. Petroleum additives sales for the first quarter of 2024 were $677.3 million, compared to $700.0 million for the same period in 2023. Petroleum additives operating profit for the first quarter of 2024 was $150.9 million, compared to $132.1 million for the”

NEWMARKET CORP reported the fourth quarter and full year of 2023 results: net income Net income for the fourth quarter of 2023 was $80.4 million, or $8.38 per share, compared to net income of $90.5 million.

“NewMarket Corporation Reports Fourth Quarter and Full Year 2023 Results • Full Year Net Income of $389 Million and Earnings Per Share of $40.44 • $134 Million Working Capital Improvement in 2023 • $361 Million Repaid on Revolving Credit Facility in 2023 • Acquired American Pacific Corporation (AMPAC) in January 2024 Richmond, VA, January 31, 2024 – NewMarket Corporation (NYSE:NEU) Chairman and Chief Executive Officer, Thomas E. Gottwald, released the following earnings report of the Company’s operations for the fourth quarter and full year of 2023. Net income for the fourth quarter of 2023 was $80.4 million, or $8.38 per share, compared to net income of $90.5 million, or $9.26 per share, for the fourth quarter of 2022. Net income for 2023 was $388.9 million, or $40.44 per share, compared to net income of $279.5 million, or $27.77 per share, for 2022.”

NEWMARKET CORP incurred term loan of $250 million with Bank of America, N.A., as Administrative Agent, Wells Fargo Bank, National Association, as Syndication Agent, and the other lenders party thereto at Term SOFR plus the Applicable Rate maturing January 22, 2026.

“On January 22, 2024, the Company also entered into a credit agreement for a $250 million term loan”

NEWMARKET CORP incurred revolving credit of $900 million with Bank of America, N.A., as Administrative Agent, Wells Fargo Bank, National Association, as Syndication Agent, and the other lenders party thereto at Base Rate, Term SOFR, Weekly Adjusted Term SOFR, the Alternative Currency Term R maturing January 22, 2029.

“On January 22, 2024, NewMarket Corporation (the “Company”) entered into a credit agreement for a new $900 million revolving credit facility”

NEWMARKET CORP terminated Former Credit Agreement (effective 2024-01-22).

“In connection with the Company’s entry into the Credit Agreements, the Company terminated its former revolving credit facility and the related credit agreement, dated as of March 5, 2020 (as subsequently amended, the “Former Credit Agreement”), among the Co”

NEWMARKET CORP entered into Term Loan Credit Agreement with Bank of America, N.A., as Administrative Agent, Wells Fargo Bank, National Association, as Syndication Agent, and the other lenders party thereto valued at $250 million (effective 2024-01-22).

“On January 22, 2024, the Company also entered into a credit agreement for a $250 million term loan (the “Term Loan Credit Agreement” and, together with the Revolving Credit Agreement, the “Credit Agreements”) among the Company, Bank of America, N.A., as Administrative Agent, Wells Fargo Bank, National Association, as Syndication Agent, and the other lenders party thereto.”

NEWMARKET CORP entered into Revolving Credit Agreement with Bank of America, N.A., as Administrative Agent, Wells Fargo Bank, National Association, as Syndication Agent, and the other lenders party thereto valued at $900 million (effective 2024-01-22).

“On January 22, 2024, NewMarket Corporation (the “Company”) entered into a credit agreement for a new $900 million revolving credit facility (the “Revolving Credit Agreement”) among the Company, the Foreign Subsidiary Borrowers that may from time to time be party thereto (such subsidiaries, collectively with the Company, the “Borrower”), Bank of America, N.A., as Administrative Agent, Wells Fargo Bank, National Association, as Syndication Agent, and the other lenders party thereto.”

NEWMARKET CORP completed an acquisition involving Coyote Ultimate Holdings, LLC for approximately $700 million (closed 2024-01-16).

“to the Securities Purchase Agreement entered into by the Company, Coyote and Holdings on December 1, 2023 (the “Purchase Agreement”). The Company satisfied the approximately $700 million purchase price with cash on hand and borrowings of approximately $690 million under its existing revolving credit facility. AMPAC is the leading North American manufacturer of”

NEWMARKET CORP entered into Securities Purchase Agreement with Coyote Ultimate Holdings, LLC valued at approximately $700 million (effective 2023-12-01).

“On December 1, 2023, NewMarket Corporation, a Virginia corporation (the “Company”), entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Coyote Ultimate Holdings, LLC, a Delaware limited liability company (“Coyote”), and AMPAC Intermediate Holdings, LLC, a Delaware limited liability company (“Holdings”), to acquire from Coyote all issued and outstanding ownership units of Holdings, the ultimate parent company of American Pacific Corporation (“AMPAC”), for approximately $700 million, subject to a purchase price adjustment for customary items, including working capital, cash, debt and transaction expenses (the “Acquisition”).”

NEWMARKET CORP reported the third quarter ended September 30, 2023 results: net income $111.2 million, EPS $11.60.

“Net income for the third quarter of 2023 was $111.2 million, compared to net income of $63.2 million for the third quarter of 2022. Third quarter 2023 earnings per share increased to $11.60, up from $6.32 per share in the same period last year.”

Lilo Simmons Ukrop was elected as Director at NEWMARKET CORP.

“On October 26, 2023, NewMarket Corporation (the “Company”) issued a press release announcing that its Board of Directors has elected Lilo Simmons Ukrop to the Board of Directors, effective as of October 26, 2023.”

Patrick D. Hanley retired as Director at NEWMARKET CORP.

“On August 3, 2023, Patrick D. Hanley notified the Board of Directors (the “Board”) of NewMarket Corporation (the “Company”) that he will retire from the Board effective immediately.”

NEWMARKET CORP reported the second quarter ended June 30, 2023 results: net income $99.6 million, EPS $10.36.

“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.”

Regina Anne Harm departed as President of Afton Chemical Corporation at NEWMARKET CORP.

“Ms. Harm will retire from the Company on August 1, 2023.”

NEWMARKET CORP shareholders rejected Shareholder proposal regarding the publication of GHG emissions and setting short-, medium- and long-term emission reduction targets to align with net zero by 2050 at the 2023-04-27 meeting.

“6. The shareholders did not approve the shareholder proposal regarding the publication of GHG emissions and setting short-, medium- and long-term emission reduction targets to align business activities with net zero emissions by 2050 in line with the Paris Climate Agreement, as set forth below:”

NEWMARKET CORP shareholders approved Approval of the 2023 Incentive Plan at the 2023-04-27 meeting.

“5. The shareholders approved the 2023 Incentive Plan, as set forth below:”

NEWMARKET CORP shareholders approved Advisory vote on the frequency of future advisory votes on the compensation of named executive officers at the 2023-04-27 meeting.

“4. The shareholders approved, on an advisory basis, holding future advisory votes on the compensation of the Company’s named executive officers every one year, as set forth below:”

NEWMARKET CORP shareholders approved Advisory approval of the Company's executive compensation program for its named executive officers at the 2023-04-27 meeting.

“3. The shareholders approved, on an advisory basis, the Company’s executive compensation program for its named executive officers disclosed in the Proxy Statement, as set forth below:”

NEWMARKET CORP shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-04-27 meeting.

“2. The shareholders ratified the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending December 31, 2023, as set forth below:”

NEWMARKET CORP shareholders approved Election of seven nominees to serve on the Board of Directors for the ensuing year at the 2023-04-27 meeting.

“Item 5.07 Submission of Matters to a Vote of Security Holders. At the Annual Meeting, the proposals listed below were submitted to a vote of shareholders. The proposals are described in more detail in the Proxy Statement. The results are as follows: 1. The shareholders elected each of the Company’s seven (7) nominees to serve on its Board of Directors for the ensuing year, as set forth below:”

NEWMARKET CORP reported first quarter of 2023 results: net income $97.6 million, EPS $10.09 per share.

“Net income for the first quarter of 2023 was $97.6 million, or $10.09 per share, compared to net income of $59.3 million, or $5.75 per share, for the first quarter of 2022.”

NEWMARKET CORP reported For the full year 2022 results: revenue $2.8 billion, net income $279.5 million, EPS $27.77 per share.

“Net income for 2022 was $279.5 million, or $27.77 per share, compared to net income of $190.9 million, or $17.71 per share, for 2021. Petroleum additives sales for the fourth quarter were $680.3 million and reached $2.8 billion for 2022, compared to $2.3 billion for 2021.”

NEWMARKET CORP reported For the fourth quarter of 2022 results: revenue $680.3 million, net income $90.5 million, EPS $9.26 per share.

“Net income for the fourth quarter of 2022 was $90.5 million, or $9.26 per share. Net income for 2022 was $279.5 million, or $27.77 per share, compared to net income of $190.9 million, or $17.71 per share, for 2021. Petroleum additives sales for the fourth quarter were $680.3 million and reached $2.8 billion for 2022, compared to $2.3 billion for 2021.”

Gail C. Ridgeway was appointed as Principal Accounting Officer and Controller at NEWMARKET CORP.

“Gail C. Ridgeway has been appointed Principal Accounting Officer and Controller of the Company, effective January 1, 2023.”

William J. Skrobacz was appointed as Vice President and Chief Financial Officer at NEWMARKET CORP.

“William J. Skrobacz has been appointed Vice President and Chief Financial Officer of the Company, effective January 1, 2023.”

Brian D. Paliotti was appointed as President of Afton at NEWMARKET CORP.

“The Company also announced that, effective January 1, 2023, Brian D. Paliotti will succeed Mrs. Harm as President of Afton.”

Regina Anne Harm departed as President of Afton Chemical Corporation at NEWMARKET CORP.

“Regina Anne Harm, President of Afton Chemical Corporation (“Afton”), is stepping down from her role as President of Afton effective December 31, 2022, as she intends to retire in 2023.”

Ting Xu was elected as Director at NEWMARKET CORP.

“On February 24, 2022, NewMarket Corporation (the “Company”) issued a press release announcing that its Board of Directors has elected Ting Xu to the Board of Directors, effective as of February 24, 2022.”