ALB Stock Quote
| Symbol: | ALB |
|---|---|
| Quote: | 80.38 |
| Change: | -1.46 |
| Change %: | -1.78% |
| High: | 82.48 |
| Low: | 79.88 |
| Open: | 80.44 |
|---|---|
| Volume: | 2,043,083 |
| 52 Week: | 49.43-113.91 |
| P/E Ratio: | -8.62 |
| EPS: | -9.33 |
| Market Cap: | 9.46 B |
Company Report
Albemarle Corporation is a global leader in the development, manufacturing, and distribution of engineered specialty chemicals. Operating worldwide, the company is structured into three key segments: Lithium, Bromine, and Catalysts. The Lithium segment focuses on producing lithium compounds essential for lithium batteries used in consumer electronics and electric vehicles, as well as in high-performance greases and thermoplastic elastomers. Additionally, it supplies cesium products and provides recycling services for lithium-containing by-products. The Bromine segment specializes in bromine and its derivatives, used extensively in fire safety solutions, chemical synthesis, oil and gas well drilling fluids, water purification, and industrial applications like mercury control and meat processing. It also offers tertiary amines for surfactants and disinfectants. The Catalysts segment delivers a range of catalysts crucial for hydroprocessing, isomerization, alkylation, and fluidized catalytic cracking processes in the petroleum refining and chemical industries. Albemarle serves diverse sectors including energy storage, automotive, pharmaceuticals, and agriculture, among others, supporting global industries with essential chemical solutions.
Founded in 1887 and headquartered in Charlotte, North Carolina, Albemarle Corporation has a rich history of innovation and expertise in specialty chemicals. The company leverages its extensive research and development capabilities to drive advancements in lithium and bromine technologies, meeting the evolving demands of modern industries. Albemarle's commitment to sustainability is evident through its recycling initiatives and environmentally conscious product offerings, reinforcing its position as a trusted partner in global chemical solutions.
Albemarle Corporation maintains a strong market presence through strategic partnerships and a global distribution network, ensuring its products and services reach diverse markets effectively. With a focus on quality, innovation, and sustainability, Albemarle continues to play a pivotal role in shaping the future of specialty chemicals worldwide.
ALB EPS Chart
ALB Revenue Chart
ALB Profile
| Exchange: | NYSE |
|---|---|
| Beta: | 1.652 |
| Industry: | Chemicals - Specialty |
| Sector: | Basic Materials |
| Employees: | 8,300 |
| IPO Date: | Feb 22, 1994 |
ALB News
The latest trading day saw Albemarle (ALB) settling at $75.05, representing a +2.36% change from its previous close. 11 days ago |
The Zacks Chemicals Diversified industry is hamstrung by weak demand in Europe, China and key end markets. DD, ALB and MEOH are poised to navigate the industry challenges. 11 days ago |
CATL's Jianxiawo mine shutdown briefly spiked lithium prices, but Albemarle and peers were already in recovery mode regardless. Albemarle cut CAPEX and debt, aiming for consistent positive free cash flow by 2025 amid tough market conditions. Lithium demand expected to more than double by 2030, driven by EV growth, China's dominance, and data center... 11 days ago |
Zacks.com users have recently been watching Albemarle (ALB) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects. 12 days ago |
Shares of lithium miner Albemarle dropped early Tuesday after a report that Chinese producer CATL would restart an idled mine. 13 days ago |
Analyst Ratings