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Stock impact report

NewMarket Corporation Reports Third Quarter and First Nine Months 2024 Results

NewMarket Corp (NEU) 
Company Research Source: Business Wire
Third Quarter Net Income of $132 Million and Earnings Per Share of $13.79Nine Months Petroleum Additives Operating Profit of $456 MillionFirst Nine Months AMPAC Results Consistent with Pre-Acquisition ExpectationsDebt Reduction of $259 Million since AMPAC Acquisition RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE:NEU) Chairman and Chief Executive Officer, Thomas E. Gottwald, released the following earnings report of the Company’s operations for the third quarter and first nine months of 2024.Net income for the third quarter of 2024 was $132.3 million, or $13.79 per share, compared to net income of $111.2 million, or $11.60 per share, for the same period last year. For the first nine months of 2024, net income was $351.7 million, or $36.66 per share, compared to $308.5 million, or $32.05 per share, for the same period in 2023.Petroleum additives sales for the third quarter of 2024 were $663.0 million, compared to $663.7 million for the same period in 2023. Petroleum add Show less Read more
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