Orion Provides Update on Full-Year 2020 Guidance, Bolsters Cash Position and Enhances Financial Flexibility by Suspending Dividend
Orion Engineered Carbons S.A Common Shares (OEC)
Last orion engineered carbons s.a common shares earnings: 2/20 04:45 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.orioncarbons.com
Company Research
Source: Business Wire
Withdrawing company guidance for 2020 financial performance Bolstering cash position to approximately $100 million Suspending dividend to significantly enhance financial flexibility HOUSTON--(BUSINESS WIRE)--In response to the ongoing uncertainty surrounding the duration, magnitude and geographic reach of COVID-19, Orion Engineered Carbons S.A. (NYSE: OEC) today announced it is withdrawing its full-year 2020 guidance issued on February 20, 2020. The company also announced several proactive actions to maintain and strengthen its financial flexibility, including increasing its cash position and suspending its dividend.Withdrawing Earnings Guidance As stated in Orion’s earnings presentation dated February 21, 2020, the company’s guidance included its estimate of the 1Q20 financial and operational impacts of COVID 19. Given the increasing impact and uncertainty surrounding the duration, magnitude and geographic reach of COVID-19, and the likelihood that COVID-19 will have implications
Show less
Read more
Impact Snapshot
Event Time:
OEC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OEC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OEC alerts
High impacting Orion Engineered Carbons S.A Common Shares news events
Weekly update
A roundup of the hottest topics
OEC
News
- Orion S.A. to Participate in Baird’s Global Industrial ConferenceBusiness Wire
- Orion S.A. (NYSE: OEC) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating. They now have a $21.00 price target on the stock, up previously from $20.00.MarketBeat
- Orion S.A. Reports Third Quarter 2024 Financial ResultsBusiness Wire
- Here's Why Orion S.A. (OEC) Detracted in Q3 [Yahoo! Finance]Yahoo! Finance
- Orion S.A. to Increase Prices for Certain Specialty Carbon Black GradesBusiness Wire
OEC
Earnings
- 11/7/24 - Miss
OEC
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 11/7/24 - Form 10-Q
- OEC's page on the SEC website