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Earnings
Orion Engineered backs FY22 adjusted EPS view $2.00-$2.35, consensus $2.29 » 16:37
08/04/22
08/04
16:37
08/04/22
16:37
OEC

Orion Engineered

$17.10 /

-0.3 (-1.72%)

"The second half of…

"The second half of 2022 will be busy for us. We are on track to complete the air emission controls work in Borger, Texas, complete the mechanical phase of our greenfield plant in Huaibei, complete a meaningful debottlenecking project and we are working hard on shifting European reactors to away from natural gas firing. We co-generate electricity and/or provide community heating at all of our European sites that use natural gas, so there is a good case for us being exempted from curtailments. Nonetheless, we are working hard to meet the 15 percent voluntary natural gas reduction target promoted by the E.U. and protect our business. We are confirming our Adjusted EBITDA range of $310 million to $340 million and Adjusted earnings per share range of $2.00 to $2.35 per share," Mr. Painter concluded.

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OEC Orion Engineered
$17.10 /

-0.3 (-1.72%)

OEC Orion Engineered
$17.10 /

-0.3 (-1.72%)

02/22/22 Barclays
Orion Engineered price target lowered to $16 from $17 at Barclays
11/29/21 Loop Capital
Orion Engineered price target raised to $28 from $26 at Loop Capital
OEC Orion Engineered
$17.10 /

-0.3 (-1.72%)

Earnings
Orion Engineered Carbons reports Q2 adjusted EPS 58c, consensus 62c » 16:37
08/04/22
08/04
16:37
08/04/22
16:37
OEC

Orion Engineered

$17.10 /

-0.3 (-1.72%)

Reports Q2 revenue…

Reports Q2 revenue $541.2M, consensus $494.57M. "Orion's record second quarter and first half results reflect a step-up in our earnings capacity with more to come. Our Huaibei greenfield project, significant debottlenecking projects and our acetylene project in the U.S. will contribute further over the coming 12 to 24 months. The team overcame the effects of a strong U.S. dollar, carbon black oil challenges in Eastern Europe, ongoing shipping challenges and inflationary pressures to increase Adjusted EBITDA by 5.8 percent, with both businesses performing extremely well," said Corning Painter, Orion's chief executive officer.

ShowHide Related Items >><<
OEC Orion Engineered
$17.10 /

-0.3 (-1.72%)

OEC Orion Engineered
$17.10 /

-0.3 (-1.72%)

02/22/22 Barclays
Orion Engineered price target lowered to $16 from $17 at Barclays
11/29/21 Loop Capital
Orion Engineered price target raised to $28 from $26 at Loop Capital
OEC Orion Engineered
$17.10 /

-0.3 (-1.72%)

Over a month ago
Hot Stocks
Orion Engineered to raises prices 20% on rubber carbon black products » 16:36
06/16/22
06/16
16:36
06/16/22
16:36
OEC

Orion Engineered

$15.72 /

-1.79 (-10.22%)

Orion Engineered Carbons…

Orion Engineered Carbons announced it will raise prices by 20% for all rubber carbon black products manufactured in Europe and the Americas. Payment terms will be reduced by at least 50% to conform with updated standards across the different regions. The changes will be effective for all shipments on or after Aug. 1, 2022, or as contracts permit.

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OEC Orion Engineered
$15.72 /

-1.79 (-10.22%)

OEC Orion Engineered
$15.72 /

-1.79 (-10.22%)

02/22/22 Barclays
Orion Engineered price target lowered to $16 from $17 at Barclays
11/29/21 Loop Capital
Orion Engineered price target raised to $28 from $26 at Loop Capital
06/18/21
Fly Intel: Top five analyst upgrades
06/18/21 JPMorgan
Orion Engineered upgraded on favorable demand conditions at JPMorgan
OEC Orion Engineered
$15.72 /

-1.79 (-10.22%)

Hot Stocks
Orion Engineered to discuss growth strategy, financial targets » 07:38
06/08/22
06/08
07:38
06/08/22
07:38
OEC

Orion Engineered

$20.12 /

-0.25 (-1.23%)

Orion Engineered Carbons…

Orion Engineered Carbons will host its 2022 Investor Day in New York. CEO, Corning Painter, and other members of the executive team will provide a review of the company's growth strategy and financial targets. Key themes at the event: Defining the company's strategy to accelerate growth. Investing in higher margin opportunities to expand financial returns. Elevating Orion's position in the industry. Providing a roadmap towards achievable mid-cycle financial performance. 2025 Mid-cycle Adjusted EBITDA capacity of ~$500M. Cumulative 2023-2025 discretionary free cash flow of ~$700M to ~$800M.

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OEC Orion Engineered
$20.12 /

-0.25 (-1.23%)

OEC Orion Engineered
$20.12 /

-0.25 (-1.23%)

02/22/22 Barclays
Orion Engineered price target lowered to $16 from $17 at Barclays
11/29/21 Loop Capital
Orion Engineered price target raised to $28 from $26 at Loop Capital
06/18/21
Fly Intel: Top five analyst upgrades
06/18/21 JPMorgan
Orion Engineered upgraded on favorable demand conditions at JPMorgan
OEC Orion Engineered
$20.12 /

-0.25 (-1.23%)

Over a quarter ago
Hot Stocks
Orion Engineered to build only acetylene-based additives plant in U.S. » 16:48
05/05/22
05/05
16:48
05/05/22
16:48
OEC

Orion Engineered

$16.24 /

-0.32 (-1.93%)

Orion Engineered…

Orion Engineered announced plans to build the only plant in the U.S. producing acetylene-based conductive additives - a critical link in the value chain for lithium-ion batteries, high-voltage cables and other products powering the global transition to electrification and renewable energy. Orion's planned facility in La Porte, Texas, south of Houston, will be backed by a long-term agreement for acetylene supplied from a neighboring site owned by Equistar Chemicals LP, a subsidiary of LyondellBasell. Orion will invest between $120 million to $140 million in the facility, expected to start up in the second half of 2024. This investment should increase the company's conductive additives capacity by approximately 12 kilotons per year. "With this investment, we will quadruple our effective manufacturing capacity of acetylene-based conductive additives," said Corning Painter, Orion's CEO. "We are already experiencing high demand for this material, so expanding capacity for it is one of our top investment priorities and a major milestone in our growth plans. This is a very big day for Orion."

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OEC Orion Engineered
$16.24 /

-0.32 (-1.93%)

OEC Orion Engineered
$16.24 /

-0.32 (-1.93%)

02/22/22 Barclays
Orion Engineered price target lowered to $16 from $17 at Barclays
11/29/21 Loop Capital
Orion Engineered price target raised to $28 from $26 at Loop Capital
06/18/21
Fly Intel: Top five analyst upgrades
06/18/21 JPMorgan
Orion Engineered upgraded on favorable demand conditions at JPMorgan
OEC Orion Engineered
$16.24 /

-0.32 (-1.93%)

Earnings
Orion Engineered raises FY22 EPS view to $2-$2.35 from $1.90-$2.20 » 16:47
05/05/22
05/05
16:47
05/05/22
16:47
OEC

Orion Engineered

$16.24 /

-0.32 (-1.93%)

Consensus $2.09. Raises…

Consensus $2.09. Raises FY22 adjusted EBITDA view to $310M-$340M from $300M-$325M.

ShowHide Related Items >><<
OEC Orion Engineered
$16.24 /

-0.32 (-1.93%)

OEC Orion Engineered
$16.24 /

-0.32 (-1.93%)

02/22/22 Barclays
Orion Engineered price target lowered to $16 from $17 at Barclays
11/29/21 Loop Capital
Orion Engineered price target raised to $28 from $26 at Loop Capital
06/18/21
Fly Intel: Top five analyst upgrades
06/18/21 JPMorgan
Orion Engineered upgraded on favorable demand conditions at JPMorgan
OEC Orion Engineered
$16.24 /

-0.32 (-1.93%)

Earnings
Orion Engineered reports Q1 adjusted EPS 57c, consensus 52c » 16:46
05/05/22
05/05
16:46
05/05/22
16:46
OEC

Orion Engineered

$16.24 /

-0.32 (-1.93%)

Reports Q1 revenue…

Reports Q1 revenue $484.5M, consensus $455.32M. "First, I want to thank our dedicated employees for remaining focused on safety and providing exceptional customer service during this period of supply disruptions, particularly in the E.U. We achieved record Adjusted EBITDA, up 17.3 percent, reflecting operational excellence across both businesses, including the ability to pass through inflationary costs," said Corning Painter, Orion's chief executive officer.

ShowHide Related Items >><<
OEC Orion Engineered
$16.24 /

-0.32 (-1.93%)

OEC Orion Engineered
$16.24 /

-0.32 (-1.93%)

02/22/22 Barclays
Orion Engineered price target lowered to $16 from $17 at Barclays
11/29/21 Loop Capital
Orion Engineered price target raised to $28 from $26 at Loop Capital
06/18/21
Fly Intel: Top five analyst upgrades
06/18/21 JPMorgan
Orion Engineered upgraded on favorable demand conditions at JPMorgan
OEC Orion Engineered
$16.24 /

-0.32 (-1.93%)

Hot Stocks
Orion Engineered to increase rubber carbon black prices in Europe » 16:33
03/30/22
03/30
16:33
03/30/22
16:33
OEC

Orion Engineered

$16.18 /

-0.05 (-0.31%)

Orion Engineered Carbons…

Orion Engineered Carbons announced that effective for all shipments made on or after April 1, or as permitted by customer contracts, the company is changing its carbon black oil surcharge and introducing a natural gas charge on all rubber carbon black products manufactured in Europe. Due to changes in feedstock availability, quality and logistics, the company considers it necessary to adjust its carbon black oil surcharge to reflect actual cost developments. In addition, given the volatile cost situation in the natural gas supply, Orion is introducing a natural gas charge for all rubber carbon black produced in Orion's European plants. These actions are required to continue to remain a reliable, long-term global supplier of high-quality goods and services to our customers as we safely and sustainably manufacture our rubber carbon black products.

ShowHide Related Items >><<
OEC Orion Engineered
$16.18 /

-0.05 (-0.31%)

OEC Orion Engineered
$16.18 /

-0.05 (-0.31%)

02/22/22 Barclays
Orion Engineered price target lowered to $16 from $17 at Barclays
11/29/21 Loop Capital
Orion Engineered price target raised to $28 from $26 at Loop Capital
06/18/21
Fly Intel: Top five analyst upgrades
06/18/21 JPMorgan
Orion Engineered upgraded on favorable demand conditions at JPMorgan
OEC Orion Engineered
$16.18 /

-0.05 (-0.31%)

Conference/Events
Orion Engineered management to meet virtually with Loop Capital » 04:55
03/23/22
03/23
04:55
03/23/22
04:55
OEC

Orion Engineered

$15.95 /

-0.2 (-1.24%)

Virtual Meeting to be…

Virtual Meeting to be held on March 23 hosted by Loop Capital.

ShowHide Related Items >><<
OEC Orion Engineered
$15.95 /

-0.2 (-1.24%)

OEC Orion Engineered
$15.95 /

-0.2 (-1.24%)

02/22/22 Barclays
Orion Engineered price target lowered to $16 from $17 at Barclays
11/29/21 Loop Capital
Orion Engineered price target raised to $28 from $26 at Loop Capital
06/18/21
Fly Intel: Top five analyst upgrades
06/18/21 JPMorgan
Orion Engineered upgraded on favorable demand conditions at JPMorgan
OEC Orion Engineered
$15.95 /

-0.2 (-1.24%)

Conference/Events
Orion Engineered management to meet virtually with Loop Capital » 13:02
03/15/22
03/15
13:02
03/15/22
13:02
OEC

Orion Engineered

$15.95 /

-0.25 (-1.54%)

Virtual Meeting to be…

Virtual Meeting to be held on March 23 hosted by Loop Capital.

ShowHide Related Items >><<
OEC Orion Engineered
$15.95 /

-0.25 (-1.54%)

OEC Orion Engineered
$15.95 /

-0.25 (-1.54%)

02/22/22 Barclays
Orion Engineered price target lowered to $16 from $17 at Barclays
11/29/21 Loop Capital
Orion Engineered price target raised to $28 from $26 at Loop Capital
06/18/21
Fly Intel: Top five analyst upgrades
06/18/21 JPMorgan
Orion Engineered upgraded on favorable demand conditions at JPMorgan
OEC Orion Engineered
$15.95 /

-0.25 (-1.54%)

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