NewMarket Reports Q1 2026 Earnings with Declines in Petroleum Additives Sales and Operating Profit
NewMarket (NYSE:NEU) reported Q1 2026 net income of $118 million, down from $126 million in the same period last year, driven by a 7% decline in petroleum additives shipments and reduced low-margin business. Specialty materials sales increased due to an acquisition but saw lower operating profit. The company returned $154 million to shareholders and adjusted pricing and production to offset rising costs.
Topics: Buybacks Dividend Earnings Market Performance Net Income Petroleum Additives