NewMarket Q2 revenue, profit rise on surcharges from higher supply-chain costs amid disruptions in the Middle East

NewMarket

29/07/2026 22:19

Overview
US petroleum additives and specialty materials firm's Q2 revenue and net income rose yr/yr
Q2 EPS increased to $14.54 from $11.84 a year earlier
Petroleum additives profit rose due to surcharges addressing higher supply chain costs

Outlook
Company expects ongoing variation in specialty materials segment results due to business nature
NewMarket expects additional specialty materials capacity to come online toward end of 2026
Company says petroleum additives surcharges and operational actions remain in place, will adjust as markets evolve

Result Drivers
SURCHARGES AND COST RECOVERY - Petroleum additives profit increased due to surcharges implemented in response to higher supply chain costs, particularly from disruptions in the Middle East
OPERATIONAL EFFICIENCY - Company said continued focus on operational efficiency contributed to improved operating profit
SPECIALTY MATERIALS SEGMENT EXPANSION - Higher sales and profit in specialty materials segment, partially reflecting inclusion of Calca acquisition results

Company press release: ID:nBwbwgVrXa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
 
$747.09 mln
 
Q2 EPS
 
$14.54
 
Q2 Net Income
 
$133.75 mln
 

Reuters Recommended Reads
July 28 - HF Sinclair posts highest profit since 2022, plans lubricants unit spin-off
July 29 - SABIC posts narrower quarterly loss, revenue falls 18% as Iran war disrupts supply chains
July 29 - Germany's BASF Q2 net income surges on coatings sale

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)