When considering new stock purchases, investors often find themselves choosing between companies that offer great growth opportunities or procuring passive income. To have both options in a single investment, though, is not an opportunity that comes along very often.But that's exactly what Albemarle (ALB 0.07%) offers right now. Shares of Albemarle, a leading lithium producer, are attractive for a variety of reasons, including the fact that the stock is hanging on the discount rack. Undeniably, this is one ...

Albemarle Corporation (NYSE:ALB) Q3 2023 Earnings Conference Call November 2, 2023 9:00 AM ET Company Participants Meredith Bandy - Vice President, Investor Relations Kent Masters - Chief Executive Officer Scott Tozier - Chief Financial Officer Netha Johnson - President, Specialties Eric Norris - President, Energy Storage Conference Call Participants Patrick Cunningham - Citi Josh Spector - UBS Joel Jackson - BMO Capital Markets Michael Sison - Wells Fargo Securities Jeffrey Zekauskas - JPMorgan Aleksey Yef ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q _________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For Quarterly Period Ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-12658 _________________________________________________ ALBEMARLE CORPORA ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q _________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For Quarterly Period Ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-12658 _________________________________________________ ALBEMARLE CORPORATION ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q _________________________________________________ For Quarterly Period Ended March 31, 2023 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-12658 _________________________________________________ ALBEMARLE CORPORATION ...

Financial Data and Key Metrics Changes - Fourth quarter net sales reached approximately $2.6 billion, up 193% year-over-year, primarily driven by the Lithium segment [6][5] - Net income attributable to Albemarle was $1.1 billion for the fourth quarter, with diluted EPS at a record $9.60, surpassing the previous full-year EPS record of $6.34 in 2018 [6][5] - Adjusted EBITDA for the fourth quarter was over $1.2 billion, an increase of almost 5.5 times year-over-year, contributing to a nearly 300% increase for the full year [6][7] Business Line Data and Key Metrics Changes - The Lithium segment was the main driver of sales growth, while the Bromine segment saw slight increases, and the Catalyst segment experienced a decline due to a plant shutdown [6][7] - Full year 2023 guidance remains unchanged, expecting adjusted EBITDA to be approximately 20% to 45% higher than 2022, with positive trends across all three business segments [7][8] Market Data and Key Metrics Changes - Anticipated net sales growth for 2023 is projected between 55% to 75% [5] - EV sales in China are expected to grow 40% year-over-year, with a projected increase of nearly 3 million vehicles [13][14] Company Strategy and Development Direction - The company aims to build on its global leadership in Energy Storage and Specialties, continuing to invest in capacity and innovation [5][12] - Capital expenditures are expected to increase from about $1.7 billion to $1.9 billion in 2023, with a long-term projection of $4 billion to $4.4 billion by 2027 [11][12] - The company is focusing on sustainability, with about 5% of capital spending linked to sustainability improvements [12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the market opportunity for essential elements and the ability to seize it, despite challenges in managing growth [5][14] - The reopening of China is expected to lead to a short-lived moderation in EV demand, with a robust medium to long-term outlook [13][14] Other Important Information - The company is actively discussing restructuring the MARBL joint venture, with expectations to announce updates soon [10][52] - The accounting treatment of the MARBL joint venture will impact reported margins, as the company expects to report 100% of net sales but only its share of EBITDA [10] Q&A Session Summary Question: Long-term milestones for Kings Mountain site permitting process - Management is optimistic about the permitting process for the Kings Mountain site, with community outreach ongoing and a strategy for permitting expected to begin in the latter half of the year [18][20] Question: Thoughts on lithium spot price softening in China - Management noted that the softening is related to seasonal demand and the impact of subsidies rolling off, but expects a rebound in demand later in the year [23][25] Question: Full year guidance and Q1 vs Q2 EBITDA split - Management expects Q1 to be stronger than Q2 due to inventory lag and strong prices from Q4 carrying into Q1 [26][27] Question: Equity income from Talison and spodumene production capacity - If lithium prices remain flat, equity income from Talison is expected to increase due to a shift in transfer pricing lag [29][30] Question: European strategy for lithium supply - The company is considering a combination of local resources and imports from Chile and Western Australia for its European strategy, with plans for a greenfield site [36][38] Question: Updates on additional capacity options in the US - Management is still evaluating site selection for conversion facilities in the US, with ongoing projects at Kings Mountain and Silver Peak [48][49]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________ FORM 10-K ________________________________________ ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2022 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number 001-12658 ALBEMARLE CORPORATION (Exact name of registrant as speci ...

Albemarle Corporation (NYSE:ALB) Q2 2022 Earnings Conference Call August 4, 2022 9:00 AM ET Company Participants Meredith Bandy - Vice President of Investor Relations and Sustainability Kent Masters - Chairman, President and Chief Executive Officer Scott Tozier - Executive Vice President and Chief Financial Officer Eric Norris - President, Lithium Conference Call Participants PJ Juvekar - Citi Christopher Parkinson - Mizuho David Begleiter - Deutsche Bank James Cannon - UBS Colin Rusch - Oppenheimer and Com ...