NewMarket Corporation (NYSE:NEU) Q1 2022 Earnings Conference Call April 28, 2022 3:15 PM ET Company Participants Brian Paliotti - Vice President and Chief Financial Officer Conference Call Participants Operator Good afternoon, ladies and gentlemen and welcome to the NewMarket Corporation Conference Call and Webcast to review First Quarter 2022 Financial Results. At this time, all participants have been placed on a listen-only mode. It is now my pleasure to turn the floor over to your host, Chief Financial ...

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 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports); and (2) has been subject to such filing requirements ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Incorporated pursuant to the Laws of the Commonwealth of Virginia Internal Revenue Service Employer Identification No. 20-0812170 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, 2021 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 ...

NewMarket Corporation (NYSE:NEU) Q4 2021 Earnings Conference Call February 3, 2022 3:00 PM ET Company Representatives Brian Paliotti - Vice President, Chief Financial Officer Conference Call Participants Operator Good afternoon ladies and gentlemen and welcome to the NewMarket Corporation Conference Call and webcast to review the Fourth Quarter 2021 and Full Year Financial Results. At this time all participants have been placed on a listen-only mode. It is now my pleasure to turn the floor over to your hos ...

NewMarket Corporation (NYSE:NEU) Q3 2021 Earnings Conference Call October 26, 2021 3:00 PM ET Company Participants Brian Paliotti - Chief Financial Officer Operator Good day, ladies and gentlemen and welcome to the NewMarket Corporation Conference Call and Webcast to review Third Quarter 2021 Financial Results. At this time, all participants have been placed on a listen-only mode. It is now my pleasure to turn the floor over to your host, Brian Paliotti. Sir, the floor is yours. Brian Paliotti Thank you, Ka ...

Financial Performance - Net sales for the third quarter of 2021 totaled $622.2 million, an increase of $109.3 million, or 21.3%, from the third quarter of 2020[82] - For the first nine months of 2021, consolidated net sales reached $1.8 billion, representing an increase of $296.4 million, or 20.0%, compared to the same period in 2020[82] - Petroleum additives net sales for the third quarter of 2021 were $619.1 million, up 21.3% from $510.3 million in the third quarter of 2020[85] - The petroleum additives operating profit decreased by $30.1 million in the third quarter of 2021 compared to the same quarter in 2020[93] Profitability and Costs - The operating profit margin for petroleum additives was 11.7% in the third quarter of 2021, down from 20.0% in the third quarter of 2020[94] - The cost of goods sold as a percentage of net sales was 77.7% for the third quarter of 2021, increasing from 67.9% in the third quarter of 2020[95] - Interest and financing expenses rose to $9.3 million in Q3 2021 from $6.5 million in Q3 2020, and totaled $24.6 million for the first nine months of 2021 compared to $20.6 million in the same period of 2020, primarily due to higher outstanding debt[100] - Other income (expense), net decreased to $7.4 million in Q3 2021 from $25.3 million in Q3 2020, and was $19.8 million for the first nine months of 2021 compared to $39.3 million in the same period of 2020[101] - Income tax expense for Q3 2021 was $9.1 million with an effective tax rate of 14.9%, down from $21.8 million and 18.6% in Q3 2020[102] Cash Flow and Working Capital - Cash and cash equivalents decreased by $65.6 million to $59.6 million as of September 30, 2021, compared to December 31, 2020[105] - Total working capital increased to $975.5 million at September 30, 2021, up from $585.6 million at December 31, 2020, with a current ratio of 3.49 to 1[111] - Cash used in investing activities totaled $445.6 million in the first nine months of 2021, including $381.5 million for marketable securities and $64.0 million for capital expenditures[112] - Long-term debt increased to $991.9 million at September 30, 2021, compared to $598.8 million at December 31, 2020[114] Market Outlook and Strategy - The company expects to continue facing challenges from rising raw material costs and supply chain disruptions[77] - The company expects the petroleum additives market to grow at an annual rate of 1% to 2% for the foreseeable future, with plans to exceed this growth rate[124] - The company aims to provide a 10% compounded return per year for shareholders over any five-year period, focusing on customer solutions and technology-driven offerings[123] Investments and Development - Investments are being made in organizational talent, technology development, and global infrastructure to support long-term growth[76] - R&D investment in petroleum additives increased by $2.3 million in Q3 2021 compared to Q3 2020, and by $5.1 million in the first nine months of 2021 compared to the same period in 2020, representing 5.7% of net sales in Q3 2021[98] Shareholder Actions - The company repurchased 292,392 shares of common stock for a total of $99.5 million during the third quarter of 2021[75] Shipment Volume - The volume of product shipments for petroleum additives increased by 11.9% in the third quarter of 2021 compared to the same period in 2020[88]

NewMarket Corporation (NYSE:NEU) Q2 2021 Earnings Conference Call July 29, 2021 3:00 PM ET Company Participants Brian Paliotti ??? Vice President and Chief Financial Officer Conference Call Participants Operator Good day, ladies and gentlemen, and welcome to the NewMarket Corporation Conference Call and Webcast to review Second Quarter 2021 Financial Results. [Operator Instructions] At this time, it is my pleasure to turn the floor over to your host, Brian Paliotti. Sir, the floor is yours. Brian Paliotti T ...

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 the quarterly period ended June 30, 2021 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 1-32190 Table of Contents NEWMARKET CORPORATION (Exact name of registrant as specified in its charter) Virginia 20-0812170 (State or other juris ...

NewMarket Corporation (NYSE:NEU) Q1 2021 Earnings Conference Call April 22, 2021 3:00 PM ET Company Participants Brian Paliotti ??? Vice President & Chief Financial Officer Conference Call Participants Operator Good day, ladies and gentlemen, and welcome to your NewMarket Corporation Conference Call and Webcast to Review First Quarter 2021 Financial Results. All lines have been placed in a listen-only mode. And as a reminder, today???s call is being recorded. At this time, it is my pleasure to turn the floo ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 (Exact name of registrant as specified in its charter) Virginia 20-0812170 (State or other jurisdiction of incorporation or organization) FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission ...