NL Industries

NL REPORTS FOURTH QUARTER 2023 RESULTS

Retrieved on: 
Wednesday, March 6, 2024

Dallas, Texas, March 06, 2024 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE: NL) today reported net income attributable to NL stockholders of $7.6 million, or $.16 per share, in the fourth quarter of 2023 compared to a net loss attributable to NL stockholders of $6.1 million, or $.13 per share, in the fourth quarter of 2022.

Key Points: 
  • Dallas, Texas, March 06, 2024 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE: NL) today reported net income attributable to NL stockholders of $7.6 million, or $.16 per share, in the fourth quarter of 2023 compared to a net loss attributable to NL stockholders of $6.1 million, or $.13 per share, in the fourth quarter of 2022.
  • NL’s results include an unrealized gain of $2.4 million in the fourth quarter of 2023 related to the change in value of marketable equity securities compared to a $3.8 million unrealized loss in the fourth quarter of 2022.
  • Income from operations attributable to CompX was $7.4 million for the fourth quarter of 2023 compared to $5.4 million for the fourth quarter of 2022 and $25.4 million for each of the full years of 2022 and 2023.
  • Kronos’ net sales of $400.1 million in the fourth quarter of 2023 were $57.7 million, or 17%, higher than in the fourth quarter of 2022.

NL INDUSTRIES ANNOUNCES QUARTERLY DIVIDEND FOR THE FIRST QUARTER OF 2024 AT $.08 PER SHARE

Retrieved on: 
Wednesday, February 28, 2024

Dallas, Texas, Feb. 28, 2024 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE: NL) today announced that its board of directors has declared a quarterly dividend of eight cents ($0.08) per share on its common stock, payable on March 21, 2024 to shareholders of record at the close of business on March 11, 2024.

Key Points: 
  • Dallas, Texas, Feb. 28, 2024 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE: NL) today announced that its board of directors has declared a quarterly dividend of eight cents ($0.08) per share on its common stock, payable on March 21, 2024 to shareholders of record at the close of business on March 11, 2024.
  • NL Industries, Inc. is engaged in the component products (security products and recreational marine components) and chemicals (TiO2) businesses.

Stock indexes are breaking records and crossing milestones – making many investors feel wealthier

Retrieved on: 
Thursday, February 15, 2024

The S&P 500 stock index topped 5,000 for the first time on Feb. 9, 2024, exciting some investors and garnering a flurry of media coverage. The Conversation asked Alexander Kurov, a financial markets scholar, to explain what stock indexes are and to say whether this kind of milestone is a big deal or not. What are stock indexes?When prices rise or fall overall for the shares of those companies, so do stock indexes.

Key Points: 


The S&P 500 stock index topped 5,000 for the first time on Feb. 9, 2024, exciting some investors and garnering a flurry of media coverage. The Conversation asked Alexander Kurov, a financial markets scholar, to explain what stock indexes are and to say whether this kind of milestone is a big deal or not.

What are stock indexes?

  • When prices rise or fall overall for the shares of those companies, so do stock indexes.
  • The number of stocks in those baskets varies, as does the system for how this mix of shares gets updated.
  • The Dow Jones Industrial Average, also known as the Dow, includes shares in the 30 U.S. companies with the largest market capitalization – meaning the total value of all the stock belonging to shareholders.
  • The Nasdaq composite tracks performance of more than 2,500 stocks listed on the Nasdaq stock exchange.
  • The S&P 500 index was introduced in 1957 because many investors wanted an option that was more representative of the overall U.S. stock market.

Why are there so many?

  • Most of them, including the Nasdaq composite and the S&P 500, are value-weighted.
  • That means stocks with larger market values account for a larger share of the index’s performance.

Do these milestones matter?

  • The DJIA first reached 1,000 in November 1972, and it crossed the 10,000 mark on March 29, 1999.
  • Investors and the media will treat the new record set when it gets to another round number – 40,000 – as a milestone.
  • Because there’s a lot of randomness in financial markets, the significance of round-number milestones is mostly psychological.
  • Index milestones matter to the extent they pique investors’ attention and boost market sentiment.
  • Many economists believe that the consumption boost that arises in response to a buoyant stock market can make the economy stronger.

Is there a best stock index to follow?

  • However, because it is value-weighted, it’s heavily influenced by only seven stocks with very large market values.
  • But if you check out several stock indexes rather than just one, you’ll get a good sense of how the market is doing.
  • But the market rebounded, with stock indexes hitting new milestones and notching new highs by the end of that year.
  • This is why I believe advice from the immensely successful investor and fan of stock index funds Warren Buffett is worth heeding.


Alexander Kurov does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

Centric Consulting Hires Project Management Thought Leader Rick Morris

Retrieved on: 
Wednesday, November 15, 2023

DAYTON, OHIO, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Centric Consulting, an international business and technology consulting firm, has announced the appointment of Rick Morris as the company’s new National Delivery Lead.

Key Points: 
  • DAYTON, OHIO, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Centric Consulting, an international business and technology consulting firm, has announced the appointment of Rick Morris as the company’s new National Delivery Lead.
  • Morris will help Centric deliver its own EPPM solutions , and he will work with Centric clients to build or enhance their EPPM capabilities.
  • I knew he could understand and appreciate the beauty of a well-run project management practice.”
    Meyer-Warren added that Morris — a self-described “project management evangelist” — will help build Centric’s project management capabilities at high-profile speaking events across the country, as well as working as a project management consultant and business development leader for the company.
  • “I am excited about the opportunity to use my 15 years as a thought leader in this space and career of delivering successful projects to help build Centric’s brand as a premiere project management organization,” Morris said.

Turmalina Expands Mineralization at Veta Rica and Discovers New Mineralized Zones

Retrieved on: 
Wednesday, November 15, 2023

This surface work has discovered multiple mineralized veins in the immediate vicinity of Veta Rica and has also discovered two new zones of similar epithermal mineralization located approximately two and four kilometres northwest of Veta Rica: the Machete and Destino systems respectively.

Key Points: 
  • This surface work has discovered multiple mineralized veins in the immediate vicinity of Veta Rica and has also discovered two new zones of similar epithermal mineralization located approximately two and four kilometres northwest of Veta Rica: the Machete and Destino systems respectively.
  • This mapping has also identified multiple mineralized veins adjacent to, and parallel with, the Veta Rica vein (Figures 2, 3 & 4) with similar average grades (typically 0.45 to 4 g/t Au).
  • Figure 3: Veta Rica Surface map and sections showing drill holes and distribution of rock chip sampling of the Veta Rica vein.
  • Figure 6: Examples of high-grade gold mineralisation in core samples and from an outcrop along strike from drilling at Veta Rica.

NL REPORTS THIRD QUARTER 2023 RESULTS

Retrieved on: 
Thursday, November 2, 2023

Dallas, Texas, Nov. 02, 2023 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE: NL) today reported a net loss attributable to NL stockholders of $.1 million, or nil per share, in the third quarter of 2023 compared to a net loss attributable to NL stockholders of $8.9 million, or $.18 per share, in the third quarter of 2022.

Key Points: 
  • Dallas, Texas, Nov. 02, 2023 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE: NL) today reported a net loss attributable to NL stockholders of $.1 million, or nil per share, in the third quarter of 2023 compared to a net loss attributable to NL stockholders of $8.9 million, or $.18 per share, in the third quarter of 2022.
  • NL results include an unrealized gain of $.4 million in the third quarter of 2023 related to the change in value of marketable equity securities compared to an unrealized loss of $24.2 million in the third quarter of 2022.
  • NL recognized equity in losses of Kronos of $6.2 million in the third quarter of 2023 compared to equity in earnings of $6.4 million in the third quarter of 2022.
  • Kronos’ net sales of $396.9 million in the third quarter of 2023 were $62.7 million, or 14%, lower than in the third quarter of 2022.

NL INDUSTRIES ANNOUNCES QUARTERLY DIVIDEND FOR THE FOURTH QUARTER OF 2023 AT $.07 PER SHARE

Retrieved on: 
Thursday, October 26, 2023

Dallas, Texas, Oct. 26, 2023 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE: NL) today announced that its board of directors has declared a quarterly dividend of seven cents ($0.07) per share on its common stock, payable on December 19, 2023 to shareholders of record at the close of business on December 1, 2023.

Key Points: 
  • Dallas, Texas, Oct. 26, 2023 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE: NL) today announced that its board of directors has declared a quarterly dividend of seven cents ($0.07) per share on its common stock, payable on December 19, 2023 to shareholders of record at the close of business on December 1, 2023.
  • NL Industries, Inc. is engaged in the component products (security products and recreational marine components) and chemicals (TiO2) businesses.

NL REPORTS SECOND QUARTER 2023 RESULTS

Retrieved on: 
Wednesday, August 2, 2023

Dallas, Texas, Aug. 02, 2023 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE: NL) today reported a net loss attributable to NL stockholders of $3.1 million, or $.06 per share, in the second quarter of 2023 compared to net income attributable to NL stockholders of $30.2 million, or $.62 per share, in the second quarter of 2022.

Key Points: 
  • Dallas, Texas, Aug. 02, 2023 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE: NL) today reported a net loss attributable to NL stockholders of $3.1 million, or $.06 per share, in the second quarter of 2023 compared to net income attributable to NL stockholders of $30.2 million, or $.62 per share, in the second quarter of 2022.
  • NL results include an unrealized loss of $5.4 million in the second quarter of 2023 related to the change in value of marketable equity securities compared to an unrealized gain of $19.2 million in the second quarter of 2022.
  • NL recognized equity in losses of Kronos of $2.6 million in the second quarter of 2023 compared to equity in earnings of $14.0 million in the second quarter of 2022.
  • Kronos’ net sales of $443.2 million in the second quarter of 2023 were $122.1 million, or 22%, lower than in the second quarter of 2022.

NL INDUSTRIES ANNOUNCES QUARTERLY DIVIDEND FOR THE THIRD QUARTER OF 2023 AT $.07 PER SHARE

Retrieved on: 
Wednesday, August 2, 2023

Dallas, Texas, Aug. 02, 2023 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE: NL) today announced that its board of directors has declared a quarterly dividend of seven cents ($0.07) per share on its common stock, payable on September 19, 2023 to shareholders of record at the close of business on September 1, 2023.

Key Points: 
  • Dallas, Texas, Aug. 02, 2023 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE: NL) today announced that its board of directors has declared a quarterly dividend of seven cents ($0.07) per share on its common stock, payable on September 19, 2023 to shareholders of record at the close of business on September 1, 2023.
  • NL Industries, Inc. is engaged in the component products (security products and recreational marine components) and chemicals (TiO2) businesses.

VALHI ANNOUNCES QUARTERLY CASH DIVIDEND AND RESULTS OF ANNUAL STOCKHOLDER MEETING

Retrieved on: 
Thursday, May 25, 2023

Dallas, Texas, May 25, 2023 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE: NL) announced that its board of directors has declared a quarterly dividend of seven cents ($0.07) per share on its common stock, payable on June 20, 2023 to shareholders of record at the close of business on June 5, 2023.

Key Points: 
  • Dallas, Texas, May 25, 2023 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE: NL) announced that its board of directors has declared a quarterly dividend of seven cents ($0.07) per share on its common stock, payable on June 20, 2023 to shareholders of record at the close of business on June 5, 2023.
  • NL Industries also announced that at its 2023 annual shareholder meeting held today its shareholders had:
    elected each of Loretta J. Feehan, John E. Harper, Meredith W. Mendes, Cecil H. Moore, Jr., Courtney J. Riley, Michael S. Simmons and Thomas P. Stafford as a director for a one-year term;
    adopted a resolution that approved, on a nonbinding advisory basis, the compensation of its named executive officers as disclosed in the proxy statement for the 2023 annual shareholder meeting;
    approved, on a nonbinding advisory basis, an annual nonbinding advisory vote on named executive officer compensation as such compensation is disclosed pursuant to the compensation disclosure rules of the U.S. Securities and Exchange Commission; and
    approved the NL Industries, Inc. 2023 Non-Employee Director Stock Plan.
  • NL Industries, Inc. is engaged in the component products (security products and recreational marine components) and chemicals (TiO2) businesses.