orion engineered carbons is one of the world’s leading suppliers of carbon black. with more than 100 years of industry experience, we offer standard and high-performance products for coatings, printing inks, polymers, rubber and other applications. our high-quality gas blacks, furnace blacks and specialty carbon blacks tint, colorize and enhance the performance of plastics, paints and coatings, inks and toners, adhesives and sealants, tires, and manufactured rubber goods such as automotive belts and hoses. with 1.460 employees worldwide, orion engineered carbons runs 14 global production sites and four applied technology centers, focusing on quality supply and collaborative partnerships with customers. orion engineered carbons s.a. shares began trading on the nyse on july 24, 2014, under the ticker symbol “oec.”
Company profile
Ticker
OEC
Exchange
Website
CEO
Corning F. Painter
Employees
Location
Fiscal year end
Industry (SIC)
Former names
Orion Engineered Carbons S.a r.l., Orion Engineered Carbons S.A.
SEC CIK
Corporate docs
Subsidiaries
Orion Engineered Carbons Holdco S.R.L. • Orion Engineered Carbons Holdoco S.A.S. • Norcarb Engineered Carbons Holdco AB. • Orion Engineered Carbons International GmbH • Orion Engineered Carbons Holdings GmbH • Orion Engineered Carbons Bondco GmbH • Orion Engineered Carbons IP Verwaltungs GmbH • Orion Engineered Carbons IP GmbH & Co. KG • Orion Engineered Carbons GmbH • Norcarb Engineered Carbons AB ...
OEC stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
2 May 24
8-K
Orion S.A. Reports First Quarter 2024 Financial Results
2 May 24
DEF 14A
Definitive proxy
29 Apr 24
8-K
Orion S.A. Declares Interim Quarterly Dividend
25 Apr 24
PRE 14A
Preliminary proxy
19 Apr 24
8-K
Orion S.A. Announces its 2024 Annual General Meeting Date and Record Date
29 Feb 24
8-K
Orion S.A. Declares Interim Quarterly Dividend
29 Feb 24
10-K
2023 FY
Annual report
14 Feb 24
8-K
Orion S.A. Announces Full Year 2023 Financial Highlights
14 Feb 24
8-K
Departure of Directors or Certain Officers
28 Dec 23
Transcripts
OEC
Earnings call transcript
2024 Q1
3 May 24
OEC
Earnings call transcript
2023 Q4
15 Feb 24
OEC
Earnings call transcript
2023 Q3
3 Nov 23
OEC
Earnings call transcript
2023 Q2
10 Aug 23
OEC
Earnings call transcript
2023 Q2
10 Aug 23
OEC
Earnings call transcript
2023 Q1
4 May 23
OEC
Earnings call transcript
2022 Q4
17 Feb 23
OEC
Earnings call transcript
2021 Q2
6 Aug 21
OEC
Earnings call transcript
2021 Q1
7 May 21
OEC
Earnings call transcript
2020 Q3
8 Nov 20
Latest ownership filings
144
Notice of proposed sale of securities
13 May 24
4
Sandra Niewiem
26 Mar 24
4
Pedro Riveros
26 Mar 24
4
Carlos Quinones
26 Mar 24
4
Corning F. Painter
26 Mar 24
4
Jeffrey Glajch
26 Mar 24
SC 13G
PZENA INVESTMENT MANAGEMENT LLC
14 Feb 24
SC 13G
T. Rowe Price Investment Management, Inc.
14 Feb 24
SC 13G/A
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC
12 Feb 24
SC 13G/A
BlackRock Inc.
6 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating income | |||||
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Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Jun 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 60.60 mm | 60.60 mm | 60.60 mm | 60.60 mm | 60.60 mm | 60.60 mm |
Cash burn (monthly) | 6.43 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 49.02 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 11.58 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 1.8 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
6.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 19 |
Opened positions | 3 |
Closed positions | 168 |
Increased positions | 5 |
Reduced positions | 4 |
13F shares | Current |
---|---|
Total value | 20.83 bn |
Total shares | 3.78 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Integrated Core Strategies | 3.02 mm | $55.23 mm |
Peregrine Capital Management | 314.72 k | $8.73 bn |
Mutual Of America Capital Management | 138.93 k | $3.85 bn |
Schwartz Investment Counsel | 121.60 k | $3.37 bn |
Highlander Capital Management | 41.86 k | $1.16 bn |
First Hawaiian Bank | 31.96 k | $886.28 mm |
Mirae Asset Global Investments | 26.46 k | $733.76 mm |
Arizona State Retirement System | 16.35 k | $453.30 mm |
Cowa | 16.13 k | $447.34 mm |
Thrivent Trust Co of Tennessee | 11.11 k | $236.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 Mar 24 | Glajch Jeffrey | Common Shares, no par value | Payment of exercise | Dispose F | No | No | 23.08 | 1,250 | 28.85 k | 72,061 |
22 Mar 24 | Corning F. Painter | Common Shares, no par value | Payment of exercise | Dispose F | No | No | 23.08 | 88,974 | 2.05 mm | 878,170 |
22 Mar 24 | Corning F. Painter | Common Shares, no par value | Grant | Acquire A | No | No | 0 | 226,101 | 0.00 | 967,144 |
22 Mar 24 | Corning F. Painter | Common Shares, no par value | Payment of exercise | Dispose F | No | No | 23.08 | 30,665 | 707.75 k | 741,043 |
22 Mar 24 | Pedro Riveros | Common Shares, no par value | Payment of exercise | Dispose F | No | No | 23.08 | 4,333 | 100.01 k | 37,614 |
22 Mar 24 | Pedro Riveros | Common Shares, no par value | Grant | Acquire A | No | No | 0 | 14,006 | 0.00 | 41,947 |
22 Mar 24 | Pedro Riveros | Common Shares, no par value | Payment of exercise | Dispose F | No | No | 23.08 | 1,639 | 37.83 k | 27,941 |
22 Mar 24 | Niewiem Sandra | Common Shares, no par value | Payment of exercise | Dispose F | No | No | 23.08 | 5,057 | 116.72 k | 22,404 |
22 Mar 24 | Niewiem Sandra | Common Shares, no par value | Grant | Acquire A | No | No | 0 | 10,649 | 0.00 | 27,461 |
22 Mar 24 | Niewiem Sandra | Common Shares, no par value | Payment of exercise | Dispose F | No | No | 23.08 | 1,992 | 45.98 k | 16,812 |
News
Mizuho Maintains Neutral on Orion, Raises Price Target to $26
3 May 24
Orion Engineered Carbons Q1 2024 Adj EPS $0.52 Beats $0.48 Estimate, Sales $502.900M Miss $506.426M Estimate
2 May 24
Orion Breaks Ground on Texas Battery Materials Plant
12 Apr 24
Mizuho Initiates Coverage On Orion with Neutral Rating, Announces Price Target of $25
27 Mar 24
Press releases
Orion S.A. Invests to Upgrade Alpha Carbone Facility
13 May 24
Orion S.A. Reports First Quarter 2024 Financial Results
2 May 24
Orion S.A. Declares Interim Quarterly Dividend
25 Apr 24
Orion S.A. Earns Platinum Sustainability Rating by EcoVadis
24 Apr 24
Orion S.A. Announces First Quarter 2024 Earnings Release Date and Conference Call Information
16 Apr 24