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NewMarket Corp C.NEU


Primary Symbol: NEU

NewMarket Corporation is a holding company operating through its subsidiaries, Afton Chemical Corporation (Afton), Ethyl Corporation (Ethyl), and American Pacific Corporation (AMPAC). The Afton and Ethyl companies develop, manufacture, blend, and deliver chemical additives that enhance the performance of petroleum products. AMPAC is a manufacturer of specialty chemicals used in solid rocket motors for the aerospace and defense industries. Its Petroleum Additives segment manufactures chemical components that are selected to perform one or more specific functions and combine those chemicals with other chemicals or components to form additive packages for use in specified end-user applications. Ethyl provides contracted manufacturing and related services to Afton and to third parties and is a marketer of antiknock compounds in North America. Its subsidiaries, NewMarket Services Corp, provide various administrative services; and NewMarket Development Corp, manages the real property.


NYSE:NEU - Post by User

Bullboard Posts
Post by blabbermouthon Sep 13, 2006 10:23am
334 Views
Post# 11355733

Production.

Production.Mgt. came thru on my conversation from last week, so that is a good sign. They also said that they would do a better job in the future so that bodes well. WR is now trading at the level from before all these projects began so that shows there is value here at the .25 level. They are using the production revenue they are getting to finance the new wells, so that is good for investors as there will be less financing in future. I would have liked them to re-iterate what they told me...namely that the plan is to map out the production zone's outer boundary limits on WR's property, so that they can move the reserves over to PROVEN from the probable column. Then the value of the stock really flys and becomes attractive to Trusts. Remember the plan - WR wants to get to PROVEN, they are slowly executing the business plan.
Bullboard Posts