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The stock of NewMarket (NYSE:NEU, 30-year Financials) shows every sign of being modestly undervalued, according to GuruFocus Value calculation.
NewMarket Corporation (NYSE: NEU), is a publicly traded American company that primarily serves the petroleum additives industry. The company is based in Richmond , Virginia, and has operations in North America, Latin America, Europe, the Middle East and Asia Pacific.
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Founded in 1923, [4] [5] Ethyl Corp was formed by General Motors and Standard Oil of New Jersey ().General Motors had the "use patent" for tetraethyllead (TEL) as an antiknock, based on the work of Thomas Midgley Jr., Charles Kettering, and later Charles Allen Thomas, [6]: 340–41 and Esso had the patent for the manufacture of TEL.
A potential buyer bids a specific price for a stock, and a potential seller asks a specific price for the same stock. Buying or selling at the Market means you will accept any ask price or bid price for the stock. When the bid and ask prices match, a sale takes place, on a first-come, first-served basis if there are multiple bidders at a given ...
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Afton Chemical Corporation is headquartered in Richmond, Virginia, and has operations around the world. The company is a subsidiary of NewMarket Corporation (NYSE: NEU), a corporation specializing in performance specialty chemicals.