William Skrobacz - NewMarket Principal Accounting Officer and Controller
| NEU Stock | USD 543.02 0.79 0.15% |
Executive
Mr. William J. Skrobacz is the Principal Accounting Officer, Controller of the Company since 2013.
| Age | 64 |
| Tenure | 11 years |
| Phone | 804 788 5000 |
| Web | https://www.newmarket.com |
NewMarket Management Efficiency
The company has Return on Asset of 0.1219 % which means that on every $100 spent on assets, it made $0.1219 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.4043 %, implying that it generated $0.4043 on every 100 dollars invested. NewMarket's management efficiency ratios could be used to measure how well NewMarket manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
| Showing other executives | EXECUTIVE Age | ||
| Michael McPherson | Oil Dri | 59 | |
| Melissa Leneis | Quaker Chemical | 41 | |
| Anna Ransley | Quaker Chemical | 46 | |
| Graeme Blair | Innospec | 41 | |
| Muhammad Malik | H B Fuller | 57 | |
| Ian McRobbie | Innospec | 75 | |
| Barbara Doyle | H B Fuller | N/A | |
| Steven Brazones | H B Fuller | 51 | |
| Arthur Wood | Cabot | N/A | |
| Jeffrey Fleck | Quaker Chemical | 54 | |
| Victoria Gehris | Quaker Chemical | N/A | |
| Corbin Barnes | Innospec | 51 | |
| Trey Griffin | Innospec | 58 | |
| Jeffrey Kutz | Quaker Chemical | 63 | |
| Christopher Tukua | H B Fuller | N/A | |
| Aaron Johnson | Cabot | N/A | |
| Shane Hostetter | Quaker Chemical | 43 | |
| Wade Robey | Oil Dri | N/A | |
| Heidi Weiler | H B Fuller | N/A | |
Management Performance
NewMarket Leadership Team
Elected by the shareholders, the NewMarket's board of directors comprises two types of representatives: NewMarket inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NewMarket. The board's role is to monitor NewMarket's management team and ensure that shareholders' interests are well served. NewMarket's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NewMarket's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Bruce Gottwald, Chairman of the Board | ||
| Cameron Warner, Treasurer | ||
| Phyllis Cothran, Lead Independent Director | ||
| Bruce III, Executive Officer | ||
| Bryce Jewett, Vice President General Counsel | ||
| Patrick Hanley, Independent Director | ||
| William Skrobacz, Principal Accounting Officer and Controller | ||
| Bruce Hazelgrove, Executive Vice President, Chief Administrative Officer | ||
| Brian Paliotti, Chief Financial Officer, Vice President | ||
| AnneMarie Anderson, Corporate Secretary | ||
| Gail Ridgeway, Principal Controller | ||
| M West, Vice President General Counsel, Secretary | ||
| Thomas Gottwald, Chairman of The Board, CEO and President and Member of Executive Committee | ||
| James Rogers, Independent Director | ||
| Ting Xu, Independent Director | ||
| Regina Harm, President - Afton Chemical Corporation | ||
| Mark Gambill, Independent Director | ||
| H Harris, Independent Director | ||
| Bryce III, VP Counsel |
NewMarket Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is NewMarket a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.4 | ||||
| Return On Asset | 0.12 | ||||
| Profit Margin | 0.15 % | ||||
| Operating Margin | 0.22 % | ||||
| Current Valuation | 6.45 B | ||||
| Shares Outstanding | 9.59 M | ||||
| Shares Owned By Insiders | 31.12 % | ||||
| Shares Owned By Institutions | 63.28 % | ||||
| Number Of Shares Shorted | 108.7 K | ||||
| Price To Earning | 13.63 X |
Pair Trading with NewMarket
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NewMarket position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NewMarket will appreciate offsetting losses from the drop in the long position's value.Moving together with NewMarket Stock
| 0.71 | DNMR | Danimer Scientific Earnings Call This Week | PairCorr |
Moving against NewMarket Stock
| 0.76 | FSI | Flexible Solutions | PairCorr |
| 0.71 | CBT | Cabot Fiscal Year End 4th of November 2024 | PairCorr |
| 0.7 | IFF | International Flavors | PairCorr |
| 0.65 | WTTR | Select Energy Services | PairCorr |
| 0.47 | ASH | Ashland Global Holdings Fiscal Year End 13th of November 2024 | PairCorr |
The ability to find closely correlated positions to NewMarket could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NewMarket when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NewMarket - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NewMarket to buy it.
The correlation of NewMarket is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NewMarket moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NewMarket moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NewMarket can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NewMarket. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For more information on how to buy NewMarket Stock please use our How to Invest in NewMarket guide.Note that the NewMarket information on this page should be used as a complementary analysis to other NewMarket's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for NewMarket Stock analysis
When running NewMarket's price analysis, check to measure NewMarket's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NewMarket is operating at the current time. Most of NewMarket's value examination focuses on studying past and present price action to predict the probability of NewMarket's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewMarket's price. Additionally, you may evaluate how the addition of NewMarket to your portfolios can decrease your overall portfolio volatility.
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |
Is NewMarket's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NewMarket. If investors know NewMarket will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NewMarket listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NewMarket is measured differently than its book value, which is the value of NewMarket that is recorded on the company's balance sheet. Investors also form their own opinion of NewMarket's value that differs from its market value or its book value, called intrinsic value, which is NewMarket's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NewMarket's market value can be influenced by many factors that don't directly affect NewMarket's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NewMarket's value and its price as these two are different measures arrived at by different means. Investors typically determine if NewMarket is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NewMarket's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.