Last $62.26 USD
Change Today -0.33 / -0.53%
Volume 1.2M
CE On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 07/23/14 All times are local (Market data is delayed by at least 15 minutes).

celanese corp-series a (CE) Snapshot

Open
$62.62
Previous Close
$62.59
Day High
$62.94
Day Low
$62.22
52 Week High
07/7/14 - $66.35
52 Week Low
07/29/13 - $46.65
Market Cap
9.7B
Average Volume 10 Days
1.8M
EPS TTM
$4.80
Shares Outstanding
155.2M
EX-Date
05/1/14
P/E TM
13.0x
Dividend
$1.00
Dividend Yield
1.27%
Current Stock Chart for CELANESE CORP-SERIES A (CE)

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celanese corp-series a (CE) Details

Celanese Corporation, a technology and specialty materials company, manufactures and sells value-added chemicals, thermoplastic polymers, and other chemical-based products worldwide. The company’s Advanced Engineered Materials segment develops, produces, and supplies specialty polymers for use in automotive, medical, and electronics products, as well as other consumer and industrial applications. Its Consumer Specialties segment provides cellulose acetate flakes, films, and tows for use in filter products applications; Sunett, a sweetener for use in various beverages, confections, and dairy products; Qorus, a sweetener system designed for low-to no-calorie carbonated and non-carbonated beverages, flavored waters, energy drinks, and milk and dairy products; and food protection ingredients, such as potassium sorbate and sorbic acids for use in foods, beverages, and personal care products. The company’s Industrial Specialties segment produces emulsions and ethylene vinyl acetate (EVA) performance polymers. This segment offers vinyl acetate-based emulsions for use in paints and coatings, adhesives, construction, glass fiber, textiles, and paper applications; EVA resins and compounds for use in flexible packaging films, lamination film products, hot melt adhesives, medical products, automotive, carpeting, and photovoltaic cells applications. Its Acetyl Intermediates segment offers acetyl products, including acetic acids, vinyl acetate monomers, acetic anhydride, and acetate esters for use as starting materials for colorants, paints, adhesives, coatings, and pharmaceuticals. The company also provides organic solvents and intermediates for pharmaceutical, agricultural, and chemical products. It has a strategic alliance with Airborne Oil & Gas to develop and supply composite materials for deepwater oil and gas pipelines. The company was founded in 1918 and is headquartered in Irving, Texas.

7,430 Employees
Last Reported Date: 02/7/14
Founded in 1918

celanese corp-series a (CE) Top Compensated Officers

Chairman of the Board, Chief Executive Office...
Total Annual Compensation: $1.0M
Senior Vice President and General Counsel
Total Annual Compensation: $501.1K
Senior Vice President of Human Resources
Total Annual Compensation: $430.0K
Senior Vice President of Business Strategy De...
Total Annual Compensation: $524.0K
Compensation as of Fiscal Year 2013.

celanese corp-series a (CE) Key Developments

Celanese Corporation Reports Unaudited Consolidated Earnings Results for the Second Quarter Ended June 30, 2014; Provides Earnings Guidance for the Year 2014

Celanese Corporation reported unaudited consolidated earnings results for the second quarter ended June 30, 2014. For the quarter, the company reported net sales of USD 1,769 million compared to net sales of USD 1,653 million last year. Operating profit was USD 259 million compared to USD 169 million last year. Earnings from continuing operations before tax was USD 352 million compared to USD 208 million last year. Earnings from continuing operations were USD 258 million or USD 1.66 per basic and diluted share compared to USD 133 million or USD 0.83 per diluted share last year. Net earnings were USD 258 million compared to USD 133 million last year. Net earnings attributable to the company were USD 259 million or USD 1.66 per basic and diluted share compared to USD 133 million or USD 0.83 per diluted share last year. Adjusted EBIT was USD 329 million compared to USD 264 million last year. Operating EBITDA was USD 401 million compared to USD 339 million last year. Adjusted EPS was USD 1.47 compared to USD 1.12 last year. During the second quarter of 2014, the company generated USD 253 million of operating cash flow primarily driven by continued strong earnings. The company's net investment in capital projects was USD 86 million mainly related to the methanol unit at its integrated facility in Clear Lake, Texas and the natural gas boilers at its cellulose derivatives facility in Narrows, Virginia. Adjusted free cash flow for the quarter was USD 161 million. The company ended the quarter with net debt of less than USD 2.0 billion, a USD 61 million decrease from March 31, 2014. For the year 2014, the company can generate adjusted earnings per share growth in the range of 15% to 17%.

Celanese Corporation to Expand its Manufacturing Capabilities at its Suzano, Brazil

Celanese Corporation announced that it will expand its manufacturing capabilities at the company's Suzano, Brazil, facility to include Celstran(R) long fiber reinforced thermoplastics (LFRT) production. The Celstran(R) expansion is expected to be operational by mid-2015. This new Celstran(R) LFRT production operation will be part of the company's manufacturing site in Suzano where Celanese already compounds Hostaform(R) /Celcon(R) acetal copolymer (POM) and Celanex(R) /Vandar(R) thermoplastic polyester (PBT) products for customers in Brazil and Latin America.

Celanese Corporation to Report Q2, 2014 Results on Jul 17, 2014

Celanese Corporation announced that they will report Q2, 2014 results at 5:00 PM, Eastern Standard Time on Jul 17, 2014

 

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Industry Analysis

CE

Industry Average

Valuation CE Industry Range
Price/Earnings 7.7x
Price/Sales 1.4x
Price/Book 3.3x
Price/Cash Flow 7.5x
TEV/Sales 0.8x
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