Last $9.26 USD
Change Today -0.48 / -4.93%
Volume 436.5K
OME On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

omega protein corp (OME) Snapshot

Open
$9.71
Previous Close
$9.74
Day High
$9.88
Day Low
$9.24
52 Week High
09/4/14 - $15.92
52 Week Low
12/15/14 - $9.00
Market Cap
199.8M
Average Volume 10 Days
355.0K
EPS TTM
$1.17
Shares Outstanding
21.6M
EX-Date
--
P/E TM
7.9x
Dividend
--
Dividend Yield
--
Current Stock Chart for OMEGA PROTEIN CORP (OME)

omega protein corp (OME) Related Bloomberg News

View More Bloomberg News

omega protein corp (OME) Related Businessweek News

No Related Businessweek News Found

omega protein corp (OME) Details

Omega Protein Corporation, a nutritional ingredient company, produces Omega-3 fish oil and specialty fish meal products. The company operates in two segments, Animal Nutrition and Human Nutrition. The Animal Nutrition segment produces animal nutrition products, including fish meal products used as nutritional feed additives by animal feed manufacturers and commercial livestock producers; and crude fish oil for food producers and feed manufacturers. This segment also provides refined fish oil products that are used in food production, feed production, other industrial applications, and dietary supplements; and fish solubles for livestock and aquaculture feed manufacturers, as well as for use as an organic fertilizer. The Human Nutrition segment offers various compound products, including Omega-3 fish oils; and operates as an ingredient provider in the nutraceutical industry. The company sells its products in the United States, Mexico, Europe, Canada, Asia, South and Central America, and others. Omega Protein Corporation was founded in 1913 and is headquartered in Houston, Texas.

450 Employees
Last Reported Date: 03/10/14
Founded in 1913

omega protein corp (OME) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $450.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $325.0K
President – Animal Nutrition Division
Total Annual Compensation: $300.0K
President of Nutegrity
Total Annual Compensation: $227.8K
Chief Commercial Officer of Nutegrity
Total Annual Compensation: $428.2K
Compensation as of Fiscal Year 2013.

omega protein corp (OME) Key Developments

Omega Protein Corp. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Omega Protein Corp. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported that revenue was decreased 19% from $87.6 million in the same period last year to $70.8 million. This decrease was due to a $24.7 million decline in animal nutrition revenues, partially offset by a $7.9 million increase in human nutrition revenues. The decrease in animal nutrition Revenue was primarily due to lower sales volumes of 28% and 41% for the company's fish meal and fish oil, respectively, and lower sales prices for the Company's fish meal of 4%, partially offset by higher sales prices of 14% for the Company's fish oil. Net income for the third quarter of 2014 was $0.7 million or $0.03 per diluted share compared to $14.0 million or $0.66 per diluted share in the same period last year and $6.6 million or $0.31 per diluted share for the second quarter of 2014. Adjusted EBITDA totaled $9.3 million for the third quarter of 2014, compared to $27.1 million for the same period last year and $18.3 million for the second quarter of 2014. The third quarter of 2014 effective tax rate was 60.6% compared to 34.6% in the third quarter of 2013 and 36.9% in the second quarter of 2014. The increase in the effective tax rate was primarily a result of non-deductible expenses related to the acquisition of Bioriginal. The effective tax rate in the third quarter would have been approximately 23.3% were it not for these expenses. Operating income was $1,799,000 against $21,921,000 a year ago. Adjusted net income was $1,715,000 against $13,909,000 a year ago. Adjusted diluted earnings per share were $0.08 against $0.65 a year ago. Income before income taxes was $1,671,000 compared to $21,339,000 reported a year ago. Revenues in the first nine months of 2014 increased 16% to $206.2 million compared to revenues of $178.3 million for the nine months ended September 30, 2013. The increase in Revenue was due to a $19.0 million increase in animal nutrition revenues and an $8.8 million increase in human nutrition revenues. Net income for the nine months ended September 30, 2014 was $15.3 million or $0.70 per diluted share compared to $20.8 million or $0.99 per diluted share for the same period last year. Adjusted EBITDA totaled $46.7 million for nine months ended September 30, 2014, a decrease from $48.9 million for the same period last year. The effective tax rate was 37.0% for the nine months ended September 30, 2014 compared to 34.4% for the nine months ended September 30, 2013. The effective tax rate for the nine months ended September 30, 2014 would have been approximately 34.4% were it not for the non-deductible expenses related to the acquisition of Bioriginal. Operating income was $24,897,000 against $33,334,000 a year ago. Net cash provided by operating activities was $37,539,000 against $26,647,000 a year ago. Capital expenditures were $36,254,000 against $18,009,000 a year ago. Adjusted net income was $19,020,000 against $20,989,000 a year ago. Adjusted diluted earnings per share were $0.88 against $1.00 a year ago. Income before income taxes was $24,226,000 compared to $31,708,000 reported a year ago.

Omega Protein Corporation to Report Q3, 2014 Results on Nov 17, 2014

Omega Protein Corporation announced that they will report Q3, 2014 results at 5:00 PM, Eastern Standard Time on Nov 17, 2014

Omega Protein Corporation, Q3 2014 Earnings Call, Nov 18, 2014

Omega Protein Corporation, Q3 2014 Earnings Call, Nov 18, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
OME:US $9.26 USD -0.48

OME Competitors

Market data is delayed at least 15 minutes.

Company Last Change
ConAgra Foods Inc $36.86 USD +0.28
Darling Ingredients Inc $18.34 USD +0.25
Tyson Foods Inc $40.22 USD +0.50
View Industry Companies
 

Industry Analysis

OME

Industry Average

Valuation OME Industry Range
Price/Earnings 8.4x
Price/Sales 0.7x
Price/Book 0.8x
Price/Cash Flow 8.4x
TEV/Sales 0.6x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact OMEGA PROTEIN CORP, please visit www.omegaprotein.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.