Albemarle Corp
ALB: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| plp | LOCK|^$cC | LOCK|JsbR?$ |
Albemarle Earnings: Falling Unit Production Costs Should Stabilize Results Amid Low Lithium Prices
Albemarle reported sequentially improving adjusted EBITDA as unit cost reductions were partially offset by lower lithium prices. Albemarle shares were up on the day (May 1) as the company maintained its outlook for breakeven free cash flow for the year.
