Venator Materials PLC, together with its subsidiaries, manufactures and markets chemical products worldwide. It operates through two segments, Titanium Dioxide and Performance Additives. The Titanium Dioxide segment offers titanium dioxide (TiO2), such as rutile, anatase, and ultrafine TiO2 products for use in coatings, printing inks, PVC window frames, plastic masterbatches, cosmetics, pharmaceuticals, polyester fibers, polyamide fibers, catalysts, paper, and food and personal care products. The Performance Additives segment provides barium and zinc additives for use in coatings, films, pharmaceuticals, and paper and glass fiber reinforced plastics; and colored inorganic pigments comprising iron oxides, ultramarines, specialty inorganics chemicals, and driers for construction, coatings, plastics, cosmetics, inks, catalyst, and laminates. This segment also offers wood protection chemicals for use in residential and commercial applications; timber treatment chemicals for use in decking, fencing, and other residential outdoor wood structures; industrial construction products for use in telephone poles, and salt water piers and pilings; and water treatment chemicals for the municipal and industrial waste water treatment markets, as well as for the paper industry. Venator Materials PLC was incorporated in 2017 and is headquartered in Stockton-On-Tees, the United Kingdom.
IPO Year: 2017
Exchange: NYSE
Website: venatorcorp.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/6/2022 | $2.04 → $0.65 | Neutral → Sell | UBS |
| 9/19/2022 | $2.00 → $0.60 | Market Perform → Underperform | BMO Capital Markets |
| 3/22/2022 | $2.50 → $2.00 | Neutral → Underperform | BofA Securities |
| 2/23/2022 | $4.50 → $3.00 | Buy | Deutsche Bank |
| 1/4/2022 | $3.50 → $2.95 | Neutral | UBS |
| 8/16/2021 | $5.50 → $4.50 | Buy | Deutsche Bank |
| 8/5/2021 | $3.50 | Buy → Neutral | B of A Securities |
4/A - Venator Materials PLC (0001705682) (Issuer)
4/A - Venator Materials PLC (0001705682) (Issuer)
4/A - Venator Materials PLC (0001705682) (Issuer)
4 - Venator Materials PLC (0001705682) (Issuer)
4 - Venator Materials PLC (0001705682) (Issuer)
4 - Venator Materials PLC (0001705682) (Issuer)
4 - Venator Materials PLC (0001705682) (Issuer)
4 - Venator Materials PLC (0001705682) (Issuer)
4 - Venator Materials PLC (0001705682) (Issuer)
4 - Venator Materials PLC (0001705682) (Issuer)
15-12G - Venator Materials PLC (0001705682) (Filer)
EFFECT - Venator Materials PLC (0001705682) (Filer)
S-8 POS - Venator Materials PLC (0001705682) (Filer)
S-8 POS - Venator Materials PLC (0001705682) (Filer)
POS AM - Venator Materials PLC (0001705682) (Filer)
6-K - Venator Materials PLC (0001705682) (Filer)
6-K - Venator Materials PLC (0001705682) (Filer)
6-K - Venator Materials PLC (0001705682) (Filer)
6-K - Venator Materials PLC (0001705682) (Filer)
6-K - Venator Materials PLC (0001705682) (Filer)
WYNYARD, UK, May 15, 2023 /PRNewswire/ -- Venator Materials PLC ("Venator" or the "Company") (NYSE:VNTR), a global manufacturer and marketer of chemical products, announces that it has reached an agreement with the overwhelming majority of its lenders and noteholders on the terms of a comprehensive recapitalization plan. The agreement will equitize nearly all of the Company's funded debt, strengthen its balance sheet and facilitate an infusion of new capital, which will position the Company for future growth and success. The recapitalization will be implemented through a prepackaged Chapter 11 process in the United States and will be financed by a debtor-in-possession ("DIP") financing fac
WYNYARD, UK, April 3, 2023 /PRNewswire/ -- Venator Materials PLC ("Venator") (NYSE:VNTR) announced today that it has completed the sale of its Iron Oxide business to Cathay Industries. The enterprise value of the transaction was $140 million and Venator expects to receive cash proceeds of approximately $130 million net of working capital adjustments, taxes, fees and other closing cash adjustments. Venator expects an approximate $50 million reduction of its ABL facility resulting in a net liquidity improvement of approximately $80 million. About VenatorVenator is a global manufacturer and marketer of chemical products that comprise a broad range of pigments and additives that bring color and
WYNYARD, UK, Feb. 23, 2023 /PRNewswire/ -- Venator Materials PLC ("Venator") (NYSE:VNTR) has filed its annual report on Form 20-F for the year ended December 31, 2022, with the U.S. Securities and Exchange Commission. The 2022 Form 20-F is available on Venator's website at https://www.venatorcorp.com/investor-relations and on the website of the U.S. Securities and Exchange Commission at www.sec.gov. Hard copies of the complete audited financial statements included in the 2022 Form 20-F are available to shareholders free of charge upon request. About VenatorVenator is a global manufacturer and marketer of chemical products that comprise a broad range of pigments and additives that bring colo
WYNYARD, UK, Feb. 21, 2023 /PRNewswire/ -- Fourth Quarter 2022 and Other Highlights The macro-economic environment deteriorated sharply in the second half of 2022 leading to significantly lower product demand and higher raw material and energy costs, with TiO2 sales volumes (44)% lower compared to the fourth quarter 2021 and (28)% lower compared to the prior periodNet loss attributable to Venator of $(228) million compared to net income of $14 million in the prior year periodAdjusted EBITDA of $(57) million compared to $40 million in the prior year periodNet cash used in operating activities was $(27) million and free cash flow was $(48) millionDiluted loss per share of $(2.11) and adjusted
WYNYARD, UK, Feb. 9, 2023 /PRNewswire/ -- Venator Materials PLC (NYSE:VNTR) ("Venator") will hold a conference call to discuss its fourth quarter and full year 2022 financial results on Tuesday, February 21, 2023, at 08:00 a.m. ET. Results will be released to the public before the market opens that day via PR Newswire. Call-in numbers for the conference call: U.S. participants 1-833-366-1118 International participants 1-412-902-6770 (No passcode required) In order to facilitate the registration process, you may use the following link to pre-register for the conference call. Callers who pre-register will be given a unique PIN and separate call-in number to gain immediate access to the call an
Fourth Quarter 2022 Highlights Macro environment continues to be challenging due to significantly higher energy costs and lower product demandAdjusted EBITDA for the fourth quarter of 2022 estimated to be negative $(57)-(62) millionLiquidity position is estimated at approximately $275 million as of December 31, 2022Moelis & Company and Kirkland & Ellis appointed as respective financial and legal advisors, in addition to Alvarez & Marsal as the previously engaged operational advisor, to assist with strategic review and engagement with stakeholdersAppointment of two new independent directors, Stefan M. Selig and Jame Donath, who bring extensive and highly relevant experience to the BoardStefan
New partnership supports Venator's sustainability ambition WYNYARD, UK, Dec. 7, 2022 /PRNewswire/ -- Venator (NYSE:VNTR) today announced that it is working with Atos – a global leader in digital transformation – to measure the carbon footprint of its products. As Venator increases its focus on sustainability across its operations, this strategic project will enable the business to deliver data on the carbon footprint of its products to its customers and accelerate its sustainability ambitions. Atos will help Venator gather key insights from its existing data that will enable enterprise-wide deployment of a specialist digital product carbon footprint (PCF) tool originally developed by BASF.
WYNYARD, UK, Nov. 14, 2022 /PRNewswire/ -- Third Quarter 2022 Highlights Net loss attributable to Venator of $50 million compared to $47 million in the prior year periodAdjusted EBITDA of $(8) million compared to $48 million in the prior year periodNet cash used in operating activities of $74 million and free cash flow of $(90) million Diluted earnings per share of $(0.46) and adjusted diluted earnings per share of $(0.33)Titanium Dioxide (TiO2) sales volumes declined 25% compared to the prior quarter and 29% compared to the prior year periodImplements a $50 million cost reduction programClosed a sale-leaseback transaction for Color Pigments manufacturing facility in Los Angeles, California
WYNYARD, UK, Nov. 4, 2022 /PRNewswire/ -- Venator Materials PLC (NYSE:VNTR) ("Venator") received written notice on November 2, 2022, from the NYSE indicating that Venator is no longer in compliance with the continued listing standard set forth in Section 802.01C of the NYSE's Listed Company Manual because the average closing price of the Company's ordinary shares was less than $1.00 per share over a consecutive 30 trading-day period. The notice does not result in the immediate delisting of the company's ordinary shares from the NYSE. Venator plans to notify the NYSE by November 16, 2022, that it intends to cure the stock price deficiency and return to compliance with the NYSE continued listi
Visit Venator at Messe Munich, Germany from October 24- 30, 2022 WYNYARD, United Kingdom, Oct. 12, 2022 /PRNewswire/ -- Venator is returning to Bauma this October where it will highlight its expertise in the manufacture of pigment dosing machines designed specifically for the construction industry and for coloring concrete. Known worldwide for its extensive range of inorganic pigments and functional additives, Venator has also developed a leading portfolio of pigment dosing systems that can be used in conjunction with specialist pigment preparations to transform grey concrete into any shade in the color spectrum. Visitors to Bauma will be able to see one of Venator's GRANUMAT™ automatic dos