NL NL Industries, Inc.

NL Industries, Inc. is a holding company, which involves in components products and chemical industries. It operates through following geographical segments: United States, Canada, Mexico and Other. The company was founded in 1891 and is headquartered in Dallas, TX.

Company profile

Ticker

Exchange

NYSE

Website

www.nl-ind.com

CEO

Robert Dennis Graham

Incorporated in

New Jersey

Location

Texas

Fiscal year end

Dec 31

Sector

Process Industries > Industrial Conglomerates

Industry (SEC)

Industrial Inorganic Chemicals

Venator Materials • Linde • Kronos Worldwide • Air Products & Chemicals • Minerals • LSB Industries • Valhi • Tronox • Luxfer • Praxair ...

SEC CIK

0000072162

Corporate docs

Articles of Incorporation & Bylaws

IRS number

135267260

NL stock data

S&P 500

1M 1Y 2Y 5Y

Calendar

6 May 20

7 Jul 20

31 Dec 20

News

Company financial data Financial data

Chart NL financial data

Quarter (USD)	Mar 20	Dec 19	Sep 19	Jun 19
Revenue	32.31M	29.6M	29.7M	33.7M
Net income	2.5M	6.7M	-1M	6.6M
Diluted EPS	0.04	0.13	-0.03	0.12
Net profit margin	7.74%	22.64%	-3.37%	19.58%
Operating income	2.53M	2.95M	5.81M	-12.89M
Net change in cash	3.68M	20.31M	-19.16M	17.22M
Cash on hand	133.41M	129.73M	109.42M	128.58M
Cost of revenue	21.88M	20.71M	20.23M	22.79M

Annual (USD)	Dec 19	Dec 18	Dec 17	Dec 16
Revenue	124.24M	118.22M	112.04M	108.92M
Net income	28.04M	-39.01M	117.83M	16.69M
Diluted EPS	0.53	-0.84	2.38	0.31
Net profit margin	22.56%	-33.00%	105%	15.33%
Operating income	-1.61M	-60.67M	1.7M	-715K
Net change in cash	13.47M	17.94M	5.15M	-3.3M
Cash on hand	129.73M	116.26M	98.32M	93.16M
Cost of revenue	85.28M	79.95M	77.21M	73.75M

Financial data from company earnings reports

Recent insider trades

NL insider ownership history Insider history

Date	Owner	Security	Transaction	Code	10b5-1	#Shares	#Remaining
21 May 20	Harper John E	Common stock $0.125 par value	Grant	Aquire A	No	6,650	17,900
21 May 20	Moore Cecil H JR	Common stock $0.125 par value	Grant	Aquire A	No	6,650	29,400
21 May 20	Stafford Thomas P	Common stock $0.125 par value	Grant	Aquire A	No	6,650	13,400
21 May 20	Mendes Meredith W.	Common stock $0.125 par value	Grant	Aquire A	No	6,650	14,400

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2020

NL institutional ownership history Ownership history

9.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	48	53	-9.4%
Opened positions	3	3	–
Closed positions	8	4	+100.0%
Increased positions	17	19	-10.5%
Reduced positions	16	15	+6.7%

13F shares	Current	Prev Q	Change
Total value	21.58M	26.17M	-17.5%
Total shares	4.65M	4.69M	-0.9%
Total puts	0	0
Total calls	0	10.8K	EXIT
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Dimensional Fund Advisors	2.33M	$6.94M	-0.1%
BLK BlackRock	545.42K	$1.63M	-0.1%
Aristides Capital	449.97K	$1.34M	0.0%
Renaissance Technologies	223.51K	$666K	-6.2%
Vanguard	202.91K	$604K	+0.3%
STT State Street	157.95K	$471K	+11.1%
NTRS Northern Trust	140.55K	$419K	+19.3%
Bridgeway Capital Management	85.6K	$255K	+47.3%
STRS Ohio	69.7K	$207K	0.0%
Geode Capital Management	64.07K	$190K	+3.2%

Largest transactions	Shares	Bought/sold	Change
MS^L Morgan Stanley	1.01K	-59.25K	-98.3%
Panagora Asset Management	0	-52.76K	EXIT
Bridgeway Capital Management	85.6K	+27.5K	+47.3%
NTRS Northern Trust	140.55K	+22.77K	+19.3%
Parametric Portfolio Associates	29.79K	+16.03K	+116.6%
STT State Street	157.95K	+15.82K	+11.1%
WFC Wells Fargo & Co.	50.33K	+15.24K	+43.4%
Renaissance Technologies	223.51K	-14.69K	-6.2%
Millennium Management	0	-13.6K	EXIT
Connor, Clark & Lunn Investment Management	0	-11.82K	EXIT

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Venator Materials • Venator Materials

Risks

Our development of innovative features for current products is critical to sustaining and growing our sales.
Failure to protect our intellectual property rights or claims by others that we infringe their intellectual property rights could substantially harm our business.
Higher costs or unavailability of our raw materials could negatively impact our financial results.
Higher costs or limited availability of our raw materials may reduce our earnings and decrease our liquidity. In addition, many of our raw material contracts contain fixed quantities we are required to purchase.
Demand for, and prices of, certain of Kronos’ products are influenced by changing market conditions for its products, which may result in reduced earnings or in operating losses.
Kronos’ leverage may impair our financial condition.

Management Discussion

We are primarily a holding company. We operate in the component products industry through our majority-owned subsidiary, CompX International Inc. We also own a non-controlling interest in Kronos Worldwide, Inc. Both CompX (NYSE American: CIX ) and Kronos (NYSE: KRO) file periodic reports with the Securities and Exchange Commission (SEC).
CompX is a leading manufacturer of engineered components utilized in a variety of applications and industries. Through its Security Products operations, CompX manufactures mechanical and electronic cabinet locks and other locking mechanisms used in recreational transportation, postal, office and institutional furniture, cabinetry, tool storage and healthcare applications. CompX also manufactures stainless steel exhaust systems, gauges, throttle controls, wake enhancement systems and trim tabs for the recreational marine and other industries through our Marine Components operations.
We account for our 30% non-controlling interest in Kronos by the equity method. Kronos is a leading global producer and marketer of value-added titanium dioxide pigments (TiO2). TiO2 is used for a variety of manufacturing applications including paints, plastics, paper and other industrial and specialty products.

Content analysis ?

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. junior Avg

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From filing 10-Q 2020 Q1