NL Industries, Inc. is a diversified holding company. NL conducts its component products operations through its majority-owned subsidiary, CompX International, Inc., and owns a significant interest in Kronos Worldwide, Inc., a global producer and marketer of value-added titanium dioxide pigments.

Company profile
Ticker
NL
Exchange
Website
CEO
Robert Dennis Graham
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
CompX International Inc. • Kronos Worldwide, Inc. • EWI RE, Inc. • NL Environmental Management Services, Inc. • United Lead Company • NLKW Holding, LLC ...
IRS number
135267260
NL stock data
Calendar
4 May 22
29 Jun 22
31 Dec 22
Financial summary
Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 145.06M | 145.06M | 145.06M | 145.06M | 145.06M | 145.06M |
Cash burn (monthly) | 648K | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.92M | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 143.14M | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 220.9 | n/a | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Jun 22 | Contran | Common Stock $0.125 par value per share | Sell | Dispose S | Yes | No | 8.23 | 2,000 | 16.46K | 0 |
19 May 22 | Feehan Loretta J. | Common Stock $0.125 par value per share | Grant | Acquire A | No | No | 0 | 2,500 | 0 | 26,150 |
19 May 22 | Gouveia Randall Colin | Common Stock, $0.125 par value per share | Grant | Acquire A | No | No | 0 | 2,500 | 0 | 2,500 |
Institutional ownership, Q1 2022
9.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 59 |
Opened positions | 7 |
Closed positions | 4 |
Increased positions | 11 |
Reduced positions | 22 |
13F shares | Current |
---|---|
Total value | 45.41M |
Total shares | 4.84M |
Total puts | 412.8K |
Total calls | 21.1K |
Total put/call ratio | 19.6 |
Largest owners | Shares | Value |
---|---|---|
Dimensional Fund Advisors | 2.04M | $14.66M |
BLK Blackrock | 539.43K | $3.88M |
Aristides Capital | 403.03K | $2.9M |
Vanguard | 297.2K | $2.14M |
Raymond James & Associates | 273.17K | $1.96M |
Bridgeway Capital Management | 167.39K | $1.2M |
Renaissance Technologies | 161.41K | $1.16M |
BK Bank Of New York Mellon | 148.75K | $1.07M |
STT State Street | 141.97K | $1.02M |
NTRS Northern Trust | 133.39K | $959K |
Financial report summary
?Competition
Venator MaterialsRisks
- 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.
- CompX operates in mature and highly competitive markets, resulting in pricing pressure and the need to continuously reduce costs.
- CompX’s development of innovative features for current products is critical to sustaining and growing its sales.
- Higher costs or unavailability of CompX’s raw materials could negatively impact our financial results.
- Higher costs or limited availability of Kronos’ raw materials may reduce its earnings and decrease its liquidity. In addition, many of Kronos’ raw material contracts contain fixed quantities it is required to purchase.
- COVID-19 has affected Kronos’ and CompX’s operations and may continue to affect operations.
- Our assets consist primarily of investments in our operating subsidiaries and affiliate, and we are dependent upon distributions from our subsidiaries and affiliate.
- Kronos’ leverage may impair our financial condition.
- We could incur significant costs related to legal and environmental matters.
- If Kronos’ or CompX’s intellectual property were to be declared invalid, or copied by or become known to competitors, or if Kronos’ and CompX’s competitors were to develop similar or superior intellectual property or technology, their ability to compete could be adversely impacted.
- Environmental, health and safety laws and regulations, particularly as it relates to Kronos, may result in increased regulatory scrutiny which could decrease demand for Kronos’ products, increase Kronos’ manufacturing and compliance costs or obligations and result in unanticipated losses which could negatively impact its financial results or limit its ability to operate its business.
- Global climate change legislation could negatively impact our financial results or limit Kronos’ and CompX’s ability to operate their businesses.
- Technology failures or cybersecurity breaches could have a material adverse effect on our operations.
Management Discussion
- Our net income attributable to NL stockholders was $18.6 million, or $.38 per share, in the first quarter of 2022 compared to net income attributable to NL stockholders of $13.3 million, or $.27 per share, in the first quarter of 2021. As more fully described below, the increase in our earnings per share attributable to NL stockholders from 2021 to 2022 is primarily due to the net effects of:
- Amounts attributable to CompX relate to its component products business, while corporate expense generally relates to NL. Each of these items is further discussed below.
- CompX International Inc.
Content analysis
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Readability |
H.S. junior Avg
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New words:
absorption, affirming, delivery, fewer, match, network, practical, pressure, recruiting, stronger, support
Financial reports
Current reports
8-K
NL Industries, Inc. Announces Quarterly Dividend and Results of
19 May 22
8-K
NL Reports First Quarter 2022 Results
4 May 22
8-K
NL Reports Fourth Quarter 2021 Results
9 Mar 22
8-K
NL Industries Announces Quarterly Dividend
2 Mar 22
8-K
NL Reports Third Quarter 2021 Results
4 Nov 21
8-K
NL Industries Announces Quarterly Dividend
28 Oct 21
8-K
NL Reports Second Quarter 2021 Results
4 Aug 21
8-K
Departure of Directors or Certain Officers
2 Jun 21
8-K
NL Industries, Inc. Announces Quarterly Dividend and Results of
20 May 21
8-K
Results of Operations and Financial Condition
5 May 21
Registration and prospectus
S-8 POS
Registration of securities for employees (post-effective amendment)
25 Jun 12
S-8
Registration of securities for employees
30 May 12
S-8 POS
Registration of securities for employees (post-effective amendment)
28 Oct 10
S-8 POS
Registration of securities for employees (post-effective amendment)
19 Oct 06
S-8 POS
Registration of securities for employees (post-effective amendment)
18 Oct 06
S-8
Registration of securities for employees
15 Oct 98
15-15D
Suspension of duty to report
20 Aug 97
15-15D
Suspension of duty to report
20 Aug 97
Proxies
DEFA14A
Additional proxy soliciting materials
30 Mar 22
DEFA14A
Additional proxy soliciting materials
31 Mar 21
DEFA14A
Additional proxy soliciting materials
2 Apr 20
DEFA14A
Additional proxy soliciting materials
26 Mar 19
DEF 14A
Definitive proxy
27 Mar 18
DEFA14A
Additional proxy soliciting materials
27 Mar 18
Other
SD
Conflict minerals disclosure
27 May 22
SD
Conflict minerals disclosure
24 May 21
SD
Conflict minerals disclosure
26 May 20
SD
Conflict minerals disclosure
29 May 19
SD
Conflict minerals disclosure
24 May 18
SD
Conflict minerals disclosure
29 May 17
SD
Conflict minerals disclosure
26 May 16
SD
Conflict minerals disclosure
28 May 15
SD
Conflict minerals disclosure
1 Jun 14
UPLOAD
Letter from SEC
8 Dec 09
Ownership
4
NL INDUSTRIES / C. Simmons Family Trust No. 2 Harold ownership change
2 Jun 22
4
NL INDUSTRIES / THOMAS P STAFFORD ownership change
20 May 22
4
NL INDUSTRIES / CECIL H MOORE JR ownership change
20 May 22
4
NL INDUSTRIES / Meredith W. Mendes ownership change
20 May 22
4
NL INDUSTRIES / John E Harper ownership change
20 May 22
4
NL INDUSTRIES / Randall Colin Gouveia ownership change
20 May 22
4
NL INDUSTRIES / Loretta J. Feehan ownership change
20 May 22
3
NL INDUSTRIES / Randall Colin Gouveia ownership change
19 May 22
3
NL INDUSTRIES / Michael Shawn Simmons ownership change
19 May 22
3
NL INDUSTRIES / Bart W Reichert ownership change
28 Oct 21
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