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New Enterprise Advertising Capabilities Will Enable Organizations to Promote Products, Services, Employment Opportunities and Company Updates Through the MOBICARD™ Ecosystem

CAMBRIDGE, MA / ACCESS Newswire / June 12, 2026 / Peer To Peer Network, Inc. (OTCID:PTOP), developer of the MobiCard™ digital networking platform, today announced that Santana Construction Services LLC has joined the growing list of organizations adopting MobiCard™ 1.8 as an Enterprise customer.

The addition of Santana Construction Services marks another step forward in the Company's enterprise growth initiative as MobiCard™ continues expanding into new industries. Recent enterprise adopters have included organizations spanning real estate, aviation, and now construction, demonstrating the platform's versatility across multiple business sectors.

One of the key features being introduced in MobiCard™ 1.8 is the Company's new Enterprise advertising capability. Enterprise customers can utilize the platform's integrated Feed feature to publish company updates, promotions, announcements, products, services, employment opportunities, and other content directly to the MobiCard ecosystem. Management believes this functionality creates a powerful opportunity for organizations to increase visibility while engaging with both existing and prospective customers. A "feed" style function. Paying for an Enterprise account will allow you to promote your content to others to be recycled through the "feed" more often.

Peer To Peer Network believes that network effects will play an important role in the future growth of the platform. As users share their MobiCard profiles with customers, vendors, referral partners, friends, and business associates, additional users are introduced to the platform. Management believes that each new connection has the potential to increase awareness of MobiCard™ and encourage broader adoption across both consumer and enterprise markets.

Santana Construction Services, a Maryland-based new construction company, will utilize MobiCard™ to enhance professional networking, streamline communications, and improve engagement with customers, suppliers, subcontractors, and referral partners.

"We are excited to become an Enterprise customer of MobiCard™ 1.8," said Nicholis Santana, CEO of Santana Construction Services. "Construction is a relationship-driven business. Every project involves communication between clients, contractors, vendors, and referral sources. We believe MobiCard™ provides an innovative way to simplify those interactions while helping our team present a professional digital identity."

Joshua Sodaitis, Chairman and CEO of Peer To Peer Network, commented, "Each new Enterprise customer helps validate our vision for the platform. We designed MobiCard™ to be much more than a digital business card. We believe it is evolving into a digital networking and engagement platform that can be utilized across virtually every industry."

Mr. Sodaitis continued, "What excites me most about MobiCard™ 1.8 is the combination of digital networking and content distribution. Enterprise customers can now promote their businesses directly through the platform while simultaneously expanding their professional networks. Every card shared creates another opportunity for someone to discover MobiCard™, and we believe that organic growth dynamic has significant long-term potential. The deals we announced this week will stand as test cases to perfect our functionality and allow us to not hinder wide scale adoption once we manage these friendly accounts to work out any bugs that may arise."

The Company plans to continue expanding its enterprise customer base while introducing additional features designed to support organizations seeking modern networking, communication, and digital identity solutions.

After a successful roll out of the enterprise accounts announced this week the company plans to give the new 1.8 platform time to work out any kinks in the process before acquiring other Enterprise accounts.

"This is a friendly company and we have a longstanding relationship with the CEO - he is also one of the tech team developers of Mobicard™, which makes them an ideal early adopter of the platform. These types of deployments allow us to validate the business model, gather valuable feedback, and identify any areas for improvement before we accelerate our broader sales and marketing efforts.

"We recently experienced a minor delay with the Apple App Store review process and are in the process of resubmitting the application. We remain optimistic that we will be able to announce the availability of the new apps in both app stores sometime next week.

"I am especially excited about this release because MOBICARD™ 1.8 is not simply an update - it is a significant evolution of the platform. The user experience has been dramatically improved, the interface is more intuitive, and the overall functionality is far more powerful. In many ways, it feels like an entirely new application. We look forward to sharing it with users and showcasing what we believe is the strongest version of MOBICARD™ we have ever released," concluded Mr. Sodaitis.

About Santana Construction Services

Santana Construction Services is a Maryland-based new construction company focused on delivering quality construction, renovation, remodeling, and property improvement services. The company is committed to providing professional craftsmanship and customer-focused project execution throughout its service areas.

Peer To Peer Network, Inc. is the original inventor of the digital business card. With multiple fully granted U.S. utility patents protecting its electronic interactive business card system, PTOP is positioned as the category creator the of digital business cards industry. Its flagship product, MOBICARD™, is currently available on both the Google Play and Apple App Store.

PTOP's mission is to deliver scalable, efficient, and modernized solutions that empower organizations to operate at the speed of digital engagement.

Sign up for free for the MOBICARD™ digital business card app here:

Android: Mobicard™ - Apps on Google Play

iPhone: ‎Mobicard™ App - App Store

Joshua Sodaitis
Chairman & CEO
Peer To Peer Network, Inc.
617-481-1971
[email protected]
www.ptopnetwork.com

PTOP Intelligence Labs, the Company's newly launched AI division is focused on building a suite of artificial intelligence products designed to enhance compliance, automate corporate communications, and strengthen the connection between companies and their customers or investors.

PTOP's mission is to deliver scalable, efficient, and modernized solutions that empower organizations to operate at the speed of digital engagement.

Forward-Looking Statements: This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those projected.

Safe Harbor Statement: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company invokes the protections of the Private Securities Litigation Reform Act of 1995. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategies, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our filings at www.sec.gov.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include, but are not limited to, statements regarding the anticipated launch, approval, functionality, adoption, commercialization, revenue potential, profitability, scalability, growth prospects, enterprise customer deployments, future product enhancements, market opportunities, business strategy, and future operating performance of Peer To Peer Network, Inc. ("PTOP") and its products, including MobiCard™.

Forward-looking statements are typically identified by words such as "anticipates," "believes," "expects," "intends," "plans," "may," "will," "should," "projects," "estimates," "potential," "could," "continue," and similar expressions. These statements are based on current expectations, assumptions, and beliefs of management and are subject to a number of risks, uncertainties, and other factors, many of which are beyond the Company's control.

Actual results may differ materially from those expressed or implied by forward-looking statements due to a variety of factors, including, without limitation: the Company's ability to obtain and maintain app store approvals; successfully launch and commercialize its products; convert enterprise agreements into active paying customers; attract and retain users; generate revenues; obtain financing; compete effectively within its industry; protect its intellectual property; maintain regulatory compliance; execute its business strategy; and general economic, market, technological, and industry conditions.

No assurance can be given that any anticipated product launch, customer deployment, revenue opportunity, growth initiative, enterprise adoption, or business objective will be achieved. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release.

Except as required by applicable law, Peer To Peer Network, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

SOURCE: Peer To Peer Network

Fans can enter for a chance to win a custom Toyota Tacoma, VIP Reds Experiences, and more. June 12, 2026 14:14 ET  | Source: Avos from Peru

Cincinnati, OH, June 12, 2026 (GLOBE NEWSWIRE) -- The Cincinnati Reds and Avocados From Peru (AFP) today announced a new partnership naming Avocados From Peru the Official Avocado and Official Superfood of the Cincinnati Reds.

Avocados From Peru and Cincinnati Reds branded pickup truck with team mascots and an avocado mascot outside Great American Ball Park.

To celebrate the partnership, the Reds and Avocados From Peru are launching “The Ultimate Sweepstakes of Baseball Season,” giving fans the opportunity to win a variety of prizes throughout the summer, including the grand prize: a custom co-branded 2026 Toyota Tacoma SR wrapped in Reds and Avocados From Peru branding.

The sweepstakes launches June 12 and runs through September 2, 2026. To be eligible, fans must register at Reds.com/AvoReds and follow @avosfromperu on Instagram. Both steps are required for a valid entry.

“As we continue to create unique experiences for our fans, this partnership with Avocados From Peru brings together baseball, community engagement and an exciting summer-long promotion,” said Dave Collins, Reds Vice President of Corporate Partnerships. “We are excited to give fans the opportunity to win a custom Toyota Tacoma while engaging with the Reds throughout the season.”

As part of the promotion, the custom Toyota Tacoma will be displayed at Great American Ball Park throughout the sweepstakes period and will also appear at community events across the Cincinnati region during the summer.

Fans attending games at Great American Ball Park will have opportunities to view the truck, take photos, scan QR codes to enter the sweepstakes and enjoy avocado-inspired menu offerings at select concession locations throughout the ballpark.

“We are thrilled to partner with one of Major League Baseball’s most historic franchises and connect with Reds fans throughout the region,” said Xavier Equihua, President and CEO of the Peruvian Avocado Commission. “This partnership combines healthy eating, community engagement and exciting fan experiences while showcasing the versatility, great taste and nutritional benefits of Avocados From Peru.”

The partnership will also feature a special National Avocado Day celebration on July 31, including the Reds Guacamole Challenge, where local media personalities and community guests will compete by preparing their favorite guacamole recipes before a panel of judges.

Additional sweepstakes prizes include exclusive Reds experiences, batting practice access and game tickets.

For official sweepstakes rules and entry information, visit Reds.com/AvoReds.

About Avocados From Peru

Avocados From Peru is represented by the Peruvian Avocado Commission (PAC), a non-profit organization operating under the Federal Promotion Program for Hass Avocados, with promotional activities under the oversight of the U.S. Department of Agriculture. Avocados From Peru promotes the flavor, quality and excellence of avocados grown in Peru, where orchards thrive between the Andes Mountains and the Pacific Ocean. For more information, visit AvocadosFromPeru.com.

Press Inquiries

Xavier Fco. Equihua
info [at] avocadosfromperu.com
(202)626-0560
https://avocadosfromperu.com/
Peruvian Avocado Commission 717 D Street, NW Suite 310 Washington, D.C. 20004

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Paramount Skydance CEO David Ellison has highlighted the importance of technology as AI tools like Claude make staffers more productive. Patrick T. Fallon/AFP via Getty Images; Photo by Samuel Boivin/NurPhoto via Getty Images Executives at Paramount Skydance have fallen in love with AI — especially its knack for quickly knocking out tasks that would otherwise take workers hours to complete.

Paramount streaming leaders trumpeted "productivity acceleration" thanks to AI during a quarterly tech meeting on Wednesday, according to a screenshot of the presentation viewed by Business Insider.

During the meeting, higher-ups highlighted how an AI-powered triage tool for data processing finished a two- to four-hour task in less than 10 minutes, the screenshot showed.

The presentation also said that tech staffers have used the AI coding tool Claude Code to complete a task that used to take days in minutes.

Paramount's embrace of AI is part of CEO David Ellison's plan to make the 114-year-old media company into a "tech-forward" enterprise, ahead of its plan to acquire Warner Bros. Discovery.

Four high-level Paramount employees told Business Insider that their company is increasingly leaning into AI, and early results have been encouraging.

"Coding is not the bottleneck. It no longer takes days to write the code — it takes hours," a veteran streaming leader said.

Paramount has encouraged tech employees to freely use AI, two employees said.

However, the company told tech employees on Wednesday that it's starting to implement "per-user monthly spend limits" on AI tokens, though the quotas will be far above most employees' usage.

"This will be a high limit based on usage analytics," said Alan Ho, Paramount's senior director of identity architecture and AI enablement, in a Slack message that was viewed by Business Insider.

If Paramount employees don't use AI, 'something's missing in your drive'Besides pushing into AI, Paramount is putting its streamers on a unified tech platform this summer, has expanded the role of data and insights, and made key hires — like former Google executives Barak Turovsky as consumer AI head and Hugh Williams as an EVP.

In recent months, Paramount has created an AI dashboard that shows Cursor token usage, similar to ones at Disney and the finance giant JPMorgan.

A top AI user on Paramount's dashboard said that the company's shift toward AI "almost felt like it happened overnight" and said staffers "feel more empowered every day" to use those tools.

"It's just part of how we work," this person said of AI. "It's taken a lot of the heavy lifting out of the technical side, which has freed up more time and headspace for the creative work."

A Paramount tech executive said they weren't diving deep into AI until the spring, but they're now aboard the hype train. AI tools can handle weeks' worth of work in minutes, they said.

"At some point, if you're not using it, something's wrong," this executive said. "Something's missing in your drive."

Another AI-focused employee said they'd been using teams of AI agents, deploying as many as 10 automated bots at once to accomplish tasks.

The veteran streaming leader said they'd found that AI usage correlated with productivity, and that the amount of code produced was soaring.

"I was giving praise to developers who appeared in the top 10," the veteran streaming leader said.

Paramount has been hustling to converge its streaming tech platforms by the middle of the year, which has been a top company priority. Without the rapid maturity and adoption of AI, the veteran leader said they didn't think their team would have accomplished its goals on time.

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Item 1 of 2 The Warner Bros. Water Tower is pictured at Warner Bros. Studios in Burbank, California, U.S. February 27, 2026. REUTERS/Daniel Cole/File Photo

[1/2]The Warner Bros. Water Tower is pictured at Warner Bros. Studios in Burbank, California, U.S. February 27, 2026. REUTERS/Daniel Cole/File Photo Purchase Licensing Rights, opens new tab

CompaniesWASHINGTON, June 12 (Reuters) - The U.S. ‌Justice Department's Antitrust Division has cleared ​Paramount Skydance Corp's (PSKY.O), opens new tab ​planned $110 billion acquisition of ⁠Warner Bros ​Discovery (WBD.O), opens new tab, Politico reported ​on Friday, citing two people familiar.

Department of Justice ​officials determined ​the transaction did not pose ‌a ⁠threat to competition, according to the sources.

The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here.

Politico reported, ​citing one ​source, ⁠that the department approved ​the merger without ​requiring ⁠any divestitures, behavioral remedies or ⁠concessions.

Reporting ​by Ismail ​Shakil and Daphne Psaledakis; Editing ​by Caitlin Webber

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Celanese Corporation (NYSE:CE) will release earnings for its first quarter after the closing bell on Tuesday, May 5.

Analysts expect the Irving, Texas-based company to report quarterly earnings of 88 cents per share. That’s up from 57 cents per share in the year-ago period. The consensus estimate for Celanese's quarterly revenue is $2.35 billion (it reported $2.39 billion last year), according to Benzinga Pro.

On April 15, Celanese declared quarterly dividend of 3 cents per share.

Shares of Celanese fell 0.7% to close at $68.74 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

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DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today reported first quarter 2026 U.S. GAAP diluted earnings per share of $0.41 and adjusted earnings per share of $0.85. Net sales of $2.3 billion increased 6 percent sequentially, reflecting a 5 percent increase in volume, a small currency benefit and stable pricing. Results reflected actions that delivered favorable product mix and cost productivity measures in Engineered Materials, along with deliberate steps to capture higher value opportunities within the Acetyl Chain. These benefits were partially offset by higher feedstock and energy costs across both businesses.

Celanese utilized its fundamentally strong and differentiated business models to take swift action and capitalize on opportunities. For the first quarter, the Company reported consolidated operating profit of $214 million, adjusted EBIT of $275 million, and operating EBITDA of $455 million at margins of 9, 12, and 20 percent, respectively.

Celanese continued to take actions to advance the strategic priorities of increasing cash flow to accelerate deleveraging, intensifying cost improvements, and driving top line growth. These actions included the successful restart of the Frankfurt, Germany VAM unit and the announcement of the intended closure of the nylon 6,6 polymerization unit in Singapore.

“We are taking decisive and intentional actions to drive business improvement,” said Scott Richardson, president and chief executive officer. “By staying ahead of dynamic global events, we were able to capitalize on opportunities while positioning the business for an improved earnings profile over the course of the year. At the same time, we are strengthening the long-term fundamentals of the business through operational improvements and increased resilience. This progress supports our decision to raise our full‑year free cash flow outlook to $700 to $800 million and reinforces our confidence in the path forward.”

First Quarter 2026 Financial Highlights:

Three Months Ended

March 31,
2026

December 31,
2025

March 31,
2025

(unaudited)

(In $ millions, except per share data)

Net Sales

Engineered Materials

1,325

1,277

1,287

Acetyl Chain

1,036

940

1,116

Intersegment Eliminations

(24)

(13)

(14)

Total

2,337

2,204

2,389

Operating Profit (Loss)

Engineered Materials

221

111

94

Acetyl Chain

95

90

161

Other Activities

(102)

(108)

(90)

Total

214

93

165

Net Earnings (Loss)

48

22

(20)

Adjusted EBIT(1)

Engineered Materials

220

183

124

Acetyl Chain

131

146

167

Other Activities

(76)

(78)

(60)

Total

275

251

231

Equity Earnings and Dividend Income, Other Income (Expense)

Engineered Materials

32

32

17

Acetyl Chain

2

42

3

Operating EBITDA(1)

455

435

411

Diluted EPS - continuing operations

$

0.41

$

0.23

$

(0.17)

Diluted EPS - total

$

0.40

$

0.17

$

(0.22)

Adjusted EPS(1)

$

0.85

$

0.67

$

0.54

Net cash provided by (used in) investing activities

425

(104)

(98)

Net cash provided by (used in) financing activities

(3)

(324)

45

Net cash provided by (used in) operating activities

76

252

37

Free cash flow(1)

3

160

(73)

  (1) See "Non-US GAAP Financial Measures" below.

Recent Highlights:

Announced the intended closure of the nylon 6,6 polymerization unit in Sakra, Singapore, alongside optimization of the nylon 6,6 polymer assets in North America. Through these actions, Celanese expects to reposition its nylon business to create a more competitive and resilient platform for the future, without compromising customer confidence, product quality, or the Company’s ability to innovate on its existing polymer production assets or existing specialty polymerization capability.
Reaffirmed the ongoing complementary actions across the Engineered Materials network, including advancing steps towards commencement of liquid crystal polymer-related operations in China, targeted upgrades of specialty compounds capability in Europe, introduction of new medical-grade compounding in Asia, and implementation of targeted product mix enhancements and localization in India.
Opened the expanded Michigan Technology Center, enabling earlier customer engagement, faster development cycles, and deeper integration of technology and application expertise to advance the Engineered Materials growth strategy.
Restarted the Frankfurt, Germany, VAM unit on an accelerated timeline, enhancing supply reliability to respond to customer's needs.
Initiated commissioning of a new VAE Emulsions reactor in Frankfurt, Germany, supporting cost reduction and incremental capacity while strengthening downstream integration and agility of the Acetyl Chain.
Advanced the turnaround of the POM facility in Frankfurt, Germany, with restart expected later in May.
Added Anne P. Noonan to the Company’s Board of Directors in April 2026. Ms. Noonan most recently served as president and chief executive officer of Summit Materials, Inc., and previously as president and chief executive officer of OMNOVA Solutions Inc. Earlier in her career, she spent 27 years at Chemtura Corporation in a variety of leadership roles. First Quarter Business Segment Overview

Engineered Materials

Engineered Materials reported first quarter net sales of $1.3 billion, a 4 percent sequential increase, consisting of 3 percent higher volume with no change in pricing and a modest currency benefit. Results were supported by seasonal volume improvement and favorable product and regional mix, partially offset by continued softness in certain end markets, particularly automotive in China. The business reported first quarter operating profit of $221 million, adjusted EBIT of $220 million, and operating EBITDA of $324 million, with margins of 17, 17, and 25 percent, respectively. Performance reflected continued execution of strategic initiatives focused on product and market segment positioning, improvements in pipeline quality and diversification, value-based pricing, and cost reduction, leading to favorable mix. During the quarter, the business advanced a series of structural actions under its Grow and Fortify strategy, such as the repositioning of the nylon portfolio and targeted network enhancements including liquid crystal polymers capabilities in Asia, specialty compounding in Europe, and medical-grade compounding in Asia. These actions strengthen the operational foundation in concert with business diversification and breadth into higher-growth end markets such as electronics, data center server componentry, medical devices, and electric vehicles.

Acetyl Chain

The Acetyl Chain reported first quarter net sales of $1.0 billion, a 10 percent sequential increase, consisting of increases of 8 percent in volume and 1 percent in price, with a small currency benefit. Results were supported by late‑quarter pricing and volume opportunities, primarily in China, partially offset by higher feedstock costs and continued softness in acetate tow. The business delivered first quarter operating profit of $95 million, adjusted EBIT of $131 million, and operating EBITDA of $194 million at margins of 9, 13, and 19 percent, respectively. Performance highlighted the agility of the globally integrated operating model, as the business responded swiftly through targeted pricing actions, proactive feedstock management, and dynamic network optimization. The business took multiple actions during the quarter, including the accelerated restart of the Frankfurt VAM unit, commissioning of the VAE reactor, and optimization of asset utilization across the U.S. and Asia. These actions enabled the Acetyl Chain to mitigate cost inflation, capture high value opportunities, and reinforce its position as a reliable supplier.

Cash Flow and Tax

Celanese reported first quarter operating cash flow of $76 million and free cash flow of $3 million. First quarter operating and free cash flow results reflected expected seasonal working capital timing effects and disciplined capital spending, along with changes in the timing of interest payments.

The effective U.S. GAAP income tax rate for the first quarter was 40 percent, which was higher compared to the same period in 2025, primarily due to increased forecasted earnings for the current year, changes in uncertain tax benefits related to prior year tax examinations, and difference in functional currencies for tax purposes in certain jurisdictions.

The effective tax rate for 2026 adjusted earnings was 8 percent for the first quarter. We anticipate this rate for the full year 2026 based on expected jurisdictional earnings mix for the full year and consideration of other non-recurring U.S. GAAP items.

Outlook

"We are uniquely positioned to create and capture opportunities, and as we move into the second quarter, we expect meaningful sequential improvement driven by stronger volumes and price increase realization in the Acetyl Chain, along with pricing improvements in Engineered Materials and seasonal demand across both businesses." continued Richardson. "Based on this, we expect second quarter adjusted earnings per share to be $2.00 to $2.40. We are currently estimating adjusted earnings per share of approximately $3.00 per share in the second half of 2026 as we continue to advance actions to enhance our commercial capabilities and cost structure."

“These actions are expected to strengthen earnings in 2026, meaningfully accelerate deleveraging, and bring our net debt to operating EBITDA ratio into the vicinity of 4.8x. Across market cycles, execution of our priorities positions Celanese for stronger resilience and more sustainable long‑term performance,” Richardson concluded.

Reconciliations of forecasted non-GAAP measures such as adjusted earnings per share, adjusted EBIT, operating EBITDA or free cash flow to the equivalent U.S. GAAP measures (diluted earnings per share, net earnings (loss) attributable to Celanese Corporation and net cash provided by (used in) operations, respectively), are not available without unreasonable efforts because a forecast of Certain Items, such as mark-to-market pension gains/losses, and other items is not practical. For more information, see "Non-GAAP Financial Measures" below.

The Company's prepared remarks related to the first quarter will be posted on its website at investors.celanese.com under Financial Information/Financial Document Library on May 5, 2026. Information about Non-US GAAP measures is included in a Non-US GAAP Financial Measures and Supplemental Information document posted on our investor relations website under Financial Information/Non-GAAP Financial Measures. See also "Non-GAAP Financial Measures" below.

Celanese Corporation is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We support sustainability by responsibly managing the materials we create and growing our portfolio of sustainable products to meet customer and societal demand. We strive to make a positive impact in our communities and to foster inclusivity across our teams. Celanese Corporation is a Fortune 500 company that employs more than 11,000 employees worldwide with 2025 net sales of $9.5 billion.

Forward-Looking Statements

This release may contain "forward-looking statements," which include information concerning the Company's plans, objectives, goals, strategies, future revenues, cash flow, financial performance, synergies, capital expenditures, deleveraging efforts, planned cost reductions, dividend policy, financing needs and other information that is not historical information. All forward-looking statements are based upon current expectations and beliefs and various assumptions. There can be no assurance that the Company will realize these expectations or that these beliefs will prove correct. There are a number of risks and uncertainties that could cause actual results to differ materially from the results expressed or implied in the forward-looking statements contained in this release. These risks and uncertainties include, among other things: the ability to successfully achieve planned cost reductions; changes in general economic, business, political and regulatory conditions in the countries or regions in which we operate; the length and depth of product and industry business cycles, particularly in the automotive, electrical, textiles, electronics and construction industries; potential liability resulting from pending or future claims or litigation, including investigations or enforcement actions, or from changes in the laws, regulations or policies of governments or other governmental activities, in the countries in which we operate; our level of indebtedness and our financial condition, each of which could diminish our ability to raise additional capital to fund operations, reduce our business and strategic flexibility, increase our interest expense, limit the success of our deleveraging efforts, and impact changes to our credit ratings, which could increase our interest expense in the event of additional downgrades; volatility or changes in the price and availability of raw materials and energy, particularly changes in the demand for, supply of, and market prices of ethylene, methanol, natural gas, carbon monoxide, wood pulp, hexamethylene diamine, Polyamide 66 ("PA66"), polybutylene terephthalate, ethanol, natural gas and fuel oil, and the prices for electricity and other energy sources; the ability to pass increases in raw materials prices, logistics costs and other costs on to customers or otherwise improve margins through price increases; the possibility that we will not be able to realize the anticipated benefits of the Mobility & Materials business (the "M&M Business") we acquired from DuPont de Nemours, Inc. (the "M&M Acquisition"), including synergies and growth opportunities, whether as a result of difficulties arising from the operation of the M&M Business or other unanticipated delays, costs, inefficiencies or liabilities; additional impairment of goodwill or intangible assets; increased commercial, legal or regulatory complexity of entering into, or expanding our exposure to, certain end markets and geographies; risks in the global economy and equity and credit markets and their potential impact on our ability to pay down debt in the future and/or refinance at suitable rates, in a timely manner, or at all; the ability to maintain plant utilization rates and to implement planned capacity additions, expansions and maintenance; the ability to reduce or maintain current levels of production costs and to improve productivity by implementing technological improvements to existing plants; increased price competition and the introduction of competing products by other companies; the ability to identify desirable potential acquisition or divestiture opportunities and to complete such transactions, including obtaining regulatory approvals, consistent with the Company's strategy; market acceptance of our products and technology; compliance and other costs and potential disruption or interruption of production or operations due to accidents, interruptions in sources of raw materials, transportation, logistics or supply chain disruptions, cybersecurity incidents, AI-related vulnerabilities, terrorism or political unrest, public health crises, or other unforeseen events or delays in construction or operation of facilities, including as a result of geopolitical conditions, the direct or indirect consequences of acts of war or conflict (such as the Russia-Ukraine conflict or conflicts in the Middle East) or terrorist incidents or as a result of fire, flood, hurricanes, other severe weather, natural disasters, other catastrophic events, or other crises; the ability to obtain governmental approvals and to construct facilities on terms and schedules acceptable to the Company; changes in applicable tariffs, duties, treaties and trade agreements, tax rates or legislation throughout the world including, but not limited to, anti-dumping and countervailing duties, adjustments, changes in estimates or interpretations or the resolution of tax examinations or audits that may impact recorded or future tax impacts and potential regulatory and legislative tax developments in the United States and other jurisdictions; changes in the degree of intellectual property and other legal protection afforded to our products or technologies, or the theft of such intellectual property; potential liability for remedial actions and increased costs under existing or future environmental, health and safety regulations, including those relating to climate change or other sustainability matters; changes in currency exchange rates and interest rates; tax rates and changes thereto; and various other factors discussed from time to time in the Company's filings with the Securities and Exchange Commission.

Any forward-looking statement speaks only as of the date on which it is made, and the Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances.

Non-GAAP Financial Measures

Presentation

This document presents the Company's two business segments, Engineered Materials and the Acetyl Chain.

Use of Non-US GAAP Financial Information

This release uses the following Non-US GAAP measures: adjusted EBIT, adjusted EBIT margin, operating EBITDA, operating EBITDA margin, adjusted earnings per share and free cash flow. These measures are not recognized in accordance with US GAAP and should not be viewed as an alternative to US GAAP measures of performance or liquidity. The most directly comparable financial measure presented in accordance with US GAAP in our consolidated financial statements for adjusted EBIT and operating EBITDA is net earnings (loss) attributable to Celanese Corporation; for adjusted EBIT margin is operating margin; for operating EBITDA margin is operating margin; for adjusted earnings per share is earnings (loss) from continuing operations attributable to Celanese Corporation per common share-diluted; and for free cash flow is net cash provided by (used in) operations.

Definitions of Non-US GAAP Financial Measures

Adjusted EBIT is a performance measure used by the Company and is defined by the Company as net earnings (loss) attributable to Celanese Corporation, plus (earnings) loss from discontinued operations, less interest income, plus interest expense, plus refinancing expense and taxes, and further adjusted for Certain Items (refer to Table 8 of our Non-US GAAP Financial Measures and Supplemental Information document). We do not provide reconciliations for adjusted EBIT on a forward-looking basis (including those contained in this document) when we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of Certain Items, such as mark-to-market pension gains and losses, that have not yet occurred, are out of our control and/or cannot be reasonably predicted. For the same reasons, we are unable to address the probable significance of the unavailable information. Adjusted EBIT margin is defined by the Company as adjusted EBIT divided by net sales.
Operating EBITDA is a performance measure used by the Company and is defined by the Company as net earnings (loss) attributable to Celanese Corporation, plus (earnings) loss from discontinued operations, less interest income, plus interest expense, plus refinancing expense, taxes and depreciation and amortization, and further adjusted for Certain Items, which Certain Items include accelerated depreciation and amortization expense. Operating EBITDA is equal to adjusted EBIT plus depreciation and amortization. We do not provide reconciliations for operating EBITDA on a forward-looking basis (including those contained in this document) when we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of Certain Items, such as mark-to-market pension gains and losses, that have not yet occurred, are out of our control and/or cannot be reasonably predicted. For the same reasons, we are unable to address the probable significance of the unavailable information. Operating EBITDA margin is defined by the Company as operating EBITDA divided by net sales.
Adjusted earnings per share is a performance measure used by the Company and is defined by the Company as earnings (loss) from continuing operations attributable to Celanese Corporation, adjusted for income tax (provision) benefit, Certain Items, and refinancing and related expenses, divided by the number of basic common shares and dilutive restricted stock units and stock options calculated using the treasury method. We do not provide reconciliations for adjusted earnings per share on a forward-looking basis (including those contained in this document) when we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of Certain Items, such as mark-to-market pension gains and losses, that have not yet occurred, are out of our control and/or cannot be reasonably predicted. For the same reasons, we are unable to address the probable significance of the unavailable information.
Note: The income tax expense (benefit) on Certain Items ("Non-GAAP adjustments") is determined using the applicable rates in the taxing jurisdictions in which the Non-GAAP adjustments occurred and includes both current and deferred income tax expense (benefit). The income tax rate used for adjusted earnings per share approximates the midpoint in a range of forecasted tax rates for the year. This range may include certain partial or full-year forecasted tax opportunities and related costs, where applicable, and specifically excludes changes in uncertain tax positions, discrete recognition of GAAP items on a quarterly basis, other pre-tax items adjusted out of our GAAP earnings for adjusted earnings per share purposes and changes in management's assessments regarding the ability to realize deferred tax assets for GAAP. In determining the adjusted earnings per share tax rate, we reflect the impact of foreign tax credits when utilized, or expected to be utilized, absent discrete events impacting the timing of foreign tax credit utilization. We analyze this rate quarterly and adjust it if there is a material change in the range of forecasted tax rates; an updated forecast would not necessarily result in a change to our tax rate used for adjusted earnings per share. The adjusted tax rate is an estimate and may differ from the actual tax rate used for GAAP reporting in any given reporting period. Table 3a of our Non-US GAAP Financial Measures and Supplemental Information document summarizes the reconciliation of our estimated GAAP effective tax rate to the adjusted tax rate. The estimated GAAP rate excludes discrete recognition of GAAP items due to our inability to forecast such items. As part of the year-end reconciliation, we will update the reconciliation of the GAAP effective tax rate to the adjusted tax rate for actual results.

Free cash flow is a liquidity measure used by the Company and is defined by the Company as net cash provided by (used in) operations, less capital expenditures on property, plant and equipment, and adjusted for contributions from or distributions to our noncontrolling interest joint ventures. We do not provide reconciliations for free cash flow on a forward-looking basis (including those contained in this document) when we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of items such as working capital changes, fluctuations in foreign currency exchange rates, the impact and timing of potential acquisitions and divestitures, and other structural changes, that have not yet occurred, are out of our control and/or cannot be reasonably predicted. For the same reasons, we are unable to address the probable significance of the unavailable information. Reconciliation of Non-US GAAP Financial Measures

Reconciliations of the Non-US GAAP financial measures used in this press release to the comparable US GAAP financial measure, together with information about the purposes and uses of Non-US GAAP financial measures, are included in our Non-US GAAP Financial Measures and Supplemental Information document filed as an exhibit to our Current Report on Form 8-K filed with the SEC on or about May 5, 2026 and also available on our website at investors.celanese.com under Financial Information/Financial Document Library.

Results Unaudited

The results in this document, together with the adjustments made to present the results on a comparable basis, have not been audited and are based on internal financial data furnished to management. Quarterly results should not be taken as an indication of the results of operations to be reported for any subsequent period or for the full fiscal year.

Certain prior period amounts have been revised to correct for certain prior period immaterial errors. See Note 1 to our Quarterly Report on Form 10-Q for the quarterly period ending March 31, 2026.

Supplemental Information

Additional information about our prior period performance is included in our Quarterly Reports on Form 10-Q and in our Non-US GAAP Financial Measures and Supplemental Information document.

  Consolidated Statements of Operations - Unaudited

  Three Months Ended

March 31,
2026

December 31,
2025

March 31,
2025

(In $ millions, except share and per share data)

Net sales

2,337

2,204

2,389

Cost of sales

(1,869)

(1,781)

(1,915)

Gross profit

468

423

474

Selling, general and administrative expenses

(226)

(223)

(231)

Amortization of intangible assets

(40)

(40)

(40)

Research and development expenses

(28)

(32)

(31)

Other (charges) gains, net

(20)

(39)

(31)

Foreign exchange gain (loss), net

12

7

21

Gain (loss) on disposition of businesses and assets, net

48

(3)

3

Operating profit (loss)

214

93

165

Equity in net earnings (loss) of affiliates

35

37

22

Non-operating pension and other postretirement employee benefit (expense) income

5

50

2

Interest expense

(183)

(177)

(170)

Refinancing expense

—

(36)

(32)

Interest income

9

6

4

Dividend income - equity investments

1

40

1

Other income (expense), net

1

—

2

Earnings (loss) from continuing operations before tax

82

13

(6)

Income tax (provision) benefit

(33)

15

(9)

Earnings (loss) from continuing operations

49

28

(15)

Earnings (loss) from operation of discontinued operations

(1)

(8)

(6)

Income tax (provision) benefit from discontinued operations

—

2

1

Earnings (loss) from discontinued operations

(1)

(6)

(5)

Net earnings (loss)

48

22

(20)

Net (earnings) loss attributable to noncontrolling interests

(4)

(3)

(4)

Net earnings (loss) attributable to Celanese Corporation

44

19

(24)

Amounts attributable to Celanese Corporation

Earnings (loss) from continuing operations

45

25

(19)

Earnings (loss) from discontinued operations

(1)

(6)

(5)

Net earnings (loss)

44

19

(24)

Earnings (loss) per common share - basic

Continuing operations

0.41

0.23

(0.17)

Discontinued operations

(0.01)

(0.06)

(0.05)

Net earnings (loss) - basic

0.40

0.17

(0.22)

Earnings (loss) per common share - diluted

Continuing operations

0.41

0.23

(0.17)

Discontinued operations

(0.01)

(0.06)

(0.05)

Net earnings (loss) - diluted

0.40

0.17

(0.22)

Weighted average shares (in millions)

Basic

109.7

109.6

109.4

Diluted

110.0

109.8

109.4

Consolidated Balance Sheets - Unaudited

  As of
March 31,
2026

As of
December 31,
2025

(In $ millions)

ASSETS

Current Assets

Cash and cash equivalents

1,758

1,263

Trade receivables - third party and affiliates, net

1,097

922

Non-trade receivables, net

583

545

Inventories

2,284

2,220

Assets held for sale

—

492

Other assets

247

251

Total current assets

5,969

5,693

Investments in affiliates

1,227

1,252

Property, plant and equipment, net

4,938

5,076

Operating lease right-of-use assets

376

359

Deferred income taxes

1,341

1,359

Other assets

608

601

Goodwill

4,157

4,171

Intangible assets, net

3,119

3,184

Total assets

21,735

21,695

LIABILITIES AND EQUITY

Current Liabilities

Short-term borrowings and current installments of long-term debt - third party and affiliates

1,741

1,204

Trade payables - third party and affiliates

1,441

1,279

Liabilities held for sale

—

75

Other liabilities

1,040

1,049

Income taxes payable

94

76

Total current liabilities

4,316

3,683

Long-term debt, net of unamortized deferred financing costs

10,813

11,394

Deferred income taxes

512

512

Uncertain tax positions

225

208

Benefit obligations

332

344

Operating lease liabilities

275

265

Other liabilities

777

817

Commitments and Contingencies

Shareholders' Equity

Treasury stock, at cost

(5,482)

(5,482)

Additional paid-in capital

439

431

Retained earnings

9,917

9,876

Accumulated other comprehensive income (loss), net

(811)

(776)

Total Celanese Corporation shareholders' equity

4,063

4,049

Noncontrolling interests

422

423

Total equity

4,485

4,472

Total liabilities and equity

21,735

21,695

Non-U.S. GAAP Financial Measures and Supplemental Information

May 5, 2026

In this document, the terms the "Company," "we" and "our" refer to Celanese Corporation and its subsidiaries on a consolidated basis.

Purpose

The purpose of this document is to provide information of interest to investors, analysts and other parties including supplemental financial information and reconciliations and other information concerning our use of non-U.S. GAAP financial measures. This document is updated quarterly.

Presentation

This document presents the Company's two business segments, Engineered Materials and the Acetyl Chain.

Use of Non-U.S. GAAP Financial Measures

From time to time, management may publicly disclose certain numerical "non-GAAP financial measures" in the course of our earnings releases, financial presentations, earnings conference calls, investor and analyst meetings and otherwise. For these purposes, the Securities and Exchange Commission ("SEC") defines a "non-GAAP financial measure" as a numerical measure of historical or future financial performance, financial position or cash flows that excludes amounts, or is subject to adjustments that effectively exclude amounts, included in the most directly comparable measure calculated and presented in accordance with U.S. GAAP, and vice versa for measures that include amounts, or are subject to adjustments that effectively include amounts, that are excluded from the most directly comparable U.S. GAAP measure so calculated and presented. For these purposes, "GAAP" refers to generally accepted accounting principles in the United States.

Non-GAAP financial measures disclosed by management are provided as additional information to investors, analysts and other parties because the Company believes them to be important supplemental measures for assessing our financial and operating results and as a means to evaluate our financial condition and period-to-period comparisons. These non-GAAP financial measures should be viewed as supplemental to, and should not be considered in isolation or as alternatives to, net earnings (loss), operating profit (loss), operating margin, cash flow from operating activities (together with cash flow from investing and financing activities), earnings per share or any other U.S. GAAP financial measure. These non-GAAP financial measures should be considered within the context of our complete audited and unaudited financial results for the given period, which are available on the Financial Information/Financial Document Library page of our website, investors.celanese.com. The definition and method of calculation of the non-GAAP financial measures used herein may be different from other companies' methods for calculating measures with the same or similar titles. Investors, analysts and other parties should understand how another company calculates such non-GAAP financial measures before comparing the other company's non-GAAP financial measures to any of our own. These non-GAAP financial measures may not be indicative of the historical operating results of the Company nor are they intended to be predictive or projections of future results.

Pursuant to the requirements of SEC Regulation G, whenever we refer to a non-GAAP financial measure, we will also present in this document, in the presentation itself or on a Form 8-K in connection with the presentation on the Financial Information/Financial Document Library page of our website, investors.celanese.com, to the extent practicable, the most directly comparable financial measure calculated and presented in accordance with GAAP, along with a reconciliation of the differences between the non-GAAP financial measure we reference and such comparable GAAP financial measure.

This document includes definitions and reconciliations of non-GAAP financial measures used from time to time by the Company.

Specific Measures Used

This document provides information about the following non-GAAP measures: adjusted EBIT, adjusted EBIT margin, operating EBITDA, operating EBITDA margin, operating profit (loss) attributable to Celanese Corporation, adjusted earnings per share, net debt, free cash flow and return on invested capital (adjusted). The most directly comparable financial measure presented in accordance with U.S. GAAP in our consolidated financial statements for adjusted EBIT and operating EBITDA is net earnings (loss) attributable to Celanese Corporation; for adjusted EBIT margin and operating EBITDA margin is operating margin; for operating profit (loss) attributable to Celanese Corporation is operating profit (loss); for adjusted earnings per share is earnings (loss) from continuing operations attributable to Celanese Corporation per common share-diluted; for net debt is total debt; for free cash flow is net cash provided by (used in) operations; and for return on invested capital (adjusted) is net earnings (loss) attributable to Celanese Corporation divided by the sum of the average of beginning and end of the year short- and long-term debt and Celanese Corporation shareholders' equity.

Definitions

Adjusted EBIT is a performance measure used by the Company and is defined by the Company as net earnings (loss) attributable to Celanese Corporation, plus (earnings) loss from discontinued operations, less interest income, plus interest expense, plus refinancing expense and taxes, and further adjusted for Certain Items (refer to Table 8). We believe that adjusted EBIT provides transparent and useful information to management, investors, analysts and other parties in evaluating and assessing our primary operating results from period-to-period after removing the impact of unusual, non-operational or restructuring-related activities that affect comparability. Our management recognizes that adjusted EBIT has inherent limitations because of the excluded items. Adjusted EBIT is one of the measures management uses for planning and budgeting, monitoring and evaluating financial and operating results and as a performance metric in the Company's incentive compensation plan. We do not provide reconciliations for adjusted EBIT on a forward-looking basis (including those contained in this document) when we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of Certain Items, such as mark-to-market pension gains and losses, that have not yet occurred, are out of our control and/or cannot be reasonably predicted. For the same reasons, we are unable to address the probable significance of the unavailable information. Adjusted EBIT margin is defined by the Company as adjusted EBIT divided by net sales. Adjusted EBIT margin has the same uses and limitations as adjusted EBIT.
Operating EBITDA is a performance measure used by the Company and is defined by the Company as net earnings (loss) attributable to Celanese Corporation, plus (earnings) loss from discontinued operations, less interest income, plus interest expense, plus refinancing expense, taxes and depreciation and amortization, and further adjusted for Certain Items, which Certain Items include accelerated depreciation and amortization expense. Operating EBITDA is equal to adjusted EBIT plus depreciation and amortization. We believe that operating EBITDA provides transparent and useful information to investors, analysts and other parties in evaluating our operating performance relative to our peer companies. We do not provide reconciliations for operating EBITDA on a forward-looking basis (including those contained in this document) when we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of Certain Items, such as mark-to-market pension gains and losses, that have not yet occurred, are out of our control and/or cannot be reasonably predicted. For the same reasons, we are unable to address the probable significance of the unavailable information. Operating EBITDA margin is defined by the Company as operating EBITDA divided by net sales. Operating EBITDA margin has the same uses and limitations as operating EBITDA.
Operating profit (loss) attributable to Celanese Corporation is defined by the Company as operating profit (loss), less earnings (loss) attributable to noncontrolling interests ("NCI"). We believe that operating profit (loss) attributable to Celanese Corporation provides transparent and useful information to management, investors, analysts and other parties in evaluating our core operational performance. Operating margin attributable to Celanese Corporation is defined by the Company as operating profit (loss) attributable to Celanese Corporation divided by net sales. Operating margin attributable to Celanese Corporation has the same uses and limitations as operating profit (loss) attributable to Celanese Corporation.
Adjusted earnings per share is a performance measure used by the Company and is defined by the Company as earnings (loss) from continuing operations attributable to Celanese Corporation, adjusted for income tax (provision) benefit, Certain Items, and refinancing and related expenses, divided by the number of basic common shares and dilutive restricted stock units and stock options calculated using the treasury method. We believe that adjusted earnings per share provides transparent and useful information to management, investors, analysts and other parties in evaluating and assessing our primary operating results from period-to-period after removing the impact of the above stated items that affect comparability and as a performance metric in the Company's incentive compensation plan. We do not provide reconciliations for adjusted earnings per share on a forward-looking basis (including those contained in this document) when we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of Certain Items, such as mark-to-market pension gains and losses, that have not yet occurred, are out of our control and/or cannot be reasonably predicted. For the same reasons, we are unable to address the probable significance of the unavailable information. Note: The income tax expense (benefit) on Certain Items ("Non-GAAP adjustments") is determined using the applicable rates in the taxing jurisdictions in which the Non-GAAP adjustments occurred and includes both current and deferred income tax expense (benefit). The income tax rate used for adjusted earnings per share approximates the midpoint in a range of forecasted tax rates for the year. This range may include certain partial or full-year forecasted tax opportunities and related costs, where applicable, and specifically excludes changes in uncertain tax positions, discrete recognition of GAAP items on a quarterly basis, other pre-tax items adjusted out of our GAAP earnings for adjusted earnings per share purposes and changes in management's assessments regarding the ability to realize deferred tax assets for GAAP. In determining the adjusted earnings per share tax rate, we reflect the impact of foreign tax credits when utilized, or expected to be utilized, absent discrete events impacting the timing of foreign tax credit utilization. We analyze this rate quarterly and adjust it if there is a material change in the range of forecasted tax rates; an updated forecast would not necessarily result in a change to our tax rate used for adjusted earnings per share. The adjusted tax rate is an estimate and may differ from the actual tax rate used for GAAP reporting in any given reporting period. Table 3a summarizes the reconciliation of our estimated GAAP effective tax rate to the adjusted tax rate. The estimated GAAP rate excludes discrete recognition of GAAP items due to our inability to forecast such items. As part of the year-end reconciliation, we will update the reconciliation of the GAAP effective tax rate to the adjusted tax rate for actual results. Free cash flow is a liquidity measure used by the Company and is defined by the Company as net cash provided by (used in) operations, less capital expenditures on property, plant and equipment, and adjusted for contributions from or distributions to our NCI joint ventures. We believe that free cash flow provides useful information to management, investors, analysts and other parties in evaluating the Company's liquidity and credit quality assessment because it provides an indication of the long-term cash generating ability of our business. Although we use free cash flow as a measure to assess the liquidity generated by our business, the use of free cash flow has important limitations, including that free cash flow does not reflect the cash requirements necessary to service our indebtedness, lease obligations, unconditional purchase obligations or pension and postretirement funding obligations. Free cash flow is not a measure of cash available for discretionary expenditures since the Company has certain debt service and finance lease payments that are not deducted from that measure. We do not provide reconciliations for free cash flow on a forward-looking basis when we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of items such as working capital changes, fluctuations in foreign currency exchange rates, the impact and timing of potential acquisitions and divestitures, and other structural changes, that have not yet occurred, are out of our control and/or cannot be reasonably predicted. For the same reasons, we are unable to address the probable significance of the unavailable information.
Net debt is defined by the Company as total debt less cash and cash equivalents. We believe that net debt provides useful information to management, investors, analysts and other parties in evaluating changes to the Company's capital structure and credit quality assessment.
Return on invested capital (adjusted) is defined by the Company as adjusted EBIT, tax effected using the adjusted tax rate, divided by the sum of the average of beginning and end of the year short- and long-term debt and Celanese Corporation shareholders' equity. We believe that return on invested capital (adjusted) provides useful information to management, investors, analysts and other parties in order to assess our income generation from the point of view of our shareholders and creditors who provide us with capital in the form of equity and debt and whether capital invested in the Company yields competitive returns. Supplemental Information

Supplemental Information we believe to be of interest to investors, analysts and other parties includes the following:

Net sales for each of our business segments and the percentage increase or decrease in net sales attributable to price, volume, currency and other factors for each of our business segments. Cash dividends received from our equity investments. For those consolidated ventures in which the Company owns or is exposed to less than 100% of the economics, the outside shareholders' interests are shown as NCI. Amounts referred to as "attributable to Celanese Corporation" are net of any applicable NCI. Results Unaudited

The results in this document, together with the adjustments made to present the results on a comparable basis, have not been audited and are based on internal financial data furnished to management. Quarterly results should not be taken as an indication of the results of operations to be reported for any subsequent period or for the full fiscal year.

Certain prior period amounts have been revised to correct for certain prior period immaterial errors. See Note 1 to our Quarterly Report on Form 10-Q for the quarterly period ending March 31, 2026.

Table 1

Adjusted EBIT and Operating EBITDA - Reconciliation of Non-GAAP Measures - Unaudited

  Q1 '26

2025

Q4 '25

Q3 '25

Q2 '25

Q1 '25

(In $ millions)

Net earnings (loss) attributable to Celanese Corporation

44

(1,165

)

19

(1,357

)

197

(24

)

(Earnings) loss from discontinued operations

1

21

6

—

10

5

Interest income

(9

)

(24

)

(6

)

(7

)

(7

)

(4

)

Interest expense

183

701

177

177

177

170

Refinancing expense

—

68

36

—

—

32

Income tax provision (benefit)

33

(90

)

(15

)

(7

)

(77

)

9

Certain Items attributable to Celanese Corporation (Table 8)

23

1,639

34

1,520

42

43

Adjusted EBIT

275

1,150

251

326

342

231

Depreciation and amortization expense(1)

180

743

184

191

188

180

Operating EBITDA

455

1,893

435

517

530

411

  Q1 '26

2025

Q4 '25

Q3 '25

Q2 '25

Q1 '25

(In $ millions)

Engineered Materials

3

6

1

3

2

—

Acetyl Chain

18

11

11

—

—

—

Other Activities(2)

—

—

—

—

—

—

Accelerated depreciation and amortization expense

21

17

12

3

2

—

Depreciation and amortization expense(1)

180

743

184

191

188

180

Total depreciation and amortization expense

201

760

196

194

190

180

    Table 2

Supplemental Segment Data and Reconciliation of Segment Adjusted EBIT and Operating EBITDA - Non-GAAP Measures - Unaudited

Q1 '26

2025

Q4 '25

Q3 '25

Q2 '25

Q1 '25

(In $ millions, except percentages)

Operating Profit (Loss) / Operating Margin

Engineered Materials

221

16.7

%

(958

)

(17.8

)%

111

8.7

%

(1,327

)

(95.9

)%

164

11.4

%

94

7.3

%

Acetyl Chain

95

9.2

%

539

12.7

%

90

9.6

%

135

12.7

%

153

13.7

%

161

14.4

%

Other Activities(1)

(102

)

(367

)

(108

)

(83

)

(86

)

(90

)

Total

214

9.2

%

(786

)

(8.2

)%

93

4.2

%

(1,275

)

(52.7

)%

231

9.1

%

165

6.9

%

Less: Net Earnings (Loss) Attributable to NCI for Engineered Materials

2

6

—

3

1

2

Less: Net Earnings (Loss) Attributable to NCI for Acetyl Chain

2

8

3

1

2

2

Operating Profit (Loss) Attributable to Celanese Corporation

210

9.0

%

(800

)

(8.4

)%

90

4.1

%

(1,279

)

(52.9

)%

228

9.0

%

161

6.7

%

Operating Profit (Loss) / Operating Margin Attributable to Celanese Corporation

Engineered Materials

219

16.5

%

(964

)

(17.9

)%

111

8.7

%

(1,330

)

(96.1

)%

163

11.3

%

92

7.1

%

Acetyl Chain

93

9.0

%

531

12.5

%

87

9.3

%

134

12.6

%

151

13.5

%

159

14.2

%

Other Activities(1)

(102

)

(367

)

(108

)

(83

)

(86

)

(90

)

Total

210

9.0

%

(800

)

(8.4

)%

90

4.1

%

(1,279

)

(52.9

)%

228

9.0

%

161

6.7

%

Equity Earnings and Dividend Income, Other Income (Expense) Attributable to Celanese Corporation

Engineered Materials

32

109

32

35

25

17

Acetyl Chain

2

132

42

44

43

3

Other Activities(1)

3

15

3

4

3

5

Total

37

256

77

83

71

25

Non-Operating Pension and Other Post-Retirement Employee Benefit (Expense) Income Attributable to Celanese Corporation

Engineered Materials

—

3

3

—

—

—

Acetyl Chain

—

—

—

—

—

—

Other Activities(1)

5

52

47

2

1

2

Total

5

55

50

2

1

2

Certain Items Attributable to Celanese Corporation (Table 8)

Engineered Materials

(31

)

1,572

37

1,495

25

15

Acetyl Chain

36

32

17

9

1

5

Other Activities(1)

18

35

(20

)

16

16

23

Total

23

1,639

34

1,520

42

43

Adjusted EBIT / Adjusted EBIT Margin

Engineered Materials

220

16.6

%

720

13.4

%

183

14.3

%

200

14.5

%

213

14.8

%

124

9.6

%

Acetyl Chain

131

12.6

%

695

16.4

%

146

15.5

%

187

17.6

%

195

17.5

%

167

15.0

%

Other Activities(1)

(76

)

(265

)

(78

)

(61

)

(66

)

(60

)

Total

275

11.8

%

1,150

12.0

%

251

11.4

%

326

13.5

%

342

13.5

%

231

9.7

%

  Table 2

Supplemental Segment Data and Reconciliation of Segment Adjusted EBIT and Operating EBITDA - Non-GAAP Measures - Unaudited (cont.)

Q1 '26

2025

Q4 '25

Q3 '25

Q2 '25

Q1 '25

(In $ millions, except percentages)

Depreciation and Amortization Expense(1)

Engineered Materials

104

441

105

115

112

109

Acetyl Chain

63

252

64

63

64

61

Other Activities(2)

13

50

15

13

12

10

Total

180

743

184

191

188

180

Operating EBITDA / Operating EBITDA Margin

Engineered Materials

324

24.5

%

1,161

21.5

%

288

22.6

%

315

22.8

%

325

22.5

%

233

18.1

%

Acetyl Chain

194

18.7

%

947

22.4

%

210

22.3

%

250

23.6

%

259

23.2

%

228

20.4

%

Other Activities(2)

(63

)

(215

)

(63

)

(48

)

(54

)

(50

)

Total

455

19.5

%

1,893

19.8

%

435

19.7

%

517

21.4

%

530

20.9

%

411

17.2

%

    Table 3

Adjusted Earnings (Loss) per Share - Reconciliation of a Non-GAAP Measure - Unaudited

Q1 '26

2025

Q4 '25

Q3 '25

Q2 '25

Q1 '25

per

share

per

share

per

share

per

share

per

share

per

share

(In $ millions, except per share data)

Earnings (loss) from continuing operations attributable to Celanese Corporation

45

0.41

(1,144

)

(10.44

)

25

0.23

(1,357

)

(12.39

)

207

1.89

(19

)

(0.17

)

Income tax provision (benefit)

33

(90

)

(15

)

(7

)

(77

)

9

Earnings (loss) from continuing operations before tax

78

(1,234

)

10

(1,364

)

130

(10

)

Certain Items attributable to Celanese Corporation (Table 8)

23

1,639

34

1,520

42

43

Refinancing and related expenses

—

68

36

—

—

32

Adjusted earnings (loss) from continuing operations before tax

101

473

80

156

172

65

Income tax (provision) benefit on adjusted earnings(1)

(8

)

(36

)

(6

)

(9

)

(15

)

(6

)

Adjusted earnings (loss) from continuing operations(2)

93

0.85

437

3.98

74

0.67

147

1.34

157

1.43

59

0.54

Diluted shares (in millions)(3)

Weighted average shares outstanding

109.7

109.5

109.6

109.6

109.5

109.4

Incremental shares attributable to equity awards

0.3

0.2

0.2

—

0.2

—

Total diluted shares

110.0

109.7

109.8

109.6

109.7

109.4

Q1 '26

2025

Q4 '25

Q3 '25

Q2 '25

Q1 '25

Adjusted effective tax rate

8

8

8

6

9

9

Actual Plan

Asset Returns

Expected Plan

Asset Returns

(In percentages)

2025

7.8

5.3

  Table 3a

Adjusted Tax Rate - Reconciliation of a Non-GAAP Measure - Unaudited

Estimated

Actual

2026

2025

(In percentages)

U.S. GAAP annual effective tax rate

16

7

Discrete quarterly recognition of GAAP items(1)

(6

)

17

Tax impact of other charges and adjustments(2)

1

(12

)

Utilization of foreign tax credits

(1

)

—

Changes in valuation allowances, excluding impact of other charges and adjustments(3)

(3

)

(12

)

Other, includes effect of discrete current year transactions(4)

1

8

Adjusted tax rate

8

8

______________________________

Note: As part of the year-end reconciliation, we will update the reconciliation of the GAAP effective tax rate for actual results.

(1)

Such as changes in tax laws (including U.S. tax reform), deferred taxes on outside basis differences, changes in uncertain tax positions and prior year audit adjustments.

(2)

Reflects the tax impact on pre-tax adjustments presented in Certain Items (Table 8), which are excluded from pre-tax income for adjusted earnings per share purposes.

(3)

Reflects changes in valuation allowances related to changes in judgment regarding the realizability of deferred tax assets or current year operations, excluding other charges and adjustments.

(4)

Includes tax impacts related to full-year actual tax opportunities and related costs, as well as current year realization of U.S. GAAP benefits deferred in prior years.

    Table 4

Net Sales by Segment - Unaudited

Q1 '26

2025

Q4 '25

Q3 '25

Q2 '25

Q1 '25

(In $ millions)

Engineered Materials

1,325

5,390

1,277

1,384

1,442

1,287

Acetyl Chain

1,036

4,232

940

1,061

1,115

1,116

Intersegment eliminations(1)

(24

)

(78

)

(13

)

(26

)

(25

)

(14

)

Net sales

2,337

9,544

2,204

2,419

2,532

2,389

  Table 4a

Factors Affecting Segment Net Sales Sequentially - Unaudited

Three Months Ended March 31, 2026 Compared to Three Months Ended December 31, 2025

Volume

Price

Currency

Total

(In percentages)

Engineered Materials

3

—

1

4

Acetyl Chain

8

1

1

10

Total Company

5

—

1

6

Three Months Ended December 31, 2025 Compared to Three Months Ended September 30, 2025

Volume

Price

Currency

Total

(In percentages)

Engineered Materials

(6

)

(2

)

—

(8

)

Acetyl Chain

(10

)

(1

)

—

(11

)

Total Company

(7

)

(2

)

—

(9

)

Three Months Ended September 30, 2025 Compared to Three Months Ended June 30, 2025

Volume

Price

Currency

Total

(In percentages)

Engineered Materials

(6

)

1

1

(4

)

Acetyl Chain

(2

)

(4

)

1

(5

)

Total Company

(4

)

(1

)

1

(4

)

Three Months Ended June 30, 2025 Compared to Three Months Ended March 31, 2025

Volume

Price

Currency

Total

(In percentages)

Engineered Materials

9

—

3

12

Acetyl Chain

(1

)

(2

)

3

—

Total Company

4

(1

)

3

6

Three Months Ended March 31, 2025 Compared to Three Months Ended December 31, 2024

Volume

Price

Currency

Total

(In percentages)

Engineered Materials

—

2

(1

)

1

Acetyl Chain

3

(1

)

(1

)

1

Total Company

2

—

(1

)

1

  Table 4b

Factors Affecting Segment Net Sales Year Over Year - Unaudited

Three Months Ended March 31, 2026 Compared to Three Months Ended March 31, 2025

Volume

Price

Currency

Total

(In percentages)

Engineered Materials

—

(1

)

4

3

Acetyl Chain

(7

)

(4

)

4

(7

)

Total Company

(3

)

(3

)

4

(2

)

Three Months Ended December 31, 2025 Compared to Three Months Ended December 31, 2024

Volume

Price

Currency

Total

(In percentages)

Engineered Materials

(2

)

—

3

1

Acetyl Chain

(10

)

(7

)

2

(15

)

Total Company

(6

)

(3

)

2

(7

)

Three Months Ended September 30, 2025 Compared to Three Months Ended September 30, 2024

Volume

Price

Currency

Total

(In percentages)

Engineered Materials

(8

)

(1

)

2

(7

)

Acetyl Chain

(4

)

(8

)

1

(11

)

Total Company

(6

)

(4

)

1

(9

)

Three Months Ended June 30, 2025 Compared to Three Months Ended June 30, 2024

Volume

Price

Currency

Total

(In percentages)

Engineered Materials

(3

)

(1

)

2

(2

)

Acetyl Chain

(2

)

(7

)

2

(7

)

Total Company

(2

)

(4

)

2

(4

)

Three Months Ended March 31, 2025 Compared to Three Months Ended March 31, 2024

Volume

Price

Currency

Total

(In percentages)

Engineered Materials

(4

)

(2

)

(1

)

(7

)

Acetyl Chain

(6

)

(4

)

(1

)

(11

)

Total Company

(5

)

(3

)

(1

)

(9

)

  Table 4c

Factors Affecting Segment Net Sales Year Over Year - Unaudited

Year Ended December 31, 2025 Compared to Year Ended December 31, 2024

Volume

Price

Currency

Total

(In percentages)

Engineered Materials

(4

)

(1

)

1

(4

)

Acetyl Chain

(6

)

(6

)

1

(11

)

Total Company

(4

)

(4

)

1

(7

)

    Table 5

Free Cash Flow - Reconciliation of a Non-GAAP Measure - Unaudited

Q1 '26

2025

Q4 '25

Q3 '25

Q2 '25

Q1 '25

(In $ millions, except percentages)

Net cash provided by (used in) investing activities

425

(349

)

(104

)

(59

)

(88

)

(98

)

Net cash provided by (used in) financing activities

(3

)

(513

)

(324

)

(118

)

(116

)

45

Net cash provided by (used in) operating activities

76

1,146

252

447

410

37

Capital expenditures on property, plant and equipment

(66

)

(343

)

(84

)

(64

)

(93

)

(102

)

Contributions from/(Distributions) to NCI

(7

)

(30

)

(8

)

(8

)

(6

)

(8

)

Free cash flow(1)

3

773

160

375

311

(73

)

Net sales

2,337

9,544

2,204

2,419

2,532

2,389

Free cash flow as % of Net sales

0.1

%

8.1

%

7.3

%

15.5

%

12.3

%

(3.1

)%

    Table 6

Cash Dividends Received - Unaudited

Q1 '26

2025

Q4 '25

Q3 '25

Q2 '25

Q1 '25

(In $ millions)

Dividends from equity method investments

54

139

47

40

21

31

Dividends from equity investments without readily determinable fair values

1

122

40

40

41

1

Total

55

261

87

80

62

32

    Table 7

Net Debt - Reconciliation of a Non-GAAP Measure - Unaudited

Q1 '26

2025

Q4 '25

Q3 '25

Q2 '25

Q1 '25

(In $ millions)

Short-term borrowings and current installments of long-term debt - third party and affiliates

1,741

1,204

1,204

1,199

252

406

Long-term debt, net of unamortized deferred financing costs

10,813

11,394

11,394

11,655

12,689

12,378

Total debt

12,554

12,598

12,598

12,854

12,941

12,784

Cash and cash equivalents

(1,758

)

(1,263

)

(1,263

)

(1,440

)

(1,173

)

(951

)

Net debt

10,796

11,335

11,335

11,414

11,768

11,833

    Table 8

Certain Items - Unaudited

The following Certain Items attributable to Celanese Corporation are included in Net earnings (loss) and are adjustments to non-GAAP measures:

Q1 '26

2025

Q4 '25

Q3 '25

Q2 '25

Q1 '25

Income Statement Classification

(In $ millions)

Exit and shutdown costs

44

98

29

10

27

32

Cost of sales / SG&A / Other (charges) gains, net / Gain (loss) on disposition of businesses and assets, net / Non-operating pension and other postretirement employee benefit (expense) income

Asset impairments

—

1,513

27

(1)

1,486

(2)

—

—

Cost of sales / Other (charges) gains, net

Impact from plant incidents and natural disasters

11

3

—

—

—

3

Cost of sales

Mergers, acquisitions and dispositions

15

52

23

12

12

5

Cost of sales / SG&A

Actuarial (gain) loss on pension and postretirement plans

—

(49

)

(49

)

—

—

—

Cost of sales / SG&A / Non-operating pension and other postretirement employee benefit (expense) income

Legal settlements and commercial disputes

3

17

1

11

2

3

Cost of sales / SG&A / Other (charges) gains, net

(Gain) loss on disposition of businesses and assets

(50

)

—

—

—

—

—

Gain (loss) on disposition of businesses and assets, net

Other

—

5

3

1

1

—

Cost of sales / SG&A

Certain Items attributable to Celanese Corporation

23

1,639

34

1,520

42

43

    Table 9

Return on Invested Capital (Adjusted) - Presentation of a Non-GAAP Measure - Unaudited

2025

(In $ millions,

except percentages)

Net earnings (loss) attributable to Celanese Corporation

(1,165

)

Adjusted EBIT (Table 1)

1,150

Adjusted effective tax rate (Table 3a)

8

%

Adjusted EBIT tax effected

1,058

2025

2024

Average

(In $ millions, except percentages)

Short-term borrowings and current installments of long-term debt - third parties and affiliates

1,204

1,501

1,353

Long-term debt, net of unamortized deferred financing costs

11,394

11,078

11,236

Celanese Corporation shareholders' equity

4,049

5,129

4,589

Invested capital

17,178

Return on invested capital (adjusted)

6.2

%

Net earnings (loss) attributable to Celanese Corporation as a percentage of invested capital

(6.8

)%

   

Celanese (CE - Free Report) reported $2.34 billion in revenue for the quarter ended March 2026, representing a year-over-year decline of 2.2%. EPS of $0.85 for the same period compares to $0.57 a year ago.

The reported revenue represents a surprise of +3.19% over the Zacks Consensus Estimate of $2.26 billion. With the consensus EPS estimate being $0.88, the EPS surprise was -3.41%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Celanese performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Volume - Acetyl Chain: -7% compared to the -7% average estimate based on two analysts.Volume - Engineered Materials: 3% versus the two-analyst average estimate of 3.2%.Price - Acetyl Chain: -4% versus the two-analyst average estimate of -4.8%.Net Sales- Acetyl Chain: $1.04 billion compared to the $996.49 million average estimate based on two analysts. The reported number represents a change of -7.2% year over year.Net Sales- Intersegment Eliminations: $-24 million compared to the $-15.12 million average estimate based on two analysts. The reported number represents a change of +71.4% year over year.Net Sales- Engineered Materials: $1.33 billion versus $1.27 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +3% change.Operating EBITDA- Acetyl Chain: $194 million versus $178.05 million estimated by two analysts on average.Operating EBITDA- Other Activities: $-63 million versus the two-analyst average estimate of $-59.64 million.Operating EBITDA- Engineered Materials: $324 million versus $322.04 million estimated by two analysts on average.View all Key Company Metrics for Celanese here>>>

Shares of Celanese have returned +7.8% over the past month versus the Zacks S&P 500 composite's +9.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Celanese Corporation (CE) Q1 2026 Earnings Call Transcript

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DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced a price increase for a range of engineered materials products in response to various factors, including recent market developments and global supply chain disruptions.

Celanese Announces Engineered Materials Price Increase

Share Despite these dynamic conditions, Celanese remains well positioned to support its customers via its regional supply chain and manufacturing sites, as well as its technology and innovation centers.

The price increases will be effective June 1, 2026, or as contracts otherwise allow. Additionally, individual grades may be subject to higher increases than specified below.

Base Resin

Brand / Material Type

Price Increase

Asia
($/kg)

Americas
($/lb)

EMEA
(€/kg)

UHMW-PE

GUR®

0.20

0.15

0.30

PA 6

Zytel®, Frianyl®, Celanyl®, Minlon®, CoolPoly® and Ecomid® PA6 products

-

-

0.35

PBT/PET

Crastin® and Celanex® products

-

-

0.25

Rynite®

-

-

0.20

TPV

Santoprene®

0.30

0.10

0.30

TPC

Hytrel & Bexloy & Neolast

0.20

0.10

0.15

PP

Celstran®

Tecnoprene®, Talcoprene®, Polifor® and Omnipro®

-

0.10

0.35

Hi Temp
Nylon (PPA)

Zytel® HTN Flame retardants grades

0.60

0.27

0.60

About Celanese

Celanese is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We support sustainability by responsibly managing the materials we create and growing our portfolio of sustainable products to meet customer and societal demand. We strive to make a positive impact in our communities and to foster inclusivity across our teams. Celanese Corporation is a Fortune 500 company that employs more than 11,000 employees worldwide with 2025 net sales of $9.5 billion.

-

Company announces closure of Ulsan, South Korea facility to advance ‘Grow & Fortify’ strategy

DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, today announced a critical production network optimization step in support of the ‘Grow & Fortify’ strategy of its Engineered Materials business. Over the past several years, Celanese has taken significant measures to ensure reliability of supply by investing in world-class compounding assets globally and by working to provide its customers with engineered materials products of superior quality, performance and reliability.

Celanese to Optimize Engineered Materials Compounding Footprint in Asia Region

Share Today’s network optimization announcement will result in the closure of the Company’s Engineered Materials compounding facility in Ulsan, South Korea. Celanese is planning to cease all manufacturing and production operations at the Ulsan facility immediately. The Company intends to fully support its customers to fulfill all contractual obligations and ensure a smooth transition of production and compounding activities to other Celanese manufacturing locations in the region.

The production volumes from the Ulsan facility will be transferred to the Company’s Nanjing and Shenzhen plants in China, and to its plant in Silvassa, India. Celanese is undertaking these actions to fortify the operating structure of its Engineered Materials business, while optimizing the company’s cost and manufacturing production footprint to leverage its world-class compounding assets in Shenzhen, Nanjing and Silvassa. These actions are also expected to strengthen the Company’s regional supply chain network.

Celanese products such as PET (Polyethylene Terephthalate), PA (Polyamide), PBT (Polybutylene Terephthalate) and HTN (High-Temperature Nylon) are critical to driving industry and regional growth. The broader Asia region represents opportunities for expansion, and Celanese is building manufacturing and compounding capabilities close to its customer base to better meet this growing demand.

About Celanese

Celanese is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We support sustainability by responsibly managing the materials we create and growing our portfolio of sustainable products to meet customer and societal demand. We strive to make a positive impact in our communities and to foster inclusivity across our teams. Celanese Corporation is a Fortune 500 company that employs approximately 11,000 employees worldwide with 2025 net sales of $9.5 billion.

Forward Looking Statements

This release may contain “forward-looking statements,” which include information concerning the Company’s plans, objectives, goals, strategies, future revenues, cash flow, operations, supply chains, financial condition and other information that is not historical information. When used in this release, the words “expects,” “anticipates,” “plans,” “intends,” “believes,” “will,” and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements are based upon current expectations and beliefs and various assumptions. There can be no assurance that the Company will realize these expectations or that these beliefs will prove correct. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements contained in this release. Numerous factors, many of which are beyond the Company’s control, could cause actual results to differ materially from those expressed as forward-looking statements. These factors include those that are discussed in the Company’s filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made, and the Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances.

More News From Celanese Corporation

Back to Newsroom

DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, today announced that Aisan Industry Kentucky, LLC., the consolidated subsidiary of Japan-based Aisan Industry Co., Ltd., has adopted a Celanese polyacetal resin (POM) made from captured CO2 for fuel pump modules produced for a North American automaker. This milestone reflects continued momentum for Celanese Carbon Capture and Utilization (CCU) POM in automotive applications.

Aisan adopts Celanese POM ECO-C for fuel pump modules supplied to a North American automaker

Share Celanese uses CCU-based chemical building blocks to turn CO2 emissions into high performance POM polymer that offers both reduced product carbon footprint (PCF) as well as a high percentage of circular content. POM ECO-C solutions are drop-in choices that enable Aisan to offer more sustainable components without sacrificing performance and helps automakers work towards sustainability goals with solutions that are both practical and impactful.

“Celanese can uniquely turn waste CO2 into a high performance polymer, helping customers meet sustainability goals,” said Todd Elliott, Senior Vice President, Celanese Engineered Materials. “POM ECO-C turns technology into practical solutions while maintaining performance and quality, and without requiring changes to existing designs or production processes.”

Celanese continues to advance materials and technologies that help reduce environmental impact and support progress toward carbon neutrality and more sustainable manufacturing. Its mass-balance based CCU platform is especially significant in supporting both ends of the integrated Celanese value chain by providing low-carbon feedstocks for ECO-C products across the Acetyl Chain and Engineered Materials businesses for customers seeking more sustainable solutions.

To learn more about Celanese sustainable product offerings, visit https://www.celanese.com/sustainability-offerings or explore detailed product information on https://askchemille.com.

About Celanese

Celanese is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We support sustainability by responsibly managing the materials we create and growing our portfolio of sustainable products to meet customer and societal demand. We strive to make a positive impact in our communities and to foster inclusivity across our teams. Celanese Corporation is a Fortune 500 company that employs more than 11,000 employees worldwide with 2025 net sales of $9.5 billion.

Forward-Looking Statements

This release may contain “forward-looking statements,” which include information concerning Celanese’s plans, objectives, goals, strategies, financial condition, and other information that is not historical information. When used in this release, the words “projects,” “expects,” “anticipates,” “plans,” “intends,” “believes,” “will,” and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements are based upon current expectations and beliefs and various assumptions. There can be no assurance that Celanese will realize these expectations or that these beliefs will prove correct. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements contained in this release. Numerous factors, many of which are beyond Celanese’s control, could cause actual results to differ materially from those expressed as forward-looking statements. These factors include those that are discussed in Celanese’s filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made, and Celanese undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances.

On June 08, 2026, Celanese Corp CE shares fell 3.8% to $49.08. This decline comes amid a broader trend, with the stock down 14.2% over the past month and 11.3% over the past year. The shares have traded within a 52-week range of $35.13 to $70.70.

GF Value™ verdict: Current price of $49.08 vs GF Value™ of $69.77 indicates the stock is 29.7% undervalued.GF Score™: 69/100, which is considered above average.Most notable signal: No insider transactions in the last 3 months. Is CE Overvalued or Undervalued? The current price of Celanese Corp CE at $49.08 is significantly lower than its GF Value™ estimate of $69.77, indicating that the stock is undervalued by 29.7%. This suggests a potential opportunity for investors looking for stocks with a margin of safety. However, it is important to note that the GF Valuation label indicates a "Possible Value Trap," advising caution. This means while the stock appears undervalued based on intrinsic value calculations, there may be underlying issues that could hinder performance going forward.

GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. For investors, the disparity between the current price and GF Value™ may signal a buying opportunity, albeit with the caveat of considering the company's financial indicators and market conditions.

How Does CE's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 8.0x 7.5x Currently, Celanese Corp is trading at a forward P/E of 8.0x, which is above its 5-year median P/E of 7.5x. This indicates that CE is trading at a higher valuation compared to its historical averages. This P/E analysis agrees with the GF Value™ verdict of being undervalued, but it also raises questions about whether the stock's recent price drop reflects broader market concerns or company-specific challenges.

What Does CE's GF Score™ Tell Us? Metric Rating GF Score™ 69 Financial Strength 4/10 Profitability 7/10 Growth 4/10 Valuation 8/10 Momentum 3/10 The GF Score™ of 69/100 indicates that Celanese Corp is positioned above average compared to its peers. The strongest area is its Valuation rank at 8/10, suggesting it is relatively attractively priced. However, the Financial Strength rank of 4/10 and a Momentum rank of 3/10 highlight potential weaknesses, indicating that while the stock may be undervalued, its financial stability and momentum are not as strong, warranting further scrutiny.

What Are Insiders Doing with CE Stock? There have been no insider transactions in the last 3 months for Celanese Corp. This lack of insider activity may suggest that executives are either confident in the current stock price or are waiting for more favorable conditions before making any trades. Typically, insider buying would signal confidence in the company's future prospects, while selling could indicate a lack of confidence or a need for liquidity.

What This Means for Investors Based on the GF Value™ assessment, Celanese Corp CE is currently undervalued. While this presents a potential opportunity, investors should consider the broader context, including financial strength and market conditions, before making decisions.

For the complete analysis, visit the Celanese Corp CE stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is CE's GF Score™?

CE's GF Score™ is 69/100, indicating that the stock ranks above average compared to its peers based on key financial metrics.

Is CE overvalued or undervalued?

CE is considered undervalued with a current price of $49.08 compared to its GF Value™ of $69.77, suggesting a significant margin of safety.

What is CE's P/E ratio?

CE's forward P/E ratio is 8.0x, which is above its 5-year median P/E of 7.5x, indicating that the stock is trading at a higher valuation compared to its historical averages.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Posted by Defense World Staff on Apr 16th, 2026

Austin Wealth Management LLC lifted its holdings in Texas Pacific Land Corporation (NYSE:TPL – Free Report) by 200.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 2,967 shares of the financial services provider’s stock after buying an additional 1,978 shares during the quarter. Austin Wealth Management LLC’s holdings in Texas Pacific Land were worth $899,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Citizens Financial Group Inc. RI lifted its position in shares of Texas Pacific Land by 1.7% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 704 shares of the financial services provider’s stock worth $657,000 after buying an additional 12 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Texas Pacific Land by 21.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 68 shares of the financial services provider’s stock worth $72,000 after buying an additional 12 shares during the last quarter. PFG Investments LLC lifted its position in shares of Texas Pacific Land by 3.6% in the 3rd quarter. PFG Investments LLC now owns 373 shares of the financial services provider’s stock worth $348,000 after buying an additional 13 shares during the last quarter. Truist Financial Corp lifted its position in shares of Texas Pacific Land by 0.6% in the 3rd quarter. Truist Financial Corp now owns 2,195 shares of the financial services provider’s stock worth $2,050,000 after buying an additional 14 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its position in shares of Texas Pacific Land by 9.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 168 shares of the financial services provider’s stock worth $160,000 after buying an additional 14 shares during the last quarter. 59.94% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades TPL has been the topic of several recent research reports. Wall Street Zen upgraded shares of Texas Pacific Land from a “sell” rating to a “hold” rating in a research report on Sunday, March 15th. Weiss Ratings reiterated a “hold (c)” rating on shares of Texas Pacific Land in a research report on Friday, March 27th. Finally, KeyCorp lifted their price objective on shares of Texas Pacific Land from $350.00 to $639.00 and gave the company an “overweight” rating in a research report on Monday, February 23rd. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $639.00.

Read Our Latest Stock Analysis on Texas Pacific Land

Texas Pacific Land Stock Up 1.3% Shares of NYSE:TPL opened at $417.48 on Thursday. The company has a market cap of $28.78 billion, a PE ratio of 59.84 and a beta of 0.76. The company’s 50-day moving average price is $476.29 and its 200 day moving average price is $368.78. Texas Pacific Land Corporation has a fifty-two week low of $269.23 and a fifty-two week high of $547.20.

Texas Pacific Land (NYSE:TPL – Get Free Report) last issued its quarterly earnings data on Wednesday, February 18th. The financial services provider reported $1.79 earnings per share for the quarter, beating the consensus estimate of $1.73 by $0.06. The firm had revenue of $211.60 million for the quarter, compared to the consensus estimate of $204.00 million. Texas Pacific Land had a net margin of 60.31% and a return on equity of 36.18%.

Texas Pacific Land Increases Dividend The business also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Monday, March 2nd. This is a positive change from Texas Pacific Land’s previous quarterly dividend of $0.53. Texas Pacific Land’s dividend payout ratio is 34.38%.

Insider Activity In other Texas Pacific Land news, CAO Stephanie Buffington sold 1,608 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $503.00, for a total transaction of $808,824.00. Following the transaction, the chief accounting officer owned 2,133 shares of the company’s stock, valued at approximately $1,072,899. This trade represents a 42.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Donna E. Epps bought 895 shares of the stock in a transaction on Wednesday, February 25th. The shares were bought at an average cost of $510.45 per share, for a total transaction of $456,852.75. Following the purchase, the director owned 2,921 shares in the company, valued at $1,491,024.45. This trade represents a 44.18% increase in their position. The SEC filing for this purchase provides additional information. 6.90% of the stock is currently owned by company insiders.

Texas Pacific Land Company Profile (Free Report)

Texas Pacific Land Corporation (NYSE: TPL) is a Texas-based land management company that derives revenue from the ownership and stewardship of large tracts of land and associated mineral rights in West Texas. The company’s origins trace to 19th century land grants associated with the Texas and Pacific Railway; over time those grant holdings have been retained and managed as a standalone corporate asset base. Texas Pacific Land is publicly listed and operates as a landowner and resource manager rather than as a traditional oil and gas producer.

The company’s primary activities include management of surface rights and leasing of land for energy and other commercial uses, administration of mineral royalty interests, and provision of water and related services to industrial customers.

Read More Five stocks we like better than Texas Pacific Land

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Posted by Defense World Staff on Apr 22nd, 2026

Cortland Associates Inc. MO grew its holdings in Texas Pacific Land Corporation (NYSE:TPL – Free Report) by 191.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 43,157 shares of the financial services provider’s stock after purchasing an additional 28,354 shares during the period. Texas Pacific Land makes up about 1.6% of Cortland Associates Inc. MO’s portfolio, making the stock its 21st biggest position. Cortland Associates Inc. MO owned about 0.06% of Texas Pacific Land worth $12,396,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB increased its stake in shares of Texas Pacific Land by 363.2% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 88 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 69 shares during the last quarter. Quarry LP bought a new stake in Texas Pacific Land during the 3rd quarter worth $29,000. CX Institutional bought a new stake in Texas Pacific Land during the 3rd quarter worth $30,000. Eagle Bay Advisors LLC bought a new stake in Texas Pacific Land during the 4th quarter worth $31,000. Finally, Silicon Valley Capital Partners bought a new stake in Texas Pacific Land during the 3rd quarter worth $33,000. Institutional investors own 59.94% of the company’s stock.

Insider Transactions at Texas Pacific Land In other Texas Pacific Land news, CAO Stephanie Buffington sold 1,608 shares of the company’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $503.00, for a total value of $808,824.00. Following the sale, the chief accounting officer owned 2,133 shares in the company, valued at approximately $1,072,899. The trade was a 42.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Donna E. Epps purchased 895 shares of Texas Pacific Land stock in a transaction on Wednesday, February 25th. The stock was bought at an average price of $510.45 per share, for a total transaction of $456,852.75. Following the transaction, the director directly owned 2,921 shares in the company, valued at approximately $1,491,024.45. The trade was a 44.18% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 6.90% of the company’s stock.

Analyst Ratings Changes A number of equities research analysts recently weighed in on TPL shares. Wall Street Zen upgraded Texas Pacific Land from a “sell” rating to a “hold” rating in a research report on Sunday, March 15th. Zacks Research upgraded Texas Pacific Land from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 16th. KeyCorp boosted their price objective on Texas Pacific Land from $350.00 to $639.00 and gave the stock an “overweight” rating in a research report on Monday, February 23rd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Texas Pacific Land in a research report on Friday, March 27th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Texas Pacific Land currently has an average rating of “Moderate Buy” and a consensus target price of $639.00.

View Our Latest Research Report on Texas Pacific Land

Texas Pacific Land Stock Up 0.9% Shares of TPL stock opened at $438.78 on Wednesday. The firm has a market capitalization of $30.25 billion, a P/E ratio of 62.89 and a beta of 0.76. Texas Pacific Land Corporation has a twelve month low of $269.23 and a twelve month high of $547.20. The stock’s fifty day simple moving average is $481.00 and its 200 day simple moving average is $372.43.

Texas Pacific Land (NYSE:TPL – Get Free Report) last released its quarterly earnings results on Wednesday, February 18th. The financial services provider reported $1.79 EPS for the quarter, beating analysts’ consensus estimates of $1.73 by $0.06. Texas Pacific Land had a return on equity of 36.18% and a net margin of 60.31%.The firm had revenue of $211.60 million for the quarter, compared to analyst estimates of $204.00 million. As a group, equities research analysts expect that Texas Pacific Land Corporation will post 9.27 EPS for the current fiscal year.

Texas Pacific Land Increases Dividend The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were given a $0.60 dividend. This is a boost from Texas Pacific Land’s previous quarterly dividend of $0.53. The ex-dividend date was Monday, March 2nd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 0.5%. Texas Pacific Land’s dividend payout ratio is presently 34.38%.

About Texas Pacific Land (Free Report)

Texas Pacific Land Corporation (NYSE: TPL) is a Texas-based land management company that derives revenue from the ownership and stewardship of large tracts of land and associated mineral rights in West Texas. The company’s origins trace to 19th century land grants associated with the Texas and Pacific Railway; over time those grant holdings have been retained and managed as a standalone corporate asset base. Texas Pacific Land is publicly listed and operates as a landowner and resource manager rather than as a traditional oil and gas producer.

The company’s primary activities include management of surface rights and leasing of land for energy and other commercial uses, administration of mineral royalty interests, and provision of water and related services to industrial customers.

See Also Five stocks we like better than Texas Pacific Land Want to see what other hedge funds are holding TPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Texas Pacific Land Corporation (NYSE:TPL – Free Report).

Receive News & Ratings for Texas Pacific Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Pacific Land and related companies with MarketBeat.com's FREE daily email newsletter.

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Posted by Defense World Staff on Apr 24th, 2026

Confluence Wealth Services Inc. increased its holdings in shares of Texas Pacific Land Corporation (NYSE:TPL – Free Report) by 220.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,837 shares of the financial services provider’s stock after acquiring an additional 3,329 shares during the period. Confluence Wealth Services Inc.’s holdings in Texas Pacific Land were worth $1,389,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. MassMutual Private Wealth & Trust FSB boosted its stake in Texas Pacific Land by 363.2% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 88 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 69 shares in the last quarter. Quarry LP bought a new stake in Texas Pacific Land during the third quarter worth about $29,000. CX Institutional bought a new stake in Texas Pacific Land during the third quarter worth about $30,000. Eagle Bay Advisors LLC bought a new stake in Texas Pacific Land during the fourth quarter worth about $31,000. Finally, Silicon Valley Capital Partners bought a new stake in Texas Pacific Land during the third quarter worth about $33,000. Institutional investors own 59.94% of the company’s stock.

Texas Pacific Land Stock Performance Shares of Texas Pacific Land stock opened at $439.87 on Friday. The stock has a market capitalization of $30.32 billion, a PE ratio of 63.05 and a beta of 0.76. Texas Pacific Land Corporation has a 52-week low of $269.23 and a 52-week high of $547.20. The company has a 50-day simple moving average of $482.07 and a two-hundred day simple moving average of $373.36.

Texas Pacific Land (NYSE:TPL – Get Free Report) last issued its earnings results on Wednesday, February 18th. The financial services provider reported $1.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $0.06. The business had revenue of $211.60 million during the quarter, compared to analysts’ expectations of $204.00 million. Texas Pacific Land had a net margin of 60.31% and a return on equity of 36.18%. As a group, equities research analysts forecast that Texas Pacific Land Corporation will post 9.27 EPS for the current fiscal year.

Texas Pacific Land Increases Dividend The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 0.5%. This is a boost from Texas Pacific Land’s previous quarterly dividend of $0.53. The ex-dividend date of this dividend was Monday, March 2nd. Texas Pacific Land’s dividend payout ratio is presently 34.38%.

Insider Activity In other news, CAO Stephanie Buffington sold 1,608 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $503.00, for a total transaction of $808,824.00. Following the completion of the transaction, the chief accounting officer directly owned 2,133 shares of the company’s stock, valued at $1,072,899. The trade was a 42.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Donna E. Epps acquired 895 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The shares were bought at an average cost of $510.45 per share, with a total value of $456,852.75. Following the completion of the acquisition, the director directly owned 2,921 shares of the company’s stock, valued at $1,491,024.45. The trade was a 44.18% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 6.90% of the stock is currently owned by insiders.

Analysts Set New Price Targets Several equities research analysts recently commented on the stock. Zacks Research raised shares of Texas Pacific Land from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 16th. Wall Street Zen raised shares of Texas Pacific Land from a “sell” rating to a “hold” rating in a research note on Sunday, March 15th. Weiss Ratings reissued a “hold (c)” rating on shares of Texas Pacific Land in a research note on Friday, March 27th. Finally, KeyCorp lifted their target price on shares of Texas Pacific Land from $350.00 to $639.00 and gave the stock an “overweight” rating in a report on Monday, February 23rd. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Texas Pacific Land has an average rating of “Moderate Buy” and an average price target of $639.00.

Get Our Latest Analysis on Texas Pacific Land

Texas Pacific Land Profile (Free Report)

Texas Pacific Land Corporation (NYSE: TPL) is a Texas-based land management company that derives revenue from the ownership and stewardship of large tracts of land and associated mineral rights in West Texas. The company’s origins trace to 19th century land grants associated with the Texas and Pacific Railway; over time those grant holdings have been retained and managed as a standalone corporate asset base. Texas Pacific Land is publicly listed and operates as a landowner and resource manager rather than as a traditional oil and gas producer.

The company’s primary activities include management of surface rights and leasing of land for energy and other commercial uses, administration of mineral royalty interests, and provision of water and related services to industrial customers.

Featured Articles Five stocks we like better than Texas Pacific Land Want to see what other hedge funds are holding TPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Texas Pacific Land Corporation (NYSE:TPL – Free Report).

Receive News & Ratings for Texas Pacific Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Pacific Land and related companies with MarketBeat.com's FREE daily email newsletter.

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Posted by Defense World Staff on Apr 27th, 2026

B. Metzler seel. Sohn & Co. AG grew its holdings in Texas Pacific Land Corporation (NYSE:TPL – Free Report) by 219.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,499 shares of the financial services provider’s stock after purchasing an additional 1,717 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Texas Pacific Land were worth $718,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in Texas Pacific Land by 7.9% in the third quarter. Vanguard Group Inc. now owns 2,581,228 shares of the financial services provider’s stock worth $2,409,938,000 after purchasing an additional 189,842 shares in the last quarter. State Street Corp boosted its stake in Texas Pacific Land by 1.9% in the third quarter. State Street Corp now owns 1,169,299 shares of the financial services provider’s stock worth $1,091,704,000 after purchasing an additional 22,296 shares in the last quarter. Invesco Ltd. boosted its stake in Texas Pacific Land by 3.4% in the third quarter. Invesco Ltd. now owns 283,910 shares of the financial services provider’s stock worth $265,070,000 after purchasing an additional 9,389 shares in the last quarter. York GP Ltd. boosted its stake in Texas Pacific Land by 195.1% in the fourth quarter. York GP Ltd. now owns 270,600 shares of the financial services provider’s stock worth $77,722,000 after purchasing an additional 178,900 shares in the last quarter. Finally, Pacific Heights Asset Management LLC boosted its stake in Texas Pacific Land by 12.1% in the third quarter. Pacific Heights Asset Management LLC now owns 185,000 shares of the financial services provider’s stock worth $172,723,000 after purchasing an additional 20,000 shares in the last quarter. Institutional investors and hedge funds own 59.94% of the company’s stock.

Texas Pacific Land Stock Down 0.0% Shares of TPL opened at $438.78 on Monday. Texas Pacific Land Corporation has a 12-month low of $269.23 and a 12-month high of $547.20. The firm has a market capitalization of $30.25 billion, a PE ratio of 62.89 and a beta of 0.76. The stock’s fifty day simple moving average is $482.20 and its 200-day simple moving average is $374.93.

Texas Pacific Land (NYSE:TPL – Get Free Report) last issued its quarterly earnings results on Wednesday, February 18th. The financial services provider reported $1.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.73 by $0.06. Texas Pacific Land had a return on equity of 36.18% and a net margin of 60.31%.The business had revenue of $211.60 million for the quarter, compared to analyst estimates of $204.00 million. Analysts anticipate that Texas Pacific Land Corporation will post 9.27 EPS for the current year.

Texas Pacific Land Increases Dividend The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 0.5%. This is a boost from Texas Pacific Land’s previous quarterly dividend of $0.53. The ex-dividend date of this dividend was Monday, March 2nd. Texas Pacific Land’s payout ratio is currently 34.38%.

Insider Buying and Selling at Texas Pacific Land In other news, CAO Stephanie Buffington sold 1,608 shares of the company’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $503.00, for a total transaction of $808,824.00. Following the transaction, the chief accounting officer owned 2,133 shares of the company’s stock, valued at $1,072,899. This represents a 42.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Donna E. Epps purchased 895 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were purchased at an average cost of $510.45 per share, for a total transaction of $456,852.75. Following the purchase, the director directly owned 2,921 shares of the company’s stock, valued at $1,491,024.45. This trade represents a 44.18% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 6.90% of the company’s stock.

Analyst Upgrades and Downgrades A number of research firms have commented on TPL. Weiss Ratings reissued a “hold (c)” rating on shares of Texas Pacific Land in a research note on Friday, March 27th. KeyCorp boosted their price objective on Texas Pacific Land from $350.00 to $639.00 and gave the stock an “overweight” rating in a research note on Monday, February 23rd. Zacks Research raised Texas Pacific Land from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 16th. Finally, Wall Street Zen raised Texas Pacific Land from a “sell” rating to a “hold” rating in a research note on Sunday, March 15th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Texas Pacific Land has a consensus rating of “Moderate Buy” and a consensus target price of $639.00.

Check Out Our Latest Analysis on TPL

Texas Pacific Land Company Profile (Free Report)

Texas Pacific Land Corporation (NYSE: TPL) is a Texas-based land management company that derives revenue from the ownership and stewardship of large tracts of land and associated mineral rights in West Texas. The company’s origins trace to 19th century land grants associated with the Texas and Pacific Railway; over time those grant holdings have been retained and managed as a standalone corporate asset base. Texas Pacific Land is publicly listed and operates as a landowner and resource manager rather than as a traditional oil and gas producer.

The company’s primary activities include management of surface rights and leasing of land for energy and other commercial uses, administration of mineral royalty interests, and provision of water and related services to industrial customers.

Featured Stories Five stocks we like better than Texas Pacific Land Want to see what other hedge funds are holding TPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Texas Pacific Land Corporation (NYSE:TPL – Free Report).

Receive News & Ratings for Texas Pacific Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Pacific Land and related companies with MarketBeat.com's FREE daily email newsletter.

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Wall Street expects a year-over-year decline in earnings on lower revenues when XPLR Infrastructure (XIFR - Free Report) reports results for the quarter ended March 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 7. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis limited partnership for clean-energy projects is expected to post quarterly loss of $0.60 per share in its upcoming report, which represents a year-over-year change of -155.6%.

Revenues are expected to be $264.35 million, down 6.3% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 27.27% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for XPLR Infrastructure?For XPLR Infrastructure, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination makes it difficult to conclusively predict that XPLR Infrastructure will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that XPLR Infrastructure would post a loss of$0.78 per share when it actually produced earnings of $0.30, delivering a surprise of +138.46%.

Over the last four quarters, the company has beaten consensus EPS estimates three times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

XPLR Infrastructure doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Expected Results of an Industry PlayerTexas Pacific (TPL - Free Report) , another stock in the Zacks Alternative Energy - Other industry, is expected to report earnings per share of $2.03 for the quarter ended March 2026. This estimate points to a year-over-year change of +16%. Revenues for the quarter are expected to be $242 million, up 23.5% from the year-ago quarter.

The consensus EPS estimate for Texas Pacific has been revised 25.8% higher over the last 30 days to the current level. However, an equal Most Accurate Estimate has resulted in an Earnings ESP of 0.00%.

This Earnings ESP, combined with its Zacks Rank #2 (Buy), makes it difficult to conclusively predict that Texas Pacific will beat the consensus EPS estimate. Over the last four quarters, the company surpassed EPS estimates just once.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (“TPL” or the “Company”) and the Company’s Board of Directors (“Board”) announced today that Peter Doyle has been appointed to the Board.

Mr. Doyle is Co-Founder and Co-Chief Executive Officer of Horizon Kinetics Holding Corporation (OTC: HKHC), which, through various owned subsidiaries, is TPL’s largest shareholder. He is a senior member of the Horizon Kinetics research team and a member of its investment committee and its board of directors. Mr. Doyle is also the President of Kinetics Mutual Funds, Inc., a series of investment companies managed by the Horizon Kinetics, and is a Co-Portfolio Manager for several other registered investment companies, private funds, and separately managed accounts.

Mr. Doyle was also appointed to serve on the strategic acquisitions committee of the Board. Mr. Doyle will stand for re-election at the 2026 Annual Meeting.

Ty Glover, CEO of TPL, said, “I have known Peter for many years as he has long been an engaged and active shareholder on behalf of Horizon Kinetics. Peter understands our business and industry well, and I look forward to his continued engagement and support of the Company now as a director. He will bring excellent expertise and perspective into our boardroom.”

Peter Doyle stated, “This is a bittersweet privilege on the heels of Murray Stahl’s sudden passing. I fully intend on preserving Murray’s legacy and advocating on behalf of Horizon Kinetics and all shareholders, and I will endeavor as the newest director to serve the Board with the utmost dedication and ability. TPL has long been, and will continue to be, a major holding across our investment funds and vehicles, and we remain of the steadfast belief that TPL’s best days are ahead.”

About Texas Pacific Land Corporation

Texas Pacific Land Corporation is one of the largest landowners in the State of Texas with approximately 881,000 acres of land, with the majority of its ownership concentrated in the Permian Basin. The Company is not an oil and gas producer, but its surface and royalty ownership provides revenue opportunities throughout the life cycle of a well. These revenue opportunities include fixed fee payments for use of the Company’s land, revenue for sales of materials (caliche) used in the construction of infrastructure, providing sourced water and/or treated produced water, revenue from the Company’s oil and gas royalty interests, and revenue related to saltwater disposal on the Company’s land. The Company also generates revenue from pipeline, power line and utility easements, commercial leases and temporary permits principally related to a variety of land uses including, but not limited to, midstream infrastructure projects and hydrocarbon processing facilities.

Visit TPL at http://www.TexasPacific.com.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements in this news release are, and certain statements made on the related conference call may be, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are based on TPL’s beliefs, as well as assumptions made by, and information currently available to, TPL, and therefore involve risks and uncertainties that are difficult to predict. Generally, future or conditional verbs such as “will,” “would,” “should,” “could,” or “may” and the words “believe,” “anticipate,” “continue,” “intend,” “expect,” and similar expressions or the negative of such terms identify forward-looking statements. Forward-looking statements include, but are not limited to, references to strategies, plans, objectives, expectations, intentions, assumptions, future operations, and prospects; statements regarding anticipated benefits of recent acquisitions or the Permian Basin’s future drilling inventory and energy resources; and other statements that are not historical facts. You should not place undue reliance on forward-looking statements. Although TPL believes that plans, intentions and expectations reflected in or suggested by any forward-looking statements made herein are reasonable, TPL may be unable to achieve such plans, intentions or expectations and actual results, and performance or achievements may differ materially from those set forth in the forward-looking statements due to a number of factors, including, but not limited to: the initiation or outcome of potential litigation; any changes in general economic and/or industry specific conditions; and the other risks discussed in TPL’s Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. You can access TPL’s filings with the SEC through the SEC’s website at www.sec.gov and TPL strongly encourages you to do so. These forward-looking statements are based only on information available to TPL and speak only as of the date hereof. Except as required by applicable law, TPL undertakes no obligation to update any forward-looking statements or other statements herein for revisions or changes after this communication is made.

Texas Pacific (TPL - Free Report) came out with quarterly earnings of $2.07 per share, beating the Zacks Consensus Estimate of $2.03 per share. This compares to earnings of $1.75 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +1.97%. A quarter ago, it was expected that this landowner would post earnings of $1.73 per share when it actually produced earnings of $1.79, delivering a surprise of +3.47%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Texas Pacific, which belongs to the Zacks Alternative Energy - Other industry, posted revenues of $236.82 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 2.14%. This compares to year-ago revenues of $195.98 million. The company has topped consensus revenue estimates just once over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Texas Pacific shares have added about 49.9% since the beginning of the year versus the S&P 500's gain of 6%.

What's Next for Texas Pacific?While Texas Pacific has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Texas Pacific was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.39 on $274 million in revenues for the coming quarter and $9.27 on $1.07 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Alternative Energy - Other is currently in the top 30% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Clearway Energy (CWEN - Free Report) , another stock in the same industry, has yet to report results for the quarter ended March 2026. The results are expected to be released on May 7.

This company created by NRG Energy to acquire and operate natural gas, solar and wind plants is expected to post quarterly loss of $0.45 per share in its upcoming report, which represents a year-over-year change of -1600%. The consensus EPS estimate for the quarter has been revised 0.4% lower over the last 30 days to the current level.

Clearway Energy's revenues are expected to be $331.48 million, up 11.2% from the year-ago quarter.