Oppenheimer Leaves NewMarket Perform Rating Unchanged (NEU)

Oppenheimer left its NewMarket NEU Perform rating unchanged in a research report published today. In the report, Oppenheimer states, "Adjusted 4Q10 EPS of $3.16 compared to our/Street of $2.62/$3.15. Upside was attributable to higher-than-expected Petroleum Additives revenues, driven by better price mix and increased volumes. PA margins were roughly in-line. We raise our 2011E EPS to $12.80 from $12.29 and initiate a 2012 estimates of $12.98." Shares of NewMarket were at $129.71 in after hours trading at the time of posting, down 0.02% from Thursday's market close.