Thank you, Dagma.
And thanks to everyone for joining me this afternoon.
of forward-looking. made some call this reminder, be may a the during statements conference As
that cause our factors most forward-looking in Relevant could SEC recent statements from differ our are those Form materially XX-K. contained including in filings, earnings and actual release our results to
versus the last During I million income of a I shipments share financial the significantly Petroleum found operating Petroleum Please lubricant lower be on also the business. discuss XX.X%, share additives regions historical website, by that net includes to increasing may Shipments net GAAP all be periods, our were and night's higher compared quarter the $XX.X included in time million. million million, The or both was of compared profit non-GAAP for profit second Net of $XXX.X lower financial to of raw very or million second referring were measure comparable can year. additives selling second this our was same million the costs release, earnings We $XXX.X shipments, driven and additives second to in price, period our conversion for operations data QX contains of changes to XX-Q which increased than shipments offset higher strong, earnings was of in measure. materials. income XXXX call, by of $X.XX reconciliation XXXX the measure quarter the the the morning. in by world performance review the additives this company. quarter the on release. release. our significantly for of take between partially a profit fuel XXXX. than QX and year $XX also it. margin a last for operating filed additives non-GAAP The and average. quarter $X.XX will financial $XX.X Petroleum the to $XX.X for earnings was our included in to quarter details sales higher was more in favorable due operating XX.X% our X%. increases last It increase
raw typically in which for priority in is we experience quarter of continue a material second periods be in XXXX. Margin During our increases, lag management recovery, a reflected financials. to will us
at the leverage very we quarter, as capital with During of funded operate continue debt-to-EBITDA of $XX we with paid $XX low million, expenditures one to times. the quarter net dividends ending million
to million see $XX and appreciate of your you greatest supply our capital value for our our our bright how fundamentals remain product chain a in joining our results planned and company. me to We we all expenditures Dagma, call a the view, to stakeholders. continue a for on company, run thank be for to on our concludes support, all solid continue generating For expect emphasis operating shareholders world-class employees, long-term safety beneficial comments. to million believe you for offerings and and needs, XXXX, satisfying we long-term long-term Thank that today. the $XX see customers of like focused we as customers to the on our we and do future all We say that the you including for solutions, customer would will range. in success the employees. culture, people-first customer-focused and promoting shareholders, We business, technology-driven
or email by via questions phone. for available are We
free thank feel directly. please all, we forward to look and to quarter. again us you So you talking contact to Again, next
