United States Lime&Minerals Company profile
About United States Lime & Minerals Inc
United States Lime & Minerals, Inc. is a manufacturer of lime and limestone products. Its primary activity includes supplying lime to construction (including highway, road and building contractors), industrial (including paper and glass manufacturers), metals (including steel producers), environmental (including municipal sanitation and water treatment facilities and flue gas treatment processes), roof shingle manufacturers, agriculture (including poultry and cattle feed producers), and oil and gas services industries. It operates through three segments: Lime and Limestone Operations, Natural Gas Interests and Dolomite Quarry. Lime and Limestone operations segment consists of plants and facilities in Arkansas, Colorado, Louisiana, Oklahoma and Texas. The Company, through its subsidiary, U.S. Lime Company-O & G, LLC (U.S. Lime O & G), has royalty interests with oil and gas rights. Its Dolomite Quarry provides principally to glass, roofing materials and aglime industries.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, United States Lime & Minerals Inc revenues increased 18% to $189.3M. Net income increased 31% to $37M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Lime and limestone operations segment income increase of 28% to $45.8M. Dividend per share remained flat at $0.64.
Equity composition
Common Stock $.10 Par, 12/10, 15M auth., 6,421,424 issd, less 11,024 shs. in treas. @ $417K. Insiders own 71.14% Public Offering 4/69, 250K shares @ $12.50 by Rauscher Pierce & Co. 2/87, 3-for-2 stock split. 2/01, Company issued 1.8M shs in a rights offering.