Trade Owens Corniing - OC CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.33
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.02224 %(-$4.45)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.02224%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position0.00001 %($0.00)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: 0.00001%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 0.1
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.02224 %
  (-$4.45)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: 0.00001 %
  ($0.00)

Key Stats

• Prev. Close: 112.85
• Open: 113.32
• 1-Year Change: -10.79%
• Day's Range: 111.88 - 116.4

Trade Owens Corniing - OC

About Owens Corning

Owens Corning is a provider of building and industrial materials. The Company manufactures a range of insulation, roofing, and fiberglass composite materials. It operates through three segments: Composites, Insulation and Roofing. Its Composites segment is engaged in manufacturing, fabricating and selling glass reinforcements in the form of fiber. Its glass reinforcement materials are also used downstream by the Composites segment to manufacture and sell glass fiber products in the form of fabrics, non-woven and other specialized products. Its Insulation segment is engaged in manufacturing and selling thermal and acoustical batts, loose fill insulation, foam sheathing and accessories. Its Roofing segment is engaged in manufacturing and selling residential roofing shingles, oxidized asphalt materials, roofing components used in residential and commercial construction and specialty applications, and synthetic packaging materials.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Owens Corning revenues increased 20% to $8.5B. Net income totaled $995M vs. loss of $383M. Revenues reflect Insulation segment increase of 22% to $3.18B, Roofing segment increase of 19% to $3.21B, United States segment increase of 20% to $5.7B, Europe segment increase of 21% to $1.38B. Net Income reflects Goodwill impairment charge decrease from $944M (expense) to $0K.

Equity composition

Common Stock $.01 Par, 03/11, 400M auth., 134,300,000 issd., less 9,500,000 shs. in Treas. @ 234M. Insiders control 6.49%. Public Offering 7/67, 400,000 shares @$65 by GoldmanSachs & Co. 12/02, Company delisted from NYSE to OTC Bulletin Board. 11/06, Co. emerged from bankruptcy. PO: