Key Highlights

● Olin released third-quarter results at 4:05 p.m. ET on Thursday.

● Sales, Earnings and outlook details were not available at publication.

● WTI near $104 and Brent near $117.80 raise energy input costs.

● October's Chicago PMI, due at 9:45 a.m. ET, has a consensus of 54.6.

Olin (NYSE:OLN) is on watch ahead of Friday's open after the chemicals and ammunition maker released its third-quarter results after Thursday's close, at 4:05 p.m. ET. The figures, including sales, earnings and any update to the outlook, were not available, and a pre-market price move for the shares was not confirmed. Whether the quarter beat or missed expectations is therefore unclear.

What Olin does

Based in Clayton, Missouri, Olin operates three main businesses. Its chlor-alkali products and vinyls segment makes chlorine, caustic soda and related chemicals used in water treatment, plastics and manufacturing. Its epoxy Business supplies materials used in coatings, composites and electronics. Its Winchester division makes ammunition for commercial, law enforcement and military customers.

That mix makes Olin a bellwether for industrial chemical Demand and pricing. Its results are usually read for clues on the state of construction, Manufacturing and durable goods markets.

Index membership and backdrop

Olin's shares are listed on the New York Stock Exchange and are part of the NYSE Composite, the index of all common stocks listed on the exchange.

Energy costs matter for chemical makers, as power and Natural Gas are major inputs. Oil prices are elevated this morning, with West Texas Intermediate around $104 a barrel and Brent around $117.80, according to market data, amid tensions in the Strait of Hormuz. Higher energy costs can squeeze margins if they cannot be passed on to customers.

The broader market is weak at the top, with S&P 500 futures down 1.13% and Nasdaq-100 futures 2.62% shortly after 8 a.m. ET, according to market data, while Dow futures were flat. Investors have been rotating into energy, health care and other non-tech sectors this month.

What to watch

Investors will look for commentary on chlor-alkali pricing, epoxy demand and Winchester ammunition orders, and on how energy costs are affecting margins. October's Chicago PMI, due at 9:45 a.m. ET with a consensus of 54.6, will offer a fresh read on manufacturing activity. Olin's fourth-quarter results are expected in early 2027.