Olin: One-Time Problems Are A Buying Opportunity

Olin remains a valuable opportunity despite operational setbacks, sector headwinds, and a 12% share price decline over the past year. OLN's Q2 was impacted by a $40M Freeport outage, weak demand, and working capital drag, but its epoxy and ammunition businesses showed resilience. The pending Huntsman merger, expected by mid-2027, should drive $250M in cost synergies and improve OLN's free cash flow and leverage profile. With a 15% free cash flow yield and a secure 4.3% dividend, I view OLN as a compelling 'self-help' story for long-term investors.

Shares of Olin ( OLN ) have been a poor performer over the past year, losing about 12% of their value and missing out on a widespread stock market rally. Like most companies in the chemicals sector, Olin has struggled.