LyondellBasell Industries N.V. (LYB)

NYSE: LYB · IEX Real-Time Price · USD
90.94
+1.02 (1.13%)
Jun 5, 2023, 1:01 PM EDT - Market open
1.13%
Market Cap 29.57B
Revenue (ttm) 47.54B
Net Income (ttm) 3.04B
Shares Out 325.27M
EPS (ttm) 9.24
PE Ratio 9.73
Forward PE 8.29
Dividend $5.00 (5.50%)
Ex-Dividend Date May 26, 2023
Volume 748,838
Open 90.32
Previous Close 89.92
Day's Range 89.85 - 91.16
52-Week Range 71.46 - 112.53
Beta 1.22
Analysts Hold
Price Target 100.05 (+10.02%)
Earnings Date Jul 28, 2023

About LYB

LyondellBasell Industries N.V. operates as a chemical company in the United States, Germany, Mexico, Italy, Poland, France, Japan, China, the Netherlands, and internationally. The company operates in six segments: Olefins and Polyolefins—Americas; Olefins and Polyolefins—Europe, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; Refining; and Technology. It produces and markets olefins and co-products; polyolefins; polyethylene products, which consist of high density polyethylene, low density polyethylene, and linea... [Read more]

Sector Materials
Founded 1955
Employees 19,300
Stock Exchange NYSE
Ticker Symbol LYB
Full Company Profile

Financial Performance

In 2022, LYB's revenue was $50.45 billion, an increase of 9.27% compared to the previous year's $46.17 billion. Earnings were $3.88 billion, a decrease of -30.80%.

Financial Statements

Analyst Forecast

According to 21 analysts, the average rating for LYB stock is "Hold." The 12-month stock price forecast is $100.05, which is an increase of 10.02% from the latest price.

Price Target
$100.05
(10.02% upside)
Analyst Consensus: Hold
Stock Forecasts

News

LyondellBasell to test new furnace tech in push to cut emissions

Chemical maker LyondellBasell Industries said on Thursday it would evaluate a new electric furnace technology in olefins production, along with Technip Energies and Chevron Phillips Chemical, as it se...

4 days ago - Reuters

LyondellBasell to Address Deutsche Bank Global Industrials, Materials & Building Products Conference

HOUSTON and LONDON, June 1, 2023 /PRNewswire/ -- LyondellBasell announced today that Michael McMurray, executive vice president and chief financial officer, will participate in a fireside chat at the ...

4 days ago - PRNewsWire

LyondellBasell Pursues New Electric Furnace Technology, Collaborates with Technip Energies and ChevronPhillips

HOUSTON , June 1, 2023 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced it has signed a memorandum of understanding (MOU) with Technip Energies and Chevron Phillips Chemical to potentially d...

4 days ago - PRNewsWire
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LyondellBasell Announces Delay in Refining Business Exit

HOUSTON , May 31, 2023 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced plans to delay its refining business exit from year-end 2023 to no later than the end of the first quarter 2025. Favor...

5 days ago - PRNewsWire

LyondellBasell raises dividend, to boost dividend yield above 5.5%

LyondellBasell Industries N.V. LYB, +0.99% said Friday that it raised its quarterly dividend by 5.0%, to $1.25 a share from $1.19 a share.

2 weeks ago - Market Watch

LyondellBasell Announces 5% Percent Increase to Quarterly Dividend

HOUSTON and LONDON , May 19, 2023 /PRNewswire/ -- LyondellBasell today announced its Board of Directors has declared a quarterly dividend of $1.25 per share, representing a 5 percent increase over the...

2 weeks ago - PRNewsWire

LyondellBasell Prices Public Offering of Inaugural Green Bond

HOUSTON , May 17, 2023 /PRNewswire/ -- LyondellBasell (NYSE: LYB) announced today that LYB International Finance III, LLC ("LYB International Finance"), its wholly-owned subsidiary, priced a public of...

2 weeks ago - PRNewsWire

LyondellBasell Introduces Green Financing Framework to Help Further Sustainability Goals

HOUSTON , May 8, 2023 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced it has published its inaugural green financing framework to help advance its long-term sustainability goals. "Our green...

1 month ago - PRNewsWire
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LyondellBasell to Address Goldman Sachs Industrials & Materials Conference

HOUSTON and LONDON , May 3, 2023 /PRNewswire/ -- LyondellBasell (NYSE: LYB), a leader in the global chemical industry, today announced Kenneth Lane, executive vice president, Olefins and Polyolefins (...

1 month ago - PRNewsWire

LyondellBasell Reports First Quarter 2023 Earnings

HOUSTON and LONDON , April 28, 2023 /PRNewswire/ --  First Quarter 2023 Highlights Net Income: $474 million, $822 million excluding identified items(a) Diluted earnings per share: $1.44 per share; $2....

1 month ago - PRNewsWire

LyondellBasell and Veolia restructure their plastics recycling joint venture QCP

HOUSTON , April 28, 2023 /PRNewswire/ -- LyondellBasell (NYSE: LYB) and Veolia Belgium have signed an agreement to restructure the ownership of Quality Circular Polymers (QCP) BV recycling facilities,...

1 month ago - PRNewsWire

LyondellBasell Details Accelerated Momentum in 2022 Sustainability Report

HOUSTON and ROTTERDAM, Netherlands , April 25, 2023 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today published its annual sustainability report titled, Unlocking Possibilities. The publication offers ...

1 month ago - PRNewsWire

LyondellBasell to Discuss First Quarter Results on Friday, April 28, 2023

HOUSTON and LONDON , April 14, 2023 /PRNewswire/ -- LyondellBasell (NYSE: LYB), a leader in the global chemistry industry, will announce its first-quarter 2023 financial results before the U.S. market...

1 month ago - PRNewsWire
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Kyle Pierce Named 2023 Head of Diversity Honoree by the Houston Business Journal

HOUSTON , March 31, 2023 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced Diversity, Equity & Inclusion (DEI) Director, Kyle Pierce, is a recipient of the Houston Business Journal's 2023 Hea...

2 months ago - PRNewsWire

LyondellBasell and EEW sign LOI for potential advanced waste sorting

ROTTERDAM, Netherlands and HELMSTEDT, Germany , March 27, 2023 /PRNewswire/ -- LyondellBasell, a global leader in the chemical industry, and EEW Energy from Waste, a leading company in thermal waste t...

2 months ago - PRNewsWire

Milk the Dividends on These 3 Cash Cows

The term ‘cash cow' refers to a company with significant market share in a mature industry. Typically, it requires minimal capital spending to maintain slow yet predictable growth.

Other symbols: CTRAMO
2 months ago - MarketBeat

LyondellBasell Commissions World's Largest PO/TBA Unit

HOUSTON , March 14, 2023 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announces it has successfully started up the world's largest propylene oxide (PO) and tertiary butyl alcohol (TBA) unit in Tex...

2 months ago - PRNewsWire

LyondellBasell announces decision to acquire Mepol Group

Facilities in Poland and Italy will produce recycled and polymer compounds for diverse markets ROTTERDAM, Netherlands and FERRARA, Italy , March 13, 2023 /PRNewswire/ -- LyondellBasell (NYSE: LYB) and...

3 months ago - PRNewsWire

LyondellBasell and Grenergy Sign Five 15-year Solar Power Purchase Agreements

Contracts set to reduce emissions equal to the energy consumption of 90,000 households ROTTERDAM, Netherlands , March 10, 2023 /PRNewswire/ -- LyondellBasell and Grenergy signed five long-term solar p...

3 months ago - PRNewsWire

LyondellBasell to Host Capital Markets Day on March 14, 2023

HOUSTON and LONDON , March 7, 2023 /PRNewswire/ -- LyondellBasell (NYSE: LYB) will host a Capital Markets Day on Tuesday, March 14 from 8:30 a.m. – 12:30 p.m.

3 months ago - PRNewsWire

LyondellBasell Announces Quarterly Dividend

HOUSTON and LONDON , Feb. 24, 2023 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced it has declared a dividend of $1.19 per share, to be paid March 13, 2023, to shareholders of record on Mar...

3 months ago - PRNewsWire

LYONDELLBASELL SECURES ADVANCED RECYCLED FEEDSTOCK WITH NEXUS CIRCULAR

Feedstock from advanced recycling adds to company's ambitious circularity goals HOUSTON , Feb. 16, 2023 /PRNewswire/ -- LyondellBasell and Nexus Circular today announced they have signed a definite lo...

3 months ago - PRNewsWire

LyondellBasell and KIRKBI invest in APK to develop recycling technology

ROTTERDAM, Netherlands and BILLUND, Denmark and MERSEBURG, Germany , Feb. 8, 2023 /PRNewswire/ -- Today, LyondellBasell (NYSE: LYB), a global leader in the chemical industry and KIRKBI A/S, the family...

4 months ago - PRNewsWire

LyondellBasell Reports 2022 Earnings

HOUSTON and LONDON , Feb. 3, 2023 /PRNewswire/ -- Fourth Quarter 2022 Highlights Net Income: $353 million, $427 million excluding identified items(a) Diluted earnings per share: $1.07 per share, $1.29...

4 months ago - PRNewsWire

LyondellBasell Quickly Advances Towards its 2030 Global Renewable Electricity Target

ROTTERDAM, Netherlands and HOUSTON , Feb. 2, 2023 /PRNewswire/ -- LyondellBasell announced today it has signed the first two European renewable electricity power purchase agreements (PPAs) and two add...

4 months ago - PRNewsWire