LyondellBasell Industries N.V. (LYB)

NYSE: LYB · IEX Real-Time Price · USD
97.00
-1.19 (-1.21%)
At close: Jul 19, 2024, 4:00 PM
97.06
+0.06 (0.06%)
After-hours: Jul 19, 2024, 7:55 PM EDT
-1.21%
Market Cap 31.59B
Revenue (ttm) 40.79B
Net Income (ttm) 2.11B
Shares Out 325.62M
EPS (ttm) 6.47
PE Ratio 14.99
Forward PE 10.81
Dividend $5.36 (5.53%)
Ex-Dividend Date Jun 3, 2024
Volume 1,344,136
Open 98.21
Previous Close 98.19
Day's Range 96.37 - 98.49
52-Week Range 88.46 - 107.02
Beta 1.10
Analysts Buy
Price Target 105.21 (+8.46%)
Earnings Date Aug 2, 2024

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, polyethylene, and polypropylene; and propylene oxide and derivatives; oxyfuels and related products; and intermedia... [Read more]

Sector Materials
Founded 1955
Employees 20,000
Stock Exchange NYSE
Ticker Symbol LYB
Full Company Profile

Financial Performance

In 2023, LYB's revenue was $41.11 billion, a decrease of -18.52% compared to the previous year's $50.45 billion. Earnings were $2.11 billion, a decrease of -45.54%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for LYB stock is "Buy." The 12-month stock price forecast is $105.21, which is an increase of 8.46% from the latest price.

Price Target
$105.21
(8.46% upside)
Analyst Consensus: Buy
Stock Forecasts

News

20 value stocks with high dividend yields and expected room to raise payouts

Last week's action in the stock market might have signaled a long-awaited shift away from a focus on Big Tech in the stock market to overlooked pockets of value.

Other symbols: AMBENCMACOLBCWENEPRKSS
1 day ago - Market Watch

LYB to discuss second quarter results Friday, Aug. 2, 2024

HOUSTON and LONDON , July 19, 2024 /PRNewswire/ -- LyondellBasell (NYSE: LYB), a leader in the global chemical industry, will announce its second-quarter 2024 financial results before the U.S. market ...

2 days ago - PRNewsWire

LYB Expands Core PP Business with 35% Stake in NATPET from Alujain in Saudi Arabia

HOUSTON and RIYADH, Saudi Arabia , May 30, 2024 /PRNewswire/ -- LyondellBasell (LYB) and Alujain Corporation (Alujain) today announced completion of the acquisition of a 35% interest in Saudi Arabia–b...

7 weeks ago - PRNewsWire

LyondellBasell's dividend hike boosts yield to nearly 4-times the S&P 500's

LyondellBasell Industries NV said Friday that it raised its dividend by 7%, reinforcing the chemicals and plastics resins company's position as having the highest-yielding stock among its materials-se...

2 months ago - Market Watch

LYB Announces 7 Percent Increase to Quarterly Dividend

HOUSTON and LONDON , May 24, 2024 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced its board of directors has declared a quarterly dividend of $1.34 per share, representing a 7 percent incre...

2 months ago - PRNewsWire

LyondellBasell Adds New South East European Distribution Hub for Improved Customer Experience

ROTTERDAM, Netherlands, May 16, 2024 /PRNewswire/ -- LyondellBasell, a global leader in the chemical industry, is proud to announce the establishment of a new distribution hub in Hungary for its polyo...

2 months ago - PRNewsWire

LyondellBasell Weighs Strategic Options for European Assets

HOUSTON and LONDON , May 8, 2024 /PRNewswire/ -- LyondellBasell today announced the formal launch of a strategic review of the European assets of its Olefins & Polyolefins and Intermediates & Derivati...

2 months ago - PRNewsWire

LyondellBasell Reports First Quarter 2024 Earnings

HOUSTON and LONDON , April 26, 2024 /PRNewswire/ -- First Quarter 2024 Highlights Net Income: $473 million, $501 million excluding identified items(a) Diluted earnings per share: $1.44 per share; $1.5...

3 months ago - PRNewsWire

LyondellBasell to Discuss First Quarter Results on Friday, April 26, 2024

HOUSTON and LONDON, April 12, 2024 /PRNewswire/ -- LyondellBasell, a leader in the global chemical industry, will announce its first-quarter 2024 financial results before the U.S. market opens on Frid...

3 months ago - PRNewsWire

LyondellBasell demonstrates progress toward industry leadership in 2023 sustainability report

HOUSTON and ROTTERDAM, Netherlands , April 9, 2024 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today published its annual sustainability report titled, Everyday Sustainability. The publication offers a...

3 months ago - PRNewsWire

LyondellBasell to exhibit at NPE2024: The Plastics Show

HOUSTON , March 27, 2024 /PRNewswire/ -- LyondellBasell (NYSE: LYB), a global leader in the production of plastics, chemicals, specialty compounds and circular solutions, today announced its participa...

4 months ago - PRNewsWire

LyondellBasell to Address J.P. Morgan 2024 Industrials Conference

HOUSTON and LONDON, March 6, 2024 /PRNewswire/ -- LyondellBasell today announced Peter Vanacker, chief executive officer, will participate in a fireside chat at the J.P. Morgan 2024 Industrials Confer...

4 months ago - PRNewsWire

LyondellBasell Prices Public Offering of Guaranteed Notes

HOUSTON , Feb. 26, 2024 /PRNewswire/ -- LyondellBasell (NYSE: LYB) announced today that LYB International Finance III, LLC, its wholly-owned subsidiary, priced a public offering (the "Offering") of $7...

5 months ago - PRNewsWire

LyondellBasell Announces Quarterly Dividend

HOUSTON and LONDON , Feb. 23, 2024 /PRNewswire/ -- LyondellBasell today announced it has declared a dividend of $1.25 per share, to be paid March 11, 2024, to shareholders of record on March 4, 2024, ...

5 months ago - PRNewsWire

LyondellBasell Acquires Mechanical Recycling Assets and Plans Operations in California

HOUSTON , Feb. 20, 2024 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced it has acquired mechanical recycling assets and properties containing rigid plastics recycling processing lines from ...

5 months ago - PRNewsWire

LyondellBasell Announces Executive Committee Changes

HOUSTON and LONDON , Feb. 19, 2024 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced changes to its executive committee, effective March 1, 2024. Kimberly (Kim) Foley will assume the role of ...

5 months ago - PRNewsWire

LyondellBasell Reports 2023 Earnings

HOUSTON and LONDON , Feb. 2, 2024 /PRNewswire/ -- Fourth Quarter 2023 Highlights  Net Income: $185 million, $411 million excluding identified items(a) Diluted earnings per share: $0.56 per share, $1.2...

6 months ago - PRNewsWire

LyondellBasell & MSI Technology, LLC Collaborate on Innovative Consumer Packaging

HOUSTON , Jan. 30, 2024 /PRNewswire/ -- LyondellBasell (NYSE: LYB) and MSI Technology, LLC announced today they have entered into an agreement for MSI Technology to serve the LyondellBasell Polybutene...

6 months ago - PRNewsWire

LyondellBasell Launches Petrothene T3XL7420: A Revolutionary Polymer Compound for Optimized Manufacturing

HOUSTON , Jan. 23, 2024 /PRNewswire/ -- LyondellBasell (LYB), a global leader in the chemical industry, is proud to announce the release of a cross-linkable, all-in-one flame-retardant compound, Petro...

6 months ago - PRNewsWire

LyondellBasell to Discuss Fourth Quarter Results on Friday, February 2, 2024

HOUSTON and LONDON , Jan. 19, 2024 /PRNewswire/ -- LyondellBasell, a leader in the global chemical industry, will announce its fourth-quarter 2023 financial results before the U.S. market opens on Fri...

6 months ago - PRNewsWire

LYB Enters into Agreement to Acquire 35% of Saudi Arabia-based NATPET; Expands Core PP Business

Technology-enabled JV increases LYB access to advantaged feedstocks and attractive markets Transaction encompasses existing assets and planned growth projects HOUSTON and RIYADH, Saudi Arabia , Jan. 1...

6 months ago - PRNewsWire

LyondellBasell edges closer to meeting its 2030 renewable energy target

HOUSTON , Dec. 19, 2023 /PRNewswire/ -- LyondellBasell (NYSE: LYB) signed two new Power Purchase Agreements (PPA) in the United States, which will bring the company's total procured renewable electric...

7 months ago - PRNewsWire

LyondellBasell to sell ethylene oxide & derivatives business to Ineos Oxide for $700 million

Chemicals company LyondellBasell Industries N.V. LYB, -0.27% said Friday it has entered an agreement to sell its ethylene oxide & derivatives business to Ineos Oxide for $700 million.

8 months ago - Market Watch

LyondellBasell Announces Sale of Ethylene Oxide & Derivatives Business and Production Facility to INEOS

HOUSTON , Dec. 8, 2023 /PRNewswire/ -- LyondellBasell (LYB) today announced it has entered into an agreement to sell its Ethylene Oxide & Derivatives (EO&D) business along with the production facility...

8 months ago - PRNewsWire

LyondellBasell CEO Vanacker on Global Demand, COP28

LyondellBasell CEO Peter Vanacker discusses the outlook for global chemicals and plastics demand with Alix Steel and Guy Johnson on "Bloomberg Markets."

8 months ago - Bloomberg Markets and Finance