LyondellBasell Industries N.V. (LYB)
|Net Income (ttm)||3.04B|
|Ex-Dividend Date||May 26, 2023|
|Day's Range||89.85 - 91.16|
|52-Week Range||71.46 - 112.53|
|Price Target||100.05 (+10.02%)|
|Earnings Date||Jul 28, 2023|
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 PolyolefinsAmericas; Olefins and PolyolefinsEurope, 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]
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
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.
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...
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 ...
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...
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...
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.
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...
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...
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...
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 (...
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....
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,...
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 ...
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...
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...
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...
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.
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...
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...
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...
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.
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...
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...
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...
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...
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...