LyondellBasell Industries N.V. (LYB)
Market Cap | 32.44B |
Revenue (ttm) | 41.11B |
Net Income (ttm) | 2.11B |
Shares Out | 325.44M |
EPS (ttm) | 6.46 |
PE Ratio | 15.43 |
Forward PE | 11.88 |
Dividend | $5.00 (5.02%) |
Ex-Dividend Date | Mar 1, 2024 |
Volume | 1,687,928 |
Open | 100.69 |
Previous Close | 100.78 |
Day's Range | 99.19 - 101.00 |
52-Week Range | 84.80 - 106.69 |
Beta | 1.20 |
Analysts | Buy |
Price Target | 103.54 (+3.87%) |
Earnings Date | Apr 26, 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]
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 StatementsAnalyst Forecast
According to 16 analysts, the average rating for LYB stock is "Buy." The 12-month stock price forecast is $103.54, which is an increase of 3.87% from the latest price.
News
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...
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...
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...
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...
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...
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, ...
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 ...
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 ...
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...
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...
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...
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...
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...
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...
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.
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...
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."
LyondellBasell to Address Citi Basic Materials Conference
HOUSTON and LONDON, Nov. 20, 2023 /PRNewswire/ -- LyondellBasell, a leader in the global chemical industry, today announced Michael McMurray, executive vice president and chief financial officer, will...
LyondellBasell to Build Industrial-scale Advanced Recycling Plant in Germany
HOUSTON , Nov. 20, 2023 /PRNewswire/ -- LyondellBasell (LYB) today announced it has made the final investment decision to build the company's first industrial-scale catalytic advanced recycling demons...
LyondellBasell Reports Third Quarter 2023 Earnings
HOUSTON and LONDON , Oct. 27, 2023 /PRNewswire/ -- Third Quarter 2023 Highlights Net Income: $0.7 billion, $0.8 billion excluding identified items(a) Diluted earnings per share: $2.29 per share; $2.4...
LyondellBasell to Discuss Third Quarter Results on Friday, October 27, 2023
HOUSTON and LONDON , Oct. 13, 2023 /PRNewswire/ -- LyondellBasell, a leader in the global chemistry industry, will announce its third-quarter 2023 financial results before the U.S. market opens on Fri...
LyondellBasell Demonstrates Commitment to Sustainability with Launch of +LC (Low Carbon) Solutions
HOUSTON , Sept. 26, 2023 /PRNewswire/ -- LyondellBasell today announced the expansion of its sustainable offerings with the launch of its +LC (Low Carbon) solutions, a new range of Intermediates and D...
LyondellBasell to Address J.P. Morgan 14th Annual U.S. All Stars Conference
HOUSTON and LONDON, Sept. 11, 2023 /PRNewswire/ -- LyondellBasell, a leader in the global chemical industry, today announced Michael McMurray, executive vice president and chief financial officer, wil...
LyondellBasell to Host MoReTec Technology Webinar on September 26, 2023
HOUSTON and LONDON , Sept. 6, 2023 /PRNewswire/ -- LyondellBasell (NYSE: LYB) will host a MoReTec Technology Webinar on Tuesday, September 26 from 8 a.m – 9 a.m.
LyondellBasell Awarded the 2023 Global Medical Plastics Company of the Year by Frost & Sullivan
LyondellBasell is among the top three global polyolefin manufacturers in terms of capacity and sustainable solutions, catering to multiple industries, including pharmaceuticals and medical devices. SA...