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 PolyolefinsÂAmericas; Olefins and PolyolefinsÂEurope, 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 linear low density polyethylene; and polypropylene (PP) products, such as PP homopolymers and copolymers. The company also produces and sells propylene oxide and its derivatives; oxyfuels and related products; and intermediate chemicals, such as styrene monomers, acetyls, ethylene glycols, and ethylene oxides and derivatives. In addition, it produces and markets compounds and solutions, such as polypropylene compounds, engineered plastics, masterbatches, engineered composites, colors, and powders; and advanced polymers. Further, the company refines crude oil and other crude oils of varied types and sources into gasoline, diesel, and jet fuel; develops and licenses chemical and polyolefin process technologies; and manufactures and sells polyolefin catalysts. LyondellBasell Industries N.V. was founded in 1955 and is headquartered in Houston, Texas.
IPO Year:
Exchange: NYSE
Website: lyondellbasell.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/7/2025 | $112.00 → $95.00 | Overweight → Neutral | Piper Sandler |
| 3/1/2024 | Underperform | Wolfe Research | |
| 2/5/2024 | $95.00 → $100.00 | Neutral → Overweight | JP Morgan |
| 1/10/2024 | $105.00 | Buy → Hold | Deutsche Bank |
| 1/3/2024 | Hold → Buy | Vertical Research | |
| 12/13/2023 | $105.00 → $98.00 | Buy → Neutral | Citigroup |
| 10/18/2023 | $99.00 → $107.00 | Underperform → Neutral | BofA Securities |
| 10/4/2023 | $104.00 → $106.00 | Neutral → Buy | Citigroup |
| 10/3/2023 | Underweight → Sector Weight | KeyBanc Capital Markets | |
| 6/14/2023 | $89.00 | Neutral | Citigroup |
4 - LyondellBasell Industries N.V. (0001489393) (Issuer)
Piper Sandler downgraded LyondellBasell from Overweight to Neutral and set a new price target of $95.00 from $112.00 previously
Wolfe Research initiated coverage of LyondellBasell with a rating of Underperform
JP Morgan upgraded LyondellBasell from Neutral to Overweight and set a new price target of $100.00 from $95.00 previously
Deutsche Bank downgraded LyondellBasell from Buy to Hold and set a new price target of $105.00
Vertical Research upgraded LyondellBasell from Hold to Buy
Citigroup downgraded LyondellBasell from Buy to Neutral and set a new price target of $98.00 from $105.00 previously
BofA Securities upgraded LyondellBasell from Underperform to Neutral and set a new price target of $107.00 from $99.00 previously
Citigroup upgraded LyondellBasell from Neutral to Buy and set a new price target of $106.00 from $104.00 previously
KeyBanc Capital Markets upgraded LyondellBasell from Underweight to Sector Weight
Citigroup initiated coverage of LyondellBasell with a rating of Neutral and set a new price target of $89.00
5 - LyondellBasell Industries N.V. (0001489393) (Issuer)
4 - LyondellBasell Industries N.V. (0001489393) (Issuer)
4 - LyondellBasell Industries N.V. (0001489393) (Issuer)
4 - LyondellBasell Industries N.V. (0001489393) (Issuer)
4 - LyondellBasell Industries N.V. (0001489393) (Issuer)
4 - LyondellBasell Industries N.V. (0001489393) (Issuer)
4 - LyondellBasell Industries N.V. (0001489393) (Issuer)
4 - LyondellBasell Industries N.V. (0001489393) (Issuer)
4 - LyondellBasell Industries N.V. (0001489393) (Issuer)
4 - LyondellBasell Industries N.V. (0001489393) (Issuer)
HOUSTON, March 29, 2022 /PRNewswire/ -- LyondellBasell (NYSE:LYB) today announced Peter Vanacker will assume his role as the company's chief executive officer on May 23, 2022. The Company's Board of Directors appointed Vanacker to the position in December 2021. "It is a real honor for me to join LyondellBasell at this very exciting time for our industry. LyondellBasell has a rich legacy as an innovation and technology leader and is recognized for its operational excellence and financial discipline," said Vanacker. "I am very inspired to continue this successful journey with a
Kenneth Lane, Executive Vice President, Global Olefins & Polyolefins, Will Serve as Interim CEO During Transition Period HOUSTON and LONDON, Dec. 13, 2021 /PRNewswire/ -- LyondellBasell (NYSE:LYB) today announced that the Board of Directors has appointed Peter Vanacker, President and CEO of Neste Corporation, as its new Chief Executive Officer. Mr. Vanacker succeeds Bhavesh V. "Bob" Patel, who will retire from the Company on December 31, 2021, as previously announced. Mr. Vanacker will assume his role no later than June 2022, upon satisfaction of the notice period under his current employment agreement, at which time he will also join the Company's Board of Directors. The Board also annou
HOUSTON and LONDON, Aug. 25, 2021 /PRNewswire/ -- LyondellBasell (NYSE:LYB) today announced that Chief Executive Officer Bhavesh V. (Bob) Patel intends to retire from the Company as of December 31, 2021. Mr. Patel will continue to lead the Company until that time and will ensure a smooth and orderly transition for his successor. Upon his departure, he will also resign from the Company's Board of Directors. The Board of Directors has established a sub-committee that will oversee the search for a new CEO and will consider both internal and external candidates. "Under Bob's leade
HOUSTON and ROTTERDAM, Netherlands, June 8, 2021 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced the publication of its 2020 sustainability report. The report highlights the company's efforts in the areas of ending plastic waste in the environment, helping to address climate change and supporting a thriving society. LyondellBasell's 2020 sustainability report highlights the company’s efforts in the areas of ending plastic waste in the environment, helping address climate change and supporting a thriving society. "Despite the challenges of 2020, our team made meaningful progress against our goals," said Bob Patel, CEO of LyondellBasell. "As a company we have t
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8-K - LyondellBasell Industries N.V. (0001489393) (Filer)
8-K - LyondellBasell Industries N.V. (0001489393) (Filer)
8-K - LyondellBasell Industries N.V. (0001489393) (Filer)
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HOUSTON and LONDON, Nov. 22, 2024 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE:LYB) today announced it has declared a dividend of $1.34 per share, to be paid to shareholders on Dec. 9, 2024, with an ex-dividend and record date of Dec. 2, 2024.About LyondellBasell We are LyondellBasell (NYSE:LYB) ― a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlock value for our customers, investors and society. As one of the world's largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and
Third Quarter 2024 Highlights Net income: $573 million, $617 million excluding identified items(a)Diluted earnings per share: $1.75 per share; $1.88 per share excluding identified itemsEBITDA: $1.2 billionCash from operating activities: $670 millionReturned $479 million to shareholders through dividends and share repurchasesCreating long-term value through progress toward LYB's sustainability targets: Started construction of MoReTec-1 catalytic advanced recycling facility in GermanyExceeded 2030 renewable electricity target HOUSTON and LONDON, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Comparisons with the prior quarter and third quarter 2023 are available in the following table: Table 1 - Earn
HOUSTON and LONDON, Aug. 16, 2024 /PRNewswire/ -- LyondellBasell (NYSE:LYB) today announced it has declared a dividend of $1.34 per share, to be paid to shareholders on Sept. 3, 2024, with an ex-dividend and record date of Aug. 26, 2024. About LyondellBasellWe are LyondellBasell (NYSE:LYB) ― a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlock value for our customers, investors and society. As one of the world's largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market
HOUSTON and LONDON, Aug. 2, 2024 /PRNewswire/ -- Second Quarter 2024 Highlights Net income: $924 million, $734 million excluding identified items(a)Diluted earnings per share: $2.82 per share; $2.24 per share excluding identified itemsEBITDA: $1.6 billion, $1.4 billion excluding identified itemsCash from operating activities: $1.3 billionIncreased quarterly dividend by 7% to $1.34 per shareReturned $513 million to shareholders through dividends and share repurchasesTaking additional actions to grow and upgrade our core businessesCompleted divestment of Ethylene Oxide and Derivatives (EO&D) businessCompleted acquisition of 35% share in NATPET integrated polypropylene joint venture in Saudi A
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 increase over the company's first quarter 2024 dividend. The dividend will be paid to shareholders on June 10, 2024, with an ex-dividend and record date of June 3, 2024. "Today's 7 percent dividend increase reflects LyondellBasell's confidence in our ability to navigate dynamic markets, unlock value with our focused new strategy and grow shareholder returns," said LYB CEO Peter Vanacker. "The increased dividend will mark 2024 as our 14th consecutive year of annual dividend growth." About LyondellBasell
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; $1.53 per share excluding identified itemsEBITDA: $1.0 billion, $1.1 billion excluding identified itemsCash used by operating activities: $114 millionCash provided by operating activities of $4.3 billion over last 12 months resulting in 93% cash conversion(b)Returned $408 million in dividends to shareholdersComparisons with the prior quarter and first quarter 2023 are available in the following table: Table 1 - Earnings Summary Millions of U.S. dollars (except share data) Three Months Ended March 31
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, with an ex-dividend date of March 1, 2024. About LyondellBasell We are LyondellBasell (NYSE:LYB) – a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlock value for our customers, investors and society. As one of the world's largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and m
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 PreZero, a global recycling leader and waste management service provider. The transaction includes leasing the processing facility in Jurupa Valley, Calif., which has a production capacity of approximately 50 million pounds per year for recycled materials. "This acquisition further strengthens our U.S. presence and will deliver value for our customers and plastic recycling rates in
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, $1.26 per share excluding identified itemsEBITDA: $639 million, $910 million excluding identified itemsGenerated $1.5 billion of cash from operating activities resulting in 171% cash conversion(b)Returned $406 million in dividends to shareholdersTook final investment decision to build first commercial-scale catalytic advanced recycling plant utilizing LYB's proprietary MoReTec technologyAnnounced divestiture of Ethylene Oxide and Derivatives business for $700 millionSubsequent Event Entered agreement
HOUSTON and LONDON, Nov. 17, 2023 /PRNewswire/ -- LyondellBasell today announced it has declared a dividend of $1.25 per share, to be paid December 4, 2023, to shareholders of record on November 27, 2023, with an ex-dividend date of November 24, 2023. About LyondellBasell We are LyondellBasell (NYSE:LYB) – a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlock value for our customers, investors and society. As one of the world's largest producers of polymers and a leader in polyolefin technologies, we develop, manufac
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Houston/Rotterdam, Jan. 29, 2025 (GLOBE NEWSWIRE) -- LyondellBasell (LYB), a leader in the global chemical industry, announced today the signing of two significant power purchase agreements (PPAs) in Europe, further supporting its commitment to reduce greenhouse gas emissions. The PPAs offer LYB long-term price certainty, which helps stabilize energy costs and make renewable energy more attractive compared to fluctuating fossil fuel prices. "Adding these long-term agreements to our portfolio supports price stability to increase the use of renewable energy in a value-accretive way," said Chris Cain, LYB senior vice president, net zero transition strategy. "Our diverse global portfolio of
HOUSTON and LONDON, Jan. 07, 2025 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE:LYB), a leader in the global chemical industry, will announce its fourth-quarter 2024 financial results before the U.S. market opens Friday, Jan. 31, followed by a webcast and teleconference to discuss the results at 11 a.m. EST. Teleconference and webcast detailsFriday, Jan. 31, 202511 a.m. ESTHosted by David Kinney, head of investor relationsAccess the webcast 10 to 15 minutes prior to the start of the call at www.lyondellbasell.com/earnings. Toll-free teleconference dial-in numbersParticipant/Guest toll-free: 877-407-8029Participant/Guest toll: 201-689-8029Participant/Guest: CallMe link Presentation
HOUSTON, Dec. 06, 2024 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE:LYB) today announced that Yvonne van der Laan, executive vice president of circular and low carbon solutions (CLCS), has been awarded the prestigious Winthrop-Sears medal by The Chemists' Club. The accolade was presented during the annual Egg Nog Gala held in New York City on Dec. 5. Established in 1970, the Winthrop-Sears medal recognizes individuals whose entrepreneurial achievements have contributed to the vitality of the chemical industry and the betterment of humanity. "I am proud to accept this medal on behalf of my wonderful colleagues at LyondellBasell," remarked van der Laan during the annual ceremony. "While they
HOUSTON and LONDON, Nov. 27, 2024 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE:LYB), a leader in the global chemical industry, today announced Michael McMurray, executive vice president and chief financial officer, will participate in a fireside chat at the 2024 Goldman Sachs Industrials and Materials Conference in New York on Wednesday, December 4, 2024, at 8 a.m. EST. Webcast and Presentation Slides AccessA live webcast can be accessed at the time of the event at https://investors.lyondellbasell.com/events-and-presentations/default.aspx. A replay of the event will be available at the same link within 24 hours following the webcast. ABOUT LYONDELLBASELLWe are LyondellBasell (NYSE:LYB)
HOUSTON and LONDON, Nov. 22, 2024 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE:LYB) today announced that effective March 1, 2025, Michael McMurray will retire as executive vice president and chief financial officer and will be succeeded by Agustin Izquierdo, currently the company's senior vice president, Olefins & Polyolefins Americas & Refining. Until he assumes the role of chief financial officer, Izquierdo will continue to serve in his current role. "We are grateful for Michael McMurray's significant contributions to LyondellBasell over the past five years," said LyondellBasell Chief Executive Officer Peter Vanacker. "Michael's strategic leadership has been instrumental in building and l
HOUSTON and LONDON, Nov. 22, 2024 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE:LYB) today announced it has declared a dividend of $1.34 per share, to be paid to shareholders on Dec. 9, 2024, with an ex-dividend and record date of Dec. 2, 2024.About LyondellBasell We are LyondellBasell (NYSE:LYB) ― a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlock value for our customers, investors and society. As one of the world's largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and
Third Quarter 2024 Highlights Net income: $573 million, $617 million excluding identified items(a)Diluted earnings per share: $1.75 per share; $1.88 per share excluding identified itemsEBITDA: $1.2 billionCash from operating activities: $670 millionReturned $479 million to shareholders through dividends and share repurchasesCreating long-term value through progress toward LYB's sustainability targets: Started construction of MoReTec-1 catalytic advanced recycling facility in GermanyExceeded 2030 renewable electricity target HOUSTON and LONDON, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Comparisons with the prior quarter and third quarter 2023 are available in the following table: Table 1 - Earn
Ambition to further develop solvent-based recycling technology and bring to commercial scaleCompany secures future of employees and fosters expertise with full integrationPlant to be transformed into post-consumer plastic waste recycling ROTTERDAM, The Netherlands, Oct. 17, 2024 (GLOBE NEWSWIRE) -- LyondellBasell (LYB) today announced it became full owner of APK AG in Merseburg, Germany. APK will be fully integrated and continue as part of LYB, a sustainability leader in the chemical industry. It is LYB's ambition to further develop the company's unique solvent-based technology for low density polyethylene (LDPE) and build commercial plants in the future. This will enable LYB to produce n
HOUSTON and LONDON, Oct. 04, 2024 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE:LYB), a leader in the global chemical industry, will announce its third-quarter 2024 financial results before the U.S. market opens Friday, Nov. 1, followed by a webcast and teleconference to discuss the results at 11 a.m. EDT. Teleconference and webcast detailsFriday, Nov. 1, 202411 a.m. EDTHosted by David Kinney, head of investor relationsAccess the webcast 10 to 15 minutes prior to the start of the call at www.lyondellbasell.com/earnings. Toll-free teleconference dial-in numbersParticipant/Guest toll-free: 877-407-8029Participant/Guest toll: 201-689-8029Participant/Guest: CallMe link Presentation sl
HOUSTON and LONDON, Oct. 04, 2024 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE:LYB), a leader in the global chemical industry, will announce its third-quarter 2024 financial results before the U.S. market opens Friday, Nov. 1, followed by a webcast and teleconference to discuss the results at 11 a.m. EDT. Teleconference and webcast detailsFriday, Nov. 1, 202411 a.m. EDTHosted by David Kinney, head of investor relationsAccess the webcast 10 to 15 minutes prior to the start of the call at www.lyondellbasell.com/earnings. Toll-free teleconference dial-in numbersParticipant/Guest toll-free: 877-407-8029Participant/Guest toll: 201-689-8029Participant/Guest: CallMe link Presentation sl