BofA Securities upgraded LyondellBasell from Underperform to Neutral and set a new price target of $107.00 from $99.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/9/2025 | $62.00 | Outperform → Sector Perform | RBC Capital Mkts |
| 4/7/2025 | $51.00 | Neutral → Sell | UBS |
| 4/4/2025 | $60.00 | Overweight → Neutral | 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 |
Houston, May 06, 2025 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE:LYB) announced today that LYB International Finance III, LLC, its wholly-owned subsidiary, priced a public offering (the "Offering") of $500,000,000 aggregate principal amount of 6.150% Guaranteed Notes due 2035 (the "Notes"). The Notes will be fully and unconditionally guaranteed by LyondellBasell. The Offering is expected to close on May 15, 2025, subject to the satisfaction of customary closing conditions. The net proceeds of the Offering are expected to be used for general corporate purposes, which may include the repayment of the 1.25% Guaranteed Notes due 2025 issued by LYB International Finance III, LLC. BofA Securit
HOUSTON and LONDON, April 25, 2025 (GLOBE NEWSWIRE) -- Net income: $177 million, $110 million excluding identified items1Diluted earnings per share: $0.54 per share; $0.33 per share excluding identified itemsEBITDA: $655 million, $576 million excluding identified itemsCash used by operating activities: $579 millionReturned $543 million to shareholders through dividends and share repurchasesPrioritized strategic actions on the company's three-pillar strategy: Strengthened U.S. Gulf Coast position with final investment decision to grow propylene productionOptimizing global footprint with allocation for cost-advantaged Saudi Arabian feedstocksUpgraded the portfolio by announcing closure
HOUSTON, April 15, 2025 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE:LYB), a global leader in the chemical industry, today released its 2024 Sustainability Report, demonstrating significant progress in circular and low-carbon solutions, climate action and operational excellence. "At LYB, sustainability is an opportunity to reimagine the future and create long-term value," said Peter Vanacker, CEO of LyondellBasell. "Our 2024 report, ‘From Vision to Value,' highlights how we are rethinking the status quo and accelerating progress towards a circular and low-carbon future by investing in innovative technologies, strengthening collaborations, and embedding sustainability into our core strategy."
4 - LyondellBasell Industries N.V. (0001489393) (Issuer)
4 - LyondellBasell Industries N.V. (0001489393) (Issuer)
4 - LyondellBasell Industries N.V. (0001489393) (Issuer)
HOUSTON and LONDON, April 25, 2025 (GLOBE NEWSWIRE) -- Net income: $177 million, $110 million excluding identified items1Diluted earnings per share: $0.54 per share; $0.33 per share excluding identified itemsEBITDA: $655 million, $576 million excluding identified itemsCash used by operating activities: $579 millionReturned $543 million to shareholders through dividends and share repurchasesPrioritized strategic actions on the company's three-pillar strategy: Strengthened U.S. Gulf Coast position with final investment decision to grow propylene productionOptimizing global footprint with allocation for cost-advantaged Saudi Arabian feedstocksUpgraded the portfolio by announcing closure
HOUSTON and LONDON, Feb. 28, 2025 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE:LYB) today announced it has declared a dividend of $1.34 per share, to be paid to shareholders on March 17, 2025, with an ex-dividend and record date of March 10, 2025. 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, manufactu
LYB remained sharply focused on executing its three-pillar strategyGenerated $3.8 billion of cash from operating activities with 90% cash conversion1Cash from operating activities funded $1.8 billion of capital expenditures and $1.9 billion in shareholder returns through dividends (with 14th consecutive year of annual dividend growth) and share repurchasesDelivered 65% year-over-year volume growth2 in the company's Circular and Low Carbon Solutions (CLCS) businessAnnounced Agustin Izquierdo to succeed Michael McMurray as CFO effective March 1, 2025 HOUSTON and LONDON, Jan. 31, 2025 (GLOBE NEWSWIRE) -- LyondellBasell Industries (NYSE:LYB) today announced results for the fourth quarter 2024
RBC Capital Mkts downgraded LyondellBasell from Outperform to Sector Perform and set a new price target of $62.00
UBS downgraded LyondellBasell from Neutral to Sell and set a new price target of $51.00
Analyst downgraded LyondellBasell from Overweight to Neutral and set a new price target of $60.00
4 - LyondellBasell Industries N.V. (0001489393) (Issuer)
4 - LyondellBasell Industries N.V. (0001489393) (Issuer)
4 - LyondellBasell Industries N.V. (0001489393) (Issuer)
8-K - LyondellBasell Industries N.V. (0001489393) (Filer)
10-Q - LyondellBasell Industries N.V. (0001489393) (Filer)
8-K - LyondellBasell Industries N.V. (0001489393) (Filer)
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
SC 13G/A - LyondellBasell Industries N.V. (0001489393) (Subject)
SC 13G/A - LyondellBasell Industries N.V. (0001489393) (Subject)
SC 13D/A - LyondellBasell Industries N.V. (0001489393) (Subject)