Wolfe Research initiated coverage of LyondellBasell with a rating of Underperform
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
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
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
4 - LyondellBasell Industries N.V. (0001489393) (Issuer)
4 - LyondellBasell Industries N.V. (0001489393) (Issuer)
4 - LyondellBasell Industries N.V. (0001489393) (Issuer)
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)
8-K - LyondellBasell Industries N.V. (0001489393) (Filer)
10-Q - LyondellBasell Industries N.V. (0001489393) (Filer)
8-K/A - LyondellBasell Industries N.V. (0001489393) (Filer)
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, 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
UBS analyst Joshua Spector maintains LyondellBasell Industries (NYSE:LYB) with a Neutral and lowers the price target from $106 to $101.
https://www.lyondellbasell.com/en/news-events/corporate--financial-news/lyondellbasell-expands-pp-compounding-production-in-china/
LyondellBasell (LYB) and Alujain Corporation (Alujain) today announced completion of the acquisition of a 35% interest in Saudi Arabia–based National Petrochemical Industrial Company (NATPET) by LYB from Alujain.The joint venture is enabled by LYB Spheripol polypropylene (PP) technology and positions LYB to profitably expand its core PP business by gaining access to advantaged feedstocks and additional product marketing volumes.