84.82 0.00 (0.00%)
After hours: 4:49PM EST
|Bid||81.00 x 800|
|Ask||94.20 x 800|
|Day's Range||84.09 - 86.75|
|52 Week Range||82.41 - 121.95|
|Beta (3Y Monthly)||1.56|
|PE Ratio (TTM)||5.66|
|Earnings Date||Feb 1, 2019|
|Forward Dividend & Yield||4.00 (4.74%)|
|1y Target Est||107.74|
In a press release on December 6, Eastman Chemical’s (EMN) board announced that it increased its regular quarterly cash dividend. To be eligible for the dividend, investors should hold Eastman Chemical shares at the close of December 17 in the company’s record. Eastman Chemical has increased its annual dividend for the ninth consecutive time.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We have processed the filings of the more than 700 world-class investment firms that we track and now have access to the collective wisdom contained in […]
In the past six months, the number of analysts tracking LyondellBasell (LYB) fell from 23 to 20. Analysts’ consensus view indicates a target price of $106.5 for LyondellBasell, which implies a return potential of 20.7% over the closing price as of December 6. In the past three months, analysts have reduced their target price from $120.25 to the current target price.
LyondellBasell (LYB) declared its fourth-quarter dividend in a press release on November 30. To be part of the dividend, investors should hold LyondellBasell shares at the close on December 10 in the company’s records. LyondellBasell is expected to pay the dividend on December 17.
As of the close on December 6, LyondellBasell’s (LYB) dividend yield was 4.53%—the highest dividend yield recorded in the past six years on a sequential basis. Eastman Chemical (EMN), Celanese (CE), and Huntsman Chemical (HUN) have current dividend yields of 2.9%, 2.1%, and 3.2%, respectively. In comparison, LyondellBasell’s dividend yield is the best among the selected peers.
In a press release on December 5, LyondellBasell (LYB) announced that it had granted Spherizone licenses to China Petroleum Materials Limited (CPMC) and PetroChina Liaoyang Petrochemical (LYPC). LyondellBasell’s Spherizone is the latest polypropylene process technology with a multi-zone reactor that helps to produce high-performance polypropylene and other polyolefins.
About 100 United Steelworkers union (USW) members rallied on Wednesday outside a LyondellBasell Industries Houston oil refinery to protest the lack of negotiations there on a new local contract. Talks on a national oil-workers agreement are due to begin next month with Shell Oil Co, the U.S. unit of Royal Dutch Shell Plc, as the lead industry negotiator. Local groups are beginning discussions, however, on individual plant issues ahead of the national talks.
Analysts’ interest in Albemarle (ALB) has increased compared to the previous three months. Currently, 23 analysts are actively tracking the stock. Among the analysts, 74% recommend a “buy,” 22% recommend a “hold,” and 4% recommend a “sell.” Analysts’ views and recommendations are vital for investors. The recommendations help investors track the stock price movements.
In a press release today, LyondellBasell (LYB) announced its fourth-quarter dividend. LyondellBasell’s board declared a dividend of $1.00 per share, which is flat compared to the dividend rate last quarter. Assuming no buybacks, LyondellBasell would pay $387.17 million in dividends.
The 13F filings on September 30 indicate that institutional investors own ~93.4% of Albemarle’s (ALB) outstanding shares. A total of 652 institutions hold Albemarle. Among the institutional holders, 298 increased their positions on Albemarle, 260 reduced their positions, and 94 maintained their positions.
Eastman Chemical (EMN) hit an all-time high of $109.30 in 2018. On a year-to-date basis, Eastman Chemical stock has declined 14.6%. Eastman Chemical stock has also underperformed Celanese (CE), which has declined 6.1%.
HOUSTON and LONDON, Nov. 30, 2018 /PRNewswire/ -- LyondellBasell (LYB), one of the largest plastics, chemicals and refining companies in the world, today announced that it has declared a dividend of $1.00 per share, to be paid December 17, 2018 to shareholders of record December 10, 2018, with an ex-dividend date of December 7, 2018. The company also announced that effective today, Michael Hanley has joined LyondellBasell's board of directors, filling the vacancy caused by the previously announced resignation of director Robert G. Gwin. Hanley has more than 25 years of experience in senior management and finance roles, including as Chief Financial Officer of Alcan and as Senior Vice President, Operations and Strategy at the National Bank of Canada.
Eastman Chemical’s (EMN) debt, which has decreased since 2015, was reflected in the declining interest expense. Since 2015, Eastman Chemical’s interest expense has fallen ~10% from $263 million to the projected $236 million for fiscal 2018. Eastman Chemical replaced notes that carried higher coupon rates with notes that carried lower coupon rates.
LyondellBasell (LYB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
In the previous part, we discussed Eastman Chemical’s (EMN) debt position and its debt-to-equity ratio. In this part, we’ll discuss Eastman Chemical’s free cash flow trend. We’ll see if Eastman Chemical’s free cash flow could bring down its debt level.
At the end of the third quarter, Eastman Chemical’s (EMN) total debt stood at $6.62 billion. The company’s debt increased after declining for three years. Since 2012, Eastman Chemical’s debt has grown at a compound annual growth rate of ~7.0%. The debt includes long-term borrowings and the borrowings due to be paid within one year.
NEW YORK, Nov. 29, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
On November 20, Eastman Chemical (EMN) announced that its Saflex manufacturing sites have successfully completed the IATF (International Automotive Task Force) 16949:2016 quality standards. Earlier Saflex had quality certification of ISO/TS 16949. The IATF certification is considered to be the most widely used international standard quality management system in the automotive industry.
On November 21, Linde (LIN), which merged with Praxair, announced that it signed an agreement with NLMK, an international steel product manufacturer, to supply industrial gases like oxygen, nitrogen, and argon to its Novolipetsk steel site in Russia. To supply the required gases, Linde will likely invest 100 million euros to build a new air separation unit at the steel plant facility. The new air separation plant is expected to have a capacity of 72,000 cubic meters of gaseous oxygen per hour.
In a press release on November 21, Celanese (CE) announced that it would increase the price of acetic acid. The price increase will only be effective in China. The price increase will be effective immediately or as the contract allows. The acetic acid price in China will be higher by 515 renminbi per metric ton. The price increase is in addition to the previously announced price increases.
Today we’re going to take a look at the well-established LyondellBasell Industries NV (NYSE:LYB). The company’s stock saw significant share price volatility over the past couple of months on the Read More...
On November 16, Westlake Chemical (WLK) announced the key dates for its fourth-quarter dividend. Investors are required to hold Westlake Chemical shares as of the close on November 27 in the company’s record book. The dividend is expected to be paid on December 11. Westlake Chemical didn’t change its dividend rate over the previous quarter and declared a dividend of $0.25 per share for the fourth quarter.
On November 13, DowDuPont (DWDP) announced that it intends to raise $12.7 billion in debt through senior notes. On November 14, DowDuPont priced its notes. The offer is expected to be completed by November 28. Below are the details of the senior notes that will be issued: $1.5 billion carrying coupon rate of ~3.76% due in 2020 $2.5 billion carrying coupon rate of ~4.20% due in 2023 $1.85 billion carrying coupon rate of ~4.5% due in 2025 $2.25 billion carrying coupon rate of ~4.73% due in 2028 $1.65 billion carrying coupon rate of ~5.32% due in 2038 $2.15 billion carrying coupon rate of ~5. ...