LYB - LyondellBasell Industries N.V.

NYSE - NYSE Delayed Price. Currency in USD
88.22
-0.07 (-0.08%)
At close: 4:06PM EDT
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Previous Close88.29
Open87.13
Bid85.67 x 800
Ask110.15 x 900
Day's Range86.57 - 88.57
52 Week Range68.61 - 106.61
Volume2,317,337
Avg. Volume3,387,534
Market Cap29.575B
Beta (3Y Monthly)1.52
PE Ratio (TTM)9.26
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield4.20 (4.76%)
Ex-Dividend Date2019-09-03
1y Target EstN/A
Trade prices are not sourced from all markets
  • LyondellBasell Announces Public Offering of Guaranteed Notes
    Zacks

    LyondellBasell Announces Public Offering of Guaranteed Notes

    LyondellBasell (LYB) is expected to utilize the net proceeds from the offering for clearing debt.

  • LyondellBasell prices $1.1B public note offering to repay debts
    American City Business Journals

    LyondellBasell prices $1.1B public note offering to repay debts

    LyondellBasell will use the proceeds to pay off part of its three-year term loan facility and part of its short-term debt.

  • Benzinga

    Notable Insider Buys In The Past Week: Coty, LyondellBasell, PVH

    Insider buying can be an encouraging signal for potential investors. A couple of consumer goods companies saw notable insider buying this past week. A beneficial owner increased a stake in an industrial giant as well.

  • Largest Insider Trades of the Week
    GuruFocus.com

    Largest Insider Trades of the Week

    Insiders dump shares of Facebook, Snap Continue reading...

  • Reuters

    LyondellBasell in MOU with China's Bora for $12 bln chemical investments - Xinhua

    Chemical and fuel company LyondellBasell Industries entered a memorandum of understanding with China's Bora Enterprise Group to build a chemical complex in northeast China, state media Xinhua reported on Thursday. Under the MOU, the companies agreed to invest $12 billion over the next 10 years in a series of petrochemical projects in Liaoning's Panjin city.

  • Is LyondellBasell Industries (LYB) a Good Value Investor Pick?
    Zacks

    Is LyondellBasell Industries (LYB) a Good Value Investor Pick?

    Let's see if LyondellBasell Industries (LYB) stock is a good choice for value-oriented investors right now from multiple angles.

  • GuruFocus.com

    Weekly CEO Buys Highlight

    Details the CEO buys this past week for the following companies: East West Bancorp, Intel, LyondellBasell Industries, TriState Capital Holdings and W&T; Offshore Continue reading...

  • 10 Stocks for Big Short-Term Gains
    Investopedia

    10 Stocks for Big Short-Term Gains

    Looking for some stock tips? Morgan Stanley's Fresh Money Buy List has a shortlist of stocks poised to outperform in the next three to six months.

  • LyondellBasell (LYB) Down 5% Since Last Earnings Report: Can It Rebound?
    Zacks

    LyondellBasell (LYB) Down 5% Since Last Earnings Report: Can It Rebound?

    LyondellBasell (LYB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Thomson Reuters StreetEvents

    Edited Transcript of LYB earnings conference call or presentation 2-Aug-19 3:00pm GMT

    Q2 2019 LyondellBasell Industries NV Earnings Call

  • GuruFocus.com

    Lyondellbasell Industries Nv (LYB) CEO Bhavesh V. Patel Bought $498,887 of Shares

    CEO of Lyondellbasell Industries Nv (30-Year Financial, Insider Trades) Bhavesh V. Patel (insider trades) bought 7,246 shares of LYB on 08/23/2019 at an average price of $68.85 a share. Continue reading...

  • LyondellBasell's Spheripol Selected by Sonatrach and TOTAL JV
    Zacks

    LyondellBasell's Spheripol Selected by Sonatrach and TOTAL JV

    LyondellBasell's (LYB) Spheripol technology enables customers to diversify and enhance their polypropylene product portfolio with outstanding monomer efficiency.

  • Top Stock Reports: Micron, Sinopec, Celgene & More
    Zacks

    Top Stock Reports: Micron, Sinopec, Celgene & More

    Top Stock Reports: Micron, Sinopec, Celgene & More

  • Are Investors Undervaluing LyondellBasell (LYB) Right Now?
    Zacks

    Are Investors Undervaluing LyondellBasell (LYB) Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Lyondellbasell Industries N.V. (LYB) Q2 2019 Earnings Call Transcript
    Motley Fool

    Lyondellbasell Industries N.V. (LYB) Q2 2019 Earnings Call Transcript

    LYB earnings call for the period ending June 30, 2019.

  • LyondellBasell's (LYB) Q2 Earnings and Sales Trail Estimates
    Zacks

    LyondellBasell's (LYB) Q2 Earnings and Sales Trail Estimates

    In Q2, LyondellBasell's (LYB) Refining segment swung to loss on a year-over-year basis.

  • LyondellBasell (LYB) Misses Q2 Earnings and Revenue Estimates
    Zacks

    LyondellBasell (LYB) Misses Q2 Earnings and Revenue Estimates

    LyondellBasell (LYB) delivered earnings and revenue surprises of -3.17% and -2.25%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Why Earnings Season Could Be Great for LyondellBasell (LYB)
    Zacks

    Why Earnings Season Could Be Great for LyondellBasell (LYB)

    LyondellBasell (LYB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

  • LyondellBasell (LYB) to Post Q2 Earnings: What's in Store?
    Zacks

    LyondellBasell (LYB) to Post Q2 Earnings: What's in Store?

    Our proven model shows that LyondellBasell (LYB) is likely to beat estimates in Q2.

  • Analysts Estimate LyondellBasell (LYB) to Report a Decline in Earnings: What to Look Out for
    Zacks

    Analysts Estimate LyondellBasell (LYB) to Report a Decline in Earnings: What to Look Out for

    LyondellBasell (LYB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Trade Tariffs Cloud Diversified Chemical Industry Outlook
    Zacks

    Trade Tariffs Cloud Diversified Chemical Industry Outlook

    Trade Tariffs Cloud Diversified Chemical Industry Outlook

  • Top Ranked Income Stocks to Buy for July 24th
    Zacks

    Top Ranked Income Stocks to Buy for July 24th

    Top Ranked Income Stocks to Buy for July 24th

  • LyondellBasell asks shareholders to approve repurchasing billions of dollars' worth of additional shares
    American City Business Journals

    LyondellBasell asks shareholders to approve repurchasing billions of dollars' worth of additional shares

    The company is already nearly through the repurchase authorization its shareholders gave it at the most recent annual meeting.

  • Buy Dow Stock for the Dividend as the Breakup Dust Settles
    InvestorPlace

    Buy Dow Stock for the Dividend as the Breakup Dust Settles

    After several years of planning, negotiations, talking with regulators, and other such work, the great DowDuPont (Dow ((NYSE:DOW)), DuPont ((NYSE:DD)) merger and subsequent breakup is complete. The old Dow Chemical and DuPont merged awhile ago with the explicit intention to break back up afterward. Why'd they do this? And what's it mean for the new DOW stock? Click to Enlarge Source: Shutterstock The strategic rationale is a solid one. Both Dow and DuPont had a lot of businesses and product lines that competed directly with each other. The firms were fierce rivals, in fact.By bringing everything together in one company, Dow and DuPont could stop needlessly competing with each other. However, the combined firm was an absolute industrial behemoth. To keep things manageable, the companies decided to split the united organization up into three standalone entities.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks to Buy From This Superstar Fund With the completed spin-off of Corteva (NYSE:CTVA) earlier this spring, the long M&A process is finally over. DowDupont has now fully demerged into three entities: Dow, Dupont and Corteva. Dow is the commodity chemical business, with a general focus on products made out of hydrocarbons. DuPont makes a wide variety of chemicals that go into a large number of industrial applications. Corteva is the smallest firm of the three and focuses exclusively on agricultural seeds and chemicals. DuPont and Corteva Offer More GrowthOf the three firms, Corteva should offer investors the most growth prospects. Its seeds business, in particular, is a strong one. It has only a few rivals, namely Monsanto and Syngenta. Both of those firms produced massive shareholder returns in recent decades before being acquired. Farmers rely on the trio of those two, plus Corteva, for cutting-edge seeds that boost agricultural production and help resist pests and drought among other maladies.Corteva's agricultural chemicals are also designed, in large part, to work in combination with its GMO seeds. Both Dow and DuPont had a strong business in agriculture, so the combined firm should be a winner. I added to my CTVA stock position after the spin-off concluded.DuPont is another interesting option out of the three. Post-M&A activity, DuPont is now exposed to a vast number of businesses. These range from kitchen plastic wrap to Kevlar vests, micro-components for automotive electronics and a long list of other such things. DuPont gets no more than 15% of its revenues from any one industry.This gives it wide diversification and protects it from a recession more than most other industrial firms. DD stock should offer folks a strong growth and income combination, though its starting 2% dividend yield isn't massive. The Best Option for Dividend InvestorsWhile DuPont and Corteva offer attractive growth, the main appeal for DOW stock is its generous dividend policy. DOW stock offers a 70 cent per quarter payout. That's $2.80 per year, or a nearly 5.5% dividend yield at the current Dow stock price.Based on current earnings projections, Dow can cover that payout from its earnings though it is certainly an aggressive payout. Over time, Dow should be able to grow its earnings, as it has cut nearly $1.4 billion in costs as a result of merger synergies. It expects to pick up several hundred million more in additional savings.Over time, Dow plans to return 65% of its cash flow to investors, with around 45% of that coming in the form of dividends. The rest will be devoted to DOW stock buybacks.This strategy makes a lot of sense. Dow is, generally, in a lot of slow-growing or mature businesses. It doesn't need to invest much in R&D as a result, unlike, say, Corteva with its next-gen agricultural seeds. So the new Dow is an ideal vehicle for income-focused investors. Dow Stock VerdictThat said, it's not all roses and sunshine for investors in the Dow Chemical. A lot of Dow's businesses are pretty stagnant. And a good number rely on oil as an input and are subject to margin pressures depending on commodity prices. As it is, analysts see Dow's revenues actually falling a bit in 2019 before leveling off in 2020 and 2021. The earnings growth, to the extent it comes, will be from cost savings. The share buyback should also raise EPS once it starts taking effect.There's a lot to like about Dow Inc's stock post-breakup if you are an income investor. The stock already yields 5.5%, which puts it at nearly triple the S&P 500's yield or that of 10-year treasury bonds.If Dow management is able to follow through on projected cost savings, it should be able to hike the dividend dramatically over the next two years. If management hits its projections, DOW stock's yield could reach 7% within a couple of years.Don't expect DOW stock to skyrocket anytime soon, however. Competitors like LyondellBasell Industries (NYSE:LYB) and Westlake Chemical (NYSE:WLK) trade at around 8x earnings.So Dow, at 9x, is actually slightly more expensive than its immediate peers. The dividend is great, but investors simply aren't going to value a stodgy low-growth chemical business very highly. And earnings - and the dividend - could get hit the next time a recession rolls around.At the time of this writing, Ian Bezek owned DOW, DD, and CTVA stock. You can reach him on Twitter at @irbezek. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy From This Superstar Fund * 7 Stocks to Buy This Summer Earnings Season * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk The post Buy Dow Stock for the Dividend as the Breakup Dust Settles appeared first on InvestorPlace.