LYB - LyondellBasell Industries N.V.

NYSE - NYSE Delayed Price. Currency in USD
89.00
-0.67 (-0.75%)
At close: 4:03PM EDT

89.00 0.00 (0.00%)
After hours: 4:53PM EDT

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Previous Close89.67
Open89.00
Bid88.39 x 1400
Ask89.54 x 800
Day's Range87.31 - 89.60
52 Week Range68.61 - 106.61
Volume4,581,542
Avg. Volume3,376,779
Market Cap29.837B
Beta (3Y Monthly)1.52
PE Ratio (TTM)9.34
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield4.20 (4.68%)
Ex-Dividend Date2019-09-03
1y Target EstN/A
Trade prices are not sourced from all markets
All
News
Press Releases
  • PR Newswire

    LyondellBasell to Host Investor Day 2019 on September 24, 2019

    HOUSTON and LONDON, Sept. 17, 2019 /PRNewswire/ -- LyondellBasell (LYB) will hold Investor Day 2019 in Houston on September 24 from 7:30 a.m. to 11:30 a.m. CDT. The program will feature presentations from CEO Bob Patel and other LyondellBasell executives highlighting corporate strategy, business plans and performance. A live webcast featuring both audio and presentation slides will be available via the Investor Events page on the company website, www.LyondellBasell.com/investorevents.

  • PR Newswire

    LyondellBasell Prices Public Offering of Guaranteed Notes

    HOUSTON and LONDON, Sept. 10, 2019 /PRNewswire/ -- LyondellBasell Industries N.V. (LYB) ("LyondellBasell") announced today that LYB International Finance II B.V., its wholly-owned subsidiary, priced a public offering (the "Offering") of €500 million aggregate principal amount of 0.875% Guaranteed Notes due 2026 (the "2026 Notes") and €500 million aggregate principal amount of 1.625% Guaranteed Notes due 2031 (together with the 2026 Notes, the "Notes"). The Notes will be fully and unconditionally guaranteed by LyondellBasell. The Offering is expected to close on September 17, 2019, subject to the satisfaction of customary closing conditions. The net proceeds of the Offering are expected to be used to repay the $1,000 million of indebtedness outstanding under LyondellBasell's $4,000 million three-year term loan facility and a portion of LyondellBasell's outstanding short-term debt, including commercial paper.

  • PR Newswire

    LyondellBasell Announces Quarterly Dividend

    HOUSTON and LONDON, Aug. 23, 2019 /PRNewswire/ -- LyondellBasell (LYB), one of the largest plastics, chemicals and refining companies in the world, today announced that it has declared a dividend of $1.05 per share, to be paid September 11, 2019 to shareholders of record September 4, 2019, with an ex-dividend date of September 3, 2019. LyondellBasell (LYB) is one of the largest plastics, chemicals and refining companies in the world. Driven by its employees around the globe, LyondellBasell produces materials and products that are key to advancing solutions to modern challenges like enhancing food safety through lightweight and flexible packaging, protecting the purity of water supplies through stronger and more versatile pipes, improving the safety, comfort and fuel efficiency of many of the cars and trucks on the road, and ensuring the safe and effective functionality in electronics and appliances.

  • PR Newswire

    LyondellBasell Reports Second Quarter 2019 Earnings

    HOUSTON and LONDON , Aug. 2, 2019 /PRNewswire/ -- Second Quarter 2019 Highlights Net Income: $1.0 billion Diluted earnings per share: $2.70 per share EBITDA: $1.6 billion , an increase of 11% over the ...

  • PR Newswire

    LyondellBasell to Discuss Second-Quarter Results on Friday, August 2, 2019

    HOUSTON and LONDON, July 19, 2019 /PRNewswire/ -- LyondellBasell (NYSE: LYB), one of the largest plastics, chemicals and refining companies in the world, will announce second-quarter 2019 financial results ...

  • PR Newswire

    LyondellBasell Announces Final Results of Modified Dutch Auction Tender Offer

    HOUSTON and LONDON, July 12, 2019 /PRNewswire/ -- LyondellBasell (LYB) today announced the final results of its "modified Dutch Auction" tender offer, which expired one (1) minute after 11:59 p.m., New York City time, on July 8, 2019. LyondellBasell has accepted for purchase 35,144,596 shares at a price of $88.00 per share, for an aggregate cost of approximately $3.09 billion, excluding fees and expenses relating to the tender offer. J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC acted as dealer managers for the tender offer.

  • PR Newswire

    LyondellBasell Announces Preliminary Results of Modified Dutch Auction Tender Offer

    HOUSTON and LONDON, July 9, 2019 /PRNewswire/ -- LyondellBasell (LYB) today announced the preliminary results of its "modified Dutch Auction" tender offer, which expired one (1) minute after 11:59 p.m., New York City time, on July 8, 2019. In accordance with the terms and conditions of the tender offer and based on the preliminary count by the Depositary, LyondellBasell expects to acquire approximately 35,145,068 shares at a price of $88.00 per share, for an aggregate cost of approximately $3.09 billion, excluding fees and expenses relating to the tender offer.  These shares represent approximately 9.5 percent of the shares outstanding as of July 8, 2019.

  • PR Newswire

    LyondellBasell Announces Final Daily VWAP and Final Price Cap of Tender Offer to Purchase Up to 37,000,000 of Its Shares

    The final Daily VWAP is $87.3671 and the Final Price Cap for the tender offer is $96.1038. As set forth in the offer to purchase, the "Daily VWAP" is the daily per share volume-weighted average price for Shares on the New York Stock Exchange, as defined in more detail in the offer to purchase and the "Final Price Cap" is a price that equals 110% of the Daily VWAP on the Expiration Date of the tender offer. Since the Final Price Cap of $96.1038 is greater than $88.00, the greatest single per Share price that the Company could pay for Shares properly tendered and not properly withdrawn from the tender offer, the Final Price Cap will not affect the single per Share price (the "Final Purchase Price") the Company will pay for Shares properly tendered and not properly withdrawn from the tender offer.

  • PR Newswire

    LyondellBasell names Ken Lane executive vice president, Global Olefins & Polyolefins

    HOUSTON and LONDON, July 3, 2019 /PRNewswire/ -- LyondellBasell (LYB), one of the largest plastics, chemicals and refining companies in the world, today announced Kenneth (Ken) Lane will assume the role of executive vice president, Global Olefins & Polyolefins (O&P) effective July 15. Lane will have responsibility for the O&P Americas and O&P Europe Asia International (EAI) segments, reporting to Chief Executive Officer Bob Patel. Prior to joining LyondellBasell, Lane held a variety of positions with BASF, including president of the Monomers Division and president of BASF Catalysts.

  • PR Newswire

    LyondellBasell Announces Guidance for Second Quarter 2019 Financial Results

    HOUSTON and LONDON, June 26, 2019 /PRNewswire/ -- LyondellBasell (LYB), one of the largest plastics, chemicals and refining companies in the world, today announced net income, EBITDA and earnings per share guidance for its second quarter financial results. Based on currently available information, LyondellBasell expects that second quarter EBITDA will improve by approximately 10 to 20 percent over results for the first quarter of 2019. Net income is expected to be in the range of $1,035 million to $1,080 million with EBITDA projected between $1,575 million to $1,675 million and diluted earnings between $2.79 and $2.91 per share.

  • LyondellBasell and Neste announce commercial-scale production of bio-based plastic from renewable materials
    CNW Group

    LyondellBasell and Neste announce commercial-scale production of bio-based plastic from renewable materials

    ROTTERDAM, Netherlands , June 18, 2019 /CNW/ -- LyondellBasell (LYB), one of the largest plastics, chemicals and refining companies in the world, and Neste (NESTE, Nasdaq Helsinki), the world's largest producer of renewable diesel from waste and residues, today jointly announce the first parallel production of bio-based polypropylene and bio-based low-density polyethylene at a commercial scale.

  • PR Newswire

    LyondellBasell Announces Commencement of Modified Dutch Auction Tender Offer to Purchase Up to 37,000,000 of Its Shares

    If the Final Price Cap is determined to be less than $77.00 per Share, which is the low end of the price range in the tender offer, the Company will not purchase any Shares tendered, unless it decides, in its sole discretion, to amend or extend the offer in accordance with applicable law. The tender offer is made in accordance with the terms and subject to the conditions described in the offer to purchase, the related letter of transmittal and other related materials, as each may be amended or supplemented from time to time. The closing price of the Shares on the New York Stock Exchange on June 7, 2019, the last full trading day before the commencement of the tender offer, was $79.22 per Share.

  • PR Newswire

    LyondellBasell and Odebrecht S.A. End Discussions Regarding Braskem Acquisition

    HOUSTON and LONDON, June 4, 2019 /PRNewswire/ -- LyondellBasell (LYB), one of the largest plastics, chemicals and refining companies in the world, today announced it has ended discussions with Odebrecht S.A. concerning the potential acquisition of Braskem. Odebrecht S.A. is the controlling shareholder of São Paulo-based Braskem. "The combination of LyondellBasell and Braskem is compelling because of the companies' complementary strengths, product portfolios and operational footprints.

  • PR Newswire

    LyondellBasell Announces Leadership Changes

    HOUSTON and LONDON, May 31, 2019 /PRNewswire/ -- LyondellBasell (LYB), one of the largest plastics, chemicals and refining companies in the world, today announced the following senior leadership changes. Thomas Aebischer, executive vice president and chief financial officer, has announced his intention to retire at the end of 2019. Aebischer joined LyondellBasell in January 2016 and played an instrumental role in building and enhancing the corporate finance function, helping to shape the company's growth strategy and leading the standardization of key business processes.

  • PR Newswire

    LyondellBasell Announces Increase to Quarterly Dividend and Shareholder Approval of Share Repurchase Program

    HOUSTON and LONDON, May 31, 2019 /PRNewswire/ -- LyondellBasell (LYB), one of the largest plastics, chemicals and refining companies in the world, today announced that its Board of Directors has declared a quarterly dividend of $1.05 per share, representing a five percent increase over the company's first quarter 2019 dividend. The dividend will be paid June 17, 2019 to shareholders of record June 10, 2019, with an ex-dividend date of June 7, 2019. "LyondellBasell's commitment to providing a progressively growing dividend for our shareholders is the foundation of our capital deployment strategy," said Bob Patel, CEO of LyondellBasell.

  • PR Newswire

    LyondellBasell to Address Goldman Sachs Industrials & Materials Conference

    HOUSTON and LONDON, May 8, 2019 /PRNewswire/ -- LyondellBasell (LYB), one of the largest plastics, chemicals and refining companies in the world, today announced Thomas Aebischer, executive vice president and chief financial officer, will address investors at the Goldman Sachs Industrials & Materials Conference in New York at 2:20 p.m. EDT on May 15, 2019. LyondellBasell (LYB) is one of the largest plastics, chemicals and refining companies in the world. Driven by its employees around the globe, LyondellBasell produces materials and products that are key to advancing solutions to modern challenges like enhancing food safety through lightweight and flexible packaging, protecting the purity of water supplies through stronger and more versatile pipes, improving the safety, comfort and fuel efficiency of many of the cars and trucks on the road, and ensuring the safe and effective functionality in electronics and appliances.

  • PR Newswire

    LyondellBasell Reports First Quarter 2019 Earnings

    HOUSTON and LONDON , April 26, 2019 /PRNewswire/ -- First Quarter 2019 Highlights Net Income: $0.8 billion Diluted earnings per share: $2.19 per share EBITDA: $1.4 billion Issued dividends and repurchased ...

  • LyondellBasell CEO Bob Patel to Receive 2019 ICIS Kavaler Award as Two-time Winner
    PR Newswire

    LyondellBasell CEO Bob Patel to Receive 2019 ICIS Kavaler Award as Two-time Winner

    LONDON and NEW YORK, April 17, 2019 /PRNewswire/ -- The 2019 ICIS Kavaler Award, sponsored by The Chemists' Club and in association with The Valence Group, will be awarded to Bob Patel, CEO of LyondellBasell, for outstanding achievement, as voted on and recognised by his peers. It will be the second consecutive year that Mr Patel has received the award, and the first instance of a repeat winner. This prestigious and unique global chemicals industry award will be presented to Mr Patel at a black tie dinner ceremony on Thursday, September 19, 2019 in New York City.

  • LyondellBasell's Bayport Complex Propylene Oxide Plant Turns 50
    PR Newswire

    LyondellBasell's Bayport Complex Propylene Oxide Plant Turns 50

    PASADENA, Texas, April 16, 2019 /PRNewswire/ -- LyondellBasell's Bayport Complex in Pasadena, Texas, today commemorated 50 years of operation at its propylene oxide plant and provided an update on their role in the company's most significant capital project to date, the construction of the largest propylene oxide (PO), tertiary butyl alcohol (TBA) plant in the world. "Today we are proud to celebrate a half century of operations, and our talented and dedicated colleagues who laid the foundation for our success," said Stephen Goff, LyondellBasell Bayport Complex site manager.

  • GlobeNewswire

    LyondellBasell to Streamline its Worldwide Legal Operations with SimpleLegal Platform

    SimpleLegal, a modern legal operations platform offering e-Billing and spend management, matter management and legal analytics software, is proud to announce that LyondellBasell (LYB), one of the largest plastics, chemicals and refining companies in the world, selected SimpleLegal’s platform to power their global legal department. Today, many corporate legal departments faced with the challenges of operating within a global multinational corporation are turning to SimpleLegal. With the SimpleLegal platform, LyondellBasell is equipped to increase department productivity, better monitor and measure legal matters, and reduce overall expenditures.

  • PR Newswire

    LyondellBasell to Discuss First-Quarter Results on Friday, April 26, 2019

    HOUSTON and LONDON, April 12, 2019 /PRNewswire/ -- LyondellBasell (NYSE: LYB), one of the largest plastics, chemicals and refining companies in the world, will announce first-quarter 2019 financial results ...

  • PR Newswire

    A. Schulman, Inc., a LyondellBasell Subsidiary, Announces Convertible Special Stock Dividend

    HOUSTON and LONDON, April 3, 2019 /PRNewswire/ -- LyondellBasell (LYB), one of the largest plastics, chemicals and refining companies in the world, today announced that its wholly owned subsidiary, A. Schulman, Inc., has declared a quarterly dividend of $15.00 per share for A. Schulman's convertible special stock. The dividend is payable on May 1, 2019 to shareholders of record as of April 15, 2019. This dividend is only payable to shareholders of A. Schulman convertible special stock and is independent of LyondellBasell's quarterly dividend.

  • PR Newswire

    LyondellBasell to Address JP Morgan Aviation, Transportation & Industrials Conference

    HOUSTON and LONDON, Feb. 28, 2019 /PRNewswire/ -- LyondellBasell (LYB), one of the largest plastics, chemicals and refining companies in the world, today announced Bob Patel, chief executive officer, will address investors at the JP Morgan Aviation, Transportation & Industrials Conference in New York at 2:05 p.m. EST on March 6, 2019. LyondellBasell (LYB) is one of the largest plastics, chemicals and refining companies in the world.