|Bid||85.00 x 900|
|Ask||0.00 x 900|
|Day's Range||92.86 - 96.31|
|52 Week Range||85.60 - 121.95|
|Beta (3Y Monthly)||1.54|
|PE Ratio (TTM)||6.37|
|Earnings Date||Feb 1, 2019|
|Forward Dividend & Yield||4.00 (4.20%)|
|1y Target Est||108.90|
LyondellBasell Industries NV is close to presenting a binding offer to acquire control of Brazilian petrochemical company Braskem SA, two people with knowledge of the matter said. LyondellBasell is discussing the extension of a long-term naphtha supply contract with Petroleo Brasileiro SA seen as pivotal to valuing Braskem, and talks between the companies are expected to finish over the next days, the sources said, asking for anonymity because talks are private. Once a long-term supply contract is established, LyondellBasell is expected to bid for control of Braskem, first through an offer to controlling shareholder Odebrecht SA. Odebrecht, a Brazilian conglomerate involved in the country's widest-ever corruption probe, has been forced to sell assets over the last two years.
HOUSTON and LONDON, Nov. 13, 2018 /PRNewswire/ -- LyondellBasell (LYB), one of the largest plastics, chemicals and refining companies in the world, today announced that Chief Financial Officer Thomas Aebischer will address investors at the Citi Basic Materials Conference in New York at 11:00 a.m. EST on November 27, 2018. 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.
In the fourth quarter, Air Products and Chemicals’ (APD) Industrial Gases–EMEA segment’s total revenue contribution expanded by 0.7 percentage points YoY (year-over-year) from 23.4% to 24.1%. The segment reported revenues of $554.7 million, which implies YoY revenue growth of 7.8%. In the fourth quarter of 2017, the segment reported revenues of $514.8 million.
DowDuPont’s (DWDP) Material Science segment, which is slated to be spun off and called Dow by the end of Q1 2019, accounted for 61.7% of DWDP’s total revenues in Q3 2018. In Q3 2017, this segment accounted for 59.9% of DWDP’s total revenue, a year-over-year increase of 1.8 percentage points.
DowDuPont (DWDP) reported Q3 2018 revenues of $20.12 billion, an increase of 10.0% over its pro forma revenues of $18.29 billion in Q3 2017. Analysts expected DWDP to report revenues of ~$20.21 billion. The revenue growth is significant considering the divestitures that Dow Chemical and DuPont made to facilitate the merger.
Air Products and Chemicals (APD) is expected to report adjusted EPS of $1.99 for the fourth quarter of fiscal 2018—an increase of ~13.1% from the corresponding quarter last year. In the fourth quarter of 2017, Air Products and Chemicals reported adjusted EPS of $1.76. Air Products and Chemicals’ projected growth in adjusted EPS is expected to be driven by higher sales growth and a lower tax rate.
DowDuPont (DWDP) announced its third-quarter earnings on November 1. The company reported revenues of ~$20.12 billion—10.0% growth compared to the pro forma revenues from continuing operations in the third quarter of 2017. The revenues fell marginally short of analysts’ expectations of $20.21 billion.
Analysts’ interest in International Flavors and Fragrances (IFF) has declined since the beginning of 2018. Currently, there are 12 analysts actively tracking the company. Among the 12 analysts, 42% recommended a “buy,” 42% recommended a “hold,” and 16% recommended a “sell.” Analysts seem to be widely divided about the stock.
International Flavors and Fragrances (IFF) is expected to report revenues of $895.83 million in its third-quarter earnings. If International Flavors and Fragrances meets analysts’ expectations, it would be the company’s highest third-quarter revenues. If the company meets the expectations, its third-quarter revenues will have risen at a compound annual growth rate of 3.8% in the past five years.
LyondellBasell (LYB) looks to capture value with expanded access to markets and incremental synergies from the integration of A. Schulman acquisition.
Investing.com - LyondellBasell Industries (NYSE:LYB) reported third quarter earnings that beat analyst's expectations on Tuesday and revenue that topped forecasts.
DowDuPont's Q3 Earnings: What Can Investors Expect? Dow Chemical and DuPont have divested several businesses to facilitate the merger. DowDuPont’s projected revenue growth is expected to be driven by improvements in all of its reporting segments.
On October 24, W.R. Grace (GRA) announced its regular quarterly dividend. GRA declared a dividend of $0.24 per share, implying dividend growth of 14.30% on a year-over-year basis.
DowDuPont (DWDP) is scheduled to announce its third-quarter earnings on November 1 before the market opens. DowDuPont will hold a conference call to discuss the results. In this series, we’ll discuss DowDuPont’s stock performance since its second-quarter earnings. We’ll also look at analysts’ revenue and EPS estimates, analysts’ latest recommendations, trends in DowDuPont’s short interest, and institutional holdings.
On October 25, Olin (OLN) announced its 368th consecutive quarterly dividend. To benefit from this dividend, investors must hold Olin common stock at the close of trading on November 9. Olin is expected to pay the dividend on December 10.
Most investors use analysts’ views and guidance to track stock movement. Currently, 21 analysts are actively tracking LyondellBasell (LYB) stock compared to 22 analysts in the second quarter. Among the analysts, 19% recommended a “buy,” 76% recommended a “hold,” and 5% recommended a “sell” for LyondellBasell.
LyondellBasell Industries reported a 5.4% rise in third-quarter profit as revenue increased, and guided for further improvements in the fourth quarter.
The Houston-based company said it had net income of $2.85 per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to $2.96 per share. The results beat Wall ...