LYB - LyondellBasell Industries N.V.
| Previous Close | 72.14 |
| Open | 71.59 |
| Bid | 69.08 x 800 |
| Ask | 69.46 x 1100 |
| Day's Range | 68.61 - 71.68 |
| 52 Week Range | 68.61 - 116.63 |
| Volume | 3,390,728 |
| Avg. Volume | 3,429,200 |
| Market Cap | 23.142B |
| Beta (3Y Monthly) | 1.46 |
| PE Ratio (TTM) | 7.25 |
| EPS (TTM) | 9.53 |
| Earnings Date | Oct 28, 2019 - Nov 1, 2019 |
| Forward Dividend & Yield | 4.20 (5.82%) |
| Ex-Dividend Date | 2019-06-07 |
| 1y Target Est | 95.82 |
- 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.
- 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.
- Zacks
Top Stock Reports: Micron, Sinopec, Celgene & More
Top Stock Reports: Micron, Sinopec, Celgene & More
- 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.
Motley FoolLyondellbasell Industries N.V. (LYB) Q2 2019 Earnings Call Transcript
LYB earnings call for the period ending June 30, 2019.
- 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.
- 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?
- 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 ...
- 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.
- 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.
- 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.
- Zacks
Trade Tariffs Cloud Diversified Chemical Industry Outlook
Trade Tariffs Cloud Diversified Chemical Industry Outlook
- 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.
- 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.
- Zacks
Is LyondellBasell (LYB) Stock Undervalued 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.
- 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.
- Simply Wall St.
A Look At The Fair Value Of LyondellBasell Industries N.V. (NYSE:LYB)
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of LyondellBasell...
- 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 ...
- InvestorPlace
Investors Can Clean Up On The Dividend With Dow Stock
Dow Inc. (NYSE:DOW) has begun to recover in recent weeks. DOW stock spiked higher after its separation from DowDuPont in March. However, it started to decline in April after a JPMorgan Chase (NYSE:JPM) analyst rated it an underweight. It would go on to lose almost 23% of its value over the next two months.Source: Shutterstock That decline bottomed on May 31. Although DOW and its industry face deep uncertainty, valuation and cash flows provide a reason to take a chance on Dow stock.The situation is that DOW has become cheap due to trade wars and a murky outlook.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Topping Rival Chemicals ValuationsBack in April, I held a bearish take on DOW stock. Its price-to-earnings (PE) ratio started low as it spun off from the former DowDuPont. Despite the low valuation, l believed it would fall since it still traded at a higher multiple than peers such as LyondellBasell Industries (NYSE:LYB) and Westlake Chemical (NYSE:WLK). * 10 Stocks to Sell for an Economic Slowdown Since that time, DOW stock has fallen from the $55 per share range, dropping to as low as $46.75 a piece in late May. However, from that point, the price decline has stopped and even shown signs of recovery. Even a recent profit warning from German chemical giant BASF (OTCMKTS:BASFY) did not stop DOW from moving higher over the last week. Now, DOW has again gained to just over $50 per share today.Despite that partial recovery, many of my concerns remain. The uncertainty surrounding Dow stock has weighed on both Dow and its former DowDuPont partners, Corteva (NYSE:CTVA) and DuPont de Nemours (NYSE:DD). The trade war continues to hurt profits as well. As our own Vince Martin pointed out, tariffs could reduce EBITDA by $100 million.My InvestorPlace colleague Tezcan Gecgil believes "the bears are in control" and that DOW stock needs a catalyst. Indeed, profit estimates continue to fall. Analysts predict earnings of $4.35 per share for the year. However, that forecast is down from the $4.92 per share seen as recently as 90 days ago. DOW Stock a Buy at These LevelsStill, with Dow Inc. stock now trading at almost 10% less than the early April price, I also have to agree with Mr. Martin that the current price factors in the challenges DOW faces. The forward PE of 9.6x also compares favorably with the other two companies that used to make up DowDuPont as well as Westlake Chemical. Moreover, despite this low valuation, analysts predict robust levels of profit increases. So far, forecasts place earnings growth at 20.2% for this year and just over 10% in 2020. * 7 Dependable Dividend Stocks to Buy On top of that, investors can collect an annual dividend of $2.80 per share while they wait for this growth to drive the stock price higher. At the current DOW stock price, that amounts to a yield of over 5.5%. The old DowDuPont slashed the dividend in both 2017 and 2018 after years of increases. It remains unclear when (or even if) DOW will resume dividend increases. Still, this provides a significant return while investors wait for a recovery in the equity. Bottom Line on DOW StockAt current levels, both the low PE ratio and the dividend payout justify a position in DOW stock. In some respects, DOW has become cheap for a reason. Trade-war related uncertainty has hurt profits. Also, the company has only existed in its current form since March. This makes evaluating the company from quarter to quarter and predicting future changes in the dividend difficult.However, even amid significant earnings increases, we know that its forward PE ratio has fallen to under 10x. Moreover, the company currently delivers a payout of more than 5.5%. If nothing else, investors can profit from DOW stock merely by treating it as an income play. As the trade war drags on and DOW develops a track record, Dow Inc. stock should profit investors whether or not the stock continues to trade at a low PE ratio.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks Top Investors Are Buying Now * The 10 Best Cryptocurrencies to Keep on Your Radar * 7 Marijuana Penny Stocks That Could Triple (But You Won't Make Money) The post Investors Can Clean Up On The Dividend With Dow Stock appeared first on InvestorPlace.
- InvestorPlace
3 Big Stock Charts for Tuesday: Ford, International Paper and LyondellBasell
Although down for the better part of the day, stocks managed to fight their way back into the black on Monday. The S&P 500's 0.02% rise is anything but impressive, but it gives the bulls another day to build their technical and psychological support.Source: Shutterstock Symantec (NASDAQ:SYMC) held the rally back more than any other name, falling more than 10% after Broadcom (NASDAQ:AVGO) announced it was throwing in the towel in its acquisition effort. Teva Pharmaceutical (NYSE:TEVA) was problematic too, however, falling nearly 8% after Morgan Stanley downgraded the stock. Analyst David Risinger is worried about underestimated competition and litigation risks related to its opioid business.At the other end of the spectrum, Tesla (NASDAQ:TSLA) jumped more than 3% for a bevy of reasons, including winning two different "car of the year" awards.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Monthly Dividend Stocks to Buy to Pay the Bills As Tuesday's action gets going, however, it's the stock charts of Ford (NYSE:F), International Paper (NYSE:IP) and LyondellBasell Industries (NYSE:LYB) that merit the most attention. Here's why. International Paper (IP)The last time we looked at International Paper back in mid May, it was trapped in a downtrend largely guided by resistance at the 200-day moving average line, plotted in white on both stock charts. A near-term technical floor was holding it, but the sellers were persistently chipping away.They ultimately won the fight, dragging shares below that support area. The stock tried to bounce back, as it has since early 2018. As has also been the case since then, however, IP once again lost a fight when another ceiling stepped up to the plate. Things are apt to get worse before they get better. Click to Enlarge * The newest technical ceiling is the 50-day moving average line, plotted in purple. Rebound efforts repelled there in early June and again in early July. * This month's weakness has also been on above-average selling volume, suggesting there are more bears waiting in the wings. * The next major technical floor is around $39.50, marked in red. International Paper shares have found a floor there a few times since the beginning of 2016, and late last year in particular. LyondellBasell Industries (LYB)Two weeks ago, LyondellBasell Industries shares appeared to be on the mend. They had snapped back from a rough May, crawling back above the purple 50-day moving average line and then the gray 100-day average line, and then started to find support at that moving average. However, a push up and off the 100-day line to test the white 200-day moving average line ultimately proved disastrous. All it took was a kiss of the 200-day moving average to lead into a significant loss for that day.Before sliding back into trouble though, LYB stock found support at an established floor again, and appears to be positioning for another shot at clearing the 200-day moving average. It's less than an ideal effort though. Click to Enlarge * The support area in play now is once again the 50-day moving average line, bolstered by horizontal support around $83.60 where shares found a floor a few times in the first quarter of the year. * Although the bleeding stopped before too much damage was done, the recent setback has been on huge volume, and the two rebound days were on subpar volume. * If LyondellBasell can punch through the ceiling near $88, the next most meaningful level is around $96, marked in yellow, where LYB stock found support and resistance several times since 2017. Ford Motor Company (F)Ford has been a tough name to own for a long time. Even with the recent rebound effort, the stock remains down more than 40% from its 2014 peak price.This effort could be different though. While we've seen past recovery effort falter when bumping into an established technical ceiling, reinforcing that very ceiling, this advance is better grounded than most of the past ones have been. Click to Enlarge * The ceiling in question is the resistance line that tags all the key peaks going back to 2015, plotted in blue on the weekly chart. It has being tested again. * Since early June, F stock has found pretty persistent support at its purple 50-day moving average line. This support is highlighted on the daily chart. * Although it wouldn't readily appear this is the case on the daily chart, the weekly chart's Chaikin line -- by virtue of pointing upward again after crossing zero in April -- says there's consistent buying volume in place.As of this writing, James Brumley held a long position in Ford. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post 3 Big Stock Charts for Tuesday: Ford, International Paper and LyondellBasell appeared first on InvestorPlace.
- 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.
- American City Business Journals
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- Markit
See what the IHS Markit Score report has to say about LyondellBasell Industries NV.
LyondellBasell Industries NV NYSE:LYBView full report here! Summary * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for LYB with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $5.71 billion over the last one-month into ETFs that hold LYB are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Basic Materialsis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- 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.
