AllAnalyst Report
logoArgusMay 10, 2021

LyondellBasell Industries N.V.: Raising target to $133

Symbols
LYB
Sector(s)
Basic Materials
Rating
Current Price
$102.42
Price Target
$NaN
Earnings Estimate
Summary

LyondellBasell Industries manufactures chemicals and polymers, refines crude oil, produces gasoline blending components, and develops and licenses technologies for the production of polymers. Lyondell Petrochemical Corp. began business in 1985 and merged with Basell Polyolefins to become LyondellBasell Industries in December 2007. LyondellBasell filed for Chapter 11 bankruptcy protection in 2009 and emerged from bankruptcy in 2010. In 2020, the company generated 26% of sales from Olefins & Polyolefins Americas, 30% from Olefins & Polyolefins EAI, 23% from Intermediates & Derivatives, 13% from Refining, 7% from Advanced Polymer Solutions, and 1% from Technology.

Subscribe to Yahoo Finance Plus Essential for full access
Exclusive reports, detailed company profiles, and best-in-class trade insights to take your portfolio to the next level
Try it Free

Analyst Profile

William V. Selesky

Senior Analyst: Basic Materials
Bill covers the Basic Materials sector for Argus. He has worked in the investment business for over 15 years, including positions as a senior equity analyst for firms such as Palisade Capital Management, PaineWebber/Mitchell Hutchins Asset Management and John Hsu Capital Group. He has provided coverage on groups including Consumer Staples, Consumer Discretionary, Energy, Media, Transportation, Gaming and Utilities. At PaineWebber, he also served as part of a team that managed $9 billion in active equity products. Prior to working in the investment field, Bill spent eight years as a credit analyst at American Express Company and five years as an analyst at Equifax Services. Bill has a Masters of Business Administration degree in Investment Finance from Pace University, and a Bachelor of Science degree in Economics from Fordham University.