LyondellBasell Industries N.V. (LYB) is scheduled to report second-quarter 2024 earnings on Aug 2, before the opening bell. The company surpassed the Zacks Consensus Estimate in three of the last four quarters and missed once, the average earnings surprise being nearly 9.1%. It delivered a positive earnings surprise of 7.7% in the last reported quarter. The stock has gained 0.5% in the past year against the industry's decline of 10.7%. Image Source: Zacks Investment Research Let's see how things are shaping ...

Analysts' assessment points toward 'Revenues- Advanced Polymer Solutions' reaching $990.11 million. The estimate points to a change of +3.1% from the year-ago quarter. The consensus estimate for 'Revenues- Olefins and Polyolefins- Americas' stands at $2.88 billion. The estimate points to a change of +5.7% from the year-ago quarter. The combined assessment of analysts suggests that 'Revenues- Olefins and Polyolefins- Europe, Asia, International' will likely reach $2.68 billion. The estimate suggests a change ...

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 2. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Zacks Consensus Estimate This oil refiner and ...

Toll-free teleconference dial-in numbers Participant/Guest toll-free: 877-407-8029 Participant/Guest toll: 201-689-8029 Participant/Guest: CallMe link We are LyondellBasell (NYSE: LYB) – a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlock value for our customers, investors and society. As one of the world's largest producers of po ...

For the second quarter, the company anticipates seasonal demand to increase across most businesses. LYB's North American and Middle Eastern production will continue to benefit from low natural gas and NGL costs compared with higher oil-based costs in other regions. Better-ranked stocks in the basic materials space are ATI Inc. (ATI) , Carpenter Technology Corporation (CRS) and Ecolab Inc. (ECL) . The global automobile industry is rapidly expanding and transforming, particularly in the new energy vehicle sec ...

NATPET currently has approximately 400,000 tons of annual PP production capacity. LYB will market the majority of the volume of the joint venture's production through its global network. Alujain and LYB are also jointly assessing the construction of a new propylene via propane dehydrogenation (PDH) and PP facility at the NATPET site, subject to a final investment decision. The project is being developed with a shared goal of targeting high-end products, and implementing solutions that align with the Kingdom ...

Shares of LyondellBasell have gained 13.8% over the past year compared with a 3.3% rise of its industry. For the second quarter, the company anticipates seasonal demand to increase across most businesses. LYB's North American and Middle Eastern production will continue to benefit from low natural gas and NGL costs compared to higher oil-based costs in other regions. As the summer driving season begins, oxyfuel and refining margins are likely to rise due to increased gasoline crack spreads and reduced butane ...

LyondellBasell Industries N.V. (LYB) recently announced that its board of directors has approved a quarterly dividend of $1.34 per share, marking a 7% increase from its first-quarter 2024 payout. The dividend will be distributed to shareholders on Jun 10, 2024, with an ex-dividend and record date of Jun 3, 2024. Zacks Rank & Key Picks LyondellBasell currently carries a Zacks Rank #3 (Hold). Better-ranked stocks in the basic materials space include ATI Inc. (ATI) , Carpenter Technology Corporation (CRS) and ...

HOUSTON and LONDON, May 24, 2024 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced its board of directors has declared a quarterly dividend of $1.34 per share, representing a 7 percent increase over the company's first quarter 2024 dividend. The dividend will be paid to shareholders on June 10, 2024, with an ex-dividend and record date of June 3, 2024. "Today's 7 percent dividend increase reflects LyondellBasell's confidence in our ability to navigate dynamic markets, unlock value with our focused ...

LyondellBasell Industries N.V. (LYB) has introduced novel Polybatch Effects FROST masterbatches. These change PET packaging with a gorgeous matte frost effect and come in two different styles. Polybatch Effects FROST can be effortlessly combined with a variety of colors to achieve a high-end, sophisticated look. Polybatch Effects FROST effortlessly enhances the brand image with a premium aesthetic and reduces the appearance of recycled PET to a more desired look. Polybatch Effects FROST also has NIR sorting ...