LYB remained sharply focused on executing its three-pillar strategyGenerated $3.8 billion of cash from operating activities with 90% cash conversion1Cash from operating activities funded $1.8 billion of capital expenditures and $1.9 billion in shareholder returns through dividends (with 14th consecutive year of annual dividend growth) and share repurchasesDelivered 65% year-over-year volume growth2 in the company's Circular and Low Carbon Solutions (CLCS) businessAnnounced Agustin Izquierdo to succeed Micha ...

Forbes Community GuidelinesOur community is about connecting people through open and thoughtful conversations. We want our readers to share their views and exchange ideas and facts in a safe space.In order to do so, please follow the posting rules in our site's Terms of Service.  We've summarized some of those key rules below. Simply put, keep it civil.Your post will be rejected if we notice that it seems to contain:False or intentionally out-of-context or misleading informationSpamInsults, profanity, incoh ...

LyondellBasell Industries N.V. (LYB) is scheduled to report fourth-quarter 2024 earnings on Jan. 31, before the opening bell.See the Zacks Earnings Calendar to stay ahead of market-making news.The company surpassed the Zacks Consensus Estimate in two of the last four quarters and missed twice, with the average earnings surprise being 0.4%. LYB stock has lost 18.1% in the past year compared with the Zacks Chemicals Diversified industry’s 1.5% decline.Image Source: Zacks Investment ResearchLet’s see how thing ...

Core Insights - LyondellBasell (LYB) has signed two significant power purchase agreements (PPAs) in Europe to enhance its commitment to reducing greenhouse gas emissions and stabilizing energy costs [1][4] - The agreements are expected to increase the use of renewable energy, supporting both LYB's operations and its customers' CO2 reduction goals [2][4] Group 1: Power Purchase Agreements - The 15-year agreement with Vattenfall will secure 450 gigawatt-hours (GWh) annually of offshore wind energy for LYB's operations in Germany, including the MoReTec-1 plant [2] - The MoReTec-1 plant is designed to recycle plastic packaging waste generated by over 1.2 million German citizens annually using proprietary technology [2] - A 10-year PPA with wpd will provide 79 GWh annually of onshore wind power from the Licata project in Sicily, Italy, starting in 2026 [3] Group 2: Impact on Operations - The agreements will help integrate renewable energy into the grid, improving infrastructure and reliability [4] - The Ferrara site in Italy, which will benefit from the onshore wind power agreement, is the world's largest for Ziegler-Natta catalyst development and production [3] Group 3: Company Overview - LyondellBasell is a leader in the global chemical industry, focusing on creating sustainable solutions and enabling a circular and low-carbon economy [5] - The company develops high-quality products for various applications, including sustainable transportation, food safety, clean water, and healthcare [5]

LyondellBasell (LYB) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on January 31, 2025, might help the stock move higher if these key numbers are better tha ...

If you enjoyed this, consider Ian's Insider Corner to enjoy access to similar initiation reports for all the new stocks that we buy. Membership also includes an active chat room, weekly updates, and my responses to your questions.LyondellBasell Industries N.V. (NYSE: LYB ) is one of the world's largest petrochemical producers. With a vast array of operations, primarily in North America and Europe, LyondellBasell is a major player in the plastics space and generates close to $40 billion inIan leads the inves ...

HOUSTON and LONDON, Jan. 07, 2025 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE:LYB), a leader in the global chemical industry, will announce its fourth-quarter 2024 financial results before the U.S. market opens Friday, Jan. 31, followed by a webcast and teleconference to discuss the results at 11 a.m. EST. Teleconference and webcast detailsFriday, Jan. 31, 202511 a.m. ESTHosted by David Kinney, head of investor relationsAccess the webcast 10 to 15 minutes prior to the start of the call at www.lyondellbasell.co ...

In case you didn't know, Value investing is out of favor. You don't need me to tell you what's been working best in this market. Given that there's a lot of managers out there with potential big bonuses available after 12/31/24, it makesMy experience stems from the hedge fund industry beginning in the mid-90's, working as a Portfolio Manager, Domestic Equity Analyst and Trader. I was the Portfolio Manager of a domestic Long/Short Equity product with gross assets that peaked over 1 Billion dollars. I am a fu ...

Founder of Dividend Mantra. Founder of Mr. Free At 33. Co-Founder of Dividends & Income. I started blogging about my journey to financial independence back in 2011. By living well below my means and intelligently investing my hard-earned capital, I went from below broke at age 27 to financially free at 33 years old. I regularly create content on dividend growth investing, living off of dividends, undervalued high-quality dividend growth stocks, high-yield situations, and other long-term investment opportuni ...

LyondellBasell Industries N.V. (NYSE:LYB) Goldman Sachs Industrials and Materials Conference December 4, 2024 8:00 AM ET Company Participants Michael McMurray - CFO Conference Call Participants Duffy Fischer - Goldman Sachs Duffy Fischer Awesome. Well, listen, good morning, everybody. Thanks for coming out earlier this morning. For those of you that don't know me, I'm Duffy Fischer, the chemical analyst here at Goldman Sachs. We're very happy to welcome to New York, LyondellBasell, a company that I've know ...