Core Insights - LyondellBasell Industries (LYB) is currently navigating a challenging period due to industry headwinds, but it presents intriguing investment opportunities for value-focused investors [1]. Company Analysis - The company has been identified as a potential investment due to its low valuation and the presence of near-term catalysts that could drive growth [1]. - The investment horizon for potential investors in LYB is suggested to range from one quarter to two years, indicating a medium-term outlook for recovery and growth [1]. Industry Context - The chemical industry, in which LyondellBasell operates, is facing various headwinds that have impacted company performance, highlighting the need for careful analysis and strategic investment decisions [1].

Group 1 - Westlake Corporation (NYSE:WLK) has been identified as one of the worst-performing stocks following a dip, with BMO Capital reducing its price target from $91 to $83 while maintaining a "Market Perform" rating after the company's Q3 earnings and revenue miss [1] - The company's net sales decreased by $279 million, or 9%, to $2,838 million in Q3 2025 compared to $3,117 million in Q3 2024, with average sales prices dropping by 5% year-over-year due to lower prices for various products, including PVC resin and polyethylene [2] - Westlake reported a net loss of $782 million, or $6.06 per share, and an EBITDA of ($431) million in Q3 2025, significantly impacted by a non-cash charge of $727 million for impairing goodwill related to its North American chlorovinyls business [3] Group 2 - The company is taking measures to address the current downturn in its commodity platforms and the delayed recovery in the housing market [1] - Despite the challenges faced by Westlake, there are suggestions that certain AI stocks may present greater upside potential and less downside risk compared to WLK [4]

Group 1 - The article discusses the investment strategies of Vasily Zyryanov, focusing on identifying underpriced equities with strong upside potential and overappreciated companies with inflated valuations [1] - Zyryanov emphasizes the importance of analyzing Free Cash Flow and Return on Capital in addition to profit and sales analysis to gain deeper insights into investments [1] - The research covers a wide range of industries, particularly the energy sector, including oil & gas supermajors, mid-cap, and small-cap exploration & production companies, as well as oilfield services firms [1] Group 2 - Zyryanov acknowledges that some growth stocks may deserve their premium valuations, highlighting the need for investors to investigate whether the market's current opinions are accurate [1]

Accessibility StatementSkip Navigation WILMINGTON, Del., Nov. 18, 2025 /PRNewswire/ --Â DuPont (NYSE: DD) announced today the early results of its previously announced tender offer (the "Tender Offer") to purchase for cash up to $739,256,000 aggregate principal amount (the "Maximum Tender Amount") of its 5.419% Notes due 2048 issued on November 28, 2018 (the "2048 Notes"). The Tender Offer is being made pursuant to the terms and conditions set forth in the Offer to Purchase, dated November 3, 2025 (the "Off ...

Core Viewpoint - Exxon Mobil announced the shutdown of its Fife ethylene plant in Scotland, scheduled for February 2026, due to high supply costs, weak market conditions, and challenging UK economic factors [1] Group 1: Company Impact - The closure of the Fife ethylene plant reflects Exxon Mobil's response to unfavorable economic conditions affecting its operations in the UK [1] - The decision indicates a strategic shift in the company's operational focus, potentially reallocating resources to more profitable ventures [1] Group 2: Industry Context - The announcement highlights broader challenges within the ethylene production sector, including rising supply costs and market volatility [1] - The situation may signal a trend of consolidation or restructuring within the industry as companies adapt to changing economic landscapes [1]

Siam Cement plans to invest another $500 million at its biggest petrochemical plant in Vietnam https://t.co/plai2VBpi5 ...

Summary of Key Points from the Conference Call Industry Overview - **Industry**: Oil, Gas, and Chemical Sector in China - **Outlook Period**: 2026-2028 Oil Market Insights - **Brent Crude Price Forecast**: UBS projects average prices of US$64, US$70, and US$75 per barrel for 2026, 2027, and 2028 respectively [7][10][12] - **OPEC+ Production Cuts**: The second tranche of OPEC+'s voluntary cuts of 1.65 million barrels per day (Mb/d) may conclude in December 2026, with effective production increases expected to be only 40% of the headline numbers [2][24] - **China's Oil Demand**: Anticipated declines in gasoline and diesel demand by 4.4% and 3.7% year-over-year (YoY) in 2025 and 2026 respectively, driven by the rise of electric vehicles (EVs) [2][53] Natural Gas Market Insights - **Asia LNG Price Forecast**: Expected prices of US$12.8 and US$11.5 per million British thermal units (MMBtu) for 2025 and 2026 respectively, with long-term prices approaching US$7-8/MMBtu [2][41][47] - **China's Natural Gas Demand Growth**: Projected compound annual growth rate (CAGR) of 3-4% from 2025 to 2030, despite a 1% YoY decline in H1 2025 due to various economic factors [48][52] Chemical Sector Insights - **Earnings Recovery**: The petrochemical industry is expected to rebound due to overseas capacity exits and China's anti-involution policies [3] - **Preferred Sectors**: Recommendations include PTA, silicone, and glyphosate sectors, focusing on industries with low profitability and potential for improved utilization rates [3] New Materials Insights - **Lithium Hexafluorophosphate (LiPF6)**: Prices expected to remain strong in 2026, with demand growth outpacing effective capacity growth [4] - **Memory Chip Cycle Recovery**: Anticipated support for earnings rebound for electronic gas and wet chemical producers [4] Stock Recommendations - **Oil Companies**: Favorable outlook for PetroChina A/H, CNOOC A/H, and Sinopec A/H due to expected recovery in oil prices and attractive dividend yields [5] - **Chemical Companies**: Recommendations include Wanhua Chemical, Baofeng Energy, and Hengli Petrochemical [5] - **New Materials**: Positive outlook for Capchem, Sinocera, and Jiemei as beneficiaries of the electrolyte and MLCC cycle recoveries [5] Risks and Considerations - **Oil Price Risks**: Potential upside risks include firmer global economic growth and geopolitical tensions, while downside risks involve a global economic slowdown and weaker compliance from OPEC+ [9][10] - **Natural Gas Market Volatility**: Expected tightness in the global LNG market until 2030, with potential disruptions leading to elevated prices [41][47] Additional Insights - **EV Penetration**: Domestic EV penetration in China has exceeded 50% since April, with expectations to reach 76% by 2030 [54][55] - **China's Crude Imports**: A 3% YoY increase in crude imports in 9M25, attributed to lower oil prices and inventory scaling [60]

Core Insights - Dow Inc. has experienced a significant increase in share prices, rising by 4.19% to close at $23.11, following its inclusion in the Fortune World's Best Workplaces List for the third time [1][4] - The company improved its ranking to 18th place in 2025, up from 20th in 2024, indicating enhanced employee satisfaction and workplace culture [1][4] Company Recognition - Dow Inc.'s Chairman and CEO, Jim Fitterling, emphasized that the recognition reflects the trust and collaborative spirit among employees, which drives the company's success [2] - The recognition is based on a survey of over 9 million global employees, representing the experiences of more than 25 million employees worldwide [4] Industry Context - The World's Best Workplaces List is a collaboration between Fortune Media and Great Place to Work, highlighting companies that achieve higher productivity, innovation, and agility, leading to better revenue and stock market performance [3]

Core Insights - ArcelorMittal S.A. reported a third-quarter 2025 net income of $377 million, or 50 cents per share, an increase from $287 million, or 37 cents per share, in the same quarter last year [1] - Adjusted earnings were 62 cents per share, surpassing the Zacks Consensus Estimate of 58 cents [1] - Total sales increased approximately 3% year over year to $15,657 million, exceeding the consensus estimate of $14,711 million [1] Financial Performance - Total steel shipments rose 1.5% year over year to 13.6 million metric tons, beating the consensus estimate of 13.57 million metric tons [2] - Cash and cash equivalents at the end of the quarter were $5,733 million, up from $5,443 million in the prior quarter, with net debt around $9.1 billion [6] Segment Performance - **North America**: Sales increased 20% year over year to $3,111 million, with crude steel production up 0.6% to 1,662 million metric tons and steel shipments rising 8.6% to 2,615 million metric tons, exceeding the consensus estimate of 2,555 million metric tons [2] - **Brazil**: Sales decreased 13% year over year to $2,807 million, with crude steel production down 6% to 3,595 million metric tons and shipments falling 6.8% to 3,530 million metric tons, missing the consensus estimate of 3,646 million metric tons [3] - **Europe**: Sales rose 0.6% year over year to $7,186 million, with crude steel production declining nearly 7.8% to 7,251 million metric tons, while shipments increased around 3% to 7,001 million metric tons, surpassing the consensus mark of 6,871 million metric tons [4] - **Mining**: Sales increased 24.3% year over year to $732 million, with iron ore production totaling 8.5 million metric tons, up 28.8% from the previous year [5] Future Outlook - The European Commission's new steel-sector trade tool and the Carbon Border Adjustment Mechanism (CBAM) are expected to enhance fair competition and support industry capacity utilization [7] - The company remains optimistic about its medium- and long-term outlook, anticipating benefits from rising steel demand linked to energy transition, infrastructure development, and defense needs [8] - Recent M&A activities and high-return organic growth projects are expected to boost future EBITDA by $2.1 billion, including $0.7 billion in 2025 and $0.8 billion in 2026 [10] Market Performance - ArcelorMittal's shares have gained 57.9% over the past year, contrasting with a 14.3% decline in the industry [11]

Abu Dhabi National Oil Co. won conditional European Union approval for its €12 billion takeover of Covestro after it dealt with the bloc's concerns that its state subsidies could stifle competition https://t.co/T4IDyz4xM5 ...