Company Overview - LyondellBasell Industries N.V. operates as a global chemicals company, producing essential building blocks like ethylene and polyolefins used across various sectors including consumer goods, packaging, automotive parts, and durable products [2] - The company benefits from scale and low-cost production, but it is highly cyclical and heavily dependent on commodity prices, which limits its pricing power [2] Financial Performance - The trailing and forward P/E ratios for LyondellBasell are 104.96 and 12.89 respectively, with shares trading at $48.99 as of November 28th [1] - The technology segment, which licenses polymer production methods to approximately 350 facilities worldwide, is the most profitable, generating 50% EBITDA margins and projected revenue of $671 million in 2024 [2] - Other segments, including olefins, polyolefins, refining, and innovation & development, have struggled with negative or low single-digit margins due to intense price competition and commodity exposure [3] Operational Challenges - The company has faced slowing revenue growth and unprofitable recent quarters, highlighting the risks associated with its commodity-driven model [3] - Environmental and reputational pressures are significant, including pollutant releases and rising greenhouse gas emissions, while initiatives toward eco-friendly solutions are limited and unevenly incentivized [3] Financial Health - LyondellBasell's balance sheet shows positive equity, but it has only $1.81 billion in cash against $13.33 billion in debt, indicating significant leverage relative to liquidity [4] - Valuation models suggest some upside potential, yet the unpredictability of commodity prices, weak pricing power, and structural limitations of its competitive advantage make it a high-risk investment [4] Market Sentiment - The overall sentiment towards LyondellBasell is cautious, with a clear "SELL" stance based on its operational and strategic profile, despite the technology segment being a rare bright spot [4][5]

Group 1 - Technip Energies N.V. has completed its share buy-back program, acquiring 1,265,324 shares, which is 0.71% of its share capital, at an average price of 35.56 euros per share [1][2] - The shares acquired will be utilized to meet the Company's obligations under equity compensation plans [2] - Technip Energies is a global technology and engineering powerhouse with leadership in LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management [3][4] Group 2 - The Company generated revenues of €6.9 billion in 2024 and is listed on Euronext Paris [4] - Technip Energies employs over 17,000 people across 34 countries, focusing on bridging prosperity with sustainability [4]

Group 1 - Technip Energies will release its financial results for the first nine months of 2025 on October 30, 2025, at 07:30 CET [1] - A conference call to discuss the results will take place on the same day at 13:00 CET, with participation details provided [1] - The conference call will be available via webcast, which can be accessed after registration [1] Group 2 - Technip Energies is a global technology and engineering company with a focus on LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management [2] - The company generated revenues of €6.9 billion in 2024 and operates in 34 countries with over 17,000 employees [3] - Technip Energies is listed on Euronext Paris and has American Depositary Receipts trading over the counter [3]

Company Overview - Westlake Corporation manufactures and markets performance and essential materials, as well as housing and infrastructure products globally, including ethylene, polyethylene, PVC, and vinyl intermediates [1] - Founded in 1986 and headquartered in Houston, Texas, the company also provides consumer and commercial products such as landscape edging and marine dock edging, serving various markets [2] Current Challenges - The company faces challenges from elevated interest rates and lingering inflation, which have dampened housing starts and reduced demand, negatively impacting business confidence [3] - Sluggish construction activity in North America is a concern, particularly affecting the pipe-and-fitting and siding-and-trim businesses [3] Industry Performance - Westlake is a component of the Zacks Chemical – Plastic industry group, which ranks in the bottom 4% out of approximately 250 Zacks Ranked Industries, indicating expected underperformance over the next 3 to 6 months [4] - Stocks in this industry are relatively overvalued and projected to experience below-average earnings growth, with a PE ratio of 92.19 compared to the iShares-SP500's 19.59 [6][7] Stock Performance - WLK shares have been underperforming, hitting a series of lower lows and representing a compelling short opportunity as 2025 approaches [8] - The company has missed earnings estimates in three of the past four quarters, with a significant loss of -$0.31 per share in Q1, missing the Zacks Consensus Estimate by -144.3% [9] - The trailing four-quarter average earnings miss stands at -61.4%, indicating a trend of underperformance [9] Earnings Outlook - Analysts have revised second-quarter earnings estimates down by -88.89% in the past 60 days, with the current Zacks Consensus EPS Estimate at $0.06 per share, reflecting negative growth of -97.5% year-over-year [10] - Falling earnings estimates are viewed as a significant red flag, contributing to a bearish outlook [11] Technical Analysis - WLK stock is in a sustained downtrend, trading below a downward-sloping 200-day moving average, which is a bearish indicator [12] - The stock has experienced a "death cross," where the 50-day moving average crosses below the 200-day moving average, indicating a need for a substantial upside move to warrant long positions [14][15] Conclusion - The combination of a deteriorating fundamental and technical backdrop suggests that WLK is unlikely to reach new highs soon, with a history of earnings misses and falling future earnings estimates likely capping any potential rallies [16] - The stock is recommended to be avoided by potential investors or considered for short or hedge strategies until significant improvements are observed [17]

Group 1 - Technip Energies published its 2025 Half-Year Report, which is filed with the Autoriteit Financiële Markten (AFM) in the Netherlands and the Autorité des marchés financiers (AMF) in France [1] - The 2025 Half-Year Report is accessible on the company's investor relations website [1] - Technip Energies generated revenues of €6.9 billion in 2024 and operates in critical markets such as energy, decarbonization, and circularity [3] Group 2 - The company employs over 17,000 individuals across 34 countries, focusing on sustainability and innovation [3] - Technip Energies holds leadership positions in sectors including LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management [2] - The company is listed on Euronext Paris and has American Depositary Receipts trading over the counter [3]

Core Viewpoint - Technip Energies has conducted a share buyback program from July 7, 2025, to July 11, 2025, purchasing a total of 10,542 shares at an average price of €35.936780 per share [1][2]. Group 1: Share Buyback Details - The share buyback program was executed under a discretionary mandate by an investment services provider [1]. - The daily transactions included the purchase of 10,000 shares on July 7, 2025, and 542 shares on July 8, 2025, with no purchases on July 9, 10, and 11, 2025 [2]. - The total volume of shares purchased during this period was 10,542, with an average purchase price of €35.936780 [2]. Group 2: Company Overview - Technip Energies is a global technology and engineering company with a focus on LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management [3]. - The company generated revenues of €6.9 billion in 2024 and is listed on Euronext Paris [4]. - Technip Energies employs over 17,000 people across 34 countries, emphasizing sustainability and innovation in its operations [4].

Core Viewpoint - Technip Energies has conducted a share buyback program from June 30, 2025, to July 4, 2025, purchasing a total of 50,000 shares at an average price of €35.741625 per share [1][2]. Group 1: Share Buyback Details - The share buyback program was executed under a discretionary mandate by an investment services provider [1]. - Daily transactions included the purchase of 10,000 shares on each day from June 30 to July 4, 2025, with daily average prices ranging from €35.531312 to €35.902700 [2]. - The total volume of shares purchased during this period was 50,000 [2]. Group 2: Company Overview - Technip Energies is a global technology and engineering company with a focus on LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management [3]. - The company generated revenues of €6.9 billion in 2024 and operates in 34 countries with over 17,000 employees [4].

Group 1 - Technip Energies will release its first half 2025 financial results on July 31, 2025, at 07:30 CEST [2] - A conference call to discuss the results will take place on the same day at 13:00 CEST, with participation details provided [2] - The event will also be available via a webcast, which requires registration at least 10 minutes prior to the call [2] Group 2 - Technip Energies is a global technology and engineering company with a focus on LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management [3] - The company generated revenues of €6.9 billion in 2024 and is listed on Euronext Paris [4] - Technip Energies employs over 17,000 people across 34 countries, emphasizing sustainability and innovation in its operations [4]