Latest news with #LyondellBasell
Forbes
11 hours ago
- Business
- Forbes
Will LyondellBasell Industries Stock Move On Earnings?
POLAND - 2024/12/17: In this photo illustration, the LyondellBasell company logo is seen displayed ... More on a smartphone screen. (Photo Illustration by Piotr Swat/SOPA Images/LightRocket via Getty Images) LyondellBasell Industries (NYSE:LYB) is scheduled to announce its earnings on Friday, August 1, 2025. The company's current market capitalization stands at $21 Bil. Over the past twelve months, revenue reached $38 Bil, and it achieved operational profitability with $2.2 Bil in operating profits and net income of $1.1 Bil. Although much will hinge on how the results compare to consensus and expectations, grasping historical trends might enhance your chances if you are a trader focused on events. There are two approaches to achieve this: understanding the historical probabilities and positioning yourself before the earnings announcement, or analyzing the correlation between immediate and mid-term returns following earnings and adjusting your position accordingly after the earnings are released. That being said, if you are looking for upside with lower volatility than individual stocks, the Trefis High Quality portfolio offers an alternative – having surpassed the S&P 500 and achieved returns exceeding 91% since its inception. See earnings reaction history of all stocks LyondellBasell Industries' Historical Odds Of Positive Post-Earnings Return Here are some insights regarding one-day (1D) post-earnings returns: Additional information regarding 5-Day (5D) and 21-Day (21D) returns following earnings is outlined along with the statistics in the table below. LYB 1D, 5D, and 21D Post Earnings Return Correlation Between 1D, 5D, and 21D Historical Returns A relatively less risky approach (although not useful if the correlation is weak) is to comprehend the relationship between short-term and medium-term returns following earnings, identify a pair with the highest correlation, and make the appropriate trade. For instance, if 1D and 5D demonstrate the strongest correlation, a trader can take a 'long' position for the subsequent 5 days if the 1D post-earnings return is positive. Below is some correlation data based on both 5-year and 3-year (more recent) history. Note that the correlation 1D_5D indicates the relationship between 1D post-earnings returns and the subsequent 5D returns. LYB Correlation Between 1D, 5D, and 21D Historical Returns Is There Any Correlation With Peer Earnings? Occasionally, the performance of peers can affect post-earnings stock reactions. In fact, the market pricing may begin before the earnings announcements. Below is some historical data on the recent post-earnings performance of LyondellBasell Industries stock in comparison to the stock performance of peers that published earnings just prior to LyondellBasell Industries. For a fair comparison, peer stock returns also denote post-earnings one-day (1D) returns. LYB Correlation With Peer Earnings Learn more about Trefis RV strategy that has outperformed its all-cap stocks benchmark (which includes all three: the S&P 500, S&P mid-cap, and Russell 2000), delivering strong returns for investors. On a separate note, if you seek upside with a smoother experience than an individual stock like LyondellBasell Industries, take a look at the High Quality portfolio, which has surpassed the S&P and achieved >91% returns since its launch.
Yahoo
21-07-2025
- Business
- Yahoo
Factbox-Closures, disposals reshaping the global petrochemical sector
MILAN/HOUSTON/NEW DELHI (Reuters) -A wave of closures and disposals is reshaping the global petrochemical sector as companies around the world rethink their exposure to markets as they adjust to capacity build-up in China and higher costs in Europe. The European Union is being hit the hardest by the rationalisation, while the United States and the Middle East are considered relatively immune. Petrochemical makers in Asia are also reducing capacity but at a slower pace compared with the EU. Here is a list of some of the major closures, divestment and portfolio reviews: ** U.S.-based LyondellBasell in June said it had started exclusive talks to sell four olefin and polyolefin plants in Europe to Munich-based investment firm AEQUITA. The sites to be sold are in France, Germany, Britain and Spain. The company has also said it is evaluating options for its factories in the Netherlands and Italy. ** U.S. chemical giant Dow Inc said at the beginning of July it would shut down three upstream sites in Europe: an ethylene cracker in Böhlen, Germany and chlor-alkali & vinyl assets in Schkopau, Germany, and its siloxanes plant in Barry, Britain. The company also announced in January that it would idle a cracker in the Netherlands. ** U.S. oil major ExxonMobil said last year it would shut down the steam cracker and close chemical production at Gravenchon in France, adding that the site had lost more than 500 million euros ($582.75 million) since 2018 and remains uncompetitive. ** British oil company Shell in April completed the sale of its energy and chemicals park in Singapore, which includes a refinery, an ethylene cracker and other petrochemical assets. The group's top executives told a post-results conference call in May that the group was undertaking a review of its chemical business, including in Europe. Shell hired Morgan Stanley to conduct the strategic review of its chemicals operations in Europe and the United States, the Wall Street Journal reported in March, citing sources. ** BP said in February it was looking for potential buyers for its Ruhr Oel refinery, cracker and downstream assets at Gelsenkirchen in Germany. ** French oil major TotalEnergies said in April it would shut its oldest steam cracker in Antwerp, Belgium, by end-2027, citing a "significant surplus of ethylene expected in Europe". ** Eni will complete the closure of Italy's two last steam crackers by the end of this year. One is in Brindisi, Apulia, and the second in Priolo, Sicily. It also closed a polyethylene plant in Ragusa, Sicily. ** Poland's Orlen said at the end of 2024 it would scale back plans for its olefins petrochemical project, pushing back output until at least 2030 and aiming to cut its estimated cost by as much as a third. ** U.S. chemical group Huntsman Corp announced the closure of its polyurethanes facility in Deggendorf, Germany, and the reduction of some of its other sites and facilities around Europe. The company will close a facility located in Moers, Germany. The closure is expected to be complete by the end of the current quarter. ** Japan's largest oil refiner, Eneos, said in February that it would consider partially halting an ethylene production facility at its Kawasaki refinery at the end of 2027 due to falling demand. It said in March that it would gradually halt production of lubricants and some petroleum products at its Yokohama plant near Tokyo by March 2028, but will consider relocating lubricants' output to other facilities. ** Saudi Petrochemical Group SABIC said last year it planned to permanently shut one of its two naphtha-fed crackers at its plant in Geleen, the Netherlands. ($1 = 0.8580 euros)
Reuters
21-07-2025
- Business
- Reuters
Closures, disposals reshaping the global petrochemical sector
MILAN/HOUSTON/NEW DELHI, July 21 (Reuters) - A wave of closures and disposals is reshaping the global petrochemical sector as companies around the world rethink their exposure to markets as they adjust to capacity build-up in China and higher costs in Europe. The European Union is being hit the hardest by the rationalisation, while the United States and the Middle East are considered relatively immune. Petrochemical makers in Asia are also reducing capacity but at a slower pace compared with the EU. Here is a list of some of the major closures, divestment and portfolio reviews: ** U.S.-based LyondellBasell (LYB.N), opens new tab in June said it had started exclusive talks to sell four olefin and polyolefin plants in Europe to Munich-based investment firm AEQUITA. The sites to be sold are in France, Germany, Britain and Spain. The company has also said it is evaluating options for its factories in the Netherlands and Italy. ** U.S. chemical giant Dow Inc (DOW.N), opens new tab said at the beginning of July it would shut down three upstream sites in Europe: an ethylene cracker in Böhlen, Germany and chlor-alkali & vinyl assets in Schkopau, Germany, and its siloxanes plant in Barry, Britain. The company also announced in January that it would idle a cracker in the Netherlands. ** U.S. oil major ExxonMobil (XOM.N), opens new tab said last year it would shut down the steam cracker and close chemical production at Gravenchon in France, adding that the site had lost more than 500 million euros ($582.75 million) since 2018 and remains uncompetitive. ** British oil company Shell (SHEL.L), opens new tab in April completed the sale of its energy and chemicals park in Singapore, which includes a refinery, an ethylene cracker and other petrochemical assets. The group's top executives told a post-results conference call in May that the group was undertaking a review of its chemical business, including in Europe. Shell hired Morgan Stanley to conduct the strategic review of its chemicals operations in Europe and the United States, the Wall Street Journal reported in March, citing sources. ** BP (BP.L), opens new tab said in February it was looking for potential buyers for its Ruhr Oel refinery, cracker and downstream assets at Gelsenkirchen in Germany. ** French oil major TotalEnergies ( opens new tab said in April it would shut its oldest steam cracker in Antwerp, Belgium, by end-2027, citing a "significant surplus of ethylene expected in Europe". ** Eni ( opens new tab will complete the closure of Italy's two last steam crackers by the end of this year. One is in Brindisi, Apulia, and the second in Priolo, Sicily. It also closed a polyethylene plant in Ragusa, Sicily. ** Poland's Orlen ( opens new tab said at the end of 2024 it would scale back plans for its olefins petrochemical project, pushing back output until at least 2030 and aiming to cut its estimated cost by as much as a third. ** U.S. chemical group Huntsman Corp (HUN.N), opens new tab announced the closure of its polyurethanes facility in Deggendorf, Germany, and the reduction of some of its other sites and facilities around Europe. The company will close a facility located in Moers, Germany. The closure is expected to be complete by the end of the current quarter. ** Japan's largest oil refiner, Eneos (5020.T), opens new tab, said in February that it would consider partially halting an ethylene production facility at its Kawasaki refinery at the end of 2027 due to falling demand. It said in March that it would gradually halt production of lubricants and some petroleum products at its Yokohama plant near Tokyo by March 2028, but will consider relocating lubricants' output to other facilities. ** Saudi Petrochemical Group SABIC said last year it planned to permanently shut one of its two naphtha-fed crackers at its plant in Geleen, the Netherlands. ($1 = 0.8580 euros)
Yahoo
21-07-2025
- Business
- Yahoo
Factbox-Closures, disposals reshaping the global petrochemical sector
MILAN/HOUSTON/NEW DELHI (Reuters) -A wave of closures and disposals is reshaping the global petrochemical sector as companies around the world rethink their exposure to markets as they adjust to capacity build-up in China and higher costs in Europe. The European Union is being hit the hardest by the rationalisation, while the United States and the Middle East are considered relatively immune. Petrochemical makers in Asia are also reducing capacity but at a slower pace compared with the EU. Here is a list of some of the major closures, divestment and portfolio reviews: ** U.S.-based LyondellBasell in June said it had started exclusive talks to sell four olefin and polyolefin plants in Europe to Munich-based investment firm AEQUITA. The sites to be sold are in France, Germany, Britain and Spain. The company has also said it is evaluating options for its factories in the Netherlands and Italy. ** U.S. chemical giant Dow Inc said at the beginning of July it would shut down three upstream sites in Europe: an ethylene cracker in Böhlen, Germany and chlor-alkali & vinyl assets in Schkopau, Germany, and its siloxanes plant in Barry, Britain. The company also announced in January that it would idle a cracker in the Netherlands. ** U.S. oil major ExxonMobil said last year it would shut down the steam cracker and close chemical production at Gravenchon in France, adding that the site had lost more than 500 million euros ($582.75 million) since 2018 and remains uncompetitive. ** British oil company Shell in April completed the sale of its energy and chemicals park in Singapore, which includes a refinery, an ethylene cracker and other petrochemical assets. The group's top executives told a post-results conference call in May that the group was undertaking a review of its chemical business, including in Europe. Shell hired Morgan Stanley to conduct the strategic review of its chemicals operations in Europe and the United States, the Wall Street Journal reported in March, citing sources. ** BP said in February it was looking for potential buyers for its Ruhr Oel refinery, cracker and downstream assets at Gelsenkirchen in Germany. ** French oil major TotalEnergies said in April it would shut its oldest steam cracker in Antwerp, Belgium, by end-2027, citing a "significant surplus of ethylene expected in Europe". ** Eni will complete the closure of Italy's two last steam crackers by the end of this year. One is in Brindisi, Apulia, and the second in Priolo, Sicily. It also closed a polyethylene plant in Ragusa, Sicily. ** Poland's Orlen said at the end of 2024 it would scale back plans for its olefins petrochemical project, pushing back output until at least 2030 and aiming to cut its estimated cost by as much as a third. ** U.S. chemical group Huntsman Corp announced the closure of its polyurethanes facility in Deggendorf, Germany, and the reduction of some of its other sites and facilities around Europe. The company will close a facility located in Moers, Germany. The closure is expected to be complete by the end of the current quarter. ** Japan's largest oil refiner, Eneos, said in February that it would consider partially halting an ethylene production facility at its Kawasaki refinery at the end of 2027 due to falling demand. It said in March that it would gradually halt production of lubricants and some petroleum products at its Yokohama plant near Tokyo by March 2028, but will consider relocating lubricants' output to other facilities. ** Saudi Petrochemical Group SABIC said last year it planned to permanently shut one of its two naphtha-fed crackers at its plant in Geleen, the Netherlands. ($1 = 0.8580 euros) Sign in to access your portfolio
Yahoo
18-07-2025
- Business
- Yahoo
LyondellBasell's Q2 2025 Earnings: What to Expect
LyondellBasell Industries N.V. (LYB), headquartered in Houston, Texas, operates as a chemical company. Valued at $20.1 billion by market cap, the company manufactures plastic, chemical, and fuel products. It offers products for the manufacturing of personal care products, fresh food packaging, lightweight plastics, construction materials, automotive, and more. The global leader in developing and supplying materials is expected to announce its fiscal second-quarter earnings for 2025 before the market opens on Friday, Aug. 1. Ahead of the event, analysts expect LYB to report a profit of $1.05 per share on a diluted basis, down 53.1% from $2.24 per share in the year-ago quarter. The company beat or matched the consensus estimates in two of the last four quarters while missing the forecast on two other occasions. More News from Barchart Insider Trading Alert: Here's Who Bought Nvidia and AMD Stock Before the U.S. Chip Deal with China Dear Tesla Stock Fans, Mark Your Calendars for July 23 Robinhood Keeps Hitting New Highs. How Should You Play HOOD Stock Here? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For the full year, analysts expect LYB to report EPS of $3.86, down 39.7% from $6.40 in fiscal 2024. However, its EPS is expected to rise 40.2% year-over-year to $5.41 in fiscal 2026. LYB stock has considerably underperformed the S&P 500 Index's ($SPX) 12.7% gains over the past 52 weeks, with shares down 35.9% during this period. Similarly, it underperformed the Materials Select Sector SPDR Fund's (XLB) 2% losses over the same time frame. LYB's performance was impacted by the tariff uncertainty and the slowing economy. On Apr. 25, LYB shares closed up marginally after reporting its Q1 results. Its revenue stood at $7.7 billion, down 7.6% year-over-year. The company's adjusted EPS declined 74.8% year-over-year to $0.33. Analysts' consensus opinion on LYB stock is cautious, with a 'Hold' rating overall. Out of 19 analysts covering the stock, three advise a 'Strong Buy' rating, one suggests a 'Moderate Buy,' 12 give a 'Hold,' and three recommend a 'Strong Sell.' LYB's average analyst price target is $66.90, indicating a potential upside of 5.7% from the current levels. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
