Board Change • Jun 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Bridget Karlin was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • May 25
First quarter dividend of US$0.69 announced Shareholders will receive a dividend of US$0.69. Ex-date: 1st June 2026 Payment date: 8th June 2026 Dividend yield will be 6.0%, which is about the same as the industry average. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not adequately covered by cash flows (98% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. 공시 • May 23
LyondellBasell Industries N.V. announces Quarterly dividend, payable on June 08, 2026 LyondellBasell Industries N.V. announced Quarterly dividend of USD 0.6900 per share payable on June 08, 2026, ex-date on June 01, 2026 and record date on June 01, 2026. 공시 • Apr 13
LyondellBasell Industries N.V., Annual General Meeting, May 22, 2026 LyondellBasell Industries N.V., Annual General Meeting, May 22, 2026. Location: hilton hotel, schiphol airport, schiphol blvd. 701, 1118 bn schiphol, Netherlands 공시 • Apr 07
LyondellBasell Industries N.V. to Report Q1, 2026 Results on May 01, 2026 LyondellBasell Industries N.V. announced that they will report Q1, 2026 results Pre-Market on May 01, 2026 공시 • Mar 16
LyondellBasell Announces Management Changes LyondellBasell announced the appointment of David Dennison as the new head of investor relations, effective May 8, 2026. David Dennison joined LyondellBasell in 2007 and brings nearly 30 years of industry experience to the role. He has held leadership roles across the company’s planning, commercial and strategic functions, including leading several Intermediates and Derivatives businesses. Most recently, he served as a vice president in the Circular and Low Carbon Solutions business. Before joining LyondellBasell, Dennison worked for Eli Lilly and Co. and Albemarle Corp. He holds a B.S. in chemical engineering from Texas A&M University and an MBA from The Wharton School. Dave Kinney will retire after nearly 35 years of service. 공시 • Feb 20
Lyondellbasell Industries N.V. Declares Quarterly Dividend, Payable on March 9, 2026 LyondellBasell Industries N.V. announced its board of directors has declared a quarterly dividend of $0.69 per share, representing a $0.68 per share reduction from the company’s fourth quarter 2025 dividend. The dividend will be paid to shareholders on March 9, 2026, with an ex-dividend and record date of March 2, 2026. 공시 • Jan 05
LyondellBasell Industries N.V. to Report Q4, 2025 Results on Jan 30, 2026 LyondellBasell Industries N.V. announced that they will report Q4, 2025 results Pre-Market on Jan 30, 2026 공시 • Nov 21
LyondellBasell Announces Quarterly Dividend, Payable on December 8, 2025 LyondellBasell announced it has declared a dividend of $1.37 per share, to be paid to shareholders on December 8, 2025, with an ex-dividend and record date of December 1, 2025. 공시 • Oct 06
LyondellBasell Industries N.V. to Report Q3, 2025 Results on Oct 31, 2025 LyondellBasell Industries N.V. announced that they will report Q3, 2025 results Pre-Market on Oct 31, 2025 Declared Dividend • Aug 18
Second quarter dividend of US$1.37 announced Shareholders will receive a dividend of US$1.37. Ex-date: 25th August 2025 Payment date: 2nd September 2025 Dividend yield will be 11%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 11x earnings) nor is it covered by cash flows (381% cash payout ratio). The dividend has increased by an average of 6.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 1,194% to bring the payout ratio under control. EPS is expected to grow by 173% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Upcoming Dividend • Aug 18
Upcoming dividend of US$1.37 per share Eligible shareholders must have bought the stock before 25 August 2025. Payment date: 02 September 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 10%. Within top quartile of German dividend payers (4.4%). Higher than average of industry peers (4.1%). 공시 • Aug 04
Lyondellbasell Industries N.V. Declares Dividend, Payable on September 2, 2025 LyondellBasell Industries N.V. announced it has declared a dividend of $1.37 per share, to be paid to shareholders on September 2, 2025, with an ex-dividend and record date of August 25, 2025. 공시 • Jul 07
LyondellBasell Industries N.V. to Report Q2, 2025 Results on Aug 01, 2025 LyondellBasell Industries N.V. announced that they will report Q2, 2025 results Pre-Market on Aug 01, 2025 공시 • May 23
Lyondellbasell Announces Quarterly Dividend, Payable on June 9, 2025 LyondellBasell announced its board of directors has declared a quarterly dividend of $1.37 per share, representing a $0.03 per share increase over the company's first quarter 2025 dividend. The dividend will be paid to shareholders on June 9, 2025, with an ex-dividend and record date of June 2, 2025. 공시 • Apr 14
LyondellBasell Industries N.V., Annual General Meeting, May 23, 2025 LyondellBasell Industries N.V., Annual General Meeting, May 23, 2025. Location: hilton hotel, schiphol airpor, schiphol blvd. 701, 1118 bn schiphol, Netherlands 공시 • Mar 28
LyondellBasell Industries N.V. to Report Q1, 2025 Results on Apr 25, 2025 LyondellBasell Industries N.V. announced that they will report Q1, 2025 results Pre-Market on Apr 25, 2025 공시 • Mar 20
LyondellBasell Industries N.V. Announces Executive Changes On March 11, 2025, LyondellBasell Industries N.V. announced Chukwuemeka (Emeka) A. Oyolu, Senior Vice President, Chief Accounting Officer, and principal accounting officer informed the Company of his intent to resign, effective as of March 24, 2025, to pursue another opportunity. Effective March 24, 2025, the Company appointed Matthew D. Hayes as the Company’s Senior Vice President, Chief Accounting Officer. Mr. Hayes will serve as the principal accounting officer for the purposes of the Company’s filings with Securities and Exchange Commission and will have global responsibility for corporate accounting, financial reporting and internal controls. Mr. Hayes, age 50, most recently served as Vice President, Financial Planning and Analysis for the Company, and has served with the Company in a variety of capacities since 2004, including as chief internal auditor, and in various roles as director in the accounting department, including external reporting. Prior to joining the Company, Mr. Hayes served in internal audit roles at Halliburton, a multinational oil service company, from 2001 to 2004, and in the public accounting sector from 1996 to 2001. Mr. Hayes is an associate chartered accountant and earned a Bachelor of Science degree in economics, accounting and finance from Aberystwyth University. 공시 • Feb 28
Lyondellbasell Announces Quarterly Dividend, Payable on March 17, 2025 LyondellBasell announced it has declared a dividend of $1.34 per share, to be paid to shareholders on March 17, 2025, with an ex-dividend and record date of March 10, 2025. 공시 • Jan 07
LyondellBasell Industries N.V. to Report Q4, 2024 Results on Jan 31, 2025 LyondellBasell Industries N.V. announced that they will report Q4, 2024 results Pre-Market on Jan 31, 2025 Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$1.77 (vs US$2.30 in 3Q 2023) Third quarter 2024 results: EPS: US$1.77 (down from US$2.30 in 3Q 2023). Revenue: US$10.3b (down 2.9% from 3Q 2023). Net income: US$575.0m (down 23% from 3Q 2023). Profit margin: 5.6% (down from 7.0% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 5.2% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to grow by 4.2%. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. 공시 • Oct 17
LyondellBasell Industries N.V. (NYSE:LYB) completed the acquisition of APK AG. LyondellBasell Industries N.V. (NYSE:LYB) entered into an agreement to acquire APK AG on August 22, 2024. The transaction is subject to customary closing conditions. Martin Schulz and Alexander Ballmann of Jones Day acted as legal advisor to LyondellBasell Industries N.V. Nadja Raiß, Dr Georg Bernsau, Rainer Schmitt, Marion Baumann, Dr. Angelika Bartholomäi and Dr. Simone Wernicke acted as legal advisor to APK AG. Ernst & Young GmbH WirtschaftsprÜFungsgesellschaft acted as financial advisor and due diligence provider to APK AG.
LyondellBasell Industries N.V. (NYSE:LYB) completed the acquisition of APK AG on October 17, 2024. 공시 • Oct 04
LyondellBasell Industries N.V. to Report Q3, 2024 Results on Nov 01, 2024 LyondellBasell Industries N.V. announced that they will report Q3, 2024 results Pre-Market on Nov 01, 2024 공시 • Aug 22
LyondellBasell Industries N.V. (NYSE:LYB) entered into an agreement to acquire APK AG. LyondellBasell Industries N.V. (NYSE:LYB) entered into an agreement to acquire APK AG on August 22, 2024. The transaction is subject to customary closing conditions. Declared Dividend • Aug 19
Second quarter dividend of US$1.34 announced Shareholders will receive a dividend of US$1.34. Ex-date: 26th August 2024 Payment date: 3rd September 2024 Dividend yield will be 5.5%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by both earnings (71% earnings payout ratio) and cash flows (68% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover. 공시 • Aug 16
Lyondellbasell Industries N.V. Declares Dividend, Payable on September 3, 2024 LyondellBasell Industries N.V. declared a dividend of $1.34 per share, to be paid to shareholders on September 3, 2024, with an ex-dividend and record date of August 26, 2024. Reported Earnings • Aug 04
Second quarter 2024 earnings released: EPS: US$2.82 (vs US$2.19 in 2Q 2023) Second quarter 2024 results: EPS: US$2.82 (up from US$2.19 in 2Q 2023). Revenue: US$10.6b (up 2.4% from 2Q 2023). Net income: US$924.0m (up 30% from 2Q 2023). Profit margin: 8.8% (up from 6.9% in 2Q 2023). Revenue is expected to decline by 5.4% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to grow by 4.6%. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. 공시 • Jul 20
LyondellBasell Industries N.V. to Report Q2, 2024 Results on Aug 02, 2024 LyondellBasell Industries N.V. announced that they will report Q2, 2024 results Pre-Market on Aug 02, 2024 Declared Dividend • May 27
First quarter dividend of US$1.34 announced Shareholders will receive a dividend of US$1.34. Ex-date: 3rd June 2024 Payment date: 10th June 2024 Dividend yield will be 5.3%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by both earnings (77% earnings payout ratio) and cash flows (61% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover. 공시 • May 25
LyondellBasell Increases Quarterly Cash Dividend, Payable on June 10, 2024 LyondellBasell announced its board of directors has declared a quarterly dividend of $1.34 per share, representing a 7% 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. 공시 • May 03
Ineos Oxide Ltd completed the acquisition of Ethylene Oxide & Derivatives (EO&D) business and production facility at Bayport Texas of LyondellBasell Industries N.V. Ineos Oxide Ltd. entered into an agreement to acquire Ethylene Oxide & Derivatives (EO&D) business and production facility at Bayport Texas of LyondellBasell Industries N.V. for approximately $700 million on December 8, 2023. The purchase price is subject to working capital and other adjustments. The transaction is expected to close in the second quarter of 2024 following completion of the planned maintenance at the facility and is subject to regulatory and other customary closing conditions. As per filing on April 26, 2024, the transaction is expected to close in the second quarter of 2024. J.P. Morgan acted as financial advisor and King & Spalding acted as legal counsel to LyondellBasell.
Ineos Oxide Ltd completed the acquisition of Ethylene Oxide & Derivatives (EO&D) business and production facility at Bayport Texas of LyondellBasell Industries N.V. on May 1, 2024. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: US$1.46 (vs US$1.45 in 1Q 2023) First quarter 2024 results: EPS: US$1.46 (up from US$1.45 in 1Q 2023). Revenue: US$9.93b (down 3.1% from 1Q 2023). Net income: US$472.0m (flat on 1Q 2023). Profit margin: 4.8% (up from 4.6% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is expected to decline by 4.5% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to grow by 3.7%. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. 공시 • Apr 13
LyondellBasell Industries N.V. to Report Q1, 2024 Results on Apr 26, 2024 LyondellBasell Industries N.V. announced that they will report Q1, 2024 results Pre-Market on Apr 26, 2024 공시 • Apr 09
LyondellBasell Industries N.V., Annual General Meeting, May 24, 2024 LyondellBasell Industries N.V., Annual General Meeting, May 24, 2024, at 08:00 Central European Standard Time. Location: sheraton hotel Schiphol Airport, Schiphol Blvd. 101 1118 BG, Amsterdam, the Netherlands Amsterdam Netherlands Agenda: To consider Elect Board of Directors; to consider Discharge our directors from liability in connection with the exercise of their duties during 2023; to Adopt 2023 Dutch statutory annual accounts; to consider and Appoint the external auditor for 2024 Dutch statutory annual accounts; to Ratify the appointment of independent registered public accounting firm; to Provide an advisory vote on executive compensation (say-on-pay); to Authorize the repurchase of up to 10% of issued share capital; and to consider the cancellation of all or a portion of the shares held in treasury account. 공시 • Mar 27
LyondellBasell Industries N.V. to Exhibit At Npe2024 to Advance Sustainable Solutions and Driving Innovation to Shape the Future of Plastics LyondellBasell announced its participation in the upcoming NPE2024: The Plastics Show scheduled to take place from May 6 to May 10, 2024, at the Orange County Convention Center in Orlando, Fla. The company will be located at booth number S22005 near the main south hall entrance. As a pioneer in the plastics industry, LYB is committed to advancing sustainable solutions and driving innovation to shape the future of plastics. At NPE 2024, LYB will showcase its latest advancements in polymer technology, sustainable manufacturing practices and collaborative efforts toward a circular economy. From lightweight automotive components to durable packaging solutions, the LYB portfolio of high-performance materials continues to empower industries worldwide. In addition, LYB will host interactive, in-booth presentations to highlight the versatility, durability and sustainability of its products. These presentations, delivered by an LYB team of experts, will feature the company's wide range of products and applications, including polyethylene, polypropylene, advanced catalysts and specialty polymers. Recent Insider Transactions • Mar 20
Independent Non-Executive Director recently sold €1.7m worth of stock On the 15th of March, Robin William Buchanan sold around 18k shares on-market at roughly €92.26 per share. This transaction amounted to 63% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.0m more than they bought in the last 12 months. Reported Earnings • Feb 25
Full year 2023 earnings released: EPS: US$6.50 (vs US$11.86 in FY 2022) Full year 2023 results: EPS: US$6.50 (down from US$11.86 in FY 2022). Revenue: US$41.1b (down 19% from FY 2022). Net income: US$2.11b (down 46% from FY 2022). Profit margin: 5.1% (down from 7.7% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 5.9% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to grow by 3.0%. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. 공시 • Feb 23
LyondellBasell Declares Quarterly Dividend, Payable on March 11, 2024 LyondellBasell announced it has declared quarterly dividend of $1.25 per share, to be paid March 11, 2024, to shareholders of record on March 4, 2024, with an ex-dividend date of March 1, 2024. Reported Earnings • Feb 04
Full year 2023 earnings released: EPS: US$6.53 (vs US$11.86 in FY 2022) Full year 2023 results: EPS: US$6.53 (down from US$11.86 in FY 2022). Revenue: US$41.1b (down 19% from FY 2022). Net income: US$2.12b (down 45% from FY 2022). Profit margin: 5.2% (down from 7.7% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 5.1% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to grow by 2.7%. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. 공시 • Jan 20
LyondellBasell Industries N.V. to Report Q4, 2023 Results on Feb 02, 2024 LyondellBasell Industries N.V. announced that they will report Q4, 2023 results Pre-Market on Feb 02, 2024 공시 • Dec 06
LyondellBasell Industries N.V. (NYSE:LYB) acquired an unknown minority stake in Source One GmbH. LyondellBasell Industries N.V. (NYSE:LYB) acquired an unknown minority stake in Source One GmbH on December 4, 2023. Both LyondellBasell Industries N.V and Landbell will be shareholders in Source One.
LyondellBasell Industries N.V. (NYSE:LYB) completed the acquisition of an unknown minority stake in Source One GmbH on December 4, 2023. New Risk • Nov 24
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €1.3m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (63% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (5.5% net profit margin). Significant insider selling over the past 3 months (€1.3m sold). Reported Earnings • Oct 28
Third quarter 2023 earnings released: EPS: US$2.30 (vs US$1.75 in 3Q 2022) Third quarter 2023 results: EPS: US$2.30 (up from US$1.75 in 3Q 2022). Revenue: US$10.6b (down 13% from 3Q 2022). Net income: US$746.0m (up 31% from 3Q 2022). Profit margin: 7.0% (up from 4.7% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is expected to decline by 3.1% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to grow by 1.9%. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. 공시 • Oct 27
LyondellBasell Industries N.V. (NYSE:LYB) acquired 25% stake in Cyclyx International, LLC from Agilyx ASA (OB:AGLX) and Exxon Mobil Corporation (NYSE:XOM). LyondellBasell Industries N.V. (NYSE:LYB) acquired 25% stake in Cyclyx International, LLC from Agilyx ASA (OB:AGLX) and Exxon Mobil Corporation (NYSE:XOM) on October 26, 2023. LyondellBasell Industries N.V. (NYSE:LYB) completed the acquisition of 25% stake in Cyclyx International, LLC from Agilyx ASA (OB:AGLX) and Exxon Mobil Corporation (NYSE:XOM) on October 26, 2023. 공시 • Oct 14
LyondellBasell Industries N.V. to Report Q3, 2023 Results on Oct 27, 2023 LyondellBasell Industries N.V. announced that they will report Q3, 2023 results Pre-Market on Oct 27, 2023 공시 • Sep 26
LyondellBasell Industries N.V. Demonstrates Commitment to Sustainability with Launch of +LC (Low Carbon) Solutions LyondellBasell Industries N.V. announced the expansion of its sustainable offerings with the launch of its +LC (Low Carbon) solutions, a new range of Intermediates and Derivatives (I&D) chemicals produced under an International Sustainability and Carbon Certification (ISCC) PLUS certified mass balance methodology. Sourced from recycled and renewable feedstocks, these +LC solutions are designed to support businesses in meeting their greenhouse gas (GHG) emissions reduction goals while maintaining high-quality applications essential for modern, sustainable living by offering a lower carbon footprint than fossil-based alternatives. Building on a 70-year legacy of innovation and quality in the I&D sector, LyondellBasell enhances its already robust portfolio with the new +LC product range. The products include core I&D offerings such as styrene monomers, ethylene, and propylene oxide (PO), with applications in various sectors, from insulation materials to automotive and consumer goods. This announcement follows the recent startup of LyondellBasell's propylene oxide and tertiary butyl alcohol (PO/TBA) plant in Texas, further cementing the company's position as a global leader in the I&D sector with significant annual production capacities. This PO/TBA unit has an annual capacity of 470 thousand metric tons of PO, as well as one million metric tons of TBA and its derivatives. Every product within the +LC range comes with an ISCC+ mass balance certificate, providing traceability throughout the value chain. The mass balance approach enables renewable and recycled feedstock to be attributed to the final product when these feedstocks are blended with conventional raw materials in the production process. Moreover, Product Carbon Footprint (PCF) data are available for these products, enabling businesses to directly compare the carbon footprints of +LC solutions with traditional fossil-based counterparts. By opting for +LC products, businesses can now seamlessly integrate sustainability into their operations without compromising performance, reflecting a balanced approach to meeting both functional needs and sustainability objectives. The +LC solutions are currently available in Europe and the Americas, and plans for expansion into Asia are set for early 2024. Offering products based on renewable and recycled feedstocks as substitutes for fossil feedstocks contributes to the preservation of fossil resources and the reduction of GHG emissions from feedstock production. 공시 • Aug 19
LyondellBasell Announces Quarterly Dividend, Payable on September 5, 2023 LyondellBasell announced it has declared a dividend of $1.25 per share, to be paid September 5, 2023, to shareholders of record on August 28, 2023, with an ex-dividend date of August 25, 2023. Reported Earnings • Aug 06
Second quarter 2023 earnings released: EPS: US$2.19 (vs US$4.99 in 2Q 2022) Second quarter 2023 results: EPS: US$2.19 (down from US$4.99 in 2Q 2022). Revenue: US$10.3b (down 31% from 2Q 2022). Net income: US$712.0m (down 56% from 2Q 2022). Profit margin: 6.9% (down from 11% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 1.8% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to grow by 1.8%. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 17% per year. 공시 • Jul 24
LyondellBasell Industries N.V. to Report Q2, 2023 Results on Aug 04, 2023 LyondellBasell Industries N.V. announced that they will report Q2, 2023 results Pre-Market on Aug 04, 2023 공시 • Jul 06
LyondellBasell Industries N.V. (NYSE:LYB) completed the acquisition of Mepol Group. LyondellBasell Industries N.V. (NYSE:LYB) entered into a definitive agreement to acquire Mepol Group on March 13, 2023. The transaction consists of Mepol S.r.l. and its subsidiaries Polar S.r.l. and Industrial Technology Investments Poland Sp.z.o.o. The transaction closing is subject to regulatory approval and other customary closing conditions. During this period, Mepol Group will continue to operate on a standalone basis. Stefano Crosio of Jones Day (Italy) and Wardynski & Partners acted as legal advisors to LyondellBasell Industries N.V. (NYSE:LYB). Special Affairs S.R.L. acted as the financial advisor to Mepol Group along with Gitti And Partners Studio Legale Associato acting as the legal advisor.
LyondellBasell Industries N.V. (NYSE:LYB) completed the acquisition of Mepol Group on July 5, 2023. Board Change • Jun 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Rita Griffin was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • May 26
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 9.2%. The fair value is estimated to be €103, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 27%. For the next 3 years, revenue is forecast to decline by 1.6% per annum. Earnings is forecast to grow by 10% per annum over the same time period. Reported Earnings • Apr 30
First quarter 2023 earnings released: EPS: US$1.45 (vs US$4.02 in 1Q 2022) First quarter 2023 results: EPS: US$1.45 (down from US$4.02 in 1Q 2022). Revenue: US$10.2b (down 22% from 1Q 2022). Net income: US$473.0m (down 64% from 1Q 2022). Profit margin: 4.6% (down from 10.0% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 1.7% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 26
Full year 2022 earnings released: EPS: US$11.86 (vs US$16.77 in FY 2021) Full year 2022 results: EPS: US$11.86 (down from US$16.77 in FY 2021). Revenue: US$50.5b (up 9.3% from FY 2021). Net income: US$3.88b (down 31% from FY 2021). Profit margin: 7.7% (down from 12% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 8.3% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to grow by 1.3%. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Feb 10
Executive VP & General Counsel recently sold €926k worth of stock On the 7th of February, Jeffrey Kaplan sold around 10k shares on-market at roughly €92.56 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.3m more than they bought in the last 12 months. 공시 • Jan 21
LyondellBasell Industries N.V. to Report Q4, 2022 Results on Feb 03, 2023 LyondellBasell Industries N.V. announced that they will report Q4, 2022 results Pre-Market on Feb 03, 2023 Buying Opportunity • Jan 18
Now 21% undervalued Over the last 90 days, the stock is up 7.9%. The fair value is estimated to be €110, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 33%. For the next 3 years, revenue is forecast to decline by 8.4% per annum. Earnings is also forecast to decline by 6.4% per annum over the same time period. 공시 • Jan 17
LyondellBasell Appoints Trisha Conley as Executive Vice President of People and Culture, Effective February 1, 2023 LyondellBasell announced it has selected Trisha Conley as its Executive Vice President, People and Culture. Trisha will be a member of the company's Executive Committee and will assume the role on Feb. 1, 2023. She will lead LyondellBasell's vision and strategy to enhance the employee experience, organizational performance, and company culture to be the best and most inspiring in the industry. To support LyondellBasell in its new corporate strategy, the leader for People and Culture will play a pivotal role in driving the company's cultural transformation. Trisha brings more than 25 years of experience in the oil and gas industry as well as the renewable products sector leading human resources, talent management, global integration and organizational development. She comes to LyondellBasell from Chevron Renewable Energy Group, where she was Senior Vice President, People Development. Prior to that, she was the Vice President of Human Resources at BP. Recent Insider Transactions • Jan 08
Insider recently sold €136k worth of stock On the 31st of December, Anup Sharma sold around 2k shares on-market at roughly €79.45 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €411k more than they bought in the last 12 months. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: US$1.75 (vs US$5.26 in 3Q 2021) Third quarter 2022 results: EPS: US$1.75 (down from US$5.26 in 3Q 2021). Revenue: US$12.3b (down 3.5% from 3Q 2021). Net income: US$571.0m (down 68% from 3Q 2021). Profit margin: 4.7% (down from 14% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to decline by 8.3% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Aug 03
Second quarter 2022 earnings released: EPS: US$4.99 (vs US$6.14 in 2Q 2021) Second quarter 2022 results: EPS: US$4.99 (down from US$6.14 in 2Q 2021). Revenue: US$14.8b (up 28% from 2Q 2021). Net income: US$1.64b (down 20% from 2Q 2021). Profit margin: 11% (down from 18% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 6.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 02
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$16.81 (up from US$4.25 in FY 2020). Revenue: US$46.2b (up 66% from FY 2020). Net income: US$5.62b (up 296% from FY 2020). Profit margin: 12% (up from 5.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Over the next year, revenue is expected to shrink by 2.4% compared to a 5.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 5% per year. Board Change • Oct 31
High number of new directors Independent Director Tony Chase was the last director to join the board, commencing their role in 2021. Reported Earnings • Oct 30
Third quarter 2021 earnings released: EPS US$5.25 (vs US$0.33 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$12.7b (up 87% from 3Q 2020). Net income: US$1.76b (up US$1.65b from 3Q 2020). Profit margin: 14% (up from 1.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Director Overboarding • Aug 04
Director Anthony Chase has joined 5th company board Anthony Chase has been appointed to the board of Par Pacific Holdings, Inc. (NYSE:PARR). Chase now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 04
Director Anthony Chase has joined 5th company board Anthony Chase has been appointed to the board of Par Pacific Holdings, Inc. (NYSE:PARR). Chase now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 04
Director Anthony Chase has joined 5th company board Anthony Chase has been appointed to the board of Par Pacific Holdings, Inc. (NYSE:PARR). Chase now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 04
Director Anthony Chase has joined 5th company board Anthony Chase has been appointed to the board of Par Pacific Holdings, Inc. (NYSE:PARR). Chase now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 04
Director Anthony Chase has joined 5th company board Anthony Chase has been appointed to the board of Par Pacific Holdings, Inc. (NYSE:PARR). Chase now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Reported Earnings • Aug 01
Second quarter 2021 earnings released: EPS US$6.14 (vs US$0.94 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$11.6b (up 109% from 2Q 2020). Net income: US$2.05b (up US$1.74b from 2Q 2020). Profit margin: 18% (up from 5.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Executive Departure • Jun 02
Independent Director has left the company On the 28th of May, Isabella Goren's tenure as Independent Director ended after 7.3 years in the role. As of March 2021, Isabella personally held 10.67k shares (€941k worth at the time). A total of 2 executives have left over the last 12 months. Reported Earnings • May 03
First quarter 2021 earnings released: EPS US$3.20 (vs US$0.42 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$9.08b (up 21% from 1Q 2020). Net income: US$1.07b (up US$928.0m from 1Q 2020). Profit margin: 12% (up from 1.9% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Feb 28
Full year 2020 earnings released: EPS US$4.25 (vs US$9.61 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$27.8b (down 20% from FY 2019). Net income: US$1.42b (down 58% from FY 2019). Profit margin: 5.1% (down from 9.8% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Feb 28
Revenue beats expectations Revenue exceeded analyst estimates by 3.5%. Over the next year, revenue is forecast to grow 21%, compared to a 5.5% growth forecast for the Chemicals industry in Germany. Is New 90 Day High Low • Feb 18
New 90-day high: €80.52 The company is up 18% from its price of €68.39 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €134 per share. Reported Earnings • Jan 30
Full year 2020 earnings released: EPS US$4.26 (vs US$9.61 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$27.8b (down 20% from FY 2019). Net income: US$1.42b (down 58% from FY 2019). Profit margin: 5.1% (down from 9.8% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Jan 30
Revenue beats expectations Revenue exceeded analyst estimates by 3.5%. Over the next year, revenue is forecast to grow 13%, compared to a 4.9% growth forecast for the Chemicals industry in Germany. 