Sales of LyondellBasell (LYB) in Q2 increase due to higher production and improved seasonal demand.
LyondellBasell (LYB) came out with quarterly earnings of $2.24 per share, beating the Zacks Consensus Estimate of $2.23 per share. This compares to earnings of $2.44 per share a year ago.
Petrochemical manufacturer LyondellBasell on Friday edged past Wall Street estimates for second-quarter profit and said it expects margins to continue to benefit from lower feedstock prices in the third quarter.
LyondellBasell (LYB) is expected to have benefited from increased seasonal demand and lower energy costs in key regions in Q2.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for LyondellBasell (LYB), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.
LyondellBasell (LYB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The start-up of the new production line marks another milestone in LyondellBasell's (LYB) ongoing commitment to the China market.
LyondellBasell (LYB) acquires a 35% stake in NATPET from Alujain, boosting its PP business and Saudi presence with plans for a new propylene facility.
LyondellBasell (LYB), through this partnership, can contribute to the elimination of plastic waste in the environment and the development of solutions for everyday sustainable living.
With this hike, LyondellBasell (LYB) will increase its dividend for the 14th consecutive year in 2024.
LyondellBasell Industries NV said Friday that it raised its dividend by 7%, reinforcing the chemicals and plastics resins company's position as having the highest-yielding stock among its materials-sector peers.
The new product grades demonstrate how LyondellBasell (LYB) is developing solutions for everyday sustainable living.