LyondellBasell Industries N.V. (LYB)
These Analysts Slash Their Forecasts On LyondellBasell Industries After Q4 Results
LyondellBasell Industries N.V. LYB reported better-than-expected fourth-quarter 2024 sales on Friday.
High Yield At Bargain Price: LyondellBasell
LyondellBasell presents a bargain-priced investment, paying 7% QDI dividends. Despite cyclical headwinds, LYB offers strong long-term income potential with its strategic changes around less profitable segments. LYB has a history of sustainable, growing dividends, making it a reliable income source for retirees.
LyondellBasell Industries N.V. (LYB) Q4 2024 Earnings Call Transcript
LyondellBasell Industries N.V. (NYSE:LYB ) Q4 2024 Earnings Conference Call January 31, 2025 11:00 AM ET Company Participants David Kinney - Head of Investor Relations Peter Vanacker - Chief Executive Officer Michael McMurray - Executive Vice President and Chief Financial Officer Agustin Izquierdo - Incoming Chief Financial Officer Kim Foley - Executive Vice President of Global Olefins & Polyolefins and Refining Aaron Ledet - Executive Vice President of Intermediates & Derivatives and Supply Chain Torkel Rhenman - Executive Vice President of Advanced Polymer Solutions Conference Call Participants Steve Byrne - Bank of America Merrill Lynch Patrick Cunningham - Citigroup Inc. Christopher Perrella - UBS Jeffrey Zekauskas - JPMorgan Chase & Co. Vincent Andrews - Morgan Stanley Frank Mitsch - Fermium Research Kevin McCarthy - Vertical Research Partners Operator Hello, and welcome to the LyondellBasell Teleconference.
LyondellBasell's Q4 Earnings Meet, Revenues Beat Estimates
LYB's businesses delivers strong cash performance amid difficult market conditions in Q4.
Here's What Key Metrics Tell Us About LyondellBasell (LYB) Q4 Earnings
The headline numbers for LyondellBasell (LYB) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
LyondellBasell (LYB) Q4 Earnings Match Estimates
LyondellBasell (LYB) came out with quarterly earnings of $0.75 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.26 per share a year ago.
LyondellBasell Industries Shares Cross 7% Yield Mark
In trading on Thursday, shares of LyondellBasell Industries were yielding above the 7% mark based on its quarterly dividend (annualized to $5.36), with the stock changing hands as low as $74.35 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return.
LyondellBasell to Report Q4 Earnings: What's in the Offing?
Softer demand across most businesses is expected to have weighed on LYB's fourth-quarter performance.
Earnings Preview: LyondellBasell (LYB) Q4 Earnings Expected to Decline
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.
LyondellBasell: The 7% Dividend Yield May Be At Risk
LyondellBasell Industries N.V. is a leading global petrochemical producer with significant operations in North America and Europe. The firm's earnings have trailed off over the past couple of years, and the company now has a high dividend payout ratio. Given the macroeconomic uncertainty, earnings could be depressed for a while, placing strain on the dividend.
LyondellBasell price target lowered to $90 from $110 at Evercore ISI
Evercore ISI lowered the firm's price target on LyondellBasell to $90 from $110 and keeps an In Line rating on the shares as a new analyst took over coverage of the stock and 10 other chemical names. Dissonance between sputtering industrial demand into year-end and prospects for a "less bad" 2025 has "muddled the forward outlook for chemicals investors" and the firm's sense is further EBITDA and EPS cuts coming to Q1 and FY25 "are needed to clear the deck," the analyst says. However, Evercore suspects the stocks "move sharply higher with signs of improving demand, so begin to position accordingly," the analyst added.
End Of Year Value Shopping: LYB's 7% Yield With A Twist
Value investing is currently out of favor, but LyondellBasell Industries (LYB) presents a compelling value opportunity with a 7% yield and less leverage than peers. LYB's $75 support zone, strong dividend growth, and free cash flow cushion make it attractive despite its cyclical nature and recent underperformance. LYB maintains a lower Net Debt/Ebitda ratio compared to peers, enhancing its dividend sustainability and making it a safer bet in the commodity chemical sector.
