LyondellBasell Industries N.V. (LYB) Q3 2024 Earnings Call Transcript
LyondellBasell Industries N.V. (NYSE:LYB ) Q3 2024 Earnings Conference Call November 1, 2024 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 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 Vincent Andrews - Morgan Stanley Patrick Cunningham - Citi David Begleiter - Deutsche Bank Jeffrey Zekauskas - JPMorgan Aleksey Yefremov - KeyBanc Capital Markets Joshua Spector - UBS Frank Mitsch - Fermium Research Michael Sison - Wells Fargo Kevin McCarthy - Vertical Research Partners Hassan Ahmed - Alembic Global Advisors Operator Hello, and welcome to the LyondellBasell Teleconference.
LyondellBasell's Q3 Earnings Lag, Sales Surpass Estimates
LYB sees higher polyethylene margins in North America in Q3, driven by favorable ethane and natural gas costs and higher polyethylene prices.
LyondellBasell (LYB) Q3 Earnings Miss Estimates
LyondellBasell (LYB) came out with quarterly earnings of $1.88 per share, missing the Zacks Consensus Estimate of $2.03 per share. This compares to earnings of $2.46 per share a year ago.
LyondellBasell to Report Q3 Earnings: What's in Store for the Stock?
LYB's third-quarter performance is likely to have benefited from favorable demand and lower feedstock and energy costs amid storm-related headwinds.
LyondellBasell (LYB) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates
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 September 2024.
Earnings Preview: LyondellBasell (LYB) Q3 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 & Dacia Develop Recycled Solution for Duster Model
LYB and Dacia are collaborating to set a new benchmark for automotive design and inspire the industry to embrace a more sustainable future.
LyondellBasell: Dividend Opportunity That Might Not Last
LyondellBasell's stock has outperformed the basic materials segment, while offering a very attractive dividend yield. The 5.6% yield is in stark contrast to that of the S&P 500, which is near all-time lows. There aren't any immediate risks for the dividend, beyond that of a major recession in the U.S.
LyondellBasell Invests in New Recycling Center in Germany
The investment aligns with LYB's goal of producing and marketing at least 2 million metric tons of recycled and renewable-based polymers annually by 2030.
LyondellBasell (LYB) to Acquire APK AG Recycling Technology
LyondellBasell (LYB) believes APK's solvent-based recycling technology complements its existing mechanical and sophisticated recycling technologies.
LyondellBasell (LYB), Renault & Antolin Launch Foamed Material
The Hostacom foaming material is developed with cutting-edge LyondellBasell (LYB) catalyst technology, which improves the rheology of the PP polymer matrix.
LyondellBasell Industries: Remains Undervalued Based On Its Dividends
LyondellBasell Industries operates as a chemical company in the US and internationally. Our updated two-stage dividend discount model values LYB stock at $136, significantly above the current price. A set of traditional price multiples also indicates undervaluation. Quarterly earnings show growth and commitment to returning value shareholders.
