LyondellBasell Industries NV (LYB) Stock

Value investing isn't very popular right now, but LyondellBasell Industries (LYB) offers a great chance with a 7% yield and lower debt than its competitors. The $75 support level, solid dividend growth, and good free cash flow make it appealing, even though it has been affected by market cycles. LYB's lower Net Debt/Ebitda ratio compared to others helps ensure its dividends are stable, making it a safer choice in the chemical industry.

LyondellBasell, a worldwide petrochemical firm, is currently valued at $25 billion in market capitalization and is a leader in the industry. The company has raised its dividend for 14 years in a row, boasting a 10-year growth rate of 9.5%. However, its expansion efforts are putting pressure on free cash flow, which may restrict its ability to maintain dividend flexibility.

LyondellBasell Industries NV is a major global manufacturer of olefins, polyolefins, and polypropylene, primarily concentrating on North America. The company is shifting towards recycling and renewable polymers, with a goal to recycle 2 million tons annually by 2030 to improve sustainability. LyondellBasell also has a solid history of paying dividends, recently offering a yield of 6.9%, making it a dependable conservative investment with a strong financial position.

HOUSTON and LONDON, Nov. 27, 2024 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE: LYB), a top company in the global chemical sector, has announced that Michael McMurray, the executive vice president and chief financial officer, will take part in a fireside chat at the 2024 Goldman Sachs Industrials and Materials Conference in New York. This event is scheduled for Wednesday, December 4, 2024, at 8 a.m. EST.

HOUSTON and LONDON, Nov. 22, 2024 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE: LYB) has announced that Michael McMurray will retire as executive vice president and chief financial officer on March 1, 2025. Agustin Izquierdo, who is currently the senior vice president of Olefins & Polyolefins Americas & Refining, will take over his position. Until then, Izquierdo will keep his current role.

HOUSTON and LONDON, Nov. 22, 2024 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE: LYB) has announced a dividend of $1.34 per share, which will be distributed to shareholders on December 9, 2024. The ex-dividend and record date is set for December 2, 2024. Here is some information about LyondellBasell.

LyondellBasell Industries has not performed well, experiencing a 4% loss in the last year and a 15% drop from its highest point in 52 weeks, mainly because of low demand in China. While the company is doing well in the US, it is facing difficulties globally, with its European operations looking for new strategies and the refining unit possibly shutting down. Although LYB has a solid financial position and offers a 6.2% dividend yield, it is struggling to gain momentum due to decreasing returns on capital and slow economic growth.

While the revenue and earnings per share (EPS) for LyondellBasell (LYB) provide insight into its performance for the quarter ending September 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.

In the third quarter, LYB experienced increased polyethylene margins in North America due to lower costs for ethane and natural gas, along with rising polyethylene prices.