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Last $104.50 USD
Change Today +0.98 / 0.95%
Volume 3.7M
LYB On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 05/1/15 All times are local (Market data is delayed by at least 15 minutes).

lyondellbasell indu-cl a (LYB) Snapshot

Open
$104.31
Previous Close
$103.52
Day High
$105.10
Day Low
$103.05
52 Week High
09/19/14 - $115.40
52 Week Low
12/15/14 - $70.06
Market Cap
49.5B
Average Volume 10 Days
4.4M
EPS TTM
$8.67
Shares Outstanding
473.3M
EX-Date
02/26/15
P/E TM
12.1x
Dividend
$2.80
Dividend Yield
2.68%
Current Stock Chart for LYONDELLBASELL INDU-CL A (LYB)

lyondellbasell indu-cl a (LYB) Related Businessweek News

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lyondellbasell indu-cl a (LYB) Details

LyondellBasell Industries N.V. operates as a manufacturer of chemicals and polymers, refiner of crude oil, producer of gasoline blending components, and developer and licensor of technologies for production of polymers. The company operates in five segments: Olefins and Polyolefins—Americas; Olefins and Polyolefins—Europe, Asia, International; Intermediates and Derivatives; Refining; and Technology. It produces and markets olefins, including ethylene, propylene, and butadiene; polyolefins, which consist of high density polyethylene, low density polyethylene, linear low density polyethylene, and polypropylene (PP); specialty polyolefins comprising PP compounds, catalloy process resins, and polybutene-1 resins; and aromatics, which include benzene. The company also produces and markets propylene oxide (PO); PO co-products, such as styrene monomers and tertiary butyl alcohol; PO derivatives consisting of propylene glycol, propylene glycol ethers, and butanediol; acetyls, including methanol, acetic acid, and vinyl acetate monomers; and ethylene derivatives, such as ethylene oxide, ethylene glycol, ethylene glycol ethers, and ethanol. In addition, it refines gasoline and components, ultra low sulfur diesel, jet fuel, lube oils, and aromatics. Further, the company develops and licenses chemical, polyolefin, and other process technologies, as well as provides associated engineering and other services; and develops, manufactures, and sells polyolefin catalysts. LyondellBasell Industries N.V. was founded in 2005 and is based in Rotterdam, the Netherlands.

13,100 Employees
Last Reported Date: 02/17/15
Founded in 2005

lyondellbasell indu-cl a (LYB) Top Compensated Officers

Chairman of the Management Board and Chief Ex...
Total Annual Compensation: $609.0K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $765.7K
Executive Vice President of Global Olefins & ...
Total Annual Compensation: $609.0K
Compensation as of Fiscal Year 2014.

lyondellbasell indu-cl a (LYB) Key Developments

Lyondellbasell Expects to Start Up Cracker Expansion Project in Channelview, Texas, in June 2015

LyondellBasell announced that it expects to start up its cracker expansion project in Channelview, Texas, in June 2015. The project will expand ethylene capacity by 250 million lb/year (113,000 tonnes/year), and it should cost about $200 million. The company also plans to expand its cracker in Corpus Christi, Texas. That will add 800 million lb/year and cost $600 million. The company should start up the expansion in early 2016. The company will conduct a second expansion project at Channelview, which will add another 550 million lb/year of capacity. That project should start up in 2017 and cost $300 million. Those derivative units include a polyethylene (PE) plant and a metathesis unit, which would use ethylene to produce propylene. The PE unit could have a capacity of 1 billion lb/year and operations could start in the middle of 2017. The company has two crackers in Channelview, according to ICIS plants and projects. Each cracker has a capacity of 873,000 tonne/year. Its cracker in Corpus Christi has a capacity of 265,000 tonnes/year.

LyondellBasell Industries N.V. Announces Earnings Results for the First Quarter Ended March 31, 2015

LyondellBasell Industries N.V. announced earnings results for the first quarter ended March 31, 2015. For the quarter, the company’s sales and other operating revenues were $8,185 million compared with $11,135 million a year ago. Net income was $1,164 million or $2.41 per diluted share compared with $944 million or $1.72 per diluted share a year ago. Income from continuing operations was $1,167 million or $2.42 per diluted share compared with $943 million or $1.72 per diluted share a year ago. EBITDA was $1,952 million compared with $1,668 million a year ago. Operating income from continuing operations was $1,575 million compared with $1,340 million a year ago. Net income attributable to the company shareholders was $1,166 million compared with $945 million a year ago. Income from continuing operations before income taxes was $1,607 million compared with $1,326 million a year ago. Net cash provided by operating activities was $1,468 million compared with $801 million a year ago. Capital expenditures, including growth projects, maintenance turnarounds, catalyst and information technology-related expenditures, were $306 million during the first quarter 2015.

Striking Houston Union Workers Rejects LyondellBasell Offer

LyondellBasell Industries and striking United Steelworkers union members have yet to reach a local agreement to end the strike at the company's Houston refinery. And LyondellBasell says the union just rejected its last, best and final offer in a vote late on April 14. LyondellBasell officials told the Chronicle that the company would move forward with implementing the terms of its proposed contract on April 20. The company invited workers to return, but officials also told the Chronicle it would move forward with new hires. The union plans to meet April 15 to discuss next steps, the Chronicle reports. Earlier this month, LyondellBasell released a public letter venting its frustration with the strike, which began Feb. 1. After Houston-based Shell Oil Co., which was negotiating on behalf of the industry, reached an agreement with union representatives that could be used as a model, several companies reached local agreements to end the strikes. Houston-based Motiva Enterprises LLC was one of the first to do so. However, workers at two of Ohio-based Marathon Petroleum Corp.'s plants in Texas City and two of London-based BP PLC's refineries in the Midwest are still on strike, the Chronicle reports. The union represents 30,000 workers nationwide, 5,000 of which are in the Houston area. Texas is a right-to-work state, which means individuals are not required to join labor unions.

 

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LYB

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Valuation LYB Industry Range
Price/Earnings 12.0x
Price/Sales 1.2x
Price/Book 6.6x
Price/Cash Flow 11.3x
TEV/Sales 0.9x
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