LYB

LyondellBasell remains a Buy at ~$63, with Q2 results far exceeding expectations due to favorable market conditions and operational leverage. O&P Americas drove Q2 strength, with adjusted EBITDA surging to $1.27B, but these margins are not expected to persist as Middle East supply normalizes. LYB's cost-cutting, asset sales, and improved balance sheet (net debt/EBITDA down to 2.6x) enhance structural profitability even at normalized margins.

LyondellBasell Industries is upgraded to a buy, reflecting a more competitive infrastructure base and favorable market positioning. LYB's EBITDA margins surged from 9% to 23% due to cost optimization and Middle East supply disruptions, with further upside on the cards as Bayport resumes. At a forward 6.25x EBITDA multiple and projected 111% YoY EBITDA growth, LYB offers superior value and growth versus DOW.

HOUSTON and LONDON, Aug. 14, 2026 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE: LYB) today announced it has declared a dividend of $0.69 per share, to be paid to shareholders on Aug. 31, 2026, with an ex-dividend and record date of Aug. 24, 2026.

LyondellBasell says Middle East polyethylene outages may support margins beyond the near term as cost cuts and North American assets sharpen operating leverage.

LyondellBasell Industries N.V. (LYB) Q2 2026 Earnings Call Transcript

LyondellBasell Industries NYSE: LYB said second-quarter earnings and margins improved sharply as disruptions tied to the Middle East conflict tightened petrochemical supply, altered trade flows and supported pricing across several of its businesses.

LyondellBasell topped Q2 earnings and sales estimates as solid margins, higher operating rates and supply disruptions lifted results despite market volatility.

Although the revenue and EPS for LyondellBasell (LYB) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

LyondellBasell (LYB) came out with quarterly earnings of $4.3 per share, beating the Zacks Consensus Estimate of $3.56 per share. This compares to earnings of $0.62 per share a year ago.

HOUSTON and LONDON, July 31, 2026 (GLOBE NEWSWIRE) -- LyondellBasell Industries (NYSE: LYB) (the "company") today announced results for the second quarter 2026. Comparisons with the prior quarter and second quarter 2025 are available in the following table: