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LyondellBasell Industries NV (LYB.N)

LYB.N on New York Stock Exchange

115.32USD
15 Jun 2018
Change (% chg)

$1.17 (+1.02%)
Prev Close
$114.15
Open
$117.55
Day's High
$117.85
Day's Low
$114.21
Volume
1,371,701
Avg. Vol
588,450
52-wk High
$121.90
52-wk Low
$78.90

Latest Key Developments (Source: Significant Developments)

LyondellBasell Reports Q1 Earnings Per Share $3.11
Friday, 27 Apr 2018 06:45am EDT 

April 27 (Reuters) - LyondellBasell Industries NV ::LYONDELLBASELL REPORTS FIRST QUARTER 2018 EARNINGS.Q1 EARNINGS PER SHARE $3.11.Q1 EARNINGS PER SHARE VIEW $2.75 -- THOMSON REUTERS I/B/E/S.INCREASES QUARTERLY DIVIDEND BY 11 PERCENT TO $1.00PER SHARE.BEGINNING TO SEE TYPICAL SEASONAL MARGIN IMPROVEMENTS IN OXYFUELS AND REFINING.OVER PAST TWO MONTHS, U.S. MARKET HAS EXPERIENCED AN IMBALANCE BETWEEN ETHYLENE PRODUCTION AND CONSUMPTION.QTRLY SALES AND OTHER OPERATING REVENUES $9,767 MILLION VERSUS $8,430 MILLION."ROBUST GLOBAL DEMAND AND RECENT HIGHER OIL PRICES CONTINUE TO SUPPORT STRONG POLYOLEFIN PRICING".LYONDELLBASELL - ETHYLENE PRODUCTION & CONSUMPTION IMBALANCE IN U.S., IS EXPECTED TO IMPROVE AS DOWNSTREAM DERIVATIVE UNITS ATTAIN FULL OPERATING. RATES.  Full Article

Lyondellbasell Industries NV Says CEO Bob Patel's FY 2017 Total Compensation Was $17.6 Mln
Friday, 30 Mar 2018 03:34pm EDT 

March 30 (Reuters) - Lyondellbasell Industries Nv ::LYONDELLBASELL INDUSTRIES NV SAYS CEO BOB PATEL'S FY 2017 TOTAL COMPENSATION WAS $17.6 MILLION VERSUS $12.6 MILLION IN FY 2016 - SEC FILING.  Full Article

LyondellBasell Receives U.S. Antitrust Clearance For Acquisition Of A. Schulman
Wednesday, 21 Mar 2018 06:45am EDT 

March 21 (Reuters) - Lyondellbasell Industries Nv ::LYONDELLBASELL RECEIVES U.S. ANTITRUST CLEARANCE FOR ACQUISITION OF A. SCHULMAN.LYONDELLBASELL INDUSTRIES NV - TRANSACTION IS EXPECTED TO CLOSE IN SECOND HALF OF 2018.  Full Article

LyondellBasell Announces Increase To Quarterly Dividend
Friday, 23 Feb 2018 06:30am EST 

Feb 23 (Reuters) - LyondellBasell Industries Nv ::LYONDELLBASELL ANNOUNCES INCREASE TO QUARTERLY DIVIDEND.LYONDELLBASELL ANNOUNCES INCREASE TO QUARTERLY DIVIDEND.INCREASES QUARTERLY DIVIDEND BY 11 PERCENT TO $1.00PER SHARE.  Full Article

Lyondellbasell Says Upon Termination Of Deal, A Schulman To Pay Co Cash Termination Fee Of $50 Million
Thursday, 15 Feb 2018 11:19am EST 

Feb 15 (Reuters) - Lyondellbasell Industries Nv ::LYONDELLBASELL SAYS UPON TERMINATION OF MERGER AGREEMENT UNDER SPECIFIED CIRCUMSTANCES, A SCHULMAN TO PAY CO CASH TERMINATION FEE OF $50 MILLION.  Full Article

LyondellBasell To Acquire A Schulman Inc
Thursday, 15 Feb 2018 07:45am EST 

Feb 15 (Reuters) - Lyondellbasell Industries NV ::LYONDELLBASELL ANNOUNCES ENTRY INTO A DEFINITIVE AGREEMENT TO ACQUIRE A. SCHULMAN INC.LYONDELLBASELL INDUSTRIES NV - DEAL FOR TOTAL CONSIDERATION OF $2.25 BILLION.LYONDELLBASELL INDUSTRIES NV - LYONDELLBASELL IS USING CASH-ON-HAND TO FINANCE ACQUISITION.LYONDELLBASELL INDUSTRIES NV - WILL PURCHASE 100 PERCENT OF A. SCHULMAN COMMON STOCK FOR $42 PER SHARE IN CASH AND ONE CONTINGENT VALUE RIGHT PER SHARE.LYONDELLBASELL INDUSTRIES NV - ACQUISITION IS EXPECTED TO BE ACCRETIVE TO EARNINGS WITHIN FIRST FULL YEAR FOLLOWING CLOSE.LYONDELLBASELL INDUSTRIES NV - EXPECTS TO CAPTURE $150 MILLION IN RUN-RATE COST SYNERGIES WITHIN TWO YEARS.LYONDELLBASELL INDUSTRIES NV - EXPECTS DEAL TO ACHIEVE $150 MILLION IN RUN-RATE COST SYNERGIES WITHIN TWO YEARS.LYONDELLBASELL INDUSTRIES NV - PROPOSED ACQUISITION HAS BEEN UNANIMOUSLY APPROVED BY RESPECTIVE BOARDS OF LYONDELLBASELL AND A. SCHULMAN.LYONDELLBASELL INDUSTRIES NV - UNDER DEAL, CO WILL ASSUME OUTSTANDING DEBT, CERTAIN OTHER OBLIGATIONS OF A. SCHULMAN, INC.  Full Article

Lyondellbasell Posts Q4 Earnings $4.80/Shr From Continuing Operations
Friday, 2 Feb 2018 06:45am EST 

Feb 2 (Reuters) - Lyondellbasell Industries Nv ::LYONDELLBASELL REPORTS 2017 EARNINGS.Q4 EARNINGS PER SHARE $4.80 FROM CONTINUING OPERATIONS.U.S. TAX REFORM PROVIDED AN $819 MILLION ONE-TIME, NON-CASH BENEFIT IN Q4.QTRLY SALES AND OTHER OPERATING REVENUES $9,135 MILLION VERSUS $7,747 MILLION.Q4 REVENUE VIEW $8.79 BILLION -- THOMSON REUTERS I/B/E/S.STRONG GLOBAL DEMAND AND DELAYS IN CAPACITY ADDITIONS ACROSS INDUSTRY HAVE IMPROVED OUTLOOK FOR 2018.‍NET EFFECT OF BOND REFINANCING, GEOSEL GAIN, TAX REFORM BENEFIT POSITIVELY IMPACTED FY 2017 EARNINGS BY $2.05 PER SHARE​.LYONDELLBASELL - ‍ONE-TIME, NON-CASH BENEFIT FROM U.S. TAX REFORM REDUCED NET DEFERRED TAX LIABILITIES AND INCREASED EARNINGS BY $2.07 PER SHARE IN Q4 ​.Q4 EARNINGS PER SHARE VIEW $2.56 -- THOMSON REUTERS I/B/E/S.  Full Article

Lyondellbasell and Suez Purchase European Plastics Recycling Company ‍enters into agreement to purchase 50 pct stake in Quality Circular Polymers
Monday, 27 Nov 2017 06:45am EST 

Nov 27 (Reuters) - Lyondellbasell Industries Nv ::LYONDELLBASELL AND SUEZ PURCHASE EUROPEAN PLASTICS RECYCLING COMPANY.LYONDELLBASELL - ‍ENTERED INTO DEFINITIVE AGREEMENT TO PURCHASE 50 PERCENT STAKE IN QUALITY CIRCULAR POLYMERS, A PLASTICS RECYCLING COMPANY IN NETHERLANDS​.LYONDELLBASELL INDUSTRIES - ‍UNDER TERMS OF AGREEMENT, LYONDELLBASELL WILL BE A 50 / 50 PARTNER IN QCP WITH SUEZ​.  Full Article

LyondellBasell board authorizes quarterly dividend
Wednesday, 15 Nov 2017 06:45am EST 

Nov 15 (Reuters) - LyondellBasell Industries NV :LyondellBasell board authorizes quarterly dividend.LyondellBasell Industries NV - ‍supervisory board has authorized company's management board to declare a dividend of $0.90 per share​.  Full Article

LyondellBasell makes takeover approach to Braskem - WSJ
Monday, 30 Oct 2017 01:27pm EDT 

Oct 30 (Reuters) - Braskem Sa :LyondellBasell makes takeover approach to Braskem - WSJ, citing sources.LyondellBasell deal could value the brazilian petrochemical company at well over $10 billion- WSJ‍​.  Full Article

Deals of the day-Mergers and acquisitions

June 15 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday: