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Added to YB: 2026-08-14

Pitch date: 2026-08-11

LYB [neutral]

LyondellBasell Industries N.V.

-1.75%

current return

Author Info

Lasse writes about energy/offshore & shipping + LatAm value. Sign up for the newsletter.

Company Info

LyondellBasell Industries N.V. operates as a chemical company in the United States, Germany, China, Mexico, Italy, Japan, France, Poland, the Netherlands, and internationally.

Market Cap

$20.3B

Pitch Price

$63.51

Price Target

N/A

Dividend

4.39%

EV/EBITDA

7.90

P/E

-76.13

EV/Sales

1.03

Sector

Chemicals

Category

turnaround

Show full summary:
LyondellBasell - $LYB

LYB (holding update): Lowest-cost US ethane cracker, 80% advantaged feedstock. Q2 EBITDA $2.1B, EPS $4.30 vs $3.41 est on Hormuz closure/damaged ME capacity (6M tons, not back before 2027). Stock $62.65, +41% YTD but 25% below $84 March high (which was based on this scenario). Working capital reversal ($1.4B) may confuse prints. Re-rate to high-70s needs no heroics; $100+ unlikely. Holding 4.5%.

Read full article (6 min)