LyondellBasell Industries is a global leader in the production of specialty chemicals, polymers, and advanced materials
The company operates multiple manufacturing facilities worldwide, focusing on the development and commercialization of innovative solutions that enhance the performance of various products across diverse industries, including packaging, automotive, construction, and consumer goods. LyondellBasell is committed to sustainable practices and is involved in recycling initiatives to promote a circular economy. Through its extensive portfolio of products, the company plays a vital role in improving everyday life while providing essential materials that support modern manufacturing processes.
A look at the moves made by Viking Fund management in the third quarter, including the exits and new stakes and fund's largest positions at the end of Q3.
LYB stock results show that LyondellBasell Industries missed analyst estimates for earnings per share but beat on revenue for the second quarter of 2024.
LyondellBasell reported Q2 2024 revenues of $10.55B, up from $10.306B a year ago. Adjusted EBITDA was $1.37B and Adjusted EPS was $2.24. Company remains optimistic about Q3 outlook.
LyondellBasell reported Q1 fiscal 2024 revenues of $9.9B, down from $10.25B last year but beating expectations. Adjusted EBITDA and EPS were also lower but above consensus.
