Lyondellbasell Industries N.V. Cl A (LYB) has witnessed mixed stock market performance, often underperforming the market and occasionally outperforming it. The trends in the
bio-tech market and future U.S. net crude oil import predictions seem to impact its performance. With
LyondellBasell's Q3 earnings falling short of expectations, though sales surpassed, investors are seeking guidance to understand the opportunities. In expansion news, LyondellBasell has announced decisions to acquire
Mepol Group and
APK AG Recycling Technology, alongside planning a plastic waste sorting and recycling facility.
Solar power purchase agreements with Grenergy, and renewable energy power purchases signify the company's move towards sustainability. For its
quarterly earnings, consensus around Wall Street seems divided. The company has announced a
quarterly dividend, payable on December 9, 2024. As the company plans to operate the Lyondell Houston refinery at 80% capacity in Q4 2023, it is considered a high-yield stock, paying safe, growing dividends.
Lyondellbasell Industries N v Class A LYB News Analytics from Mon, 26 Jun 2017 07:00:00 GMT to Thu, 12 Dec 2024 22:05:00 GMT -
Rating 1
- Innovation -2
- Information 6
- Rumor -3
