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LyondellBasell Industries N.V. (LYB)

NYSE - Nasdaq Real Time Price. Currency in USD
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78.59+3.31 (+4.40%)
As of 03:40PM EDT. Market open.

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  • A
    Allen
    Added today @ $80
  • I
    Ismail
    Is there anybody here?
  • S
    Sunshine Design
    6% yield time to add
  • E
    Eric
    Just buying more when it drops. Normally I have a stop but much more lenient for good quality dividend stocks.
  • D
    Darrell
    Dow Inc. DOW –1.63% is one of three chemicals stocks that KeyBanc downgraded, noting a “petrochemical recession Is likely upon us.”
    Aleksey Yefremov cut his rating on Dow (ticker: DOW) stock to Underweight from Sector Weight with a below-market price target of $45. The analyst also downgraded both LyondellBasell Industries LYB –1.17% (LYB) and Westlake WLK –3.99% (WLK) stock to Underweight from Sector Weight, and set price targets of $73 and $90, respectively, which are also below where the shares are currently trading. Yefremov cited a downside in polyethylene prices, Dow’s decision to cut polyethylene production, and weakening demand in polyethylene markets as reasons for his moves.
  • B
    Brian
    after seeing a 5%drop then a 3% drop then a small dip I think we will see a 80.00 line half of what it was approx 6 months ago?
  • M
    Mark
    6.5 yield , what am I missing ?
  • D
    DARWICHE
    They had some interesting insights about LYB on (http://bullishstocks.tech). Definitely made me think twice about the company.
  • A
    Allen
    Very quiet here.
  • B
    Brian
    there is wiggle room here and my thought when it hit 160.00 pershare we are half now but today my downturn is the marker for all of my stocks and it must be a loss at 4.00or more buy what you can.
  • R
    Rex
    Glorious yield
  • M
    Mattg
    Might be pricing in Texas capex
  • R
    Rex
    What a glorious yield
  • A
    Anonymous
    Trailing PE of 5, yield of 5%. Why is the price so low?
  • R
    Ralph
    bought lyb in July 2020 drip drip
  • 2
    2020Bronco
    How in the heck is LYB red today? THAT was a great quarter. I have not listened to the call yet, however.
  • D
    Darrell
    Refiners like LyondellBasell Industries N.V. (NYSE:LYB) are struggling to keep up with global demand due to various factors, including Russian sanctions and a quota on Chinese exports. U.S capacity has fallen close to 1 million barrels per day compared to pre-pandemic levels, at 17.9 million barrels. LyondellBasell has contributed to that collapse, recently shutting down its Houston refinery due to its high cost of maintenance. That site was capable of refining more than 280,000 barrels daily.
    LyondellBasell Industries N.V. (NYSE:LYB) is also facing other headwinds, including high ethane prices, which are eating into the margins of one of the world’s leading ethylene producers. Bank of America also cited inflationary pressure as a driving force behind a loss of consumer confidence and activity, which could further squeeze chemical companies’ margins.
  • P
    Patrick
    I am voting AGAINST the stock repurchase plan. I would prefer to see a DEBT REDUCTION PLAN. The forward PE of 6 should be able to go up without a stock buyback. The previous stock buybacks have not helped much. Loweringing the debt builds a more solid financial foundation able to withstand hard times while reducing interest expense.