---
schema_version: "secwatch.filing_event.v1"
accession: "0001489393-23-000036"
form_type: "8-K"
ticker: "LYB"
cik: "0001489393"
company_name: "LyondellBasell Industries N.V."
filed_at: "2023-08-04T23:59:59+00:00"
generated_at: "2026-06-12T05:53:52.165435+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# LyondellBasell Q2 net income $715M ($2.18 EPS); adj. EPS $2.44; dividend raised 5%

## Summary
- Q2 net income $715M ($2.18 diluted EPS); adjusted net income $801M ($2.44) vs Q2 2022 net income $1.644B ($4.98).
- Sales $10.3B down 31% YoY from $14.8B; EBITDA $1.38B vs $2.38B YoY.
- Increased quarterly dividend 5% to $1.25/share; returned $508M to shareholders via dividends and buybacks.
- Extended refining operations through no later than end of Q1 2025; raised 2023 Value Enhancement Program target.
- Net cash provided by operating activities $1.3B in Q2; $4.8B trailing twelve months.

## SEC filing metadata
- accession: 0001489393-23-000036
- form_type: 8-K
- ticker: LYB
- cik: 0001489393
- company_name: LyondellBasell Industries N.V.
- filed_at: 2023-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1489393/000148939323000036/0001489393-23-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1489393/000148939323000036/lyb-20230804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001489393-23-000036
- JSON: https://secwatch.observer/filing/0001489393-23-000036.json
- Plain text: https://secwatch.observer/filing/0001489393-23-000036.txt

## Key facts
- Earnings Releases
  LyondellBasell Industries N.V. reported the quarter ended June 30, 2023 results: revenue $10,306, net income $715 million, EPS $2.18 per share.
  - Period: the quarter ended June 30, 2023
  - Revenue: $10,306
  - Net income: $715 million
  - EPS: $2.18 per share
  - Result: reported results
  source text: of U.S. dollars (except share data) Three Months Ended Six Months Ended June 30, 2023 March 31, 2023 June 30, 2022 June 30, 2023 June 30, 2022 Sales and other operating revenues $10,306 $10,247 $14,838 $20,553 $27,995 Net income 715 474 1,644 1,189 2,964 Diluted earnings per share 2.18 1.44 4.98 3.62 8.98 Weighted average diluted share count 326 327 329 327 329
  evidence_url: https://www.sec.gov/Archives/edgar/data/1489393/000148939323000036/0001489393-23-000036-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.