secwatch.observer — SEC 8-K summary
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Issuer:     LyondellBasell Industries N.V. (LYB)
CIK:        0001489393
Form:       8-K
Filed at:   2023-08-04T23:59:59+00:00
Accession:  0001489393-23-000036
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1489393/000148939323000036/0001489393-23-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1489393/000148939323000036/lyb-20230804.htm
  HTML page:      https://secwatch.observer/filing/0001489393-23-000036

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer