secwatch.observer — SEC 8-K summary
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Issuer:     LyondellBasell Industries N.V. (LYB)
CIK:        0001489393
Form:       8-K
Filed at:   2024-02-02T23:59:59+00:00
Accession:  0001489393-24-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LyondellBasell Q4 net income $185M; announces divestiture and acquisition, dividend up 5%
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- Q4 net income $185M ($411M ex-items); GAAP EPS $0.56, adjusted $1.26.
- Generated $1.5B operating cash flow (171% conversion); returned $406M in dividends.
- FID to build first commercial-scale catalytic advanced recycling plant using MoReTec.
- Divesting Ethylene Oxide & Derivatives for $700M; acquiring 35% of NATPET for $500M.
- Full-year net income $2.1B ($2.8B ex-items); diluted EPS $6.46 ($8.65); EBITDA $4.5B ($5.2B).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1489393/000148939324000005/0001489393-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1489393/000148939324000005/lyb-20240202.htm
  HTML page:      https://secwatch.observer/filing/0001489393-24-000005

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