Matthew D. Hayes
Effective March 24, 2025, the Company appointed Matthew D. Hayes as the Company’s Senior Vice President, Chief Accounting Officer.
Highest-materiality recent filing
Net income $125M ($0.38 diluted EPS); $163M ($0.49) excluding identified items.
LyondellBasell full-year 2025 net loss $738M; adjusted EPS $1.70, revenue down 9.7% YoY
Full-year net loss $738M (diluted EPS -$2.34); adjusted net income $563M ($1.70 EPS).
LyondellBasell issues $1.5B in guaranteed notes: $500M at 5.125% due 2031, $1B at 5.875% due 2036
Issuer LYB International Finance III, LLC sold $500M 5.125% notes due 2031 and $1B 5.875% notes due 2036.
LyondellBasell Q3 net loss $890M, adjusted EPS $1.01; signs SPA for European assets sale
Q3 net loss of $890M ($2.77 diluted loss per share); adjusted net income $330M ($1.01 EPS).
LyondellBasell amends credit facility; raises leverage cap to 4.50x, curbs dividends and buybacks
Maximum Leverage Ratio raised to 4.50x through June 2027 from 3.50x, stepping down to 4.00x by Dec 2027.
LyondellBasell Q2 net income $115M, down 88% YoY; sales $7.66B
Net income $115M ($0.34 diluted EPS) vs $924M ($2.82) in Q2 2024; adjusted EPS $0.62.
LyondellBasell agrees to sell four European O&P sites to AEQUITA; expects $700-900M loss
LYB signs put option with AEQUITA to sell assets at Carrington (UK), Tarragona (Spain), Münchsmünster (Germany), Berre (France).
LyondellBasell shareholders approve new share repurchase program of up to 10% of issued capital
Authorization to repurchase up to 34,042,250 shares (10% of issued capital) until November 23, 2026.
LyondellBasell issues $500M of 6.150% notes due 2035 in public offering
Issues $500M aggregate principal of 6.150% Guaranteed Notes due 2035.
LyondellBasell Q1 net income $177M, adjusted EPS $0.33; announces $500M cash improvement plan
Net income $177M, EBITDA $655M; adjusted net income $110M, adjusted EBITDA $576M.
LyondellBasell Q4 net loss of $603M; CFO succession announced
Net loss of $603M ($1.87 diluted EPS loss) in Q4 2024; full year net income $1.367B ($4.15 diluted EPS).
LyondellBasell CFO Michael McMurray to retire March 1, 2025; Agustin Izquierdo named successor
Michael McMurray will retire as CFO effective March 1, 2025, and remain in advisory role until March 2026.
LyondellBasell Q3 net income $573M, EPS $1.75, EBITDA $1.2B down from Q2
Net income $573M ($1.75 diluted EPS); excluding identified items $617M ($1.88 EPS).
LyondellBasell Q2 net income $924M, EPS $2.82; dividend raised 7% to $1.34
Net income of $924M ($2.82 diluted EPS); adjusted net income $734M ($2.24 EPS).
LyondellBasell shareholders authorize up to 10% share buyback through Nov 2025
Buyback covers up to 34,042,250 shares (10% of issued capital) at prices from nominal to 110% of market price.
LyondellBasell Q1 net income flat at $473M; adjusted EPS falls to $1.53 from $2.50
Net income $473M ($1.44 diluted EPS) vs Q1 2023 $474M ($1.44); adjusted EPS $1.53 vs $2.50.
Effective March 24, 2025, the Company appointed Matthew D. Hayes as the Company’s Senior Vice President, Chief Accounting Officer.
On March 11, 2025, Chukwuemeka (Emeka) A. Oyolu, Senior Vice President, Chief Accounting Officer, and principal accounting officer of LyondellBasell Industries N.V. (the “Company”), informed the Company of his intent to resign, effective as of March 24, 2025, to pursue another opportunity.
On November 22, 2024, LyondellBasell Industries N.V. (the “Company”) announced that effective March 1, 2025, Michael McMurray will retire as Chief Financial Officer.
In connection with his retirement, the Board of Directors of the Company has appointed Agustin Izquierdo to serve as Executive Vice President and Chief Financial Officer, also effective March 1, 2025.
Max materiality 0.90 · Median 0.65 · Most common event earnings