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.
LyondellBasell Q4 net income $185M; announces divestiture and acquisition, dividend up 5%
Q4 net income $185M ($411M ex-items); GAAP EPS $0.56, adjusted $1.26.
LyondellBasell to acquire 35% of NATPET for $500M
LyondellBasell agreed to buy a 35% interest in NATPET from Alujain for ~$500 million.
LyondellBasell sells EO&D business and Bayport plant to INEOS for $700M
Purchase price $700M; includes ethylene oxide & derivatives business and Bayport, Texas facility.
LyondellBasell Q3 net income $747M, EPS $2.29; record I&D EBITDA
Net income $747M (diluted EPS $2.29), up 31% YoY; adjusted net income $804M, EPS $2.46.
LyondellBasell Q2 net income $715M ($2.18 EPS); adj. EPS $2.44; dividend raised 5%
Q2 net income $715M ($2.18 diluted EPS); adjusted net income $801M ($2.44) vs Q2 2022 net income $1.644B ($4.98).
LyondellBasell Q1 ex-items EPS $2.50, 90% QoQ improvement; targets $6.3BN net income by 2027
Net income $474M ($1.44 diluted EPS); ex-items net income $822M ($2.50 EPS), up >90% vs Q4 2022.
LyondellBasell realigns segments; expects $250-300M APS goodwill impairment in Q1 2023
Moved Catalloy and polybutene-1 from APS to O&P-Americas and O&P-EAI segments effective Jan 1, 2023.
LyondellBasell reports Q4 net income $353M, FY net income $3.9B; raises dividend 5%
Q4 2022 net income $353M ($1.07 diluted EPS); excluding items $427M ($1.29). EBITDA $792M ($865M excl. items).
LyondellBasell Q3 net income drops to $572M from $1.64B in Q2; adjusted EPS $1.96
Net income $572M ($1.75 diluted EPS) vs Q2 $1.64B ($4.98); adjusted net income $642M ($1.96).
LyondellBasell Q2 2022 net income $1.6B ($4.98 EPS); revenue $14.8B up 28% YoY
Net income $1.644B, down 20% YoY from $2.059B; diluted EPS $4.98 vs $6.13.
LyondellBasell shareholders approve new share repurchase program of up to 10% of issued capital
Authorization covers up to 34,026,947 shares (10% of issued capital) until November 27, 2023.
LyondellBasell Q1 net income $1.3B, EBITDA $2.0B; plans to exit refining by end 2023
Net income of $1.3B, diluted EPS $4.00; EBITDA of $2.0B (strongest Q1 since 2015).
LyondellBasell to exit refining, shut Houston Refinery by end of 2023; charges up to $870M
Plan to cease Houston Refinery (268k bpd capacity) operations no later than Dec 31, 2023.
LyondellBasell reports record FY2021 EBITDA of $9.3B ex-items; $624M refinery impairment
FY2021 net income $5.6B ($16.75/share); adjusted net $6.1B ($18.19/share); record cash from ops $7.6B.
Peter Vanacker, formerly Neste CEO, appointed CEO of LyondellBasell; effective no later than June 2022.
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.
Kenneth Lane, Executive Vice President, Olefins and Polyolefins (O&P) and Global Procurement, of LyondellBasell Industries N.V. (the “Company”), informed the Company on February 15, 2024, of his intent to resign, effective March 15, 2024, to pursue another opportunity.
• Jim Guilfoyle : Senior Vice President, O&P, Europe, Africa, Middle East and India (EAMEI)
• Torkel Rhenman : Executive Vice President, Advanced Polymer Solutions;
• Ken Lane : Executive Vice President, Olefins & Polyolefins (O&P);
On February 24, 2022, the Board of Directors appointed Mr. Vanacker as a director effective February 25, 2022, to fill the vacancy created upon the retirement of the Company’s former Chief Executive Officer and director.
In December 2021, the Company announced that Mr. Peter Vanacker had been appointed Chief Executive Officer and director of LyondellBasell Industries N.V. (the “Company”), effective upon the completion of the notice period under his existing employment agreement.
the vacancy created by Mr. Bob Patel’s retirement
the Board has also appointed Mr. Vanacker to serve on the Board of Directors to fill the vacancy created by Mr. Bob Patel’s retirement
Max materiality 0.90 · Median 0.65 · Most common event earnings