Recent Updates — LYB
LyondellBasell Industries N.V. reported third-quarter 2026 net income of $758 million, or $2.32 per diluted share, with EBITDA of $1.4 billion. The company also announced it entered into an agreement to sell its wholly owned subsidiary Houston Refining, L.P., for $320.5 million, a transaction expected to close in the fourth quarter of 2026 subject to customary conditions. LyondellBasell is a global leader in the chemical industry that develops, manufactures and markets innovative products including polyolefins, oxyfuels, propylene oxide and acetyls.
LyondellBasell Industries N.V. reported second quarter 2026 earnings on July 31, 2026, posting net income of $559 million, or $1.71 per diluted share. Results included $842 million in identified items, primarily a $734 million pre-tax loss from the divestiture of select European assets and a $74 million asset write-down. Excluding these items, net income was $1.4 billion, or $4.30 per diluted share. EBITDA reached $1.3 billion ($2.1 billion excluding identified items), driven by stronger polymer margins amid global supply constraints. The company generated $752 million in operating cash flow and returned $224 million to shareholders through dividends while holding $2.6 billion in cash. LyondellBasell operates as a leading global chemical manufacturer specializing in polymers, intermediates, and advanced solutions.