Key Points Q3'24 EBITDA and EPS miss Near-term outlook commentary relatively negative We rate LYB shares Neutral; our 12-month target price is USD105 per share Summary LyondellBasell announced Q3’24 results this morning: Recurring EBITDA of...
Key Points Q2'23 EBITDA miss and EPS beat Near-term outlook commentary relatively positive We rate LYB shares Neutral; our 12-month target price is USD105 per share Summary LyondellBasell announced Q2’24 results this morning: Recurring EBITDA...
Key Points Widening delta between U.S. and Asian prices, relatively tepid demand, bloated Chinese inventories, and slack supply/demand point to near-term polyethylene price and margin headwinds Higher Brent crude oil prices and...