View More . Are investors shorting LyondellBasell Industries? LyondellBasell also has had a large leap, due to new investment, as well as dividend growth. Data is as of Sept. 19. Dividend yields are calculated by annualizing the most recent payout and dividing by the share price. Contact the source provider Comtex at editorial@comtex.com. America's Most Responsible Companies 2021. However, this could just create an opportunity to get one of Wall Street's favorite high-paying dividend stocks at a discount. 16, up from No. Ill be left with nothing. Overall revenue will grow to $7.4 billion by 2024, a compound annual growth rate of 6%. Dow Chemical Packaging & Specialty Plastics segment revenue 2017-2021. The offers that appear in this table are from partnerships from which Investopedia receives compensation. [37], In response to Hurricane Harvey in 2017, LyondellBasell donated food to disaster relief efforts in the Gulf Coast region. Morgan Stanley added Las Vegas Sands and Proctor & Gamble to the list, and removed Occidental Petroleum (OXY) in March 2019. Overall revenue will grow to $7.4 billion by 2024, a compound annual growth rate of 6%. Reclusive trader scores 20 straight years of winning trades. In 2004, Lyondell purchased Millennium Chemicals in a stock-swap deal at $2.3 billion. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LYB, but not buy additional shares or sell existing shares. If history is any guide, the hedge fund could possibly pressure Philip Morris and Swedish Match to get a higher sale price, according to The Wall Street Journal (opens in new tab). (March 15, 2022). Kiplinger is supported by its audience. Its coverage ratio [available funds from operations divided by common dividends paid] was 2.24. Many times, a company's high yield can be a sign of trouble in its underlying business. CCOI finished the second quarter with total net debt of $854.4 million and a net leverage ratio of 3.7. The company reported a revenue of $541 million, up 9.38% year over year, and beat Wall Street consensus by $46.9 million. LyondellBasell Industries. In, Financial Times. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Insights into the world's most important technology markets, Health Market Outlook However, we didn't just randomly pick names, though. The ideal entry-level account for individual users. The S&P 600 is an index of small-cap stocks managed by Standard & Poor's, comparable to the Russell 2000. Plastic production forecast worldwide 2025-2050, Global production volume of thermoplastics by type 2020-2050, Global propylene demand and capacity 2015-2022, Global polyethylene demand and capacity 2015-2022, Global demand for polyethylene terephthalate 2010-2030, Global price of polyethylene terephthalate 2017-2022, Global price of high-density polyethylene 2017-2022, ExxonMobil's chemical product production 20018-2020, by type, Saudi Basic Industries' petrochemical production 2019-2020, by type, Sinopec's chemicals production 2018-2021, by type, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q2 2022, Plastic production growth worldwide vs population growth worldwide 2013-2020, Plastic material production worldwide by region 2020, Global plastic market size value 2021-2030, Global production capacity of polyethylene terephthalate 2014-2024, China: production of plastic products by month 2020-2022, Plastic production in the U.S. 2021, by resin, Global PET packaging consumption shares 2019, by end-use sector, Plastic demand distribution in the EU-27 2020, by segment, Global price of polyvinyl chloride 2017-2022, LyondellBasell's revenue 2019-2021, by key product, Dow Chemical Packaging & Specialty Plastics segment revenue 2017-2021, Global polypropylene market value 2015-2029, Global market value of polyethylene 2015-2029, Expanded polystyrene global market value 2020-2028, Global rigid plastic packaging market size forecast 2021-2030, Global market value of sustainable plastic packaging 2021-2026. Its on-net customer connections account for 86% of its total customer connections. 10 Best Green Energy Stocks for the Rest of 2022. Directly accessible data for 170 industries from 50 countries [3] It also produces ethylene, propylene, polyolefins, and oxyfuels. [16], In September 2016, LyondellBasell announced that it would build a $700 million polyethylene plant at the La Porte manufacturing complex on the Houston Ship Channel that would produce 1.1 billion pounds of polyethylene annually. "Pioneer's strong balance sheet provides the financial flexibility to return significant free cash flow to investors, while still growing annual oil volumes," Scott Sheffield, CEO of Pioneer Natural Resources, said in the company's second-quarter press release. It produces and markets olefins and co-products; polyolefins; polyethylene products, which consist of high density polyethylene, low density polyethylene, and linear low density polyethylene; and polypropylene (PP) products, such as PP homopolymers and copolymers. Indeed, if you include the payout from one of Wall Street's high-paying dividend stocks, PM's year-to-date total return is 3.3%. Mark Kolakowski has been a business consultant, freelance writer, and business school lecturer, after a career at Merrill Lynch. It provides biopharmaceutical development and commercial outsourcing services, and has offices in more than 100 countries. This payout ratio is at a healthy, sustainable level, below 75%. $34.94 B. Currently, it's right on target, investing an additional $160 million in the business to meet its 2024 goals. The specialty chemicals company earned $12.70 billion during the quarter, compared to analysts' expectations of $11.36 billion. LyondellBasell sells its products in more than 100 countries and is the largest producer of polymer compounds in the world. Is there a problem with this press release? The consensus estimate of the 28 analysts covering the energy stock is Buy, according to S&P Global Market Intelligence. The following companies are subsidiares of LyondellBasell Industries: A. Schulman, A. Schulman 's-Gravendeel B.V., A. Schulman AG, A. Schulman Asia Limited, A. Schulman Belgium BVBA, A. Schulman Canada Ltd., A. Schulman Castellon S.L., A. Schulman Europe GmbH & Co. KG, A. Schulman Europe International B.V., A. Schulman Europe Verwaltungs GmbH, A. Schulman Gainsborough Ltd, A. Schulman GmbH, A. Schulman GmbH (Austrian Branch), A. Schulman Holding Company France S.A.S., A. Schulman Holdings (France) S.A.S., A. Schulman Holdings S..r.l., A. Schulman Inc., A. Schulman Inc. Limited, A. Schulman International Inc., A. Schulman International Services BVBA, A. Schulman Ireland Limited, A. Schulman Magyarorszg Kereskedelmi Korltolt Felelssg Trsasg, A. Schulman Nordic AB, A. Schulman Plastics (Branch), A. Schulman Plastics (Dongguan) Ltd., A. Schulman Plastics (Malaysia) Sdn. In early August, it reported second-quarter results that included free cash flow of $2.7 billion. Want to see which stocks are moving? It would also bring Philip Morris into direct competition with Altria Group (MO (opens in new tab)), its former owner until it was spun off in 2008. $46.15 B. It operates six thermal plants, three wind farms, and seven hydroelectric facilities. Copyright 2022 MarketWatch, Inc. All rights reserved. Investors eager to rack up quick profits might consider recommendations on theFresh Money Buy List from Morgan Stanley. The annualized yield of the total base-plus-variable dividend is 9.3%. Over 1,000 technology patents Largest pine-chemical company in the world DL Chemical 50%: LyondellBasell 50%. The London-based chemical and plastics maker is attractively valued at a forward P/E ratio of only 10, while Morgan Stanley believes that EPS estimates are too bearish, with the consensus $2 to $3 below what they project. The winner of the ICIS Kavaler Award is selected by his/her peers - the senior executives of the ICIS Top 40 Power Players listing, a global ranking of the leaders making the greatest positive impact on their companies and the chemical industry published in ICIS Chemical Business magazine.[45]. Pioneer Natural Resources (PXD (opens in new tab), $234.85) is an independent oil and gas company focused on the Permian Basin in Texas. According to Morgan Stanley, Microsoft will see stable growth in its commercial businesses, which represents more than 60% of its revenue. ET It has a number of different segments including its media networks, parks, and resorts, studio entertainment, direct-to-consumer international. Major producers' production locations, market shares, industry ranking and profiles are presented. Vanacker has held CEO and other executive positions with several chemical businesses, and he has a strong track record of sustainable growth and value creation. 2021: 2022: Our dividend income was up $447.89 or 10.78%. 2022 Fortune list. The tagline became so popular that the advertisement led to a 31% boost in Wendys annual revenue, and even sparked a merchandise line for fans. ", Financial Times, 2022 ranking of the global leading chemical companies based on revenue (in billion U.S. dollars) Statista, https://www.statista.com/statistics/272704/top-10-chemical-companies-worldwide-based-on-revenue/ (last visited November 08, 2022), 2022 ranking of the global leading chemical companies based on revenue, Available to download in PNG, PDF, XLS format, Revenue of the chemical industry worldwide and in the EU 2005-2021, Chemical industry: global revenues by region 2017-2020, Global revenue distribution of the chemical industry by region 2020, 2022 global list of leading chemical companies based on revenue, 2022 global list of top chemical companies based on net income, Global leading chemical companies based on market capitalization 2022, Global chemical companies based on number of employees 2022, Mitsubishi Chemical Holdings Corporation net sales FY 2010-2021, Distribution of BASF's revenue by segment 2020-2021, Mitsubishi Chemical Holdings Corporation's revenue by segment FY 2021, LyondellBasell's revenue by segment 2018-2021, Mitsubishi Chemical Holdings Corporation's net income FY 2014-2021, Mitsubishi Chemical Holdings Corporation's total assets FY 2021, Mitsubishi Chemical Holdings Corporation's number of employees FY 2010-2021, LyondellBasell's number of employees 2011-2021, Leading polyether polyol producers worldwide by capacity 2016, Leading chemical companies ranked by production-based sales in Turkey 2021, Largest U.S. chemical companies based on revenue 2009, Largest Japanese chemical companies, by revenue, Chemical companies - revenue per employee 2004-2009, Global number of announced software deals by chemical companies 2012-2018, Market capitalization of leading diversified chemical companies worldwide 2019, Changes in R&D spending of the top U.S. chemical companies 2011, Sales and net earnings change of leading European chemical firms 2018, Number of employees of AkzoNobel 2010-2021, Market cap of leading chemical distribution and services companies worldwide 2019, Italy: worldwide number of employees in Italian chemical groups 2017, Brazil: net revenue of Renner Sayerlack S.A. 2016-2019, Sekisui Kasei's total assets FY 2012-2021, 2022 ranking of the global leading chemical companies based on revenue (in billion U.S. dollars), Find your information in our database containing over 20,000 reports, Find a brief overview of all Outlooks here, Tools and Tutorials explained in our Media Centre. Morgan Stanley believes Microsoft is positioned to be the "best in tech" because of its computing and storage services, its platform-as-a-service capabilities, along with its productivity and front office apps, and its core financials. We are happy to help. As soon as this statistic is updated, you will immediately be notified via e-mail. In 2017, Blavatnik received a knighthood for services to philanthropy. As part of its focus on growing the Champion brand, Hanesbrands bought the North American Champion trademarks from Wolverine World Wide (WWW (opens in new tab)) subsidiary Keds for $102.5 million. 317 in 2021 and Shell is No. Selections are "based on specific catalysts such as a change in industry fundamentals, a positive earnings per share (EPS) surprise, or new product introduction.". Tatva Chintan Q2 FY23 revenue down 27%; Net profit down 78%. New York Community Bank originally announced the $2.6 billion all-stock acquisition in April 2021. These energy funds offer exposure to oil and gas stocks, which are some of the rare outperformers in an otherwise miserable year. The bank reported record second-quarter results at the end of July that included a 6% increase in non-GAAP earnings per share to 35 cents, and pre-provision net revenue, excluding merger-related expenses, of $243 million, 11% higher than a year earlier. According to Wedbush Securities, Flagstar should benefit from a larger balance sheet, while both companies should benefit from their diversified revenue streams. It currently has approximately $3.1 billion left on its program. This is great news for investors seeking out the best high-paying dividend stocks, as anything over 8% is considered value territory. How much money does LyondellBasell Industries make? Bhd., LyondellBasell Polyolefin (Shanghai) Co. Ltd., LyondellBasell Services France S.A.S., LyondellBasell Subholdings B.V., LyondellBasell Taiwan Co. Ltd., LyondellBasell Transportation Company LLC, Millennium Chemicals, Natpet Schulman Specialty Plastic Compounds, Ningbo ZRCC Lyondell Chemical Co. Ltd., Ningbo ZRCC Lyondell Chemical Marketing Co. Ltd., OE Insurance Ltd, Oil Casualty Insurance Ltd., Oil Insurance Limited, PD Glycol LP, PO JV LP, PO Offtake LP, POSM II Limited Partnership L.P., POSM II Properties Partnership LLC, PT A.Schulman Plastics, PT ASchulman Plastics Commercial, PTT Chemical PCL, Poly Pacific Polymers Sdn. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. "It's not often, and shouldn't be, that one could buy DEI's portfolio at an implied 8.0% cap rate.". Dorian LPG (LPG (opens in new tab), $14.26) owns a fleet of 22 very large gas carriers (VLGCs) that ship liquified petroleum gas (LPG) to destinations around the world. An artificial intelligence stock-picking platform identifying high-potential equities has been sharp in the past. Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. It was owned by Access Industries, a privately held, U.S.-based industrial group. The most important key figures provide you with a compact summary of the topic of "Plastics industry worldwide" and take you straight to the corresponding statistics. Production capacity: 731KT of PP per annum When is LyondellBasell Industries' next earnings date? View institutional ownership trends. Kiplinger is part of Future plc, an international media group and leading digital publisher. Overall revenue will grow to $ 7.4 billion by 2024, a compound annual growth rate of 6 % countries! In April 2021 and removed Occidental Petroleum ( OXY ) in March.... 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