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Are you looking to buy LyondellBasell Industries stocks? Chech our BAMagazine with an in-depth review, check prices, statistics and see if buying this stock is interesting right now. This article will help you buy NYSE:LYB! and analyze the company to see if this stock might be an interesting option to invest in. We will enlighten you about LyondellBasell Industries stocks and how to buy and use them. Click on the button to start reading the review right now or scroll down for real time statistics about this company.
LyondellBasell Industries N.V. operates as a chemical company in the United States, Germany, Mexico, Italy, France, Japan, China, the Netherlands, and internationally. The company operates in six segments: Olefins and PolyolefinsÂAmericas; Olefins and PolyolefinsÂEurope, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; Refining; and Technology. 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. The company also produces and sells propylene oxide and its derivatives; oxyfuels and related products; and intermediate chemicals, such as styrene monomers, acetyls, and ethylene oxides and derivatives. In addition, it produces and markets compounds and solutions, such as polypropylene compounds, engineered plastics, masterbatches, engineered composites, colors, and powders; and advanced polymers. Further, the company refines crude oil and other crude oils of varied types and sources into gasoline, diesel, and jet fuel; develops and licenses chemical and polyolefin process technologies; and manufactures and sells polyolefin catalysts. LyondellBasell Industries N.V. was founded in 1955 and is headquartered in Houston, Texas.
Average volume
1.71 million shs
MARKET CAP
$31.72 billion
Stock exchange
NYSE
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- Stephen Johnson
- August 11, 2021
- No Comments
How to buy LyondellBasell Industries stocks?
Below is a quick guide on how to buy NYSE:LYB stocks safe, fast and around the world in less than five minutes.
Step 1: Open an account with eToro – eToro is the best broker to buy LyondellBasell Industries shares in the world as you won’t pay any commissions. To do this, visit the eToro website and open an account, it is 100% safe and they offer a huge amount of stocks.
Step 2: Upload your ID – As per KYC regulations eToro will ask you to upload a copy of your passport or driver’s license.
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Step 4: Buy LyondellBasell Industries – Search for “”NYSE:LYB”” and click on the “”Trade”” button. Enter the total amount of your investment (minimum $50) and confirm the order by clicking the “”Open Trade”” button. And that’s it: you have just bought LyondellBasell Industries stocks with 0% commission!.
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Is LyondellBasell Industries a buy right now?
24 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for LyondellBasell Industries in the last year. There are currently 2 sell ratings, 14 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should “hold” LyondellBasell Industries stock. 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.
What stocks does BAMagazine like better than LyondellBasell Industries?
Wall Street analysts have given LyondellBasell Industries a “Hold” rating, but there may be better short-term opportunities in the market. Some of BAMagazine’s past winning trading ideas have resulted in 5-15% weekly gains. BAMagazine just released five new trading ideas, but LyondellBasell Industries wasn’t one of them. BAMagazine thinks five stocks may be even better buys in the how to buy stocks guide.
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How to buy LyondellBasell Industries stocks step by step guide
It can be difficult to navigate through all the outdated and incorrect information related to purchasing NYSE:LYB stocks. We believe that stocks should be accessible for all, which is why we’ve created this handy guide on where to buy LyondellBasell Industries stocks with a step by step approach.
Step 1: Open an Account with a Broker
You’ll need to register with a broker, in these times you can’t go without once and it’s crucial to use a regulated broker that’s allowed to operate there, otherwise, you risk losing funds. eToro is one such broker, and one of the best brokers to buy LyondellBasell Industries stocks with 0% comission, to sign up just click on open account in the following table or compare other options.
Step 2: Verify your Account
Because eToro is a regulated platform, you’ll need to complete the KYC process, this is standard practice and only takes a couple of minutes. You’ll need to provide a photo ID (passport, driving licence) and proof of address (utility bill, bank statement).
Step 3: Fund your eToro Account
Once you’ve signed up and verified your account, you’ll need to deposit funds. eToro accepts credit/debit cards, bank transfers, and also e-wallets. So whatever your preference there will be something for you.
Step 4: Search for LyondellBasell Industries stocks
Now that you’ve funded your eToro account, just type “NYSE:LYB stocks” into the search bar at the top of the screen and press “trade”.
Step 5: Buy NYSE:LYB
All that’s left is to buy some NYSE:LYB stock. Simply enter the amount you want to purchase and hit the “buy” button. The amount you bought will be automatically credited to your account where you can monitor its performance.
How And Where To Buy Stocks Conclusion
All in all, NYSE:LYB is an incredibly interesting company that has the potential to solve some major issues in the business space. After reading this guide you should know how to buy this investment using the best broker or platform. We recommend eToro to anyone looking for a regulated, easy-to-use, fully-featured broker to buy LyondellBasell Industries stocks. As with any broker or online platform, it’s crucial you set up 2FA when using their tools as it ensures your funds are completely safe.
When is LyondellBasell Industries’ next earnings date?
LyondellBasell Industries is scheduled to release its next quarterly earnings announcement on Friday, May 7th 2021.
View our earnings forecast for LyondellBasell Industries.
How were LyondellBasell Industries’ earnings last quarter?
LyondellBasell Industries (NYSE:LYB) released its quarterly earnings data on Thursday, January, 28th. The specialty chemicals company reported $2.19 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.83. The specialty chemicals company earned $7.94 billion during the quarter, compared to the consensus estimate of $7.06 billion. LyondellBasell Industries had a trailing twelve-month return on equity of 24.09% and a net margin of 4.23%. The business’s revenue for the quarter was down 3.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.92 earnings per share.
View LyondellBasell Industries’ earnings history.
How has LyondellBasell Industries’ stock been impacted by COVID-19?
LyondellBasell Industries’ stock was trading at $54.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, LYB shares have increased by 72.7% and is now trading at $93.26.
How often does LyondellBasell Industries pay dividends? What is the dividend yield for LyondellBasell Industries?
LyondellBasell Industries announced a quarterly dividend on Friday, November 20th. Shareholders of record on Monday, November 30th will be given a dividend of $1.05 per share on Monday, December 7th. This represents a $4.20 annualized dividend and a yield of 4.50%. The ex-dividend date of this dividend is Friday, November 27th.
View LyondellBasell Industries’ dividend history.
Where to Buy LyondellBasell Industries Stocks Broker Reviews
Launched in 2006, eToro is, in our opinion, without a doubt the best broker for buying NYSE:LYB stocks in the world. The onboarding process is simple, it’s designed to make sure even those new to the stock market are ready to start investing the shortest amount of time possible. As a regulated platform you gain several benefits, most importantly, you know they’re not going to run off with your hard-earned money./
- eToro takes pride in keeping their customers safe, they follow strict data protection rules to keep access to sensitive information to a minimum. Any of the information you provide eToro is even protected by SSL encryption, this ensures that even if someone were to gain access to the servers all your data remains safe.
Over 95% of client funds are kept offline, in cold storage, which is crucial for any broker that manages your assets. Regardless of how secure a platform is meant to be, we recommend using 2FA to add an additional layer of security to your account.
Excellent for both new and experienced traders
eToro offers users a range of features to start investing as quickly as possible. They have a relatively unique feature called copy trading, which lets you earn a passive income by mirroring experienced traders, this allows you to start earning profit quickly, and gives you a better understanding of the strategies used by professionals. Additionally, eToro allows users to invest in managed portfolios, a managed portfolio being a variety of similar assets grouped together, allowing you to diversify your account, reducing any potential risk. For those with previous trading experience, you can invest in markets outside of stocks, as eToro allows users to trade ETFs, commodities, crypto and indices. If you already invest outside of the stock market space this can be very useful, as it allows you to manage all your investments in just one place.
Is LyondellBasell Industries a good dividend stock?
LyondellBasell Industries pays an annual dividend of $4.20 per share and currently has a dividend yield of 4.50%. LYB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of LyondellBasell Industries is 43.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LyondellBasell Industries will have a dividend payout ratio of 54.69% next year. This indicates that LyondellBasell Industries will be able to sustain or increase its dividend.
View LyondellBasell Industries’ dividend history.
What price target have analysts set for LYB?
24 Wall Street analysts have issued twelve-month target prices for LyondellBasell Industries’ shares. Their forecasts range from $46.00 to $104.00. On average, they expect LyondellBasell Industries’ share price to reach $75.36 in the next year. This suggests that the stock has a possible downside of 19.2%.
View analysts’ price targets for LyondellBasell Industries or view top-rated stocks among Wall Street analysts.
Compliance
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Are investors shorting LyondellBasell Industries?
LyondellBasell Industries saw a decline in short interest in the month of December. As of December 31st, there was short interest totaling 4,040,000 shares, a decline of 20.9% from the December 15th total of 5,110,000 shares. Based on an average daily volume of 2,050,000 shares, the days-to-cover ratio is presently 2.0 days. Currently, 1.6% of the company’s stock are short sold.
View LyondellBasell Industries’ Short Interest.
Who are LyondellBasell Industries’ key executives?
LyondellBasell Industries’ management team includes the following people:
Mr. Bhavesh V. Patel, CEO & Director (Age 54, Pay $3.61M)
Mr. Michael C. McMurray, Exec. VP & CFO (Age 56, Pay $1.07M)
Mr. Torkel Rhenman, Exec. VP of Intermediates, Derivatives & Refining (Age 57, Pay $1.17M)
Mr. Kenneth Todd Lane, Exec. VP of Global Olefins & Polyolefins (Age 52, Pay $1.78M)
Ms. Jacinth C. Smiley, VP & Chief Accounting Officer
Mr. James Malcolm Seward, Sr. VP of R&D, Technology and Sustainability (Age 53)
Ms. Kathy VanLandingham, Chief Information Officer
Mr. David Kinney, Head of Investor Relations
Mr. Jeffrey A. Kaplan, Exec. VP & Chief Legal Officer (Age 52)
Mr. Dale Friedrichs, Sr. VP of HR & Global Projects (Age 57)
What is Bhavesh V. “Bob” Patel’s approval rating as LyondellBasell Industries’ CEO?
136 employees have rated LyondellBasell Industries CEO Bhavesh V. “Bob” Patel on Glassdoor.com. Bhavesh V. “Bob” Patel has an approval rating of 92% among LyondellBasell Industries’ employees. This puts Bhavesh V. “Bob” Patel in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
Who are some of LyondellBasell Industries’ key competitors?
Some companies that are related to LyondellBasell Industries include Clarivate (CCC), Westlake Chemical (WLK), Cabot (CBT), Kronos Worldwide (KRO), Koppers (KOP), Hawkins (HWKN), Tredegar (TG) and Trecora Resources (TREC).
View all of LYB’s competitors.
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What other stocks do shareholders of LyondellBasell Industries own?
Based on aggregate information from BAMagazine watchlists, some companies that other LyondellBasell Industries investors own include AT&T (T), Pfizer (PFE), Exxon Mobil (XOM), AbbVie (ABBV), Chevron (CVX), Verizon Communications (VZ), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Intel (INTC) and The Boeing (BA).
What is LyondellBasell Industries’ stock symbol?
LyondellBasell Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol “LYB.”
Who are LyondellBasell Industries’ major shareholders?
LyondellBasell Industries’ stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.46%), Swiss National Bank (0.30%), Victory Capital Management Inc. (0.27%), California Public Employees Retirement System (0.19%), Todd Asset Management LLC (0.16%) and First Trust Advisors LP (0.14%). Company insiders that own LyondellBasell Industries stock include Ai Investments Holdings Llc, Bhavesh V Patel, Daniel M Coombs, Jagjeet S Bindra and Massimo Covezzi.
View institutional ownership trends for LyondellBasell Industries.
Which institutional investors are selling LyondellBasell Industries stock?
LYB stock was sold by a variety of institutional investors in the last quarter, including AJO LP, BlackRock Inc., Vaughan Nelson Investment Management L.P., Bahl & Gaynor Inc., State of Wisconsin Investment Board, Los Angeles Capital Management LLC, Victory Capital Management Inc., and Zurcher Kantonalbank Zurich Cantonalbank. Company insiders that have sold LyondellBasell Industries company stock in the last year include Ai Investments Holdings Llc, and Jagjeet S Bindra.
View insider buying and selling activity for LyondellBasell Industries or view top insider-selling stocks.
Which institutional investors are buying LyondellBasell Industries stock?
LYB stock was bought by a variety of institutional investors in the last quarter, including Ninety One UK Ltd, Artemis Investment Management LLP, Gratus Capital LLC, Schwab Charitable Fund, Paradiem LLC, Westbourne Investment Advisors Inc., Aperio Group LLC, and Galvin Gaustad & Stein LLC. Company insiders that have bought LyondellBasell Industries stock in the last two years include Ai Investments Holdings Llc, Bhavesh V Patel, Daniel M Coombs, and Jagjeet S Bindra.
View insider buying and selling activity for LyondellBasell Industries or or view top insider-buying stocks.
How do I buy shares of LyondellBasell Industries?
Shares of LYB can be purchased through any online brokerage account. Popular online brokerages with access to the stock market include Interactive Brokers Review, eToro Review, DEGiro Review, AvaTrade Review, IG Markets Review, IC Markets Review, CMC Markets Review, Admiral Markets Review and many more. Read one of the reviews to find out everything about the broker and start buying stocks now.
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Frequently asked questions
How to buy LyondellBasell Industries stocks?
The safest and easiest way to buy NYSE:LYB stocks is by using a regulated broker like eToro or DEGiro. You can open an account with the platform, make a deposit and buy this stock in under 5 minutes from start to finish.
Opening an account with one of these brokers is a smart move, they have been active for more then 10 years, are very safe to use and they have the best platform for novice and experienced traders. If you want to learn more then we suggest you to read our eToro or DeGiro guides.
Where to buy LyondellBasell Industries stock?
You will first want to find a licensed broker that supports LyondellBasell Industries stock. One of our favourite brokers, eToro for example, allows you to make investments into this asset from just $25 and only charges you the spread. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading NYSE:LYB stocks in a safe and complete environment.
Is NYSE:LYB stock a good investment?
As with any other asset, there is an element of risk associated with buying NYSE:LYB stocks. Therefore, you will want to study the market and make a decision based on your financial standing and the risk you are willing to take.
Is LyondellBasell Industries stock safe to invest in?
All stocks are volatile, or affected by market circumstances. The case with NYSE:LYB is no different, with its price fluctuating dramatically within short periods. As such, if the market goes against you, then you will end up facing a loss. We advice you to do research first before investing in LyondellBasell Industries stock.
How do you trade LyondellBasell Industries stocks?
You can trade stocks by first opening an account with a regulated platform and making a deposit in US dollars, EUROs or other currency. Next, search for LyondellBasell Industries stock and choose from a buy or sell order – depending on whether you think the stock asset will rise or fall in value. If you speculated on NYSE:LYB stocks correctly, you will have made a profit. The size of your trading profit will ultimately be determined by your stake and at what percentage your position grew.
How to sell LyondellBasell Industries stock?
To sell your NYSE:LYB stocks investment, you can sign in to your broker account and cash out directly from within your portfolio. If you have stored the stocks elsewhere, you will first have to transfer them to a third-party provider or broker to cash out.
What is the best LyondellBasell Industries stock trading platform?
eToro, is a top-rated platform for beginners, albeit, it charges significantly lower fees. For example, there are no fees to deposit with a debit/credit card and you only need to cover the spread when trading NYSE:LYB stock.
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Stephen Johnson
Stephen knows a lot about financial products and in particular has a great passion for the stock markets and its participants. We hope that the information provided will help you. Something not quite clear? Please leave your questions or comments at the bottom of the page.
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