Chemicals maker LyondellBasell's Q3 profit beats on increased olefins margins

LyondellBasell Industries

31/10/2025 10:42

Overview

LyondellBasell Q3 revenue beats analyst expectations, adjusted EPS also exceeds estimates

Company reports Q3 net loss of $890 mln, impacted by $1.2 bln asset write-downs

European asset sale progresses with regulatory approvals and purchase agreement

Outlook

Company expects lower operating rates and higher costs to pressure margins in Q4

LyondellBasell plans asset downtime to align production with demand

Company sees persistent weak demand in Europe impacting results

Result Drivers

OLEFINS MARGINS - Improved profitability in Olefins and Polyolefins Americas segment due to increased olefins margins and higher sales volumes

OPERATIONAL IMPROVEMENTS - Channelview PO/TBA and Hyperzone PE facilities exceeded nameplate operating rates, driving performance

CASH IMPROVEMENT PLAN - On track to deliver $600 mln target for 2025 by reducing fixed costs and optimizing capital investment

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 REVENUE
Beat
$7.73 bln
$7.40 bln (14 Analysts)
Q3 ADJUSTED EPS
Beat
$1.01
$0.80 (17 Analysts)
Q3 EPS
-$2.77


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy", 12 "hold" and 4 "sell" or "strong sell"

The average consensus recommendation for the commodity chemicals peer group is "buy."

Wall Street's median 12-month price target for LyondellBasell Industries NV is $54.50, about 17.1% above its October 30 closing price of $45.20

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nGNX48PKWg

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)