LyondellBasell Industries (LYB) Misses Q3 EPS by 44c

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Go back to LyondellBasell Industries (LYB) Misses Q3 EPS by 44c

LyondellBasell Reports Third Quarter 2021 Earnings

October 29, 2021 6:30 AM EDT

HOUSTON and LONDON, Oct. 29, 2021 /PRNewswire/ --

Third Quarter 2021 Highlights

Robust demand and tight market conditions supported strong margins Accelerated our climate goals: 30% CO2 reduction by 2030 and net zero by 2050 (scope 1 and 2) Net Income: $1.8 billion Diluted earnings per share: $5.25 per share EBITDA: $2.7 billion Record cash from operating activities: $2.1 billion Strong cash flow supported debt reduction of $0.7 billion with $2.4 billion year-to-date Paid dividends and repurchased approximately 1 million shares totaling $0.5 billion in returns for shareholders

Comparisons with the prior quarter... More