LyondellBasell Industries is preparing to release its quarterly earnings on July 29, 2022, with expectations set at $5.27 per share, supported by an Earnings ESP of 6.71%. Despite a recent 24.65% decline in share value, the stock has shown signs of recovery, closing at $89.24 after a 5.6% increase in the last trading session. The company boasts a dividend yield of 5.4% and a strong return on equity of 52.4%, leading analysts to consider it significantly undervalued, even as it commits to ambitious climate goals.
“LyondellBasell (LYB) · earns · Zacks Rank #3 · 30 days from its next quarterly earnings release on July 29, 2022”
“LyondellBasell (LYB) · has · Most Accurate Estimate · $5.27 a share”
“LyondellBasell · has · Earnings ESP · 6.71%”
“LyondellBasell Industries (LYB) · has a dividend yield of · 5.4%”
“LyondellBasell Industries · operates · major refineries in the U.S. · true”
“LyondellBasell Industries · operates refineries that process · 268,000 barrels per day · true”
“LyondellBasell Industries · produces · gasoline and fuel components, low-sulfur diesel, jet fuel and lubricants · true”
“LyondellBasell · aims to buy · at least 50% of its power · from renewable energy sources by 2030”
“LyondellBasell · signed · first two U.S. power purchase agreements · supporting the company's climate goal to procure a minimum of 50 percent of electricity from renewable sources by 2030”
“LyondellBasell · to reduce · carbon dioxide emissions · approximately 225,000 metric tons annually”
“LyondellBasell · has a goal · to achieve net zero greenhouse gas emissions · by 2050”
“LyondellBasell · estimates to reduce · scope 2 greenhouse emissions · approximately 1.5 million metric tons”