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Investing.com - KeyBanc has reiterated its Sector Weight rating on LyondellBasell Industries (NYSE:LYB) following the company’s third-quarter 2025 results, which exceeded expectations. The chemical manufacturer’s stock, currently trading at $46.42, is down 33% year-to-date and appears undervalued according to InvestingPro analysis.
The research firm noted that while LyondellBasell delivered stronger-than-expected third-quarter performance, it has trimmed its fourth-quarter forecast and sees potential downside to the current consensus estimate of $697 million.
KeyBanc projects that 2026 will likely show similar commodity spread patterns to the current year, though it identifies modest potential upside from improved operations, cost-cutting measures, and a tightening ethylene market.
LyondellBasell has maintained its dividend, positioning itself to defend its current payout level despite ongoing market pressures in the chemicals sector.
The research firm believes that while questions about the sustainability of the dividend will persist and may become more pressing by mid-2026, recent improvements in free cash flow have reduced the immediate pressure to lower the payout.
In other recent news, LyondellBasell Industries reported its third-quarter 2025 earnings, revealing a solid financial performance. The company achieved earnings per share (EPS) of $1.01 and an EBITDA of $835 million, highlighting improvements in cash flow and operational efficiencies. Despite these positive results, the market’s reaction was neutral. Additionally, Mizuho adjusted its price target for LyondellBasell, lowering it to $52 from the previous $54, while maintaining a Neutral rating on the stock. These developments reflect the latest updates concerning LyondellBasell’s financial standing and analyst perspectives.
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