With a market cap of $19.2 billion, LyondellBasell Industries N.V. (LYB) is a chemical company creating solutions for everyday sustainable living internationally. Based in Houston, Texas, the company operates in six segments: Olefins and Polyolefins-Americas; Olefins and Polyolefins-Europe, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; Refining; and Technology.
Shares of LYB have significantly lagged behind the broader market over the past 52 weeks. LYB has dropped 40.2% over this time frame, while the broader S&P 500 Index ($SPX) has gained 12.5%. Moreover, shares of LYB are down 19.5% on a YTD basis, compared to SPX’s 1.3% rise.
