Yahoo · Nov 1, 2026
LyondellBasell Stock Faces Earnings Miss After Houston Refinery Sale
LyondellBasell Industries reported third quarter 2026 revenue of US$8.5 billion, with net income of about US$758 million, reversing a prior year loss and turning earnings per share from a deficit into a profit. The group combined mixed segment performance and an earnings miss versus analyst expectations with an agreement to sell its former Houston refinery site for US$320.5 million as part of a broader portfolio reshaping and cash-focused plan. The focus now turns to how LyondellBasell...


