LyondellBasell — Third Quarter 2026 Earnings Summary

LyondellBasell reported third-quarter 2026 net income of $758 million, or $2.32 per diluted share, with EBITDA reaching $1.4 billion. The company generated $1.7 billion in operating cash flow, repaid a €500 million debt maturity, and increased its cash position by approximately $600 million during the quarter. Intermediates and Derivatives profitability rose significantly due to strong oxyfuels margins, while Olefins and Polyolefins profitability in the Americas declined due to lower polymer prices. Looking ahead to the fourth quarter, the company anticipates seasonal demand patterns and plans maintenance projects that will result in operating rates of 85% for North American assets, 60% for European assets, and 75% for Intermediates and Derivatives assets.