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AI brief of an SEC Form 8-K · LyondellBasell (LYB)

LyondellBasell Reports Third Quarter 2026 Net Income of $758 Million and Agrees to Sell Refinery Site

Mixed Impact 3 of 5 earnings

LyondellBasell reported third quarter 2026 net income of $758 million, or $2.32 per share, alongside EBITDA of $1.4 billion. The company also entered into an agreement to sell its former Houston refinery site and related assets to a subsidiary of Valero Energy Corporation for $320.5 million.

Key points

  • Third quarter 2026 net income reached $758 million, or $2.32 per diluted share.
  • EBITDA for the quarter was $1.4 billion, or $1.5 billion excluding identified items.
  • Agreed to sell Houston Refining, L.P. and related assets to Valero Energy Corporation for $320.5 million.
  • Increased cash by approximately $600 million during the quarter, including a €500 million debt repayment.

The filing

CompanyLyondellBasell (LYB)
Form8-K, current report
Filed with the SECOct 30, 2026, 6:31 AM ET
Accession number0001489393-26-000067

Items reported: 2.02 Results of Operations8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Oct 30, 2026, 1:16 PM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.