Every material Form 8-K LyondellBasell filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
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.
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.
LyondellBasell reported second-quarter 2026 net income of $559 million, or $1.71 per diluted share, up from $125 million, or $0.38, in the first quarter, as higher margins amid Middle East supply disruptions lifted results. The quarter included $842 million of identified items, net of tax, mainly a $734 million pre-tax loss on the May 2026 divestiture of select European olefins and polyolefins assets. The company expects supply conditions to remain volatile and its recovery period to likely extend into 2027, with lower third-quarter operating rates at some assets.
Net income of $559 million ($1.71 per diluted share) versus $125 million ($0.38) in Q1 2026 and $115 million ($0.34) in Q2 2025.
Excluding identified items, net income was $1.4 billion, or $4.30 per diluted share, after a $734 million pre-tax loss on sale of European assets.
Sales and other operating revenues were $9,177 million, up from $7,197 million in Q1 2026 and $7,658 million in Q2 2025.
Third-quarter 2026 operating rates expected at 85% for North American O&P assets, 70% for European O&P assets and 85% for Intermediates & Derivatives assets.
LyondellBasell subsidiaries amended the structured accounts receivables facility, effective June 26, 2026. The amendment extends the facility's term to June 25, 2027 and reduces the maximum amount available from $900 million to $700 million. The filing says no receivable purchases or letters of credit were outstanding as of May 29, 2026.
Maximum amount available cut from $900 million to $700 million
Facility term extended to June 25, 2027
Amendment effective June 26, 2026; agreement signed May 29, 2026
No trade receivable purchases or letters of credit outstanding as of May 29, 2026
At its May 22, 2026 annual meeting, LyondellBasell shareholders elected 12 directors and approved an amended Long Term Incentive Plan that adds 8,000,000 ordinary shares. They also approved a new share repurchase program covering up to 10% of issued share capital, or 34,042,250 shares, through November 22, 2027. The buyback is not an obligation, and the added plan shares could dilute existing holders.
Shareholders present represented 285,156,235 shares, about 88.34% of shares entitled to vote.
Plan amendments authorize 8,000,000 additional ordinary shares and cap annual grants to any non-executive director at $2 million in grant-date fair value.
Repurchase authority covers up to 34,042,250 shares until November 22, 2027, and may be suspended or discontinued at any time.
LyondellBasell reported first-quarter 2026 net income of $125 million, or $0.38 per diluted share, compared with a net loss of $140 million in the fourth quarter of 2025 but lower than $177 million, or $0.54 per share, in the first quarter of 2025. The company also said it completed the sale of four European sites to AEQUITA, and it expects significant sequential improvement across most businesses in the second quarter.
Net income was $125 million ($0.38 per diluted share) versus $177 million ($0.54 per share) a year earlier; excluding identified items, EPS was $0.49.
Sales and other operating revenues were $7,197 million, up from $7,091 million in the fourth quarter of 2025 and down from $7,677 million in the first quarter of 2025.
EBITDA was $568 million, or $615 million excluding identified items, compared with $655 million in the first quarter of 2025.
On May 1, 2026, LYB announced completion of the sale of select European olefins and polyolefins assets to AEQUITA under an agreement dated October 29, 2025.
LyondellBasell reported a fourth-quarter 2025 net loss of $140 million, or $0.45 per diluted share, on sales of $7,091 million, compared with a $890 million loss on $7,727 million of sales in the prior quarter. For full year 2025, the company posted a net loss of $738 million after net income of $1,367 million in 2024, with sales down to $30,153 million from $33,394 million. The company also raised its Cash Improvement Plan target to $1.3 billion by the end of 2026, which it says supports cash generation for shareholders.
Q4 2025 net loss of $140 million, or $0.45 per diluted share, versus a net loss of $603 million in Q4 2024
Full year 2025 net loss of $738 million, or $2.34 per diluted share, versus net income of $1,367 million in 2024
Excluding identified items, full year 2025 earnings were $1.70 per diluted share, compared with $6.22 in 2024
Cash Improvement Plan target raised from $1.1 billion to $1.3 billion by year-end 2026; 2026 capital expenditures planned at $1.2 billion
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every LyondellBasell filing is on SEC EDGAR ↗. 8-K briefs of other companies →