AI English summary of an SEC filing — figures as filed
LyondellBasell LYBThe company said its revenues for Q3 2026 fell $678 million (7%) from Q2, and operating income fell $476 million (31%). It cited lower average sales prices, which reduced revenue by 12%, and higher sales volumes, which added 6% to revenue, as the factors behind the change in revenue.
Key points
AI summaryThe company said its revenues for Q3 2026 fell $678 million (7%) from Q2, and operating income fell $476 million (31%). It cited lower average sales prices, which reduced revenue by 12%, and higher sales volumes, which added 6% to revenue, as the factors behind the change in revenue.
LyondellBasell said operating income for Q3 2026 decreased from Q2 by $534 million in O&P-Americas and $205 million in O&P-EAI, and increased by $346 million in I&D. It said the Q2 results reflected a loss of $734 million on the disposition of select European assets and the associated businesses.
The company said it generated $2,199 million of cash from operating activities in the first 9 months of 2026. It said it spent $842 million on capital expenditures, paid $672 million in dividends, and repaid €500 million ($577 million) of 0.875% guaranteed notes due 2026.
The company said that as of September 30, 2026, it had cash and cash equivalents of $3,227 million, total debt of $12,331 million including current maturities, and $4,450 million of undrawn availability under its credit facilities. It said it expects operating rates in Q4 of 85% for O&P-Americas, 60% for European O&P-EAI, and 75% for I&D.
Summary
AI-writtenAnalysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.
Revenue and Operating Income Changes in Q3 2026
The company said its revenues for Q3 2026 fell $678 million (7%) from Q2, and operating income fell $476 million (31%). It cited lower average sales prices, which reduced revenue by 12%, and higher sales volumes, which added 6% to revenue, as the factors behind the change in revenue.
Source · Based on the MD&A text of the filing
Operating Income by Segment in Q3 2026
LyondellBasell said operating income for Q3 2026 decreased from Q2 by $534 million in O&P-Americas and $205 million in O&P-EAI, and increased by $346 million in I&D. It said the Q2 results reflected a loss of $734 million on the disposition of select European assets and the associated businesses.
Source · Based on the MD&A text of the filing
Cash Flows and Use of Funds in the First 9 Months of 2026
The company said it generated $2,199 million of cash from operating activities in the first 9 months of 2026. It said it spent $842 million on capital expenditures, paid $672 million in dividends, and repaid €500 million ($577 million) of 0.875% guaranteed notes due 2026.
Source · Based on the MD&A text of the filing
Current Liquidity as of September 30, 2026 and Operating Rate Outlook for Q4
The company said that as of September 30, 2026, it had cash and cash equivalents of $3,227 million, total debt of $12,331 million including current maturities, and $4,450 million of undrawn availability under its credit facilities. It said it expects operating rates in Q4 of 85% for O&P-Americas, 60% for European O&P-EAI, and 75% for I&D.
Source · Based on the MD&A text of the filing
Structured SEC financial data for this filing is not available yet. Please check the figures in the SEC filing.
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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