LyondellBasell Industries reported adjusted earnings per share of $4.30 for the second quarter of 2026. This result significantly exceeded the Wall Street analyst consensus estimate of $3.41. Quarterly revenue reached $9.18 billion, finishing slightly ahead of forecasts. Net income totaled $559 million, or $1.4 billion when excluding specific items.
The company recorded a $734 million pre-tax loss related to the divestiture of select European assets. CEO Peter Vanacker stated the firm increased operating rates to leverage improved market conditions and global supply disruptions. These strategic moves led to notable margin expansion. The company generated $752 million in cash from operating activities.
LyondellBasell shares rose in pre-market trading following the earnings beat. Management attributed the positive performance to disciplined commercial execution and portfolio strength in a dynamic macroeconomic environment.