Silver Place/iStock via Getty Images Article Thesis LyondellBasell Industries N.V. ( LYB ) is a chemicals company that has seen its shares surge in recent weeks. Disruptions to global energy flows and attacks on infrastructure in the Middle East have improved the earnings outlook for US-based chemical companies massively, with LYB being one of the key beneficiaries of that. LYB's share price has r...
Silver Place/iStock via Getty Images Article Thesis LyondellBasell Industries N.V. ( LYB ) is a chemicals company that has seen its shares surge in recent weeks. Disruptions to global energy flows and attacks on infrastructure in the Middle East have improved the earnings outlook for US-based chemical companies massively, with LYB being one of the key beneficiaries of that. LYB's share price has risen considerably so far this year, but I believe that shares are nevertheless not overly expensive right now. While a dividend cut earlier this year has destroyed the company's dividend growth track record, the yield isn't bad -- LYB yields around 3.7% right now. All in all, I'm moderately bullish on LyondellBasell for now and think there is substantial upside potential over a multi-year time frame. Past Coverage I have written about LyondellBasell here on Seeking Alpha in the past, most recently in January 2026 . I gave the company a Buy rating back then, noting its undemanding valuation and high dividend yield, but I also cautioned that a dividend reduction was possible. LYB has indeed reduced its dividend since then, but shares have nevertheless been a great investment -- at the time of writing, LyondellBasell has returned more than 50% since my most recent article, while the broad market ( SPY ) has dropped by 2% since then. LyondellBasell: Macro Tailwinds The current conflict in the Middle East has entered an armistice for now, but that seems fragile for now. Prior to the most recent development, the war had resulted in major disruptions to global energy markets, but also in major effects on global chemical markets. Despite the current armistice, these disruptions also continue to persist: the Strait of Hormuz is still seeing low traffic volumes, oil prices and LNG prices remain very high, and attacks on oil and chemical infrastructure and assets in countries such as the UAE and Saudi Arabia have resulted in hits to production capacity. For US-based chemical companies...
DELSON, Quebec, April 08, 2026 (GLOBE NEWSWIRE) -- Goodfellow Inc. (TSX: GDL) (the “Company” or “Goodfellow”) announced today its financial results for the first quarter ended February 28, 2026.
DELSON, Quebec, April 08, 2026 (GLOBE NEWSWIRE) -- Goodfellow Inc. (TSX: GDL) (the “Company” or “Goodfellow”) announced today its financial results for the first quarter ended February 28, 2026.
DELSON, Québec, 08 avr. 2026 (GLOBE NEWSWIRE) -- Goodfellow inc. (TSX : GDL) (la « Société » ou « Goodfellow ») annonce aujourd’hui ses résultats financiers pour le premier trimestre terminé le 28 février 2026.
DELSON, Québec, 08 avr. 2026 (GLOBE NEWSWIRE) -- Goodfellow inc. (TSX : GDL) (la « Société » ou « Goodfellow ») annonce aujourd’hui ses résultats financiers pour le premier trimestre terminé le 28 février 2026.
JPMorgan, Citigroup, and Wells Fargo kick off the March-quarter reporting cycle for the Finance sector on April 14th, with each enjoying a strong rebound following the Iran war ceasefire announcement, which has raised hopes that threats to the economy from high oil prices will be resolved.
JPMorgan, Citigroup, and Wells Fargo kick off the March-quarter reporting cycle for the Finance sector on April 14th, with each enjoying a strong rebound following the Iran war ceasefire announcement, which has raised hopes that threats to the economy from high oil prices will be resolved.
Stocks staged a relief rally following the temporary ceasefire deal between Iran and the U.S., but it's still prime time for investors to scoop up shares, investors told CNBC's " Halftime Report " on Wednesday. "[President Donald] Trump was clearly looking for an off ramp for the last couple of weeks…I just don't believe we go back to the depths of worries that we had," said Stephen Weiss, chief i...
Stocks staged a relief rally following the temporary ceasefire deal between Iran and the U.S., but it's still prime time for investors to scoop up shares, investors told CNBC's " Halftime Report " on Wednesday. "[President Donald] Trump was clearly looking for an off ramp for the last couple of weeks…I just don't believe we go back to the depths of worries that we had," said Stephen Weiss, chief investment officer of Short Hills Capital Partners. "I think it sets up very positively for the market to move higher." The major averages surged Wednesday after the U.S. and Iran agreed to a two-week ceasefire, pausing a five-week conflict that had spread across the Middle East and roiled global markets. The Dow Jones Industrial Average soared roughly 2.9%, or more than 1,300 points higher, marking its best day since April 2025. Retail investors may be reassessing their defensive portfolio strategies and seeking buying opportunities. Shannon Saccocia, chief investment officer - wealth for Neuberger Berman recommends investors allocate at least some of their portfolio to risk-on assets like technology stocks, particularly ahead of a potentially blockbuster earnings season that is kicking off this month. "Areas like technology and financials and parts of the industrial sector, those are areas where we felt those valuations were vulnerable in June, July [and] August of last year, [but] those have become more attractive, consistent and coincident with continued economic momentum," Saccocia said. There's "an opportunity to potentially move back into some of those names as we start to see the relative attractiveness of U.S. large caps come back to the fore," she added. Joe Terranova, senior managing director at Virtus Investment Partners, highlighted Alphabet and said that the market's action reflected a "growth story." He noted the Google parent is up more than 1% in 2026, making it the highest performing name in the "Magnificent Seven." "We finally have a Mag Seven name that is...
Rangsarit Chaiyakun/iStock via Getty Images A diesel hydrotreater and the control room for multiple hydrotreating units at Valero Energy's ( VLO ) 380K bbl/day Port Arthur, Texas, refinery were destroyed by a March 23 explosion and fire, Reuters reported Wednesday. No injuries were reported following the explosion that set off the fire at the Unit 245 47K bbl/day diesel hydrotreater, company a...
Rangsarit Chaiyakun/iStock via Getty Images A diesel hydrotreater and the control room for multiple hydrotreating units at Valero Energy's ( VLO ) 380K bbl/day Port Arthur, Texas, refinery were destroyed by a March 23 explosion and fire, Reuters reported Wednesday. No injuries were reported following the explosion that set off the fire at the Unit 245 47K bbl/day diesel hydrotreater, company and law enforcement officials said. Valero ( VLO ) has been working to open a temporary control room to enable a restart of the 45K bbl/day Unit 245 gasoline Gulfiner hydrotreater, according to the report; the unit is one of four hydrotreaters run by the control room destroyed in the fire. Repairs to the control room are expected to take several weeks, and it is not known how long it might take to rebuild the diesel hydrotreater, the report said. The Port Arthur refinery accounts for 3.7% of refining capacity in the U.S. Gulf Coast states of Texas, Louisiana, and Mississippi but produces 6.1% of distillates in those states, according to the Energy Information Administration. More on Valero Energy Valero Energy Shares Follow Crack Spreads Higher (Rating Upgrade) Valero Is Much More Than Fossil-Based Crack Spreads Valero Energy: Still Pumping Cash, But The Valuation Looks Bloated