Subtext

LyondellBasell Industries N.V. LYB

SectorMaterials
Transcripts53
Date range2012-04-30 – 2025-04-25
Calls charted53

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-14-7+0+7+142012 Q12013 Q42015 Q32017 Q22019 Q12020 Q42022 Q32024 Q22012 Q1 · Overall: +4.02012 Q2 · Overall: +5.72012 Q3 · Overall: +5.92012 Q4 · Overall: +7.42013 Q1 · Overall: +1.32013 Q2 · Overall: +9.82013 Q3 · Overall: +2.62013 Q4 · Overall: +10.12014 Q1 · Overall: +2.12014 Q2 · Overall: +7.82014 Q3 · Overall: +3.82014 Q4 · Overall: +7.92015 Q1 · Overall: +0.32015 Q2 · Overall: +0.12015 Q3 · Overall: +2.22015 Q4 · Overall: +4.62016 Q1 · Overall: +3.72016 Q2 · Overall: -0.22016 Q3 · Overall: -1.82016 Q4 · Overall: +3.62017 Q1 · Overall: +7.42017 Q2 · Overall: +8.62017 Q3 · Overall: +2.72017 Q4 · Overall: +11.32018 Q1 · Overall: +5.92018 Q2 · Overall: +10.42018 Q3 · Overall: +5.32018 Q4 · Overall: +5.22019 Q1 · Overall: +7.02019 Q2 · Overall: +6.82019 Q3 · Overall: +4.12019 Q4 · Overall: +4.82020 Q1 · Overall: -0.82020 Q2 · Overall: -2.32020 Q3 · Overall: -8.92020 Q4 · Overall: +3.42021 Q1 · Overall: +6.32021 Q2 · Overall: +3.32021 Q3 · Overall: +3.02021 Q4 · Overall: +6.22022 Q1 · Overall: +6.42022 Q2 · Overall: +4.32022 Q3 · Overall: +2.22022 Q4 · Overall: +8.22023 Q1 · Overall: +10.22023 Q2 · Overall: +7.12023 Q3 · Overall: +5.22023 Q4 · Overall: +10.42024 Q1 · Overall: +0.02024 Q2 · Overall: +10.92024 Q3 · Overall: +5.22024 Q4 · Overall: +11.82025 Q1 · Overall: +3.6
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-39-20+0+20+392012 Q12013 Q42015 Q32017 Q22019 Q12020 Q42022 Q32024 Q22012 Q1 · CEO: +8.62012 Q2 · CEO: +11.02012 Q3 · CEO: +7.42012 Q4 · CEO: +12.22013 Q1 · CEO: +7.62013 Q2 · CEO: +14.22013 Q3 · CEO: +6.22013 Q4 · CEO: +15.82014 Q1 · CEO: +5.82014 Q2 · CEO: +12.02014 Q3 · CEO: +7.72014 Q4 · CEO: +15.32015 Q1 · CEO: +4.52016 Q1 · CEO: +5.52016 Q2 · CEO: +1.82016 Q3 · CEO: +0.22016 Q4 · CEO: +6.42017 Q1 · CEO: +12.02017 Q2 · CEO: +15.52017 Q3 · CEO: +4.32017 Q4 · CEO: +15.32018 Q1 · CEO: +14.82018 Q2 · CEO: +16.02018 Q3 · CEO: +7.22018 Q4 · CEO: +8.92019 Q1 · CEO: +13.92019 Q2 · CEO: +10.42019 Q3 · CEO: +7.82019 Q4 · CEO: +10.32020 Q1 · CEO: +0.02020 Q2 · CEO: +3.22020 Q3 · CEO: -7.22020 Q4 · CEO: +6.92021 Q1 · CEO: +2.82021 Q2 · CEO: +7.02021 Q3 · CEO: +7.62021 Q4 · CEO: +15.52022 Q2 · CEO: +11.52022 Q3 · CEO: +12.72022 Q4 · CEO: +12.92023 Q1 · CEO: +22.02023 Q2 · CEO: +17.62023 Q3 · CEO: +12.12023 Q4 · CEO: +17.62024 Q2 · CEO: +22.22024 Q3 · CEO: +11.72024 Q4 · CEO: +19.02025 Q1 · CEO: +6.12012 Q1 · CFO: +4.22012 Q2 · CFO: -0.72012 Q3 · CFO: +7.52012 Q4 · CFO: +4.42013 Q1 · CFO: +3.72013 Q2 · CFO: +6.82013 Q3 · CFO: +5.02013 Q4 · CFO: +9.02014 Q1 · CFO: +7.72014 Q2 · CFO: +16.12014 Q3 · CFO: +4.42014 Q4 · CFO: +4.22015 Q1 · CFO: +3.12016 Q1 · CFO: +27.72016 Q2 · CFO: +12.52016 Q3 · CFO: +6.72016 Q4 · CFO: +1.12017 Q1 · CFO: +14.32017 Q2 · CFO: +13.22017 Q3 · CFO: +24.82017 Q4 · CFO: +13.62018 Q1 · CFO: +5.92018 Q2 · CFO: +12.32018 Q3 · CFO: +18.12018 Q4 · CFO: +7.42019 Q1 · CFO: +2.62019 Q2 · CFO: +10.52019 Q3 · CFO: +13.32019 Q4 · CFO: +2.22020 Q1 · CFO: +12.82020 Q2 · CFO: +34.22020 Q3 · CFO: +32.32020 Q4 · CFO: +11.12021 Q1 · CFO: +16.22021 Q2 · CFO: +28.92021 Q4 · CFO: +6.62022 Q2 · CFO: +19.02022 Q3 · CFO: +3.32022 Q4 · CFO: +16.32023 Q1 · CFO: +8.22023 Q2 · CFO: +13.62023 Q3 · CFO: +13.02023 Q4 · CFO: +19.62024 Q2 · CFO: +14.02024 Q3 · CFO: +11.52024 Q4 · CFO: +14.02025 Q1 · CFO: +11.7
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-28-14+0+14+282012 Q12013 Q42015 Q32017 Q22019 Q12020 Q42022 Q32024 Q22012 Q1 · Prepared remarks: +12.92012 Q2 · Prepared remarks: +2.82012 Q3 · Prepared remarks: +2.32012 Q4 · Prepared remarks: +8.42013 Q1 · Prepared remarks: +3.32013 Q2 · Prepared remarks: +11.62013 Q3 · Prepared remarks: +2.32013 Q4 · Prepared remarks: +11.82014 Q1 · Prepared remarks: +1.72014 Q2 · Prepared remarks: +3.82014 Q3 · Prepared remarks: +3.22014 Q4 · Prepared remarks: +13.22015 Q1 · Prepared remarks: +0.72015 Q2 · Prepared remarks: +3.92015 Q3 · Prepared remarks: +4.52015 Q4 · Prepared remarks: +8.32016 Q1 · Prepared remarks: +16.92016 Q2 · Prepared remarks: +4.72016 Q3 · Prepared remarks: -6.82016 Q4 · Prepared remarks: +9.62017 Q1 · Prepared remarks: +19.12017 Q2 · Prepared remarks: +21.72017 Q3 · Prepared remarks: +6.32017 Q4 · Prepared remarks: +17.42018 Q1 · Prepared remarks: +23.62018 Q2 · Prepared remarks: +21.32018 Q3 · Prepared remarks: +10.62018 Q4 · Prepared remarks: +11.82019 Q1 · Prepared remarks: +17.12019 Q2 · Prepared remarks: +15.32019 Q3 · Prepared remarks: +12.92019 Q4 · Prepared remarks: +10.82020 Q1 · Prepared remarks: +1.22020 Q2 · Prepared remarks: +7.82020 Q3 · Prepared remarks: +4.22020 Q4 · Prepared remarks: +10.12021 Q1 · Prepared remarks: +16.02021 Q2 · Prepared remarks: +13.52021 Q3 · Prepared remarks: +12.92021 Q4 · Prepared remarks: +13.32022 Q1 · Prepared remarks: +11.62022 Q2 · Prepared remarks: +18.92022 Q3 · Prepared remarks: +13.02022 Q4 · Prepared remarks: +11.42023 Q1 · Prepared remarks: +22.92023 Q2 · Prepared remarks: +19.02023 Q3 · Prepared remarks: +11.42023 Q4 · Prepared remarks: +16.02024 Q1 · Prepared remarks: +17.32024 Q2 · Prepared remarks: +24.22024 Q3 · Prepared remarks: +9.82024 Q4 · Prepared remarks: +16.22025 Q1 · Prepared remarks: +10.42012 Q1 · Q&A responses: +5.02012 Q2 · Q&A responses: +12.32012 Q3 · Q&A responses: +10.02012 Q4 · Q&A responses: +10.82013 Q1 · Q&A responses: +19.42013 Q2 · Q&A responses: +12.52013 Q3 · Q&A responses: +6.42013 Q4 · Q&A responses: +15.22014 Q1 · Q&A responses: +8.32014 Q2 · Q&A responses: +10.62014 Q3 · Q&A responses: +9.72014 Q4 · Q&A responses: +11.02015 Q1 · Q&A responses: +9.02015 Q2 · Q&A responses: +1.82015 Q3 · Q&A responses: +4.32015 Q4 · Q&A responses: +6.72016 Q1 · Q&A responses: +1.22016 Q2 · Q&A responses: +1.12016 Q3 · Q&A responses: +6.62016 Q4 · Q&A responses: +2.12017 Q1 · Q&A responses: +3.42017 Q2 · Q&A responses: +8.22017 Q3 · Q&A responses: +6.02017 Q4 · Q&A responses: +7.82018 Q1 · Q&A responses: +3.72018 Q2 · Q&A responses: +8.62018 Q3 · Q&A responses: +5.12018 Q4 · Q&A responses: +2.92019 Q1 · Q&A responses: +6.02019 Q2 · Q&A responses: +4.92019 Q3 · Q&A responses: +3.42019 Q4 · Q&A responses: +6.22020 Q1 · Q&A responses: +2.22020 Q2 · Q&A responses: +4.32020 Q3 · Q&A responses: -6.92020 Q4 · Q&A responses: +2.62021 Q1 · Q&A responses: +0.42021 Q2 · Q&A responses: +7.52021 Q3 · Q&A responses: +3.42021 Q4 · Q&A responses: +7.22022 Q1 · Q&A responses: +9.22022 Q2 · Q&A responses: +0.32022 Q3 · Q&A responses: -0.32022 Q4 · Q&A responses: +10.82023 Q1 · Q&A responses: +6.62023 Q2 · Q&A responses: +1.32023 Q3 · Q&A responses: +6.12023 Q4 · Q&A responses: +11.92024 Q1 · Q&A responses: +5.22024 Q2 · Q&A responses: +6.72024 Q3 · Q&A responses: +9.72024 Q4 · Q&A responses: +12.42025 Q1 · Q&A responses: +3.7
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$5.36$11.47$17.582012 Q12013 Q42015 Q32017 Q22019 Q12020 Q42022 Q32024 Q22014 Q1: $7.602014 Q2: $8.052014 Q3: $8.932014 Q4: $8.862015 Q1: $8.002015 Q2: $9.882015 Q3: $10.352015 Q4: $10.162016 Q1: $9.492016 Q2: $9.812016 Q3: $9.712016 Q4: $9.832017 Q1: $9.802017 Q2: $9.512017 Q3: $9.282017 Q4: $9.372018 Q1: $10.552018 Q2: $11.042018 Q3: $11.422018 Q4: $11.232019 Q1: $10.782019 Q2: $11.102019 Q3: $11.472019 Q4: $11.502020 Q1: $8.932020 Q2: $6.202020 Q3: $6.792020 Q4: $7.312021 Q1: $10.872021 Q2: $14.472021 Q3: $16.292021 Q4: $15.292022 Q1: $15.262022 Q2: $16.742022 Q3: $15.262022 Q4: $9.532023 Q1: $9.472023 Q2: $10.232023 Q3: $9.552023 Q4: $9.482024 Q1: $8.802024 Q2: $9.122024 Q3: $9.002024 Q4: $8.06

Forward P/E

3.908.5213.132012 Q12013 Q42015 Q32017 Q22019 Q12020 Q42022 Q32024 Q22014 Q1: 11.802014 Q2: 12.292014 Q3: 12.492014 Q4: 8.532015 Q1: 10.852015 Q2: 10.492015 Q3: 8.432015 Q4: 8.752016 Q1: 9.102016 Q2: 8.062016 Q3: 7.772016 Q4: 8.962017 Q1: 9.272017 Q2: 8.512017 Q3: 10.152017 Q4: 11.472018 Q1: 10.302018 Q2: 10.462018 Q3: 8.992018 Q4: 7.182019 Q1: 8.252019 Q2: 7.772019 Q3: 7.702019 Q4: 8.282020 Q1: 4.542020 Q2: 10.782020 Q3: 11.342020 Q4: 12.192021 Q1: 10.002021 Q2: 7.392021 Q3: 5.822021 Q4: 5.692022 Q1: 6.612022 Q2: 5.742022 Q3: 5.182022 Q4: 8.782023 Q1: 8.882023 Q2: 8.832023 Q3: 10.352023 Q4: 9.822024 Q1: 11.562024 Q2: 10.462024 Q3: 10.442024 Q4: 9.28

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2014 Q3 tone ↓ -3.9 fwd EPS ↑ +0.88 Tone cooled even as the forward EPS estimate rose.
  • 2015 Q4 tone ↑ +2.4 fwd EPS ↓ -0.19 Tone rose while the forward EPS estimate was cut.
  • 2016 Q2 tone ↓ -3.9 fwd EPS ↑ +0.32 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q1 tone ↓ -5.4 fwd EPS ↑ +1.19 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q3 tone ↓ -5.0 fwd EPS ↑ +0.38 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q3 tone ↓ -2.7 fwd EPS ↑ +0.38 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q3 tone ↓ -6.5 fwd EPS ↑ +0.58 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q2 tone ↓ -3.0 fwd EPS ↑ +3.60 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q4 tone ↑ +3.2 fwd EPS ↓ -1.00 Tone rose while the forward EPS estimate was cut.
  • 2022 Q2 tone ↓ -2.0 fwd EPS ↑ +1.48 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q4 tone ↑ +6.1 fwd EPS ↓ -5.73 Tone rose while the forward EPS estimate was cut.
  • 2023 Q2 tone ↓ -3.1 fwd EPS ↑ +0.76 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q4 tone ↑ +6.6 fwd EPS ↓ -0.94 Tone rose while the forward EPS estimate was cut.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-04-25+3.6——View →
2024 Q42025-01-31+11.8$8.069.3View →
2024 Q32024-11-01+5.2$9.0010.4View →
2024 Q22024-08-02+10.9$9.1210.5View →
2024 Q12024-04-26+0.0$8.8011.6View →
2023 Q42024-02-02+10.4$9.489.8View →
2023 Q32023-10-27+5.2$9.5510.3View →
2023 Q22023-08-04+7.1$10.238.8View →