Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

Lyondellbasell Indu Cl A / Equity Bottom-Up

<ul>
<li>Upon evaluation of LyondellBasell's Q4 and full-year 2023 results, a finely balanced investment thesis can be derived, considering the company's strategic initiatives, performance, and the broader economic environment.</li>
<li>LyondellBasell safely navigated a challenging year, as illustrated in its outcome of earning $8.65 per share and a robust EBITDA of $5.2 billion.</li>
<li>The company's cash generation was commendable, marked at $4.9 billion from operations, validating its efficient cash conversion ratio of 98%.</li>
</ul>


Upon evaluation of LyondellBasell's Q4 and full-year 2023 results, a finely balanced investment thesis can be derived, considering the company's strategic initiatives, performance, and the broader economic environment.
LyondellBasell safely navigated a challenging year, as illustrated in its outcome of earning $8.65 per share and a robust EBITDA of $5.2 billion.
The company's cash generation was commendable, marked at $4.9 billion from operations, validating its efficient cash conversion ratio of 98%.


LyondellBasell Industries N.V.: 6 Biggest Catalysts Of Its Top-Line Growth In 2024 & Beyond!

<ul>
<li>LyondellBasell Industries NV surpassed Wall Street's revenue and earnings expectations, with earnings at $2.46 per share and EBITDA reaching $1.4 billion.</li>
<li>The company maintains a strong liquidity position, with $7 billion available at the end of the quarter.</li>
<li>Maturing bonds were repaid, investments to foster asset growth were funded, and shareholders were rewarded through dividends and share repurchases.</li>
</ul>


LyondellBasell Industries NV surpassed Wall Street's revenue and earnings expectations, with earnings at $2.46 per share and EBITDA reaching $1.4 billion.
The company maintains a strong liquidity position, with $7 billion available at the end of the quarter.
Maturing bonds were repaid, investments to foster asset growth were funded, and shareholders were rewarded through dividends and share repurchases.


LyondellBasell Industries: A Petrochemical Powerhouse Leveraging Cost Advantages and Innovation

<ul>
<li>LyondellBasell Industries delivered mixed results for the previous quarter, with revenues below the analyst consensus.</li>
<li>O&amp;P Americas EBITDA climbed by $138 million to $679 million during the second quarter.</li>
<li>Their team anticipates that fluctuating feedstock costs and the emergence of new capacity will cause margins to contract in the third quarter.</li>
</ul>


LyondellBasell Industries delivered mixed results for the previous quarter, with revenues below the analyst consensus.
O&amp;P Americas EBITDA climbed by $138 million to $679 million during the second quarter.
Their team anticipates that fluctuating feedstock costs and the emergence of new capacity will cause margins to contract in the third quarter.


LyondellBasell Industries N.V.: Can The Acquisition Of Stiphout Be A Game Changer? - Major Drivers

Value Investing

Vladimir Dimitrov, CFA

<ul>
<li>LyondellBasell stock offers a high dividend yield of 5.5% and improving cash flow coverage.</li>
<li>Some major headwinds are dissipating and this puts LyondllBasell in a very good position to improve its profitability profile.</li>
<li>LyondellBasell (<span class="ticker-hover-wrapper">NYSE:LYB</span>) delivered nearly 16% total return since December of last year, when I took a deep dive into the company's operations and explained why the stock is attractive for anyone looking for attractive risk-reward opportunities.</li>
</ul>


LyondellBasell stock offers a high dividend yield of 5.5% and improving cash flow coverage.
Some major headwinds are dissipating and this puts LyondllBasell in a very good position to improve its profitability profile.
LyondellBasell (NYSE:LYB) delivered nearly 16% total return since December of last year, when I took a deep dive into the company's operations and explained why the stock is attractive for anyone looking for attractive risk-reward opportunities.


LyondellBasell: A 5.5% Dividend Yield That Is Worth Your Attention

<ul>
<li>LyondellBasell delivered a mixed set of results in the last quarter with revenues below analyst expectations but managed an earnings beat.</li>
<li>At the end of the first quarter, LyondellBasell had $1.8 billion in cash on hand.</li>
<li>With the successful start-up of their world-scale PO/TBA facility, capital expenditures associated with plant construction will be substituted with increased cash generation.</li>
</ul>


LyondellBasell delivered a mixed set of results in the last quarter with revenues below analyst expectations but managed an earnings beat.
At the end of the first quarter, LyondellBasell had $1.8 billion in cash on hand.
With the successful start-up of their world-scale PO/TBA facility, capital expenditures associated with plant construction will be substituted with increased cash generation.


LyondellBasell Industries: Why Is The Company’s Stock a ‘Hold’ Despite Beating Earnings?

United States

LyondellBasell Industries NV manufactures plastic, chemical, and fuel products. The Company offers products for the manufacturing of personal care products, fresh food packaging, lightweight plastics, construction materials, automotive components, durable textiles, medical applications, and biofuels. LyondellBasell Industries conducts its business worldwide.

Lyondellbasell Indu Cl A (LYB US)

LyondellBasell Industries N.V.: 6 Biggest Catalysts Of Its Top-Line Growth In 2024 & Beyond!

Upon evaluation of LyondellBasell's Q4 and full-year 2023 results, a finely balanced investment thesis can be derived, considering the company's...

Baptista Research

LyondellBasell Industries: A Petrochemical Powerhouse Leveraging Cost Advantages and Innovation

LyondellBasell Industries NV surpassed Wall Street's revenue and earnings expectations, with earnings at $2.46 per share and EBITDA reaching $1.4...

Baptista Research

LyondellBasell Industries N.V.: Can The Acquisition Of Stiphout Be A Game Changer? - Major Drivers

LyondellBasell Industries delivered mixed results for the previous quarter, with revenues below the analyst consensus. O&P Americas EBITDA...

Baptista Research

LyondellBasell: A 5.5% Dividend Yield That Is Worth Your Attention

Some major headwinds are dissipating and this puts LyondllBasell in a very good position to improve its profitability profile.

Vladimir Dimitrov, CFA

LyondellBasell Industries: Why Is The Company’s Stock a ‘Hold’ Despite Beating Earnings?

LyondellBasell delivered a mixed set of results in the last quarter with revenues below analyst expectations but managed an earnings beat. At the...

Baptista Research