LyondellBasell Industries is a chemical company. Co.'s chemicals businesses consist of processing plants that convert liquid and gaseous hydrocarbon feedstocks into plastic resins and other chemicals, and used by its customers to manufacture a range of products including food packaging, home furnishings, automotive components, paints and coatings. Co.'s refining business consists of its Houston refinery, which processes crude oil into products such as gasoline, diesel and jet fuel. Co.'s reportable segments include: Olefins and Polyolefins - Americas; Olefins and Polyolefins - Europe, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; Refining; and Technology. We show 54 historical shares outstanding datapoints in our LYB shares outstanding history coverage, used to compute LYB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LYB market cap history over the course of time is important for investors
interested in comparing LYB's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of LYB versus a peer is one thing; comparing
LYB market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like LYB can fluctuate over the course of history.
With this page we aim to empower investors researching LYB by allowing them to research the LYB market cap history. |
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Video: The Importance of Market Cap
