Lyondell Chemical Co. (LYO)
Financials 
Technical Analysis 0
TOP PICK
Prefaced his Top Picks stating, “It is not a cheap market”. Petrochemical as well as refining/marketing. Bought the Venezuelan government’s Houston refinery. Since then, refining and marketing margins have gone through the roof. Chemical business is doing better. The largest shareholder, Occidental Petroleum (OXY-N) just sold their shares. Still cheap and has lots of upside.
Norman LevineOwned
chemicals
TOP PICK
One of the biggest players in the ethylene market and one of the largest refiners of gasoline in the US. Recently bought out Venezuela's stake in the Houston refinery. Selling off some of their less strategic positions. Paying down debt. Good dividend.
Norman LevineOwned
chemicals
TOP PICK
Half a chemical company (mostly ethylene) and half a refining company. Bought out Venezuela's holdings in its Houston refinery at a very good price. Refinery margins have gone up dramatically since. Selling off another division and will be able to pay off all the debt on the Houston deal.
Norman LevineOwned
chemicals
TOP PICK
They have both ethylene and refinery/marketing business. Hurricane Katrina took out a couple of their plants at the same time that the price of oil went up dramatically. Oil has moderated and ethylene has picked up. Bought a Houston refinery and are making gobs of money from it.
Norman LevineOwned
chemicals
PAST TOP PICK
(A Top Pick Aug 15/05. Down 4%.) Still likes. Has been volatile because raw materials of oil and natural gas have spiked up. Chemical companies have not been able to pass along price increases as fast. Also, one of their plants in Louisiana will be permanently shut down. There will be a shortage of ethylene for a number of years.
Norman LevineOwned
chemicals
PAST TOP PICK
(A Top Pick Aug 15. Up 1.5%.) A major ethylene producer and believes there's going to be a shortage in the next few years. Unfortunately the price of oil and gas has been pushed up very fast because of the hurricane. Have not been able to pass their costs along as quickly. This is temporary and he still likes.
Norman LevineOwned
chemicals
BUY ON WEAKNESS
With the price of oil and gas going up as quickly as they are, they can't raise their prices to keep pace with it. There will be some temporary hurt. Could drop another $1 or $2. There is a shortage of ethylene which will go on for the next couple of years. Good yield. Cyclical.
Norman LevineOwned
chemicals
TOP PICK
A diversified chemical company. Main product is ethylene which is forcast to be in short supply through 2008. With demand remaining strong there have been worries about a number of plants being built in the middle east, but they keep getting delayed. 3% yield. In a good growth phase. Cyclical.
Norman LevineOwned
chemicals
TOP PICK
Dividend of 3.2% which is one of the highest dividends in the chemicla group. They're big in ethylene, styrene, propolenes, etc. Well diversified in stable chemicals as well as specialty ones giving it less volatility. Chemical prices came off earlier in the year and ethylene is now starting to climb again and the stocks are starting to show that.
Norman LevineOwned
chemicals
'%20fill='%23ffffff'%3e%3cg%20id='Pager'%20transform='translate(423.000000,%201755.000000)'%3e%3cpath%20d='M243.295367,17.286474%20C243.68919,16.9045087%20244.327703,16.9045087%20244.721525,17.286474%20L249,21.4361302%20L253.278475,17.286474%20C253.672297,16.9045087%20254.31081,16.9045087%20254.704633,17.286474%20C255.098456,17.6684393%20255.098456,18.2877274%20254.704633,18.6696927%20L249.35654,23.856763%20C249.159628,24.0477457%20248.840372,24.0477457%20248.64346,23.856763%20L243.295367,18.6696927%20C242.901544,18.2877274%20242.901544,17.6684393%20243.295367,17.286474%20Z'%20id='Path'%20transform='translate(249.000000,%2020.500000)%20rotate(-90.000000)%20translate(-249.000000,%20-20.500000)%20'%3e%3c/path%3e%3c/g%3e%3c/g%3e%3c/g%3e%3c/svg%3e)
Lyondell Chemical Co. (LYO) Frequently Asked Questions
What is Lyondell Chemical Co. stock symbol?
Lyondell Chemical Co. is a OTC stock, trading under the symbol LYO (previously LYO-N on Stockchase) on the (). It is usually referred to as or LYO
Is Lyondell Chemical Co. a buy or a sell?
In the last year, there was no coverage of Lyondell Chemical Co. published on Stockchase.
Is Lyondell Chemical Co. a good investment or a top pick?
Lyondell Chemical Co. was recommended as a Top Pick by Norman Levine on 2005-06-06. Read the latest stock experts ratings for Lyondell Chemical Co..
Why is Lyondell Chemical Co. stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.
Is Lyondell Chemical Co. worth watching?
In the last year 0 stock analysts on Stockchase covered Lyondell Chemical Co.. The stock is worth watching.
