**LyondellBasell Industries N.V. (LYB)** shares surged 6.8% to $52 in the last trading session, driven by heightened trading volume and a 13.2% increase over the past month. The rise is attributed to the recent spike in oil prices amid supply disruption concerns linked to civil unrest in Iran.
The company is expected to report quarterly earnings of $0.13 per share, marking an 82.7% year-over-year decline, alongside projected revenues of $6.98 billion, a 26.5% decrease from the previous year. Despite the spike in stock price, earnings estimates have been revised 6.2% lower in the last month, indicating a potential challenge for sustained growth.
In related news, competitor **Tronox Holdings PLC (TROX)** closed at $5.72, reflecting a 3.1% increase. Tronox’s earnings estimate remains unchanged at -$0.34 per share, significantly down from the prior year, positioning it with a Zacks Rank of #5 (Strong Sell).
