LyondellBasell Industries NV vs Live Nation Entertainment, Inc. — how do they compare? LyondellBasell Industries NV trades at $61.25 (market cap $19.60B), while Live Nation Entertainment, Inc. trades at $180.98 (market cap $42.09B). The key difference: Live Nation Entertainment, Inc. is far larger — about 2.1× LyondellBasell Industries NV's market cap, and LyondellBasell Industries NV pays a 6.78% dividend while Live Nation Entertainment, Inc. pays none. Which is the better fit depends on your goals.
| LYB | LYV | |
|---|---|---|
Market Cap | $19.60B | $42.09B |
Sector | Basic Materials | Industrials |
52-Week High | $82.38 | $186.59 |
52-Week Low | $42.28 | $125.61 |
Enterprise Value | $31.22B | $43.59B |
Dividend Yield | 6.78% | — |
Trailing returns across standard periods
Latest headlines on both assets
LyondellBasell Industries NV is a petrochemical producer with operations in the U.S. and Europe. It operates in six segments: Olefins and Polyolefins-Americas (O&P-Americas), Olefins and Polyolefins-Europe, Asia, International (O&P-EAI), Intermediates and Derivatives (I&D), Advanced Polymer Solutions (APS), Refining and Technology. The company is a major producer of polyethylene, the world's largest producer of polypropylene, and the second- largest producer of propylene oxide. Its chemicals are used in various consumer and industrial end products. Substantially, all of the company's revenue is derived from product sales.
Read more on LYB →Live Nation is the largest live entertainment firm in the world with over 570 million fans served in 44 countries in 2018 by the company's concert and ticketing platforms. Via either owning, operating, or holding exclusive booking rights, Live Nation controls over 235 venues including the House of Blues, the Hollywood Palladium, and Spark Arena in New Zealand. Live Nation also owns one of the largest ticketing services, Ticketmaster, which sold over 480 million tickets for over 12,000 clients in 2018. The firm's artist management agencies have over 400 clients. This large live entertainment footprint helped Live Nation become one of the largest advertising and sponsorship platforms aimed at music fans. Liberty Media owns 33% of Live Nation, held under its SiriusXM tracking stock.
Read more on LYV →