LyondellBasell Industries has the Highest Level of Cash in the Commodity Chemicals Industry (LYB, WLK, MEOH, KRO, CBT)
Below are the three companies in the Commodity Chemicals industry with the highest cash equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.
LyondellBasell Industries ranks highest with a CE of $3,000. Westlake Chemical is next with a CE of $1,000. Methanex ranks third highest with a CE of $427.
Kronos Worldwide follows with a CE of $130, and Cabot rounds out the top five with a CE of $77.
SmarTrend recommended that its subscribers protect gains by selling shares of Westlake Chemical on May 5th, 2016 by issuing a Downtrend alert when the shares were trading at $48.04. Since that call, shares of Westlake Chemical have fallen 9.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest level of cash lyondellbasell industries westlake chemical methanex kronos worldwide cabot