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LyondellBasell Industries N.V. (LYB) CEO Bob Patel on Q1 2020 Results - Earnings Call Transcript

May 01, 2020 4:41 PM ETLyondellBasell Industries N.V. (LYB)
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LyondellBasell Industries N.V. (NYSE:LYB) Q1 2020 Earnings Conference Call May 1, 2020 11:00 AM ET

Company Participants

David Kinney - Director, Investor Relations

Bob Patel - Chief Executive Officer

Michael McMurray - Chief Financial Officer

Conference Call Participants

John McNulty - BMO Capital Markets

Steve Byrne - Bank of America

David Begleiter - Deutsche Bank

Vincent Andrews - Morgan Stanley

Arun Viswanathan - RBC Capital Markets

P.J. Juvekar - Citi

Kevin McCarthy - Vertical Research Partners

Aleksey Yefremov - KeyBanc

Duffy Fischer - Barclays

Dylan Campbell - Goldman Sachs

Mike Sison - Wells Fargo

Frank Mitsch - Fermium Research

Jeff Zekauskas - JPMorgan

Jonas Oxgaard - Bernstein

John Roberts - UBS

Matthew Blair - Tudor Pickering Holt

Hassan Ahmed - Alembic Global Advisors


Hello and welcome to the LyondellBasell Teleconference. At the request of LyondellBasell, this conference is being recorded for instant replay purposes. Following today's presentation, we will conduct a question-and-answer session. [Operator Instructions]

I'd now like to turn the conference over to Mr. David Kinney, Director of Investor Relations. Sir you may begin.

David Kinney

Thank you, operator. Hello and welcome to LyondellBasell's First Quarter 2020 Teleconference. I'm joined today by Bob Patel, our Chief Executive Officer; and Michael McMurray, our Chief Financial Officer.

Before we begin the business discussion, I would like to point out that a slide presentation accompanies today's call and is available on our website at www.lyondellbasell.com.

Today we will be discussing our business results while making reference to some forward-looking statements and non-GAAP financial measures. We believe the forward-looking statements are based upon reasonable assumptions and the alternative measures are useful to investors.

Nonetheless, the forward-looking statements are subject to significant risk and uncertainty. We encourage you to learn more about the factors that could lead our actual results to differ by reviewing the

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