Westlake Chemical

Westlake Corp. manufactures and markets petrochemicals, polymers and fabricated building products. It operates through the following segments: Olefins and Vinyls. The Olefins segment manufactures ethylene, polyethylene and styrene and associated co-products at the manufacturing facility in Lake Charles and polyethylene at the Longview facility. The Vinyls segment manufactures and sells building products fabricated from polyvinyl chloride, including pipe, fittings, profiles, foundation, building products, fence and deck components, window and door components, and film and sheet products. The company was founded by Ting Tsung Chao in 1986 and is headquartered in Houston, TX.

Earnings data Q1 2024

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Westlake Corp. Is a global diversified industrial company, which engages in the manufacturing and supplying of essential products. It operates through the Performance and Essential Materials, and Housing and Infrastructure Products segments. The Performance and Essential Materials segment includes Westlake North American Vinyls, Westlake North American Chlor-alkali and Derivatives, Westlake European and Asian Chlorovinyls, Westlake Olefins, Westlake Polyethylene, and Westlake Epoxy. The Housing and Infrastructure Products segments refers to the Westlake Royal Building Products, Westlake Pipe and Fittings, Westlake Global Compounds, and Westlake Dimex. The company was founded by Ting Tsung Chao in 1986 and is headquartered in Houston, TX.

Westlake (WLK) will provide its customers with more customized solutions that fit their needs throughout the country.

Westlake (WLK) Expands Partnership With U.S. LUMBER & Amerhart

WOODBRIDGE, Ontario--(BUSINESS WIRE)--Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE:WLK), will exhibit at The Buildings Show 2023, taking place November 29 to December 1 at the Metro Toronto Convention Centre in Toronto. Westlake Royal will host a product demonstration for Versetta Stone® and exhibit new products from the siding, trim and accessories, roofing and tools lines. Located at the booths 223 and 227, Westlake Royal will exhibit products from across its.

Westlake Royal Building Products™ to Host Versetta Stone Installation Demonstration at The Buildings Show

HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE:WLK), today announced an expanded partnership with U.S. LUMBER and Amerhart, which are both Specialty Building Products (SBP) brands, that will encompass multiple products and locations. U.S. LUMBER and Amerhart are leading distributors of building materials. Through this expanded partnership, U.S. LUMBER and Amerhart will add distribution for more of Westlake Royal's leading brands, includi.

Westlake Royal Building Products™ Announces Expanded Partnership with SBP-owned U.S. LUMBER and Amerhart

HOUSTON--(BUSINESS WIRE)--The Board of Directors of Westlake Corporation (NYSE: WLK) today declared a regular dividend distribution of 50 cents per share for the third quarter of 2023. This dividend will be payable on December 6, 2023, to stockholders of record on November 21, 2023. This is the 77th successive quarterly dividend that Westlake has declared since completing its initial public offering in August 2004. The statements in this release that are not historical facts, including statemen.

Westlake Corporation Declares Quarterly Dividend

Westlake (WLK) benefits from resilient North American housing and infrastructure construction activities and higher operating rates despite lower average sales prices in Q3.

Westlake's (WLK) Q3 Earnings Beat Estimates, Sales Miss

Westlake Corporation (NYSE:WLK ) Q3 2023 Results Conference Call November 2, 2023 11:00 AM ET Company Participants Jeff Holy - VP and Treasurer Albert Chao - President and CEO Steve Bender - EVP and CFO Conference Call Participants Patrick Cunningham - Citi Frank Mitsch - Fermium Research Bhavesh Lodaya - BMO Capital Markets Matthew Blair - TPH David Begleiter - Deutsche Bank Duffy Fisher - Goldman Sachs Kevin McCarthy - Vertical Research Partners Chris Perrella - UBS Hassan Ahmed - Alembic Global Advisors Michael Sison - Wells Fargo Arun Viswanathan - RBC Capital Markets Operator Good morning, ladies and gentlemen. Thank you for standing by.

Westlake Corporation (WLK) Q3 2023 Earnings Call Transcript

The headline numbers for Westlake (WLK) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Westlake (WLK) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Westlake Chemical (WLK) came out with quarterly earnings of $2.20 per share, beating the Zacks Consensus Estimate of $1.92 per share. This compares to earnings of $3.10 per share a year ago.

Westlake Chemical (WLK) Q3 Earnings Beat Estimates

HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced third quarter 2023 results. SUMMARY FINANCIAL HIGHLIGHTS ($ in millions except per share data)       Three Months Ended September 30, 2023   Three Months Ended June 30, 2023   Three Months Ended September 30, 2022               Westlake Corporation             Net sales   $ 3,115     $ 3,251     $ 3,956   Income from operations   $ 349     $ 396     $ 516   Operating income margin     11%  .

Westlake Corporation Reports Third Quarter 2023 Results

HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) today released its 2022 Environmental, Social and Governance (ESG) report, which marks the company's sixth annual update on sustainability advances and initiatives in products and operations. This year, the report includes certain metrics established by the Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB). Further, in the fourth quarter of 2022, Westlake performed a Task Force on Climate-Related Dis.

Westlake Releases 2022 Environmental, Social and Governance Report

Westlake (WLK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Westlake Chemical (WLK) Q3 Earnings Expected to Decline

Westlake Corporation generates good free cash flow and has a strong balance sheet. The dividend yield is too low for the current rate environment but has grown at a double-digit pace over the past five years. The stock is fully valued based on forward PE and EV/EBITDA multiples, but it may be an excellent buying opportunity close to $100 or below.

Westlake Corporation: Executing Well Under Tough Economic Conditions

HOUSTON--(BUSINESS WIRE)--New requirements for ENERGY STAR®-rated windows go into effect October 23, 2023, and Westlake Royal Window Solutions (Westlake Royal Windows), a Westlake company (NYSE:WLK), is ready to serve customers with a range of options across all three of its window collections. Under the ENERGY STAR Version 7.0 Residential Windows, Doors, and Skylights Final Specification, finalized October 20, 2022, windows, doors, and skylights must meet higher benchmarks of energy efficiency.

Westlake Royal Window Solutions™ Offers an Array of Options to Meet New ENERGY STAR® 7.0 Efficiency Standards

HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) will release its third quarter 2023 earnings prior to the market opening on Thursday, November 2, 2023. The company will host a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on the same day to discuss the earnings release. To access the conference by phone, it is necessary to pre-register at https://register.vevent.com/register/BIf37d4bda7ce244168b3b62b894d43e67. Once registered, you will receive a phone number an.

Westlake Announces Third Quarter 2023 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE:WLK), announced today that Zuri™ Premium Decking was named as a winner in Good Housekeeping's 2023 Home Renovation Awards in the “Exterior Enhancements” category. “Good Housekeeping's Home Renovation Awards showcase innovations and solutions that truly enhance the way homeowners renovate and maintain their homes. We are honored that Zuri Premium Decking is a part of this esteemed recognition.

Zuri™ Premium Decking From Westlake Royal Building Products™ Named a Winner in Good Housekeeping's 2023 Home Renovation Awards

The collaboration of Westlake (WLK) and Resinex will concentrate on the European and Turkish markets.

Westlake (WLK) Partners Resinex to Supply PVC Compounds

Westlake Chemical Partnership (WLKP) is a unique company in the chemicals industry, trading at a discount due to lack of publicity and institutional investors fleeing the asset class. WLKP has a stable earnings agreement with its parent company, providing long-term stable margins and making it an attractive income play. The possibility of future asset drop-downs and decreasing interest rates further contribute to the attractiveness of WLKP as an investment.

Westlake Chemical Partners: Attractive And Overlooked Income Play

Westlake (WLK) develops PIVOTAL to allow customers to maintain application performance while implementing up to 45% post-consumer resin.

Westlake (WLK) Announces Launch of PIVOTAL Product Line

HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) today announced the launch of PIVOTAL™, a line of “one-pellet solutions” for the introduction of post-consumer resin (PCR) into flexible packaging. PIVOTAL™ offers customers a more sustainable material for use in the production of non-FDA applications. Westlake developed PIVOTAL™ to enable customers to maintain the performance levels of their applications while incorporating up to 45% PCR. Rigorous quality control during sourcing and ma.

Westlake Introduces High-Performance PIVOTAL™ Polyethylene Resin with Post-Consumer Content

With the introduction of the new Skytrim line by Westlake (WLK), designers can now achieve aesthetics at reduced costs and improved longevity.

Westlake (WLK) Rebrands Palight Trimboard to Skytrim PVC Line

LyondellBasell Industries

The price per barrel of oil has risen by an astonishing 13.5% during the past month, stemming from a push on both sides of the market equation. The push comes from increasing demand in the United States and China and a tightening output supply on the part of OPEC, who just announced further cuts recently.

Oil Jumps, 2 Plastic Stocks About To Become Value Plays

HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products (USA), Inc. (“Westlake Royal”), a Westlake company (NYSE:WLK), announced today that Palight® Trimboard is now Skytrim™, a sophisticated line of PVC trim options. Skytrim is a complete line of PVC trim options including trimboard & sheets, beadboard, decorative mouldings, post wraps, corners & millwork profiles, and a Cortex® Fastening System. It's made with free-foam PVC that works and cuts like wood, but is also lighter in weig.

Westlake Royal Building Products™ Rebrands Palight® Trimboard to Skytrim™ PVC Line

This is the 76th consecutive quarterly dividend announced by Westlake (WLK) since its initial public offering in August 2004.

Westlake (WLK) Announces 40% Hike in Quarterly Dividend

Westlake Corp. WLK, +0.02%, a manufacturer and supplier of petrochemicals, polymers and fabricated building products, said Monday its board has agreed to raise its quarterly dividend by 40% to 50 cents a share from 35.70 cents previously. The dividend will be payable on Sept.

Westlake raises quarterly dividend by 40% to 50 cents a share

HOUSTON--(BUSINESS WIRE)--The Board of Directors of Westlake Corporation (NYSE: WLK) today declared a regular dividend distribution of 50.00 cents per share for the second quarter of 2023, an increase of approximately 40% from the 35.70 cents per share of the first quarter of 2023. This dividend will be payable on September 12, 2023, to stockholders of record on August 25, 2023. “The significant increase in our dividend reflects the strong cash generative business model as we have continued our.

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