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 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Westlake Chemical reports record 2022 earnings amidst market challenges

Westlake Chemical's 2022 performance reflects record net income and operational efficiencies amidst challenging market conditions.
The company's strategic initiatives, strong balance sheet, and focus on sustainability and innovation position it for future growth.
While facing challenges like geopolitical conflicts and competitive pressures, Westlake remains optimistic about growth opportunities in key business segments.
Overall, Westlake's financial resilience, customer alignment, and market positioning bode well for its strategic growth trajectory and value creation.

Westlake Chemical reports robust Q1 earnings amidst market challenges

Westlake Chemical delivered strong financial results in Q1 2023, with a focus on cost savings and strategic sales mix improvements.
Challenges include segment-specific EBITDA declines and market uncertainties related to caustic and oil prices.
The company remains cautiously optimistic about economic conditions and sees opportunities for growth in PVC and epoxy segments.

Westlake Chemical reports solid Q2 results amidst market challenges

Westlake Chemical's Q2 2023 performance reflects a mix of challenges and strengths across segments.
Cost reduction efforts and strong demand in certain segments provide opportunities for growth.
Despite market fluctuations, the company remains optimistic about its long-term growth prospects.
Strategic positioning in key markets like PVC and infrastructure products bodes well for future performance.

Westlake Chemical reports robust Q3 results amidst market challenges

Westlake Chemical (WLK) delivered strong financial performance in Q3 2023.
HIP segment outperformed with record EBITDA, while PIMS segment faced pricing pressure.
Challenges include margin pressures, overcapacity in epoxy market, and caustic soda price declines.
Opportunities lie in ECU pricing, PVC industry demand, and long-term epoxy market potential.

Westlake Chemical reports solid Q4 earnings amidst pricing challenges

Westlake Chemical's Q4 performance showed resilience with strong income and EBITDA figures.
Integration across key business segments and focus on cost savings present strategic advantages.
Challenges in pricing and profitability require attention, but opportunities in M&A and export trends offer growth potential.
Overall, Westlake's financial position and operational strategies position it well for future success.

Westlake Chemical reports strong Q1 results amidst strategic challenges

Westlake Chemical (WLK) delivered a strong performance in Q1 2024, driven by robust results in the HIP segment and cost reduction initiatives.
While facing challenges in the PEM segment and epoxy business, the company remains proactive in addressing issues and optimizing performance.
Management's focus on long-term growth, strategic initiatives, and market opportunities positions Westlake Chemical for continued success in 2024.

Westlake Chemical reports record earnings, eyes growth amid economic challenges

Westlake Chemical delivered strong financial results in Q2 2024, driven by the HIP segment's performance and strategic initiatives. Despite challenges like weather and economic conditions, the company remains optimistic about future growth opportunities and is focused on enhancing shareholder value.

Westlake Chemical reports solid Q3 earnings amidst operational challenges

Westlake Chemical delivered solid financial results in Q3 2024, supported by cost-saving initiatives and a strong balance sheet.
Operational challenges in sales volumes and strategic decisions impacting expenses were notable during the quarter.
Despite challenges, the company remains well-positioned to capitalize on opportunities and drive long-term growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

DuPont de Nemours

Eastman Chemical

Strong end-market demand and benefits of self-help actions are likely to reflect on the Q2 performance of Westlake (WLK), DuPont (DD) and Eastman Chemical (EMN).

3 Chemical Stocks Likely to Outshine Q2 Earnings Estimates

Westlake Chemical's (WLK) Q2 performance is likely to have benefited from higher demand for polyethylene and PVC resin.

Westlake Chemical (WLK) to Post Q2 Earnings: What's in Store?

Covenant Logistics Group Inc

Camping World Hlds

KB Home

CWH, KBH, CVLG, and WLK made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 27, 2021

Top Ranked Value Stocks to Buy for July 27th

Westlake Chemical (WLK) has been struggling lately, but the selling pressure may be coming to an end soon.

Westlake Chemical (WLK) Sees Hammer Chart Pattern: Time to Buy?

HOUSTON--(BUSINESS WIRE)--Westlake Chemical Corporation (NYSE: WLK) will release its second quarter earnings for 2021 prior to the market opening on Tuesday, August 3, 2021. 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 call, dial (855) 760-8160, or (704) 288-0624 for international callers, approximately 10 minutes prior to the scheduled start time and reference passcode 4594

Westlake Chemical Announces Second Quarter Earnings for 2021 Conference Call

Dow Inc

LyondellBasell Industries

Olin

Westlake Chemical Partners LP

The risk-reward balance may be unfavorable for chemical stocks heading into second-quarter earnings season, and one analyst adjusted his chemical stock ratings accordingly on Friday. The Analyst: Bank of America analyst Steve Byrne issued the following chemical stock upgrades and downgrades:

5 Chemical Stocks Get Mixed Reaction: Which Ones Got An Upgrade Or Downgrade?

Pampa Energia

360 Finance Inc - ADR

QFIN, PAM, DOW, and WLK made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 15, 2021.

Top Ranked Value Stocks to Buy for July 15th

Group 1 Automotive

Northrim BanCorp

Winnebago

Top Ranked Value Stocks to Buy for July 9th

BASF SE

Cabot

Univar

Global chemical output rose 0.4% in May on higher production across North America, Europe, and Africa and the Middle East.

Global Chemical Production Rebounds in May as Activities Recover

Covestro AG

Trinseo PLC

3 Stocks to Buy From the Rebounding Chemical Plastics Industry

Westlake's (WLK) subsidiary, NAPCO, announces acquisition of LASCO Fittings to leverage the latter's multi-market expertise in the expansion of its own product mix and market outreach.

Westlake's (WLK) Unit Acquires LASCO Fittings to Expand Footprint

Lennar

Textainer Group Holdings Limited

Top Ranked Value Stocks to Buy for July 7th

HOUSTON--(BUSINESS WIRE)--North American Pipe Corporation (NAPCO), a subsidiary of Westlake Chemical Corporation (NYSE: WLK), today announced that it will acquire LASCO Fittings, Inc., a Brownsville, Tennessee-based, leading designer, engineer and manufacturer of injected-molded PVC fittings from Aalberts, NV. “We are pleased to announce this acquisition,” said Andre Battistin, vice president, NAPCO Pipe & Fittings. “By adding LASCO Fittings to our product mix, NAPCO will expand into additi

NAPCO Pipe & Fittings Announces Acquisition of LASCO Fittings, Inc.

Westlake Chemical (WLK) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

How Westlake Chemical (WLK) Stock Stands Out in a Strong Industry

Westlake (WLK) announces the takeover of Boral's North American building products business, which is expected to bolster its reach in the regional housing-products market.

Westlake (WLK) to Acquire Boral's Building Products Unit

HOUSTON--(BUSINESS WIRE)--Westlake Chemical Corporation (NYSE: WLK) today announced that it has entered into a definitive agreement with Boral Industries Inc., a wholly owned subsidiary of Boral Limited (ASX: BLD), under which Westlake will acquire Boral's North American building products businesses in roofing; siding, trim and shutters; decorative stone; and windows for $2.15 billion in an all-cash transaction. The proposed transaction has been unanimously approved by the boards of directors o

Westlake Significantly Expands its Presence in the Growing North American Home Construction Materials Markets by Acquiring Boral's North American Building Products Businesses

HOUSTON--(BUSINESS WIRE)--The Water Treatment division of Westlake Chemical Corporation (NYSE: WLK), manufacturer of the Accu-Tab® chlorination and CleanSlate® dichlorination systems, today published a new case history outlining the key roles its water treatment systems perform within a recently upgraded wastewater processing plant in Southwestern Pennsylvania. Close to $50 million was invested by the borough in new construction and retrofits to the Combined Sewer Overflow (CSO) complex located

Westlake Water Treatment Systems Help Pennsylvania Borough Meet U.S. Clean Water Act

Solid Q1 results and upbeat prospects stemming from strong demand for polyethylene and PVC resin have contributed to the run-up in Westlake Chemical's (WLK) shares.

Westlake Chemical (WLK) Stock Up 23% in 6 Months: Here's Why

Does Westlake Chemical (WLK) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Westlake Chemical (WLK) a Strong Momentum Stock: Buy Now?

Chemours

A strong revival in industrial demand and strengthening manufacturing activities are driving the upturn in the chemical industry. DOW, OLN, UNVR, WLK and CC are good options for investment right now.

Strong Demand, Manufacturing Upswing Buoy Chemicals: 5 Top Picks

Westlake (WLK) reported earnings 30 days ago. What's next for the stock?

Westlake (WLK) Up 2.3% Since Last Earnings Report: Can It Continue?

Westlake Chemical (WLK) benefits from strong demand for polyethylene and PVC resin.

Here's Why You Should Buy Westlake Chemical (WLK) Right Now

CF Industries Holdings

Dick's Sporting Goods

Guess?

SilverBow Resources

CF Industries (CF), SilverBow Resources (SBOW), Guess? (GES), Westlake Chemical (WLK) and DICK'S Sporting Goods (DKS) are five stocks with explosive relative price strength.

These 5 Stocks Are Smart Bets on Relative Price Strength

Forecast-topping first-quarter results and upbeat outlook have contributed to the gain in Westlake Chemical's (WLK) shares.

Westlake Chemical (WLK) Stock Up 18% in 3 Months: Here's Why

AutoNation

Academy Sports and Outdoors

PetroChina Company Ltd.

Sanmina-SCI

Santander Consumer USA Hlds

While P/E alone gives an idea of stocks that are trading at a discount, PEG helps to identify stocks with solid potential. The stocks that qualify the screening include SC, PTR, AN, ASO, DVA, WLK, and SANM.

News for Westlake Chemical Stock (WLK)