Westlake Corporation (WLK)
Market Cap | 18.35B |
Revenue (ttm) | 12.17B |
Net Income (ttm) | 259.00M |
Shares Out | 128.57M |
EPS (ttm) | 1.99 |
PE Ratio | 71.73 |
Forward PE | 18.79 |
Dividend | $2.00 (1.40%) |
Ex-Dividend Date | May 20, 2024 |
Volume | 501,971 |
Open | 143.28 |
Previous Close | 143.32 |
Day's Range | 141.73 - 144.17 |
52-Week Range | 112.77 - 162.64 |
Beta | 1.26 |
Analysts | Hold |
Price Target | 151.33 (+6.01%) |
Earnings Date | Aug 1, 2024 |
About WLK
Westlake Corporation engages in the manufacture and marketing of performance and essential materials, and housing and infrastructure products in the United States, Canada, Germany, China, Mexico, Brazil, France, Italy, Taiwan, and internationally. The company operates through two segments: Performance and Essential Materials and Housing and Infrastructure Products. The Performance and Essential Materials segment offers ethylene, polyethylene, styrene, chlorinated derivative products, ethylene dichloride, vinyl chloride monomer, polyvinyl chlori... [Read more]
Financial Performance
In 2023, Westlake's revenue was $12.55 billion, a decrease of -20.55% compared to the previous year's $15.79 billion. Earnings were $479.00 million, a decrease of -78.68%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for WLK stock is "Hold." The 12-month stock price forecast is $151.33, which is an increase of 6.01% from the latest price.
News
Olin Among European Union Epoxy Resin Producers Lodging an Anti-Dumping Complaint Against Four Countries
CLAYTON, Mo., July 1, 2024 /PRNewswire/ -- Olin Corporation (NYSE: OLN), as a member of the Ad Hoc Coalition of Epoxy Resin Producers (Coalition), comprised of Olin, Westlake Corporation (NYSE: WLK), ...
Westlake Innovations Invests in Blackhorn Ventures
HOUSTON--(BUSINESS WIRE)--Westlake Innovations, Inc., a subsidiary of Westlake Corporation (NYSE: WLK), today announced the company has invested in the Blackhorn Industrial Impact Fund II. The fund se...
Westlake Royal Building Products™ Introduces Four New Colors to Mid-America® Shutters Line
HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE:WLK), has announced the introduction of four new, on-trend colors to the Mid-America® shutters ...
Westlake Global Compounds Selects FourKites for Real-Time Supply Chain Visibility and Analytics to Enhance Customer Satisfaction
CHICAGO--(BUSINESS WIRE)--Westlake Global Compounds announced a significant enhancement to its logistics and customer service offerings: real-time shipment tracking in collaboration with leading suppl...
Westlake Epoxy Receives EcoVadis Gold Rating
HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) today announced that Westlake Epoxy's European business has been awarded a 2024 Gold Medal from EcoVadis. This award positions Westlake Epoxy...
Westlake Royal Building Products™ to Showcase Be Boundless™ Campaign, Top Industry Trends and New Product Innovations at Pacific Coast Builders Conference (PCBC)
HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (Westlake Royal), a Westlake company (NYSE:WLK), will showcase its Be Boundless™ campaign, top industry trends and new product innovations a...
Westlake Corporation Hosts Housing and Infrastructure Products Teach-In
HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) will host a teach-in today focused on its Housing and Infrastructure Products (“HIP”) businesses beginning at 9:00 AM Eastern Time. The event...
Westlake Royal Building Products™ to Showcase Be Boundless™ Campaign, Top Industry Trends and New Product Innovations at AIA Conference on Architecture & Design 2024 (AIA24)
HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (Westlake Royal), a Westlake company (NYSE:WLK), will showcase its Be Boundless™ campaign, top industry trends and new product innovations a...
Westlake Pipe & Fittings Announces Investment to Manufacture PVCO Pipe
HOUSTON--(BUSINESS WIRE)--Westlake Pipe & Fittings, a division of Westlake Corporation (NYSE: WLK), has announced plans to build a new molecular-oriented polyvinyl chloride (PVCO) pipe plant at its ma...
Westlake Royal Building Products™ Adds Two New Colors to Cedar Renditions™ Aluminum Siding Line
HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE:WLK), has announced the addition of two new colors to the Cedar Renditions™ aluminum siding lin...
Westlake Pipe & Fittings Expands Operations with New Distribution Center in Florida
HOUSTON--(BUSINESS WIRE)--Westlake Pipe & Fittings announces the grand opening of a new distribution center in Lakeland, Florida, a milestone in the company's strategic expansion efforts. The new faci...
Westlake Corporation Declares Quarterly Dividend
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 first quarter of 2024. This dividend w...
Westlake to Showcase Solutions for Enhancing Your Life Every Day® at NPE 2024
HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK), a global manufacturer and supplier of materials and innovative products, will showcase its solutions that enhance your life every day at NPE...
Westlake Water Solutions Reminds About Safety Risks Posed by Improper Pool Chlorination
HOUSTON--(BUSINESS WIRE)--Commercial pools around the country will soon open, ushering in the start of the summer season. In recognition of National Water Safety Month, which began on May 1st, Westlak...
24 Dividend Aristocrats in the stock market with the fastest-growing payouts
At a time when investors expect interest rates to remain high as the Federal Reserve seeks to keep the lid on inflation, dividend stocks may not be dominating the attention of income-seeking investors...
Westlake Corporation Reports First Quarter 2024 Results
HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced first quarter 2024 results. SUMMARY FINANCIAL HIGHLIGHTS (in millions of dollars, except per sh...
Westlake Royal Building Products™ Signs on as the Title Sponsor of the National Association of Home Builders (NAHB) National Home Remodeling Month Initiative in May
HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (Westlake Royal), a Westlake company (NYSE:WLK), announced today that the company has signed on as the title sponsor of this year's Nationa...
Westlake Epoxy Introducing New Lower Yellowing Epoxy Products
HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) announced today that Westlake Epoxy will launch several new lower yellowing epoxy products at the American Coatings Show 2024, to be held in ...
Westlake Announces First Quarter 2024 Earnings Conference Call
HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) will release its first quarter 2024 earnings prior to the market opening on Wednesday, May 1, 2024. The company will host a conference call a...
Westlake to Host Housing & Infrastructure Products-Focused Investor Event
HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) today announced that it will host an investor event focused on its Housing & Infrastructure Products (“HIP”) businesses on Thursday, June 13,...
DaVinci Roofscapes® Launches “FRESH Colors for Homes with Brick or Stone” E-book
HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (Westlake Royal), a Westlake company (NYSE:WLK), has re-introduced DaVinci® Roofscapes' online e-book providing expert insights to homeowner...
Westlake Royal Building Products™ Showcases DaVinci Roofscapes® Composite Products at 2024 International Builders' Show (IBS)
HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (Westlake Royal), a Westlake company (NYSE:WLK), showcases its DaVinci Roofscapes® line of premium composite slate and shake roof tiles at t...
Westlake Royal Building Products™ Introduces Royal™ Knock Down Column Wraps for Easy, Affordable Curb Appeal
HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE:WLK), is pleased to introduce its Royal™ Knock Down Column Wraps, an easy-to-install and cost-e...
Westlake Royal Building Products™ Launches Royal™ WoodTone Styles
HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE:WLK), announced today the launch of Royal™ WoodTone Styles, blending rich wood looks with the r...
Westlake Royal Building Products™ Announces 2024 Industry Trends at 2024 International Builders' Show
LAS VEGAS--(BUSINESS WIRE)--Westlake Royal Building Products™ (Westlake Royal), a Westlake company (NYSE:WLK), is showcasing three industry trends during the 2024 NAHB International Builders' Show® (I...