Westlake Corporation (WLK)
Market Cap | 16.46B |
Revenue (ttm) | 12.13B |
Net Income (ttm) | 97.00M |
Shares Out | 128.71M |
EPS (ttm) | 0.74 |
PE Ratio | 171.73 |
Forward PE | 17.06 |
Dividend | $2.10 (1.64%) |
Ex-Dividend Date | Aug 20, 2024 |
Volume | 272,309 |
Open | 126.62 |
Previous Close | 126.95 |
Day's Range | 126.12 - 128.06 |
52-Week Range | 118.64 - 162.64 |
Beta | 1.19 |
Analysts | Hold |
Price Target | 161.09 (+25.94%) |
Earnings Date | Nov 5, 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 $476.00 million, a decrease of -78.70%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for WLK stock is "Hold." The 12-month stock price forecast is $161.09, which is an increase of 25.94% from the latest price.
News
Westlake Corporation Declares Quarterly Dividend
HOUSTON--(BUSINESS WIRE)--The Board of Directors of Westlake Corporation (NYSE: WLK) today declared a regular dividend distribution of $0.525 per share for the third quarter of 2024. This dividend wil...
Westlake Royal Building Products™ Expands Partnership with Alexandria Moulding for Versetta Stone® Distribution
HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE:WLK), today announced an expanded partnership with Alexandria Moulding, a leading moulding manu...
Westlake Corporation (WLK) Q3 2024 Earnings Call Transcript
Westlake Corporation (NYSE:WLK) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants John Zoeller - Vice President and Treasurer Albert Chao - Executive Chairman Jean-Ma...
Westlake Corporation Reports Third Quarter 2024 Results
HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced third quarter 2024 results. SUMMARY FINANCIAL HIGHLIGHTS (in millions of dollars, except per sh...
Westlake Chemical Partners: A Value Investor's Dream With Superb Dividend
WLKP's primary business revolves around its long-term Ethylene Sales Agreement with Westlake Corporation, which guarantees that Westlake purchases 95% of WLKP's ethylene production at a fixed margin. ...
Westlake Royal Building Products™ Bolsters Newpoint™ Concrete Roof Tile Operations, Capacity in Florida to Meet Regional Demand
HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (Westlake Royal), a Westlake company (NYSE:WLK), has announced a strategic investment initiative to enhance operations and capacity of Newpo...
Top 3 Materials Stocks That May Explode In October
The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
Westlake Epoxy Joins B4 Consortium in Western North Brabant
BERGEN OP ZOOM, Netherlands--(BUSINESS WIRE)--Over the next three years, 11 partners in West-North Brabant, led by TNO, will be working together to make green building blocks with local tree and plant...
Westlake Announces Third Quarter 2024 Earnings Conference Call
HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) will release its third quarter 2024 earnings prior to the market opening on Tuesday, November 5, 2024. The company will host a conference cal...
Westlake Global Compounds Sites Receive Silver Medal from EcoVadis
HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) today announced that Westlake Global Compounds businesses and operating sites outside of the U.S. - Westlake Compounds Holdings, S.A.S. - hav...
This Cisco Analyst Turns Bullish; Here Are Top 5 Upgrades For Wednesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Versetta Stone® from Westlake Royal Building Products™ Selected as a Good Housekeeping 2025 Home Reno Award Winner
HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (Westlake Royal), a Westlake company (NYSE:WLK), announced today that Versetta Stone® was named a winner in Good Housekeeping's 2025 Home Re...
Houston Methodist and Westlake Launch Pilot Program to Recycle PVC Materials
HOUSTON--(BUSINESS WIRE)--Westlake Global Compounds and Westlake Dimex, business units of Westlake Corporation (NYSE: WLK), today announced the launch of “Choose Pink,” a pilot polyvinyl chloride (PVC...
Westlake Royal Building Products™ Releases The Trends Report: The Best in Home Design
HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (Westlake Royal), a Westlake company (NYSE:WLK), has unveiled its Trends Report: The Best In Home Design, offering a comprehensive look at t...
Federman & Sherwood Investigates Florida Memorial University (“FMU”) for Data Breach
OKLAHOMA CITY--(BUSINESS WIRE)-- #FMU--Federman & Sherwood Investigates Florida Memorial University (“FMU”) for Data Breach.
Federman & Sherwood Investigates Student Transportation of America for Data Breach
OKLAHOMA CITY--(BUSINESS WIRE)-- #FedermanSherwood--Federman & Sherwood Investigates Student Transportation of America for Data Breach.
Westlake Corporation (WLK) Q2 2024 Earnings Call Transcript
Westlake Corporation (NYSE:WLK) Q2 2024 Results Conference Call August 6, 2024 11:00 AM ET Company Participants Johnathan Zoeller - VP and Treasurer Albert Chao - Executive Chairman Jean-Marc Gilson ...
Westlake Corporation Reports Second Quarter 2024 Results
HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced second quarter 2024 results. SUMMARY FINANCIAL HIGHLIGHTS (in millions of dollars, except per s...
MMI Completes World's First Robotic Preclinical Study in Neurosurgery with Symani® Surgical System
JACKSONVILLE, Fla.--(BUSINESS WIRE)--MMI (Medical Microinstruments, Inc.), a robotics company dedicated to increasing treatment options and improving clinical outcomes for patients with complex condit...
DaVinci® Roofscapes Launches “FRESH Colors: Color Schemes for Your Home Exteriors” E-book for National Curb Appeal Month
HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™, a Westlake company (NYSE:WLK), has re-introduced DaVinci® Roofscapes' online e-book, providing expert insights to homeowners with a variety...
Westlake Announces Second Quarter 2024 Earnings Conference Call
HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) will release its second quarter 2024 earnings prior to the market opening on Tuesday, August 6, 2024. The company will host a conference call...
Westlake Implements Succession Plan
HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) (the “Company” or “Westlake”) today announced that Jean-Marc Gilson, who most recently served as President and Chief Executive Officer of Mit...
Predictive Analytics Company Forwrd.ai Acquires LoudnClear.ai to Empower RevOps Teams with Advanced Data Science Platform
NEW YORK--(BUSINESS WIRE)--Forwrd.ai, pioneering data-science automation platform tailored for RevOps leaders, announced today that the company acquired LoudnClear.ai to broaden its product offering o...
Another Dividend Hike Season On Tap: 5 Stocks To Watch
Five growth companies are about to hike their dividends. Let's front run these payout moves.
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), ...