Westlake Corporation (WLK)

NYSE: WLK · IEX Real-Time Price · USD
142.75
-0.57 (-0.40%)
Jul 2, 2024, 4:00 PM EDT - Market closed
-0.40%
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]

Sector Materials
IPO Date Aug 11, 2004
Employees 15,520
Stock Exchange NYSE
Ticker Symbol WLK
Full Company Profile

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 Statements

Analyst 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.

Price Target
$151.33
(6.01% upside)
Analyst Consensus: Hold
Stock Forecasts

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), ...

Other symbols: OLN
1 day ago - PRNewsWire

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...

5 days ago - Business Wire

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 ...

7 days ago - Business Wire

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...

12 days ago - Business Wire

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...

12 days ago - Business Wire

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...

14 days ago - Business Wire

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...

19 days ago - Business Wire

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...

4 weeks ago - Business Wire

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...

5 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

Other symbols: ABTADIADPAFGAFLBBYBMI
2 months ago - Market Watch

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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 ...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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,...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire