Westlake Chemical Corporation (WLK)
| Market Cap | 12.63B |
| Revenue (ttm) | 10.24B |
| Net Income (ttm) | 1.48B |
| Shares Out | 127.82M |
| EPS (ttm) | 11.48 |
| PE Ratio | 8.61 |
| Forward PE | 9.39 |
| Dividend | $1.14 (1.15%) |
| Ex-Dividend Date | Nov 22, 2021 |
| Volume | 637,363 |
| Open | 96.29 |
| Previous Close | 98.52 |
| Day's Range | 94.24 - 99.74 |
| 52-Week Range | 74.42 - 109.01 |
| Beta | 1.38 |
| Analysts | Buy |
| Price Target | 121.00 (+22.4%) |
| Earnings Date | Feb 21, 2022 |
About WLK
Westlake Chemical Corporation, together with its subsidiaries, manufactures and markets basic chemicals, vinyls, polymers, and building products worldwide. It operates through two segments, Vinyls and Olefins. The Vinyls segment provides specialty and commodity polyvinyl chloride (PVC), vinyl chloride monomers, ethylene dichloride, chlorine, caustic soda, chlorinated derivative, and ethylene products. This segment also manufactures and sells PVC compounds and building products fabricated from PVC, including residential siding, trim and molding,...
Financial Performance
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for WLK stock is "Buy." The 12-month stock price forecast is 121.00, which is an increase of 22.42% from the latest price.
News
Can Westlake (WLK) Keep the Earnings Surprise Streak Alive?
Westlake (WLK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Best Growth Stocks to Buy for January 24th
WLK, PFE, and M made it to the Zacks Rank #1 (Strong Buy) growth stocks list on January 24, 2022
Westlake (WLK) Upgraded to Strong Buy: Here's What You Should Know
Westlake (WLK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Best Momentum Stocks to Buy for January 20th
WLK and GGB made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 20, 2022
Best Value Stocks to Buy for January 20th
WLK, CPG, and LOMA made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 20, 2022
Westlake (WLK) Soars to 52-Week High, Time to Cash Out?
Westlake (WLK) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Has Westlake Chemical (WLK) Outpaced Other Basic Materials Stocks This Year?
Here is how Westlake Chemical (WLK) and United States Steel (X) have performed compared to their sector so far this year.
Here's Why You Should Buy Westlake (WLK) Stock Right Now
Westlake (WLK) benefits from strong demand for its products on continued global economic expansion, higher pricing and synergies of acquisitions.
Best Value Stocks to Buy for January 4th
WLK, ABG, and STC made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 4, 2022
Hexion Holdings to be Acquired by American Securities
COLUMBUS, Ohio--(BUSINESS WIRE)--Hexion Holdings Corporation (“Hexion Holdings” or the “Company”) today announced that it has entered into a definitive agreement to be acquired by affiliates of American...
Westlake (WLK) Arm NAPCO Launches Molecular-Based PVC Pipe
Westlake's (WLK) subsidiary, NAPCO, launches a breakthrough molecular PVC pipe to lower carbon footprint and offer innovation.
Is Westlake (WLK) Stock a Solid Choice Right Now?
Westlake (WLK) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Westlake's NAPCO Pipe & Fittings Introduces High-Performance Molecular-Oriented PVC C909 Pipe
HOUSTON--(BUSINESS WIRE)--North American Pipe Corporation (NAPCO), a subsidiary of Westlake Chemical Corporation (NYSE: WLK), today announced the launch of a new product, molecular oriented PVC (PVCO) p...
Ida Pulls Down US Chemical Output as Supply Chain Woes Linger
The October reading showed lower production on a monthly comparison basis across all regions barring Northeast, reflecting the lingering impacts of Hurricane Ida and supply chain disruptions.
5 Momentum Picks for December Amid Virus and Fed Uncertainty
We have narrowed our search to five large-cap momentum stocks that have strong upside left for the rest of 2021. These are WLK, DVN, CVX, CBRE and EXPD.
Why Is Westlake (WLK) Down 11% Since Last Earnings Report?
Westlake (WLK) reported earnings 30 days ago. What's next for the stock?
Westlake (WLK) to Buy Hexion's Epoxy Business for $1.2 Billion
Westlake (WLK) agrees to acquire Hexion's Rotterdam-based epoxy business to integrate and expand its portfolios.
Top 5 Picks to Gain From Wall Street's Omicron-Relief Rally
We have applied our VGM Style Score to narrow the search to the five stocks that have strong growth potential for the rest of 2021. These are: XOM, DVN, BLDR, CAR and WLK.
Hexion Holdings Announces Agreement to Sell Epoxy Businesses to Westlake Chemical
COLUMBUS, Ohio--(BUSINESS WIRE)--Hexion Holdings Corporation (“Hexion” or the “Company”) today announced that as a result of its ongoing strategic review it has entered into a definitive agreement to se...
Westlake Chemical buys Hexion Epoxy for $1.2 billion
Westlake Chemical Corp. WLK, +2.07% on Wednesday said it agreed to buy Hexion Inc.'s global epoxy business for about $1.2 billion. The Rotterdam, Netherlands business rang up $1.5 billion sales in the 1...
Westlake to Acquire Hexion's Global Epoxy Business
HOUSTON--(BUSINESS WIRE)--Westlake Chemical Corporation (NYSE: WLK), today announced that it has entered into a definitive agreement with Hexion Inc. to acquire Hexion's global epoxy business for approx...
Powell's Renomination Confirms Fed Policy Continuity: 5 Picks
We have selected five stocks that have strong growth potential for the rest of 2021. These are Dow, PSX, BLDR, WLK and CAR.
Westlake's (WLK) Vinnolit Launches Low-Carbon GreenVin PVC
Westlake's (WLK) subsidiary, Vinnolit, brings a low-carbon PVC alternative to the market to contribute to sustainability efforts.
Westlake's Vinnolit Introduces New Lower-Carbon GreenVin PVC
HOUSTON--(BUSINESS WIRE)--Westlake Chemical Corporation (NYSE: WLK) today announced its Vinnolit subsidiary in Germany launched GreenVin™ Polyvinyl Chloride (PVC), a lower-carbon alternative PVC, which ...
2 Stocks to Buy From the Promising Chemical Plastics Industry
An upswing in demand in major markets on a global economic rebound should help the Zacks Chemicals Plastics industry to thrive. Westlake (WLK) and Covestro (COVTY) are poised to gain from the favorable ...