Westlake Corporation (WLK)
Market Cap | 19.53B |
Revenue (ttm) | 12.55B |
Net Income (ttm) | 479.00M |
Shares Out | 128.22M |
EPS (ttm) | 3.70 |
PE Ratio | 41.30 |
Forward PE | 21.46 |
Dividend | $2.00 (1.31%) |
Ex-Dividend Date | Feb 27, 2024 |
Volume | 454,000 |
Open | 152.59 |
Previous Close | 152.35 |
Day's Range | 151.55 - 153.30 |
52-Week Range | 103.28 - 153.14 |
Beta | 1.30 |
Analysts | Hold |
Price Target | 134.91 (-11.71%) |
Earnings Date | May 2, 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 13 analysts, the average rating for WLK stock is "Hold." The 12-month stock price forecast is $134.91, which is a decrease of -11.71% from the latest price.
News
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...
Westlake Epoxy Receives ISCC PLUS Certification at its Duisburg, Germany Site
HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) announced today that its Westlake Epoxy Duisburg, Germany manufacturing site has received the International Sustainability & Carbon Plus (ISC...
Westlake Royal Building Products™ to Unveil New Roofing Launches, Feature Durable and Efficient Roofing Lines at International Builders' Show
HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (Westlake Royal), a Westlake company (NYSE:WLK), a leader in efficient and durable roofing systems and components, will exhibit its energy-e...
Westlake Royal Building Products™ to Showcase Be Boundless™ Campaign, Top Industry Trends and New Product Innovations at 2024 International Builders' Show
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 Reports Fourth Quarter and Full Year 2023 Results
HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced fourth quarter and full year 2023 results. SUMMARY FINANCIAL HIGHLIGHTS ($ in millions except p...
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 fourth quarter of 2024. This dividend ...
Westlake Announces Fourth Quarter and Full Year Earnings for 2023 Conference Call
HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) will release its fourth quarter and full year 2023 earnings prior to the market opening on Tuesday, February 20, 2024. The company will host ...
Unified Steel™ Introduces New Material List Generator at International Roofing Expo
HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE: WLK), introduced today an all new Material List Generator exclusively for Unified Steel™, a pr...
Westlake Royal Building Products™ to Host Versetta Stone Installation Demonstration at The Buildings Show
WOODBRIDGE, Ontario--(BUSINESS WIRE)--Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE:WLK), will exhibit at The Buildings Show 2023, taking place November 29 to December...
Westlake Royal Building Products™ Announces Expanded Partnership with SBP-owned U.S. LUMBER and Amerhart
HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE:WLK), today announced an expanded partnership with U.S. LUMBER and Amerhart, which are both Spe...
Westlake Corporation Reports Third Quarter 2023 Results
HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced third quarter 2023 results. SUMMARY FINANCIAL HIGHLIGHTS ($ in millions except per share data) ...
Westlake Releases 2022 Environmental, Social and Governance Report
HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) today released its 2022 Environmental, Social and Governance (ESG) report, which marks the company's sixth annual update on sustainability ad...
Westlake Royal Window Solutions™ Offers an Array of Options to Meet New ENERGY STAR® 7.0 Efficiency Standards
HOUSTON--(BUSINESS WIRE)--New requirements for ENERGY STAR®-rated windows go into effect October 23, 2023, and Westlake Royal Window Solutions (Westlake Royal Windows), a Westlake company (NYSE:WLK), ...
Westlake Announces Third Quarter 2023 Earnings Conference Call
HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) will release its third quarter 2023 earnings prior to the market opening on Thursday, November 2, 2023. The company will host a conference ca...
Zuri™ Premium Decking From Westlake Royal Building Products™ Named a Winner in Good Housekeeping's 2023 Home Renovation Awards
HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE:WLK), announced today that Zuri™ Premium Decking was named as a winner in Good Housekeeping's 2...
Westlake Introduces High-Performance PIVOTAL™ Polyethylene Resin with Post-Consumer Content
HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) today announced the launch of PIVOTAL™, a line of “one-pellet solutions” for the introduction of post-consumer resin (PCR) into flexible pack...
Westlake Royal Building Products™ Rebrands Palight® Trimboard to Skytrim™ PVC Line
HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products (USA), Inc. (“Westlake Royal”), a Westlake company (NYSE:WLK), announced today that Palight® Trimboard is now Skytrim™, a sophisticated line ...
Westlake raises quarterly dividend by 40% to 50 cents a share
Westlake Corp. WLK, +0.02%, a manufacturer and supplier of petrochemicals, polymers and fabricated building products, said Monday its board has agreed to raise its quarterly dividend by 40% to 50 cent...
Westlake Announces 40% Increase in Quarterly Dividend
HOUSTON--(BUSINESS WIRE)--The Board of Directors of Westlake Corporation (NYSE: WLK) today declared a regular dividend distribution of 50.00 cents per share for the second quarter of 2023, an increase...
Westlake Corporation Reports Second Quarter 2023 Results
HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced second quarter 2023 results. SUMMARY FINANCIAL HIGHLIGHTS ($ in millions except per share data)...