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Westlake Chemical Corporation (WLK)

NYSE: WLK · Delayed Price · USD
85.65 -1.10 (-1.27%)
Sep 17, 2021 4:00 PM EDT - Market closed
Market Cap10.98B
Revenue (ttm)9.08B
Net Income (ttm)934.00M
Shares Out128.14M
EPS (ttm)7.24
PE Ratio11.83
Forward PE8.65
Dividend$1.08 (1.26%)
Ex-Dividend DateAug 23, 2021
Volume1,942,376
Open86.00
Previous Close86.75
Day's Range83.41 - 86.65
52-Week Range58.96 - 106.08
Beta1.46
AnalystsBuy
Price Target105.50 (+23.2%)
Est. Earnings DateNov 2, 2021

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,...

IndustryChemicals
IPO DateAug 11, 2004
CEOAlbert Chao
Employees9,220
Stock ExchangeNYSE
Ticker SymbolWLK
Full Company Profile

Financial Performance

In 2020, WLK's revenue was $7.50 billion, a decrease of -7.56% compared to the previous year's $8.12 billion. Earnings were $330.00 million, a decrease of -21.62%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for WLK stock is "Buy." The 12-month stock price forecast is 105.50, which is an increase of 23.18% from the latest price.

Price Target
$105.50
(23.18% upside)
Analyst Consensus: Buy

News

New Strong Buy Stocks for September 17th

CMC, NETI, RS, WLK, and SALM have been added to the Zacks Rank #1 (Strong Buy) List on September 17, 2021.

Other symbols:CMCNETIRSSALM
2 days ago - Zacks Investment Research

Top Ranked Growth Stocks to Buy for September 17th

WLK, COLM, HCKT, and CRAI made it to the Zacks Rank #1 (Strong Buy) growth stocks list on September 17, 2021.

Other symbols:COLMCRAIHCKT
2 days ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for September 17th

SALM, CVLG, WLK, and TGH made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 17, 2021.

Other symbols:CVLGSALMTGH
2 days ago - Zacks Investment Research

Top Ranked Growth Stocks to Buy for September 15th

WLK, TPX, TGLS, and M made it to the Zacks Rank #1 (Strong Buy) growth stocks list on September 15, 2021.

Other symbols:MTGLSTPX
4 days ago - Zacks Investment Research

Westlake Contributes $250,000 to the Hurricane Ida Relief Fund

HOUSTON--(BUSINESS WIRE)--Westlake (NYSE: WLK) today announced it has contributed $250,000 to the Capital Area United Way's Hurricane Ida Relief Fund in Baton Rouge

4 days ago - Business Wire

Westlake (WLK) Wraps Up Dimex Buyout, Aims for Sustainability

Westlake (WLK) completes the takeover of Dimex. The transaction is expected to bolster its portfolio of sustainable products and work toward its goal of a circular economy.

5 days ago - Zacks Investment Research

Grey Mountain Partners Sells Dimex LLC

BOULDER, Colo.--(BUSINESS WIRE)--Grey Mountain Partners (“Grey Mountain”) has sold Dimex LLC (“Dimex” or the “Company”) to Westlake Chemical Corporation (NYSE: WLK) (“Westlake”).

6 days ago - Business Wire

Royal® Building Products Becomes Title Sponsor of National Association of Home Builders (NAHB) Remodeling Index (RMI)

COLUMBUS, Ohio--(BUSINESS WIRE)--Royal® Building Products, a Westlake company, announced that the company is now the title sponsor of the National Association of Home Builders (NAHB) Remodeling Index (R...

6 days ago - Business Wire

Insiders Buy at Terminex, Westlake

Ever have a problem with mice or termites in your house? If so, there's a decent chance you called Terminex.

Other symbols:TMX
6 days ago - GuruFocus

Westlake Completes Acquisition of Dimex

HOUSTON--(BUSINESS WIRE)--Westlake Chemical Corporation (NYSE: WLK) today announced that it has completed the acquisition of Dimex LLC, from Grey Mountain Partners, a private equity firm. “The acquisiti...

1 week ago - Business Wire

7 Finest PEG Stocks for GARP Investors

Here are the stocks, ACI, WLK, OLN, BCC, SNDR, FLEX, and CAR that qualify the screening.

Other symbols:ACIBCCCARFLEXOLNSNDR
1 week ago - Zacks Investment Research

Westlake Chemical Partners Lp Ranked Among Today's Top Buys Amid Growing Delta Variant Concerns

Markets are starting the post-Labor Day week on the wrong foot, as the Dow and the S&P fell into the red. Make the most of this market with today's Top Buys from Q.ai's artificial intelligence.

1 week ago - Forbes

Top Ranked Growth Stocks to Buy for September 3rd

GIL, WLK, AN, and MXL made it to the Zacks Rank #1 (Strong Buy) growth stocks list on September 3, 2021.

Other symbols:ANGILMXL
2 weeks ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for September 3rd

AAWW, SUN, TPH, and WLK made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 3, 2021.

Other symbols:AAWWSUNTPH
2 weeks ago - Zacks Investment Research

Westlake (WLK) Up 9.2% Since Last Earnings Report: Can It Continue?

Westlake (WLK) reported earnings 30 days ago. What's next for the stock?

2 weeks ago - Zacks Investment Research

Westlake Chemical Corporation Issues Statement on Hurricane Ida

HOUSTON--(BUSINESS WIRE)--Westlake Chemical Corporation (NYSE: WLK) today issued a statement regarding Hurricane Ida, which made landfall near its plants in Louisiana and Mississippi. Westlake's primary...

2 weeks ago - Business Wire

Westlake Chemical Partners Lp Among Today's Top Buys As August Trading Comes To A Close

Stocks were little changed today, with the Dow down 21 points, or less than 0.1%, while both the S&P and Nasdaq were flat. Find opportunities in today's market with the Top Buys from Q.ai's deep learnin...

2 weeks ago - Forbes

Top Ranked Growth Stocks to Buy for August 26th

GIL, WLK, ACI, and CRAI made it to the Zacks Rank #1 (Strong Buy) growth stocks list on August 26, 2021

Other symbols:ACICRAIGIL
3 weeks ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for August 26th

CVLG, TPH, WLK, and OLN made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 26, 2021.

Other symbols:CVLGOLNTPH
3 weeks ago - Zacks Investment Research

US Chemical Output Up in July on Continued Post-Storm Rebound

The July reading showed higher production on a monthly comparison basis across all regions, reflecting sustained demand for chemical products.

Other symbols:ASIXAVNTCCOLN
3 weeks ago - Zacks Investment Research

Westlake Chemical's (WLK) Unit Wraps Up Buyout of LASCO Fittings

Westlake Chemical's (WLK) subsidiary, NAPCO's buyout of LASCO Fittings will expand its existing product portfolio.

4 weeks ago - Zacks Investment Research

NAPCO Pipe & Fittings Announces Completion of Acquisition of LASCO Fittings

HOUSTON--(BUSINESS WIRE)--North American Pipe Corporation (NAPCO), a subsidiary of Westlake Chemical Corporation (NYSE: WLK), today announced that it acquired LASCO Fittings LLC, a Brownsville, Tennesse...

1 month ago - Business Wire

Westlake Chemical (WLK) is a Top-Ranked Value Stock: Should You Buy?

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

1 month ago - Zacks Investment Research

Here's Why You Should Add Westlake (WLK) to Your Portfolio

Westlake Chemical (WLK) benefits from strong demand for polyethylene and PVC resin and higher product prices.

1 month ago - Zacks Investment Research

Westlake Chemical (WLK) Declares 10% Hike in Quarterly Dividend

Westlake Chemical (WLK) increases its dividend by 10.2% to 29.75 cents per share.

1 month ago - Zacks Investment Research