Westlake Chemical Corporation (WLK)
| Market Cap | 10.98B |
| Revenue (ttm) | 9.08B |
| Net Income (ttm) | 934.00M |
| Shares Out | 128.14M |
| EPS (ttm) | 7.24 |
| PE Ratio | 11.83 |
| Forward PE | 8.65 |
| Dividend | $1.08 (1.26%) |
| Ex-Dividend Date | Aug 23, 2021 |
| Volume | 1,942,376 |
| Open | 86.00 |
| Previous Close | 86.75 |
| Day's Range | 83.41 - 86.65 |
| 52-Week Range | 58.96 - 106.08 |
| Beta | 1.46 |
| Analysts | Buy |
| Price Target | 105.50 (+23.2%) |
| Est. Earnings Date | Nov 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,...
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 StatementsAnalyst 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.
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.
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.
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.
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.
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
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.
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”).
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...
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.
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...
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.
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.
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.
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?
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...
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...
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
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.
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.
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.
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...
Westlake Chemical (WLK) is a Top-Ranked Value Stock: Should You Buy?
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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.
Westlake Chemical (WLK) Declares 10% Hike in Quarterly Dividend
Westlake Chemical (WLK) increases its dividend by 10.2% to 29.75 cents per share.