Westlake Chemical Corporation (WLK)

NYSE: WLK · IEX Real-Time Price · USD
98.84 0.32 (0.32%)
Jan 25, 2022 4:00 PM EST - Market closed
Market Cap12.63B
Revenue (ttm)10.24B
Net Income (ttm)1.48B
Shares Out127.82M
EPS (ttm)11.48
PE Ratio8.61
Forward PE9.39
Dividend$1.14 (1.15%)
Ex-Dividend DateNov 22, 2021
Volume637,363
Open96.29
Previous Close98.52
Day's Range94.24 - 99.74
52-Week Range74.42 - 109.01
Beta1.38
AnalystsBuy
Price Target121.00 (+22.4%)
Earnings DateFeb 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,...

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

Financial Performance

Financial Statements

Analyst 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.

Price Target
$121.00
(22.42% upside)
Analyst Consensus: Buy

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.

1 day ago - Zacks Investment Research

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

Other symbols:MPFE
1 day ago - Zacks Investment Research

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).

5 days ago - Zacks Investment Research

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

Other symbols:GGB
5 days ago - Zacks Investment Research

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

Other symbols:CPGLOMA
5 days ago - Zacks Investment Research

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.

1 week ago - Zacks Investment Research

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.

2 weeks ago - Zacks Investment Research

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.

2 weeks ago - Zacks Investment Research

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

Other symbols:ABGSTC
3 weeks ago - Zacks Investment Research

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...

1 month ago - Business Wire

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.

1 month ago - Zacks Investment Research

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.

1 month ago - Zacks Investment Research

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...

1 month ago - Business Wire

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.

Other symbols:ASIXCCCEUNVR
1 month ago - Zacks Investment Research

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.

Other symbols:CBRECVXDVNEXPD
1 month ago - Zacks Investment Research

Why Is Westlake (WLK) Down 11% Since Last Earnings Report?

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

1 month ago - Zacks Investment Research

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.

1 month ago - Zacks Investment Research

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.

Other symbols:BLDRCARDVNXOM
1 month ago - Zacks Investment Research

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...

2 months ago - Business Wire

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...

2 months ago - Market Watch

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...

2 months ago - Business Wire

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.

Other symbols:BLDRCARDOWPSX
2 months ago - Zacks Investment Research

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.

2 months ago - Zacks Investment Research

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 months ago - Business Wire

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 ...

2 months ago - Zacks Investment Research