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, pipe and fittings for various water, sewer and industrial applications, profiles for windows and doors, decking products, films for various inflatables, wall covering tapes, roofing applications, and composite roof tiles. The Olefins segment offers polyethylene, styrene monomers, and various ethylene co-products, as well as sells propylene, crude butadiene, pyrolysis gasoline, and hydrogen products. Westlake Chemical Corporation offers its products to a range of customers, including chemical processors, plastics fabricators, small construction contractors, municipalities, and supply warehouses in various consumer and industrial markets, such as flexible and rigid packaging, automotive products, coatings, water treatment, refrigerants, and residential and commercial construction, as well as other durable and non-durable goods. The company was founded in 1986 and is headquartered in Houston, Texas. Westlake Chemical Corporation is a subsidiary of TTWF LP.
IPO Year: 2004
Exchange: NYSE
Website: westlake.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/27/2025 | $135.00 → $110.00 | Underweight → Neutral | Analyst |
| 1/28/2025 | $168.00 | Buy | Truist |
| 1/10/2025 | $144.00 | Neutral → Buy | UBS |
| 12/18/2024 | $152.00 → $140.00 | Neutral → Buy | Citigroup |
| 10/16/2024 | $151.00 → $159.00 | Underperform → Neutral | BofA Securities |
| 9/30/2024 | $162.00 → $180.00 | Equal Weight → Overweight | Barclays |
| 8/23/2024 | $157.00 → $174.00 | Sector Perform → Outperform | RBC Capital Mkts |
| 8/8/2024 | $170.00 | Outperform | Mizuho |
| 4/18/2024 | $138.00 → $174.00 | Hold → Buy | Deutsche Bank |
| 4/8/2024 | $154.00 | Buy → Hold | Vertical Research |
Westlake Royal Building Products™ ("Westlake Royal"), a Westlake company (NYSE:WLK), is adding a new patio door to its Westlake Royal Window Solutions™ portfolio. The Series 800 Patio Door combines the utmost in performance and versatility, with a variety of options to suit the needs of nearly any project or location. The Series 800 door is designed with a range of features to ensure optimal thermal efficiency and durability, including Energy Star-compliant glazing options, an internal weep system, an all-welded frame and sash, and dual-seal weatherstripping. Standard-height Series 800 doors also carry a DP50 rating. To further customize for project specifications, the Series 800 is avail
Westlake Royal Building Products™ ("Westlake Royal"), a Westlake company (NYSE:WLK), has introduced a black frame option to its Legacy Collection window line, part of Westlake Royal Window Solutions™. The new color answers the growing demand for darker window frame options. "Black window frames and other dark shades came on strong with the rise of the Modern Farmhouse look and haven't faded from favor even as preferences for that home style have shifted," said Steve Booz, vice president of marketing at Westlake Royal Building Products. "Our Legacy Collection not only allows building pros, designers and homeowners to express their style with a touch of elegance, the windows deliver reliable
Westlake Royal Building Products™ ("Westlake Royal"), a Westlake company (NYSE:WLK), has added a new Reversible Nickel Gap/V-Groove profile to the Kleer® cellular PVC trim line. With crisp, clean lines and authentic detailing, each side of the panel exudes a charming aesthetic suitable for both modern and traditional home styles. The reversible planks feature a tongue-and-groove joint that simplifies installation, automatically creating the authentic nickel gap on one side and the V-groove on the other. The profiles can be installed vertically or horizontally. Like all Kleer cellular PVC products, the Nickel Gap/V-Groove profile is waterproof, termite-resistant and low maintenance. With b
Westlake Royal Building Products™ ("Westlake Royal"), a Westlake company (NYSE:WLK), has expanded its Cedar Renditions™ aluminum siding line with five new solid colors in the U.S.—Aluzinc, Ironstone, Charcoal, Frost and Black Silk—along with a new premium woodgrain color—Natural Whitewash—in the U.S. and Canada. The new colors bring a fresh and versatile palette, offering homeowners and designers even greater options to achieve their desired aesthetic. Each color delivers unique characteristics: Aluzinc - A modern metallic gray, Aluzinc offers a sleek, monochrome aesthetic for builders and architects. Ironstone - A bolder take on Charcoal, Ironstone projects a bracingly cool and compel
Westlake Corporation (NYSE:WLK) announced today that Westlake Epoxy plans to launch several new products at the JEC World Show 2025, March 4 to 6, in Paris. We will be showcasing at booth 6-P114 our latest innovations designed to enhance efficiency, safety, and performance. Throughout the years, Westlake Epoxy has cultivated a broad network, bringing together equipment manufacturers, formulators, automators, and end users to create unique practical solutions for the growing composites industry. These partnerships have significantly contributed to the development of our product offerings, including EpoVIVE™, a more sustainable epoxy product portfolio that will be launched at JEC World. E
Westlake Royal Building Products™ (Westlake Royal), a Westlake company (NYSE:WLK), is proud to offer fire-rated roofing and stone solutions designed to provide homeowners in wildfire-prone regions with added peace of mind and protection. As wildfires increase in frequency and intensity in North America, particularly in densely brushed areas like California's wildland-urban interface, Westlake Royal's Class A1 fire-rated roofing solutions and fire-rated wall cladding systems deliver advanced protection against wind-blown embers, radiant heat and flames. These innovative solutions are engineered to meet strict fire-resistance standards, helping to safeguard homes and communities from the gr
Westlake Royal also expands the line with two new accessories Westlake Royal Building Products™ ("Westlake Royal"), a Westlake company (NYSE:WLK), has added a new V-Groove profile to the Celect® Cellular Composite Siding line. With its clean, modern look in both horizontal and vertical applications, the new V-Groove profile for the Celect Cellular Composite Siding line adds effortless elegance to virtually any home style. Its distinctive 12-foot length makes it perfect for vertical installations in homes with high ceilings and contemporary designs. In addition to the new profile, Celect will also debut two new accessories: corner and window trim. "Westlake Royal Building Products is rede
Next-generation profile offers improved structural stability Westlake Royal Building Products™ ("Westlake Royal"), a Westlake company (NYSE:WLK), has introduced a next-generation Board & Batten profile for its Royal® and Exterior Portfolio® vinyl siding lines. Maintaining the timeless charm of Board & Batten while offering enhanced performance, the updated design features a taller 5/8" batten, a gracefully curved face for added robustness and batten accentuator beads to create a dimensional and distinctive vertical profile. Its optimized substrate formulation ensures excellent heat retention, further strengthening the panel's durability. Together, these innovations deliver a beautiful and
Westlake Royal Building Products™ ("Westlake Royal"), a Westlake company (NYSE:WLK) debuts Handformed Brick™, a new, elevated tumbled brick profile from Dutch Quality Stone®, at this year's International Builders' Show (IBS) in Las Vegas from February 25-27 in booth C3819. This new profile is available in three colorways including the newest addition, Snowpack™, a serene white palette inspired by freshly fallen snow. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250225942424/en/Handformed Brick is an elevated tumbled brick design and configuration, molded from authentic bricks with textured variations and robust dimensions. (Pho
Westlake Royal Building Products™ ("Westlake Royal"), a Westlake company (NYSE:WLK) introduces new color options for StoneCraft Industries® at this year's International Builders' Show (IBS) in Las Vegas from February 25-27 in booth C3819. The three new colorways - Silver Summit™, Mineral Ridge™, and Steel Valley™ - are a range of neutrals spanning from a bright ivory-gray hybrid to a dark, smokey carbon with rust accents. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250225247473/en/StoneCraft's Silver Summit colorway, shown in the Fieldstone profile, displays a beautiful stone texture through a mix of gray and ivory tones. (Pho
8-K - WESTLAKE CORP (0001262823) (Filer)
10-K - WESTLAKE CORP (0001262823) (Filer)
8-K - WESTLAKE CORP (0001262823) (Filer)
10-Q - WESTLAKE CORP (0001262823) (Filer)
8-K - WESTLAKE CORP (0001262823) (Filer)
8-K - WESTLAKE CORP (0001262823) (Filer)
10-Q - WESTLAKE CORP (0001262823) (Filer)
8-K - WESTLAKE CORP (0001262823) (Filer)
8-K - WESTLAKE CORP (0001262823) (Filer)
8-K - WESTLAKE CORP (0001262823) (Filer)
Record Housing and Infrastructure Products (HIP) annual income from operations of $807 million and EBITDA of $1.1 billion Fifth consecutive quarter of year-over-year growth in company-wide sales volume Westlake Corporation (NYSE:WLK) (the "Company" or "Westlake") today announced fourth quarter and full year 2024 results. SUMMARY FINANCIAL HIGHLIGHTS ($ in millions except per share data and percentages) Three Months Ended Twelve Months Ended December 31, September 30, December 31, December 31, 2024 2024 2
$0.525 per share dividend declared payable on March 19, 2025 The Board of Directors of Westlake Corporation (NYSE:WLK) today declared a regular dividend distribution of $0.525 per share for the fourth quarter of 2024. This dividend will be payable on March 19, 2025 to stockholders of record on March 4, 2025. Westlake announced its first dividend on November 11, 2004 and has successively been paying and increasing its dividend for the past 20 years. The statements in this release that are not historical facts, including statements regarding future payment of dividend, are forward-looking statements. These forward-looking statements are subject to significant risks and uncertainties. For m
Westlake Corporation (NYSE:WLK) will release its fourth quarter and full year 2024 earnings prior to the market opening on Monday, February 24, 2025. The company will host a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on the same day to discuss the earnings release. To access the conference by phone, it is necessary to pre-register at https://register.vevent.com/register/BI72061c1352d74b3482abead232a4bf93. Once registered, you will receive a phone number and unique PIN number. When you dial in, you will input the PIN number to be placed into the call. The conference call and replay will be available via webcast at https://edge.media-server.com/mmc/p/9nttceuz and
$0.525 per share dividend declared payable on December 12, 2024 The Board of Directors of Westlake Corporation (NYSE:WLK) today declared a regular dividend distribution of $0.525 per share for the third quarter of 2024. This dividend will be payable on December 12, 2024, to stockholders of record on November 26, 2024. Westlake announced its first dividend on November 11, 2004 and has successively been paying and increasing its dividend for the past 20 years. The statements in this release that are not historical facts, including statements regarding future payment of dividend, are forward-looking statements. These forward-looking statements are subject to significant risks and uncerta
Westlake Corporation (NYSE:WLK) (the "Company" or "Westlake") today announced third quarter 2024 results. SUMMARY FINANCIAL HIGHLIGHTS (in millions of dollars, except per share data and percentages) Three Months Ended September 30, 2024 Three Months Ended June 30, 2024 Three Months Ended September 30, 2023 Westlake Corporation Net sales $ 3,117 $ 3,207 $ 3,115 Income from operations $ 180 $ 406 $ 349 Net income attributable to Westlake Corporation $ 108 $
Westlake Corporation (NYSE:WLK) will release its third quarter 2024 earnings prior to the market opening on Tuesday, November 5, 2024. The company will host a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on the same day to discuss the earnings release. To access the conference by phone, it is necessary to pre-register at https://register.vevent.com/register/BI9dd3d967e2694f52b0a3216544d073e3. Once registered, you will receive a phone number and unique PIN number. When you dial in, you will input the PIN number to be placed into the call. The conference call and replay will be available via webcast at https://edge.media-server.com/mmc/p/te7pi7po and the earnings rel
Record Housing and Infrastructure Products (HIP) segment income from operations of $266 million Record HIP segment EBITDA of $336 million Sequential increases in Performance and Essential Materials (PEM) segment earnings and margins Westlake Corporation (NYSE:WLK) (the "Company" or "Westlake") today announced second quarter 2024 results. SUMMARY FINANCIAL HIGHLIGHTS (in millions of dollars, except per share data and percentages) Three Months Ended June 30, 2024 Three Months Ended March 31, 2024 Three Months Ended June 30, 2023 Westlake Corporation Net sales
Westlake Corporation (NYSE:WLK) will release its second quarter 2024 earnings prior to the market opening on Tuesday, August 6, 2024. The company will host a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on the same day to discuss the earnings release. To access the conference by phone, it is necessary to pre-register at https://register.vevent.com/register/BI9ab6061c43e746338afcdc616da9a809. Once registered, you will receive a phone number and unique PIN number. When you dial in, you will input the PIN number to be placed into the call. The conference call and replay will be available via webcast at https://edge.media-server.com/mmc/p/j9tcjmaf and the earnings re
CLAYTON, Mo., July 1, 2024 /PRNewswire/ -- Olin Corporation (NYSE:OLN), as a member of the Ad Hoc Coalition of Epoxy Resin Producers (Coalition), comprised of Olin, Westlake Corporation (NYSE:WLK), and Spolchemie, announces that the European Commission has initiated an anti-dumping proceeding concerning imports of epoxy resins from China, the Republic of Korea, Taiwan, and Thailand. This notice of initiation published today in the European Union (EU) Official Journal results from a complaint lodged by the Coalition to investigate the level of dumping practiced by Chinese, Korean, Taiwanese, and Thai exporters on the EU market and whether dumped imports from the four targeted countries have c
Record first quarter Housing and Infrastructure Products (HIP) income from operations of $210 million with a 20% operating income margin HIP EBITDA of $264 million rose 29% year-over-year with a record first quarter EBITDA margin of 25% PEM sales volume grew 3% sequentially from gradual demand recovery with stable average sales prices Westlake Corporation (NYSE:WLK) (the "Company" or "Westlake") today announced first quarter 2024 results. SUMMARY FINANCIAL HIGHLIGHTS (in millions of dollars, except per share data and percentages) Three Months Ended March 31, 2024 Three Months Ended December 31, 2023 Three Months End
SC 13G/A - WESTLAKE CORP (0001262823) (Subject)
SC 13G/A - WESTLAKE CORP (0001262823) (Subject)
SC 13G/A - WESTLAKE CHEMICAL CORP (0001262823) (Subject)
SC 13G/A - WESTLAKE CHEMICAL CORP (0001262823) (Subject)
Westlake Corporation (NYSE:WLK) today announced that Mr. Roger A. Cregg has been appointed to the company's board of directors. Mr. Cregg succeeds Mr. Marius A. Haas who, as previously disclosed, informed the board that he intended to retire from the board effective upon the appointment of his successor. Mr. Haas' retirement from the board was effective on December 10, 2024. "We are delighted that Roger has agreed to join our board," said Westlake Corporation Executive Chairman Albert Chao. "He brings a unique combination of experience and in-depth knowledge about the home building and other industries. We look forward to working with him as he shares his perspectives with the board. We w
Calgary, AB, April 06, 2023 (GLOBE NEWSWIRE) -- NOVA Chemicals Corporation (NOVA Chemicals) today announced the appointment of Mr. Roger Kearns as President and Chief Executive Officer, effective June 12, 2023. Mr. Kearns most recently served as the Chief Operating Officer of Westlake Corporation, the global diversified manufacturer of essential products (NYSE:WLK) with 15,000 employees, which recorded net sales of USD $15.8bn and annual net income of USD $2.2bn in 2022. Mr. Kearns succeeds Mr. Danny Dweik, who has served as interim President and CEO of NOVA Chemicals since October 2022. Mr. Dweik will remain a member of NOVA's Board of Directors and return to his role as Head of Industr
4/A - WESTLAKE CORP (0001262823) (Issuer)
4/A - WESTLAKE CORP (0001262823) (Issuer)
4 - WESTLAKE CORP (0001262823) (Issuer)
4 - WESTLAKE CORP (0001262823) (Issuer)
4 - WESTLAKE CORP (0001262823) (Issuer)
4 - WESTLAKE CORP (0001262823) (Issuer)
4 - WESTLAKE CORP (0001262823) (Issuer)
4 - WESTLAKE CORP (0001262823) (Issuer)
4 - WESTLAKE CORP (0001262823) (Issuer)
4 - WESTLAKE CORP (0001262823) (Issuer)
Analyst upgraded Westlake Corporation from Underweight to Neutral and set a new price target of $110.00 from $135.00 previously
Truist initiated coverage of Westlake Corporation with a rating of Buy and set a new price target of $168.00
UBS upgraded Westlake Corporation from Neutral to Buy and set a new price target of $144.00
Citigroup upgraded Westlake Corporation from Neutral to Buy and set a new price target of $140.00 from $152.00 previously
BofA Securities upgraded Westlake Corporation from Underperform to Neutral and set a new price target of $159.00 from $151.00 previously
Barclays upgraded Westlake Corporation from Equal Weight to Overweight and set a new price target of $180.00 from $162.00 previously
RBC Capital Mkts upgraded Westlake Corporation from Sector Perform to Outperform and set a new price target of $174.00 from $157.00 previously
Mizuho initiated coverage of Westlake Corporation with a rating of Outperform and set a new price target of $170.00
Deutsche Bank upgraded Westlake Corporation from Hold to Buy and set a new price target of $174.00 from $138.00 previously
Vertical Research downgraded Westlake Corporation from Buy to Hold and set a new price target of $154.00