Latest On Westlake Chemical Corporation (WLK):
| Date/Time | Type | Description | Signal | Details |
|---|---|---|---|---|
| 2024-08-20 05:55 EST | Dividend | A dividend of $0.53 has been announced on Aug 9, 2024. It will be paid Sep 5, 2024 with an ex-dividend date of Aug 20, 2024. | Neutral |  |
| 2024-05-20 05:55 EST | Dividend | A dividend of $0.5 has been announced on May 10, 2024. It will be paid Jun 6, 2024 with an ex-dividend date of May 20, 2024. | Neutral | |
| 2024-02-27 05:42 EST | Dividend | A dividend of $0.5 has been announced on Feb 16, 2024. It will be paid Mar 14, 2024 with an ex-dividend date of Feb 27, 2024. | Neutral | |
| 2023-11-20 04:55 EST | Dividend | A dividend of $0.5 has been announced on Nov 10, 2023. It will be paid Dec 6, 2023 with an ex-dividend date of Nov 20, 2023. | Neutral | |
| 2023-08-24 05:55 EST | Dividend | A dividend of $0.5 has been announced on Aug 14, 2023. It will be paid Sep 12, 2023 with an ex-dividend date of Aug 24, 2023. | Neutral | |
About Westlake Chemical Corporation (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, 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 read more...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.
General
- Name Westlake Chemical Corporation
- Symbol WLK
- Type Common Stock
- Exchange NYSE
- Currency USD
- Country USA
- SectorBasic Materials
- IndustrySpecialty Chemicals
- Full Time Employees 9,220
- Last Split Factor2:1
- Last Split Date2014-03-19
- Fiscal Year EndDecember
- IPO Date2004-08-11
- Gic SectorMaterials
- Gic GroupMaterials
- Gic IndustryChemicals
- Gic SubIndustryCommodity Chemicals
- Web URLhttp://www.westlake.com
Valuation
- Trailing PE 36.85
- Forward PE 20.28
- Price/Sales (Trailing 12 Mt.) 1.6
- Price/Book (Most Recent Quarter) 1.98
- Enterprise Value Revenue 1.95
- Enterprise Value EBITDA 11.72
Financials
- Most Recent Quarter 2020-12-31
- Current Year EPS Estimate $5.42
- Next Year EPS Estimate $5.31
- Next Quarter EPS Estimate $1.04
- Profit Margin 4%
- Operating Margin 6%
- Return on Assets 2%
- Return on Equity 6%
- Revenue 7.5 billion
- Earnings Per Share $2.56
- Revenue Per Share $58.69
- Gross Profit 1.02 billion
- Quarterly Earnings Growth 4.4%
ESG Rating
Highlights
- Market Capitalization 12.06 billion
- EBITDA 1.2 billion
- PE Ratio 68.76
- PEG Ratio 1.59
- Analyst Target Price $89
- Book Value Per Share $47.27
Share Statistics
- Shares Outstanding 127.83 million
- Shares Float 32.84 million
- % Held by Insiders 7324%
- % Held by Institutions 27.97%
- Shares Short 445758
- Shares Short Prior Month 734843
- Short Ratio 0.84
- Short % of Float 1%
Technicals
- Beta 1.47
- 52 Week High $97.26
- 52 Week Low $30.34
- 50 Day Moving Average 86.63
- 200 Day Moving Average 77.22
Dividends
- Forward Annual Dividend Rate $1.08
- Forward Annual Dividend Yield 1.15%
- Payout Ratio 47%
- Dividend Date 2021-03-16
- ExDividend Date 2021-03-01
- Dividend Per Share $1.07
- Dividend Yield 1.39%
Westlake Chemical Corporation (WLK) Dividend Calendar:
Westlake Chemical Corporation pays an annual dividend of $1.08 per share, with a dividend yield of 1.39%.
WLK's last dividend payment was made to shareholders on March 16, 2021.
Westlake Chemical Corporation pays out 47% of its earnings out as a dividend.
Westlake Chemical Corporation (WLK) Earnings History:
Companies typically report earnings on both a quarterly and annual basis. Earnings reported that deviate from analysts' expectations can have a large impact on a stock's price.
Westlake Chemical Corporation (WLK) Company Financial Statements:
Financial statements are reports prepared by a company's management to present their financial performance and position at a point in time. A general-purpose set of financial statements usually includes a balance sheet, income statements, and statement of cash flows.
Income Statement:
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Cash Flow:
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Balance Sheet:
| Date |
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Westlake Chemical Corporation (WLK) Chart:
Westlake Chemical Corporation (WLK) News:
Below you will find a list of latest news for Westlake Chemical Corporation (WLK) from major news sources. You can filter the results to only show news from a specific source.
No recent news available
Westlake Chemical Corporation (WLK) Options:
A stock option is a contract between two parties in which the stock option buyer (holder) purchases the right (but not the obligation) to buy/sell 100 shares of an underlying stock at a predetermined price from/to the option seller (writer) within a fixed period of time.
Latest WLK Trades:
Westlake Chemical Corporation (WLK) SEC Filings:
An SEC filing is a financial statement or other formal document submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make regular SEC filings.
| Date | Form Type | View |
|---|---|---|
| 2020-11-06 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-11-04 | 10-Q (Quarterly report [Sections 13 or 15(d)]) | |
| 2020-11-03 | 8-K (Current report) | |
| 2020-09-21 | 8-K (Current report) | |
| 2020-09-08 | 8-K (Current report) | |
| 2020-08-28 | 8-K (Current report) | |
| 2020-08-20 | 4/A (Statement of changes in beneficial ownership of securities) | |
| 2020-08-17 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-08-17 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-08-17 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-08-17 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-08-17 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-08-17 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-08-17 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-08-17 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-08-17 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-08-06 | 8-K (Current report) | |
| 2020-08-06 | 10-Q (Quarterly report [Sections 13 or 15(d)]) | |
| 2020-07-14 | 8-K (Current report) | |
| 2020-06-12 | 8-K (Current report) | |
Westlake Chemical Corporation (WLK) Insider Transactions:
Here you will find a list of insider trading activities (stock purchases, sales, and option exercises) reported by insiders of Westlake Chemical Corporation (WLK). Company insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
Insider Ownership: 7324%
Institutional Ownership: 2797%
| Transaction Date | Insider Name | Insider Title | Type | Shares Number | Shares Price | Total Transaction | Shares Held After Transaction | Link |
|---|---|---|---|---|---|---|---|---|
| 2020-11-05 | Mark Steven Bender | EVP and CFO | Sell | 420.00 | 74.54 | 31,306.80 | 29,482.00 | |
| 2020-11-05 | Mark Steven Bender | EVP and CFO | Sell | 24,576.00 | 73.98 | 1,818,132.48 | 29,902.00 | |
| 2020-11-05 | Mark Steven Bender | EVP and CFO | Buy | 24,996.00 | 44.42 | 1,110,322.32 | 54,478.00 | |
| 2020-08-16 | Michael J Graff | Director | Buy | 2,387.00 | 13,269.00 | | ||
| 2020-08-16 | R BRUCE NORTHCUTT | Director | Buy | 2,387.00 | 13,310.00 | | ||
| 2020-08-16 | John Tsung-chen Chao | Director | Buy | 2,387.00 | 3,796.00 | | ||
| 2020-08-16 | MARK A MCCOLLUM | Director | Buy | 2,387.00 | 4,783.00 | | ||
| 2020-08-16 | Jeffrey Wayne Sheets | Director | Buy | 2,387.00 | 4,886.00 | | ||
| 2020-08-16 | Marius Haas | Director | Buy | 2,387.00 | 4,886.00 | | ||
| 2020-08-16 | David Tsung-Hung Chao | Director | Buy | 2,387.00 | 5,539.00 | | ||
| 2020-08-16 | Dorothy C Jenkins | Director | Buy | 2,387.00 | 69,615.00 | | ||
| 2020-04-30 | Roger L. Kearns | EVP, Vinyls Chemicals | Buy | 9,224.00 | 23,448.00 | | ||
| 2020-03-27 | TTWFGP LLC | 10% Share Holder | Buy | 16,975.00 | 37.58 | 637,920.50 | 47,257,252.00 | |
| 2020-03-27 | TTWFGP LLC | 10% Share Holder | Buy | 42,295.00 | 38.49 | 1,627,934.55 | 47,299,547.00 | |
| 2020-03-27 | TTWFGP LLC | 10% Share Holder | Buy | 89,443.00 | 39.49 | 3,532,104.07 | 47,388,990.00 | |
| 2020-03-27 | TTWFGP LLC | 10% Share Holder | Buy | 11,287.00 | 40.31 | 454,978.97 | 47,400,277.00 | |
| 2020-03-26 | TTWFGP LLC | 10% Share Holder | Buy | 42,199.00 | 40.47 | 1,707,793.53 | 47,137,476.00 | |
| 2020-03-26 | TTWFGP LLC | 10% Share Holder | Buy | 94,001.00 | 41.15 | 3,868,141.15 | 47,231,477.00 | |
| 2020-03-26 | TTWFGP LLC | 10% Share Holder | Buy | 8,800.00 | 41.99 | 369,512.00 | 47,240,277.00 | |
| 2020-03-24 | TTWFGP LLC | 10% Share Holder | Buy | 4,738.00 | 34.94 | 165,545.72 | 46,825,015.00 | |