Westlake Chemical Corp. Company Profile (NYSE:WLK)

About Westlake Chemical Corp.

Westlake Chemical Corp. logoWestlake Chemical Corporation is a vertically integrated global manufacturer and marketer of basic chemicals, vinyls, polymers and building products. The Company's products include a range of chemicals, which are fundamental to various diverse consumer and industrial markets, including flexible and rigid packaging, automotive products, coatings, residential and commercial construction, as well as other durable and non-durable goods. The Company operates in two segments: Olefins and Vinyls. The Olefins segment manufactures a range of petrochemical products. The Vinyls segment primarily offers PVC, vinyl chloride monomer (VCM), ethylene dichloride (EDC), chlorine, caustic soda and, through Westlake Chemical OpCo LP, ethylene. The Company is also an integrated producer of vinyls with substantial downstream integration into polyvinyl chloride (PVC) building products. The Company owns approximately 10 building product facilities.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Specialty Chemicals
  • Sub-Industry: Commodity Chemicals
  • Exchange: NYSE
  • Symbol: WLK
  • CUSIP: 96041310
Key Metrics:
  • Previous Close: $53.22
  • 50 Day Moving Average: $51.96
  • 200 Day Moving Average: $47.66
  • 52-Week Range: $39.48 - $63.56
  • Trailing P/E Ratio: 13.05
  • Foreward P/E Ratio: 12.92
  • P/E Growth: 1.77
  • Market Cap: $6.74B
  • Outstanding Shares: 128,783,000
  • Beta: 1.88
  • Net Margins: 12.48%
  • Return on Equity: 15.42%
  • Return on Assets: 9.85%
  • Debt-to-Equity Ratio: 0.20%
  • Current Ratio: 3.53%
  • Quick Ratio: 2.81%
Additional Links:
Companies Related to Westlake Chemical Corp.:

Analyst Ratings

Consensus Ratings for Westlake Chemical Corp. (NYSE:WLK) (?)
Ratings Breakdown: 4 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.56)
Consensus Price Target: $56.00 (7.03% upside)

Analysts' Ratings History for Westlake Chemical Corp. (NYSE:WLK)
DateFirmActionRatingPrice TargetDetails
10/13/2016Tudor PickeringInitiated CoverageHold$53.00View Rating Details
9/30/2016Goldman Sachs Group Inc.Reiterated RatingNeutral$51.00View Rating Details
9/1/2016Cowen and CompanyBoost Price TargetOutperform$60.00 -> $65.00View Rating Details
8/23/2016RBC Capital MarketsUpgradeSector Perform -> Outperform$47.00 -> $59.00View Rating Details
8/23/2016Royal Bank Of CanadaUpgradeSector Perform -> Outperform$47.00 -> $59.00View Rating Details
8/16/2016JPMorgan Chase & Co.Boost Price TargetOverweight$55.00 -> $56.00View Rating Details
8/1/2016NomuraSet Price TargetHold$50.00 -> $53.00View Rating Details
6/15/2016SunTrust Banks Inc.UpgradeNeutral -> Buy$44.00 -> $52.00View Rating Details
1/24/2016Deutsche Bank AGReiterated RatingHoldView Rating Details
10/16/2015SusquehannaLower Price TargetPositive$80.00 -> $75.00View Rating Details
1/26/2015Bank of America Corp.DowngradeBuy -> Neutral$94.00 -> $68.00View Rating Details
(Data available from 10/22/2014 forward)


Earnings History for Westlake Chemical Corp. (NYSE:WLK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/28/2016Q2$0.96$0.85$1.06 billion$1.09 billionViewListenView Earnings Details
5/3/2016Q116$0.93$0.94$1.02 billion$975.20 millionViewN/AView Earnings Details
2/23/2016Q415$0.99$0.84$1.03 billion$986.76 millionViewListenView Earnings Details
11/3/2015Q315$1.29$1.39$1.17 billion$1.19 billionViewListenView Earnings Details
8/4/2015Q215$1.21$1.41$1.13 billion$1.19 billionViewListenView Earnings Details
5/4/2015Q115$1.20$1.10$1.13 billion$1.10 billionViewListenView Earnings Details
2/24/2015Q414$1.38$1.37$1.18 billion$1.14 billionViewListenView Earnings Details
11/4/2014Q314$1.56$1.59$1.19 billion$1.25 billionViewListenView Earnings Details
8/5/2014Q214$1.44$1.26$1.06 billion$998.60 millionViewListenView Earnings Details
5/5/2014Q114$1.13$1.18$975.86 million$1.03 billionViewListenView Earnings Details
2/20/2014Q413$2.13$2.54$913.80 million$951.63 millionViewListenView Earnings Details
11/7/2013Q313$2.22$2.54$939.14 million$1,000.00 millionViewListenView Earnings Details
7/30/2013Q2 2013$1.90$2.17$948.00 million$939.05 millionViewListenView Earnings Details
5/6/2013Q1 2013$1.25$1.84$870.10 million$864.60 millionViewListenView Earnings Details
2/19/2013Q4 2012$1.21$1.42$832.69 million$801.00 millionViewListenView Earnings Details
11/8/2012Q312$1.36$1.47$902.24 million$821.20 millionViewN/AView Earnings Details
8/2/2012$1.41$1.72ViewN/AView Earnings Details
5/1/2012$1.26$1.31ViewN/AView Earnings Details
2/21/2012$0.62$0.40ViewN/AView Earnings Details
11/1/2011$0.98$1.01ViewN/AView Earnings Details
8/2/2011$1.19$1.21ViewN/AView Earnings Details
5/3/2011$1.02$1.25ViewN/AView Earnings Details
2/22/2011$0.74$1.26ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Westlake Chemical Corp. (NYSE:WLK)
Current Year EPS Consensus Estimate: $3.39 EPS
Next Year EPS Consensus Estimate: $4.05 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.90$0.90$0.90
Q2 20161$0.88$0.88$0.88
Q3 20161$1.01$1.01$1.01
Q4 20161$0.93$0.93$0.93
(Data provided by Zacks Investment Research)


Current Dividend Information for Westlake Chemical Corp. (NYSE:WLK)
Annual Dividend:$0.76
Dividend Yield:1.45%
Dividend Growth:38.40% (3 Year Average)
Payout Ratio:18.91% (Based on Trailing 12 Months of Earnings)
22.42% (Based on Current Year Consensus EPS Estimate)
18.77% (Based on Next Year Consensus EPS Estimate)
Track Record:12 Years of Consecutive Dividend Growth

Dividend History for Westlake Chemical Corp. (NYSE:WLK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Westlake Chemical Corp. (NYSE:WLK)
Insider Ownership Percentage: 71.70%
Institutional Ownership Percentage: 30.31%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/23/2016George J MangieriVPSell30,714$52.00$1,597,128.00View SEC Filing  
11/10/2015George J. MangieriCAOSell2,785$60.21$167,684.85View SEC Filing  
5/26/2015Jeffrey L TaylorSVPSell8,143$70.57$574,651.51View SEC Filing  
5/11/2015Lawrence E TeelSVPSell2,125$70.25$149,281.25View SEC Filing  
8/22/2014James ChaoDirectorSell42,379$93.57$3,965,403.03View SEC Filing  
6/9/2014James ChaoMajor ShareholderSell42,946$82.01$3,522,001.46View SEC Filing  
5/7/2014Robert BuesingerVPSell1,872$77.36$144,817.92View SEC Filing  
3/13/2014Robert BlakelyDirectorSell1,609$135.03$217,263.27View SEC Filing  
3/3/2014Mark Steven BenderCFOSell17,721$133.60$2,367,525.60View SEC Filing  
2/28/2014David HansenSVPSell4,232$134.50$569,204.00View SEC Filing  
2/28/2014H John Riley, Jr.DirectorSell7,375$134.70$993,412.50View SEC Filing  
2/28/2014Lawrence TeelVPSell1,107$134.70$149,112.90View SEC Filing  
2/27/2014Jeffrey TaylorSVPSell4,314$132.62$572,122.68View SEC Filing  
2/26/2014Robert BuesingerVPSell2,361$132.95$313,894.95View SEC Filing  
8/12/2013Mark Steven BenderCFOSell2,930$101.00$295,930.00View SEC Filing  
8/8/2013Mark Steven BenderCFOSell3,000$101.00$303,000.00View SEC Filing  
8/1/2013George MangieriCAOSell2,025$104.67$211,956.75View SEC Filing  
8/1/2013Stephen WallaceVPSell12,786$105.71$1,351,608.06View SEC Filing  
5/28/2013Andrew KennerVPSell9,607$94.13$904,306.91View SEC Filing  
5/21/2013George J MangieriCAOSell1,001$94.50$94,594.50View SEC Filing  
5/21/2013Stephen WallaceVPSell9,092$94.02$854,829.84View SEC Filing  
5/8/2013Stephen WallaceVPSell13,857$89.80$1,244,358.60View SEC Filing  
3/25/2013Mark Steven BenderCFOSell4,429$95.00$420,755.00View SEC Filing  
3/12/2013Lawrence E TeelVPSell1,836$94.67$173,814.12View SEC Filing  
3/11/2013Max L LukensDirectorSell1,844$92.67$170,883.48View SEC Filing  
3/11/2013Robert F BuesingerVPSell2,361$93.79$221,438.19View SEC Filing  
12/3/2012Mark Steven BenderCFOSell6,083$73.25$445,579.75View SEC Filing  
11/23/2012Albert ChaoCEOSell20,000$76.16$1,523,200.00View SEC Filing  
11/23/2012Mark Steven BenderCFOSell1,220$75.95$92,659.00View SEC Filing  
8/9/2012Andrew KennerVPSell4,155$66.81$277,595.55View SEC Filing  
8/9/2012Jeffrey L TaylorSVPSell11,720$67.10$786,412.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Westlake Chemical Corp. (NYSE:WLK)
capitalcube.com logoWestlake Chemical Corp. : WLK-US: Dividend Analysis : September 02nd, 2016 (record date) : By the numbers : October 21, 2016 (NYSE:WLK)
www.capitalcube.com - October 21 at 8:06 PM
stocksdaily.net logoYearly EPS Estimate Of Westlake Chemical Corporation (NYSE:WLK) At $3.85 (NYSE:WLK)
www.stocksdaily.net - October 19 at 7:44 PM
News IconEPS Projection For Westlake Chemical Corporation (NYSE:WLK) At $0.91? (NYSE:WLK)
leglobaliste.com - October 18 at 6:27 AM
News IconBroker Outlook For Westlake Chemical Corporation (NYSE:WLK) (NYSE:WLK)
www.desotoedge.com - October 16 at 7:48 PM
stocksdaily.net logoWestlake Chemical Corporation (NYSE:WLK) Quarterly Accrued Expenses At $312.985 Millions (NYSE:WLK)
www.stocksdaily.net - October 16 at 7:48 PM
News IconUpdate on Westlake Chemical Corp. (NYSE:WLK) for the day (NYSE:WLK)
twincountynews.com - October 14 at 7:55 PM
News IconImportant Rating: Is Westlake Chemical Corporation (NYSE:WLK) a Buy or a Sell? Learn What Tudor Pickering Thinks (NYSE:WLK)
www.whatsonthorold.com - October 14 at 7:55 PM
finance.yahoo.com logoCoverage initiated on Westlake Chemical by Tudor Pickering (NYSE:WLK)
finance.yahoo.com - October 14 at 7:55 PM
investopedia.com logoWestlake Chemical Appoints New Board Member (WLKP) (NYSE:WLK)
www.investopedia.com - October 13 at 12:09 PM
publicnow.com logoWestlake Chemical Partners Selects Angela Minas to Join Board of Directors (NYSE:WLK)
www.publicnow.com - October 11 at 7:52 PM
stocksdaily.net logoWestlake Chemical Corporation (NYSE:WLK) Beginning Cash At $880.601 Millions (NYSE:WLK)
www.stocksdaily.net - October 11 at 6:07 AM
stocksdaily.net logoWestlake Chemical Corporation (NYSE:WLK) Held $1182.669 In Short-Term Investments And Cash (NYSE:WLK)
www.stocksdaily.net - October 3 at 7:30 PM
finance.yahoo.com logoGoldman Reinstate Coverage On Westlake Chemical, Sees 3% Downside (NYSE:WLK)
finance.yahoo.com - September 30 at 7:19 PM
stocksdaily.net logoWestlake Chemical Corporation (NYSE:WLK) Had $1182.669 In Cash And Short-Term Investments (NYSE:WLK)
www.stocksdaily.net - September 25 at 6:55 PM
News IconTop Basic Materials Sector Picking: Occidental Petroleum ... - The Independent Republic (NYSE:WLK)
theindependentrepublic.com - September 23 at 6:04 AM
realistinvestor.com logoWestlake Chemical Corporation (NYSE:WLK)'s Accounts Payable Is $307.116 - RealistInvestor.com (NYSE:WLK)
www.realistinvestor.com - September 23 at 6:04 AM
realistinvestor.com logoWestlake Chemical Corporation (NYSE:WLK)’s Accounts Payable Is $307.116 (NYSE:WLK)
www.realistinvestor.com - September 22 at 7:44 PM
News IconWestlake Chemical Corp. (NYSE:WLK) To Report September 2016 Results - The Voice Registrar (NYSE:WLK)
voiceregistrar.com - September 22 at 6:06 AM
News IconNovember 18th Options Now Available For Westlake Chemical (WLK) (NYSE:WLK)
www.stockoptionschannel.com - September 21 at 11:56 AM
marketnewsvideo.com logoWestlake Chemical Larger Than S&P 500 Component FMC (NYSE:WLK)
www.marketnewsvideo.com - September 21 at 11:56 AM
stocksdaily.net logoWestlake Chemical Corporation (NYSE:WLK) Held $1182.669 In Cash And Short-Term Investments - Stocks Daily (NYSE:WLK)
www.stocksdaily.net - September 19 at 6:26 AM
News IconShort Information Review for: Westlake Chemical Corp. (NYSE:WLK) - Post News (NYSE:WLK)
www.kentuckypostnews.com - September 14 at 12:29 PM
News IconWhat are Analysts Expecting for Westlake Chemical Corporation (NYSE:WLK) Earnings? - Frisco Fastball (NYSE:WLK)
friscofastball.com - September 14 at 12:29 PM
News IconAnalysts Valuations For Two Stocks: Store Capital Corp (NYSE:STOR), Westlake Chemical Corporation (NYSE:WLK) - The Voice Registrar (NYSE:WLK)
voiceregistrar.com - September 13 at 6:24 AM
streetinsider.com logoS&P Downgrades Westlake Chemical (WLK) to 'BBB' Following Completion of Axiall Deal (NYSE:WLK)
www.streetinsider.com - September 10 at 7:08 PM
News IconThe Sell-side Consensus is in on Westlake Chemical Corporation (NYSE:WLK); Earnings & Target Updates (NYSE:WLK)
www.nationaldailypress.com - September 10 at 7:08 PM
News IconStock Valuation Recap for Westlake Chemical Corp. (NYSE:WLK) - Post News (NYSE:WLK)
www.kentuckypostnews.com - September 10 at 6:31 AM
News IconThe Sell-side Consensus is in on Westlake Chemical Corporation (NYSE:WLK); Earnings & Target Updates - National Daily Press (NYSE:WLK)
www.nationaldailypress.com - September 9 at 7:42 PM
streetinsider.com logoS&P Downgrades Westlake Chemical (WLK) to 'BBB' Following Completion of Axiall Deal - StreetInsider.com (NYSE:WLK)
www.streetinsider.com - September 9 at 6:25 AM
biz.yahoo.com logoWESTLAKE CHEMICAL CORP Files SEC form 8-K/A, Financial Statements and Exhibits (NYSE:WLK)
biz.yahoo.com - September 8 at 12:01 PM
News IconWestlake Chemical Announces Expiration & Final Results of the Exchange Offers & Consent Solicitations for Certain Axiall Notes (NYSE:WLK)
ih.advfn.com - September 6 at 8:12 PM
streetinsider.com logoS&P Downgrades Westlake Chemical (WLK) to 'BBB' Amid Axiall Acquisition (NYSE:WLK)
www.streetinsider.com - September 3 at 6:19 AM
streetinsider.com logoWestlake Chemical (WLK) Announces Completion of Axiall (AXLL) Acquisition (NYSE:WLK)
www.streetinsider.com - September 1 at 11:28 AM
News IconVP & Chief Accounting Officer of Westlake Chemical Corporation C (NYSE:WLK), Mangieri George J, sells 30,714 shares worth $1,597,156 (NYSE:WLK)
empowerednews.net - August 26 at 11:07 AM
sg.finance.yahoo.com logoLotte vice chairman found dead amid probe; suicide suspected (NYSE:WLK)
sg.finance.yahoo.com - August 26 at 11:07 AM
finance.yahoo.com logoWestlake Chemical (WLK) Completes New $1B Credit Agreement (NYSE:WLK)
finance.yahoo.com - August 26 at 11:07 AM
biz.yahoo.com logoWESTLAKE CHEMICAL CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Termination of a Material Defi (NYSE:WLK)
biz.yahoo.com - August 24 at 8:01 PM
publicnow.com logoWestlake Chemical Concludes Revolving Credit Agreement (NYSE:WLK)
www.publicnow.com - August 24 at 11:20 AM
feeds.reuters.com logoBRIEF-Westlake Chemical concludes revolving credit agreement (NYSE:WLK)
feeds.reuters.com - August 24 at 8:24 AM
finance.yahoo.com logoWestlake Chemical Shares Up 12% This Month; RBC Upgrades To Outperform (NYSE:WLK)
finance.yahoo.com - August 23 at 8:24 PM
seekingalpha.com logoWestlake Chemical upgraded at RBC ahead of Axiall merger (NYSE:WLK)
seekingalpha.com - August 23 at 12:28 PM
feeds.reuters.com logoBRIEF-Westlake chemical to issue new senior notes in exchange for any and all of the senior notes issued by Eagle Spinco (NYSE:WLK)
feeds.reuters.com - August 22 at 5:19 PM
publicnow.com logoWestlake Chemical Corporation Announces Quarterly Dividend (NYSE:WLK)
www.publicnow.com - August 19 at 11:13 AM
finance.yahoo.com logoWESTLAKE CHEMICAL CORP Financials (NYSE:WLK)
finance.yahoo.com - August 18 at 8:29 PM
bizjournals.com logoWestlake Chemical sets closing date for Axiall acquisition (NYSE:WLK)
www.bizjournals.com - August 18 at 11:25 AM
publicnow.com logoWestlake Chemical Provides an Update on the Pending Acquisition of Axiall Corporation (NYSE:WLK)
www.publicnow.com - August 17 at 11:13 AM
stocksdaily.net logoWill Westlake Chemical Corporation (NYSE:WLK) Surprise Analysts This Quarter? (NYSE:WLK)
www.stocksdaily.net - August 12 at 11:36 AM
biz.yahoo.com logoWESTLAKE CHEMICAL CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial (NYSE:WLK)
biz.yahoo.com - August 10 at 8:59 PM
publicnow.com logoWestlake Closes Offering of $750,000,000 of 3.600% Senior Notes Due 2026 and $700,000,000 of 5.000% Senior Notes Due 2046 (NYSE:WLK)
www.publicnow.com - August 10 at 8:59 PM
biz.yahoo.com logoWESTLAKE CHEMICAL CORP Files SEC form 10-Q, Quarterly Report (NYSE:WLK)
biz.yahoo.com - August 9 at 8:37 PM


Westlake Chemical Corp. (NYSE:WLK) Chart for Saturday, October, 22, 2016

Last Updated on 10/22/2016 by MarketBeat.com Staff