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Westlake Corporation - WLK STOCK NEWS

Welcome to our dedicated news page for Westlake Corporation (Ticker: WLK), a resource for investors and traders seeking the latest updates and insights on Westlake Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Westlake Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Westlake Corporation's position in the market.

News
Westlake Chemical Partners Provides Update about Tax Information
Rhea-AI Summary
Westlake Chemical Partners LP (WLKP) provides an update on the availability of its 2023 Investor Tax Packages due to pending tax legislation. The Partnership's tax packages may be delayed compared to previous years, with online access expected by March 29, 2024, and mailing by April 5, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.45%
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Westlake Epoxy Receives ISCC PLUS Certification at its Duisburg, Germany Site
Rhea-AI Summary
Westlake Corporation's Westlake Epoxy Duisburg site in Germany has received ISCC PLUS certification for sustainable materials in epoxy production. The goal is to extend this certification to all European sites. The move aligns with Westlake's commitment to sustainability and offers customers innovative, lower-carbon footprint products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.45%
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News
Westlake Royal Building Products™ to Unveil New Roofing Launches, Feature Durable and Efficient Roofing Lines at International Builders’ Show
Rhea-AI Summary
Westlake Royal Building Products, a leader in roofing systems, will showcase new launches at the 2024 International Builders' Show. The launches include a Material List Generator, Cool Roof Colors, a CEU course for architects, and new e-books. The company aims to appeal to builders, architects, remodelers, and contractors with its innovative products and solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.46%
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Westlake Royal Building Products™ to Showcase Be Boundless™ Campaign, Top Industry Trends and New Product Innovations at 2024 International Builders’ Show
Rhea-AI Summary
Westlake Royal Building Products, a subsidiary of Westlake (NYSE:WLK), is set to showcase its Be Boundless campaign, industry trends, and new product innovations at the 2024 NAHB International Builders’ Show. The company will highlight its portfolio of leading brands, including TruExterior siding, Exterior Portfolio, and Royal vinyl siding lines, among others. Westlake Royal aims to push boundaries with its innovative products and offer insights into upcoming industry trends.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.46%
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News
Westlake Chemical Partners LP Announces Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Westlake Chemical Partners LP (WLKP) reported a decrease in net income in Q4 2023 compared to Q4 2022 due to higher interest expense. Cash flows decreased, but distributable cash flow was maintained. Full-year 2023 net income decreased primarily due to higher interest expense and maintenance expenditures. The company plans a maintenance turnaround in 2024, potentially impacting coverage ratio. Quarterly distribution of $0.4714 per unit declared for Q4 2023, marking the 38th consecutive quarterly distribution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.87%
Tags
earnings
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Westlake Corporation Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Westlake Corporation (NYSE: WLK) reported a net loss of $497 million in the fourth quarter of 2023 due to identified items totaling $625 million, impacting Performance and Essential Materials results. Despite challenges, HIP segment achieved an income from operations of $710 million with a 23% EBITDA margin in 2023. PEM segment faced weak global industrial activity resulting in a loss from operations of $664 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.87%
Tags
earnings
News
Westlake Corporation Declares Quarterly Dividend
Rhea-AI Summary
Westlake Corporation (WLK) declares a dividend of $0.50 per share for the fourth quarter of 2024, payable on March 14, 2024. This marks the 78th consecutive quarterly dividend since the company's IPO in 2004.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Westlake Chemical Partners Announces Fourth Quarter and Full Year 2023 Earnings Conference Call
Rhea-AI Summary
Westlake Chemical Partners (WLKP) will release its Q4 and full year 2023 earnings on February 20, 2024. A conference call to discuss the earnings will be held at 1:00 p.m. ET. Registration is required to access the call. The call and replay will be available via webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.83%
Tags
earnings
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Westlake Announces Fourth Quarter and Full Year Earnings for 2023 Conference Call
Rhea-AI Summary
Westlake Corporation (WLK) is set to release its Q4 and full year 2023 earnings on February 20, 2024. The company will host a conference call to discuss the earnings release, which can be accessed via phone or webcast. Investors and traders can pre-register for the call to receive a unique PIN number for access.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.83%
Tags
earnings
News
Unified Steel™ Introduces New Material List Generator at International Roofing Expo
Rhea-AI Summary
Westlake Royal Building Products, a Westlake company (NYSE: WLK), has launched an all-new Material List Generator for Unified Steel, a premium brand of Westlake Royal’s Roofing Solutions. The tool simplifies the estimating process for Unified Steel Stone Coated Roofing and Westlake Royal Roofing Components. The system integrates seamlessly with roof measurements acquired traditionally or through 3D and geospatial measurement generating software solutions. It also allows users to save their projects for future reference. The Material List Generator is available at no cost for builders, contractors, and homeowners. The tool is designed to simplify the roofing process and provide a list of materials and quantities needed for a specific roof project quickly and efficiently.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.24%
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Stock WLK logo
Westlake Corporation

NYSE:WLK

WLK Rankings

#518 Ranked by Market Cap
#963 Ranked by Stock Gains
#1683 Ranked by Dividends

WLK Stock Data

19.72B
33.35M
73.47%
28.46%
1.17%
All Other Basic Organic Chemical Manufacturing
Manufacturing
Link
US
Houston

About WLK

westlake chemical corporation (nyse: wlk) is an international manufacturer and supplier of petrochemicals, plastics and fabricated products. these chemical and plastic products enhance the daily lives of people around the world. from the tires we ride on, the plastic wrap that keeps our meats and produce fresh, the pipes that are essential to ensuring clean water, to the frames that secure our windows and doors, we play a vital role in supplying the building blocks for these products and many more. westlake chemical employs approximately 4,100 people and operates from 16 locations in north america, 7 in europe as well as 1 location in china. to learn more about westlake chemical, visit www.westlake.com.