Welcome to our dedicated page for WESTLAKE news (Ticker: WLK), a resource for investors and traders seeking the latest updates and insights on WESTLAKE stock.
Westlake Corporation reports news around its global materials and building-products operations, organized around Performance and Essential Materials and Housing and Infrastructure Products. Updates commonly cover earnings, segment pricing and volume trends, olefins, vinyl chemicals, polyethylene, epoxies, building products, pipe and fittings, facility actions, product certifications, distribution launches, litigation matters and leadership changes.
The company also appears in updates involving Westlake Royal Building Products, Westlake Epoxy and its relationship with Westlake Chemical Partners LP, a limited partnership formed by Westlake to operate, acquire and develop ethylene production facilities and other qualified assets.
Westlake Corporation (NYSE: WLK) named Jonathan H. Baksht as Senior Vice President and Chief Financial Officer, reporting to CEO Jean-Marc Gilson. Mr. Baksht will succeed M. Steven Bender, who will transition to Special Advisor effective June 15, 2026 and retire by year-end.
Mr. Baksht previously served as CFO at Fortune Brands Innovations (May 2025–Mar 2026), Pactiv Evergreen (May 2022–May 2025), and Valaris (CFO Nov 2015–Sep 2021). He holds degrees from the University of Texas at Austin and Kellogg School of Management.
Westlake Chemical Partners (NYSE:WLK) named Jonathan H. Baksht as Senior Vice President and Chief Financial Officer, effective June 15, 2026, and as a director of the general partner.
Mr. Baksht succeeds M. Steven Bender, who will retire from the board and transition to Special Advisor on June 15, 2026, then retire by year-end. Mr. Baksht previously served as CFO at Fortune Brands Innovations (May 2025–Mar 2026) and Pactiv Evergreen (May 2022–May 2025), and held senior finance roles at Valaris.
Capstone Holding Corp (NASDAQ: CAPS) was awarded distribution rights for Eldorado Stone from Westlake Royal Building Products, expected to drive $5.0 million of annualized run-rate organic revenue by Q3 2027 through existing channels with no incremental infrastructure investment.
Management says the award deepens its Westlake relationship, boosts share-of-wallet, leverages architect-driven inbound demand, and supports higher incremental EBITDA margins alongside a $2 million cost rationalization program and multi-year homebuilder wins.
Westlake Chemical Partners (NYSE: WLK) filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 with the SEC on March 4, 2026. The filing includes complete audited financial statements and is available free to unitholders.
Investors can view the 10-K via the Partnership's website under Investor Relations > SEC Filings, or request a free hard copy in writing to the address provided.
Westlake Chemical Partners (NYSE:WLKP) reported fourth quarter 2025 net income attributable to the Partnership of $14.5 million ($0.41 per unit) and MLP distributable cash flow of $18.8 million, yielding a quarterly coverage ratio of 1.13x. The Board declared a quarterly distribution of $0.4714 per unit, the 46th consecutive quarterly payout.
For full year 2025, net income attributable to the Partnership was $48.7 million and MLP distributable cash flow was $53.4 million, with full-year operating cash flow of $280.5 million, down from 2024 due mainly to the Petro 1 turnaround.
Westlake (NYSE: WLK) reported fourth-quarter 2025 net sales of $2.5 billion, a net loss attributable to Westlake of $544 million (Q4) and EBITDA of ($315) million. Identified Items of $511 million in Q4 reduced reported results; excluding those items, Q4 net loss was $33 million. For full year 2025, net sales were $11.17 billion and net loss excluding Identified Items was $116 million. Identified Items for 2025 include PEM shutdown expenses, a $727 million goodwill write-off, and other charges. Cash and investments totaled $2.9 billion with total debt of $5.6 billion.
Westlake Corporation (NYSE: WLK) appointed Bhavesh V. "Bob" Patel and President & CEO Jean-Marc Gilson to its board of directors, effective February 20, 2026. The additions are intended to deepen industry expertise and strengthen management-board alignment.
Mr. Patel brings decades of chemicals and building‑materials leadership, including CEO roles at LyondellBasell and Standard Industries, plus board experience at Air Products Chemicals and the Federal Reserve Bank of Dallas’ Houston Branch. Mr. Gilson’s board seat formalizes his leadership role and is expected to improve strategic communication.
Westlake (NYSE: WLK) declared a regular quarterly dividend of $0.53 per share for Q4 2025. The dividend is payable on March 18, 2026 to shareholders of record on March 3, 2026. Westlake has paid and increased dividends for 22 consecutive years, beginning in November 2004.
The company cautioned that forward-looking statements about future dividend payments are subject to risks and uncertainties and referenced its 2024 Form 10-K and Q3 2025 Form 10-Q for additional factors.
Westlake Royal Building Products (NYSE: WLK) expanded its vinyl siding portfolio on February 19, 2026 by adding a new Double 5" (D5) profile across Royal Estate and Exterior Portfolio Market Square lines.
The D5 profile debuts in Royal Estate across the full ColorScapes palette and brings full-color availability to Exterior Portfolio Market Square, features Chromatix color protection, hurricane resistance to 170 mph, and a Double Limited Lifetime Warranty.
Westlake Royal Building Products (NYSE: WLK) launched a new 9” wide vinyl Board & Batten profile for its Royal and Exterior Portfolio lines, the company says is the widest traditional vinyl Board & Batten profile on the market.
The profile has a 9" overall width (7" board + 2" batten), 5/8" projection, arched battens, Chromatix™ color protection, and a Double Limited Lifetime Warranty; products resist winds up to 170 mph.