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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
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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News
Westlake Chemical Partners LP Announces Fourth Quarter 2023 Distribution
Rhea-AI Summary
Westlake Chemical Partners LP (WLKP) has declared a distribution of $0.4714 per unit, marking the 38th quarterly distribution since its IPO. The distribution will be payable on February 20, 2024, to unit holders of record on February 2, 2024. Non-U.S. investors will be subject to federal income tax withholding at the highest applicable effective tax rate.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.52%
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earnings
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Westlake Global Compound and Westlake Dimex Partner Together in Reducing Waste
Rhea-AI Summary
Westlake Global Compounds and Westlake Dimex are partnering to leverage their expertise in PVC compounds and recycled materials, aiming to reduce waste and environmental impact. The collaboration will focus on reprocessing materials and toll processing services, with GreenCircle certifications for various compound products. The partnership will expand Westlake Dimex's tolling operations and offerings into international markets, contributing to waste reduction and recycling efforts.
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partnership
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DaVinci® Roofscapes Masterpiece Contractor 2023 Project of the Year Awards Announced
Rhea-AI Summary
DaVinci® Roofscapes (Ticker Symbol: DAVINCI) announces the winners of the 2023 DaVinci® Masterpiece Contractor® Project of the Year Awards. The awards recognize outstanding residential and commercial roofing projects across the country. The winners were chosen based on the excellence of installation work, visual impact, and ability to transform the look of a home or commercial project. The press release features multimedia showcasing the winning projects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.17%
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Westlake Royal Roofing Solutions Launches New CEU Course for Architects on Roofing Underlayments
Rhea-AI Summary
Westlake Royal Roofing Solutions™ (Ticker: WRRS) offers architects a new CEU continuing education course, allowing them to earn one CEU credit upon completion. The course focuses on efficient and resilient roofing systems and components.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.52%
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Westlake Royal Building Products™ to Host Versetta Stone Installation Demonstration at The Buildings Show
Rhea-AI Summary
Westlake Royal Building Products (WLK) to showcase new products at The Buildings Show 2023 in Toronto. The exhibit will feature products from industry-leading brands, including Versetta Stone, Cedar Renditions, Celect Cellular Composite Siding, Royal Estate Vinyl Siding, Portsmouth Shake and Shingles, Haven Insulated Siding, and DaVinci Roofscapes. The event will also include a demonstration of Versetta Stone installation by the Westlake Royal team.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.07%
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conferences
News
Westlake Royal Building Products™ Announces Expanded Partnership with SBP-owned U.S. LUMBER and Amerhart
Rhea-AI Summary
Westlake Royal Building Products (WLK) expands partnership with U.S. LUMBER and Amerhart, leading specialty building products (SBP) brands, to distribute more products across multiple locations. The expanded partnership will include distribution of Westlake Royal’s leading brands in Michigan, Wisconsin, Ohio, Pennsylvania, New York, New Jersey, and Massachusetts, providing customers with customized solutions. U.S. LUMBER and Amerhart are privately held distributors with strong geographical growth and a focus on wholesale lumber and building materials.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.93%
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partnership
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Westlake Corporation Declares Quarterly Dividend
Rhea-AI Summary
Westlake Corporation (NYSE: WLK) declares $0.500 per share dividend payable on December 6, 2023
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News
Westlake Chemical Partners LP Announces Third Quarter 2023 Results
Rhea-AI Summary
Westlake Chemical Partners LP (NYSE: WLKP) reported net income of $13.2 million in Q3 2023, compared to $14.8 million in Q3 2022. Cash flows from operating activities decreased to $100.9 million from $115.5 million. MLP distributable cash flow was $13.6 million, down from Q3 2022. The Partnership declared a quarterly distribution of $0.4714 per unit, marking the 37th consecutive quarterly distribution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.12%
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earnings
News
Westlake Corporation Reports Third Quarter 2023 Results
Rhea-AI Summary
Westlake Corporation (NYSE: WLK) announced its third quarter 2023 results, with net sales of $3.1 billion, net income of $285 million, and EBITDA of $682 million. The Housing and Infrastructure Products segment achieved record income from operations of $256 million and EBITDA of $327 million. Sales volumes for HIP increased 7% while Performance and Essential Materials sales volumes increased 2% from the previous quarter. HIP's operating income margin increased to 22% and EBITDA margin increased to 29%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.12%
Tags
earnings
Stock WLK logo
Westlake Corporation

NYSE:WLK

WLK Rankings

#525 Ranked by Market Cap
#963 Ranked by Stock Gains
#1685 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.