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Westlake Chemical

91.17

-2.2100-2.37%

Volume:147.26K

Turnover:13.40M

Market Cap:11.71B

PE:19.65

High:92.18

Open:91.35

Low:89.96

Close:93.38

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Overview Company News Filings

RBC Cuts Price Target on Westlake to $147 From $167, Keeps Outperform Rating

MT Newswires Live

Westlake Corporation's (NYSE:WLK) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

Simply Wall St.

BofA Adjusts Price Target on Westlake to $134 From $154, Keeps Neutral Rating

MT Newswires Live

UPDATE 1-Clariant to fight $1.4 billion ethylene claim from BASF

Westlake Earnings Approach Low Point, Offering 'Attractive' Investment Opportunity, UBS Says

MT Newswires Live

UBS Upgrades Westlake to Buy From Neutral, Price Target is $144

MT Newswires Live

Corrected-Westlake Corp : Deutsche Bank Cuts Target Price to $135 From $165 (Not Raises Target Price to $165 From $135)

THOMSON REUTERS

Piper Sandler Remains a Buy on Westlake Chemical (WLK)

Westlake Corp : Piper Sandler Cuts Target Price to $135 From $155

THOMSON REUTERS

Those who invested in Westlake (NYSE:WLK) five years ago are up 77%

Simply Wall St.

Westlake's Unit Announces Investment in Universal Matter

Citigroup Upgrades Westlake to Buy From Neutral, Raises Price Target to $140 From $152

MT Newswires Live

Westlake upgraded to Buy from Neutral at Citi

Westlake Unit Invests in Universal Matter

MT Newswires Live

Westlake Innovations Invests in Universal Matter

THOMSON REUTERS

Westlake Innovations Invests in Universal Matter

Westlake Chemical Appoints Roger A. Cregg to Board

Westlake Corporation Appoints New Director to Its Board

THOMSON REUTERS

Westlake Corporation Appoints New Director to its Board

Westlake (WLK) Down 8.3% Since Last Earnings Report: Can It Rebound?

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However, the company's...","market":"us","thumbnail":"https://images.simplywall.st/asset/industry/2021000-choice1-main-header/1585186559642","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/2021000-choice1-main-header/1585186559642"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/us/materials/nyse-wlk/westlake/news/westlake-corporations-nysewlk-stock-has-shown-weakness-latel","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["NYSE","WLK","BK4090"],"gpt_icon":0},{"id":"2503570371","title":"BofA Adjusts Price Target on Westlake to $134 From $154, Keeps Neutral Rating","url":"https://stock-news.laohu8.com/highlight/detail?id=2503570371","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503570371?lang=en_us&edition=fundamental","pubTime":"2025-01-14 23:44","pubTimestamp":1736869468,"startTime":"0","endTime":"0","summary":"Westlake (WLK) has an average rating of overweight and mean price target of $148.50, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from major ban","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate","earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["WLK"],"gpt_icon":0},{"id":"2503764775","title":"UPDATE 1-Clariant to fight $1.4 billion ethylene claim from BASF","url":"https://stock-news.laohu8.com/highlight/detail?id=2503764775","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503764775?lang=en_us&edition=fundamental","pubTime":"2025-01-14 22:19","pubTimestamp":1736864350,"startTime":"0","endTime":"0","summary":"(Adds details on other companies targeted)      BERLIN, Jan 14 (Reuters) - Clariant    said it would defend itself against a claim from German rival BASF  seeking 1.4 billion euros ($1.4 billion) in 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valuation are nearing a low point, creating an \"attractive\" investment opportunity before potential positive changes in macroeconomic data later this year, UBS Securities said in a note emailed Friday.Global utilization rates for polyvinyl chloride and caustic, Westlake's main products, reached bottom in 2024 and are expected to gradually improve, UBS said.\"We see [Westlake's] key commodity products, PVC and caustic, as better positioned due to a lower rate of capacity additions and more near-term inflections in utilization rates,\" the firm said in the note.The company's housing and infrastructure segment, which has outpaced peers, is expected to see \"more meaningful growth\" into 2026/2027 driven by a recovery in the US housing market, and, along with strategic investments and an improved performance and essential materials segment, lead to a projected 22% earnings per share annual growth over the next four years, UBS said.UBS upgraded Westlake stock to buy fro","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["WLK"],"gpt_icon":0},{"id":"2502868446","title":"UBS Upgrades Westlake to Buy From Neutral, Price Target is $144","url":"https://stock-news.laohu8.com/highlight/detail?id=2502868446","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2502868446?lang=en_us&edition=fundamental","pubTime":"2025-01-10 21:00","pubTimestamp":1736514008,"startTime":"0","endTime":"0","summary":"Westlake (WLK) has an average rating of overweight and mean price target of $151.31, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from major ban","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["WLK"],"gpt_icon":0},{"id":"2502503418","title":"Corrected-Westlake Corp : Deutsche Bank Cuts Target Price to $135 From $165 (Not Raises Target Price to $165 From $135)","url":"https://stock-news.laohu8.com/highlight/detail?id=2502503418","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2502503418?lang=en_us&edition=fundamental","pubTime":"2025-01-10 20:38","pubTimestamp":1736512703,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250110:nL8N3O60UY:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["WLK","BK4090"],"gpt_icon":0},{"id":"2501772292","title":"Piper Sandler Remains a Buy on Westlake Chemical (WLK)","url":"https://stock-news.laohu8.com/highlight/detail?id=2501772292","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2501772292?lang=en_us&edition=fundamental","pubTime":"2025-01-07 19:47","pubTimestamp":1736250476,"startTime":"0","endTime":"0","summary":"Piper Sandler analyst Charles Neivert maintained a Buy rating on Westlake Chemical (WLK – Research Report) today and set a price target of $135.00....","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/piper-sandler-remains-a-buy-on-westlake-chemical-wlk?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/piper-sandler-remains-a-buy-on-westlake-chemical-wlk?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["WLK","BK4090"],"gpt_icon":0},{"id":"2501227572","title":"Westlake Corp : Piper Sandler Cuts Target Price to $135 From $155","url":"https://stock-news.laohu8.com/highlight/detail?id=2501227572","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2501227572?lang=en_us&edition=fundamental","pubTime":"2025-01-07 17:07","pubTimestamp":1736240848,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250107:nFWN3O30PF:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["WLK","BK4090"],"gpt_icon":0},{"id":"2495693898","title":"Those who invested in Westlake (NYSE:WLK) five years ago are up 77%","url":"https://stock-news.laohu8.com/highlight/detail?id=2495693898","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2495693898?lang=en_us&edition=fundamental","pubTime":"2024-12-31 18:45","pubTimestamp":1735641942,"startTime":"0","endTime":"0","summary":"It hasn't been the best quarter for Westlake Corporation  shareholders, since the share price has fallen 24% in that time. But the silver lining is the stock is up over five years. However we are not very impressed because the share price is only up 65%, less than the market return of 95%.Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns.Investors in Westlake had a tough year, with a total loss of 18% , against a market gain of about 24%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. Longer term investors wouldn't be so upset, since they would have made 12%, each year, over five years. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportuni","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/those-invested-westlake-nyse-wlk-104542402.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["WLK","BK4090","NYSE"],"gpt_icon":0},{"id":"2492449154","title":"Westlake's Unit Announces Investment in Universal Matter","url":"https://stock-news.laohu8.com/highlight/detail?id=2492449154","media":"Zacks","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492449154?lang=en_us&edition=fundamental","pubTime":"2024-12-20 20:50","pubTimestamp":1734699000,"startTime":"0","endTime":"0","summary":"Westlake Corporation’s WLK subsidiary, Westlake Innovations, announced that it invested in Universal Matter, Inc., an Ontario-based company aiming to become a leading supplier of high-quality and sustainable graphene and advanced materials to help decarbonize the planet. The investment by WLK is driven by its continuous efforts to develop a sustainable future through improvement in its own manufacturing and strategic investments in innovative technologies and startup firms.Universal Matter’s patented Flash Joule Heating technology was first developed at Rice University to create tunable graphene across 1D, 2D and 3D morphologies. This technology allows for cost-effective, industrial-scale upcycling of carbon waste streams into high-quality graphene and graphitized carbon. Additionally, Universal Matter can also disperse the graphene in a variety of liquid or solid mediums to make it easier for customers to incorporate graphene into their downstream industrial products and achieve perfo","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/_QohzTTuBiHhd3QxMgJLjA--~B/aD00MTM7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/b348b5c17da07d496ad3bb8195e2b67c","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/_QohzTTuBiHhd3QxMgJLjA--~B/aD00MTM7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/b348b5c17da07d496ad3bb8195e2b67c"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/westlakes-unit-announces-investment-universal-125000855.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["UVV","CDE","BK4075","BK4090","NGVT","CF","BK4109","BK4585","BK4588","BK4093","WLK","BK4017"],"gpt_icon":0},{"id":"2492018866","title":"Citigroup Upgrades Westlake to Buy From Neutral, Raises Price Target to $140 From $152","url":"https://stock-news.laohu8.com/highlight/detail?id=2492018866","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492018866?lang=en_us&edition=fundamental","pubTime":"2024-12-18 20:56","pubTimestamp":1734526575,"startTime":"0","endTime":"0","summary":"Westlake (WLK) has an average rating of overweight and mean price target of $156.50, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from major ban","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["WLK"],"gpt_icon":0},{"id":"2492067419","title":"Westlake upgraded to Buy from Neutral at Citi","url":"https://stock-news.laohu8.com/highlight/detail?id=2492067419","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492067419?lang=en_us&edition=fundamental","pubTime":"2024-12-18 18:50","pubTimestamp":1734519021,"startTime":"0","endTime":"0","summary":"Citi analyst Patrick Cunningham upgraded Westlake (WLK) to Buy from Neutral with a price target of $140, down from $152. The firm thinks investors ...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/westlake-upgraded-to-buy-from-neutral-at-citi?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/westlake-upgraded-to-buy-from-neutral-at-citi?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["WLK","BK4090"],"gpt_icon":0},{"id":"2492956932","title":"Westlake Unit Invests in Universal Matter","url":"https://stock-news.laohu8.com/highlight/detail?id=2492956932","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492956932?lang=en_us&edition=fundamental","pubTime":"2024-12-17 20:15","pubTimestamp":1734437750,"startTime":"0","endTime":"0","summary":"Westlake's (WLK) Westlake Innovations unit said Tuesday it has invested in Universal Matter.Financial details were not disclosed.Universal Matter's Flash Joule Heating technology supports upcycling of carbon waste streams into graphene and graphitized carbon, Westlake Innovations added.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4090","WLK","BK4075","UVV"],"gpt_icon":0},{"id":"2492937618","title":"Westlake Innovations Invests in Universal Matter","url":"https://stock-news.laohu8.com/highlight/detail?id=2492937618","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492937618?lang=en_us&edition=fundamental","pubTime":"2024-12-17 19:00","pubTimestamp":1734433201,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241217:nTUA9QL007:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["WLK","BK4090"],"gpt_icon":0},{"id":"2492958880","title":"Westlake Innovations Invests in Universal Matter","url":"https://stock-news.laohu8.com/highlight/detail?id=2492958880","media":"Business Wire","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492958880?lang=en_us&edition=fundamental","pubTime":"2024-12-17 19:00","pubTimestamp":1734433200,"startTime":"0","endTime":"0","summary":"HOUSTON, December 17, 2024----Westlake Innovations, Inc., a subsidiary of Westlake Corporation , today announced the company has invested in Universal Matter, Inc. The Burlington, Ontario-based company’s vision is to become the leading supplier of high-quality and sustainable graphene and advanced materials to help decarbonize the planet. Westlake’s action builds upon the company’s commitment to helping develop a more sustainable future through continuous improvement its own manufacturing as well as strategic investments in innovative technologies and startup firms.\"Graphene is a material with a number of potential performance and sustainability benefits that could apply across a number of Westlake’s Performance & Essential Materials and Housing & Infrastructure Products business lines,\" said John Chao, Senior Vice President and Managing Director of Westlake Innovations. \"We look forward to working with Universal Matter and its management team as it moves forward on development and com","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/6LieGj.QBhbSK.76s.a0Pw--~B/aD0zNzQ7dz0xMzc3O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/business-wire.com/d07989a155a8a81ecd85f2f262674a00","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/6LieGj.QBhbSK.76s.a0Pw--~B/aD0zNzQ7dz0xMzc3O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/business-wire.com/d07989a155a8a81ecd85f2f262674a00"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/westlake-innovations-invests-universal-matter-110000154.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4090","UVV","BK4075","WLK"],"gpt_icon":0},{"id":"2490085644","title":"Westlake Chemical Appoints Roger A. Cregg to Board","url":"https://stock-news.laohu8.com/highlight/detail?id=2490085644","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490085644?lang=en_us&edition=fundamental","pubTime":"2024-12-11 20:35","pubTimestamp":1733920500,"startTime":"0","endTime":"0","summary":"Westlake Chemical ( ($WLK) ) has provided an update. Westlake Corporation announced the appointment of Roger A. Cregg to its board of directors, su...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/westlake-chemical-appoints-roger-a-cregg-to-board?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/westlake-chemical-appoints-roger-a-cregg-to-board?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4090","WLK"],"gpt_icon":0},{"id":"2490075106","title":"Westlake Corporation Appoints New Director to Its Board","url":"https://stock-news.laohu8.com/highlight/detail?id=2490075106","media":"THOMSON REUTERS","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490075106?lang=en_us&edition=fundamental","pubTime":"2024-12-11 07:54","pubTimestamp":1733874840,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241210:nTUA8F0XJB:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["WLK","BK4090"],"gpt_icon":0},{"id":"2490079287","title":"Westlake Corporation Appoints New Director to its Board","url":"https://stock-news.laohu8.com/highlight/detail?id=2490079287","media":"Business Wire","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490079287?lang=en_us&edition=fundamental","pubTime":"2024-12-11 07:54","pubTimestamp":1733874840,"startTime":"0","endTime":"0","summary":"HOUSTON, December 10, 2024----Westlake Corporation  today announced that Mr. Roger A. Cregg has been appointed to the company’s board of directors. Mr. Cregg succeeds Mr. Marius A. Haas who, as previously disclosed, informed the board that he intended to retire from the board effective upon the appointment of his successor. Mr. Haas’ retirement from the board was effective on December 10, 2024.\"We are delighted that Roger has agreed to join our board,\" said Westlake Corporation Executive Chairman Albert Chao. \"He brings a unique combination of experience and in-depth knowledge about the home building and other industries. We look forward to working with him as he shares his perspectives with the board. We would also like to thank Marius Haas for his service to the board over the last several years.\"","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/_mJ2HUb0R.9uOPxju09D8w--~B/aD0zNzQ7dz0xMzc3O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/business-wire.com/92cc741e14de19ab22d900f45be9153e","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/_mJ2HUb0R.9uOPxju09D8w--~B/aD0zNzQ7dz0xMzc3O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/business-wire.com/92cc741e14de19ab22d900f45be9153e"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/westlake-corporation-appoints-director-board-235400100.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4090","WLK"],"gpt_icon":0},{"id":"2489495378","title":"Westlake (WLK) Down 8.3% Since Last Earnings Report: Can It Rebound?","url":"https://stock-news.laohu8.com/highlight/detail?id=2489495378","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489495378?lang=en_us&edition=fundamental","pubTime":"2024-12-06 00:30","pubTimestamp":1733416254,"startTime":"0","endTime":"0","summary":"A month has gone by since the last earnings report for Westlake Chemical . Shares have lost about 8.3% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Westlake due for a breakout?Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.Westlake's Q3 Earnings and Revenues Miss Estimates on Lower Volumes. Westlake logged a third-quarter 2024 profit of $108 million or 83 cents per share, down from $285 million or $2.20 per share in the year-ago quarter. Barring one-time items, adjusted earnings for the reported quarter came in at $1.41 per share. The bottom line missed the Zacks Consensus Estimate of $2.12.Sales for the reported quarter were $3,117 million, flat year over year. It lagged the Zacks Consensus Estimate of $3,230.6 million. 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