WLK - Westlake Chemical Corporation

NYSE - Nasdaq Real Time Price. Currency in USD
72.97
-2.24 (-2.98%)
As of 9:35AM EDT. Market open.
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Previous Close75.21
Open77.10
Bid60.42 x 800
Ask76.20 x 900
Day's Range72.92 - 74.20
52 Week Range72.92 - 124.30
Volume14,114
Avg. Volume875,827
Market Cap9.461B
Beta (3Y Monthly)1.56
PE Ratio (TTM)6.04
EPS (TTM)12.08
Earnings DateNov 5, 2018 - Nov 9, 2018
Forward Dividend & Yield1.00 (1.31%)
Ex-Dividend Date2018-08-27
1y Target Est102.63
Trade prices are not sourced from all markets
  • Business Wire3 hours ago

    Westlake Chemical Announces Third Quarter 2018 Conference Call Information

    Westlake Chemical Corporation will release its third quarter 2018 earnings prior to the market opening on Tuesday, November 6, 2018. The company will host a conference call at 11:00 a.m.

  • 5 Undervalued Companies With Predictable Businesses
    GuruFocus.com16 hours ago

    5 Undervalued Companies With Predictable Businesses

    According to the GuruFocus All-in-One Screener, the following companies have high business predictability ratings and a wide margin of safety. Warning! GuruFocus has detected 3 Warning Signs with WLK. The company has a 3.5-star out of five business predictability rating and, according to the discounted cash flow calculator, a 54% margin of safety at $74 per share.

  • Celanese Acquires Next Polymers
    Market Realist8 days ago

    Celanese Acquires Next Polymers

    On October 11, Celanese (CE) announced that it entered into a definitive agreement to acquire Next Polymers. However, Celanese didn’t disclose the financial aspects of the acquisition. Celanese expects the deal to be completed by the first quarter of 2019.

  • LyondellBasell Introduces New Purell Copolymer
    Market Realist8 days ago

    LyondellBasell Introduces New Purell Copolymer

    In a press release on October 11, LyondellBasell discussed the launch of a new copolymer—Purell EP374M. The new product targets the Healthcare segment by storing medicine and healthcare components.

  • DowDuPont: Key Dates for the Next Quarterly Dividend
    Market Realist11 days ago

    DowDuPont: Key Dates for the Next Quarterly Dividend

    In a press release on October 11, DowDuPont (DWDP) announced the quarterly dividend. DowDupont said that its board approved a quarterly dividend of $0.38 per share. The quarter dividend implies that there isn’t an increase in the dividend rate. DowDuPont might not revise its dividend rate until the spin-off is completed. DowDuPont released its fifth dividend after the merger of Dow Chemical and DuPont.

  • Houston Exponential raises $25M fund of funds to bolster city's tech scene
    American City Business Journals11 days ago

    Houston Exponential raises $25M fund of funds to bolster city's tech scene

    Houston Exponential, a local nonprofit aimed at growing Houston’s tech innovation ecosystem, closed a $25 million round for a fund of funds designed to bolster the city's tech scene. The tech nonprofit, which is just under a year old, sees the initiative as a way to draw more innovative startups to the city, a key sector where many city and business leaders admit Houston is lacking, along with those who hold the purse strings — venture capitalists. One of the biggest goals of the fund is to create a multiplier effect — by bringing more venture capital money to the city over time, Houston Exponential believes the eventual total investments in startups will greatly exceed this initial $25 million.

  • Is Westlake Chemical (WLK) a Great Stock for Value Investors?
    Zacks19 days ago

    Is Westlake Chemical (WLK) a Great Stock for Value Investors?

    Is Westlake Chemical (WLK) a great pick from the value investor's perspective right now? Read on to know more.

  • Simply Wall St.26 days ago

    Is There An Opportunity With Westlake Chemical Corporation’s (NYSE:WLK) 27% Undervaluation?

    In this article I am going to calculate the intrinsic value of Westlake Chemical Corporation (NYSE:WLK) by taking the foreast future cash flows of the company and discounting them back Read More...

  • Westlake Chemical to Acquire NAKAN, Expand Global Footprint
    Zacks27 days ago

    Westlake Chemical to Acquire NAKAN, Expand Global Footprint

    Westlake Chemical's (WLK) latest deal enables the company to expand its compounding business globally.

  • Westlake Chemical Enters into an Agreement to Acquire Nakan
    Market Realist27 days ago

    Westlake Chemical Enters into an Agreement to Acquire Nakan

    On September 25, Westlake Chemical (WLK) announced that it entered into an agreement to acquire Nakan from OpenGate Capital. Westlake Chemical will pay $265 million in cash. Nakan will likely complement Westlake Chemical’s existing compounding business and improve its global presence.

  • Moody's28 days ago

    Louisiana Loc. Govt. Env. Fac.& Comm.Dev.Auth -- Moody's upgrades Westlake to Baa2; stable outlook

    Moody's Investors Service ("Moody's") upgraded the long-term debt ratings for Westlake Chemical Corporation to Baa2 from Baa3. The upgrade reflects substantial improvement in financial performance, significant reduction in debt in 2018, and anticipated resilience in credit metrics to a potential downturn in the integrated ethylene chain. The ratings outlook is stable.

  • Business Wire28 days ago

    Westlake Chemical Announces Offer to Acquire NAKAN PVC Compounding Solutions Business

    Westlake Chemical Corporation (WLK) announced today that it has issued an exclusive, binding offer to acquire NAKAN, a global compounding solutions business, from Los Angeles-based private equity firm, OpenGate Capital. NAKAN, headquartered in Reims, France, has eight production facilities, located in China, France, Germany, Italy, Japan, Mexico, Spain and Vietnam, as well as a world-class research facility in France and application laboratory in the United States. NAKAN’s products are used in a wide-variety of applications, including in the automotive, building and construction, and medical industries.

  • The Wall Street Journal28 days ago

    [$$] Westlake Chemical Offers to Buy Nakan From OpenGate for $265 Million

    Westlake Chemical Corp. said it made an exclusive, binding offer to buy plastic-compounds business Nakan from private-equity firm OpenGate Capital for $265 million in cash.

  • Celanese Plans to Increase Acetate Tow Prices
    Market Realist29 days ago

    Celanese Plans to Increase Acetate Tow Prices

    On September 18, Celanese announced that it will increase acetate tow prices. The price increase will be effective on November 1 or as the contract allows. The prices will increase across all of the acetate tow grades. The increase will impact Eastern Europe and Asia. Celanese will increase the acetate tow prices by $1.00 per kilogram.

  • Celanese Stock: How It’s Faring in 2018 Compared to Peers
    Market Realistlast month

    Celanese Stock: How It’s Faring in 2018 Compared to Peers

    Celanese (CE), a specialty chemical company, has outperformed its selected peers so far in 2018. YTD (year-to-date), Celanese has risen ~6%. Its peer Eastman Chemical (EMN) has risen 5% YTD. LyondellBasell (LYB) and Westlake Chemical (WLK) have fallen 7.4% and 21.2%, respectively, YTD. However, CE has underperformed the S&P 500 (SPY), which has gained 8.6% in the same period.

  • Celanese’s Short Interest at Highest Level in 2018: What That Means
    Market Realistlast month

    Celanese’s Short Interest at Highest Level in 2018: What That Means

    The latest short interest report on August 31 indicates that Celanese’s (CE) short interest is at the lowest point since the beginning of 2018. According to the latest report, CE’s short interest as a percentage of its outstanding shares is 1.44%.

  • Celanese’s Free Cash Flow: Can It Help Reduce Its Debts?
    Market Realistlast month

    Celanese’s Free Cash Flow: Can It Help Reduce Its Debts?

    Over the past six years, data indicate that Celanese (CE) has been generating positive free cash flows. In that period, CE has generated an average free cash flow of $362 million. At the end of the second quarter of 2018, it generated a free cash flow of $562 million.

  • Celanese’s Debt Trend in 2018: Where Is It Headed?
    Market Realistlast month

    Celanese’s Debt Trend in 2018: Where Is It Headed?

    At the end of the second quarter of 2018, Celanese (CE) reported debt of ~$.3.6 billion. Its debt remained stable at ~$3 billion between 2012 and 2016. However, at the end of 2017, Celanese raised 300 million euros to fund its qualified US pension plans. As a result, CE’s debt is at its highest level in more than six years.

  • LyondellBasell and Covestro to Start New Project in Maasvlakte
    Market Realistlast month

    LyondellBasell and Covestro to Start New Project in Maasvlakte

    On September 4, LyondellBasell (LYB) and joint venture partner Covestro announced they had initiated a new project at their site in Maasvlakte-Rotterdam in the Netherlands. The new initiative is expected to reduce annual levels of carboxylic acid and reduce carbon-dioxide emissions by 140,000 metric tons. This project is a step towards the Netherlands’ target to reduce carbon-dioxide emissions by 49% by 2030.

  • Apollo Life to Use Eastman Chemical’s Tritan
    Market Realist2 months ago

    Apollo Life to Use Eastman Chemical’s Tritan

    On August 30, 2018, a press release from Eastman Chemical said that Tritan will be used by Apollo Brands, a part of Apollo Hospitals Enterprise. The Indian government’s BPA ban related to food contact products has resulted in Apollo selecting Eastman’s Tritan, which is BPA-free. Eastman Tritan has FDA approval and also holds many global certifications.

  • LyondellBasell Bags New Client
    Market Realist2 months ago

    LyondellBasell Bags New Client

    On August 30, LyondellBasell (LYB) announced that Shandong Chambroad Petrochemicals selected its Hostalen Advanced Cascade Process technology. This technology will be used for 350KTA high-density polyethylene, which will be built in Binzhou City in the Shandong province. However, LyondellBasell didn’t disclose the financial aspects of the deal.