|Bid||78.430 x 900|
|Ask||78.510 x 800|
|Day's Range||74.01 - 78.62|
|52 Week Range||59.78 - 124.30|
|Beta (3Y Monthly)||1.20|
|PE Ratio (TTM)||10.27|
|Earnings Date||Feb 18, 2019 - Feb 22, 2019|
|Forward Dividend & Yield||1.00 (1.30%)|
|1y Target Est||85.32|
Lower prices for polyethylene and PVC resin and higher fuel and ethane feedstock costs hurt Westlake Chemical's (WLK) Q4 results.
The international manufacturer and supplier of petrochemicals reported fourth-quarter net income plunged to $123 million, or 95 cents a share, missing analysts' estimates of $1.65. The company said the period's disparity is owed to a one-time, non-cash tax benefit of $591 million in 2017 thanks to a reduced U.S. corporate income tax rate under the new U.S. Tax Cuts and Jobs Act. The company blamed the big fourth-quarter miss on lower sales prices for its products due to lower oil prices and global trade uncertainties that affected domestic and export prices.
Update on Chemical Companies Last Week(Continued from Prior Part)LyondellBasell bagged a new order in IndiaIn a press release on February 13, LyondellBasell (LYB) announced that it bagged a new client order in India. LyondellBasell will be providing
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! It is not uncommon to see companies perform well inRead More...
NEW YORK, NY / ACCESSWIRE / February 19, 2019 / Westlake Chemical Corporation (NYSE: WLK ) will be discussing their earnings results in their 2018 Fourth Quarter Earnings to be held on February 19, 2019 ...
On a per-share basis, the Houston-based company said it had net income of 95 cents. Earnings, adjusted for non-recurring costs, were $1.02 per share. The results fell short of Wall Street expectations. ...
On a per-share basis, the Houston-based company said it had net income of 37 cents. The ethylene producer posted revenue of $335.7 million in the period. For the year, the company reported profit of $49.3 ...
HOUSTON-- -- Record annual sales of $8.6 billion Record annual income from operations of $1.4 billion Net income for 2018 of $996 million, or $7.62 per diluted share, and record EBITDA of $2.1 billion Retired $1.2 billion of debt in 2018 Westlake Chemical Corporation today reported net income attributable to Westlake for the three months ended December 31, 2018 of $123 million, or $0.95 per diluted ...
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Eastman Chemical Declares First-Quarter DividendEastman Chemical declares first-quarter dividend In a press release on February 14, Eastman Chemical (EMN) announced its dividend for the first quarter of 2019. EMN declared a dividend of $0.62, an
Westlake Chemical Corporation will release its 2018 fourth quarter and full year earnings prior to the market opening on Tuesday, February 19, 2019. The company will host a conference call at 11:00 a.m.
Chemical Companies: Key Updates Last Week(Continued from Prior Part)Celanese to increase acetyl intermediates prices On January 31, Celanese (CE) announced that it would increase acetyl intermediates prices. The price increase is effective
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). To keep it practical, we'll show how Westlake Chemical Corporation's (NYSE:WLK) Read More...
DowDuPont's Q4 Earnings: What Investors Can Expect(Continued from Prior Part)DowDuPont’s fourth-quarter earningsDowDuPont (DWDP) is scheduled to announce its fourth-quarter earnings on January 31 before the market opens. DowDuPont will hold a
# Westlake Chemical Corp ### NYSE:WLK View full report here! ## Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output in this company's sector is contracting ## Bearish sentiment Short interest | Positive Short interest is extremely low for WLK with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting WLK. ## Money flow ETF/Index ownership | Negative ETF activity is negative and may be weakening. The net inflows of $631 million over the last one-month into ETFs that hold WLK are among the lowest of the last year and appear to be slowing. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Basic Materialsis falling. The rate of decline is significant relative to the trend shown over the past year. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
NEW YORK, Jan. 23, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Weekly Update: Specialty Chemicals in the Week Ending January 18(Continued from Prior Part)Celanese appointed a new general counsel On January 17, Celanese (CE) announced that it appointed A. Lynne Puckett as the company’s senior vice president
Weekly Update: Specialty Chemicals in the Week Ending January 18LyondellBasell’s leadership roleOn January 16, LyondellBasell (LYB) announced that its CEO Bob Patel, Proctor & Gamble’s (PG) CEO David Taylor, and Veolia’s CEO Antoine
While Westlake Chemical (WLK) faces headwind from higher feedstock costs, it should gain from strong demand, strategic investments and acquisitions.