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Basic Materials - Chemicals - Specialty - NYSE - US
$ 126.66
-0.0237 %
$ 16.3 B
Market Cap
175.92
P/E
1. INTRINSIC VALUE

Westlake Corporation manufactures and supplies petrochemicals, polymers, and building products worldwide. It operates through two segments, Performance and Essential Materials; and Housing and Infrastructure Products. The Performance and Essential Materials segment manufactures and markets polyethylene, styrene monomer, ethylene co-products, PVC, VCM, ethylene dichloride chlor-alkali, and chlorinated derivative products. The Housing and Infrastructure Products segment manufactures and sells residential PVC siding; PVC trim and moldings; roofing applications; decorative stone; windows; PVC decking; PVC films for various inflatables, wallcovering, tape, and roofing applications; polymer composite roof tiles; PVC pipe and fittings; PVC compounds; and various consumer and commercial products such as landscape edging; industrial, home and office matting; marine dock edging; and masonry joint controls.[ Read More ]

The intrinsic value of one WLK stock under the base case scenario is HIDDEN Compared to the current market price of 127 USD, Westlake Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart WLK

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FINANCIALS
12.5 B REVENUE
-20.55%
729 M OPERATING INCOME
-76.10%
479 M NET INCOME
-79.15%
2.34 B OPERATING CASH FLOW
-31.19%
-1.04 B INVESTING CASH FLOW
58.17%
-245 M FINANCING CASH FLOW
58.26%
3.12 B REVENUE
-2.81%
180 M OPERATING INCOME
-56.10%
107 M NET INCOME
-65.59%
474 M OPERATING CASH FLOW
100.00%
-241 M INVESTING CASH FLOW
-8.07%
-371 M FINANCING CASH FLOW
-415.28%
Balance Sheet Decomposition Westlake Corporation
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Current Assets 6.61 B
Cash & Short-Term Investments 3.3 B
Receivables 1.6 B
Other Current Assets 1.7 B
Non-Current Assets 14.4 B
Long-Term Investments 1.12 B
PP&E 9.22 B
Other Non-Current Assets 4.1 B
Current Liabilities 2.79 B
Accounts Payable 877 M
Short-Term Debt 299 M
Other Current Liabilities 1.61 B
Non-Current Liabilities 7.48 B
Long-Term Debt 5.22 B
Other Non-Current Liabilities 2.26 B
EFFICIENCY
Earnings Waterfall Westlake Corporation
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Revenue 12.5 B
Cost Of Revenue 10.3 B
Gross Profit 2.22 B
Operating Expenses 865 M
Operating Income 729 M
Other Expenses 250 M
Net Income 479 M
RATIOS
17.68% GROSS MARGIN
17.68%
5.81% OPERATING MARGIN
5.81%
3.82% NET MARGIN
3.82%
4.68% ROE
4.68%
2.28% ROA
2.28%
3.59% ROIC
3.59%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Westlake Corporation
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Net Income 479 M
Depreciation & Amortization 1.1 B
Capital Expenditures -1.03 B
Stock-Based Compensation 43 M
Change in Working Capital 332 M
Others 443 M
Free Cash Flow 1.3 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Westlake Corporation
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Wall Street analysts predict an average 1-year price target for WLK of $167 , with forecasts ranging from a low of $153 to a high of $180 .
WLK Lowest Price Target Wall Street Target
153 USD 20.80%
WLK Average Price Target Wall Street Target
167 USD 31.70%
WLK Highest Price Target Wall Street Target
180 USD 42.11%
4. DIVIDEND ANALYSIS
0.35% DIVIDEND YIELD
0.525 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Westlake Corporation
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
3.23 M USD 2
9-12 MONTHS
550 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
6 months ago
May 09, 2024
Sell 555 K USD
Buesinger Robert F.
EVP, HIP, IT & Digital
- 3500
158.5 USD
6 months ago
May 03, 2024
Sell 753 K USD
Bender Mark Steven
EVP & CFO
- 4950
152.19 USD
8 months ago
Mar 15, 2024
Sell 560 K USD
Buesinger Robert F.
EVP, HIP, IT & Digital
- 3878
144.5 USD
8 months ago
Mar 13, 2024
Sell 17.6 K USD
Buesinger Robert F.
EVP, HIP, IT & Digital
- 122
144.5 USD
8 months ago
Mar 06, 2024
Sell 677 K USD
Bender Mark Steven
EVP & CFO
- 4804
141.019 USD
8 months ago
Feb 26, 2024
Sell 668 K USD
Bender Mark Steven
EVP & CFO
- 4854
137.57 USD
1 year ago
Nov 15, 2023
Sell 550 K USD
Buesinger Robert F.
EVP, HIP, IT & Digital
- 4215
130.5 USD
1 year ago
Aug 23, 2023
Sell 131 K USD
Chao David Tsung-Hung
director, 10 percent owner:
- 1000
131 USD
2 years ago
Aug 31, 2022
Sell 98.9 K USD
Buesinger Robert F.
EVP, HIP, IT & Digital
- 1000
98.94 USD
2 years ago
Aug 26, 2022
Sell 58 K USD
Zoeller Johnathan Stevan
VP & Chief Accounting Officer
- 542
107.08 USD
2 years ago
May 27, 2022
Sell 1.87 M USD
Buesinger Robert F.
EVP, HIP, IT & Digital
- 14427
129.467 USD
2 years ago
May 19, 2022
Sell 1.58 M USD
Chao Albert
President & CEO
- 12016
131.1127 USD
2 years ago
May 19, 2022
Sell 2.71 M USD
Chao Albert
President & CEO
- 20815
130.1955 USD
2 years ago
May 19, 2022
Sell 653 K USD
Chao Albert
President & CEO
- 5045
129.378 USD
2 years ago
May 17, 2022
Sell 1.14 M USD
Kearns Roger L.
COO and EVP - PEM
- 8388
136.235 USD
2 years ago
May 05, 2022
Sell 1.32 M USD
Ederington L. Benjamin
EVP, GC, CAO and Secretary
- 9426
140 USD
2 years ago
May 05, 2022
Sell 438 K USD
Ederington L. Benjamin
EVP, GC, CAO and Secretary
- 3143
139.26 USD
2 years ago
Mar 31, 2022
Sell 736 K USD
Bender Mark Steven
EVP and CFO
- 5921
124.343 USD
2 years ago
Mar 31, 2022
Sell 12.5 K USD
Bender Mark Steven
EVP and CFO
- 100
124.99 USD
2 years ago
Mar 30, 2022
Sell 366 K USD
Bender Mark Steven
EVP and CFO
- 2938
124.495 USD
2 years ago
Mar 30, 2022
Sell 383 K USD
Bender Mark Steven
EVP and CFO
- 3062
125.096 USD
2 years ago
Mar 29, 2022
Sell 490 K USD
Bender Mark Steven
EVP and CFO
- 4000
122.437 USD
2 years ago
Mar 25, 2022
Sell 940 K USD
Kearns Roger L.
COO and EVP - PEM
- 7472
125.842 USD
2 years ago
Mar 25, 2022
Sell 362 K USD
Kearns Roger L.
COO and EVP - PEM
- 2861
126.402 USD
2 years ago
Mar 25, 2022
Sell 632 K USD
Bender Mark Steven
EVP and CFO
- 5053
125.107 USD
2 years ago
Mar 25, 2022
Sell 371 K USD
Bender Mark Steven
EVP and CFO
- 2947
125.741 USD
2 years ago
Mar 24, 2022
Sell 1 M USD
Bender Mark Steven
EVP and CFO
- 8000
125.3837 USD
2 years ago
Mar 23, 2022
Sell 708 K USD
Bender Mark Steven
EVP and CFO
- 5656
125.137 USD
2 years ago
Mar 23, 2022
Sell 43.2 K USD
Bender Mark Steven
EVP and CFO
- 344
125.686 USD
2 years ago
Mar 10, 2022
Sell 2.65 M USD
Buesinger Robert F.
EVP, HIP, IT & Digital
- 22555
117.61 USD
2 years ago
Mar 09, 2022
Sell 315 K USD
Buesinger Robert F.
EVP, HIP, IT & Digital
- 2730
115.55 USD
2 years ago
Mar 01, 2022
Sell 111 K USD
Zoeller Johnathan Stevan
VP and CAO
- 1006
110.39 USD
2 years ago
Dec 02, 2021
Sell 152 K USD
Chao Albert
President & CEO
- 1700
89.25 USD
2 years ago
Dec 02, 2021
Sell 106 K USD
Chao Albert
President & CEO
- 1175
90.12 USD
2 years ago
Dec 02, 2021
Sell 694 K USD
Chao Albert
President & CEO
- 7585
91.52 USD
2 years ago
Dec 02, 2021
Sell 1.88 M USD
Chao Albert
President & CEO
- 20327
92.29 USD
2 years ago
Dec 01, 2021
Sell 864 K USD
Chao Albert
President & CEO
- 9656
89.47 USD
2 years ago
Dec 01, 2021
Sell 271 K USD
Chao Albert
President & CEO
- 3000
90.47 USD
2 years ago
Dec 01, 2021
Sell 536 K USD
Chao Albert
President & CEO
- 5842
91.83 USD
2 years ago
Dec 01, 2021
Sell 390 K USD
Chao Albert
President & CEO
- 4200
92.78 USD
2 years ago
Dec 01, 2021
Sell 404 K USD
Chao Albert
President & CEO
- 4300
93.98 USD
2 years ago
Dec 01, 2021
Sell 359 K USD
Chao Albert
President & CEO
- 3789
94.8 USD
3 years ago
Nov 11, 2021
Sell 241 K USD
Bender Mark Steven
EVP and CFO
- 2369
101.57 USD
3 years ago
Nov 08, 2021
Sell 63.6 K USD
Bender Mark Steven
EVP and CFO
- 631
100.772 USD
3 years ago
Nov 05, 2021
Sell 628 K USD
Bender Mark Steven
EVP and CFO
- 6356
98.796 USD
3 years ago
Aug 11, 2021
Bought 259 K USD
Chao Albert
President & CEO
+ 3000
86.21 USD
3 years ago
May 10, 2021
Sell 525 K USD
Buesinger Robert F.
EVP, Vinyl Products
- 5000
105 USD
3 years ago
Mar 12, 2021
Sell 936 K USD
Bender Mark Steven
EVP and CFO
- 9920
94.39 USD
3 years ago
Mar 12, 2021
Sell 554 K USD
Bender Mark Steven
EVP and CFO
- 5820
95.23 USD
7. News
Westlake Corporation Declares Quarterly Dividend HOUSTON--(BUSINESS WIRE)--The Board of Directors of Westlake Corporation (NYSE: WLK) today declared a regular dividend distribution of $0.525 per share for the third quarter of 2024. This dividend will be payable on December 12, 2024, to stockholders of record on November 26, 2024. Westlake announced its first dividend on November 11, 2004 and has successively been paying and increasing its dividend for the past 20 years. The statements in this release that are not historical facts, including s. businesswire.com - 1 day ago
Westlake's Q3 Earnings and Revenues Miss Estimates on Lower Volumes WLK sees lower sequential sales in Q3 as lower sales volume more than offset an increase in average sales prices. zacks.com - 4 days ago
Westlake Royal Building Products™ Expands Partnership with Alexandria Moulding for Versetta Stone® Distribution HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE:WLK), today announced an expanded partnership with Alexandria Moulding, a leading moulding manufacturer and distributor of specialty building products in North America. To strengthen Westlake Royal's distribution in Canada, Alexandria Moulding will now stock and distribute Versetta Stone®, a mortarless, cement-based stone veneer siding panel, at its locations in Alexandria, Ontario, Calgary,. businesswire.com - 5 days ago
Westlake Corporation (WLK) Q3 2024 Earnings Call Transcript Westlake Corporation (NYSE:WLK ) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants John Zoeller - Vice President and Treasurer Albert Chao - Executive Chairman Jean-Marc Gilson - President and CEO Steve Bender - Executive Vice President and CFO Conference Call Participants Eric Zhang - Citi Duffy Fisher - GS Bhavesh Lodaya - BMO Capital Markets Ryan Weis - KeyBanc Capital Markets Frank Mitsch - Fermium Research John Roberts - Mizuho Group Matt Hettwer - Vertical Research Partners Chris Perrella - UBS Arun Viswanathan - RBC Capital Markets Michael Leithead - Barclays Turner Hinrichs - Morgan Stanley Operator Good morning, ladies and gentlemen. Thank you for standing by. seekingalpha.com - 1 week ago
Here's What Key Metrics Tell Us About Westlake (WLK) Q3 Earnings The headline numbers for Westlake (WLK) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 1 week ago
Westlake Chemical (WLK) Lags Q3 Earnings and Revenue Estimates Westlake Chemical (WLK) came out with quarterly earnings of $1.41 per share, missing the Zacks Consensus Estimate of $2.12 per share. This compares to earnings of $2.20 per share a year ago. zacks.com - 1 week ago
Westlake Chemical Partners LP Announces Third Quarter 2024 Results HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the third quarter of 2024 of $18.1 million, or $0.51 per limited partner unit, an increase of $4.9 million compared to the third quarter 2023 net income of $13.2 million. Cash flows from operating activities in the third quarter of 2024 were $126.1 million, an increase of $25.2 million compared to third quarter 2023 cash flows from operating activ. businesswire.com - 1 week ago
Westlake Corporation Reports Third Quarter 2024 Results HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced third quarter 2024 results. SUMMARY FINANCIAL HIGHLIGHTS (in millions of dollars, except per share data and percentages)     Three Months Ended September 30, 2024   Three Months Ended June 30, 2024   Three Months Ended September 30, 2023               Westlake Corporation             Net sales   $ 3,117     $ 3,207     $ 3,115   Income from operations   $ 180     $ 406     $ 349   Net income. businesswire.com - 1 week ago
Westlake Chemical Partners: A Value Investor's Dream With Superb Dividend WLKP's primary business revolves around its long-term Ethylene Sales Agreement with Westlake Corporation, which guarantees that Westlake purchases 95% of WLKP's ethylene production at a fixed margin. The company offers a solid dividend track record with a 12-month yield of 8.45% and consistent growth, providing stability for investors. Despite the cyclical nature of the petrochemical sector, WLKP's fixed-margin structure and operational efficiency offer a low-risk investment opportunity. Modest debt level and strong liquidity position is a plus. seekingalpha.com - 1 week ago
Exploring Analyst Estimates for Westlake (WLK) Q3 Earnings, Beyond Revenue and EPS Besides Wall Street's top -and-bottom-line estimates for Westlake (WLK), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024. zacks.com - 2 weeks ago
Westlake Royal Building Products™ Bolsters Newpoint™ Concrete Roof Tile Operations, Capacity in Florida to Meet Regional Demand HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (Westlake Royal), a Westlake company (NYSE:WLK), has announced a strategic investment initiative to enhance operations and capacity of Newpoint™ Concrete Roof Tile, the durable roofing system known for its superior strength and lasting beauty, in the state of Florida. As part of the effort, the company is enhancing two of its Florida manufacturing facilities, making significant advancements and capital improvements to address burgeonin. businesswire.com - 2 weeks ago
Westlake Chemical Partners LP Announces Third Quarter 2024 Distribution HOUSTON--(BUSINESS WIRE)--The Board of Directors of Westlake Chemical Partners GP LLC, the general partner of Westlake Chemical Partners LP (the "Partnership") (NYSE:WLKP), has declared a distribution of $0.4714 per unit. This is the 41st quarterly distribution announced by the Partnership since its initial public offering. The distribution will be payable on November 27, 2024, to unit holders of record on November 12, 2024. This release is intended to be a qualified notice under Treasury Regul. businesswire.com - 2 weeks ago
8. Profile Summary

Westlake Corporation WLK

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COUNTRY US
INDUSTRY Chemicals - Specialty
MARKET CAP $ 16.3 B
Dividend Yield 0.35%
Description Westlake Corporation manufactures and supplies petrochemicals, polymers, and building products worldwide. It operates through two segments, Performance and Essential Materials; and Housing and Infrastructure Products. The Performance and Essential Materials segment manufactures and markets polyethylene, styrene monomer, ethylene co-products, PVC, VCM, ethylene dichloride chlor-alkali, and chlorinated derivative products. The Housing and Infrastructure Products segment manufactures and sells residential PVC siding; PVC trim and moldings; roofing applications; decorative stone; windows; PVC decking; PVC films for various inflatables, wallcovering, tape, and roofing applications; polymer composite roof tiles; PVC pipe and fittings; PVC compounds; and various consumer and commercial products such as landscape edging; industrial, home and office matting; marine dock edging; and masonry joint controls. The company offers its products to a range of customers, including chemical processors, plastics fabricators, small construction contractors, municipalities, and supply warehouses for use in various consumer and industrial markets, including residential construction, flexible and rigid packaging, automotive products, healthcare products, water treatment, and coatings, as well as other durable and non-durable goods. The company was formerly known as Westlake Chemical Corporation and changed its name to Westlake Corporation in February 2022. The company was founded in 1986 and is headquartered in Houston, Texas. Westlake Corporation is a subsidiary of TTWF LP.
Contact 2801 Post Oak Boulevard, Houston, TX, 77056 https://www.westlake.com
IPO Date Aug. 12, 2004
Employees 15520
Officers Mr. Jeffrey A. Holy Vice President & Chief Accounting Officer Mr. Johnathan Stevan Zoeller Vice President & Treasurer Mr. Jean-Marc Gilson President & Chief Executive Officer Mr. Mark Steven Bender CPA Executive Vice President & Chief Financial Officer Mr. James Y. Chao Executive Chairman of the Board Mr. Robert F. Buesinger Executive Vice President of Housing, Infrastructure Products, IT & Digital Lawrence Schubert Vice President of Corporate Development & Sustainability Mr. Thomas J. Janssens Senior Vice President of Operations, PEM & Corporate Logistics