WESTLAKE CORP
Westlake is a vertically integrated global manufacturer and marketer of housing and infrastructure products and performance and essential materials for consumer and industrial markets, including residential construction, packaging, automotive, healthcare, water treatment and wind energy. It operates two principal segments: Housing and Infrastructure Products (HIP) and Performance and Essential Materials (PEM). HIP products include siding, trim, stone, roofing, windows, outdoor living products, PVC pipe and fittings, compounds and recycled-material products. PEM makes ethylene, polyethylene, chlor-alkali products, chlorinated derivatives, PVC and epoxy materials. Westlake earns money by selling these products to customers, including building-material distributors and contractors, manufacturers and other industrial customers. It sells some materials externally and uses others in its downstream manufacturing operations. Its products are marketed through its sales force and distributors, with shipments made directly to customers or through third-party terminals and warehouses. Westlake is headquartered in Houston, Texas.
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No SEC Form 4 filings for $WLK in the last 30 days.
See all $WLK insider activity →Westlake Corporation (WLK) declared a $0.533 per share quarterly dividend for Q3 2026, payable December 10 to shareholders of record November 24. The company has increased its dividend for 22 consecutive years. WLK manufactures materials for industries like housing and automotive, with global operations.
Westlake (WLK) reported a 17% Q3 drop in HIP sales volume, though year-to-date volume rose 8%. European energy costs hurt PEM by $20M. The company expects Q4 HIP revenue of $900M-$1B and targets European profitability by 2027. Westlake cut 2026 capex by $50M and has $2B in cash, $5.1B in debt. Management anticipates continued residential construction weakness and global chemical oversupply.
Citigroup kept its Neutral rating on Westlake but increased its price target to $70 from $67, suggesting a 10.3% upside from the Nov 6 close. Recent analyst price targets for Westlake range from $65 to $81.
Over the past 7 days, AlphAI's AI scored 2 news stories mentioning WLK (WESTLAKE CORP). Coverage has been balanced: 1 bullish, 0 neutral, and 1 bearish.
Recent WLK coverage spans earnings, financial news and corporate actions.
Dividend announcement may provide modest upside pressure as income-focused investors adjust positions.
Guidance below prior expectations and higher cost pressures suggest near‑term downside.
Analyst upgrade may generate modest buying interest.
Analyst target cut suggests weaker outlook for Westlake.
The strong Q3 performance and upbeat 2026 capex and revenue guidance suggest improved margins and growth potential.
AlphAI scores every news story that mentions WLK with an AI model for sentiment and relevance, and aggregates insider trades from WESTLAKE CORP's SEC EDGAR Form 4 filings. Figures refresh continuously.
Westlake Corporation (WLK) declared a $0.533 per share quarterly dividend for Q3 2026, payable December 10 to shareholders of record November 24. The company has increased its dividend for 22 consecutive years. WLK manufactures materials for industries like housing and automotive, with global operations.
Westlake (WLK) reported a 17% Q3 drop in HIP sales volume, though year-to-date volume rose 8%. European energy costs hurt PEM by $20M. The company expects Q4 HIP revenue of $900M-$1B and targets European profitability by 2027. Westlake cut 2026 capex by $50M and has $2B in cash, $5.1B in debt. Management anticipates continued residential construction weakness and global chemical oversupply.
Citigroup kept its Neutral rating on Westlake but increased its price target to $70 from $67, suggesting a 10.3% upside from the Nov 6 close. Recent analyst price targets for Westlake range from $65 to $81.
UBS kept its Buy rating on Westlake but reduced its price target to $81 from $86, citing a 22.2% upside from the Nov 5 close. Recent analyst targets range from $65 to $74.
Westlake (WLK) forecasts 2026 capex of $850M and Q4 HIP revenue of $900M-$1B. Q3 EBITDA was $408M, free cash flow $220M, driven by improved margins in the PEM segment, according to CEO Jean-Marc Gilson.
Westlake Chemical Partners LP reported Q3 2026 net income growth due to higher production and sales volumes. Distributable cash flow rose to $18 million, with a trailing 12-month coverage ratio of 1.09x. Management expects modest benefits from rising ethylene prices in Q4 2026 and plans to begin renegotiating the Ethylene Sales Agreement next year. The company maintains a conservative leverage ratio of 1x and has sustained distributions for 49 consecutive quarters.
Westlake reported Q3 2026 revenue of $2.98B, up 5% YoY, with net income of $6M and EPS of $0.05, reversing a prior-year loss. Sales growth was driven by higher prices, while volumes declined 1%. The company acquired a metal roofing business and plans to close its Cologne PVC plant by 2027.
WESTLAKE CORP (WLK) filed an SEC Form 8-K — Results of Operations and Financial Condition. EXHIBIT 99.1 WESTLAKE CORPORATION Contact—(713) 960-9111 Investors—Jeff Holy Media—L. Benjamin Ederington Westlake Corporation Reports Third Quarter 2026 Results HOUSTON, Nov. 04, 2026 (GLOBE NEWSWIRE) --Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announc
Westlake Corporation (WLK) completed a PVCO pipe plant in Texas, its largest investment in a Housing & Infrastructure Products facility. The 190,000 sq. ft. plant expands North American PVCO pipe production. WLK operates 24 locations across North America, serving various markets.
Westlake Corporation's average stock price target was reduced by analysts from $77.67 to $76.78, with a range of $65 to $100. This implies a 19% upside from the Oct. 23 closing price. The consensus rating remains 'Buy' among 22 analysts, with 9 Buys, 11 Holds, and 2 Sells.
