Chao Albert sold $3.1M of WLK
Chao Albert (Executive Chairman) sold 38,873 shares of WESTLAKE CORP (WLK) at an average of $80.28 ($79.70–$80.42, $3.12M total) across 2 trades on 2026-08-11.
WESTLAKE CORP
No enriched coverage for $WLK in the last 7 days.
Chao Albert (Executive Chairman) sold 38,873 shares of WESTLAKE CORP (WLK) at an average of $80.28 ($79.70–$80.42, $3.12M total) across 2 trades on 2026-08-11.
Westlake (WLK) reported Q2 2026 net sales of $3.3 billion, up from $3.0 billion a year earlier, and EBITDA of $679 million versus $340 million. The company cited $150 million of 3-pillar plan benefits and guided full-year HIP revenue of $4.4 to $4.6 billion and HIP EBITDA margin of 19% to 21%. Debt was reduced by $500 million.
Westlake Corp. (NYSE: WLK) discussed Q2 results and outlook on an earnings call. PEM volumes rose 2% QoQ, while polyethylene and PVC pricing trends were described. The company said its profitability plan added about $150M to Q2 and $300M to H1 EBITDA, targeting $600M in 2026. HIP sales were $1.3B (+8% YoY) with EBITDA $276M. 2026 guidance and capital allocation were also updated.
Recent WLK coverage spans earnings, financial news and mergers & acquisitions.
In the last 30 days, WLK insiders filed 2 SEC Form 4 transactions — no purchases and 2 sales ($3.1M). The most active reporter was Chao Albert, Executive Chairman, with 2 filings.
The filing is a same-day insider sale, which can modestly affect sentiment but does not change fundamentals by itself.
Guidance skewed to the lower end plus margin pressure from muted residential construction, partially offset by higher pricing and debt reduction.
The call highlights margin pressure and a more cautious 2026 HIP outlook, increasing downside risk to earnings expectations.
Dismissal helps reduce legal overhang tied to this specific claim.
The filing is a positive fundamental update, highlighting profitability improvement, debt reduction, and improved liquidity via a longer-dated revolver.
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.
Chao Albert (Executive Chairman) sold 38,873 shares of WESTLAKE CORP (WLK) at an average of $80.28 ($79.70–$80.42, $3.12M total) across 2 trades on 2026-08-11.
1 min readWestlake (WLK) reported Q2 2026 net sales of $3.3 billion, up from $3.0 billion a year earlier, and EBITDA of $679 million versus $340 million. The company cited $150 million of 3-pillar plan benefits and guided full-year HIP revenue of $4.4 to $4.6 billion and HIP EBITDA margin of 19% to 21%. Debt was reduced by $500 million.
8 min readWestlake Corp. (NYSE: WLK) discussed Q2 results and outlook on an earnings call. PEM volumes rose 2% QoQ, while polyethylene and PVC pricing trends were described. The company said its profitability plan added about $150M to Q2 and $300M to H1 EBITDA, targeting $600M in 2026. HIP sales were $1.3B (+8% YoY) with EBITDA $276M. 2026 guidance and capital allocation were also updated.
4 min readBusiness Watch reports Middle East petrochemical firms Sabic and Borouge posted strong Q2 results despite the Strait of Hormuz disruption, citing rerouted shipments and facility repairs. It also notes a Dutch court rejected Shell’s about $1 billion ethylene-damages claim. Lenzing plans to shutter Austrian and UK lyocell plants, and GAIL will expand gas-based fertilizer output with RCF.
9 min readWESTLAKE CORP (WLK) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 ex991_20260630earningsrele.htm EX-99.1 Document EXHIBIT 99.1 WESTLAKE CORPORATION Contact—(713) 960-9111 Investors—Jonathan Baksht Media—L. Benjamin Ederington Westlake Corporation Reports Second Quarter 2026 Results • Significant improvement in net income and EBITDA fr
6 min readWestlake Corporation (NYSE: WLK) reported Q2 2026 net sales of $3.3B, net income of $260M ($2.01/share), and EBITDA of $679M. The company said results improved versus Q1 2026 and Q2 2025, supported by PEM pricing and HIP volume. Westlake reduced debt by $500M, returned $99M to shareholders, and outlined a $600M operating income benefit plan.
6 min readThe EPA rule update for hazardous air pollutants (HON, finalized in 2024) requires many chemical plants to cut emissions and conduct fenceline monitoring for toxins including ethylene oxide and chloroprene. Trump granted two-year exemptions to Westlake Vinyls (Calvert City) and Zeon Chemicals (Louisville) plus 18 others, citing burdens and lack of viable technology. EPA data show Westlake Vinyls 2024 emissions including 1,324.97 lbs ethylene oxide and 21,106.01 lbs ethylene dichloride.
6 min readWestlake Corp (NYSE:WLK) completed, via its German unit Westlake Vinnolit GmbH & Co. KG, the acquisition of a chlorovinyl production site in Wilhelmshaven, Germany. The facility could produce 380,000 metric tons of PVC annually, expanding Westlake’s European and North American footprint. Mizuho reiterated Neutral but cut its price target to $88 from $110.
3 min readWestlake Corporation (NYSE: WLK) said its German subsidiary, Westlake Vinnolit GmbH Co. KG, completed the acquisition of a PVC and vinyl chloride monomer production site in Wilhelmshaven, Germany. The plant, previously under insolvency administration, has capacity to produce 380,000 metric tons of PVC annually. Westlake said the deal expands its chlorovinyls footprint in Europe and North America.
4 min readWestlake Corporation's stockholders approved the election of five directors, the advisory "say-on-pay" proposal for named executive officers' compensation, and the ratification of PricewaterhouseCoopers LLP as the independent auditor for the fiscal year ending December 31, 2026. The votes for directors ranged from 116 million to 122 million shares, while executive compensation received overwhelming support with over 121 million votes for, and the auditor's appointment was ratified with over 124 million votes in favor. This information was reported in an 8-K SEC filing following their annual meeting held on May 14, 2026.
2 min read