Westlake Chemical Corp.

Westlake Chemical operates as a manufacturer and marketer of basic chemicals, vinyls, polymers and building products. The company operates in two operating segments: Olefins, which manufactures and markets polyethylene, styrene monomer and various ethylene co-products; and Vinyls, which manufactures and markets polyvinyl chloride (PVC), vinyl chloride monomer, ethylene dichloride, chlor-alkali (chlorine and caustic soda), chlorinated derivative products and ethylene, as well as manufactures and sells building products fabricated from PVC, including residential siding, trim and mouldings, pipe and fittings for various water, sewer and industrial applications, and profiles for windows and doors.
  • TickerWLK
  • ISINUS9604131022
  • ExchangeNew York Stock Exchange
  • SectorChemicals
  • CountryUnited States

Westlake Chemical Corporation: Resilience in 2020 and expected improvement in 2021 drive return to stable outlook; cash balance is hearty

Our credit view of Westlake Chemical, reflecting its status as a global producer in chlor-alkali and PVC, constrained by its near-term cyclical margin compression.

Valens Research

Valens Equity Insights and Inflections - 2021 03 02

Current market expectations for II-VI Incorporated (IIVI) don't comprehend the company's macro tailwinds. Markets expect UAFRS-based (Uniform) ROA (ROA') to fall back towards historical trough levels, even as analysts are forecasting significant ROA' recovery, in line with the tailwinds from its exposure to 5G investment, the Internet of Things, and autonomous vehicle investment. The company supplies the technology that allows these big macro tailwinds to continue to take off, and in the case of autonomous vehicles, are essential to any success at all. As booming demand accelerates in these e...

Valens Research

WLK - Embedded Expectations Analysis - 2021 02 26

The Westlake Chemical Corporation (WLK:USA) currently trades at a recent high relative to UAFRS-based (Uniform) earnings, with a 30.0x Uniform P/E. At these levels, the market has expectations for profitability to remain stable, but management may be concerned about sales volume growth for Olefins and Vinyls, the recovery of caustic soda demand, and their idle facilities Specifically, management may lack confidence in their ability to maintain sales volume growth in Olefins and Vinyls, expand their styrene business, and leverage tunneling methodologies to reduce the need to replace undergroun...

Westlake Chemical Corp: 2 directors sold after exercising options/sold

Two Directors at Westlake Chemical Corp sold after exercising options/sold 34,455 shares at between 86.935USD and 86.958USD. The significance rating of the trade was 75/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading acti...

WESTLAKE CHEMICAL sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of WESTLAKE CHEMICAL (US), active in the Speciality Chemicals industry. As regards its fundamental valuation, the title now shows 2 out of 4 stars while market behaviour can be considered risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date January 26, 2021, the closing price was USD 78.89 and its target price was estimated at USD 58.60.

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  • Ross LaDuke

Vermilion Booster Shots: Attractive bottom-fishing stocks

For investors looking for bottom-fishing candidates; stocks that are breaking downtrends, exhibiting ascending reaction lows, and showing stabilizing relative strength.

Dave Nicoski ...
  • Ross LaDuke

Vermilion Booster Shots: Attractive bottom-fishing stocks

For investors looking for bottom-fishing candidates; stocks that are breaking downtrends, exhibiting ascending reaction lows, and showing stabilizing relative strength.

Westlake Chemical Corp: 2 directors sold after exercising options/sold

Two Directors at Westlake Chemical Corp sold after exercising options/sold 34,455 shares at between 86.935USD and 86.958USD. The significance rating of the trade was 75/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading acti...

Valens Research

Valens Equity Insights and Inflections - 2021 03 02

Current market expectations for II-VI Incorporated (IIVI) don't comprehend the company's macro tailwinds. Markets expect UAFRS-based (Uniform) ROA (ROA') to fall back towards historical trough levels, even as analysts are forecasting significant ROA' recovery, in line with the tailwinds from its exposure to 5G investment, the Internet of Things, and autonomous vehicle investment. The company supplies the technology that allows these big macro tailwinds to continue to take off, and in the case of autonomous vehicles, are essential to any success at all. As booming demand accelerates in these e...

Valens Research

WLK - Embedded Expectations Analysis - 2021 02 26

The Westlake Chemical Corporation (WLK:USA) currently trades at a recent high relative to UAFRS-based (Uniform) earnings, with a 30.0x Uniform P/E. At these levels, the market has expectations for profitability to remain stable, but management may be concerned about sales volume growth for Olefins and Vinyls, the recovery of caustic soda demand, and their idle facilities Specifically, management may lack confidence in their ability to maintain sales volume growth in Olefins and Vinyls, expand their styrene business, and leverage tunneling methodologies to reduce the need to replace undergroun...

MarketLine Department

LyondellBasell Industries N.V. - Strategy, SWOT and Corporate Finance Report

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Avient Corporation - Strategy, SWOT and Corporate Finance Report

Summary Avient Corporation - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Avient Corporation (Avient), formerly PolyOne Corporation, is a leading global provider of specialized polymer materials, services and solutions. It offers products to various sectors including appliances, packaging, textiles, healthcare, electrical and electronics, construction and trans...

MarketLine Department

LyondellBasell Industries NV - Mergers & Acquisitions (M&A), Partnerships & Alliances And Investments

Summary Marketline's LyondellBasell Industries NV Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by LyondellBasell Industries NV since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its comp...

Westlake Chemical Corporation: Resilience in 2020 and expected improvement in 2021 drive return to stable outlook; cash balance is hearty

Our credit view of Westlake Chemical, reflecting its status as a global producer in chlor-alkali and PVC, constrained by its near-term cyclical margin compression.

Westlake Chemical Corporation - September 2020 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Moody's announces completion of a periodic review of ratings of Westlake Chemical Corporation

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Westlake Chemical Corporation. Global Credit Research- 07 Oct 2020. New York, October 07, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Westlake Chemical Corporation and other ratings that are associated with the same analytical unit.

Westlake Chemical Corporation - June 2020 (LTM): Peer Snapshot

Peer Snapshot:  Westlake Chemical Corporation - June 2020 (LTM) 1 September 2020 (in US millions) FYE Dec-18 FYE Dec-19 LTM Jun-20 FYE Dec-18 FYE Dec-19 LTM Jun-20 FYE Dec-18 FYE Dec-19 LTM Jun-20

Moody's assigns Baa2 rating to Westlake's new notes

Rating Action: Moody's assigns Baa2 rating to Westlake's new notes. Global Credit Research- 09 Jun 2020. New York, June 09, 2020-- Moody's Investors Service assigned a Baa2 rating to Westlake Chemical Corporation's proposed $300 million senior unsecured notes.

WESTLAKE CHEMICAL sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of WESTLAKE CHEMICAL (US), active in the Speciality Chemicals industry. As regards its fundamental valuation, the title now shows 2 out of 4 stars while market behaviour can be considered risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date January 26, 2021, the closing price was USD 78.89 and its target price was estimated at USD 58.60.

Ford Equity US Rating and Forecast Report

Ford Equity Research covers more than 4,000 stocks using a proprietary quantitative model that evaluates a company’s earnings strength, its relative valuation and recent price movement. Ford’s five recommendation ratings include strong buy, buy, hold, sell, strong sell. For all stocks in our coverage universe, ratings are generated each week and reflect the fundamental and price data as of the last trading day of the week.

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