MARKET COMPOSITE
WLK - Westlake Chemical Corp8:00:01 PM 4/19/2024
Price
$150.76
+ 1.82 (1.22%)
Westlake Chemical Corporation, together with its subsidiaries, manufactures and markets basic chemicals, vinyls, polymers, and building products worldwide. It operates through two segments, Olefins and Vinyls. The Olefins segment offers polyethylene, styrene monomers, and various ethylene co-products, as well as sells propylene, crude butadiene, pyrolysis gasoline, and hydrogen products. The Vinyls segment provides specialty and commodity polyvinyl chloride (PVC), vinyl chloride monomers, ethylene dichloride, chlorine, caustic soda, chlorinated derivative, and ethylene products. This segment also manufactures and sells PVC compounds and building products fabricated from PVC, including residential siding, trim and moulding, pipe and fittings for various water, sewer and industrial applications, profiles for windows and doors, decking products, film for various inflatables, wall covering tapes, roofing applications, and composite roof tiles. Westlake Chemical Corporation offers its products to a range of customers, including chemical processors, plastics fabricators, small construction contractors, municipalities, and supply warehouses in various consumer and industrial markets, such as flexible and rigid packaging, automotive products, coatings, water treatment, refrigerants, and residential and commercial construction, as well as other durable and non-durable goods. The company was founded in 1986 and is headquartered in Houston, Texas. Westlake Chemical Corporation is a subsidiary of TTWF LP.
Financials
Quarterly financials
(USD)Sep 2023Q/Q
Revenue3.1B-4%
Gross Profit586MM-9%
Cost Of Revenue2.5B-3%
Operating Income349MM-12%
Operating Expenses237MM-
Net Income285MM-4%
G&A206MM-3%
Amortization31MM+3%
Interest Expense40MM-5%
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