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Westlake Chemical Corp (WLK.N)

WLK.N on New York Stock Exchange

65.60USD
29 Mar 2017
Change (% chg)

$0.15 (+0.23%)
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$65.45
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Volume
98,869
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Latest Key Developments (Source: Significant Developments)

Westlake Chemical posts Q4 earnings per share $0.76
Tuesday, 21 Feb 2017 06:45am EST 

Westlake Chemical Corp : Westlake Chemical Corporation announces fourth quarter and full year 2016 results . Q4 earnings per share $0.76 . Q4 sales $1.735 billion versus I/B/E/S view $1.76 billion . Q4 earnings per share view $0.80 -- Thomson Reuters I/B/E/S . Westlake Chemical Corp - Vinyls segment reported income from operations of $37.6 million in Q4 of 2016, a decrease of $14.0 million . Westlake Chemical Corp - Olefins segment reported income from operations of $149.5 million in Q4 of 2016, an increase of $10.8 million . Westlake Chemical Corp says "believe global demand trends are favorable for our products" .Westlake Chemical says "we are positioned to benefit from improving commodity prices which are supported by continued recovery in crude oil prices".  Full Article

Westlake Chemical provides statement on final regulations
Thursday, 19 Jan 2017 07:30pm EST 

Westlake Chemical Corp : Westlake Chemical Partners LP statement on final regulations relating to its qualifying income activities .Says final regulations issued today by IRS and treasury uphold Westlake's private letter ruling.  Full Article

Westlake Chemical concludes revolving credit agreement
Wednesday, 24 Aug 2016 06:45am EDT 

Westlake Chemical Corp : Westlake Chemical concludes revolving credit agreement . Completion of a new $1 billion unsecured revolving credit agreement . Says completion of a new $1 billion unsecured revolving credit agreement .New revolving credit facility will have 5 year maturity date and replaces previous asset-based revolving facility which has been terminated.  Full Article

Westlake Chemical sets qrly dividend of $0.1906 per share
Friday, 19 Aug 2016 06:45am EDT 

Westlake Chemical Corp :Sets quarterly dividend of $0.1906 per share.  Full Article

Westlake Chemical provides update on pending acquisition of Axiall Corporation
Wednesday, 17 Aug 2016 06:52am EDT 

Axiall Corp : Westlake Chemical provides an update on the pending acquisition of Axiall Corporation . Axiall and Westlake have received all regulatory approvals required for transaction .Axiall Corp says assuming Axiall shareholders approve transaction at that meeting, closing is expected to occur on August 31, 2016.  Full Article

Westlake announces pricing of $750 mln senior notes due 2026
Wednesday, 3 Aug 2016 04:59pm EDT 

Westlake Chemical Corp : Westlake announces pricing of $750,000,000 of senior notes due 2026 and $700,000,000 of senior notes due 2046 .2026 notes will bear interest at a rate of 3.600 pct per annum..  Full Article

Westlake Chemical proposes offering senior notes
Wednesday, 3 Aug 2016 08:52am EDT 

Westlake Chemical Corp : Westlake announces proposed offering of senior notes .Intends to use proceeds to finance previously announced proposed acquisition of Axiall corporation.  Full Article

Westlake Chemical Corp Q2 earnings per share $0.85
Thursday, 28 Jul 2016 04:15pm EDT 

Westlake Chemical Corp : Westlake Chemical Corporation announces second quarter 2016 earnings . Q2 earnings per share $0.85 . Q2 sales $1.086 billion versus I/B/E/S view $1.06 billion .Q2 earnings per share view $0.96 -- Thomson Reuters I/B/E/S.  Full Article

Westlake Chemical restarts plant in Calvert City, Kentucky
Monday, 18 Jul 2016 08:30am EDT 

Westlake Chemical Corp : Westlake Chemical Corporation, its subsidiaries and affiliates, have declared force majeure at Calvert City complex due to this incident . Westlake Chemical restarts plant in Calvert City, Kentucky . Approximate $40 million impact of outage will affect both second and Q3 financial results, with nearly half of this amount impacting Q3 .Restart follows an unexpected shut down that occurred on June 1, 2016 as a result of a mechanical failure of ethylene unit.  Full Article

Axiall to pay Westlake termination fee of $77.7 mln if merger terminated
Monday, 13 Jun 2016 04:30pm EDT 

Axiall Corp : If merger terminated, company to pay Westlake a termination fee in amount of $77.7 million Source: (http://1.usa.gov/1XT2cJO ) Further company coverage: [AXLL.N] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

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BRIEF-Westlake Chemical posts Q4 earnings per share $0.76

* Westlake Chemical Corporation announces fourth quarter and full year 2016 results