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Westlake Chemical Corp (WLK.N)

WLK.N on New York Stock Exchange

107.86USD
22 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Westlake Chemical Announces Optional Redemption Of $450 Million Of Senior Notes
Monday, 19 Mar 2018 06:30am EDT 

March 19 (Reuters) - Westlake Chemical Corp ::WESTLAKE CHEMICAL ANNOUNCES OPTIONAL REDEMPTION OF $450 MILLION OF SENIOR NOTES.WESTLAKE CHEMICAL - ‍WILL USE CASH ON HAND AND BORROWINGS UNDER ITS REVOLVING CREDIT FACILITY TO FUND REDEMPTION PRICE FOR 2023 NOTES​.  Full Article

Westlake Chemical Corp Announces Q4 Earnings Per Share $6.15
Tuesday, 20 Feb 2018 06:30am EST 

Feb 20 (Reuters) - Westlake Chemical Corp ::ORATION ANNOUNCES RECORD 2017 FOURTH QUARTER AND FULL YEAR RESULTS.Q4 EARNINGS PER SHARE $6.15.Q4 SALES $2.01 BILLION.OLEFINS SEGMENT REPORTED INCOME FROM OPERATIONS OF $166 MILLION IN Q4 OF 2017, AN INCREASE OF $17 MILLION FROM LAST YEAR.VINYLS SEGMENT REPORTED INCOME FROM OPERATIONS FOR Q4 OF 2017 OF $216 MILLION, WHICH INCREASED BY $178 MILLION FROM LAST YEAR.Q4 REVENUE VIEW $2.05 BILLION -- THOMSON REUTERS I/B/E/S.WESTLAKE CHEMICAL - NET INCOME FOR Q4 INCLUDED A ONE-TIME, NON-CASH TAX BENEFIT OF APPROXIMATELY $591 MILLION, OR $4.53 PER DILUTED SHARE.Q4 EARNINGS PER SHARE VIEW $1.68 -- THOMSON REUTERS I/B/E/S.  Full Article

Westlake Chemical To Expand Chlor-Alkali, PVC And VCM Capacities At Facilities In Germany And Louisiana
Monday, 19 Feb 2018 10:55pm EST 

Feb 19 (Reuters) - Westlake Chemical Corp ::WESTLAKE CHEMICAL TO EXPAND CHLOR-ALKALI, PVC AND VCM CAPACITIES AT FACILITIES IN GERMANY AND LOUISIANA.EXPANSION PROJECTS TO ADD ABOUT 750 MILLION POUNDS ANNUALLY OF ADDITIONAL PVC, ABOUT 200 MILLION POUNDS ANNUALLY OF ADDITIONAL VCM TO PRODUCTION.EXPANSIONS IN BURGHAUSEN AND GEISMAR EXPECTED TO BE COMPLETED IN 2019, GENDORF EXPANSIONS EXPECTED TO BE COMPLETED IN 2020 AND 2021.  Full Article

Westlake Chemical announces pricing of reoffering of tax-exempt bonds
Tuesday, 21 Nov 2017 05:47pm EST 

Nov 21 (Reuters) - Westlake Chemical Corp :Westlake Chemical announces pricing of reoffering of tax-exempt bonds.Westlake Chemical Corp - ‍pricing of reoffering of tax-exempt bonds of $250.0 million aggregate principal amount of due 2032​.Westlake Chemical Corp - ‍2017 revenue refunding bonds will bear interest at 3.50% per annum & will mature on Nov 1, 2032​.  Full Article

Westlake Chemical announces pricing of offering of senior notes
Monday, 13 Nov 2017 05:25pm EST 

Nov 13 (Reuters) - Westlake Chemical Corp :Westlake Chemical announces pricing of offering of senior notes.Westlake Chemical - ‍priced previously announced underwritten public offering of $500.0 million principal amount of senior unsecured notes due 2047​.  Full Article

Westlake Chemical announces proposed offering of senior notes
Monday, 13 Nov 2017 08:52am EST 

Nov 13 (Reuters) - Westlake Chemical Corp :Westlake Chemical announces proposed offering of senior notes.  Full Article

Westlake Chemical Corp reports Q3 earnings per share $1.61
Tuesday, 7 Nov 2017 06:30am EST 

Nov 7 (Reuters) - Westlake Chemical Corp :Westlake Chemical Corporation announces record third quarter 2017 earnings.Q3 earnings per share $1.61.Q3 sales $2.109 billion versus I/B/E/S view $2.05 billion.Q3 earnings per share view $1.45 -- Thomson Reuters I/B/E/S.Westlake Chemical Corp - ‍Q3 of 2017 was negatively impacted by $6.7 million in transaction and integration-related costs, or $0.03 per diluted share​.  Full Article

Westlake Chemical Corp announces 10 pct increase in qtrly dividend
Monday, 21 Aug 2017 06:30am EDT 

Aug 21 (Reuters) - Westlake Chemical Corp :Westlake Chemical Corporation announces 10% increase in quarterly dividend.Increases regular quarterly dividend by 10 percent to $0.21 per share.  Full Article

Westlake Chemical Q2 earnings per share $1.17
Thursday, 3 Aug 2017 06:30am EDT 

Aug 3 (Reuters) - Westlake Chemical Corp :Westlake chemical corporation announces second quarter 2017 earnings.Q2 earnings per share $1.17.Q2 sales $1.979 billion versus i/b/e/s view $2 billion.Q2 earnings per share view $1.26 -- Thomson Reuters I/B/E/S.Westlake chemical corp - olefins segment reported income from operations of $143.3 million in q2 of 2017, an increase of $2.7 million from q2 2016.Westlake chemical corp - vinyls segment income from operations of $143.3 million in q2 of 2017 increased by $91.1 million from q2 2016.  Full Article

Westlake Chemical Corp reports Q1 earnings per share $1.06
Tuesday, 2 May 2017 06:30am EDT 

May 2 (Reuters) - Westlake Chemical Corp : :Westlake chemical corporation announces first quarter 2017 earnings.Q1 earnings per share $1.06.Q1 sales $1.943 billion versus I/B/E/S view $1.79 billion.Q1 earnings per share view $0.83 -- Thomson Reuters I/B/E/S.Westlake Chemical -Olefins segment reported income from operations of $179.8 million in q1 of 2017, an increase of $30.6 million compared to $149.2 million in Q1 of 2016.Westlake Chemical Corp- Vinyls segment reported income from operations of $71.4 million in Q1 of 2017, an increase of $9.3 million.Westlake Chemical Corp- "We also remain focused on our integration activities and are on track to capture significant synergies in 2017".  Full Article