WLK RSI Chart
Last 7 days
3.8%
Last 30 days
-2.1%
Last 90 days
8.5%
Trailing 12 Months
31.1%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 12.2B | 0 | 0 | 0 |
2023 | 15.1B | 13.9B | 13.0B | 12.5B |
2022 | 13.5B | 15.1B | 16.0B | 15.8B |
2021 | 7.9B | 9.1B | 10.2B | 11.8B |
2020 | 8.0B | 7.6B | 7.4B | 7.5B |
2019 | 8.5B | 8.4B | 8.2B | 8.1B |
2018 | 8.2B | 8.5B | 8.7B | 8.6B |
2017 | 6.0B | 6.9B | 7.8B | 8.0B |
2016 | 4.3B | 4.2B | 4.3B | 5.1B |
2015 | 4.5B | 4.7B | 4.6B | 4.5B |
2014 | 3.9B | 4.0B | 4.2B | 4.4B |
2013 | 3.4B | 3.4B | 3.6B | 3.8B |
2012 | 3.8B | 3.8B | 3.6B | 3.6B |
2011 | 3.3B | 3.4B | 3.6B | 3.6B |
2010 | 2.5B | 2.7B | 3.0B | 3.2B |
2009 | 0 | 0 | 0 | 2.3B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
May 03, 2024 | bender mark steven | sold | -753,340 | 152 | -4,950 | evp & cfo |
Mar 28, 2024 | chao james | gifted | - | - | -36,632 | chairman |
Mar 21, 2024 | zoeller johnathan stevan | back to issuer | -98,921 | 150 | -657 | vp and cao |
Mar 21, 2024 | zoeller johnathan stevan | acquired | 65,698 | 99.9978 | 657 | vp and cao |
Mar 15, 2024 | buesinger robert f. | sold | -560,371 | 144 | -3,878 | evp, hip, it & digital |
Mar 13, 2024 | buesinger robert f. | sold | -17,629 | 144 | -122 | evp, hip, it & digital |
Mar 08, 2024 | zoeller johnathan stevan | acquired | 294,050 | 105 | 2,776 | vp and cao |
Mar 08, 2024 | zoeller johnathan stevan | back to issuer | -394,442 | 142 | -2,776 | vp and cao |
Mar 07, 2024 | buesinger robert f. | back to issuer | -1,806,110 | 142 | -12,670 | evp, hip, it & digital |
Mar 07, 2024 | buesinger robert f. | acquired | 1,261,840 | 99.593 | 12,670 | evp, hip, it & digital |
Which funds bought or sold WLK recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 07, 2024 | PANAGORA ASSET MANAGEMENT INC | unchanged | - | 168,808 | 2,008,860 | 0.01% |
May 07, 2024 | Inspire Advisors, LLC | sold off | -100 | -1,234,160 | - | -% |
May 07, 2024 | SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | new | - | 3,253,720 | 3,253,720 | 0.15% |
May 07, 2024 | Legacy Capital Group California, Inc. | reduced | -2.68 | 37,228 | 632,898 | 0.23% |
May 07, 2024 | NEW YORK STATE COMMON RETIREMENT FUND | reduced | -10.03 | -50,000 | 2,747,000 | -% |
May 07, 2024 | Susquehanna Portfolio Strategies, LLC | unchanged | - | 424,182 | 5,047,900 | 0.12% |
May 07, 2024 | QRG CAPITAL MANAGEMENT, INC. | added | 5.46 | 541,930 | 4,123,100 | 0.05% |
May 07, 2024 | Inspire Investing, LLC | reduced | -23.71 | -317,384 | 1,581,790 | 0.16% |
May 07, 2024 | Empowered Funds, LLC | sold off | -100 | -2,375,540 | - | -% |
May 07, 2024 | Illinois Municipal Retirement Fund | unchanged | - | 179,000 | 2,135,000 | 0.03% |
Unveiling Westlake Chemical Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Westlake Chemical Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
APD | 54.8B | 12.2B | 22.19 | 4.51 | ||||
DOW | 41.3B | 43.5B | 32.55 | 0.95 | ||||
CE | 17.8B | 10.9B | 9.07 | 1.63 | ||||
AVTR | 16.5B | 6.9B | 63.41 | 2.4 | ||||
ALB | 15.3B | 8.4B | 45.47 | 1.83 | ||||
EMN | 11.9B | 9.1B | 12.81 | 1.3 | ||||
MID-CAP | ||||||||
CBT | 5.6B | 3.9B | 12.61 | 1.43 | ||||
BCPC | 5.0B | 929.6M | 43.23 | 5.34 | ||||
AVNT | 4.1B | 3.1B | 39.2 | 1.32 | ||||
ARCH | 2.9B | 3.0B | 9.03 | 0.98 | ||||
SMALL-CAP | ||||||||
CCF | 1.2B | 404.0M | 36.59 | 3 | ||||
ASIX | 646.9M | 1.5B | 284.59 | 0.44 | ||||
CMT | 179.5M | 336.4M | 9.85 | 0.53 | ||||
AREC | 99.8M | 16.7M | -8.43 | 5.96 | ||||
AMRS | 3.7M | - | -0.01 | 0.01 |
Westlake Chemical Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 5.3% | 2,975 | 2,826 | 3,115 | 3,251 | 3,356 | 3,299 | 3,956 | 4,483 | 4,056 | 3,507 | 3,055 | 2,859 | 2,357 | 1,965 | 1,898 | 1,709 | 1,932 | 1,883 | 2,066 | 2,144 | 2,025 |
Gross Profit | 134.2% | 466 | 199 | 586 | 642 | 792 | 567 | 776 | 1,445 | 1,285 | 1,096 | 1,018 | 872 | 509 | 323 | 248 | 169 | 283 | 250 | 371 | 340 | 299 |
S&GA Expenses | -6.7% | 209 | 224 | 206 | 213 | 222 | 200 | 215 | 220 | 200 | 168 | 122 | 125 | 136 | 117 | 108 | 104 | 120 | 115 | 110 | 117 | 116 |
EBITDA Margin | -11.5% | 0.14* | 0.16* | 0.22* | 0.21* | 0.25* | 0.26* | 0.29* | 0.33* | 0.33* | 0.31* | 0.29* | 0.24* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -2.4% | 40.00 | 41.00 | 40.00 | 42.00 | 42.00 | 43.00 | 44.00 | 44.00 | 46.00 | 46.00 | 61.00 | 36.00 | 33.00 | 34.00 | 37.00 | 40.00 | 31.00 | 35.00 | 31.00 | 28.00 | 30.00 |
Income Taxes | 167.6% | 48.00 | -71.00 | 70.00 | 70.00 | 109 | 57.00 | 84.00 | 275 | 233 | 184 | 193 | 158 | 72.00 | 33.00 | -15.00 | -19.00 | -41.00 | -12.00 | 50.00 | 39.00 | 31.00 |
Earnings Before Taxes | 141.8% | 233 | -558 | 365 | 377 | 516 | 305 | 496 | 1,148 | 997 | 845 | 813 | 694 | 325 | 156 | 54.00 | 5.00 | 116 | 73.00 | 216 | 168 | 113 |
EBT Margin | -38.6% | 0.03* | 0.06* | 0.12* | 0.12* | 0.16* | 0.19* | 0.22* | 0.25* | 0.25* | 0.23* | 0.19* | 0.14* | - | - | - | - | - | - | - | - | - |
Net Income | 134.2% | 174 | -508 | 285 | 307 | 407 | 221 | 401 | 873 | 764 | 632 | 607 | 536 | 253 | 113 | 57.00 | 24.00 | 157 | 72.00 | 158 | 119 | 72.00 |
Net Income Margin | -45.9% | 0.02* | 0.04* | 0.09* | 0.10* | 0.13* | 0.14* | 0.17* | 0.19* | 0.19* | 0.17* | 0.15* | 0.11* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -135.4% | -103 | 291 | 451 | 315 | 245 | 538 | 629 | 683 | 437 | 513 | 611 | 488 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -0.4% | 20,960 | 21,035 | 21,396 | 20,981 | 20,806 | 20,550 | 20,425 | 20,372 | 19,741 | 18,459 | 17,108 | 14,719 | 14,050 | 13,835 | 13,694 | 13,555 | 14,163 | 13,261 | 13,107 | 12,216 | 12,104 |
Current Assets | -1.3% | 6,526 | 6,609 | 6,757 | 6,296 | 6,146 | 5,973 | 6,101 | 6,013 | 5,405 | 5,263 | 6,435 | 4,445 | 3,734 | 3,477 | 3,381 | 3,165 | 3,768 | 2,742 | 3,482 | 2,595 | 2,627 |
Cash Equivalents | -5.4% | 3,124 | 3,304 | 3,057 | 2,677 | 2,414 | 2,228 | 1,806 | 1,344 | 1,084 | 1,941 | 3,610 | 1,879 | 1,430 | 1,337 | 1,240 | 1,130 | 1,559 | 750 | 1,459 | 431 | 467 |
Inventory | 2.4% | 1,661 | 1,622 | 1,672 | 1,671 | 1,842 | 1,866 | 2,024 | 2,021 | 1,884 | 1,407 | 1,124 | 965 | 955 | 918 | 829 | 845 | 934 | 936 | 906 | 925 | 1,021 |
Net PPE | 0.0% | 8,523 | 8,519 | 8,570 | 8,550 | 8,518 | 8,477 | 8,301 | 8,303 | 8,276 | 7,606 | 6,992 | 6,919 | 6,921 | 6,920 | 6,853 | 6,887 | 6,883 | 6,912 | 6,842 | 6,832 | 6,720 |
Goodwill | -0.2% | 2,037 | 2,041 | 2,161 | 2,167 | 2,167 | 2,161 | 2,143 | 2,139 | 2,140 | 2,024 | 1,253 | 1,085 | 1,082 | 1,083 | 1,075 | 1,070 | 1,065 | 1,074 | 1,069 | 1,079 | 1,047 |
Liabilities | -1.6% | 10,107 | 10,271 | 10,111 | 9,904 | 9,978 | 10,085 | 10,237 | 10,398 | 10,489 | 9,931 | 9,239 | 7,380 | 7,225 | 7,257 | 7,206 | 7,118 | 7,725 | 6,858 | 6,745 | 5,957 | 5,919 |
Current Liabilities | -4.8% | 2,655 | 2,790 | 2,659 | 2,131 | 2,159 | 2,298 | 2,461 | 2,513 | 2,550 | 2,344 | 1,898 | 1,485 | 1,326 | 1,357 | 1,218 | 1,109 | 1,024 | 1,241 | 1,238 | 1,254 | 1,226 |
Long Term Debt | -0.4% | 4,590 | 4,607 | 4,574 | 4,894 | 4,892 | 4,879 | 4,813 | 4,858 | 4,902 | 4,911 | 4,929 | 3,555 | 3,547 | 3,566 | 3,681 | 3,745 | 4,432 | 3,445 | 3,424 | 2,669 | 2,669 |
LT Debt, Current | 0.3% | 300 | 299 | 299 | - | - | - | 6.00 | 10.00 | 264 | 269 | 268 | - | - | - | - | - | - | - | - | - | - |
LT Debt, Non Current | -100.0% | - | 4,607 | 4,574 | 4,894 | 4,892 | 4,879 | 4,813 | 4,858 | 4,902 | 4,911 | 4,929 | 3,555 | 3,547 | 3,566 | 3,681 | 3,745 | 4,432 | 3,445 | 3,424 | 2,669 | 2,669 |
Shareholder's Equity | 6.0% | 10,853 | 10,241 | 10,754 | 11,077 | 10,828 | 9,931 | 10,188 | 9,974 | 9,252 | 8,528 | 7,869 | 7,339 | 6,825 | 6,578 | 6,488 | 6,437 | 6,438 | 6,403 | 6,362 | 6,259 | 6,185 |
Retained Earnings | 1.1% | 10,252 | 10,143 | 10,705 | 10,484 | 10,232 | 9,885 | 9,700 | 9,345 | 8,525 | 7,808 | 7,202 | 6,633 | 6,145 | 5,938 | 5,863 | 5,840 | 5,860 | 5,757 | 5,724 | 5,600 | 5,513 |
Additional Paid-In Capital | -1.0% | 624 | 630 | 619 | 601 | 590 | 601 | 590 | 582 | 572 | 581 | 576 | 571 | 564 | 569 | 563 | 558 | 551 | 553 | 561 | 558 | 553 |
Shares Outstanding | 0.4% | 128 | 128 | 128 | 128 | 128 | 128 | 128 | 128 | 128 | 128 | 128 | 128 | - | - | - | - | - | - | - | - | - |
Minority Interest | -0.2% | 522 | 523 | 531 | 533 | 537 | 534 | 567 | 570 | 571 | 573 | 571 | 568 | 564 | 535 | 539 | 536 | 545 | 543 | 538 | 540 | 553 |
Float | - | - | - | - | 3,900 | - | - | - | 3,200 | - | - | - | 3,000 | - | - | - | 1,800 | - | - | - | 2,500 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -70.5% | 169,000 | 573,000 | 696,000 | 555,000 | 512,000 | 835,000 | 947,000 | 913,000 | 700,000 | 757,000 | 755,000 | 617,000 | 265,000 | 431,000 | 357,000 | 448,000 | 61,000 | 333,000 | 501,000 | 320,000 | 147,000 |
Share Based Compensation | -25.0% | 9,000 | 12,000 | 10,000 | 12,000 | 9,000 | 10,000 | 9,000 | 9,000 | 8,000 | 8,000 | 7,000 | 8,000 | 8,000 | 8,000 | 7,000 | 8,000 | 6,000 | 6,000 | 6,000 | 6,000 | 7,000 |
Cashflow From Investing | 5.2% | -272,000 | -287,000 | -251,000 | -236,000 | -263,000 | -331,000 | -345,000 | -296,000 | -1,507,000 | -2,371,000 | -578,000 | -129,000 | -135,000 | -143,000 | -106,000 | -128,000 | -132,000 | -1,006,000 | -185,000 | -288,000 | -475,000 |
Cashflow From Financing | -5.7% | -74,000 | -70,000 | -44,000 | -56,000 | -75,000 | -107,000 | -103,000 | -330,000 | -47,000 | -50,000 | 1,559,000 | -38,000 | -34,000 | -202,000 | -145,000 | -752,000 | 883,000 | -39,000 | 717,000 | -69,000 | 21,000 |
Dividend Payments | 0% | 65,000 | 65,000 | 64,000 | 45,000 | 47,000 | 46,000 | 46,000 | 38,000 | 39,000 | 38,000 | 38,000 | 34,000 | 35,000 | 35,000 | 34,000 | 34,000 | 34,000 | 34,000 | 33,000 | 32,000 | 33,000 |
Buy Backs | - | - | - | - | 1,000 | 22,000 | 33,000 | 37,000 | 31,000 | - | - | 30,000 | - | - | - | - | - | 54,000 | - | 10,000 | 20,000 | - |
Consolidated Statements of Operations (Unaudited) - USD ($) $ in Millions | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Income Statement [Abstract] | ||
Net sales | $ 2,975 | $ 3,356 |
Cost of sales | 2,509 | 2,564 |
Gross profit | 466 | 792 |
Selling, general and administrative expenses | 209 | 222 |
Amortization of intangibles | 30 | 31 |
Restructuring, transaction and integration-related costs | 4 | 3 |
Income from operations | 223 | 536 |
Other income (expense) | ||
Interest expense | (40) | (42) |
Other income, net | 50 | 22 |
Income before income taxes | 233 | 516 |
Provision for income taxes | 48 | 109 |
Net income | 185 | 407 |
Net income attributable to noncontrolling interests | 11 | 13 |
Net income attributable to Westlake Corporation | $ 174 | $ 394 |
Earnings per common share attributable to Westlake Corporation: | ||
Basic (in dollars per share) | $ 1.35 | $ 3.07 |
Diluted (in dollars per share) | $ 1.34 | $ 3.05 |
Weighted average common shares outstanding: | ||
Basic (in shares) | 128,359,983 | 127,548,287 |
Diluted (in shares) | 129,020,370 | 128,459,368 |
Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 3,108 | $ 3,304 |
Accounts receivable, net | 1,691 | 1,601 |
Inventories | 1,661 | 1,622 |
Prepaid expenses and other current assets | 66 | 82 |
Total current assets | 6,526 | 6,609 |
Property, plant and equipment, net | 8,523 | 8,519 |
Operating lease right-of-use assets | 706 | 697 |
Goodwill | 2,037 | 2,041 |
Customer relationships, net | 889 | 910 |
Other intangible assets, net | 481 | 493 |
Equity method investments | 1,104 | 1,115 |
Other assets, net | 694 | 651 |
Total assets | 20,960 | 21,035 |
Current liabilities | ||
Accounts payable | 891 | 877 |
Accrued and other liabilities | 1,464 | 1,614 |
Current portion of long-term debt, net | 300 | 299 |
Total current liabilities | 2,655 | 2,790 |
Long-term debt, net | 4,590 | 4,607 |
Deferred income taxes | 1,544 | 1,560 |
Pension and other post-retirement benefits | 353 | 363 |
Operating lease liabilities | 622 | 611 |
Other liabilities | 343 | 340 |
Total liabilities | 10,107 | 10,271 |
Commitments and contingencies (Note 13) | ||
Stockholders' equity | ||
Preferred stock, $0.01 par value, 50,000,000 shares authorized; no shares issued and outstanding | 0 | 0 |
Common stock, $0.01 par value, 300,000,000 shares authorized; 134,651,380 and 134,651,380 shares issued at March 31, 2024 and December 31, 2023, respectively | 1 | 1 |
Common stock, held in treasury, at cost; 6,082,171 and 6,439,289 shares at March 31, 2024 and December 31, 2023, respectively | (414) | (435) |
Additional paid-in capital | 624 | 630 |
Retained earnings | 10,252 | 10,143 |
Accumulated other comprehensive loss | (132) | (98) |
Total Westlake Corporation stockholders' equity | 10,331 | 10,241 |
Noncontrolling interests | 522 | 523 |
Total equity | 10,853 | 10,764 |
Total liabilities and equity | $ 20,960 | $ 21,035 |