Westlake Chemical (NYSE:WLK) reported earnings of $2.16 per share missing Walls Streets expectations.

ME Staff
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Westlake Chemical (NYSE:WLK) reported Q2 2018 earnings this Morning, coming in at $2.16 per share, missing Wall Street’s estimates of $2.45 per Share. Revenue for the quarter came in at $2.24 billion beating analyst estimates of $2.19 billion

Recent Insider Trading for Westlake Chemical (NYSE:WLK)

  • On 5/24/2018 James Chao, Chairman, sold 33,305 with an average share price of $120.69 per share and the total transaction amounting to $4,019,580.45.
  • On 5/21/2018 Mark Steven Bender, CFO, sold 12,066 with an average share price of $122.83 per share and the total transaction amounting to $1,482,066.78.
  • On 5/15/2018 Robert F Buesinger, EVP, sold 1,447 with an average share price of $118.88 per share and the total transaction amounting to $172,019.36.
  • On 5/11/2018 Mark Steven Bender, CFO, sold 23,506 with an average share price of $117.33 per share and the total transaction amounting to $2,757,958.98.
  • On 5/10/2018 Dorothy C Jenkins, Director, sold 52 with an average share price of $117.01 per share and the total transaction amounting to $6,084.52.
  • On 3/9/2018 Andrew Kenner, SVP, sold 6,028 with an average share price of $120.00 per share and the total transaction amounting to $723,360.00.



Dividend History for Westlake Chemical (NYSE:WLK)

  • On 5/21/2018 Westlake Chemical announced a quarterly dividend of $0.21 0.68% with an ex dividend date of 5/29/2018 which will be payable on 5/30/2018.
  • On 2/17/2018 Westlake Chemical announced a quarterly dividend of $0.21 0.79% with an ex dividend date of 2/26/2018 which will be payable on 2/27/2018.
  • On 11/17/2017 Westlake Chemical announced a quarterly dividend of $0.21 0.89% with an ex dividend date of 11/24/2017 which will be payable on 11/27/2017.
  • On 8/21/2017 Westlake Chemical announced a quarterly dividend of $0.21 1.19% with an ex dividend date of 8/30/2017 which will be payable on 9/1/2017.
  • On 5/19/2017 Westlake Chemical announced a quarterly dividend of $0.1906 1.21% with an ex dividend date of 5/25/2017 which will be payable on 5/30/2017.
  • On 2/17/2017 Westlake Chemical announced a quarterly dividend of $0.1906 1.16% with an ex dividend date of 2/24/2017 which will be payable on 2/28/2017.
  • On 11/21/2016 Westlake Chemical announced a quarterly dividend of $0.1906 1.37% with an ex dividend date of 11/29/2016 which will be payable on 12/1/2016.



About Company
Westlake Chemical Corporation manufactures and markets basic chemicals, vinyls, polymers, and building products primarily in North America and Europe. 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 building products fabricated from PVC, including pipe, fittings, profiles, trims, moldings, fence and decking products, window and door components, and film and sheet products. 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, residential and commercial construction, as well as other durable and non-durable goods. The company was founded in 1985 and is headquartered in Houston, Texas. Westlake Chemical Corporation is a subsidiary of TTWF LP.

Recent Analyst Rating for Westlake Chemical (NYSE:WLK)

  • On 5/21/2018 quarterly, $0.21, to 0.68% with a price target of 5/29/2018
  • On 5/30/2018 6/13/2018 2/17/2018, quarterly, to $0.21 with a price target of 0.79%
  • On 2/26/2018 2/27/2018, 3/13/2018 11/17/2017, to quarterly with a price target of $0.21
  • On 11/24/2017 11/27/2017, 12/11/2017 8/21/2017, to quarterly with a price target of $0.21
  • On 8/30/2017 9/1/2017, 9/18/2017 5/19/2017, to quarterly with a price target of $0.1906
  • On 5/25/2017 5/30/2017, 6/13/2017 2/17/2017, to quarterly with a price target of $0.1906



Recent Trading for Westlake Chemical (NYSE:WLK)
Shares of Westlake Chemical closed the previous trading session at with 96.66 shares trading hands.