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HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) announced today that it has entered into an agreement to acquire the global compounding solutions businesses of the ACI/Perplastic Group (collectively, “ACI”). ACI is a Portugal-based global manufacturer of specialty materials serving the wire and cable sectors, which helps expand Westlake's offerings. “The combination of ACI with Westlake's existing compounding business will present an excellent strategic fit and opportunity to integra.
HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) today announced an advance in the company's sustainability objectives to further reduce its carbon emissions intensity by 20% by 2030, from a 2016 baseline, which is one of the company's sustainability goals. Westlake recently entered into an agreement with a solar renewable-energy three-farm project that generates approximately 160,000 megawatt-hours per year of renewable energy and purchased the associated renewable energy certificate.
WLK posts Q2 loss on weaker sales, plant outages and higher costs but eyes cost cuts and efficiency gains for a stronger 2026.
HOUSTON--(BUSINESS WIRE)--The Board of Directors of Westlake Corporation (NYSE: WLK) today declared a regular dividend distribution of $0.53 per share for the second quarter of 2025. This dividend will be payable on September 4, 2025 to stockholders of record on August 19, 2025. Westlake announced its first dividend on November 11, 2004 and has successively been paying and increasing its dividend for the past 20 years. The statements in this release that are not historical facts, including stat.
Westlake Corporation (NYSE:WLK ) Q2 2025 Earnings Conference Call August 5, 2025 11:00 AM ET Company Participants Jean-Marc Gilson - President & CEO Johnathan Stevan Zoeller - VP & Treasurer Mark Steven Bender - Executive VP & CFO Conference Call Participants Adam Paul Hamilton - RBC Capital Markets, Research Division Aleksey V. Yefremov - KeyBanc Capital Markets Inc., Research Division Bhavesh Mahesh Lodaya - BMO Capital Markets Equity Research David L.
Although the revenue and EPS for Westlake (WLK) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Westlake Chemical (WLK) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of $0.06. This compares to earnings of $2.4 per share a year ago.
HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced second quarter 2025 results. SUMMARY FINANCIAL HIGHLIGHTS (in millions of dollars, except per share data and percentages) Three Months Ended June 30, 2025 Three Months Ended March 31, 2025 Three Months Ended June 30, 2024 Westlake Corporation Net sales $ 2,953 $ 2,846 $ 3,207 Income (loss) from operations $ (109 ) $ (32 ) $ 406 Net inco.
HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the second quarter of 2025 of $14.6 million, or $0.41 per limited partner unit, which was in line with second quarter 2024 net income of $14.4 million. Cash flows from operating activities in the second quarter of 2025 were $9.1 million, a decrease of $112.8 million compared to second quarter 2024 cash flows from operating activities of $121.9 mil.