WestlakeNYSE: WLK

HOUSTON--(BUSINESS WIRE)--The Board of Directors of Westlake Corporation (NYSE: WLK) today declared a regular dividend distribution of $0.525 per share for the third quarter of 2024. This dividend will be payable on December 12, 2024, to stockholders of record on November 26, 2024. 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 s.

WLK sees lower sequential sales in Q3 as lower sales volume more than offset an increase in average sales prices.

Westlake Chemical (WLK) came out with quarterly earnings of $1.41 per share, missing the Zacks Consensus Estimate of $2.12 per share. This compares to earnings of $2.20 per share a year ago.

HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the third quarter of 2024 of $18.1 million, or $0.51 per limited partner unit, an increase of $4.9 million compared to the third quarter 2023 net income of $13.2 million. Cash flows from operating activities in the third quarter of 2024 were $126.1 million, an increase of $25.2 million compared to third quarter 2023 cash flows from operating activ.

WLKP's primary business revolves around its long-term Ethylene Sales Agreement with Westlake Corporation, which guarantees that Westlake purchases 95% of WLKP's ethylene production at a fixed margin. The company offers a solid dividend track record with a 12-month yield of 8.45% and consistent growth, providing stability for investors. Despite the cyclical nature of the petrochemical sector, WLKP's fixed-margin structure and operational efficiency offer a low-risk investment opportunity. Modest debt level and strong liquidity position is a plus.

Besides Wall Street's top -and-bottom-line estimates for Westlake (WLK), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.

HOUSTON--(BUSINESS WIRE)--The Board of Directors of Westlake Corporation (NYSE: WLK) today declared a regular dividend distribution of $0.525 per share for the second quarter of 2024. This dividend will be payable on September 5, 2024, to stockholders of record on August 20, 2024. This is the 80th successive quarterly dividend that Westlake has declared since completing its initial public offering in August 2004. The statements in this release that are not historical facts, including statements.

112,000-square-foot luxury leisure and lifestyle destination features indoor and outdoor pools with a beach club, seven pickleball courts, expansive workout spaces and much more, elevating health and wellness in the community DALLAS , Aug. 8, 2024 /PRNewswire/ -- Life Time (NYSE: LTH) further expanded in Texas and the Dallas-Fort Worth metroplex with the opening of Life Time Westlake on Aug. 3. The opening extends Life Time's athletic country club footprint to 33 locations across Texas.

Sales of Westlake (WLK) fall in Q2 due to lower year-over-year average sales prices for the majority of its key products in the PEM unit.