WLK earnings call for the period ending March 31, 2020.

Westlake Chemical Corporation (NYSE: WLK) today announced that Ms. Kimberly S. Lubel has been elected to serve on the company’s board of directors as a new member. Ms. Lubel was elected to serve a three-year term at the company’s Annual Meeting of Stockholders, held today. Ms. Lubel is the former chairman, president and chief executive officer of CST Brands, Inc., and a former senior executive of Valero Energy Corporation.

Image source: The Motley Fool. Westlake Chemical Partners LP (NYSE: WLKP)Q1 2020 Earnings CallMay 4, 2020, 1:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood afternoon and thank you for standing by.

Westlake (WLK) delivered earnings and revenue surprises of 14.04% and -0.28%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

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Shares of Westlake Chemical (NYSE:WLK) rose 0.3% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share fell 8.45% year over year to $0.65, which beat the estimate of $0.57.Revenue of $1,932,000,000 less by 4.59% from the same period last year, which beat the estimate of $1,910,000,000.Outlook Earnings guidance hasn't been issued by the company for now.Revenue guidance hasn't been issued by the company for now.How To Listen To The Conference Call Date: May 04, 2020View more earnings on WLKTime: 01:02 PM ETWebcast URL: https://edge.media-server.com/mmc/p/ksc4zxqoTechnicals 52-week high: $75.65Company's 52-week low was at $28.99Price action over last quarter: down 35.96%Company Overview Westlake Chemical Corp is a vertically integrated manufacturer and marketer of basic chemicals, vinyls, polymers and building products. Its products are used for flexible and rigid packaging, automotive products, coatings, water treatment, refrigerants, residential and commercial construction and others. The company operates in the business segments of Olefins and Vinyls. The Olefins segment manufactures and markets polyethylene, styrene monomer and various ethylene co-products. The Vinyl segment manufactures and markets polyvinyl chloride, vinyl chloride monomer, ethylene dichloride, chlor-alkali, chlorinated derivative products, and ethylene. It sells products across the United States and around the world, of which a majority of the revenue is derived from the United States.See more from Benzinga * Tactile Systems Tech: Q1 Earnings Insights * Starwood Property Trust: Q1 Earnings Insights * CSI Compressco: Q1 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Eight years ago DaVinci Roofscapes began its recycling program. Now, on the 50th anniversary of Earth Day, the composite roofing manufacturer announces the company has reprocessed and re-used more than 7,000,000 pounds of polymer scrap as part of the company’s environmental initiative.

Q1 2020 Westlake Chemical Corp Earnings Call

Zacks.com featured highlights include: Darling Ingredients, Verso, Rocky Brands, Hilltop and Westlake Chemical Partners

Royal® Building Products, a Westlake company, today announced the addition of several new products to the Royal® Trim and Mouldings line. The innovation announcements roll out as part of Royal’s 50th Anniversary in 2020, which includes launches across several product categories throughout the year.

Firm's largest sales of the 1st quarter Continue reading...

Westlake (WLK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Companies in the news are: STWD, WEC, RACE, WLK

Income tax benefit boosts Westlake Chemical's (WLK) bottom line in Q1.

Shareholders might have noticed that Westlake Chemical Corporation (NYSE:WLK) filed its first-quarter result this time...

The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2625 per share for the first quarter of 2020. This dividend will be payable on June 9, 2020, to stockholders of record on May 26, 2020.

Westlake Chemical Corporation (NYSE: WLK) will release its 2020 first quarter earnings prior to the market opening on Monday, May 4, 2020. The company will host a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on the same day to discuss the earnings release.

Westlake Chemical Corporation (NYSE: WLK) (the "Company" or "Westlake") today reported net income attributable to Westlake for the three months ended March 31, 2020 of $145 million, or $1.13 per diluted share, on net sales of $1,932 million. Net income in the first quarter of 2020 increased by $73 million compared to first quarter 2019 net income of $72 million, or $0.55 per diluted share, on net sales of $2,025 million. The increase in net income was primarily due to the income tax rate benefit of $62 million, or $0.48 per diluted share, resulting from the carryback of federal net operating losses, as permitted under the CARES Act enacted in March 2020. Income from operations of $136 million for the first quarter of 2020 increased by $2 million from income from operations of $134 million for the first quarter of 2019. The increase in income from operations was primarily due to higher sales volumes for our major products, mostly offset by lower sales prices.

WLKP vs. KWR: Which Stock Is the Better Value Option?

A stock's price-to-sales ratio reflects how much investors are paying for each dollar of revenues generated by a company.