Westlake Chemical Stock News

We have selected five stocks that have strong growth potential for the rest of 2021. These are Dow, PSX, BLDR, WLK and CAR.

Bank of America Corp DE raised its holdings in shares of Westlake Chemical Co. (NYSE:WLK) by 179.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 138,347 shares of the specialty chemicals companys stock after purchasing an additional 88,822 shares during []

Westlake's (WLK) subsidiary, Vinnolit, brings a low-carbon PVC alternative to the market to contribute to sustainability efforts.

Westlake Chemical Corporation with ticker code (WLK) now have 17 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 135 and 62 and has a mean target at 113.71. Given that the stocks previous close was at 101.61 this would indicate that there is a potential upside of 11.9%. The 50 day MA is 96.15 and the 200 moving average now moves to 92.32. The market capitalisation for the company is $12,491m. Find out more information at: /> [stock_market_widget type="chart" symbol="WLK" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Westlake Chemical Corporation, together with its subsidiaries, manufactures and markets basic chemicals, vinyls, polymers, and building products worldwide. It operates through two segments, Vinyls and Olefins. The Vinyls segment provides specialty and commodity polyvinyl chloride (PVC), vinyl chloride monomers, ethylene dichloride, chlorine, caustic soda, chlorinated derivative, and ethylene products.

Royal Bank of Canada lifted its position in shares of Westlake Chemical Co. (NYSE:WLK) by 6.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 39,511 shares of the specialty chemicals companys stock after buying an additional 2,237 shares during the period. Royal Bank []

Westlake Chemical Partners: Too Conservatively Financed For Their Own Good

An upswing in demand in major markets on a global economic rebound should help the Zacks Chemicals Plastics industry to thrive. Westlake (WLK) and Covestro (COVTY) are poised to gain from the favorabl

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Man Group plc grew its holdings in Westlake Chemical Co. (NYSE:WLK) by 505.3% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 26,978 shares of the specialty chemicals companys stock after buying an additional 22,521 shares during the period. Man Group plcs holdings in []

Westlake Chemical (WLK) benefits from solid demand for polyethylene and PVC resin and higher product prices.

Equities analysts predict that Westlake Chemical Co. (NYSE:WLK) will announce sales of $2.81 billion for the current fiscal quarter, according to Zacks. Four analysts have made estimates for Westlake Chemicals earnings, with estimates ranging from $2.36 billion to $3.05 billion. Westlake Chemical reported sales of $1.97 billion in the same quarter last year, which indicates []

Amalgamated Bank raised its holdings in Westlake Chemical Co. (NYSE:WLK) by 126.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 8,926 shares of the specialty chemicals companys stock after acquiring an additional 4,989 shares during the quarter. Amalgamated Banks holdings in Westlake Chemical were []

Y Intercept Hong Kong Ltd acquired a new stake in shares of Westlake Chemical Co. (NYSE:WLK) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,471 shares of the specialty chemicals companys stock, valued at approximately $493,000. Several other large investors []

We have narrowed down our search to five large-cap stocks that have strong growth potential for the rest of 2021. These are: DOW, COP, CAR, TRGP and WLK.

Westlake (WLK) achieves consecutive record quarterly earnings and higher sales led by global market recovery and increased sales prices and volumes for most of its key products.