{"filings":[{"id":501241,"accession_number":"0001193125-26-229093","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2026-05-18T21:00:15+00:00","items":["5.07"],"status":"ready","headline":"Westlake shareholders elect five directors, approve compensation and auditor at annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All five director nominees elected: Catherine Chao, Roger Cregg, Jean-Marc Gilson, Kimberly Lubel, Jeffrey Sheets.","Advisory vote on named executive officer compensation approved with 121.9M for vs 1.5M against.","Ratification of PricewaterhouseCoopers as auditor for FY2026 approved with 124.7M for vs 644k against.","Broker non-votes totaled 1.92M shares across all proposals."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":91823,"accession_number":"0001262823-26-000019","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2026-05-05T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Westlake Q1 net loss $169M ($1.31/sh); EBITDA excl. items $235M, down 20% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $169M (diluted loss $1.31); excl. $85M items net loss $100M ($0.77).","Revenue $2.65B, down 7% YoY from $2.85B; EBITDA excl. items $235M vs $295M YoY.","HIP segment sales $993M; EBITDA excl. items $186M (19% margin); Pipe & Fittings volume up on infrastructure.","PEM segment sales $1.66B; EBITDA excl. items $36M (2% margin); hit by higher natural gas costs.","Targeting $600M EBITDA uplift in 2026 from cost actions; closed ACI acquisition in Jan 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.31,"consensus_revenue_estimate":null,"consensus_revenue_actual":2652000000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":91822,"accession_number":"0001193125-26-199067","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2026-05-01T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Westlake signs non-binding LOI to acquire VYNOVA Wilhelmshaven PVC/VCM site in Germany","summary_kind":"llm","event_type":"m_and_a","confidence":"medium","bullets":["Non-binding LOI with preliminary insolvency administrator of VYNOVA Wilhelmshaven GmbH for PVC/VCM production site.","Acquisition subject to definitive documentation, regulatory approvals, formal insolvency proceedings, creditors' committee approval.","No deal value disclosed; transaction expected to close pending conditions and negotiations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":91821,"accession_number":"0001193125-26-164225","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2026-04-20T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Westlake appoints Jonathan Baksht as CFO effective June 15, 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jonathan Baksht appointed SVP & CFO effective June 15, 2026, succeeding retiring M. Steven Bender.","Baksht most recently EVP & CFO of Fortune Brands Innovations (May 2025–Mar 2026).","Compensation includes $200K sign-on cash, $1.8M in RSUs vesting in 2029, base pay of $832K.","Bender transitions to Special Advisor to President until year-end retirement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":91820,"accession_number":"0001193125-26-153703","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2026-04-14T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Westlake agrees to pay $67M to settle PVC pipe antitrust class action","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["Settlement of $67 million with direct purchaser class; subject to preliminary and final court approval.","Indirect purchaser claims against Westlake remain pending and are not covered by this settlement.","Company denies liability; settlement agreement states it is not an admission of wrongdoing.","DPPs filed motion for preliminary approval on April 13, 2026; court ruling pending."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":91819,"accession_number":"0001193125-26-142822","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2026-04-06T23:59:59+00:00","items":["1.01","1.02","2.03","9.01"],"status":"ready","headline":"Westlake enters new $1.5B revolving credit facility maturing 2031, replacing prior facility","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $1.5B unsecured revolver replaces existing $1.5B facility; prior agreement terminated without penalties.","Facility matures April 2, 2031; includes $150M LC sublimit and $50M swingline commitment.","Pricing grid based on credit ratings: Term SOFR + 1.000%-1.625% spread; ABR + 0.000%-0.625%.","Undrawn commitment fee ranges from 0.090% to 0.200% depending on ratings; financial covenant is quarterly total leverage ratio."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":91818,"accession_number":"0001193125-26-139007","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2026-04-02T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Westlake appoints Brian Powers as Performance & Essential Materials Segment Head; Buesinger becomes advisor","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Robert F. Buesinger steps down as EVP & Segment Head; transitions to Special Advisor to President effective April 2, 2026.","Brian Powers appointed Senior Vice President, Performance & Essential Materials Segment Head, effective April 2, 2026.","Succession follows Buesinger's planned retirement; no departure reason beyond retirement mentioned."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":102173,"accession_number":"0001262823-26-000008","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2026-02-24T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Westlake Q4 net loss $544M (-$4.22/sh); FY loss $1.51B; targets $600M EBITDA improvement","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss $544M (GAAP diluted EPS -$4.22); adjusted net loss $33M (-$0.25/sh) excl. $511M shutdown & restructuring items.","Revenue $2.53B (-11% YoY); full-year revenue $11.17B (-8% YoY) driven by lower PEM volumes and pricing.","PEM segment EBITDA excl. items $45M (Q4) vs $220M a year ago; HIP EBITDA $146M vs $188M.","Company targets $600M EBITDA improvement in 2026 via footprint optimization, cost savings, and plant reliability.","Achieved $170M cost savings in FY2025; HIP expected to benefit from ACI acquisition in early 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":-11.7,"consensus_revenue_estimate":null,"consensus_revenue_actual":11170000000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":102172,"accession_number":"0001193125-26-064221","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2026-02-23T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Westlake CFO Bender to retire; board adds former LyondellBasell CEO Patel and CEO Gilson","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CFO M. Steven Bender notified intent to retire, effective upon appointment of a successor.","Board expanded to 14 members; elected Bhavesh V. \"Bob\" Patel (former LyondellBasell CEO) as Class III director.","CEO Jean-Marc Gilson elected as Class I director; serves without additional compensation.","Patel received $175,000 in RSUs vesting Feb 20, 2027; will serve on Audit, Compensation, and other committees.","Patel also serves on boards of Air Products and Dallas Fed Houston Branch; brings chemical industry expertise."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":102171,"accession_number":"0001262823-26-000005","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2026-01-06T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Westlake completes acquisition of ACI compounding solutions; expands into Portugal, Romania, Tunisia","summary_kind":"llm","event_type":"m_and_a","confidence":"medium","bullets":["Acquisition of ACI/Perplastic Group's global compounding solutions businesses completed effective January 5, 2026.","Expands Westlake Global Compounds manufacturing footprint to Portugal, Romania, and Tunisia, adding to existing Mexico operations.","ACI primarily serves wire and cable sectors; integration aims to strengthen Westlake's Housing & Infrastructure Products business.","No deal value disclosed; Westlake CEO cites strategic alignment and new specialty products/technologies."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":118490,"accession_number":"0001193125-25-318445","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2025-12-15T23:59:59+00:00","items":["2.05","7.01","9.01"],"status":"ready","headline":"Westlake approves closure of three chlorovinyl plants and styrene unit, expects $415M in pre-tax costs","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Closure includes PVC plant in Aberdeen, MS (1B lbs/year), VCM plant in Lake Charles, LA North (910M lbs/year), and a chlor-alkali unit (825M lbs chlorine, 910M lbs caustic soda).","Styrene plant in Lake Charles, LA (570M lbs/year) also to cease operations by end of December 2025.","Workforce reduction of approximately 295 employees; total pre-tax costs estimated at $415M including $357M non-cash charges, $25M severance, $33M shutdown costs.","Company expects ~$100M annual EBITDA improvement and ~$175M free cash flow savings in 2026 from these actions.","Conference call on December 15, 2025 to discuss plan and update on PEM profitability improvement plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":118489,"accession_number":"0001193125-25-275790","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2025-11-12T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Westlake completes cash tender offer for 3.600% Senior Notes due 2026; $264.5M tendered","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Tendered $253.73M principal of 3.600% Senior Notes due 2026, plus $10.73M via guaranteed delivery; Consideration $996.32 per $1,000.","Total outstanding $750M; tendered amount represents ~35.3% of notes.","Settlement expected Nov 12, 2025 for regular tenders, Nov 14 for guaranteed delivery.","J.P. Morgan and Wells Fargo acted as dealer managers.","Accrued interest paid to but not including settlement date; interest ceases on settlement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":118488,"accession_number":"0001193125-25-267207","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2025-11-05T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Westlake prices $1.2B senior notes offering to fund tender offer and ACI acquisition","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$600M 5.550% notes due 2035 and $600M 6.375% notes due 2055 priced, expected to close Nov 6, 2025.","Net proceeds ~$1.185B; part used to repurchase $750M of 3.600% senior notes due 2026 via cash tender offer.","Remaining proceeds to fund ACI/Perplastic compounding solutions acquisition and general corporate purposes.","Offering is not contingent on tender offer success or ACI acquisition closing.","Underwriters: BofA, Deutsche Bank, J.P. Morgan, Wells Fargo."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":118487,"accession_number":"0001193125-25-263753","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2025-11-04T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Westlake Corp launches tender offer for $750M 3.600% Senior Notes due 2026 and new notes offering","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Westlake commenced a cash tender offer for any and all of its $750 million aggregate principal 3.600% Senior Notes due 2026.","The tender offer expires on November 10, 2025, and is conditioned on the successful completion of a concurrent senior notes offering.","Westlake also announced an underwritten public offering of senior unsecured notes to fund the tender offer and its pending ACI/Perplastic Group acquisition.","J.P. Morgan Securities and Wells Fargo Securities are dealer managers for the tender offer; BofA, Deutsche Bank, J.P. Morgan, and Wells Fargo are joint book-runners for the notes offering.","Net proceeds from the notes offering will also be used for general corporate purposes including working capital management."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":118486,"accession_number":"0001262823-25-000061","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2025-10-30T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Westlake Q3 net loss $782M on $727M goodwill impairment; adjusted EPS -$0.29 vs $1.41 YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss $782M ($6.06/share) vs net income $108M ($0.83) YoY; excludes $744M identified items.","EBITDA excl. items $313M, down 46% from $580M YoY, on lower PEM pricing/volume.","HIP segment EBITDA $215M (20% margin) at low end of 2025 guidance; PEM EBITDA excl. items $90M.","Recorded $727M non-cash goodwill impairment on North American Chlorovinyls reporting unit.","Targeting $200M cost savings in 2026; Pernis shutdown to remove ~$100M annual losses starting 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":-7.48,"consensus_revenue_estimate":null,"consensus_revenue_actual":8637000000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":134936,"accession_number":"0001262823-25-000056","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2025-08-26T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Westlake agrees to acquire ACI compounding solutions for EUR 210M annual sales","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquires global compounding solutions businesses of Portugal-based ACI/Perplastic Group.","ACI's trailing twelve-month net sales through Dec 31, 2024: approximately EUR 210 million.","Four production facilities located in Mexico, Portugal, Romania and Tunisia.","Transaction expected to close in early 2026, subject to customary regulatory approvals.","Business will be integrated into Westlake's Housing & Infrastructure Products segment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":134935,"accession_number":"0001262823-25-000047","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2025-08-05T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Westlake Q2 2025 net loss $142M ($1.11 EPS); EBITDA excl. items $340M, down 54% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss $142M ($1.11 diluted EPS); excl. Identified Items net loss $12M ($0.09 EPS).","EBITDA excl. Items $340M vs $744M in Q2 2024, down 54% YoY on lower PEM volume and higher costs.","PEM segment loss from ops $188M (excl. items) vs income $157M YoY; HIP income $222M, down $44M YoY.","Company cut $75M in H1 2025 costs, targeting additional $200M by 2026; Pernis closure accrued $130M.","Net cash from ops $135M, capex $267M; cash $2.3B, debt $4.7B."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.42,"consensus_revenue_estimate":null,"consensus_revenue_actual":5799000000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":151887,"accession_number":"0001262823-25-000043","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2025-06-17T23:59:59+00:00","items":["2.05"],"status":"ready","headline":"Westlake plans full closure of Pernis facility; expects EUR 190M pre-tax costs","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Plans to close entire Pernis facility (AC, ECH, LER, BPA units) in the Netherlands; consultations with works councils started June 13, 2025.","Total pre-tax closure costs estimated at EUR 190M: EUR 30M severance for ~230 employees and EUR 160M environmental/shutdown costs.","Substantially all charges expected in Q2 2025; cash outflows will extend over several years after closure.","Will supply LER and BPA customers from Deer Park, Texas facility after Pernis shutdown.","Previously mothballed AC and ECH units in July 2024; now entire facility cessation anticipated in 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":151886,"accession_number":"0001262823-25-000033","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2025-05-12T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Westlake annual meeting elects four directors, ratifies PwC as auditor","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Directors Chao, Chao, Graff, Sabat each elected with >111M votes for; ~11M withheld.","Ratification of PwC as independent auditor for FY2025 passed with 123M for, 1.5M against.","Broker non-votes of ~1.9M on director elections; none on ratification."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":151885,"accession_number":"0001262823-25-000026","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2025-05-02T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Westlake posts Q1 net loss of $40M; EBITDA down 47% YoY on higher costs and outages","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $40M ($0.31 diluted loss) vs net income of $174M ($1.34) in Q1 2024.","EBITDA of $288M, down 47% YoY; EBITDA margin fell to 10% from 18%.","Higher NA feedstock/energy costs (~$100M YoY) and ~$80M from turnarounds/outages hit results.","PEM segment operating loss of $163M vs income of $22M YoY; HIP income down 30% to $148M.","HIP segment 2025 guidance lowered to low ends of $4.4-4.6B revenue and 20-22% margin; capex cut to $900M."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.31,"consensus_revenue_estimate":null,"consensus_revenue_actual":2846000000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":151884,"accession_number":"0001262823-25-000020","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2025-04-16T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Westlake awards $1.5M in special RSUs to EVP Buesinger","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Special RSU award of $1.5M to EVP Robert F. Buesinger under 2013 Omnibus Incentive Plan.","RSUs vest fully on Dec 31, 2026, subject to continuous full-time employment.","Number of shares determined by avg of high/low stock price on Apr 11, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":170744,"accession_number":"0001262823-25-000015","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2025-03-04T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Westlake awards CEO $1M in RSUs vesting Feb 2028","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Special RSU award to President and CEO Jean-Marc Gilson under 2013 Omnibus Incentive Plan.","Grant date fair value of $1,000,000; number of shares based on stock price on Feb 28, 2025.","RSUs fully vest on February 28, 2028, conditioned on continuous employment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":170743,"accession_number":"0001262823-25-000005","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2025-02-24T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Westlake Q4 net income $7M ($0.06 EPS); EBITDA up 7% YoY on volume growth","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales $2.8B (+1% YoY); full-year net sales $12.1B (-3% YoY).","Q4 EBITDA $416M excl. items; full-year EBITDA $2.3B excl. items.","HIP segment record annual operating income $807M, EBITDA $1.05B (+11% YoY).","Achieved $170M cost savings in 2024, exceeding target; cash $2.9B, debt $4.6B.","Net income includes $45M non-cash Louisiana tax law charge ($0.35/share)."],"consensus_eps_estimate":null,"consensus_eps_actual":4.64,"consensus_revenue_estimate":null,"consensus_revenue_actual":12142000000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":187710,"accession_number":"0001193125-24-274528","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2024-12-11T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Westlake Corp appoints Roger Cregg to board, Marius Haas retires","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Roger A. Cregg appointed as Class I director effective Dec 10, 2024; term expires at 2026 annual meeting.","Cregg brings homebuilding industry experience as former CEO/CFO of AV Homes, PulteGroup, and ServiceMaster.","Marius A. Haas retired from board on Dec 10, 2024, as previously disclosed.","Cregg will serve on Audit, Compensation, Corporate Risk & Sustainability, and Nominating & Governance committees.","Board granted Cregg $165,000 in restricted stock units vesting Dec 10, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":187709,"accession_number":"0001262823-24-000050","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2024-11-05T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Westlake Q3 GAAP EPS $0.83, adjusted $1.41; EBITDA down 22% QoQ on outages and mothball","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $3.1B flat YoY but down 3% QoQ; volume -4%, price +1%.","GAAP net income $108M ($0.83/sh); adjusted net income $183M ($1.41/sh) excl. $75M mothball charge.","PEM segment EBITDA $297M excl. Item (-24% QoQ); impacted by ~$120M from two extended outages at ethylene JV and chlorovinyl plant.","HIP segment EBITDA $262M (-22% QoQ) due to slower residential construction and weather (Hurricanes Beryl, Helene).","Cash $2.9B, debt $4.6B; redeemed $300M senior notes; capex $220M, free cash flow $254M."],"consensus_eps_estimate":null,"consensus_eps_actual":4.58,"consensus_revenue_estimate":null,"consensus_revenue_actual":9299000000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":204208,"accession_number":"0001193125-24-198308","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2024-08-12T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Westlake Corp adjusts Albert Chao's compensation after CEO-to-chairman transition","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Albert Chao transitioned from President/CEO to Executive Chairman effective July 15, 2024.","New annual base salary set at $1,019,000.","Target bonus for 2024 set at 105% of base salary under Annual Incentive Plan.","Long-term incentive target expected to match James Chao's current 400% of base salary.","Compensation Committee approved these changes on August 8, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":204207,"accession_number":"0001262823-24-000041","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2024-08-06T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Westlake Q2 net income $313M, record HIP EBITDA $336M; names new CEO","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $3,207M, net income $313M ($2.40 diluted EPS), up from $297M in Q2 2023.","Record HIP segment income from operations $266M, EBITDA $336M (28% margin).","PEM segment income from operations $157M, up $135M sequentially on higher pricing.","Announced plan to mothball two European epoxy units to reduce costs and improve profitability.","Jean-Marc Gilson named President and CEO; Albert Chao becomes Executive Chairman."],"consensus_eps_estimate":null,"consensus_eps_actual":3.75,"consensus_revenue_estimate":null,"consensus_revenue_actual":6182000000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":204206,"accession_number":"0001193125-24-186619","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2024-07-29T23:59:59+00:00","items":["2.05"],"status":"ready","headline":"Westlake to mothball AC and ECH units at Pernis; expects EUR 80M pre-tax costs","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Approved mothball of allyl chloride and epichlorohydrin units at Pernis, Netherlands; expected to cease operations in 2025.","Total pre-tax costs of approximately EUR 80 million: EUR 5M severance and EUR 75M environmental remediation and other mothballing costs.","Workforce reduction of ~30 employees; costs recorded in Q3 2024 with cash outflows over several years starting 2025.","Company expects material improvement in Pernis site financial performance while continuing BPA, LER, and specialty resin operations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":204205,"accession_number":"0001193125-24-178846","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2024-07-15T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Westlake appoints Jean-Marc Gilson as President and CEO; Chao family moves to Chairman roles","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jean-Marc Gilson (former CEO of Mitsubishi Chemical Group) becomes President and CEO effective July 15, 2024.","Albert Chao transitions to Executive Chairman; James Chao becomes Senior Chairman.","Gilson receives $1.25M base salary, 120% target bonus, LTI 400% of base, and $3M sign-on RSUs vesting in 3 years.","Leadership change is culmination of board's succession planning; first non-family CEO.","Gilson also appointed President and CEO of Westlake Chemical Partners GP LLC (WLKP)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":204204,"accession_number":"0001193125-24-172673","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2024-07-01T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"EU initiates anti-dumping probe on epoxy resin imports; Westlake among complainants","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["European Commission published notice on July 1, 2024 initiating anti-dumping investigation on epoxy resin imports from China, South Korea, Taiwan, and Thailand.","Westlake Corp is a member of the Ad Hoc Coalition of Epoxy Resin Producers that confidentially lodged the complaint on June 6, 2024.","The investigation targets potential unfair pricing of epoxy resins in the EU market, which could lead to tariffs if dumping is found.","This regulatory action aligns with Westlake's interest in addressing competitive pressures from low-cost imports."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":220942,"accession_number":"0001262823-24-000033","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2024-06-13T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Westlake HIP investor event: $4.3B revenue, ~$84B TAM, 5-7% organic CAGR","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["HIP revenue of $4.3B for twelve months ended March 31, 2024; housing accounts for ~$3.6B, infrastructure $0.7B.","Estimated HIP total addressable market ~$84B; expected organic revenue CAGR 5-7%.","Three main businesses: Westlake Royal Building Products, Pipe & Fittings, Global Compounds.","Dimex recycled-compounds (PIVOTAL) sales revenue up 48% YTD; total Dimex sales +10%.","HIP has grown via acquisitions including Boral (2021), Dimex, LASCO Fittings, DaVinci Roofing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":220941,"accession_number":"0001193125-24-149225","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2024-05-29T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Board member Marius Haas resigns to focus on BayPine Capital","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Marius A. Haas resigns from Westlake Board effective upon successor appointment.","Resignation due to focus on BayPine Capital, a private equity firm where he is a founding partner.","No disagreement with Company, management, or Board cited."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":220940,"accession_number":"0001193125-24-137266","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2024-05-13T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Westlake shareholders re-elect four directors, reject plastic pollution report proposal","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Four directors re-elected with majority support; Mark McCollum received highest votes with 122.6M for, 3.2M withheld.","Ratification of PwC as independent auditor for FY2024 approved with 125M for, 1.88M against, 63K abstain.","Stockholder proposal asking for a report on reducing ocean plastic pollution failed, with 8.3M for, 117.3M against.","Broker non-votes on director elections and proposal totalled 1,137,576 shares."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":220939,"accession_number":"0001262823-24-000023","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2024-05-01T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Westlake Q1 net income $174M ($1.34 EPS); HIP EBITDA record $264M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $2,975M down 11% YoY; net income $174M down from $394M YoY.","HIP segment record Q1 income from operations $210M, EBITDA $264M (25% margin).","PEM segment operating income $22M down from $403M YoY due to weak demand.","Cash $3.1B, debt $4.9B; operating cash flow $169M in Q1.","Investor event focused on HIP segment on June 13, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":1.34,"consensus_revenue_estimate":null,"consensus_revenue_actual":2975000000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":220938,"accession_number":"0001193125-24-114209","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2024-04-25T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Westlake swaps Treasurer and CAO roles between Jeff Holy and Johnathan Zoeller","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jeff Holy transitions from VP & Treasurer to VP & Chief Accounting Officer, effective April 25, 2024.","Johnathan Zoeller moves from VP & Chief Accounting Officer to VP & Treasurer.","Holy becomes principal accounting officer; Zoeller assumes treasurer duties.","Both officers remain with Westlake; no departures or external hires reported."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":220937,"accession_number":"0001262823-24-000017","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2024-04-03T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Westlake coalition files antidumping petitions on epoxy resin imports from five countries","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["On April 3, 2024, coalition including Westlake filed antidumping petitions on epoxy resin imports from China, India, South Korea, Taiwan, and Thailand.","Countervailing duty petitions filed on imports from China, India, South Korea, and Taiwan.","Petitions submitted to U.S. Department of Commerce and U.S. International Trade Commission.","Action seeks to address alleged unfair pricing and subsidies on certain epoxy resins."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":240533,"accession_number":"0001262823-24-000006","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2024-02-20T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Westlake Q4 net loss $497M on $2.8B revenue; $625M in charges drag results","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net loss of $497M ($3.86 diluted loss) includes $475M impairment on epoxy assets and $150M litigation settlement charge.","Excluding identified items, Q4 net income $93M ($0.72 diluted EPS) and EBITDA $390M.","Full-year 2023 net sales $12.5B, net income $479M, and free cash flow $1.3B.","HIP segment posted record annual operating income of $710M with 23% EBITDA margin.","PEM segment (ex-items) EBITDA $1.59B, down 51% YoY on weak pricing and European cost headwinds."],"consensus_eps_estimate":null,"consensus_eps_actual":3.7,"consensus_revenue_estimate":null,"consensus_revenue_actual":12548000000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":240532,"accession_number":"0001262823-24-000002","cik":1262823,"company_name":"WESTLAKE CORP","ticker":"WLK","form_type":"8-K","filed_at":"2024-02-06T23:59:59+00:00","items":["2.02"],"status":"ready","headline":"Westlake settles lawsuits from 2021/2022 incidents for $382M; expects $150M Q4 charge due to insurance dispute","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["Settlements total ~$382 million to resolve lawsuits related to Petro 2 flash fire (Sept 2021) and EDC storage tank explosion (Jan 2022).","Approximately $150 million of settlement not currently covered by insurers; company disputes coverage and will pursue recovery.","Company expects to record a charge of ~$150 million in Q4 2023 reflecting disputed portion.","Certain excess insurers claim insufficient exhaustion of retentions; Westlake disagrees with their position."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":11359380000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}