{"schema_version":"secwatch.filing_event.v1","accession":"0001262823-25-000026","form_type":"8-K","ticker":"WLK","cik":"0001262823","company_name":"WESTLAKE CORP","filed_at":"2025-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.797616+00:00","generated_at":"2026-05-22T22:15:50.662768+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Westlake posts Q1 net loss of $40M; EBITDA down 47% YoY on higher costs and outages","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001262823-25-000026","json":"https://secwatch.observer/filing/0001262823-25-000026.json","markdown":"https://secwatch.observer/filing/0001262823-25-000026.md","text":"https://secwatch.observer/filing/0001262823-25-000026.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1262823/000126282325000026/0001262823-25-000026-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1262823/000126282325000026/wlk-20250502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T22:15:50.662768+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}