secwatch.observer — SEC 8-K summary
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Issuer:     WESTLAKE CORP (WLK)
CIK:        0001262823
Form:       8-K
Filed at:   2025-08-05T23:59:59+00:00
Accession:  0001262823-25-000047
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Westlake Q2 2025 net loss $142M ($1.11 EPS); EBITDA excl. items $340M, down 54% YoY
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1262823/000126282325000047/0001262823-25-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1262823/000126282325000047/wlk-20250805.htm
  HTML page:      https://secwatch.observer/filing/0001262823-25-000047

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer