secwatch.observer — SEC 8-K summary
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Issuer:     WESTLAKE CORP (WLK)
CIK:        0001262823
Form:       8-K
Filed at:   2026-08-04T11:27:36+00:00
Accession:  0001262823-26-000026
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Westlake Q2 net income $260M vs loss $142M YoY; EBITDA $679M, debt cut $500M
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- Net income $260M ($2.01 diluted EPS) vs Q2 2025 net loss $142M ($1.11 loss); EBITDA $679M vs $340M excl. items.
- PEM segment EBITDA $416M (21% margin) vs $52M YoY; HIP EBITDA $276M (22% margin) flat YoY.
- Reduced debt by $500M, returned $99M to shareholders; new $1.5B revolver due 2031.
- Three-pillar profitability plan on track for $600M FY 2026 benefit; ~$150M benefit in Q2.
- Completed acquisition of PVC/VCM site in Wilhelmshaven, Germany.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1262823/000126282326000026/0001262823-26-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1262823/000126282326000026/wlk-20260804.htm
  HTML page:      https://secwatch.observer/filing/0001262823-26-000026

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