Westlake Corp (NYSE:WLK)
$ 119.46 -0.65 (-0.54%) Market Cap: 15.46 Bil Enterprise Value: 17.89 Bil PE Ratio: 169.17 PB Ratio: 1.45 GF Score: 91/100
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Westlake Corp at Citi Basic Materials Conference Transcript

Nov 29, 2022 / 07:00PM GMT
Release Date Price: $107.17 (+4.82%)
Eric B Petrie
Citigroup Inc., Research Division - VP & Senior Associate

So my name is Eric Petrie. I cover Eastman chemicals on the team under PJ. And we're happy to have our next fireside chat with Westlake Chemical. And we have CEO, Albert Chao and Steve Bender was going to be here, too, but he came down with something. So he's a free pass, but we have Jeff Holy in his stead.

So Westlake has expanded its portfolio into building chemicals and products with acquisitions. So we look forward to hearing an update from you on the housing and construction end markets. And they also retain a solid cost footprint with the majority of their assets based in the U.S., so they have a feedstock advantage. So Albert, thanks for being here and let's kick it off.

Questions & Answers

Eric B Petrie
Citigroup Inc., Research Division - VP & Senior Associate

So on your third quarter call, you noted quite a few headwinds with economic challenges, higher energy costs, rising rates, slowing construction end markets. So similar to the other chemical

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