WESTLAKE CORP Files 2023 10-K, Details Operations
Ticker: WLK · Form: 10-K · Filed: 2024-02-22T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, annual-report, corporate-info
TL;DR
**WESTLAKE CORP just dropped its 2023 10-K, giving us the full financial picture for the year ending December 31, 2023.**
AI Summary
WESTLAKE CORP filed its 10-K on February 22, 2024, for the fiscal year ending December 31, 2023. The filing indicates the company's business address is 2801 Post Oak Blvd, Suite 600, Houston, TX 77056, and its business phone is 713-960-9111. The company, formerly known as WESTLAKE CHEMICAL CORP until September 8, 2003, operates in Industrial Organic Chemicals.
Why It Matters
This filing provides a comprehensive overview of WESTLAKE CORP's financial performance and operational status for 2023, crucial for investors and stakeholders to assess its health and future prospects.
Risk Assessment
Risk Level: medium — Without specific financial figures like revenue or net income, the risk level is medium as the filing itself doesn't reveal immediate red flags or exceptional performance.
Key Numbers
- 2023-12-31 — Conformed Period of Report (The fiscal year-end for which the 10-K is filed.)
- 001-32260 — SEC File Number (Unique identifier for the company's SEC filings.)
- 150 — Public Document Count (Number of documents included in the filing.)
- 2003-09-08 — Date of Name Change (When WESTLAKE CHEMICAL CORP changed to WESTLAKE CORP.)
- 2860 — Standard Industrial Classification (Industry code for Industrial Organic Chemicals.)
Key Players & Entities
- WESTLAKE CORP (company) — filer of the 10-K
- WESTLAKE CHEMICAL CORP (company) — former name of the filer
- December 31, 2023 (date) — end of the reporting period
- February 22, 2024 (date) — filing date
- 713-960-9111 (person) — business phone number
FAQ
What is the primary business classification of WESTLAKE CORP?
WESTLAKE CORP's Standard Industrial Classification is Industrial Organic Chemicals (2860).
When was WESTLAKE CORP's name changed from WESTLAKE CHEMICAL CORP?
The name change from WESTLAKE CHEMICAL CORP to WESTLAKE CORP occurred on September 8, 2003.
What is the business address of WESTLAKE CORP?
The business address for WESTLAKE CORP is 2801 Post Oak Blvd, Suite 600, Houston, TX 77056.
What is the fiscal year end for WESTLAKE CORP?
WESTLAKE CORP's fiscal year ends on December 31.
What is the SEC file number for WESTLAKE CORP?
The SEC file number for WESTLAKE CORP is 001-32260.
From the Filing
0001262823-24-000014.txt : 20240222 0001262823-24-000014.hdr.sgml : 20240222 20240221173957 ACCESSION NUMBER: 0001262823-24-000014 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 150 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240222 DATE AS OF CHANGE: 20240221 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WESTLAKE CORP CENTRAL INDEX KEY: 0001262823 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 760346924 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32260 FILM NUMBER: 24661276 BUSINESS ADDRESS: STREET 1: 2801 POST OAK BLVD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 BUSINESS PHONE: 713-960-9111 MAIL ADDRESS: STREET 1: 2801 POST OAK BLVD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 FORMER COMPANY: FORMER CONFORMED NAME: WESTLAKE CHEMICAL CORP DATE OF NAME CHANGE: 20030908 10-K 1 wlk-20231231.htm 10-K wlk-20231231 false 2023 FY 0001262823 P3Y http://fasb.org/us-gaap/2023#AssetImpairmentCharges http://fasb.org/us-gaap/2023#AssetImpairmentCharges http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#UnderfundedPlanMember http://fasb.org/us-gaap/2023#UnderfundedPlanMember P1Y P3Y http://fasb.org/us-gaap/2023#NonoperatingIncomeExpense http://fasb.org/us-gaap/2023#NonoperatingIncomeExpense 0001262823 2023-01-01 2023-12-31 0001262823 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0001262823 wlk:OnePointSixTwoFivePercentageSeniorNotesDueTwentyTwentyNineMemberDomain 2023-01-01 2023-12-31 0001262823 2023-06-30 iso4217:USD 0001262823 2024-02-14 xbrli:shares 0001262823 2023-12-31 0001262823 2022-12-31 iso4217:USD xbrli:shares 0001262823 2022-01-01 2022-12-31 0001262823 2021-01-01 2021-12-31 0001262823 us-gaap:CommonStockMember 2020-12-31 0001262823 us-gaap:TreasuryStockCommonMember 2020-12-31 0001262823 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001262823 us-gaap:RetainedEarningsMember 2020-12-31 0001262823 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0001262823 us-gaap:NoncontrollingInterestMember 2020-12-31 0001262823 2020-12-31 0001262823 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0001262823 us-gaap:NoncontrollingInterestMember 2021-01-01 2021-12-31 0001262823 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-12-31 0001262823 us-gaap:TreasuryStockCommonMember 2021-01-01 2021-12-31 0001262823 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0001262823 us-gaap:CommonStockMember 2021-12-31 0001262823 us-gaap:TreasuryStockCommonMember 2021-12-31 0001262823 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001262823 us-gaap:RetainedEarningsMember 2021-12-31 0001262823 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001262823 us-gaap:NoncontrollingInterestMember 2021-12-31 0001262823 2021-12-31 0001262823 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0001262823 us-gaap:NoncontrollingInterestMember 2022-01-01 2022-12-31 0001262823 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0001262823 us-gaap:TreasuryStockCommonMember 2022-01-01 2022-12-31 0001262823 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0001262823 us-gaap:CommonStockMember 2022-12-31 0001262823 us-gaap:TreasuryStockCommonMember 2022-12-31 0001262823 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001262823 us-gaap:RetainedEarningsMember 2022-12-31 0001262823 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001262823 us-gaap:NoncontrollingInterestMember 2022-12-31 0001262823 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0001262823 us-gaap:NoncontrollingInterestMember 2023-01-01 2023-12-31 0001262823 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-12-31 0001262823 us-gaap:TreasuryStockCommonMember 2023-01-01 2023-12-31 0001262823 us-gaa