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R. Bruce Northcutt brings two-bagger value to Westlake Chemical 20 May 2018

NEWS BITES - PEOPLE IN BUSINESS

R. Bruce Northcutt was appointed Director of Westlake Chemical (NYSE:WLK) five years ago on May 20, 2013. The present value of USD1,000 (PV1000) invested on the appointment date is $US2,781, for a capital gain of $US1,632 and dividend reinvested of $US149. In the same period the shares were up 163.2% from $US46.1 to $US121.3.

SECTION 1 BIOGRAPHY R. BRUCE NORTHCUTT, DIRECTOR

R. Bruce Northcutt (age 57). Mr. Northcutt has been a director since May 2013. Mr. Northcutt has been a partner of Navitas Midstream Partners, LLC since November 2013 and the Chairman of the Board, Chief Executive Officer and President of its manager, Navitas Midstream Management, LLC, since May 2014. Mr. Northcutt was the President and Chief Executive Officer and a director of Copano Energy, L.L.C. until its acquisition by Kinder Morgan Energy Partners, L.P. in May 2013. Mr. Northcutt had also served as Copano's President and Chief Operating Officer from April 2003 until November 2009. Mr. Northcutt served as President of El Paso Global Networks Company from November 2001 until April 2003; Managing Director of El Paso Global Networks Company from April 1999 until November 2001 and Vice President, Business Development, of El Paso Gas Services Company from January 1998 until April 1999. From 1988 until 1998, Mr. Northcutt held positions with various levels of responsibility at El Paso Energy and its predecessor, Tenneco Energy, including supervision of pipeline supply and marketing as well as regulatory functions. He began his career with Tenneco Oil Exploration and Production in 1982, working in the areas of drilling and production engineering. Mr. Northcutt holds a Bachelor of Science degree in Petroleum Engineering from Texas Tech University and is a Registered Professional Engineer on inactive status in the State of Texas.

SECTION 2 WESTLAKE CHEMICAL CORPORATION PRICE PERFORMANCE SCORECARD (NYSE:WLK):

2.1 Westlake Chemical Corporation is placed 77/2,696 in the BSS News Bites ranking of price performance of NYSE stocks in the past year, a percentile ranking of 97.

2.2 The Past Two Years

Westlake Chemical rises for a second consecutive year, a two-year rise of 185%

Westlake Chemical Corporation (NYSE:WLK), extended its gains in the past year, rising an additional $US59.92 (97.7%) to close at $US121.28. In the previous year the shares rose $US18.75 (44.0%). The shares have lifted $US78.67 (184.6%) over the past two years, compared with the S&P 500 Index which rose 665.3 points (32.5%) in the two years for a relative price increase of 152.1%.

+ R. Bruce Northcutt became Director of Westlake Chemical Corporation on May 20,2013. The company's performance, measured in average annualised shareholder returns in the past five years, has been above average in that time - investors have reaped 23% compared to 10% for the S&P 500 Index.

2.3 Moving Annual Return (Trailing 12 months):

Based on a dynamic start date of 5 years ago, the Moving Annual Return has been positive in 3 of the last 5 years. An investment in WLK a year ago would have produced a return of 94.7%

WLKCloseDividendsCapital Gain / (Loss) %% YieldAnnual Return %
Last Traded May 18$US121.2882.06c97.71.394.7
1 Year ago$US62.7075.33c47.21.848.9
2 Years ago$US42.6170.95c(39.7)1-38.7
3 Years ago$US70.6962.10c(5.9)0.8-5
4 Years ago$US75.0957.07c64.71.366

Close 5 years ago $US45.58.

2.4 Present Value of $US1000 invested in the past

The present value of $US1000 invested a year ago is $US1,996

PV$10001-week1-month1-year
WLK.NYSE1,0361,0581,996
S&P 500 Index9951,0161,147

2.5 Trailing Price Change %

1-Year price change of 97.7% for Westlake Chemical outperformed the change of 14.4% in the S&P 500 Index for a relative price change of 83.2%.

Price Change %1-Month3-Month1-Year
WLK5.813.497.7
Chemicals sector0.53.621.6
S&P 500 Index0.2-0.714.4

SECTION 3 WESTLAKE CHEMICAL CORPORATION FINANCIALS AND GROWTH PERFORMANCE SCORECARD (NYSE:WLK):

3.1 Key Financials (All figures percent)

EPS Growth has improved from 11.4% in 2014 to 227.4% in 2017, Revenue Growth has improved from 17.4% in 2014 to 56.8% in 2017 and Return on Equity has improved from 23.3% in 2014 to 28.2% in 2017.

WLKRevenue GrowthEPS GrowthOperating MarginROE
201756.8227.415.428.2
201614-36.812.512.5
20152-4.122.420.9
201417.411.425.423.3

3.2 Growth

5-years average annualized earnings growth rate of 28.4%

+ Revenue growth rate is positive and has seen consecutive rises in recent years. [Year ended, all figures in %]

YearRevenue GrowthEPS GrowthEBITDA Growth
Dec 1614-36.8-32.4
Dec 152-4.1-24.9

3.4 Performance (All figures in %)

Net Profit Margin 10-year average is 12.2% and Return on Equity 10-year average is 16.0%.

DescriptionAnnual10-year Avg
EBITDA Margin16.819.3
Operating Profit Margin15.414.8
Net Profit Margin16.712.2
Return on Equity28.216.0
Return on Assets11.17.6
Return on Capital Employed12.313.0

3.5 High Performance Indicators:

DescriptionValueRank In NYSE Market
Relative Price Change % (1 Year)83.2In Top 4%
Price/MAP2001.24In Top 10%
% Prem to 1-mo Vol Wtd Price9.0In Top Quartile
Return on Assets [ROA] %11.1In Top Quartile
Turnover in Quarter$US5.6 billionIn Top Quartile
Price/MAP501.08In Top Quartile
3-mo Price Change %13.39In Top Quartile
Price/Earnings/Growth0.5In Top Quartile

SECTION 4 WESTLAKE CHEMICAL CORPORATION GLOBAL RANK (NYSE:WLK):

4.1 Global Rank

Global Rank [out of 47,736 stocks]

DescriptionValueRankQuartile
MCap (US$)15.7B984Top
Total Assets (US$)12.1B2,472Top
Revenue (US$)8B1,638Top
Net Profit (US$)1.3B875Top
Return on Equity %28.22,091Top
Net Profit Margin %16.77,119Top
Price to Book3.926,502Third
Price Earnings11.15,445Top
Yield %0.718,747Second
PV$1000 (1Year) US$1,9962,360Top
US$ Change (1Year) %69.94,308Top
Rel Strength 6 Mo (US$)914,279Top

SECTION 5 OTHER DIRECTORS OF WESTLAKE CHEMICAL CORPORATION

Albert Chao, Chief Executive Officer & President & Director

James Chao, Chairman & Director

M. Steven Bender, Chief Financial Officer & Senior Vice President

Jeffrey Sheets, Director

Robert T. Blakely, Director

Marius Haas, Director

David Chao, Director

R. Bruce Northcutt, Director

Michael J. Graff, Director

Dorothy C. Jenkins, Director

H. John Riley, Director

Max L. Lukens, Director

L. Benjamin Ederington, Chief Administrative Officer & Executive Vice President & Corporate Secretary

Robert F. Buesinger, Senior Vice President

Andrew Kenner, Senior Vice President

George J. Mangieri, Vice President

SECTION 6 WESTLAKE CHEMICAL CORPORATION ACTIVITIES

Westlake Chemical Corporation is a vertically integrated manufacturer and marketer of basic chemicals, vinyls, polymers and fabricated products. Its products include chemicals which are fundamental to many diverse consumer and industrial markets, including flexible and rigid packaging, automotive products, coatings, residential and commercial construction, as well as other durable and non-durable goods. The Company operates in two principal business segments: Olefins and Vinyls. The Company has a joint venture in China and a fabricated products plant in Yucca, Arizona.

SECTION 7 RECENT NEWS ON DIRECTORS

7.1 REPORTED STOCK AWARDS

20 February 2018

Westlake Chemical senior vice president Robert F. Buesinger awarded Restricted Stock Units

Westlake Chemical (NYSE:WLK) senior vice president Robert F. Buesinger, has been awarded Restricted Stock Units on 2,569 shares. The transaction date was February 16. The shares last traded at $US107.51.

7.2 SHAREHOLDER VALUE ADDED BY DIRECTORS

20 May 2018

Michael J. Graff brings two-bagger value to Westlake Chemical

Michael J. Graff was appointed Director of Westlake Chemical (NYSE:WLK) five years ago on May 20, 2013. The present value of USD1,000 (PV1000) invested on the appointment date is $US2,781, for a capital gain of $US1,632 and dividend reinvested of $US149. In the same period the shares were up 163.2% from $US46.1 to $US121.3.

01 May 2018

James Chao starts twenty-third year as Westlake Chemical Chairman

James Chao was appointed Chairman of Westlake Chemical (NYSE:WLK) twenty-two years ago on May 01, 1996. In the last 10 years the average annualized return to shareholders was 30.4%. The present value of USD1,000 (PV1000) invested 10 years ago is now $US14,202, a gain of $US12,339 and dividend reinvested of $US864.

30 April 2018

Robert F. Buesinger brings two-bagger value to Westlake Chemical

Robert F. Buesinger was appointed Senior Vice President of Westlake Chemical (NYSE:WLK) eight years ago on April 30, 2010. The present value of USD1,000 (PV1000) invested on the appointment date is $US2,732, for a capital gain of $US1,586 and dividend reinvested of $US146.

30 April 2018

Robert F. Buesinger brings two-bagger value to Westlake Chemical

Robert F. Buesinger was appointed Senior Vice President of Westlake Chemical (NYSE:WLK) eight years ago on April 30, 2010. The present value of USD1,000 (PV1000) invested on the appointment date is $US2,732, for a capital gain of $US1,586 and dividend reinvested of $US146.

22 February 2018

George J. Mangieri starts twelfth year as Westlake Chemical Vice President

George J. Mangieri was appointed Vice President of Westlake Chemical (NYSE:WLK) eleven years ago on February 22, 2007. In the last 10 years the average annualized return to shareholders was 30.6%. The present value of USD1,000 (PV1000) invested 10 years ago is now $US14,464, a gain of $US12,609 and dividend reinvested of $US856.

30 November 2017

H. John Riley starts eleventh year as Westlake Chemical Director

H. John Riley was appointed Director of Westlake Chemical (NYSE:WLK) ten years ago on November 30, 2007. In the last 10 years the average annualized return to shareholders was 27.3%. The present value of USD1,000 (PV1000) invested 10 years ago is now $US11,166, a gain of $US9,528 and dividend reinvested of $US638.

7.3 RECENT REPORTED SELLING

16 May 2018

Westlake Chemical senior vice president Robert F. Buesinger sells

Westlake Chemical (NYSE:WLK) Senior Vice President Robert F. Buesinger sold 1,447 shares worth $US172,012 on May 15. The selling price was $US118.88. The shares hit a three-month high on the day.

14 May 2018

Westlake Chemical chief financial officer and senior vice president M. Steven Bender sells

Westlake Chemical (NYSE:WLK) Chief Financial Officer and Senior Vice President M. Steven Bender sold 23,506 shares worth $US2,757,959 on May 11. The selling price was $US117.33. The shares hit a two-month high on the day.

11 May 2018

Westlake Chemical director Dorothy C. Jenkins sells

Westlake Chemical (NYSE:WLK) Director Dorothy C. Jenkins sold 52 shares worth $US6,085 on May 10. The selling price was $US117.01. The shares hit a two-month high on the day.

06 March 2018

Westlake Chemical chief accounting officer and vice president George J. Mangieri sells

Westlake Chemical (NYSE:WLK) Chief Accounting Officer and Vice President George J. Mangieri sold 2,161 shares worth $US245,079 on March 05. The selling price was $US113.41. The shares hit a two-month high on the day.

06 March 2018

Westlake Chemical senior vice president Robert F. Buesinger sells

Westlake Chemical (NYSE:WLK) Senior Vice President Robert F. Buesinger sold 19,349 shares worth $US2,187,203 on March 05. The selling price was $US113.04. The shares hit a two-month high on the day.

01 March 2018

Westlake Chemical chief accounting officer and vice president George J. Mangieri sells

Westlake Chemical (NYSE:WLK) Chief Accounting Officer and Vice President George J. Mangieri sold 4,335 shares worth $US482,139 on February 28. The selling price was $US111.22. The shares hit a seven-day low on the day.

28 February 2018

Westlake Chemical director Robert T. Blakely sells

Westlake Chemical (NYSE:WLK) Director Robert T. Blakely sold 4,038 shares worth $US448,218 on February 27. The selling price was $US111.0.

27 February 2018

Westlake Chemical chief financial officer and senior vice president M. Steven Bender sells

Westlake Chemical (NYSE:WLK) Chief Financial Officer and Senior Vice President M. Steven Bender sold 5,000 shares worth $US558,470 on February 26. The selling price was $US111.69. The shares hit a one-month high on the day.

27 February 2018

Westlake Chemical senior vice president-olefin Lawrence Skip Teel sells

Westlake Chemical (NYSE:WLK) Senior Vice President-Olefin Lawrence Skip Teel sold 9,351 shares worth $US1,046,003 on February 26. The selling price was $US111.86. The shares hit a one-month high on the day.

26 February 2018

Westlake Chemical chief financial officer and senior vice president M. Steven Bender sells

Westlake Chemical (NYSE:WLK) Chief Financial Officer and Senior Vice President M. Steven Bender sold 2,000 shares worth $US221,270 on February 22. The selling price was $US110.64. The shares hit a one-month high on the day.

23 February 2018

Westlake Chemical chief financial officer and senior vice president M. Steven Bender sells

Westlake Chemical (NYSE:WLK) Chief Financial Officer and Senior Vice President M. Steven Bender sold 4,000 shares worth $US443,880 on February 22. The selling price was $US110.97. The shares hit a one-month high on the day.

23 February 2018

Westlake Chemical director Max L. Lukens sells

Westlake Chemical (NYSE:WLK) Director Max L. Lukens sold 17,558 shares worth $US1,947,757 on February 22. The selling price was $US110.93. The shares hit a one-month high on the day.

23 February 2018

Westlake Chemical chief administrative officer, corporate secretary, executive vice president and general counsel L. Benjamin Ederington sells

Westlake Chemical (NYSE:WLK) Chief Administrative Officer, Corporate Secretary, Executive Vice President and General Counsel L. Benjamin Ederington sold 6,942 shares worth $US773,665 on February 22. The selling price was $US111.45. The shares hit a one-month high on the day.

Source: www.BuySellSignals.com