Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. The company's ethylene production facilities primarily convert ethane into ethylene. It also sells ethylene co-products, including propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on a spot or contract basis. Westlake Chemical Partners GP LLC serves as the general partner of the company. The company was founded in 2014 and is headquartered in Houston, Texas.
IPO Year: 2014
Exchange: NYSE
Website: wlkpartners.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
3/2/2022 | $30.00 → $31.00 | Buy | Deutsche Bank |
7/16/2021 | $27.00 | Buy → Underperform | BofA Securities |