WLKP Westlake Chemical Partners LP

Westlake Chemical Partners LP

Major Chemicals

Industrials

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

Peers

$WLK

Recent Analyst Ratings for Westlake Chemical Partners LP

Date	Price Target	Rating	Analyst
3/2/2022	$30.00 → $31.00	Buy	Deutsche Bank
7/16/2021	$27.00	Buy → Underperform	BofA Securities

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Westlake Chemical Partners LP

Peers

Recent Analyst Ratings for Westlake Chemical Partners LP

Westlake Chemical Partners LP Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Senior Chairman Chao James sold $81,770 worth of Common Units (3,700 units at $22.10), closing all direct ownership in the company (SEC Form 4)

Senior Chairman Chao James sold $225,989 worth of Common Units (10,208 units at $22.14), decreasing direct ownership by 73% to 3,700 units (SEC Form 4)

President and CEO Gilson Jean-Marc bought $22,830 worth of Common Units (1,000 units at $22.83), increasing direct ownership by 34% to 3,927 units (SEC Form 4)

President and CEO Gilson Jean-Marc bought $45,842 worth of Common Units (2,000 units at $22.92), increasing direct ownership by 216% to 2,927 units (SEC Form 4)

President and CEO Gilson Jean-Marc bought $21,090 worth of Common Units (927 units at $22.75) (SEC Form 4)

SVP, Olefin Material & Corp Pr Kenner Andrew bought $60,915 worth of Common Units (2,692 units at $22.63), increasing direct ownership by 1% to 185,000 units (SEC Form 4)

Director Finley G Stephen converted options into 4,560 units of Common Units, increasing direct ownership by 20% to 27,048 units (SEC Form 4)

Director Woelfel Randy converted options into 4,560 units of Common Units and returned $78,455 worth of Common Units to the company (3,420 units at $22.94), increasing direct ownership by 5% to 23,913 units (SEC Form 4)

Director Friel Lisa A. converted options into 4,560 units of Common Units and returned $52,303 worth of Common Units to the company (2,280 units at $22.94), increasing direct ownership by 93% to 4,722 units (SEC Form 4)

SVP, Olefin Material & Corp Pr Kenner Andrew bought $275,868 worth of Common Units (12,000 units at $22.99), increasing direct ownership by 7% to 182,308 units (SEC Form 4)