JeanMarc Gilson - Westlake Chemical CEO President

WLKP Stock  USD 23.10  0.39  1.72%   

CEO

JeanMarc Gilson is CEO President of Westlake Chemical Partners
Age 61
Address 2801 Post Oak Boulevard, Houston, TX, United States, 77056
Phone713 585 2900
Webhttps://www.wlkpartners.com

Westlake Chemical Management Efficiency

The company has return on total asset (ROA) of 0.1826 % which means that it generated a profit of $0.1826 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.4342 %, meaning that it created $0.4342 on every $100 dollars invested by stockholders. Westlake Chemical's management efficiency ratios could be used to measure how well Westlake Chemical manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Westlake Chemical's Return On Capital Employed is relatively stable compared to the past year. As of 11/21/2024, Return On Equity is likely to grow to 0.11, while Return On Tangible Assets are likely to drop 0.04. At this time, Westlake Chemical's Liabilities And Stockholders Equity is relatively stable compared to the past year. As of 11/21/2024, Non Current Liabilities Total is likely to grow to about 459.7 M, while Total Current Liabilities is likely to drop slightly above 55.6 M.
Westlake Chemical Partners currently holds 399.67 M in liabilities with Debt to Equity (D/E) ratio of 0.41, which is about average as compared to similar companies. Westlake Chemical has a current ratio of 3.21, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Westlake Chemical's use of debt, we should always consider it together with its cash and equity.

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Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. The company was incorporated in 2014 and is headquartered in Houston, Texas. Westlake Chemical operates under Chemicals classification in the United States and is traded on New York Stock Exchange. Westlake Chemical Partners (WLKP) is traded on New York Stock Exchange in USA. It is located in 2801 Post Oak Boulevard, Houston, TX, United States, 77056 and employs 17 people. Westlake Chemical is listed under Commodity Chemicals category by Fama And French industry classification.

Management Performance

Westlake Chemical Leadership Team

Elected by the shareholders, the Westlake Chemical's board of directors comprises two types of representatives: Westlake Chemical inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Westlake. The board's role is to monitor Westlake Chemical's management team and ensure that shareholders' interests are well served. Westlake Chemical's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Westlake Chemical's outside directors are responsible for providing unbiased perspectives on the board's policies.
Johnathan Zoeller, Chief Accounting Officer, Vice President of Westlake Chemical Partners GP LLC
Benjamin JD, Gen Mat
Benjamin Ederington, General Counsel of Westlake Chemical Partners GP LLC, VP of Westlake Chemical Partners GP LLC, Corporate Secretary of Westlake Chemical Partners GP LLC and Westlake Chemical Partners GP LLC
Randy Woelfel, Independent Director of Westlake Chemical Partners GP LLC
JeanMarc Gilson, CEO President
G Finley, Independent Director of Westlake Chemical Partners GP LLC
Andrew Kenner, Senior LLC
James Chao, Chairman of the Board of Westlake Chemical Partners GP LLC,
Albert Chao, CEO of Westlake Chemical Partners GP LLC and President of Westlake Chemical Partners GP LLC and Director of Westlake Chemical Partners GP LLC
L Ederington, Senior Vice President, Chief Administrative Officer, General Counsel, Company Secretary, Director
Mark CPA, CFO VP
Angela Minas, Independent Director of Westlake Chemical Partners GP LLC
Jeff Holy, Treasurer VP
Tom Janssens, Vice President - Olefins, Feedstocks & Energy
Lawrence Teel, Executive Vice President and Special Advisor to the CEO
M Bender, Chief Financial Officer, Senior Vice President, Director of Westlake Chemical Partners GP LLC
Jeffrey Holy, Treasurer VP

Westlake Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Westlake Chemical a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Westlake Chemical

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Westlake Chemical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Westlake Chemical will appreciate offsetting losses from the drop in the long position's value.

Moving against Westlake Stock

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The ability to find closely correlated positions to Westlake Chemical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Westlake Chemical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Westlake Chemical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Westlake Chemical Partners to buy it.
The correlation of Westlake Chemical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Westlake Chemical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Westlake Chemical moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Westlake Chemical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Westlake Stock Analysis

When running Westlake Chemical's price analysis, check to measure Westlake Chemical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Westlake Chemical is operating at the current time. Most of Westlake Chemical's value examination focuses on studying past and present price action to predict the probability of Westlake Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westlake Chemical's price. Additionally, you may evaluate how the addition of Westlake Chemical to your portfolios can decrease your overall portfolio volatility.