Westlake Chemical Partners Stock Today
| WLKP Stock | USD 23.37 0.30 1.30% |
Performance7 of 100
| Odds Of DistressLess than 6
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Westlake Chemical is selling at 23.37 as of the 24th of November 2024; that is 1.30% increase since the beginning of the trading day. The stock's last reported lowest price was 22.95. Westlake Chemical has only a 6 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Westlake Chemical Partners are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of December 2022 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain Materials | IPO Date 30th of July 2014 | Category Basic Materials |
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.. The company has 35.24 M outstanding shares of which 134.49 K shares are at this time shorted by private and institutional investors with about 6.95 trading days to cover. More on Westlake Chemical Partners
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Westlake Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO President | JeanMarc Gilson | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Chemicals (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Commodity Chemicals, Materials, Basic Materials, Chemicals, Materials, Chemicals, Chemicals, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsWestlake Chemical can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Westlake Chemical's financial leverage. It provides some insight into what part of Westlake Chemical's total assets is financed by creditors.
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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. The company currently falls under 'Small-Cap' category with a current market capitalization of 823.53 M. Westlake Chemical conducts business under Chemicals sector and is part of Materials industry. The entity has 35.24 M outstanding shares of which 134.49 K shares are at this time shorted by private and institutional investors with about 6.95 trading days to cover.
Westlake Chemical Partners currently holds about 18.37 M in cash with 452 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.52.
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Ownership AllocationWestlake Chemical Partners retains a total of 35.24 Million outstanding shares. Westlake Chemical owns significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Westlake Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Scopus Asset Management, Llc | 2024-09-30 | 71 K | |
| Natixis Sa | 2024-09-30 | 70 K | |
| Glenmede Trust Co Na | 2024-09-30 | 55.5 K | |
| Eagle Global Advisors, Llc | 2024-09-30 | 43.9 K | |
| Pinnacle Holdings, Llc | 2024-06-30 | 41.5 K | |
| Citadel Advisors Llc | 2024-09-30 | 35.9 K | |
| International Assets Investment Management, Llc | 2024-09-30 | 32.8 K | |
| Lpl Financial Corp | 2024-09-30 | 30.9 K | |
| Gilman Hill Asset Management, Llc | 2024-09-30 | 30.4 K | |
| Amvescap Plc. | 2024-06-30 | 5.3 M | |
| Pathway Financial Advisors, Llc | 2024-09-30 | 2.2 M |
Westlake Chemical Historical Income Statement
Westlake Stock Against Markets
Westlake Chemical Corporate Management
| 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 | Profile | |
| Johnathan Zoeller | Chief Accounting Officer, Vice President of Westlake Chemical Partners GP LLC | Profile | |
| Benjamin JD | Gen Mat | Profile | |
| Randy Woelfel | Independent Director of Westlake Chemical Partners GP LLC | Profile | |
| G Finley | Independent Director of Westlake Chemical Partners GP LLC | Profile | |
| Andrew Kenner | Senior LLC | Profile |
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The danger of trading Westlake Chemical Partners is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Westlake Chemical is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Westlake Chemical. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Westlake Chemical is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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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.