Westlake Chemical Partners LP

NYSE:WLKP Stock Report

Market Cap: US$827.8m

Westlake Chemical Partners Management

Management criteria checks 2/4

Westlake Chemical Partners' CEO is Jean-Marc Gilson, appointed in Jul 2024, has a tenure of less than a year. directly owns 0.011% of the company’s shares, worth $92.21K. The average tenure of the management team and the board of directors is 4.9 years and 7.9 years respectively.

Key information

Jean-Marc Gilson

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenureless than a year
CEO ownership0.01%
Management average tenure4.9yrs
Board average tenure7.9yrs

Recent management updates

Recent updates

Westlake Chemical Partners: A Value Investor's Dream With Superb Dividend

Nov 04

Westlake Corporation: Looks Attractive Even Without Momentum Assumptions

Apr 23

Westlake Chemical Partners: Units Near Fair Value, Yield Premium Fair

Dec 19

Westlake Chemical Partners: Attractive And Overlooked Income Play

Oct 03

Westlake Chemical: Environmental Investments Could Accelerate The Demand For The Stock

Aug 01

Westlake Chemical Partners: Strategically Positioned To Benefit From Megatrends

Jul 24

Westlake Chemical Partners Q4 2022 Earnings Preview

Feb 20

Westlake Chemical Partners: Priced Right Ahead Of Earnings, Steady Dividends Expected

Feb 06

Westlake Chemical Partners declares $0.4714 dividend

Jan 23

Westlake Chemical Partners Benefits From Retreat In Natural Gas Prices

Nov 14

Westlake Chemical Partners declares $0.4714 dividend

Oct 31

Westlake Chemical Partners Getting Crimped By Feedstock But Still Cheap

Aug 25

Westlake Chemical Partners Has Solid Margins Till 2026

Jul 27

Westlake Chemical Partners: More Of The Same In 2022, Downgrading

May 06

Westlake Chemical Partners: Growth, Staying Power, And A 7% Yield

Feb 15

Westlake Chemical Partners: Too Conservatively Financed For Their Own Good

Nov 17

Westlake Chemical Partners: A Very Stable MLP That's Still Selling At A Discount

Jul 08

Westlake Chemical Partners declares $0.4714 dividend

May 03

The High-Yielding Standout MLP: Westlake Chemical Partners

Jan 11

Westlake Chemical Partners: Premier High-Yielder Right Now, Maybe More One Day

Nov 25

Westlake Chemical Partners EPS beats by $0.11, misses on revenue

Nov 03

Westlake Chemical Partners declares $0.4714 dividend

Oct 30

CEO

Jean-Marc Gilson (61 yo)

less than a year

Tenure

Mr. Jean-Marc Gilson is President, CEO & Director of Westlake Chemical Partners LP from July 2024. Mr. Jean-Marc is President, Chief Executive Officer and Director of Westlake Chemical Partners GP LLC from...


Leadership Team

NamePositionTenureCompensationOwnership
Albert Chao
Executive Chairman of the Board Westlake Chemical Partners GP LLC21.5yrsUS$125.60k0.52%
$ 4.3m
Mark Bender
Executive VP16.8yrsUS$72.10k0.040%
$ 328.9k
Jean-Marc Gilson
Presidentless than a yearno data0.011%
$ 92.2k
Jeffrey Holy
VP, Treasurer & Chief Accounting Officer of Westlake Chemical Partners GP LLC7.1yrsno datano data
L. Ederington
EVP Perf. & Ess. Mat.10.8yrsno data0.034%
$ 281.9k
Andrew Kenner
Senior VP of Olefin Materials & Corporate Procurement of Westlake Chemical Partners GP LLC2.8yrsno data0.52%
$ 4.3m

4.9yrs

Average Tenure

61yo

Average Age

Experienced Management: WLKP's management team is considered experienced (4.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Albert Chao
Executive Chairman of the Board Westlake Chemical Partners GP LLC21.5yrsUS$125.60k0.52%
$ 4.3m
Mark Bender
Executive VP10.8yrsUS$72.10k0.040%
$ 328.9k
Jean-Marc Gilson
Presidentless than a yearno data0.011%
$ 92.2k
L. Ederington
EVP Perf. & Ess. Mat.10.8yrsno data0.034%
$ 281.9k
George Finley
Independent Director of Westlake Chemical Partners GP LLC4.8yrsUS$233.24k0.077%
$ 635.4k
James Chao
Senior Chairman of the Board10.8yrsno data0.039%
$ 326.7k
Randy Woelfel
Independent Director of Westlake Chemical Partners GP LLC5.1yrsUS$213.24k0.068%
$ 561.7k
Lisa Friel
Independent Director of Westlake Chemical Partners GP LLC1.7yrsUS$289.06k0.013%
$ 110.9k

7.9yrs

Average Tenure

68yo

Average Age

Experienced Board: WLKP's board of directors are considered experienced (7.9 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 02:09
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Westlake Chemical Partners LP is covered by 12 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Richard GrossBarclays
Michael LeitheadBarclays
Stephen V. ByrneBofA Global Research