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Westlake Chemical Partners LP

WLKP
18.685USD
-0.195-1.03%
Close 12/26, 16:00ETQuotes delayed by 15 min
658.57MMarket Cap
13.39P/E TTM

Westlake Chemical Partners LP

18.685
-0.195-1.03%

More Details of Westlake Chemical Partners LP Company

Westlake Chemical Partners LP is a limited partnership formed by Westlake Corporation to operate, acquire, and develop ethylene production facilities and other qualified assets. Its business and operations are conducted through OpCo. OpCo's assets consist of three ethylene production facilities in Calvert City, Kentucky, and Lake Charles, Louisiana, as well as an ethylene pipeline, which primarily converts ethane into ethylene and has an aggregate annual capacity of approximately 3.7 billion pounds, and a 200-mile ethylene pipeline. It owns two ethylene production facilities at Westlake's Lake Charles, Louisiana site (Petro 1 and Petro 2, collectively Lake Charles Olefins), with an annual combined capacity of approximately 3.0 billion pounds. The Company owns one ethylene production facility at Westlake's Calvert City, Kentucky site (Calvert City Olefins), with an annual capacity of approximately 730 million pounds.

Westlake Chemical Partners LP Info

Ticker SymbolWLKP
Company nameWestlake Chemical Partners LP
IPO dateJul 30, 2014
CEOGilson (Jean-Marc)
Number of employees- -
Security typeUnit
Fiscal year-endJul 30
AddressSuite 600
CityHOUSTON
Stock exchangeNASDAQ OMX NASDAQ Basic NYSE
CountryUnited States of America
Postal code77056
Phone17139609111
Websitehttps://wlkpartners.com/
Ticker SymbolWLKP
IPO dateJul 30, 2014
CEOGilson (Jean-Marc)

Company Executives of Westlake Chemical Partners LP

Name
Name/Position
Position
Shareholding
Change
Mr. Andrew F. Kenner
Mr. Andrew F. Kenner
Senior Vice President - Olefin Materials and Corporate Procurement
Senior Vice President - Olefin Materials and Corporate Procurement
185.00K
+8.63%
Mr. Albert Y. Chao
Mr. Albert Y. Chao
Executive Chairman of the Board of Westlake Chemical Partners GP LLC
Executive Chairman of the Board of Westlake Chemical Partners GP LLC
175.53K
--
Mr. Jean-Marc Gilson
Mr. Jean-Marc Gilson
President, Chief Executive Officer, Director of Westlake Chemical Partners GP LLC
President, Chief Executive Officer, Director of Westlake Chemical Partners GP LLC
13.40K
+226.49%
Ms. Lisa A. Friel
Ms. Lisa A. Friel
Independent Director of Westlake Chemical Partners GP LLC
Independent Director of Westlake Chemical Partners GP LLC
7.16K
+51.69%
Mr. Jeffrey A. Holy
Mr. Jeffrey A. Holy
Chief Accounting Officer, Vice President of Westlake Chemical Partners GP LLC
Chief Accounting Officer, Vice President of Westlake Chemical Partners GP LLC
--
--
Mr. James Y. Chao
Mr. James Y. Chao
Senior Chairman of the Board of Westlake Chemical Partners GP LLC
Senior Chairman of the Board of Westlake Chemical Partners GP LLC
--
--
Mr. M. Steven Bender
Mr. M. Steven Bender
Chief Financial Officer, Executive Vice President, Director
Chief Financial Officer, Executive Vice President, Director
--
--
Mr. Randy G. Woelfel
Mr. Randy G. Woelfel
Independent Director of Westlake Chemical Partners GP LLC
Independent Director of Westlake Chemical Partners GP LLC
--
--
Mr. G. Stephen Finley
Mr. G. Stephen Finley
Independent Director of Westlake Chemical Partners GP LLC
Independent Director of Westlake Chemical Partners GP LLC
--
--
Mr. L. Benjamin Ederington
Mr. L. Benjamin Ederington
Executive Vice President - Performance and Essential Materials, Chief Administrative Officer, General Counsel, Director
Executive Vice President - Performance and Essential Materials, Chief Administrative Officer, General Counsel, Director
--
--
Name
Name/Position
Position
Shareholding
Change
Mr. Andrew F. Kenner
Mr. Andrew F. Kenner
Senior Vice President - Olefin Materials and Corporate Procurement
Senior Vice President - Olefin Materials and Corporate Procurement
185.00K
+8.63%
Mr. Albert Y. Chao
Mr. Albert Y. Chao
Executive Chairman of the Board of Westlake Chemical Partners GP LLC
Executive Chairman of the Board of Westlake Chemical Partners GP LLC
175.53K
--
Mr. Jean-Marc Gilson
Mr. Jean-Marc Gilson
President, Chief Executive Officer, Director of Westlake Chemical Partners GP LLC
President, Chief Executive Officer, Director of Westlake Chemical Partners GP LLC
13.40K
+226.49%
Ms. Lisa A. Friel
Ms. Lisa A. Friel
Independent Director of Westlake Chemical Partners GP LLC
Independent Director of Westlake Chemical Partners GP LLC
7.16K
+51.69%
Mr. Jeffrey A. Holy
Mr. Jeffrey A. Holy
Chief Accounting Officer, Vice President of Westlake Chemical Partners GP LLC
Chief Accounting Officer, Vice President of Westlake Chemical Partners GP LLC
--
--
Mr. James Y. Chao
Mr. James Y. Chao
Senior Chairman of the Board of Westlake Chemical Partners GP LLC
Senior Chairman of the Board of Westlake Chemical Partners GP LLC
--
--

Revenue Breakdown

FY2025Q2
FY2025Q1
FY2024
FY2023
FY2022
FY2021
Relevant data have not been disclosed by the company yet.
By RegionUSD
Name
Revenue
Proportion
United States
297.12M
0.00%
By Business
By Region
Relevant data have not been disclosed by the company yet.

Shareholding Stats

Updated: Sat, Nov 15
Updated: Sat, Nov 15
Shareholders
Shareholder Types
Shareholders
Shareholders
Proportion
WPT, L.L.C.
40.07%
Invesco Advisers, Inc.
14.27%
Energy Income Partners LLC
5.04%
TTWF, L.P.
3.98%
Mirae Asset Global Investments (USA) LLC
1.64%
Other
35.01%
Shareholders
Shareholders
Proportion
WPT, L.L.C.
40.07%
Invesco Advisers, Inc.
14.27%
Energy Income Partners LLC
5.04%
TTWF, L.P.
3.98%
Mirae Asset Global Investments (USA) LLC
1.64%
Other
35.01%
Shareholder Types
Shareholders
Proportion
Corporation
44.05%
Investment Advisor/Hedge Fund
21.23%
Investment Advisor
4.85%
Research Firm
2.28%
Individual Investor
1.31%
Hedge Fund
0.19%
Bank and Trust
0.15%
Other
25.95%

Institutional Shareholding

Updated: Wed, Oct 1
Updated: Wed, Oct 1
Reporting Period
No. of institutions
Shares Held
Proportion
Change
2025Q3
102
10.38M
29.46%
-1.78M
2025Q2
112
27.82M
78.94%
-930.40K
2025Q1
118
27.83M
78.98%
-891.38K
2024Q4
122
28.08M
79.67%
-530.42K
2024Q3
118
27.88M
79.13%
-676.20K
2024Q2
125
27.88M
79.11%
-869.64K
2024Q1
120
28.06M
79.64%
-698.48K
2023Q4
122
28.07M
79.69%
-627.37K
2023Q3
124
28.33M
80.43%
+1.27M
2023Q2
123
28.50M
80.92%
+1.18M
View more

Shareholder Activity

Name
Shares Held
Proportion
Change
Chg %
Date
WPT, L.L.C.
14.12M
40.08%
--
--
Feb 21, 2025
Invesco Advisers, Inc.
5.20M
14.75%
--
--
Jun 30, 2025
Energy Income Partners LLC
1.77M
5.04%
+24.46K
+1.40%
Jun 30, 2025
TTWF, L.P.
1.40M
3.98%
--
--
Feb 21, 2025
Mirae Asset Global Investments (USA) LLC
583.93K
1.66%
+32.86K
+5.96%
Jun 30, 2025
ClearBridge Investments, LLC
422.83K
1.2%
--
--
Jun 30, 2025
UBS Financial Services, Inc.
470.11K
1.33%
-22.32K
-4.53%
Jun 30, 2025
BofA Global Research (US)
252.07K
0.72%
+194.00
+0.08%
Jun 30, 2025
Goldman Sachs & Company, Inc.
230.50K
0.65%
+1.62K
+0.71%
Jun 30, 2025
Citi Investment Research (US)
187.49K
0.53%
+67.19K
+55.85%
Jun 30, 2025
View more

Related ETFs

Updated: Sat, Dec 6
Updated: Sat, Dec 6
Name
Proportion
Global X SuperDividend U.S. ETF
1.68%
FT Energy Income Partners Enhanced Income ETF
0.66%
First Trust North American Energy Infrastructure Fund
0.58%
Acquirers Small and Micro Deep Value ETF
0%
Global X SuperDividend U.S. ETF
Proportion1.68%
FT Energy Income Partners Enhanced Income ETF
Proportion0.66%
First Trust North American Energy Infrastructure Fund
Proportion0.58%
Acquirers Small and Micro Deep Value ETF
Proportion0%

Dividend

A total of 332.01M USD has been distributed in dividends over the past 5 years.
Date
Dividend
Record Date
Payment Date
Ex-dividend Date
Oct 28, 2025
WLKP.NB Interim Cash Dividend of gross USD 0.4714 paid on Nov 26, 2025 going ex on Nov 10, 2025
Nov 10, 2025
Nov 26, 2025
Nov 10, 2025
Jul 30, 2025
WLKP.NB Interim Cash Dividend of gross USD 0.4714 paid on Aug 27, 2025 going ex on Aug 12, 2025
Aug 12, 2025
Aug 27, 2025
Aug 12, 2025
Apr 30, 2025
WLKP.NB Interim Cash Dividend of gross USD 0.4714 paid on May 29, 2025 going ex on May 13, 2025
May 13, 2025
May 29, 2025
May 13, 2025
Jan 28, 2025
WLKP.NB Interim Cash Dividend of gross USD 0.4714 paid on Feb 25, 2025 going ex on Feb 07, 2025
Feb 07, 2025
Feb 25, 2025
Feb 07, 2025
Oct 31, 2024
WLKP.NB Final Cash Dividend of gross USD 0.4714 paid on Nov 27, 2024 going ex on Nov 12, 2024
Nov 12, 2024
Nov 27, 2024
Nov 12, 2024
Jul 30, 2024
WLKP.NB Interim Cash Dividend of gross USD 0.4714 paid on Aug 27, 2024 going ex on Aug 12, 2024
Aug 12, 2024
Aug 27, 2024
Aug 12, 2024
Apr 30, 2024
WLKP.NB Interim Cash Dividend of gross USD 0.4714 paid on May 29, 2024 going ex on May 10, 2024
May 13, 2024
May 29, 2024
May 10, 2024
Jan 22, 2024
WLKP.NB Interim Cash Dividend of gross USD 0.4714 paid on Feb 20, 2024 going ex on Feb 01, 2024
Feb 02, 2024
Feb 20, 2024
Feb 01, 2024
Oct 31, 2023
WLKP.NB Interim Cash Dividend of gross USD 0.4714 paid on Nov 27, 2023 going ex on Nov 09, 2023
Nov 10, 2023
Nov 27, 2023
Nov 09, 2023
Aug 01, 2023
WLKP.NB Interim Cash Dividend of gross USD 0.4714 paid on Aug 25, 2023 going ex on Aug 10, 2023
Aug 11, 2023
Aug 25, 2023
Aug 10, 2023
View more

Stock Split

Date
Type
Ratio
No Data
Date
Type
Ratio
No Data

FAQs

Who are the top five shareholders of Westlake Chemical Partners LP?

The top five shareholders of Westlake Chemical Partners LP are:
WPT, L.L.C. holds 14.12M shares, accounting for 40.08% of the total shares.
Invesco Advisers, Inc. holds 5.20M shares, accounting for 14.75% of the total shares.
Energy Income Partners LLC holds 1.77M shares, accounting for 5.04% of the total shares.
TTWF, L.P. holds 1.40M shares, accounting for 3.98% of the total shares.
Mirae Asset Global Investments (USA) LLC holds 583.93K shares, accounting for 1.66% of the total shares.

What are the top three shareholder types of Westlake Chemical Partners LP?

The top three shareholder types of Westlake Chemical Partners LP are:
WPT, L.L.C.
Invesco Advisers, Inc.
Energy Income Partners LLC

How many institutions hold shares of Westlake Chemical Partners LP (WLKP)?

As of 2025Q3, 102 institutions hold shares of Westlake Chemical Partners LP, with a combined market value of approximately 10.38M, accounting for 29.46% of the total shares. Compared to 2025Q2, institutional shareholding has increased by -49.48%.

What is the biggest source of revenue for Westlake Chemical Partners LP?

In FY2025Q2, the -- business generated the highest revenue for Westlake Chemical Partners LP, amounting to -- and accounting for --% of total revenue.
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