Westlake Chemical Partners LP
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
About Westlake Chemical Partners LP
Industrial Organic Chemicals, SIC 2860
Westlake Chemical Partners LP operates, acquires, and develops ethylene production facilities and related assets through its operating subsidiary. The partnership conducts operations in a single reportable business segment focused on manufacturing ethylene. It also yields chemical co-products, such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen. Westlake purchases most of the produced ethylene under a long-term sales contract for downstream derivative manufacturing, while remaining volumes and co-products are sold to third-party purchasers.
All assets and operations are situated in the United States. The enterprise maintains three ethylene production facilities across sites in Lake Charles, Louisiana, and Calvert City, Kentucky, providing an annual combined capacity of roughly 3.7 billion pounds. It also controls a 200-mile ethylene pipeline running between Mont Belvieu and Longview, Texas, with an everyday capacity of 3.5 million pounds. The provided text does not state the location of the company's headquarters.
Summary of the business section of Westlake Chemical Partners LP's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Westlake Chemical Partners LP
- Founded
- 2014
- Headquarters
- Houston, TX
- Address
- 5444 Westheimer, Suite 101
- Phone
- (713) 960-9111
- Website
- wlkpartners.com
- Industry
- Industrial Organic Chemicals
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Houston, Texas
Stock & identifiers
- Ticker
- WLKP
- Exchange
- NYSE
- IPO date
- Jul 30, 2014
- Shares outstanding
- 35M, Jul 29, 2026
- Public float
- $425.60M, Jun 30, 2025
- Filer category
- Accelerated filer
- SEC CIK
- 1604665
- CUSIP
- 960417103
- ISIN
- US9604171036
- LEI
- 5493001UJXZP4TJUQM76
- EIN
- 32-0436529
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Jonathan Baksht | SVP and CFO, Director | – |
| Jean-Marc Gilson | President and CEO, Director | 11,803 |
| James Chao | Senior Chairman, Director | 15,532,572 |
| Tommy Darby | VP and CAO | – |
| Amy Ellender Moore | VP, Olefins & Polyethylene | – |
| G. Stephen Finley | Director | 36,935 |
| Randy Woelfel | Director | 23,913 |
| Lisa A. Friel | Director | 9,666 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2023 Mr.Albert Chao | $125.60K | $125.60K | $72.10K | $114 | $114 |
| FY2022 Mr.Albert Chao | $120.10K | $120.10K | $66.00K | $114 | $108 |
| FY2021 Mr.Albert Chao | $116.32K | $116.32K | $63.88K | $121 | $124 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Mar 29, 2019 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Oct 3, 2017 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 30, 2015 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Aug 4, 2014 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jul 24, 2014 | Listing | Registration of securities on an exchange (Form 8-A) |