initial public offerings (IPOs) trading on American exchanges

Thursday, September 4, 2014

Westlake Chemical Partners (WLKP) began trading on the NYSE on 30 July 2014


Description

Westlake Chemical Partners LP (Westlake) operates, acquires and develops ethylene production facilities and related assets. Westlake is a vertically-integrated, international manufacturer and marketer of basic chemicals, polymers, and fabricated building products. It owns a 10% limited partner interest and the general partner interest in Westlake Chemical OpCo LP (OpCo). Its business and operations are conducted through OpCo. OpCo’s assets are integral to Westlake’s manufacturing and marketing operations in Lake Charles, Louisiana and Calvert City, Kentucky. OpCo’s initial assets and operations are organized as one reportable segment: Lake Charles Olefins Production Facilities, Calvert City Olefins Production Facility and Longview Pipeline.

Address

2801 Post Oak Blvd Ste 600
HOUSTON, TX 77056-6110
United States 

Key stats and ratios

Q1 (Mar '14)2013
Net profit margin25.69%25.69%
Operating margin40.09%39.81%
EBITD margin-43.27%
Return on average assets55.98%58.26%
Return on average equity133.81%149.89%
Employees2,169

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