Westlake Chemical PartnersWLKP
Market Cap: $789M
About: Westlake Chemical Partners LP is a part of the chemical industry in the United States. Its operations are conducted through OpCo, it acquires and develop ethyelene production facilities, which convert ethane into ethylene. OpCo sells ethylene and its co-products such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen to Westlake and other customers located in the United States. Its assets include three ethylene production facilities in Calvert City, Kentucky, and Lake Charles, Louisiana.
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
1,122% more call options, than puts
Call options by funds: $2.14M | Put options by funds: $175K
0% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 14
2% less capital invested
Capital invested by funds: $238M [Q1] → $233M (-$4.91M) [Q2]
1.13% less ownership
Funds ownership: 30.39% [Q1] → 29.26% (-1.13%) [Q2]
5% less funds holding
Funds holding: 61 [Q1] → 58 (-3) [Q2]
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
Research analyst outlook
We haven’t received any recent analyst ratings for WLKP.