L Ederington - Westlake Chemical President

WLKP Stock  USD 21.89  0.03  0.14%   

President

L Ederington is Senior Vice President, Chief Administrative Officer, General Counsel, Company Secretary, Director of Westlake Chemical Partners since 2020.
Age 49
Tenure 4 years
Address 2801 Post Oak Boulevard, Houston, TX, United States, 77056
Phone713 585 2900
Webhttps://www.wlkpartners.com

Westlake Chemical Management Efficiency

The company has return on total asset (ROA) of 0.1663 % which means that it generated a profit of $0.1663 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.3803 %, meaning that it created $0.3803 on every $100 dollars invested by stockholders. Westlake Chemical's management efficiency ratios could be used to measure how well Westlake Chemical manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Westlake Chemical's Return On Capital Employed is relatively stable compared to the past year. As of 04/30/2024, Return On Equity is likely to grow to 0.11, while Return On Tangible Assets are likely to drop 0.04. At this time, Westlake Chemical's Liabilities And Stockholders Equity is relatively stable compared to the past year. As of 04/30/2024, Non Current Liabilities Total is likely to grow to about 459.7 M, while Total Current Liabilities is likely to drop slightly above 55.6 M.
The company currently holds 399.67 M in liabilities with Debt to Equity (D/E) ratio of 0.41, which is about average as compared to similar companies. Westlake Chemical has a current ratio of 3.21, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Westlake Chemical until it has trouble settling it off, either with new capital or with free cash flow. So, Westlake Chemical's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Westlake Chemical sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Westlake to invest in growth at high rates of return. When we think about Westlake Chemical's use of debt, we should always consider it together with cash and equity.

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Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. The company was incorporated in 2014 and is headquartered in Houston, Texas. Westlake Chemical operates under Chemicals classification in the United States and is traded on New York Stock Exchange. Westlake Chemical Partners (WLKP) is traded on New York Stock Exchange in USA. It is located in 2801 Post Oak Boulevard, Houston, TX, United States, 77056 and employs 22 people. Westlake Chemical is listed under Commodity Chemicals category by Fama And French industry classification.

Management Performance

Westlake Chemical Leadership Team

Elected by the shareholders, the Westlake Chemical's board of directors comprises two types of representatives: Westlake Chemical inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Westlake. The board's role is to monitor Westlake Chemical's management team and ensure that shareholders' interests are well served. Westlake Chemical's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Westlake Chemical's outside directors are responsible for providing unbiased perspectives on the board's policies.
Johnathan Zoeller, Chief Accounting Officer, Vice President of Westlake Chemical Partners GP LLC
Benjamin Ederington, General Counsel of Westlake Chemical Partners GP LLC, VP of Westlake Chemical Partners GP LLC, Corporate Secretary of Westlake Chemical Partners GP LLC and Westlake Chemical Partners GP LLC
Randy Woelfel, Independent Director of Westlake Chemical Partners GP LLC
Gary Adams, Independent Director
Mark Bender, CFO, Senior Vice President Director of Westlake Chemical Partners GP LLC
G Finley, Independent Director of Westlake Chemical Partners GP LLC
Max Lukens, Independent Director
Andrew Kenner, Senior LLC
David Lumpkins, Director of Westlake Chemical Partners GP LLC
James Chao, Chairman of the Board of Westlake Chemical Partners GP LLC,
Albert Chao, CEO of Westlake Chemical Partners GP LLC and President of Westlake Chemical Partners GP LLC and Director of Westlake Chemical Partners GP LLC
Steven Bender, CFO, Senior Vice President Director of Westlake Chemical Partners GP LLC
L Ederington, Senior Vice President, Chief Administrative Officer, General Counsel, Company Secretary, Director
Mark CPA, CFO VP
David Hansen, Sr. VP of Admin.- Westlake Chemical Partners GP LLC
Angela Minas, Independent Director of Westlake Chemical Partners GP LLC
Jeff Holy, VP LLC
Tom Janssens, Vice President - Olefins, Feedstocks & Energy
Lawrence Teel, Executive Vice President and Special Advisor to the CEO
George Mangieri, Chief Accounting Officer of Westlake Chemical Partners GP LLC and VP of Westlake Chemical Partners GP LLC
M Bender, Chief Financial Officer, Senior Vice President, Director of Westlake Chemical Partners GP LLC
Louis Ederington, Vice President General Counsel, Secretary, Director of Westlake Chemical Partners LP

Westlake Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Westlake Chemical a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Westlake Chemical is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Westlake Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Westlake Chemical Partners Stock. Highlighted below are key reports to facilitate an investment decision about Westlake Chemical Partners Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westlake Chemical Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
To learn how to invest in Westlake Stock, please use our How to Invest in Westlake Chemical guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running Westlake Chemical's price analysis, check to measure Westlake Chemical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Westlake Chemical is operating at the current time. Most of Westlake Chemical's value examination focuses on studying past and present price action to predict the probability of Westlake Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westlake Chemical's price. Additionally, you may evaluate how the addition of Westlake Chemical to your portfolios can decrease your overall portfolio volatility.
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Is Westlake Chemical's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Westlake Chemical. If investors know Westlake will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Westlake Chemical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.15)
Dividend Share
1.886
Earnings Share
1.54
Revenue Per Share
33.806
Quarterly Revenue Growth
(0.19)
The market value of Westlake Chemical is measured differently than its book value, which is the value of Westlake that is recorded on the company's balance sheet. Investors also form their own opinion of Westlake Chemical's value that differs from its market value or its book value, called intrinsic value, which is Westlake Chemical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Westlake Chemical's market value can be influenced by many factors that don't directly affect Westlake Chemical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Westlake Chemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westlake Chemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westlake Chemical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.