Westlake Chemical Partners (NYSE:WLKP) reported earnings of $0.40 per share missing Walls Streets expectations.

ME Staff
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Westlake Chemical Partners (NYSE:WLKP) reported Q2 2018 earnings this Morning, coming in at $0.40 per share, missing Wall Street’s estimates of $0.43 per Share. Revenue for the quarter came in at $302.00 million beating analyst estimates of $281.41 million

Recent Insider Trading for Westlake Chemical Partners (NYSE:WLKP)

  • On 3/5/2018 Albert Chao, CEO, bought 2,000 with an average share price of $22.91 per share and the total transaction amounting to $45,820.00.
  • On 3/2/2018 Lawrence E Teel, SVP, bought 5,000 with an average share price of $22.75 per share and the total transaction amounting to $113,750.00.
  • On 3/1/2018 Albert Chao, CEO, bought 2,500 with an average share price of $22.98 per share and the total transaction amounting to $57,450.00.
  • On 2/27/2018 Mark Steven Bender, CFO, bought 2,000 with an average share price of $23.77 per share and the total transaction amounting to $47,540.00.
  • On 12/4/2017 James Chao, Director, bought 8,473 with an average share price of $22.17 per share and the total transaction amounting to $187,846.41.
  • On 11/29/2017 Albert Chao, CEO, bought 14,900 with an average share price of $21.98 per share and the total transaction amounting to $327,502.00.



Dividend History for Westlake Chemical Partners (NYSE:WLKP)

  • On 8/1/2018 Westlake Chemical Partners announced a quarterly dividend of $0.4088 6.02% with an ex dividend date of 8/9/2018 which will be payable on 8/10/2018.
  • On 5/1/2018 Westlake Chemical Partners announced a quarterly dividend of $0.3975 7.08% with an ex dividend date of 5/9/2018 which will be payable on 5/10/2018.
  • On 1/30/2018 Westlake Chemical Partners announced a quarterly dividend of $0.3864 6.44% with an ex dividend date of 2/7/2018 which will be payable on 2/8/2018.
  • On 11/2/2017 Westlake Chemical Partners announced a quarterly dividend of $0.3756 6.72% with an ex dividend date of 11/13/2017 which will be payable on 11/14/2017.
  • On 8/2/2017 Westlake Chemical Partners announced a quarterly dividend of $0.3650 5.76% with an ex dividend date of 8/11/2017 which will be payable on 8/15/2017.
  • On 5/2/2017 Westlake Chemical Partners announced a quarterly dividend of $0.3549 5.58% with an ex dividend date of 5/11/2017 which will be payable on 5/15/2017.
  • On 1/27/2017 Westlake Chemical Partners announced a quarterly dividend of $0.3450 5.45% with an ex dividend date of 2/3/2017 which will be payable on 2/7/2017.



About Company
Westlake Chemical Partners LP operates, acquires, and develops ethylene production facilities and related assets in the United States. The company operates ethylene production facilities, which primarily convert ethane into ethylene. It also sells ethylene co-products, including propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on a spot or contract basis. Westlake Chemical Partners GP LLC serves as the general partner of the company. The company was founded in 2014 and is headquartered in Houston, Texas.

Recent Analyst Rating for Westlake Chemical Partners (NYSE:WLKP)

  • On 8/1/2018 quarterly, $0.4088, to 6.02% with a price target of 8/9/2018
  • On 8/10/2018 8/24/2018 5/1/2018, quarterly, to $0.3975 with a price target of 7.08%
  • On 5/9/2018 5/10/2018, 5/24/2018 1/30/2018, to quarterly with a price target of $0.3864
  • On 2/7/2018 2/8/2018, 2/23/2018 11/2/2017, to quarterly with a price target of $0.3756
  • On 11/13/2017 11/14/2017, 11/29/2017 8/2/2017, to quarterly with a price target of $0.3650
  • On 8/11/2017 8/15/2017, 8/29/2017 5/2/2017, to quarterly with a price target of $0.3549



Recent Trading for Westlake Chemical Partners (NYSE:WLKP)
Shares of Westlake Chemical Partners closed the previous trading session at with 26.35 shares trading hands.