Westlake Chemical Partners (WLKP) News Today

Westlake Chemical Partners (NYSE:WLKP) Share Price Passes Below 200-Day Moving Average of $22.45

Westlake Chemical Partners LP (NYSE:WLKP - Get Free Report) SVP Andrew Kenner acquired 2,692 shares of the firm's stock in a transaction that occurred on Monday, August 12th. The shares were bought at an average price of $22.63 per share, for a total transaction of $60,919.96. Following the completion of the purchase, the senior vice president now owns 185,000 shares in the company, valued at approximately $4,186,550. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Barclays upgraded shares of Westlake Chemical Partners to a "strong-buy" rating in a research note on Monday.

Westlake Chemical Partners LP (NYSE:WLKP - Get Free Report) SVP Andrew Kenner purchased 12,000 shares of the stock in a transaction on Friday, August 9th. The stock was acquired at an average cost of $22.99 per share, with a total value of $275,880.00. Following the completion of the purchase, the senior vice president now directly owns 182,308 shares of the company's stock, valued at $4,191,260.92. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.

Westlake Chemical Partners (NYSE:WLKP) will be releasing earnings before the market opens on Tuesday, August 6, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=611527)

Westlake Chemical Partners (NYSE:WLKP) Stock Passes Above 50 Day Moving Average of $22.31

Westlake Chemical Partners (NYSE:WLKP) Stock Crosses Above 50 Day Moving Average of $22.28

Clearbridge Investments LLC decreased its holdings in Westlake Chemical Partners LP (NYSE:WLKP - Free Report) by 9.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 422,835 shares of the basic materials co

Westlake Chemical Partners (NYSE:WLKP) Sees Strong Trading Volume Following Insider Buying Activity

Westlake Chemical Partners LP (NYSE:WLKP - Get Free Report) SVP Andrew Kenner acquired 7,178 shares of the firm's stock in a transaction dated Friday, May 10th. The shares were acquired at an average price of $22.07 per share, with a total value of $158,418.46. Following the acquisition, the senior vice president now owns 168,017 shares in the company, valued at approximately $3,708,135.19. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Westlake Chemical Partners LP (NYSE:WLKP - Get Free Report) SVP Andrew Kenner bought 10,000 shares of Westlake Chemical Partners stock in a transaction that occurred on Wednesday, May 8th. The stock was purchased at an average cost of $22.10 per share, for a total transaction of $221,000.00. Following the acquisition, the senior vice president now owns 160,839 shares of the company's stock, valued at $3,554,541.90. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Westlake Chemical Partners (NYSE:WLKP) Sees Strong Trading Volume

Westlake Chemical Partners (NYSE:WLKP - Get Free Report) announced its earnings results on Wednesday. The basic materials company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.01). The firm had revenue of $284.67 million during the quarter, compared to analyst estimates of $280.76 million. Westlake Chemical Partners had a return on equity of 6.25% and a net margin of 4.56%. During the same quarter in the previous year, the business earned $0.42 earnings per share.

Westlake Chemical Partners LP (NYSE:WLKP) declared a quarterly dividend on Wednesday, May 1st. Shareholders of record on Monday, May 13th will be given a dividend of 0.4714 per share by the basic materials company on Wednesday, May 29th. This represents a $1.89 dividend on an annualized basis and a yield of 8.59%. The ex-dividend date of this dividend is Friday, May 10th.