L Ederington - Westlake Chemical President
| WLKP Stock | USD 23.77 0.05 0.21% |
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 |
| Phone | 713 585 2900 |
| Web | https://www.wlkpartners.com |
Westlake Chemical Management Efficiency
The company has return on total asset (ROA) of 0.1826 % which means that it generated a profit of $0.1826 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.4342 %, meaning that it created $0.4342 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 11/30/2024, 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 11/30/2024, 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.Similar Executives
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Management Performance
| Return On Equity | 0.43 | ||||
| Return On Asset | 0.18 |
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 JD, Gen Mat | ||
| 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 | ||
| JeanMarc Gilson, CEO President | ||
| G Finley, Independent Director of Westlake Chemical Partners GP LLC | ||
| Andrew Kenner, Senior 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 | ||
| L Ederington, Senior Vice President, Chief Administrative Officer, General Counsel, Company Secretary, Director | ||
| Mark CPA, CFO VP | ||
| Angela Minas, Independent Director of Westlake Chemical Partners GP LLC | ||
| Jeff Holy, Treasurer VP | ||
| Tom Janssens, Vice President - Olefins, Feedstocks & Energy | ||
| Lawrence Teel, Executive Vice President and Special Advisor to the CEO | ||
| M Bender, Chief Financial Officer, Senior Vice President, Director of Westlake Chemical Partners GP LLC | ||
| Jeffrey Holy, Treasurer VP |
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.
| Return On Equity | 0.43 | ||||
| Return On Asset | 0.18 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.37 % | ||||
| Current Valuation | 1.18 B | ||||
| Shares Outstanding | 35.24 M | ||||
| Shares Owned By Insiders | 44.83 % | ||||
| Shares Owned By Institutions | 33.76 % | ||||
| Number Of Shares Shorted | 138.36 K | ||||
| Price To Earning | 12.06 X |
Pair Trading with Westlake Chemical
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Westlake Chemical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Westlake Chemical will appreciate offsetting losses from the drop in the long position's value.Moving against Westlake Stock
| 0.75 | BAK | Braskem SA Class | PairCorr |
| 0.72 | PKX | POSCO Holdings | PairCorr |
| 0.71 | DOW | Dow Inc Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.71 | PFH | Prudential Financial 4125 | PairCorr |
| 0.69 | GOLD | Barrick Gold Corp | PairCorr |
The ability to find closely correlated positions to Westlake Chemical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Westlake Chemical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Westlake Chemical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Westlake Chemical Partners to buy it.
The correlation of Westlake Chemical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Westlake Chemical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Westlake Chemical moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Westlake Chemical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Westlake Stock Analysis
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.