WLKP - Westlake Chemical Partners LP Stock Price & Dividend Safety Sector: Basic Materials | Exchange: New York Stock Exchange Current Price & Safety Score Price: 21.13 USD StockBonds Safety Grade: A Altman Z-Score (Bankruptcy Risk): 3.09 StockBond Score: -1.02 Company Description Westlake Chemical Partners LP concentrates on acquiring developing and operating facilities dedicated to ethylene production along with related infrastructure throughout the United States These plants primarily function by converting ethane into ethylene Furthermore the partnership distributes a range of chemical coproductssuch as propylene crude butadiene pyrolysis gasoline and hydrogendirectly to external buyers conducting these sales through either immediate spot transactions or established contractual agreements Westlake Chemical Partners GP LLC serves as the entitys general partner The company was founded in 2014 and its corporate headquarters are located in Houston Texas