Westlake Chemical Partners LP CEO Gilson Jean-Marc buys 95.29 shares at $21.25/share.

Friday, Aug 29, 2025 3:40 pm ET1min read

Westlake Chemical Partners LP has announced that Director, President and CEO Gilson Jean-Marc has made a purchase of 95.29 shares at a price of $21.25 per share on August 27, 2025.

Westlake Chemical Partners LP's President and CEO, Jean-Marc Gilson, has recently disclosed an insider purchase of 7,459 shares of the company's stock. According to a new SEC filing, Gilson bought the shares at a price of $21.25 per share on August 27, 2025, with a total transaction value of $163,636. As of the morning of August 28, Westlake Chemical's shares are trading at $22.33, representing a 0.48% increase from the previous day.

Westlake Chemical operates in the chemical industry, specifically in the production and sale of ethylene and its co-products. The company's operations are conducted through its OpCo subsidiary, which manages ethylene production facilities in Calvert City, Kentucky, and Lake Charles, Louisiana. The company's positive revenue trend, with a growth rate of 4.56% as of June 30, 2025, suggests a robust financial performance compared to industry peers.

However, Westlake Chemical faces several financial challenges. Its gross margin of 32.83% indicates strong profitability, but the earnings per share (EPS) of 0.41 is below the industry average, raising concerns. Additionally, the company's debt-to-equity ratio of 1.52 is notably higher than the industry average, indicating a heavier reliance on borrowed funds. Despite these challenges, Westlake Chemical's valuation metrics suggest potential undervaluation, with a P/E ratio of 14.91, a P/S ratio of 0.71, and an EV/EBITDA ratio of 2.52.

Insider transactions can provide valuable insights into a company's future prospects. Gilson's purchase of Westlake Chemical shares indicates his confidence in the company's stock, although it should not be the sole factor in investment decisions. Investors should consider the company's overall financial health and market conditions when evaluating potential investments.

References:
[1] https://www.benzinga.com/insights/news/25/08/47416267/president-and-ceo-of-westlake-chemical-purchased-163k-in-stock

Westlake Chemical Partners LP CEO Gilson Jean-Marc buys 95.29 shares at $21.25/share.

Comments



Add a public comment...
No comments

No comments yet