Westlake Chemical Partners LP Common Units representing limited partner interests Quote & Summary Data
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ETFs with WLKP as a Top 10 Holding*
|Weighting||ETF Name (Symbol)||100-Day Price Change (%)|
|0.08%||First Trust North American Energy Infrastructure Fund (EMLP)||-0.47 (-1.88%)|
Company Description (as filed with the SEC)
We are a Delaware limited partnership formed by Westlake in March 2014 to operate, acquire and develop facilities for the processing of natural gas liquids and related assets. On August 4, 2014, we completed our IPO of 12,937,500 common units representing limited partner interests. In connection with the IPO, we acquired a 10.6% interest in OpCo and a 100% interest in OpCo GP, which is the general partner of OpCo. On April 29, 2015, we purchased an additional 2.7% newly-issued limited partner interest in OpCo, resulting in an aggregate 13.3% limited partner interest in OpCo effective April 1, 2015. Our business and operations are conducted through OpCo. Because we own OpCo's general partner, we have control over all of OpCo's assets and operations. ... More ...
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