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WLKP (Westlake Chemical Partners LP) Tax Rate % : 0.23% (As of Jun. 2024)


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What is Westlake Chemical Partners LP Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Westlake Chemical Partners LP's Tax Expense for the three months ended in Jun. 2024 was $0 Mil. Westlake Chemical Partners LP's Pre-Tax Income for the three months ended in Jun. 2024 was $88 Mil. Therefore, Westlake Chemical Partners LP's Tax Rate % for the quarter that ended in Jun. 2024 was 0.23%.


Westlake Chemical Partners LP Tax Rate % Historical Data

The historical data trend for Westlake Chemical Partners LP's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Westlake Chemical Partners LP Tax Rate % Chart

Westlake Chemical Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.17 0.14 0.30 0.24

Westlake Chemical Partners LP Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.27 0.24 0.23 0.23

Westlake Chemical Partners LP Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Westlake Chemical Partners LP's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=0.813/335.439
=0.24 %

Westlake Chemical Partners LP's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=0.207/88.233
=0.23 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Westlake Chemical Partners LP Tax Rate % Related Terms

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Westlake Chemical Partners LP Business Description

Traded in Other Exchanges
N/A
Address
2801 Post Oak Boulevard, Suite 600, Houston, TX, USA, 77056
Westlake Chemical Partners LP is a part of the chemical industry in the United States. Its operations are conducted through OpCo, it acquires and develop ethyelene production facilities, which convert ethane into ethylene. OpCo sells ethylene and its co-products such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen to Westlake and other customers located in the United States. Its assets include three ethylene production facilities in Calvert City, Kentucky, and Lake Charles, Louisiana.
Executives
Andrew Kenner officer: SVP, Olefin Material & Corp Pr 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Randy Woelfel director 3411-3433 W. EL SEGUNDO BLVD., HAWTHORNE CA 90250
G Stephen Finley director 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
Lisa A. Friel director 2611 PLUM HOLLOW, SAN ANTONIO TX 78258
James Chao director, 10 percent owner 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Thomas J. Janssens officer: VP, Olefins Feedstock & Energy 2801 POST OAK BLVD., SUITE 600, HOUSTON TX 77056
Johnathan Stevan Zoeller officer: VP and CAO 2801 POST OAK BLVD., SUITE 600, HOUSTON TX 77056
Albert Chao director, 10 percent owner, officer: President & CEO 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
L. Benjamin Ederington director, officer: VP, General Counsel 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Mark Steven Bender director, officer: Sr VP, CFO 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Lawrence E. Teel officer: SVP, Olefins 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Ttwfgp Llc 10 percent owner 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
David Lumpkins director 600 TRAVIS STREET, SUITE 3250, HOUSTON TX 77002
Angela A Minas director 3262 WESTHEIMER ROAD #627, HOUSTON TX 77098
Blackstone Securities Partners L.p. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154-0191