Westlake

Westlake Chemical Partners Announce Fourth Quarter and Full Year Earnings for 2020 Conference Call

Retrieved on: 
Tuesday, February 9, 2021
Chemicals, Plastics, Energy, Manufacturing, Oil, Gas, Chemistry, Monomers, Physical sciences, Westlake Chemical, Natural sciences, Commodity chemicals, Westlake, Ethylene, Chemical industry, Lake Charles

Westlake Chemical Partners (NYSE: WLKP) will release its fourth quarter and full year earnings for 2020 prior to the market opening on Tuesday, February 23, 2021.

Key Points: 
  • Westlake Chemical Partners (NYSE: WLKP) will release its fourth quarter and full year earnings for 2020 prior to the market opening on Tuesday, February 23, 2021.
  • The company will host a conference call at 12:00 p.m. Eastern Time (11:00 a.m. Central Time) on the same day to discuss the earnings release.
  • Westlake Chemical Partners is a limited partnership formed by Westlake Chemical Corporation to operate, acquire and develop ethylene production facilities and other qualified assets.
  • Westlake Chemical OpCo LP's assets consist of three ethylene production facilities in Calvert City, Kentucky, and Lake Charles, Louisiana and an ethylene pipeline.

Goosehead Insurance Strengthens Senior Management Team With New Additions and Promotions

Retrieved on: 
Thursday, February 4, 2021
Chartered Property Casualty Underwriter, Liability insurance, Property insurance, Chartered, Westlake, Texas, Insurance

WESTLAKE, Texas, Feb. 04, 2021 (GLOBE NEWSWIRE) -- Goosehead Insurance, Inc. (Goosehead or the Company) (NASDAQ: GSHD), a rapidly growing independent personal lines insurance agency, announces today new management additions and Managing Director promotions, investing in management depth and recognizing the strength and contributions of existing leadership to support future growth.

Key Points: 
  • WESTLAKE, Texas, Feb. 04, 2021 (GLOBE NEWSWIRE) -- Goosehead Insurance, Inc. (Goosehead or the Company) (NASDAQ: GSHD), a rapidly growing independent personal lines insurance agency, announces today new management additions and Managing Director promotions, investing in management depth and recognizing the strength and contributions of existing leadership to support future growth.
  • Ms. Challis joins Goosehead with 25 years in financial services marketing and extensive expertise in digital growth and performance marketing.
  • Erin joined the team in 2010 and under her leadership, the Risk Management team has scaled tremendously while continuing to reduce the Companys E&O exposure and enhancing our carrier relationships.
  • Erin is a Chartered Property & Casualty Underwriter (CPCU) and is also a Council Member of the Goosehead Womens Professional Development program.

Murphy USA and Core-Mark Renew Strategic Supply Agreement

Retrieved on: 
Thursday, January 28, 2021
Regions of the United States, Murphy USA, Core-Mark, Murphy, New York Stock Exchange, Surname

and WESTLAKE, Texas, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Murphy USA Inc. (NYSE: MUSA) and Core-Mark Holding Company, Inc. (NASDAQ: CORE) announced today that they have entered into a new five year supply agreement whereby Core-Mark will continue to serve as the primary wholesale distributor to Murphy USA, delivering over 75% of the merchandise sold in their stores.

Key Points: 
  • and WESTLAKE, Texas, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Murphy USA Inc. (NYSE: MUSA) and Core-Mark Holding Company, Inc. (NASDAQ: CORE) announced today that they have entered into a new five year supply agreement whereby Core-Mark will continue to serve as the primary wholesale distributor to Murphy USA, delivering over 75% of the merchandise sold in their stores.
  • "We are confident the Core-Mark team will continue to be an excellent strategic partner for Murphy USA, and we look forward to working together to achieve our mutual goals of profitable growth, efficient operations and superior execution for our stores and our customers," said Andrew Clyde, President and Chief Executive Officer of Murphy USA.
  • "We are committed to helping Murphy USA drive growth in sales and margins under this new agreement, strategically aligned to enable both Murphy USA and Core-Mark to benefit from their strategic focus on expanding their food and fresh offering," said Scott E. McPherson, President and Chief Executive Officer of Core-Mark.
  • "We are committed to continuing to serve Murphy USA stores with operational excellence and an innovative approach."

Westlake Chemical Partners LP Announces Fourth Quarter 2020 Distribution

Retrieved on: 
Monday, January 25, 2021
Chemicals, Plastics, Other Energy, Oil, Gas, Manufacturing, Energy, Other Manufacturing, Westlake Chemical, Articles, Westlake, Ohio, Westlake, Limited partnership, Companies, Organizations

The Board of Directors of Westlake Chemical Partners GP LLC, the general partner of Westlake Chemical Partners LP (the "Partnership") (NYSE:WLKP), has declared a distribution by the Partnership of $0.4714 per unit.

Key Points: 
  • The Board of Directors of Westlake Chemical Partners GP LLC, the general partner of Westlake Chemical Partners LP (the "Partnership") (NYSE:WLKP), has declared a distribution by the Partnership of $0.4714 per unit.
  • Westlake Chemical Partners is a limited partnership formed by Westlake Chemical Corporation to operate, acquire and develop ethylene production facilities and other qualified assets.
  • Headquartered in Houston, the Partnership owns a 22.8% interest in Westlake Chemical OpCo LP.
  • For more information about Westlake Chemical Partners LP, please visit http://www.wlkpartners.com .

Core-Mark Holding Company Announces Executive Leadership Promotions

Retrieved on: 
Thursday, January 7, 2021
Sysco, Earnings before interest, taxes, depreciation and amortization, Finance, Financial markets, Investment

Chris most recently served as SVP for the Companys Eastern Divisions which delivered consecutive years of strong EBITDA growth under his leadership.

Key Points: 
  • Chris most recently served as SVP for the Companys Eastern Divisions which delivered consecutive years of strong EBITDA growth under his leadership.
  • Andy Newkirk will also join Core-Marks executive ranks in his promotion to Senior Vice President of Operations, reporting to Mr. Hobson.
  • Earlier in his career, Andy held various senior leadership roles at Sysco Corporation and Kellogg Company, providing him with an extensive background in complex supply chain operations.
  • These moves also streamline the executive reporting structure, providing our top leadership with greater flexibility to focus on key strategic initiatives to accelerate shareholder returns.

NXCR and Westlake Financial Announce $400 Million Debt Facility and Strategic Partnership to Advance NXCR's Vehicle Subscription Platform

Retrieved on: 
Thursday, December 17, 2020
Vehicle subscription, Westlake station, Westlake, Ohio, Westlake, Ohio

SANTA MONICA, Calif., Dec. 17, 2020 /PRNewswire/ --NextCar Holding Company Inc. (NXCR), a fintech and insurtech vehicle subscription platform, and Westlake Financial (Westlake) have signed a letter of intent to secure a NXCR $400 million debt facility, and to enter into a strategic partnership.

Key Points: 
  • SANTA MONICA, Calif., Dec. 17, 2020 /PRNewswire/ --NextCar Holding Company Inc. (NXCR), a fintech and insurtech vehicle subscription platform, and Westlake Financial (Westlake) have signed a letter of intent to secure a NXCR $400 million debt facility, and to enter into a strategic partnership.
  • The $400 million debt facility from Westlake will provide NXCR with highly flexible and efficient capital to finance subscriptions.
  • The strategic partnership will also provide NXCR with loan and collections services through Westlake, as well as access to Westlake's dealer network to scale indirect subscription offerings.
  • NXCR is innovating through technology, operations and infrastructure, as well as strategic and private-label partnerships in order to advance the vehicle subscription model.

Goosehead Insurance, Inc. Surpasses $1 Billion of Total Written Premium Placed

Retrieved on: 
Monday, November 23, 2020
Insurance, Westlake, Texas

WESTLAKE, Texas, Nov. 23, 2020 (GLOBE NEWSWIRE) -- Goosehead Insurance, Inc. (Goosehead or the Company) (NASDAQ: GSHD), a rapidly growing independent personal lines insurance agency, announced today that the company surpassed $1 billion in total written premium placed for the trailing twelve months ending October 31, 2020.

Key Points: 
  • WESTLAKE, Texas, Nov. 23, 2020 (GLOBE NEWSWIRE) -- Goosehead Insurance, Inc. (Goosehead or the Company) (NASDAQ: GSHD), a rapidly growing independent personal lines insurance agency, announced today that the company surpassed $1 billion in total written premium placed for the trailing twelve months ending October 31, 2020.
  • For the trailing 5 and 10 years ending October 2020, we have achieved compound annual premium growth of 45% and 37%, respectively.
  • Since our initial public offering in April of 2018 through the end of October 2020, we have grown total written premiums placed 47% on a compound annual basis.
  • Our success has been a result of the consistent and meaningful investments we have made in people and technology over the last decade.

Westlake Appoints Roger Kearns as Chief Operating Officer

Retrieved on: 
Wednesday, November 18, 2020
Chemicals, Plastics, Other Manufacturing, Manufacturing, Westlake Chemical, Westlake station, Westlake

Westlake Chemical Corporation (NYSE: WLK) announced today that Mr. Roger Kearns has been appointed by the Board of Directors as Executive Vice President and Chief Operating Officer, effective Jan. 1, 2021.

Key Points: 
  • Westlake Chemical Corporation (NYSE: WLK) announced today that Mr. Roger Kearns has been appointed by the Board of Directors as Executive Vice President and Chief Operating Officer, effective Jan. 1, 2021.
  • Mr. Kearns will be responsible for all of the companys chemical businesses and manufacturing operations in North America, Europe and Asia.
  • View the full release here: https://www.businesswire.com/news/home/20201118005823/en/
    Roger Kearns Named Westlake Executive Vice President and Chief Operating Officer, effective Jan. 1, 2021 (Photo: Business Wire)
    Mr. Chao stated, Since joining the Westlake executive management team, Roger has provided great insight and leadership based on his years of experience as an international chemical industry executive.
  • By asking Roger to oversee our global chemical businesses and operations, we are confident he will continue to make important contributions to the ongoing growth and development of Westlake.

Westlake Chemical Corporation Declares Quarterly Dividend

Retrieved on: 
Friday, November 13, 2020
Chemicals, Plastics, Other Manufacturing, Manufacturing, Financial markets, Financial economics, Dividend, Shareholders, Corporate finance, Westlake Chemical, Westlake, Stock

The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2700 per share for the third quarter of 2020.

Key Points: 
  • The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2700 per share for the third quarter of 2020.
  • This dividend will be payable on December 9, 2020, to stockholders of record on November 24, 2020.
  • This is the 65th successive quarterly dividend that Westlake has declared since completing its initial public offering in August 2004.
  • Westlake is a global manufacturer and supplier of materials and innovative products that enhance life every day.