Westlake Chemical Partners LP (WLKP)
$
22.13
-0.09 (-0.41%)
Key metrics
Financial statements
Free cash flow per share
10.5317
Market cap
779.8 Million
Price to sales ratio
0.7162
Debt to equity
0
Current ratio
1.3660
Income quality
2.6268
Average inventory
3.4 Million
ROE
0.1203
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Westlake Chemical Partners LP engages in the acquisition, development, and operation of ethylene production facilities and complementary assets across the United States, focusing primarily on converting ethane into ethylene. The company recorded an operating income of $390,444,000.00 reflecting its earnings from core operations. Further underscoring its profitability, the company reported an income before tax of $369,994,000.00 showcasing its pre-tax profitability. Additionally, the company incurred an income tax expense of $835,000.00 indicating its tax obligations. Beyond ethylene production, it also sells ethylene co-products such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on either a spot or contract basis, contributing to a net total of other income and expenses of -$20,450,000.00 reflecting non-core financial activities. Westlake Chemical Partners GP LLC serves as the general partner of the company, which was incorporated in 2014 and is headquartered in Houston, Texas. The company's stock is identified with the symbol '$WLKP' in the market, making it accessible for potential investors. The stock is affordable at $22.22 suitable for budget-conscious investors looking to enter the market. With a market capitalization of $779,830,218.00 the company is classified as a small-cap player, presenting unique opportunities for growth. Moreover, the stock has a low average trading volume of 30,485.00 indicating lower market activity, which can appeal to investors focused on stability. Westlake Chemical Partners LP is a key player in the Chemicals industry, contributing significantly to the overall market landscape and showcasing its role in the dynamics of the sector. It belongs to the Basic Materials sector, driving innovation and growth, and reflecting the company's commitment to enhancing its operational footprint in the ethylene production arena.
Is Westlake Chemical Partners LP (WLKP) a good investment?
Investing in Westlake Chemical Partners LP (WLKP) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as A-, with a Bullish outlook. Always conduct your own research before investing.
What is Westlake Chemical Partners LP (WLKP)'s stock forecast?
Analysts predict Westlake Chemical Partners LP stock to fluctuate between $21.19 (low) and $25.04 (high) in the next 365 days, reflecting market expectations and potential volatility.
What is Westlake Chemical Partners LP's market capitalization?
As of 2025-07-15, Westlake Chemical Partners LP's market cap is $779,830,218, based on 35,238,600 outstanding shares.
How does Westlake Chemical Partners LP compare to competitors like The Sherwin-Williams Company?
Compared to The Sherwin-Williams Company, Westlake Chemical Partners LP has a Lower Market-Cap, indicating a difference in performance.
Does Westlake Chemical Partners LP pay dividends?
Westlake Chemical Partners LP pays dividends. The current dividend yield is 8.18%, with a payout of $0.47 per share.
How can I buy Westlake Chemical Partners LP (WLKP) stock?
To buy Westlake Chemical Partners LP (WLKP) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for WLKP. Place an order (Market, Limit, etc.).
What is the best time to invest in Westlake Chemical Partners LP?
The best time to invest depends on market trends and technical indicators, which show a Bullish trend based on economic conditions and company performance.
How did Westlake Chemical Partners LP perform in the last earnings report?
Revenue: $1,135,896,000 | EPS: $1.77 | Growth: 14.94%.
Where can I find Westlake Chemical Partners LP's investor relations reports?
Visit https://www.wlkpartners.com/investor-relations for detailed financial reports.
Where can I find historical stock prices for Westlake Chemical Partners LP?
You can explore historical data from here
What is the all-time high and low for Westlake Chemical Partners LP stock?
All-time high: $29.40 (2022-04-21) | All-time low: $18.58 (2023-03-13).
What are the key trends affecting Westlake Chemical Partners LP stock?
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
247wallst.com
2 months ago
These dividend stocks have yields over 8%. They are unlikely to cut their dividends anytime soon.
seekingalpha.com
2 months ago
Westlake Chemical Partners LP (NYSE:WLKP ) Q1 2025 Earnings Conference Call May 2, 2025 1:00 PM ET Company Participants John Zoeller – Vice President and Treasurer Jean-Marc Gilson – President and Chief Executive Officer Steve Bender – Executive Vice President and Chief Financial Officer Conference Call Participants Matthew Blair – TPH Operator Good afternoon, and thank you for standing by. Welcome to the Westlake Chemical Partners First Quarter 2025 Earnings Conference Call.
businesswire.com
2 months ago
HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the first quarter of 2025 of $4.9 million, or $0.14 per limited partner unit, which was below first quarter 2024 net income of $14.8 million. Cash flows from operating activities in the first quarter of 2025 were $45.8 million, a decrease of $58.8 million compared to first quarter 2024 cash flows from operating activities of $104.6 million, due to.
businesswire.com
3 months ago
HOUSTON--(BUSINESS WIRE)--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 of $0.4714 per unit. This is the 43rd quarterly distribution announced by the Partnership since its initial public offering. The distribution will be payable on May 29, 2025, to unit holders of record on May 13, 2025. This release is intended to be a qualified notice under Treasury Regulation Sect.
businesswire.com
3 months ago
HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners (NYSE: WLKP) will release its first quarter 2025 earnings prior to the market opening on Friday, May 2, 2025. The company will host a conference call at 1:00 p.m. Eastern Time (12:00 p.m. Central Time) on the same day to discuss the earnings release. To access the conference by phone, it is necessary to pre-register at https://register-conf.media-server.com/register/BIad7a525913764db1947af294b63227bb. Once registered, you will receive a phone.
247wallst.com
3 months ago
Dividend stocks are still a good investment right now, even though many investors are focusing on buying the dip.
zacks.com
3 months ago
Westlake Chemical Partners (WLKP) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
businesswire.com
4 months ago
HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") announced that it filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission on March 5, 2025. A copy of this 10-K may be found on the Partnership's website, www.wlkpartners.com, by selecting the "Investor Relations" tab, then "SEC Filings." Unitholders of the Partnership may receive a hard copy of its Annual Report on Form 10-K, including co.
businesswire.com
5 months ago
HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the fourth quarter of 2024 of $15.0 million, or $0.43 per limited partner unit, which was relatively in line with fourth quarter 2023 net income of $14.3 million. Cash flows from operating activities in the fourth quarter of 2024 were $132.5 million, an increase of $24.8 million compared to fourth quarter 2023 cash flows from operating activities.
businesswire.com
6 months ago
HOUSTON--(BUSINESS WIRE)--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 of $0.4714 per unit. This is the 42nd quarterly distribution announced by the Partnership since its initial public offering. The distribution will be payable on February 25, 2025, to unit holders of record on February 7, 2025. This release is intended to be a qualified notice under Treasury Regula.
See all news
