Westlake Chemical Partners LP (WLKP)

NYSE
Currency in USD
22.71
-0.13(-0.57%)
Closed·
After Hours
22.70-0.01(-0.04%)
·
WLKP Scorecard
Full Analysis
High shareholder yield
High dividend Yield
Fair Value
Day's Range
22.6522.91
52 wk Range
21.1925.04
Key Statistics
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Prev. Close
22.84
Open
22.78
Day's Range
22.65-22.91
52 wk Range
21.19-25.04
Volume
22.27K
Average Volume (3m)
33.52K
1-Year Change
2.79%
Book Value / Share
14.39
Fair Value
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Fair Value Upside
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WLKP Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
25.67
Upside
+13.02%
Members' Sentiments
Bearish
Bullish
ProTips
Pays a significant dividend to shareholders
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Westlake Chemical Partners LP Company Profile

Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. The company’s ethylene production facilities which primarily convert ethane into ethylene. 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. Westlake Chemical Partners GP LLC serves as the general partner of the company. Westlake Chemical Partners LP was founded in 1991 and is headquartered in Houston, Texas.

Westlake Chemical Partners LP Earnings Call Summary for Q1/2025

  • Q1 2025 EPS of $0.14 missed expectations of $0.37, primarily due to planned petrochemical unit turnaround
  • Net income decreased to $5 million, down $10 million year-over-year; stock declined 1.97% in pre-market trading
  • Company maintains stable fee-based cash flow model and 7.92% dividend yield despite earnings miss
  • No further turnarounds planned for 2025 or 2026; focus on four growth levers for future performance
  • Management reaffirms value of MLP structure and predictable cash flow model in current economic environment
Last Updated: 03/05/2025, 03:32 am
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Compare WLKP to Peers and Sector

Metrics to compare
WLKP
Peers
Sector
Relationship
P/E Ratio
15.3x−2.5x1.0x
PEG Ratio
−4.780.000.00
Price/Book
1.6x0.8x1.6x
Price / LTM Sales
0.7x3.8x1.2x
Upside (Analyst Target)
13.9%209.9%27.1%
Fair Value Upside
Unlock−10.6%3.4%Unlock

Analyst Ratings

2 Buy
1 Hold
0 Sell
Ratings:
3 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 25.67
(+13.02% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 1.49%
Dividend Yield
8.26%
Industry Median 1.55%
Annualised payout
1.89
Paid quarterly
5-Years Growth
+0.21%
Growth Streak

Earnings

Latest Release
May 02, 2025
EPS / Forecast
0.14 / 0.37
Revenue / Forecast
190.78M / --
EPS Revisions
Last 90 days

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FAQ

What Is the Westlake Chemical Partners LP (WLKP) Stock Price Today?

The Westlake Chemical Partners LP stock price today is 22.71

What Stock Exchange Does Westlake Chemical Partners LP Trade On?

Westlake Chemical Partners LP is listed and trades on the New York Stock Exchange stock exchange.

What Is the Stock Symbol for Westlake Chemical Partners LP?

The stock symbol for Westlake Chemical Partners LP is "WLKP."

Does Westlake Chemical Partners LP Pay Dividends? What’s The Current Dividend Yield?

The Westlake Chemical Partners LP dividend yield is 8.3%.

What Is the Westlake Chemical Partners LP Market Cap?

As of today, Westlake Chemical Partners LP market cap is 800.27M.

What Is Westlake Chemical Partners LP's Earnings Per Share (TTM)?

The Westlake Chemical Partners LP EPS (TTM) is 1.49.

When Is the Next Westlake Chemical Partners LP Earnings Date?

Westlake Chemical Partners LP will release its next earnings report on 04 Aug 2025.

From a Technical Analysis Perspective, Is WLKP a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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