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WLKP

Westlake Chemical Partners NYSE:WLKP Stock Report

Last Price

US$22.48

Market Cap

US$791.8m

7D

0.2%

1Y

-6.1%

Updated

28 Nov, 2022

Data

Company Financials +
WLKP fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance4/6
Financial Health5/6
Dividends4/6

WLKP Stock Overview

Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States.

Westlake Chemical Partners LP Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Westlake Chemical Partners
Historical stock prices
Current Share PriceUS$22.48
52 Week HighUS$29.40
52 Week LowUS$19.71
Beta0.99
1 Month Change-2.18%
3 Month Change-7.53%
1 Year Change-6.10%
3 Year Change3.07%
5 Year Change1.49%
Change since IPO-25.93%

Recent News & Updates

Westlake Chemical Partners Benefits From Retreat In Natural Gas Prices

Nov 14

Westlake Chemical Partners declares $0.4714 dividend

Oct 31

Recent updates

Shareholder Returns

WLKPUS ChemicalsUS Market
7D0.2%0.1%0.3%
1Y-6.1%-8.2%-20.5%

Return vs Industry: WLKP matched the US Chemicals industry which returned -5.7% over the past year.

Return vs Market: WLKP exceeded the US Market which returned -18.5% over the past year.

Price Volatility

Is WLKP's price volatile compared to industry and market?
WLKP volatility
WLKP Average Weekly Movement5.1%
Chemicals Industry Average Movement6.9%
Market Average Movement7.4%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.3%

Stable Share Price: WLKP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: WLKP's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2014n/aAlbert Chaohttps://www.wlkpartners.com

Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. The company’s ethylene production facilities primarily convert ethane into ethylene. It also sells ethylene co-products, including propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on either a spot or contract basis.

Westlake Chemical Partners LP Fundamentals Summary

How do Westlake Chemical Partners's earnings and revenue compare to its market cap?
WLKP fundamental statistics
Market CapUS$791.79m
Earnings (TTM)US$76.90m
Revenue (TTM)US$1.56b

10.3x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WLKP income statement (TTM)
RevenueUS$1.56b
Cost of RevenueUS$1.13b
Gross ProfitUS$426.29m
Other ExpensesUS$349.38m
EarningsUS$76.90m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.18
Gross Margin27.38%
Net Profit Margin4.94%
Debt/Equity Ratio42.0%

How did WLKP perform over the long term?

See historical performance and comparison

Dividends

8.4%

Current Dividend Yield

86%

Payout Ratio