WLKP Stock Overview
Acquires, develops, and operates ethylene production facilities and related assets in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
My Notes
Capture your thoughts, links and company narrative
Westlake Chemical Partners LP Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$23.26 |
| 52 Week High | US$24.34 |
| 52 Week Low | US$21.19 |
| Beta | 1.06 |
| 1 Month Change | 3.06% |
| 3 Month Change | 3.56% |
| 1 Year Change | 4.82% |
| 3 Year Change | -4.91% |
| 5 Year Change | -5.94% |
| Change since IPO | -23.36% |
Recent News & Updates
Recent updates
Westlake Chemical Partners: A Value Investor's Dream With Superb Dividend
Nov 04Westlake Corporation: Looks Attractive Even Without Momentum Assumptions
Apr 23Westlake Chemical Partners: Units Near Fair Value, Yield Premium Fair
Dec 19Westlake Chemical Partners: Attractive And Overlooked Income Play
Oct 03Westlake Chemical: Environmental Investments Could Accelerate The Demand For The Stock
Aug 01Westlake Chemical Partners: Strategically Positioned To Benefit From Megatrends
Jul 24Westlake Chemical Partners Q4 2022 Earnings Preview
Feb 20Westlake Chemical Partners: Priced Right Ahead Of Earnings, Steady Dividends Expected
Feb 06Westlake Chemical Partners declares $0.4714 dividend
Jan 23Westlake Chemical Partners Benefits From Retreat In Natural Gas Prices
Nov 14Westlake Chemical Partners declares $0.4714 dividend
Oct 31Westlake Chemical Partners Getting Crimped By Feedstock But Still Cheap
Aug 25Westlake Chemical Partners Has Solid Margins Till 2026
Jul 27Westlake Chemical Partners: More Of The Same In 2022, Downgrading
May 06Westlake Chemical Partners: Growth, Staying Power, And A 7% Yield
Feb 15Westlake Chemical Partners: Too Conservatively Financed For Their Own Good
Nov 17Westlake Chemical Partners: A Very Stable MLP That's Still Selling At A Discount
Jul 08Westlake Chemical Partners declares $0.4714 dividend
May 03The High-Yielding Standout MLP: Westlake Chemical Partners
Jan 11Westlake Chemical Partners: Premier High-Yielder Right Now, Maybe More One Day
Nov 25Westlake Chemical Partners EPS beats by $0.11, misses on revenue
Nov 03Westlake Chemical Partners declares $0.4714 dividend
Oct 30Shareholder Returns
| WLKP | US Chemicals | US Market | |
|---|---|---|---|
| 7D | -3.5% | -5.1% | -4.0% |
| 1Y | 4.8% | -1.3% | 24.0% |
Return vs Industry: WLKP exceeded the US Chemicals industry which returned -0.1% over the past year.
Return vs Market: WLKP underperformed the US Market which returned 26.1% over the past year.
Price Volatility
| WLKP volatility | |
|---|---|
| WLKP Average Weekly Movement | 1.4% |
| Chemicals Industry Average Movement | 5.5% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: WLKP has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: WLKP's weekly volatility (1%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1991 | n/a | Jean-Marc Gilson | 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, such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on either a spot or contract basis.
Westlake Chemical Partners LP Fundamentals Summary
| WLKP fundamental statistics | |
|---|---|
| Market cap | US$830.22m |
| Earnings (TTM) | US$61.70m |
| Revenue (TTM) | US$1.14b |
13.3x
P/E Ratio0.7x
P/S RatioIs WLKP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WLKP income statement (TTM) | |
|---|---|
| Revenue | US$1.14b |
| Cost of Revenue | US$728.29m |
| Gross Profit | US$414.82m |
| Other Expenses | US$353.12m |
| Earnings | US$61.70m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.75 |
| Gross Margin | 36.29% |
| Net Profit Margin | 5.40% |
| Debt/Equity Ratio | 47.7% |
How did WLKP perform over the long term?
See historical performance and comparisonDividends
8.1%
Current Dividend Yield108%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 09:02 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Westlake Chemical Partners LP is covered by 12 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Richard Gross | Barclays |
| Michael Leithead | Barclays |
| Stephen V. Byrne | BofA Global Research |