Market Cap 774.20M
Revenue (ttm) 1.14B
Net Income (ttm) 62.39M
EPS (ttm) N/A
PE Ratio 14.76
Forward PE 13.23
Profit Margin 5.49%
Debt to Equity Ratio 0.50
Volume 28,100
Avg Vol 30,996
Day's Range N/A - N/A
Shares Out 35.24M
Stochastic %K 13%
Beta 0.77
Analysts Strong Sell
Price Target $25.67

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...

Industry: Chemicals
Sector: Basic Materials
Phone: 713 585 2900
Address:
2801 Post Oak Boulevard, Suite 600, Houston, United States
JamesGray780
JamesGray780 Jun. 26 at 1:28 PM
$WLKP +3%
0 · Reply
SpringGunner
SpringGunner May. 28 at 6:30 PM
$WLKP Insider sale @ $22.17 on 05/27/25 James Chao sold 13,908 shares. Still owns 35,238,556 shares. Looks like dividends will be reinvested at a very decent price. Don't know if last quarter is what is driving price down. Foolish if it is. I will be several years before another shut down per: the last conference call. Still hoping that increased revenue will turn into increased income. Hard to do under this kind of inflation though.
0 · Reply
TalkMarkets
TalkMarkets May. 24 at 7:00 PM
Westlake Chemical Partners LP: Is This Deeply Undervalued Stock A Hidden Gem? $WLKP https://talkmarkets.com/content/stocks--equities/westlake-chemical-partners-lp-is-this-deeply-undervalued-stock-a-hidden-gem?post=499398&userid=123969
0 · Reply
NVDAMillionaire
NVDAMillionaire Mar. 31 at 1:20 AM
$WLKP Digging the stable distribution play here. Ethylene sales agreement looks rock solid. Planned turnaround might create a nice entry point. Management seems strategic about growth opportunities. Watching closely for potential add to portfolio. great article: https://beyondspx.com/article/westlake-chemical-partners-lp-wlkp-delivering-consistent-value-through-market-cycles
0 · Reply
DonCorleone77
DonCorleone77 Feb. 24 at 11:51 AM
$WLKP Westlake reports Q4 diluted EPS 6c vs. ($3.86) last year Reports Q4 revenue $2.84B vs. $2.83B last year. "Westlake generated solid sales volume growth in 2024, in part due to innovative new product introductions, export opportunities enabled by our globally-advantaged feedstock & energy cost position in our Performance and Essential Materials segment in spite of globally weak macroeconomic conditions the industry is experiencing, and our position as a leading supplier to faster-growing national homebuilders in our Housing and Infrastructure Products segment. HIP segment EBITDA increased more than 10% compared to 2023 as our sales volume growth outperformed the growth in the overall market while our cost-saving actions improved profitability. While earnings in our PEM segment were lower compared to 2023 due to lower average sales price as a result of weak global industrial and manufacturing activity, we made important progress during 2024 to improve our cost structure through productivity enhancements and the decision to mothball the AC and ECH units at our epoxy site in Pernis, The Netherlands," said Jean-Marc Gilson, President and Chief Executive Officer.
0 · Reply
DonCorleone77
DonCorleone77 Feb. 24 at 11:49 AM
$WLKP Westlake Chemical Partners reports Q4 EPS 43c vs. 41c last year Reports Q4 revenue $290.06M vs. $297.27M last year. "The Partnership performed well in 2024 as we exceeded our annual production plan, in part due to the decision to defer the planned turnaround at our Petro 1 ethylene unit to 2025. By postponing the Petro 1 turnaround we were able to better capture attractive third-party ethylene prices and margins in the second half of 2024, which supported an improvement in the Partnership's distributable cash flow and coverage ratio for the full year 2024," said CEO Jean-Marc Gilson. "At the end of January 2025, we began our planned maintenance turnaround at our Petro 1 ethylene unit, which is expected to last approximately 60 days. As is typically the case during turnaround years, the lost production during the Petro 1 turnaround may cause the Partnership's coverage ratio to dip below 1.00x this year. As has been the case in previous turnaround years when the Partnership's coverage ratio dipped below 1.00x, we estimate that the Partnership will have ample cash and operating surplus to fund distributions in excess of distributable cash flow in 2025. Looking beyond 2025, we believe recent improvement in third-party ethylene prices and margins should position the Partnership for improved cash flows once production returns to expected levels."
0 · Reply
MyFriendsCallMeMoe
MyFriendsCallMeMoe Feb. 17 at 2:57 PM
$WLKP Why on earth is this not trading around 100 bucks?
0 · Reply
PenkeTrading
PenkeTrading Jan. 24 at 12:16 PM
I found you an Overbought RSI (Relative Strength Index) on the daily chart of Westlake Chemical Partners LP. Is that bullish or bearish? $WLKP #RsiOverbought #NYSE
0 · Reply
StockAutoPro
StockAutoPro Dec. 13 at 3:47 PM
$WLKP: Westlake Chemical at $22.34 offers steady income through dividends. Buy near $22, targeting $26. Reliable chemical sector exposure.
0 · Reply
NVDAMillionaire
NVDAMillionaire Dec. 11 at 1:01 AM
$WLKP Westlake Chemical Partners LP (WLKP): A Decade of Stability and Growth https://beyondspx.com/article/westlake-chemical-partners-lp-wlkp-a-decade-of-stability-and-growth
0 · Reply
Latest News on WLKP
Westlake Chemical Partners LP Filed Annual Report

Mar 5, 2025, 1:11 PM EST - 4 months ago

Westlake Chemical Partners LP Filed Annual Report


Westlake Chemical Partners Implements Succession Plan

Jul 15, 2024, 8:25 AM EDT - 1 year ago

Westlake Chemical Partners Implements Succession Plan


Westlake Chemical Partners Provides Tax Reporting Information

May 31, 2024, 4:15 PM EDT - 1 year ago

Westlake Chemical Partners Provides Tax Reporting Information


Westlake Chemical Partners Provides 2023 Tax Information

Mar 14, 2024, 5:00 PM EDT - 1 year ago

Westlake Chemical Partners Provides 2023 Tax Information


JamesGray780
JamesGray780 Jun. 26 at 1:28 PM
$WLKP +3%
0 · Reply
SpringGunner
SpringGunner May. 28 at 6:30 PM
$WLKP Insider sale @ $22.17 on 05/27/25 James Chao sold 13,908 shares. Still owns 35,238,556 shares. Looks like dividends will be reinvested at a very decent price. Don't know if last quarter is what is driving price down. Foolish if it is. I will be several years before another shut down per: the last conference call. Still hoping that increased revenue will turn into increased income. Hard to do under this kind of inflation though.
0 · Reply
TalkMarkets
TalkMarkets May. 24 at 7:00 PM
Westlake Chemical Partners LP: Is This Deeply Undervalued Stock A Hidden Gem? $WLKP https://talkmarkets.com/content/stocks--equities/westlake-chemical-partners-lp-is-this-deeply-undervalued-stock-a-hidden-gem?post=499398&userid=123969
0 · Reply
NVDAMillionaire
NVDAMillionaire Mar. 31 at 1:20 AM
$WLKP Digging the stable distribution play here. Ethylene sales agreement looks rock solid. Planned turnaround might create a nice entry point. Management seems strategic about growth opportunities. Watching closely for potential add to portfolio. great article: https://beyondspx.com/article/westlake-chemical-partners-lp-wlkp-delivering-consistent-value-through-market-cycles
0 · Reply
DonCorleone77
DonCorleone77 Feb. 24 at 11:51 AM
$WLKP Westlake reports Q4 diluted EPS 6c vs. ($3.86) last year Reports Q4 revenue $2.84B vs. $2.83B last year. "Westlake generated solid sales volume growth in 2024, in part due to innovative new product introductions, export opportunities enabled by our globally-advantaged feedstock & energy cost position in our Performance and Essential Materials segment in spite of globally weak macroeconomic conditions the industry is experiencing, and our position as a leading supplier to faster-growing national homebuilders in our Housing and Infrastructure Products segment. HIP segment EBITDA increased more than 10% compared to 2023 as our sales volume growth outperformed the growth in the overall market while our cost-saving actions improved profitability. While earnings in our PEM segment were lower compared to 2023 due to lower average sales price as a result of weak global industrial and manufacturing activity, we made important progress during 2024 to improve our cost structure through productivity enhancements and the decision to mothball the AC and ECH units at our epoxy site in Pernis, The Netherlands," said Jean-Marc Gilson, President and Chief Executive Officer.
0 · Reply
DonCorleone77
DonCorleone77 Feb. 24 at 11:49 AM
$WLKP Westlake Chemical Partners reports Q4 EPS 43c vs. 41c last year Reports Q4 revenue $290.06M vs. $297.27M last year. "The Partnership performed well in 2024 as we exceeded our annual production plan, in part due to the decision to defer the planned turnaround at our Petro 1 ethylene unit to 2025. By postponing the Petro 1 turnaround we were able to better capture attractive third-party ethylene prices and margins in the second half of 2024, which supported an improvement in the Partnership's distributable cash flow and coverage ratio for the full year 2024," said CEO Jean-Marc Gilson. "At the end of January 2025, we began our planned maintenance turnaround at our Petro 1 ethylene unit, which is expected to last approximately 60 days. As is typically the case during turnaround years, the lost production during the Petro 1 turnaround may cause the Partnership's coverage ratio to dip below 1.00x this year. As has been the case in previous turnaround years when the Partnership's coverage ratio dipped below 1.00x, we estimate that the Partnership will have ample cash and operating surplus to fund distributions in excess of distributable cash flow in 2025. Looking beyond 2025, we believe recent improvement in third-party ethylene prices and margins should position the Partnership for improved cash flows once production returns to expected levels."
0 · Reply
MyFriendsCallMeMoe
MyFriendsCallMeMoe Feb. 17 at 2:57 PM
$WLKP Why on earth is this not trading around 100 bucks?
0 · Reply
PenkeTrading
PenkeTrading Jan. 24 at 12:16 PM
I found you an Overbought RSI (Relative Strength Index) on the daily chart of Westlake Chemical Partners LP. Is that bullish or bearish? $WLKP #RsiOverbought #NYSE
0 · Reply
StockAutoPro
StockAutoPro Dec. 13 at 3:47 PM
$WLKP: Westlake Chemical at $22.34 offers steady income through dividends. Buy near $22, targeting $26. Reliable chemical sector exposure.
0 · Reply
NVDAMillionaire
NVDAMillionaire Dec. 11 at 1:01 AM
$WLKP Westlake Chemical Partners LP (WLKP): A Decade of Stability and Growth https://beyondspx.com/article/westlake-chemical-partners-lp-wlkp-a-decade-of-stability-and-growth
0 · Reply
PenkeTrading
PenkeTrading Nov. 23 at 8:36 AM
I found you an Overbought RSI (Relative Strength Index) on the daily chart of Westlake Chemical Partners LP. Is that bullish or bearish? $WLKP #RsiOverbought #NYSE
0 · Reply
DonCorleone77
DonCorleone77 Nov. 5 at 11:40 AM
$WLKP Westlake Chemical Partners reports Q3 EPS 51c, consensus 36c Reports Q3 revenue $277M vs. $321.66M last year. "We are pleased with the Partnership's performance for the third quarter of 2024. During the quarter, third-party ethylene sales prices and margins improved to their highest quarterly average in years, in part due to weather events and production outages at other producers. In an effort to better capture these attractive third-party margins we opportunistically made the decision to defer the planned turnaround at our Petro 1 ethylene unit to Q1 of 2025 while also shifting third-party sales volumes planned for later in the year into the third quarter. As a result, we were pleased with the improvement in our third quarter distributable cash flow compared to recent quarters," said CEO Jean-Marc Gilson. "Looking ahead to the remainder of 2024, with most of our planned third-party ethylene sales volumes for the year already booked, and as maintenance capital spending increases to support the upcoming Petro 1 turnaround in early 2025, we expect some moderation in our distributable cash flow in Q4. However, the improved outlook for third-party ethylene margins and continued execution of our ethylene sales contract with Westlake position us well for continued predictable cash flow and distributions to our unitholders, which we have demonstrated since our IPO ten years ago."
0 · Reply
CEOBuysDisclosures
CEOBuysDisclosures Sep. 3 at 3:45 PM
$WLKP CEO purchased 1,000 shares at $22.83 for a total of $22,830. Gilson Jean-Marc now owns 3,927 shares. https://ceo-buys.com
0 · Reply
value420
value420 Aug. 29 at 7:53 PM
$WLKP rate cuts will be great for this leveraged high yielder
0 · Reply
CEOBuysDisclosures
CEOBuysDisclosures Aug. 28 at 11:30 PM
$WLKP CEO purchased 2,000 shares at $22.92 for a total of $45,843. Gilson Jean-Marc now owns 2,927 shares. https://ceo-buys.com
0 · Reply
CEOBuysDisclosures
CEOBuysDisclosures Aug. 26 at 3:45 PM
$WLKP CEO purchased 927 shares at $22.75 for a total of $21,090. Gilson Jean-Marc now owns 927 shares. https://ceo-buys.com
0 · Reply
TheOriginalBagHolder
TheOriginalBagHolder Aug. 17 at 8:31 PM
$WLKP Great ER August 6th. 2Q 2024 vs. 2Q 2023: Net income up $2.5M Cash flow from operations up $23.4M Great chart. Breakout at $22.80-$22.85. Waiting for pocket pivot.
0 · Reply
insiderbuyingselling
insiderbuyingselling Aug. 14 at 2:27 PM
$WLKP new insider buying: 2692 shares. http://insiderbuyingselling.com/?t=WLKP
0 · Reply