Westlake Chemical Partners (WLKP) Set to Post Quarterly Earnings on Thursday

Key Points

• Westlake Chemical Partners is expected to report Q3 2026 results before the market opens Thursday, October 29. Analysts forecast earnings of $0.2996 per share on revenue of $336.33 million, with an earnings call scheduled for November 4.
• The company’s previous quarter fell slightly short of expectations, reporting $0.40 in EPS versus a $0.41 consensus estimate and $297.10 million in revenue versus $537 million expected.
• WLKP recently paid a $0.4714 quarterly dividend, equivalent to a 9.0% annualized yield, while analysts maintain a “Moderate Buy” consensus rating and a $26 price target.

Westlake Chemical Partners (NYSE:WLKP - Get Free Report) is expected to release its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect the company to announce earnings of $0.2996 per share and revenue of $336.33 million for the quarter. Individuals are encouraged to explore the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Wednesday, November 4, 2026 at 1:00 PM ET.

Westlake Chemical Partners (NYSE:WLKP - Get Free Report) last released its earnings results on Tuesday, August 4th. The basic materials company reported $0.40 earnings per share for the quarter, missing analysts' consensus estimates of $0.41 by ($0.01). Westlake Chemical Partners had a net margin of 4.66% and a return on equity of 7.25%. The company had revenue of $297.10 million during the quarter, compared to analysts' expectations of $537.00 million. On average, analysts expect Westlake Chemical Partners to post $1.50 EPS for the current fiscal year and $1.70 EPS for the next fiscal year.

Westlake Chemical Partners Trading Down 0.6%

Shares of WLKP stock opened at $20.91 on Thursday. The company's fifty day simple moving average is $21.46 and its two-hundred day simple moving average is $22.14. The stock has a market capitalization of $737.25 million, a price-to-earnings ratio of 12.83, a PEG ratio of 0.81 and a beta of 0.52. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.44 and a quick ratio of 3.36. Westlake Chemical Partners has a 1 year low of $17.75 and a 1 year high of $23.88.

Westlake Chemical Partners Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Thursday, August 13th were paid a $0.4714 dividend. The ex-dividend date of this dividend was Thursday, August 13th. This represents a $1.89 annualized dividend and a yield of 9.0%. Westlake Chemical Partners's dividend payout ratio is currently 115.95%.

Wall Street Analyst Weigh In

A number of brokerages have commented on WLKP. Weiss Ratings cut Westlake Chemical Partners from a "hold (c+)" rating to a "hold (c)" rating in a research note on Friday, October 2nd. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $26.00 target price on shares of Westlake Chemical Partners in a research note on Wednesday, September 9th. Finally, Wall Street Zen downgraded shares of Westlake Chemical Partners from a "strong-buy" rating to a "hold" rating in a research note on Saturday, August 15th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $26.00.

Westlake Chemical Partners Company Profile

Westlake Chemical Partners LP NYSE: WLKP is a master limited partnership that owns, operates and acquires ethylene production assets. Ethylene is a basic petrochemical used in the manufacture of plastics, polymers and other industrial products.

The partnership's operations are focused on ethylene production facilities in the United States, including assets in Louisiana and Kentucky. Its ethylene is sold primarily under long-term agreements to Westlake Corporation, its primary customer and sponsor, as well as to certain third-party customers.

Westlake Chemical Partners was formed in 2014 and became a publicly traded partnership that year.

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