Westlake Chemical Partners (WLKP) Stock Price, News & Analysis

Company Overview

Westlake Chemical Partners LP (NYSE:WLKP) is a publicly traded master limited partnership formed by Westlake Corporation in 2014. The partnership owns and operates ethylene production facilities and related assets in the United States, with operations centered in the Gulf Coast region and Calvert City, Kentucky.

The company produces ethylene, a basic chemical used in the manufacture of polyethylene, vinyl products, chlor-alkali derivatives and other petrochemical materials. Westlake Chemical Partners sells a substantial portion of its ethylene production to affiliates of Westlake Corporation under long-term agreements, while also serving other customers in the petrochemical industry.

Westlake Chemical Partners is sponsored and supported by Westlake Corporation, a global manufacturer of performance and essential materials. Its business is focused on operating and expanding a portfolio of ethylene assets that supply feedstock to downstream chemical and plastics production across North America.

Key Stats

• Today's Range: $21.15 to $21.48
• 50-Day Range: $21.22 to $22.14
• 52-Week Range: $17.75 to $23.88
• Volume: 15,692 shs
• Average Volume: 22,875 shs
• Market Capitalization: $748.92 million
• P/E Ratio: 13.03
• Dividend Yield: 8.90%
• Price Target: $26.00
• Consensus Rating: Moderate Buy

Westlake Chemical Partners Stock Analysis - MarketRank™

Westlake Chemical Partners scored higher than 93% of companies evaluated by MarketBeat, and ranked 32nd out of 230 stocks in the materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Westlake Chemical Partners has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on no strong buy ratings, 1 buy rating, 1 hold rating, and no sell ratings.

Upside Potential

Westlake Chemical Partners has a consensus price target of $26.00, representing about 22.4% upside from its current price of $21.25.

Amount of Analyst Coverage

Westlake Chemical Partners has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 13.33%

Earnings Growth

Earnings for Westlake Chemical Partners are expected to grow by 13.33% in the coming year, from $1.50 to $1.70 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Westlake Chemical Partners is 13.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.06.

Price to Earnings Ratio vs. Sector

The P/E ratio of Westlake Chemical Partners is 13.03, which means that it is trading at a less expensive P/E ratio than the Materials sector average P/E ratio of about 24.42.

Price to Earnings Growth Ratio

Westlake Chemical Partners has a PEG Ratio of 0.82. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Westlake Chemical Partners has a P/B Ratio of 0.93. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

0.40% of the float of Westlake Chemical Partners has been sold short.

Short Interest Ratio / Days to Cover

Westlake Chemical Partners has a short interest ratio ("days to cover") of 6.93.

Change versus previous month

Short interest in Westlake Chemical Partners has recently increased by 3.50%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Westlake Chemical Partners is a leading dividend payer. It pays a dividend yield of 8.81%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Westlake Chemical Partners does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Westlake Chemical Partners is 115.95%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Westlake Chemical Partners will have a dividend payout ratio of 111.18% in the coming year. This indicates that Westlake Chemical Partners may not be able to sustain their current dividend.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: N/A

News Sentiment

Westlake Chemical Partners has a news sentiment score of 1.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.39 average news sentiment score of Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Westlake Chemical Partners this week, compared to 1 article on an average week.

MarketBeat Follows

1 people have added Westlake Chemical Partners to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Westlake Chemical Partners insiders have not sold or bought any company stock.

Percentage Held by Insiders

1.10% of the stock of Westlake Chemical Partners is held by insiders.

Percentage Held by Institutions

78.28% of the stock of Westlake Chemical Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 8/04/2026
• Record date for 8/28 Dividend: 8/13/2026
• Ex-Dividend for 8/28 Dividend: 8/13/2026
• Dividend Payable: 8/28/2026
• Today: 10/10/2026
• Next Earnings (Estimated): 10/29/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Materials
• Industry: Chemicals
• Sub-Industry: Commodity Chemicals
• Current Symbol: NYSE:WLKP
• CIK: 1604665
• Web: www.wlkpartners.com
• Phone: (713) 585-2900
• Fax: N/A
• Employees: 150
• Year Founded: 1986

Price Target and Rating

• Average Price Target for Westlake Chemical Partners: $26.00
• High Price Target: $26.00
• Low Price Target: $26.00
• Potential Upside/Downside: +22.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.63
• Trailing P/E Ratio: 13.03
• Forward P/E Ratio: 14.16
• P/E Growth: 0.82
• Net Income: $48.70 million
• Net Margins: 4.66%
• Pretax Margin: 27.14%
• Return on Equity: 7.25%
• Return on Assets: 4.63%

Debt

• Debt-to-Equity Ratio: 0.52
• Current Ratio: 3.44
• Quick Ratio: 3.36

Sales & Book Value

• Annual Sales: $1.17 billion
• Price / Sales: 0.64
• Cash Flow: $4.98 per share
• Price / Cash Flow: 4.27
• Book Value: $22.76 per share
• Price / Book: 0.93

Miscellaneous

• Outstanding Shares: 35,250,000
• Free Float: 34,858,000
• Market Cap: $748.92 million
• Optionable: Optionable
• Beta: 0.52