Westlake Chemical Partners (WLKP) Projected to Post Earnings on Tuesday

Key Points

• Westlake Chemical Partners is expected to report Q1 2026 results before the market opens on Tuesday, May 5, with analysts forecasting $0.43 EPS and $522.0 million in revenue (earnings call at 1:00 PM ET).
• In the most recent quarter (announced Feb. 24) WLKP posted $0.41 EPS versus a $0.42 consensus and revenue of $323.05 million, and analysts project about $2.00 EPS for the current and next fiscal years.
• The stock trades near $22.57 with a market cap of roughly $795 million, a PE of 16.35 and a 52‑week range of $17.75–$23.80; consensus rating is "Hold" despite some recent upgrades and institutional ownership of about 78%.

Westlake Chemical Partners (NYSE:WLKP - Get Free Report) is anticipated to issue its Q1 2026 results before the market opens on Tuesday, May 5th. Analysts expect the company to announce earnings of $0.43 per share and revenue of $522.00 million for the quarter. Individuals can check the company's upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Tuesday, May 5, 2026 at 1:00 PM ET.

Westlake Chemical Partners (NYSE:WLKP - Get Free Report) last announced its quarterly earnings data on Tuesday, February 24th. The basic materials company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.01). Westlake Chemical Partners had a net margin of 4.17% and a return on equity of 5.99%. The firm had revenue of $323.05 million for the quarter, compared to analyst estimates of $313.00 million. On average, analysts expect Westlake Chemical Partners to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Westlake Chemical Partners Stock Up 0.0%

NYSE WLKP opened at $22.57 on Tuesday. The business has a fifty day moving average price of $22.16 and a two-hundred day moving average price of $20.59. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.80 and a quick ratio of 2.74. Westlake Chemical Partners has a fifty-two week low of $17.75 and a fifty-two week high of $23.80. The stock has a market capitalization of $795.42 million, a PE ratio of 16.35, a PEG ratio of 0.64 and a beta of 0.57.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on WLKP shares. Wall Street Zen upgraded Westlake Chemical Partners from a "buy" rating to a "strong-buy" rating in a research note on Saturday, March 28th. Weiss Ratings upgraded Westlake Chemical Partners from a "hold (c)" rating to a "hold (c+)" rating in a research note on Wednesday, April 22nd. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of "Hold".

Hedge Funds Weigh In On Westlake Chemical Partners

Several institutional investors and hedge funds have recently added to or reduced their stakes in WLKP. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Westlake Chemical Partners by 6.0% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 583,932 shares of the basic materials company's stock worth $12,899,000 after purchasing an additional 32,863 shares during the period. Bank of America Corp DE lifted its holdings in shares of Westlake Chemical Partners by 1.3% during the third quarter. Bank of America Corp DE now owns 255,275 shares of the basic materials company's stock worth $5,358,000 after purchasing an additional 3,200 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of Westlake Chemical Partners by 3.8% during the first quarter. Goldman Sachs Group Inc. now owns 228,885 shares of the basic materials company's stock worth $5,285,000 after purchasing an additional 8,424 shares during the period. Advisory Services Network LLC lifted its holdings in shares of Westlake Chemical Partners by 17.1% during the fourth quarter. Advisory Services Network LLC now owns 48,000 shares of the basic materials company's stock worth $912,000 after purchasing an additional 7,000 shares during the period. Finally, LPL Financial LLC lifted its holdings in shares of Westlake Chemical Partners by 1.7% during the fourth quarter. LPL Financial LLC now owns 33,708 shares of the basic materials company's stock worth $640,000 after purchasing an additional 579 shares during the period. Institutional investors own 78.28% of the company's stock.

Westlake Chemical Partners Company Profile

Westlake Chemical Partners LP NYSE: WLKP is a publicly traded master limited partnership sponsored by Westlake Chemical Corporation. The partnership owns, operates and acquires a portfolio of ethylene and vinyl manufacturing assets throughout the United States and the United Kingdom. As a downstream producer of basic chemicals and intermediates, WLKP supplies key industrial feedstocks to customers in a variety of end markets.

WLKP's operations are organized into two primary segments: olefins and vinyls.

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