Westlake Chemical Partners (WLKP) to Release Earnings on Tuesday

Key Points

• Westlake Chemical Partners is expected to report its Q2 2025 earnings on August 5th, with analysts predicting earnings of $0.44 per share.
• The company recently announced a quarterly dividend of $0.4714 per share, translating to an annualized yield of 8.57%.
• Goldman Sachs raised its stake in Westlake Chemical Partners by 3.8% during the first quarter, further indicating strong institutional interest in the stock.

Westlake Chemical Partners (NYSE:WLKP - Get Free Report) will likely be announcing its Q2 2025 earnings results before the market opens on Tuesday, August 5th. Analysts expect Westlake Chemical Partners to post earnings of $0.44 per share for the quarter.

Westlake Chemical Partners (NYSE:WLKP - Get Free Report) last released its quarterly earnings data on Friday, May 2nd. The basic materials company reported $0.14 EPS for the quarter, missing analysts' consensus estimates of $0.38 by ($0.24). The company had revenue of $237.63 million for the quarter, compared to the consensus estimate of $296.00 million. Westlake Chemical Partners had a return on equity of 6.35% and a net margin of 4.82%. 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 Performance

Shares of WLKP traded down $0.08 during trading hours on Wednesday, hitting $21.96. The company had a trading volume of 29,593 shares, compared to its average volume of 27,402. The firm has a market cap of $773.87 million, a price-to-earnings ratio of 14.74 and a beta of 0.77. The company has a quick ratio of 1.35, a current ratio of 1.37 and a debt-to-equity ratio of 0.50. The business has a fifty day moving average of $22.18 and a 200-day moving average of $23.05. Westlake Chemical Partners has a 12 month low of $21.19 and a 12 month high of $25.04.

Westlake Chemical Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Tuesday, May 13th were issued a dividend of $0.4714 per share. This represents a $1.89 dividend on an annualized basis and a dividend yield of 8.59%. The ex-dividend date was Tuesday, May 13th. Westlake Chemical Partners's dividend payout ratio is presently 126.85%.

Insider Activity at Westlake Chemical Partners

In related news, Chairman James Chao sold 5,608 shares of the business's stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $22.17, for a total value of $124,329.36. Following the completion of the sale, the chairman directly owned 8,300 shares in the company, valued at approximately $184,011. The trade was a 40.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders have sold 13,908 shares of company stock worth $307,759 over the last quarter. 1.10% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Westlake Chemical Partners

A hedge fund recently raised its stake in Westlake Chemical Partners stock. Goldman Sachs Group Inc. increased its stake in Westlake Chemical Partners LP (NYSE:WLKP - Free Report) by 3.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 228,885 shares of the basic materials company's stock after purchasing an additional 8,424 shares during the period. Goldman Sachs Group Inc. owned approximately 0.65% of Westlake Chemical Partners worth $5,285,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 78.28% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen lowered Westlake Chemical Partners from a "strong-buy" rating to a "buy" rating in a research note on Monday, May 5th.

Westlake Chemical Partners 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 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.