NYSE:WLKP Westlake Chemical Partners (WLKP) Stock Price, News & Analysis $23.04 +0.01 (+0.04%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$22.98▼$23.1750-Day Range$22.15▼$23.5352-Week Range$20.91▼$23.68Volume12,576 shsAverage Volume57,175 shsMarket Capitalization$811.70 millionP/E Ratio14.96Dividend Yield8.20%Price TargetN/A Stock AnalysisStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Westlake Chemical Partners alerts: Email Address Westlake Chemical Partners MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.61% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$430,347 Bought Last QuarterProj. Earnings Growth1.71%From $1.75 to $1.78 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.35 out of 5 starsBasic Materials Sector120th out of 175 stocksIndustrial Organic Chemicals Industry14th out of 17 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Westlake Chemical Partners.Read more about Westlake Chemical Partners' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.61% of the float of Westlake Chemical Partners has been sold short.Short Interest Ratio / Days to CoverWestlake Chemical Partners has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Westlake Chemical Partners has recently increased by 2.86%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend LeadershipWestlake Chemical Partners is a leading dividend payer. It pays a dividend yield of 8.20%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthWestlake Chemical Partners does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Westlake Chemical Partners is 122.73%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Westlake Chemical Partners will have a dividend payout ratio of 106.18% in the coming year. This indicates that Westlake Chemical Partners may not be able to sustain their current dividend.Read more about Westlake Chemical Partners' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for WLKP. Previous Next 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Westlake Chemical Partners this week, compared to 1 article on an average week.Search InterestOnly 3 people have searched for WLKP on MarketBeat in the last 30 days. This is a decrease of -70% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Westlake Chemical Partners to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Westlake Chemical Partners insiders have bought more of their company's stock than they have sold. Specifically, they have bought $430,347.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.10% of the stock of Westlake Chemical Partners is held by insiders.Percentage Held by Institutions78.28% 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.Read more about Westlake Chemical Partners' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Westlake Chemical Partners are expected to grow by 1.71% in the coming year, from $1.75 to $1.78 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Westlake Chemical Partners is 14.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Westlake Chemical Partners is 14.96, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 142.71.Price to Book Value per Share RatioWestlake Chemical Partners has a P/B Ratio of 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Westlake Chemical Partners' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Colonial MetalsCollapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.In answer to this issue, we have released a Special Report to the public. About Westlake Chemical Partners Stock (NYSE:WLKP)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. Westlake Chemical Partners GP LLC serves as the general partner of the company. Westlake Chemical Partners LP was founded in 1991 and is headquartered in Houston, Texas.Read More WLKP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WLKP Stock News HeadlinesJuly 25 at 10:24 PM | stockhouse.comWestlake Chemical Partners Announce Second Quarter 2024 Earnings Conference CallMay 31, 2024 | businesswire.comWestlake Chemical Partners Provides Tax Reporting InformationJuly 26, 2024 | Colonial Metals (Ad)Collapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.May 7, 2024 | 247wallst.comFor $10,000 in Passive Income, Invest $7,500 in These 12 Dividend StocksMay 2, 2024 | finance.yahoo.comWestlake Chemical Partners LP (NYSE:WLKP) Q1 2024 Earnings Call TranscriptMay 2, 2024 | finance.yahoo.comWestlake Chemical Partners LP (WLKP) (Q1 2024) Earnings Call Transcript Highlights: Stability ...May 2, 2024 | finance.yahoo.comQ1 2024 Westlake Corp Earnings CallMay 2, 2024 | gurufocus.comQ1 2024 Westlake Chemical Partners LP Earnings Call TranscriptJuly 26, 2024 | Colonial Metals (Ad)Collapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.May 1, 2024 | finance.yahoo.comWestlake Chemical Partners LP Reports Q1 2024 Earnings, Aligns with Analyst ProjectionsMay 1, 2024 | msn.comWestlake Chemical Partners declares $0.4714 dividendMay 1, 2024 | msn.comWestlake Chemical Partners GAAP EPS of $0.42, revenue of $284.67MMay 1, 2024 | sfgate.comWestlake Chemical Partners: Q1 Earnings SnapshotMay 1, 2024 | markets.businessinsider.comHere's what to expect from Westlake Chemical Partners LP Partnership Units's earningsApril 30, 2024 | msn.comWestlake Chemical Partners Q1 2024 Earnings PreviewApril 30, 2024 | finance.yahoo.comWestlake Chemical Partners LP Announces First Quarter 2024 DistributionApril 17, 2024 | finance.yahoo.comWestlake Chemical Partners Announce First Quarter 2024 Earnings Conference CallApril 17, 2024 | businesswire.comWestlake Chemical Partners Announce First Quarter 2024 Earnings Conference CallSee More Headlines Receive WLKP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Westlake Chemical Partners and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/01/2024Ex-Dividend for 5/29 Dividend5/10/2024Dividend Payable5/29/2024Today7/26/2024Next Earnings (Confirmed)8/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBasic Materials Industry Industrial organic chemicals Sub-IndustryChemicals Current SymbolNYSE:WLKP CUSIPN/A CIK1604665 Webwww.wlkpartners.com Phone(713) 585-2900FaxN/AEmployees150Year Founded1986Profitability EPS (Most Recent Fiscal Year)$1.54 Trailing P/E Ratio14.94 Forward P/E Ratio13.14 P/E GrowthN/ANet Income$54.28 million Net Margins4.64% Pretax Margin28.57% Return on Equity6.32% Return on Assets4.10% Debt Debt-to-Equity Ratio0.47 Current Ratio5.21 Quick Ratio5.09 Sales & Book Value Annual Sales$1.19 billion Price / Sales0.68 Cash Flow$4.67 per share Price / Cash Flow4.93 Book Value$24.31 per share Price / Book0.95Miscellaneous Outstanding Shares35,230,000Free Float34,840,000Market Cap$810.29 million OptionableOptionable Beta1.12 Social Links Reduce the RiskMarket downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.Get This Free Report Key ExecutivesMr. Albert Yuan Chao (Age 74)President, CEO & Director of Westlake Chemical Partners GP LLC Mr. Mark Steven Bender CPA (Age 67)Executive VP, CFO & Director of Westlake Chemical Partners GP LLC Mr. Johnathan Stevan Zoeller (Age 48)VP & Chief Accounting Officer of Westlake Chemical Partners GP LLC Mr. L. Benjamin Ederington (Age 53)EVP Perf. & Ess. Mat., Gen. Counsel, Chief Admin Off. and Director of Westlake Chem. Partners GP LLC Mr. Andrew F. Kenner (Age 59)Senior VP of Olefin Materials & Corporate Procurement of Westlake Chemical Partners GP LLC Mr. Jeff HolyVP & Treasurer of Westlake Chemical Partners GP LLCMore ExecutivesKey CompetitorsTronoxNYSE:TROXPureCycle TechnologiesNYSE:PCTAdvanSixNYSE:ASIXValhiNYSE:VHILuxferNYSE:LXFRView All CompetitorsInsiders & InstitutionsAndrew KennerBought 2,291 shares on 5/30/2024Total: $50,928.93 ($22.23/share)Pathway Financial Advisers LLCBought 97,692 shares on 5/29/2024Ownership: 0.277%Delphi Management Inc. MASold 4,859 shares on 5/21/2024Ownership: 0.106%Energy Income Partners LLCSold 70,193 shares on 5/15/2024Ownership: 5.710%Texas Capital Bank Wealth Management Services IncSold 5,000 shares on 5/13/2024Ownership: 0.057%View All Insider TransactionsView All Institutional Transactions WLKP Stock Analysis - Frequently Asked Questions How have WLKP shares performed this year? Westlake Chemical Partners' stock was trading at $21.65 at the beginning of 2024. Since then, WLKP shares have increased by 6.4% and is now trading at $23.04. View the best growth stocks for 2024 here. How were Westlake Chemical Partners' earnings last quarter? Westlake Chemical Partners LP (NYSE:WLKP) released its earnings results on Wednesday, May, 1st. The basic materials company reported $0.42 earnings per share for the quarter, missing analysts' consensus estimates of $0.43 by $0.01. The basic materials company earned $284.67 million during the quarter, compared to analyst estimates of $280.76 million. Westlake Chemical Partners had a trailing twelve-month return on equity of 6.32% and a net margin of 4.64%. Does Westlake Chemical Partners have any subsidiaries? Westlake Chemical Partners subsidiaries include Hexion - Epoxy Business, Dimex, Nakan, Axiall Corporation, Vinnolit Holdings, CertainTeed Corporation, Axiall Canada Inc., and others. Who are Westlake Chemical Partners' major shareholders? Top institutional shareholders of Westlake Chemical Partners include Concourse Financial Group Securities Inc.. View institutional ownership trends. How do I buy shares of Westlake Chemical Partners? Shares of WLKP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Westlake Chemical Partners own? Based on aggregate information from My MarketBeat watchlists, some other companies that Westlake Chemical Partners investors own include AT&T (T), Enterprise Products Partners (EPD), Energy Transfer (ET), AbbVie (ABBV), International Business Machines (IBM), Verizon Communications (VZ) and Westlake (WLK). 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