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NYSE:WLKP

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

Westlake Chemical Partners logo
$21.68 +0.27 (+1.24%)
Closing price 03:58 PM Eastern
Extended Trading
$21.68 0.00 (0.00%)
As of 07:30 PM Eastern
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About Westlake Chemical Partners Stock (NYSE:WLKP)

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Key Stats

Today's Range
$21.40
▼
$21.73
50-Day Range
$20.83
▼
$21.97
52-Week Range
$17.75
▼
$23.88
Volume
23,140 shs
Average Volume
18,652 shs
Market Capitalization
$764.40 million
P/E Ratio
12.83
Dividend Yield
8.72%
Price Target
$26.00
Consensus Rating
Moderate Buy

Company Overview

Westlake Chemical Partners LP is a master limited partnership formed in 2014 to own and operate ethylene production facilities and related assets. Its operations are conducted through Westlake Chemical OpCo LP, in which the partnership holds an interest.

The partnership’s assets include ethylene production facilities in Lake Charles, Louisiana, and Calvert City, Kentucky, as well as related pipeline and storage infrastructure. Ethylene is a key chemical building block used to make products such as polyethylene and other plastics.

Westlake Chemical Partners sells the ethylene produced by its facilities to Westlake Corporation under a long-term agreement. Its operations are based in the United States and are closely integrated with Westlake’s broader chemicals business.

AI Generated. May Contain Errors.

Westlake Chemical Partners Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
90th Percentile Overall Score

WLKP MarketRank™: 
4.495101241015 of 5 stars

Westlake Chemical Partners scored higher than 90% of companies evaluated by MarketBeat, and ranked 40th out of 227 stocks in the materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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 19.9% upside from its current price of $21.69.

  • Amount of Analyst Coverage

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

  • Read more about Westlake Chemical Partners' stock forecast and price target.
  • 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 12.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.03.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Westlake Chemical Partners is 12.83, which means that it is trading at a less expensive P/E ratio than the Materials sector average P/E ratio of about 27.07.

  • 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 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.42% 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 8.6.
  • Change versus previous month

    Short interest in Westlake Chemical Partners has recently increased by 2.92%, indicating that investor sentiment is decreasing.
  • Dividend Leadership

    Westlake Chemical Partners is a leading dividend payer. It pays a dividend yield of 8.80%, 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 113.17%. 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.

  • Read more about Westlake Chemical Partners' dividend.
  • News Sentiment

    Westlake Chemical Partners has a news sentiment score of 0.28. 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 lower news sentiment than the 0.39 average news sentiment score of Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Westlake Chemical Partners this week, compared to 1 article on an average week.
  • Search Interest

    2 people have searched for WLKP on MarketBeat in the last 30 days.
  • 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.

  • Read more about Westlake Chemical Partners' insider trading history.
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WLKP Stock News Headlines

Westlake Partners (WLKP) Q3 2026 Earnings Call Transcript
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WLKP Stock Analysis - Frequently Asked Questions

Westlake Chemical Partners' stock was trading at $18.9950 on January 1st, 2026. Since then, WLKP shares have increased by 14.2% and is now trading at $21.6850.

Westlake Chemical Partners LP (NYSE:WLKP) issued its earnings results on Wednesday, November, 4th. The basic materials company reported $0.46 earnings per share for the quarter, beating analysts' consensus estimates of $0.30 by $0.16. The basic materials company earned $314.46 million during the quarter, compared to the consensus estimate of $336.33 million. Westlake Chemical Partners had a net margin of 4.77% and a trailing twelve-month return on equity of 7.55%.
Read the conference call transcript
.

Westlake Chemical Partners subsidiaries include Hexion - Epoxy Business, Dimex, Nakan, Axiall Corporation, Vinnolit Holdings, CertainTeed Corporation, Axiall Canada Inc., and more.

Westlake Chemical Partners (WLKP) raised $225 million in an IPO on Wednesday, July 30th 2014. The company issued 11,250,000 shares at a price of $19.00-$21.00 per share.

Westlake Chemical Partners' top institutional investors include Pathway Financial Advisers LLC (0.32%), Samalin Investment Counsel LLC (0.11%), Pekin Hardy Strauss Inc. (0.06%) and MGO One Seven LLC (0.04%). Insiders that own company stock include Jean-Marc Gilson and James Chao.
View institutional ownership trends
.

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.

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), Verizon Communications (VZ), Energy Transfer (ET), Mplx (MPLX), AbbVie (ABBV) and Kinder Morgan (KMI).

Company Calendar

Record date for 8/28 Dividend
8/13/2026
Ex-Dividend for 8/28 Dividend
8/13/2026
Dividend Payable
8/28/2026
Last Earnings
11/04/2026
Today
11/12/2026
Record date for 12/1 Dividend
11/13/2026
Ex-Dividend for 12/1 Dividend
11/13/2026
Dividend Payable
12/01/2026
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
Fax
N/A
Employees
150
Year Founded
1986

Price Target and Rating

High Price Target
$26.00
Low Price Target
$26.00
Potential Upside/Downside
+19.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

EPS (Trailing Twelve Months)
$1.67
Trailing P/E Ratio
12.83
Forward P/E Ratio
12.76
P/E Growth
0.82
Net Income
$48.70 million
Net Margins
4.77%
Pretax Margin
27.40%
Return on Equity
7.55%
Return on Assets
4.80%

Debt

Debt-to-Equity Ratio
0.52
Current Ratio
3.52
Quick Ratio
3.43

Sales & Book Value

Annual Sales
$1.17 billion
Price / Sales
0.66
Cash Flow
$5.08 per share
Price / Cash Flow
4.27
Book Value
$21.85 per share
Price / Book
0.99

Miscellaneous

Outstanding Shares
35,250,000
Free Float
34,858,000
Market Cap
$764.40 million
Optionable
Optionable
Beta
0.51

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This page (NYSE:WLKP) was last updated on 11/12/2026 by MarketBeat.com Staff.
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