NYSE:WLKP - Westlake Chemical Partners Stock Price, News, & Analysis

Westlake Chemical Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "WLKP."

Westlake Chemical Partners announced a quarterly dividend on Wednesday, May 1st. Investors of record on Monday, May 13th will be paid a dividend of $0.4452 per share on Tuesday, May 28th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 7.45%. The ex-dividend date of this dividend is Friday, May 10th. This is a boost from Westlake Chemical Partners's previous quarterly dividend of $0.43. View Westlake Chemical Partners' Dividend History.

Westlake Chemical Partners LP (NYSE:WLKP) announced its quarterly earnings results on Thursday, May, 2nd. The basic materials company reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates of $0.43 by $0.03. The basic materials company earned $299.09 million during the quarter. Westlake Chemical Partners had a net margin of 4.00% and a return on equity of 5.43%. View Westlake Chemical Partners' Earnings History.

Westlake Chemical Partners is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for Westlake Chemical Partners.

1 analysts have issued 12-month price objectives for Westlake Chemical Partners' shares. Their predictions range from $27.00 to $27.00. On average, they expect Westlake Chemical Partners' share price to reach $27.00 in the next twelve months. This suggests a possible upside of 12.9% from the stock's current price. View Analyst Price Targets for Westlake Chemical Partners.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Westlake Chemical Partners in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Westlake Chemical Partners.

Media stories about WLKP stock have trended positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Westlake Chemical Partners earned a coverage optimism score of 2.1 on InfoTrie's scale. They also assigned press coverage about the basic materials company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the stock's share price in the next several days. View News Stories for Westlake Chemical Partners.

Westlake Chemical Partners saw a increase in short interest during the month of May. As of May 15th, there was short interest totalling 209,600 shares, an increase of 22.1% from the April 15th total of 171,700 shares. Based on an average daily trading volume, of 66,100 shares, the short-interest ratio is presently 3.2 days. Currently, 1.1% of the shares of the stock are sold short. View Westlake Chemical Partners' Current Options Chain.

Some companies that are related to Westlake Chemical Partners include Sensient Technologies (SXT), Codexis (CDXS), Renewable Energy Group (REGI), FutureFuel (FF), Green Plains (GPRE), REX American Resources (REX), Green Plains Partners (GPP), Amyris (AMRS), Solarwindow Technologies (WNDW), Dyadic International (DYAI), Sino United Worldwide Consolidated (SUIC), Pacific Ethanol (PEIX), Tantech (TANH), CTD (CTDH) and Gevo (GEVO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Westlake Chemical Partners investors own include VelocityShares 3x Long Natural Gas ETN (UGAZ), Westlake Chemical (WLK), AbbVie (ABBV), KNOT Offshore Partners (KNOP), SunCoke Energy Partners (SXCP), Prospect Capital (PSEC), Cross Timbers Royalty Trust (CRT), Energy Transfer LP Unit (ET), Spectra Energy Partners (SEP) and Williams Partners (WPZ).

Westlake Chemical Partners' stock is owned by many different of institutional and retail investors. Top institutional shareholders include OppenheimerFunds Inc. (18.45%), Janus Henderson Group PLC (5.65%), Tortoise Capital Advisors L.L.C. (2.17%), Duff & Phelps Investment Management Co. (1.94%), Clearbridge Investments LLC (1.31%) and Citigroup Inc. (0.67%). Company insiders that own Westlake Chemical Partners stock include Albert Chao, Angela A Minas, David Lumpkins, James Chao, Lawrence E Teel, Mark Steven Bender and Ttwfgp Llc. View Institutional Ownership Trends for Westlake Chemical Partners.

WLKP stock was sold by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Duff & Phelps Investment Management Co., Commonwealth of Pennsylvania Public School Empls Retrmt SYS, BNP Paribas Arbitrage SA and Adirondack Research & Management Inc.. View Insider Buying and Selling for Westlake Chemical Partners.

WLKP stock was bought by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., Clearbridge Investments LLC, Janus Henderson Group PLC, Citigroup Inc., Acadian Asset Management LLC and Janney Montgomery Scott LLC. Company insiders that have bought Westlake Chemical Partners stock in the last two years include Albert Chao, Angela A Minas, David Lumpkins, James Chao, Lawrence E Teel, Mark Steven Bender and Ttwfgp Llc. View Insider Buying and Selling for Westlake Chemical Partners.

Shares of WLKP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of WLKP stock can currently be purchased for approximately $23.9101.

Westlake Chemical Partners has a market capitalization of $771.10 million and generates $1.29 billion in revenue each year. The basic materials company earns $49.35 million in net income (profit) each year or $1.51 on an earnings per share basis. View Additional Information About Westlake Chemical Partners.

The official website for Westlake Chemical Partners is http://www.wlkpartners.com/.

Westlake Chemical Partners' mailing address is 2801 POST OAK BOULEVARD SUITE 600, HOUSTON TX, 77056. The basic materials company can be reached via phone at 713-585-2900 or via email at [email protected]