NYSE:WLKP Westlake Chemical Partners (WLKP) Stock Price, News & Analysis $21.14 +0.18 (+0.86%) Closing price 10/23/2026 03:59 PM EasternExtended Trading$21.14 0.00 (0.00%) As of 10/23/2026 07:52 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsInsider TradesNews and TrendsOptions ChainOwnershipSEC FilingsShort Interest About Westlake Chemical Partners Stock (NYSE:WLKP) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get WLKP alerts:Sign Up Key Stats Today's Range$20.81▼$21.2350-Day Range$20.83▼$22.1452-Week Range$17.75▼$23.88Volume10,303 shsAverage Volume20,482 shsMarket Capitalization$745.10 millionP/E Ratio12.97Dividend Yield8.89%Price Target$26.00Consensus RatingModerate Buy Company Overview Westlake Chemical Partners LP (NYSE: WLKP) is a master limited partnership that owns, operates and acquires ethylene production assets. Ethylene is a basic petrochemical used in the manufacture of plastics, polymers and other industrial products. The partnership’s operations are focused on ethylene production facilities in the United States, including assets in Louisiana and Kentucky. Its ethylene is sold primarily under long-term agreements to Westlake Corporation, its primary customer and sponsor, as well as to certain third-party customers. Westlake Chemical Partners was formed in 2014 and became a publicly traded partnership that year. Through its operating subsidiaries, the company seeks to generate stable cash flows from its petrochemical assets while supporting Westlake Corporation’s broader production of polyethylene, vinyls and related products.AI Generated. May Contain Errors. Read More Westlake Chemical Partners Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks88th Percentile Overall ScoreWLKP MarketRank™: 4.391252166955 of 5 starsWestlake Chemical Partners scored higher than 88% of companies evaluated by MarketBeat, and ranked 63rd out of 226 stocks in the materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.5 / 5Analyst RatingModerate Buy Consensus RatingWestlake 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 PotentialWestlake Chemical Partners has a consensus price target of $26.00, representing about 23.0% upside from its current price of $21.14.Amount of Analyst CoverageWestlake 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 and Valuation4.4 / 5Proj. Earnings Growth13.33% Earnings GrowthEarnings 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 MarketThe P/E ratio of Westlake Chemical Partners is 12.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.78.Price to Earnings Ratio vs. SectorThe P/E ratio of Westlake Chemical Partners is 12.97, which means that it is trading at a less expensive P/E ratio than the Materials sector average P/E ratio of about 22.66.Price to Earnings Growth RatioWestlake Chemical Partners has a PEG Ratio of 0.80. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioWestlake Chemical Partners has a P/B Ratio of 0.93. 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. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted0.40% 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 6.93.Change versus previous monthShort interest in Westlake Chemical Partners has recently increased by 3.50%, indicating that investor sentiment is decreasing. Dividend1.7 / 5Dividend StrengthWeak Dividend LeadershipWestlake Chemical Partners is a leading dividend payer. It pays a dividend yield of 9.03%, 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 115.34%. 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 110.59% 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 and Social Media1.3 / 5News Sentiment0.00 News Coverage This WeekMarketBeat has tracked 2 news articles for Westlake Chemical Partners this week, compared to 1 article on an average week.Search Interest1 people have searched for WLKP on MarketBeat in the last 30 days. MarketBeat Follows1 people have added Westlake Chemical Partners to their MarketBeat watchlist in the last 30 days. Company Ownership0.8 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Westlake Chemical Partners insiders have not sold or bought any company stock.Percentage Held by Insiders1.10% 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. 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. Submit View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. 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WLKP Stock News HeadlinesWestlake Chemical Partners Announce Third Quarter 2026 Conference CallOctober 21 at 8:00 AM | globenewswire.comWestlake Chemical Partners LP Common Units (WLKP) Presents at Citi's 2026 Natural Resources Conference - SlideshowAugust 12, 2026 | seekingalpha.comYou haven't downloaded this yetBill Poulos's Top 10 Stocks to Buy This Quarter report is still available free, but not for long. Every quarter he swaps in a brand-new list, and once the new edition launches, this one disappears. Investors who want a current snapshot of his picks should grab a copy now and save it before the switch happens.October 24 at 1:00 AM | Profits Run (Ad)Westlake Chemical Partners LP Earnings Call HighlightsAugust 12, 2026 | theglobeandmail.comWestlake Chemical Partners outlines revolver extension through 2031 while keeping 2026 turnaround plans unchangedAugust 5, 2026 | seekingalpha.comWestlake Chemical Partners misses revenue expectations in second quarterAugust 4, 2026 | msn.comWestlake Chemical Partners Q2 2026 earnings previewAugust 4, 2026 | msn.comWestlake Chemical Partners LP Announces Second Quarter 2026 ResultsAugust 4, 2026 | markets.businessinsider.comSee More Headlines WLKP Stock Analysis - Frequently Asked Questions How have WLKP shares performed this year? Westlake Chemical Partners' stock was trading at $18.9950 on January 1st, 2026. Since then, WLKP shares have increased by 11.3% and is now trading at $21.14. How were Westlake Chemical Partners' earnings last quarter? Westlake Chemical Partners LP (NYSE:WLKP) released its quarterly earnings results on Tuesday, August, 4th. The basic materials company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.41 by $0.01. The basic materials company had revenue of $297.10 million for the quarter, compared to analysts' expectations of $537 million. Westlake Chemical Partners had a trailing twelve-month return on equity of 7.25% and a net margin of 4.66%. Read the conference call transcript. Does Westlake Chemical Partners have any subsidiaries? The following companies are subsidiaries of Westlake Chemical Partners: Hexion - Epoxy Business, Dimex, Nakan, Axiall Corporation, Vinnolit Holdings, CertainTeed Corporation, Axiall Canada Inc., and more. When did Westlake Chemical Partners IPO? 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. Who are Westlake Chemical Partners' major shareholders? Westlake Chemical Partners' top institutional investors include Samalin Investment Counsel LLC (0.11%). Insiders that own company stock include Jean-Marc Gilson and James Chao. 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. 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), Verizon Communications (VZ), Energy Transfer (ET), Mplx (MPLX), AbbVie (ABBV) and Kinder Morgan (KMI). Company Calendar Last Earnings8/04/2026Record date for 8/28 Dividend8/13/2026Ex-Dividend for 8/28 Dividend8/13/2026Dividend Payable8/28/2026Today10/24/2026Next Earnings (Estimated)11/04/2026Fiscal Year End12/31/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Green Zone (1d) 1-Year History Oct 25 Jan 26 Apr 26 Jul 26 Oct 26 WLKP's financial health is in the Green zone, according to TradeSmith. Industry, Sector and Symbol Stock ExchangeNYSE SectorMaterials Industry Chemicals Sub-IndustryCommodity Chemicals Current SymbolNYSE:WLKP CIK1604665 Webwww.wlkpartners.com Phone(713) 585-2900FaxN/AEmployees150Year Founded1986Price Target and Rating Average Price Target for Westlake Chemical Partners$26.00 High Price Target$26.00 Low Price Target$26.00 Potential Upside/Downside+23.0%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Trailing Twelve Months)$1.63 Trailing P/E Ratio12.97 Forward P/E Ratio14.09 P/E Growth0.8Net Income$48.70 million Net Margins4.66% Pretax Margin27.14% Return on Equity7.25% Return on Assets4.63% Debt Debt-to-Equity Ratio0.52 Current Ratio3.44 Quick Ratio3.36 Sales & Book Value Annual Sales$1.23 billion Price / Sales0.60 Cash Flow$5.06 per share Price / Cash Flow4.18 Book Value$22.76 per share Price / Book0.93Miscellaneous Outstanding Shares35,246,000Free Float34,858,000Market Cap$745.10 million OptionableOptionable Beta0.52 Social Links The Infrastructure's Backbone: 10 Stocks Powering the AI BuildoutThe AI boom extends far beyond the biggest tech names. Discover 10 companies supplying the memory, storage, networking, semiconductor manufacturing, and power infrastructure that make AI possible. Learn where the next wave of AI investment opportunities may emerge—and the key risks investors should watch as the global AI buildout accelerates.Get This Free Report This page (NYSE:WLKP) was last updated on 10/23/2026 by MarketBeat.com Staff. From Our PartnersFinancial legend: “This is bad, really bad...”Dr. Martin D. 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