NYSE:WLKP - Westlake Chemical Partners Stock Price, Price Target & More

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

Westlake Chemical Partners announced a quarterly dividend on Tuesday, May 1st. Investors of record on Thursday, May 10th will be given a dividend of $0.3975 per share on Thursday, May 24th. This represents a $1.59 dividend on an annualized basis and a yield of 6.48%. The ex-dividend date is Wednesday, May 9th. This is an increase from Westlake Chemical Partners's previous quarterly dividend of $0.39. View Westlake Chemical Partners' Dividend History.

Westlake Chemical Partners LP (NYSE:WLKP) posted its quarterly earnings results on Thursday, May, 3rd. The basic materials company reported $0.36 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.45 by $0.09. The basic materials company earned $284.30 million during the quarter, compared to analysts' expectations of $362.17 million. Westlake Chemical Partners had a net margin of 4.34% and a return on equity of 5.30%. The company's revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.35 earnings per share. View Westlake Chemical Partners' Earnings History.

Westlake Chemical Partners is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Westlake Chemical Partners.

7 brokers have issued 1 year price objectives for Westlake Chemical Partners' shares. Their predictions range from $25.00 to $29.00. On average, they expect Westlake Chemical Partners' share price to reach $26.30 in the next twelve months. This suggests a possible upside of 7.1% from the stock's current price. View Analyst Ratings for Westlake Chemical Partners.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Westlake Chemical Partners in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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

Media headlines about WLKP stock have been trending somewhat positive this week, according to Accern. Accern ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Westlake Chemical Partners earned a coverage optimism score of 0.11 on Accern's scale. They also gave news coverage about the basic materials company an impact score of 45.17 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

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 $24.55.

Westlake Chemical Partners has a market capitalization of $791.42 million and generates $1.17 billion in revenue each year. The basic materials company earns $48.67 million in net income (profit) each year or $1.72 on an earnings per share basis. Westlake Chemical Partners employs 119 workers across the globe.

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]