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

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

Westlake Chemical Partners announced a dividend on Thursday, October 31st. Investors of record on Tuesday, November 12th will be paid a dividend of $0.4646 per share on Tuesday, November 26th. The ex-dividend date of this dividend is Friday, November 8th. This is an increase from Westlake Chemical Partners's previous dividend of $0.34. View Westlake Chemical Partners' Dividend History.

Westlake Chemical Partners LP (NYSE:WLKP) posted its earnings results on Tuesday, November, 5th. The basic materials company reported $0.42 EPS for the quarter, missing the Zacks' consensus estimate of $0.47 by $0.05. The basic materials company had revenue of $249.93 million for the quarter. Westlake Chemical Partners had a return on equity of 5.77% and a net margin of 4.81%. View Westlake Chemical Partners' Earnings History.

Westlake Chemical Partners is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for Westlake Chemical Partners.

2 analysts have issued twelve-month price targets for Westlake Chemical Partners' stock. Their forecasts range from $23.00 to $27.00. On average, they expect Westlake Chemical Partners' share price to reach $25.00 in the next twelve months. This suggests a possible upside of 5.6% from the stock's current price. View Analyst Price Targets for Westlake Chemical Partners.

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

Headlines about WLKP stock have been trending somewhat negative on Monday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Westlake Chemical Partners earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned media headlines about the basic materials company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Westlake Chemical Partners.

Westlake Chemical Partners saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 350,600 shares, an increase of 28.9% from the December 31st total of 272,000 shares. Based on an average daily volume of 80,400 shares, the days-to-cover ratio is currently 4.4 days. Approximately 1.9% of the shares of the company are short sold. View Westlake Chemical Partners' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Westlake Chemical Partners investors own include Energy Transfer LP Unit (ET), AT&T (T), Enterprise Products Partners (EPD), Alliance Resource Partners (ARLP), AbbVie (ABBV), KNOT Offshore Partners (KNOP), Westlake Chemical (WLK), VelocityShares 3x Long Natural Gas ETN (UGAZ), Prospect Capital (PSEC) and Enbridge (ENB).

Westlake Chemical Partners' stock is owned by a number of of retail and institutional investors. Top institutional investors include Duff & Phelps Investment Management Co. (1.41%). Company insiders that own Westlake Chemical Partners stock include Albert Chao, Angela A Minas, David Lumpkins, George J Mangieri, 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 Duff & Phelps Investment Management Co.. 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, Robinhood, Fidelity and Charles Schwab.

One share of WLKP stock can currently be purchased for approximately $23.68.

Westlake Chemical Partners has a market capitalization of $763.68 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]