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

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$24.55 +0.05 (+0.20 %)
(As of 07/15/2018 02:57 PM ET)
Previous Close$24.55
Today's Range$24.50 - $24.60
52-Week Range$21.10 - $25.65
Volume15,484 shs
Average Volume54,102 shs
Market Capitalization$791.42 million
P/E Ratio14.27
Dividend Yield6.48%
Beta1.05
Westlake Chemical Partners logoWestlake Chemical Partners LP operates, acquires, and develops ethylene production facilities and related assets in the United States. The company operates ethylene production facilities, which primarily convert ethane into ethylene. It also sells ethylene co-products, including propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on a spot or contract basis. Westlake Chemical Partners GP LLC serves as the general partner of the company. The company was founded in 2014 and is headquartered in Houston, Texas.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Industrial organic chemicals
Sub-IndustryN/A
SectorBasic Materials
SymbolNYSE:WLKP
CUSIPN/A
Phone713-585-2900

Debt

Debt-to-Equity Ratio0.49
Current Ratio6.10
Quick Ratio5.96

Price-To-Earnings

Trailing P/E Ratio14.27
Forward P/E Ratio11.86
P/E Growth2.56

Sales & Book Value

Annual Sales$1.17 billion
Price / Sales0.67
Cash Flow$5.0411 per share
Price / Cash4.87
Book Value$30.98 per share
Price / Book0.79

Profitability

EPS (Most Recent Fiscal Year)$1.72
Net Income$48.67 million
Net Margins4.34%
Return on Equity5.30%
Return on Assets3.39%

Miscellaneous

Employees119
Outstanding Shares32,240,000
Market Cap$791.42

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Westlake Chemical Partners (NYSE:WLKP) Frequently Asked Questions

What is Westlake Chemical Partners' stock symbol?

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

How often does Westlake Chemical Partners pay dividends? What is the dividend yield for Westlake Chemical Partners?

Westlake Chemical Partners declared a quarterly dividend on Tuesday, May 1st. Shareholders 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 dividend yield of 6.48%. The ex-dividend date of this dividend is Wednesday, May 9th. This is a positive change from Westlake Chemical Partners's previous quarterly dividend of $0.39. View Westlake Chemical Partners' Dividend History.

How were Westlake Chemical Partners' earnings last quarter?

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

When is Westlake Chemical Partners' next earnings date?

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

What price target have analysts set for WLKP?

7 Wall Street analysts have issued 1 year price objectives for Westlake Chemical Partners' stock. Their forecasts range from $25.00 to $29.00. On average, they anticipate Westlake Chemical Partners' stock price to reach $26.30 in the next year. This suggests a possible upside of 7.1% from the stock's current price. View Analyst Ratings for Westlake Chemical Partners.

What is the consensus analysts' recommendation 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."

Who are some of Westlake Chemical Partners' key competitors?

Who are Westlake Chemical Partners' key executives?

Westlake Chemical Partners' management team includes the folowing people:
  • Mr. Albert Yuan Chao, Pres, CEO & Director of Westlake Chemical Partners GP LLC (Age 68)
  • Mr. Steven Mark Bender CPA, Sr. VP, CFO, Treasurer & Director of Westlake Chemical Partners GP LLC (Age 61)
  • Mr. George J. Mangieri, VP & Chief Accounting Officer of Westlake Chemical Partners GP LLC (Age 67)
  • Mr. L. Benjamin Ederington, VP, Gen. Counsel, Sec. & Director of Westlake Chemical Partners GP LLC (Age 47)
  • Mr. Lawrence E. Teel, Exec. VP, Olefins of Westlake Chemical Partners GP LLC (Age 59)

Has Westlake Chemical Partners been receiving favorable news coverage?

Media headlines about WLKP stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Westlake Chemical Partners earned a media sentiment score of 0.13 on Accern's scale. They also assigned media headlines about the basic materials company an impact score of 46.76 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

How do I buy shares of 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.

What is Westlake Chemical Partners' stock price today?

One share of WLKP stock can currently be purchased for approximately $24.55.

How big of a company is Westlake Chemical Partners?

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.

How can I contact Westlake Chemical Partners?

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]


MarketBeat Community Rating for Westlake Chemical Partners (NYSE WLKP)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  144 (Vote Outperform)
Underperform Votes:  142 (Vote Underperform)
Total Votes:  286
MarketBeat's community ratings are surveys of what our community members think about Westlake Chemical Partners and other stocks. Vote "Outperform" if you believe WLKP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WLKP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/15/2018 by MarketBeat.com Staff

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