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 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.

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.

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 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.

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 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.

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]