Westlake Chemical Partners LP
Westlake Chemical Partners LP
Your view on WLKP
Overview
What the company does, where it operates, and who runs it.
About Westlake Chemical Partners LP
- Industry
- Chemicals
- Sector
- Basic Materials
- CEO
- Jean-Marc Gilson
- Headquarters
- 2801 Post Oak Boulevard, Houston, TX, US
- Industry
- Chemicals
- Sector
- Basic Materials
- CEO
- Jean-Marc Gilson
- Headquarters
- 2801 Post Oak Boulevard, Houston, TX, US
Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. The company's ethylene production facilities primarily convert ethane into ethylene.
It also sells ethylene co-products, including propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on either a spot or contract basis. Westlake Chemical Partners GP LLC serves as the general partner of the company. The company was incorporated in 2014 and is headquartered in Houston, Texas.
Media
Infographics, videos, and posts covering the company.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for Westlake Chemical Partners LP, and the rating behind it. WLKP last traded at $21.52, 13.2× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for Westlake Chemical Partners LP. Starting points for Westlake Chemical Partners LP: P/E 13.2, EPS $1.62, beta 0.51 — an Chemicals name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for Westlake Chemical Partners LP. Westlake Chemical Partners LP paid $1.89 per share over the last year — a 8.8% yield at the current $21.52 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for Westlake Chemical Partners LP. Trailing twelve-month EPS for Westlake Chemical Partners LP stands at $1.62. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for Westlake Chemical Partners LP. Westlake Chemical Partners LP has reported as a listed company since 2014. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Westlake Chemical Partners LP valued side by side against its closest peers. Westlake Chemical Partners LP is measured against Chemicals peers within the Basic Materials sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold Westlake Chemical Partners LP, and how their positions are changing. At a $758.5M market value, institutional positions materially move Westlake Chemical Partners LP's register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by Westlake Chemical Partners LP executives and directors. Shares of Westlake Chemical Partners LP have traded between $17.75 and $25.04 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming Westlake Chemical Partners LP. Westlake Chemical Partners LP is a $758.5M Basic Materials company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming Westlake Chemical Partners LP. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for Westlake Chemical Partners LP. Coverage tracks Westlake Chemical Partners LP within Chemicals (Basic Materials). Press releases and market coverage, newest first.