NYSE:WLKP Westlake Chemical Partners (WLKP) Stock Price, News & Analysis $22.26 -0.13 (-0.58%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$22.21▼$22.4150-Day Range$22.26▼$23.5352-Week Range$20.91▼$23.68Volume31,998 shsAverage Volume51,891 shsMarket Capitalization$784.22 millionP/E Ratio14.45Dividend Yield8.49%Price TargetN/A Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Westlake Chemical Partners alerts: Email Address Westlake Chemical Partners MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestBearish0.60% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$369,340 Bought Last QuarterProj. Earnings Growth4.73%From $1.69 to $1.77 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.73 out of 5 starsBasic Materials Sector111th out of 180 stocksIndustrial Organic Chemicals Industry13th out of 19 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Westlake Chemical Partners.Read more about Westlake Chemical Partners' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted0.60% of the float of Westlake Chemical Partners has been sold short.Short Interest Ratio / Days to CoverWestlake Chemical Partners has a short interest ratio ("days to cover") of 4.2.Change versus previous monthShort interest in Westlake Chemical Partners has recently increased by 2.24%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend LeadershipWestlake Chemical Partners is a leading dividend payer. It pays a dividend yield of 8.38%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthWestlake Chemical Partners does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Westlake Chemical Partners is 122.73%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Westlake Chemical Partners will have a dividend payout ratio of 106.78% in the coming year. This indicates that Westlake Chemical Partners may not be able to sustain their current dividend.Read more about Westlake Chemical Partners' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for WLKP. Previous Next 0.0 News and Social Media Coverage Search InterestOnly 5 people have searched for WLKP on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Westlake Chemical Partners to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Westlake Chemical Partners insiders have bought more of their company's stock than they have sold. Specifically, they have bought $369,340.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.10% of the stock of Westlake Chemical Partners is held by insiders.Percentage Held by Institutions78.28% of the stock of Westlake Chemical Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Westlake Chemical Partners' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Westlake Chemical Partners are expected to grow by 4.73% in the coming year, from $1.69 to $1.77 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Westlake Chemical Partners is 14.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Westlake Chemical Partners is 14.45, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 118.10.Price to Book Value per Share RatioWestlake Chemical Partners has a P/B Ratio of 0.94. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Westlake Chemical Partners' valuation and earnings. 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Westlake Chemical Partners LP was founded in 1991 and is headquartered in Houston, Texas.Read More WLKP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WLKP Stock News HeadlinesAugust 29, 2024 | insidertrades.comWestlake Chemical Partners LP (NYSE:WLKP) CEO Jean-Marc Gilson Acquires 500 SharesAugust 15, 2024 | insidertrades.comAndrew Kenner Buys 2,692 Shares of Westlake Chemical Partners LP (NYSE:WLKP) StockSeptember 7, 2024 | True Gold Republic (Ad)China Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… . August 13, 2024 | insidertrades.comWestlake Chemical Partners LP (NYSE:WLKP) SVP Andrew Kenner Buys 12,000 SharesAugust 30, 2024 | americanbankingnews.comJean-Marc Gilson Acquires 500 Shares of Westlake Chemical Partners LP (NYSE:WLKP) StockAugust 30, 2024 | americanbankingnews.comJean-Marc Gilson Buys 500 Shares of Westlake Chemical Partners LP (NYSE:WLKP) StockAugust 28, 2024 | money.usnews.comWestlake Chemical Partners LP - UnitAugust 14, 2024 | benzinga.comSmart Money Move: Andrew Kenner Grabs $60K Worth Of Westlake Chemical StockSeptember 7, 2024 | True Gold Republic (Ad)China Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… . August 12, 2024 | benzinga.comEye On Growth: Andrew Kenner Adds $275K Of Westlake Chemical Stock To PortfolioAugust 7, 2024 | msn.comWestlake Chemical Partners LP (NYSE:WLKP) Q2 2024 Earnings Call TranscriptAugust 7, 2024 | gurufocus.comQ2 2024 Westlake Chemical Partners LP Earnings Call TranscriptAugust 6, 2024 | seekingalpha.comWestlake Chemical Partners LP (WLKP) Q2 2024 Earnings Call TranscriptAugust 6, 2024 | finance.yahoo.comWestlake Chemical Partners LP Announces Second Quarter 2024 ResultsAugust 6, 2024 | markets.businessinsider.comWestlake Chemical Partners LP Bottom Line Climbs In Q2August 6, 2024 | seekingalpha.comWestlake Chemical Partners LP Common Units 2024 Q2 - Results - Earnings Call PresentationAugust 5, 2024 | markets.businessinsider.comWestlake Chemical Partners LP Partnership Units is about to announce earnings — here's what Wall Street expectsAugust 5, 2024 | msn.comWestlake Chemical Partners Q2 2024 Earnings PreviewSee More Headlines Receive WLKP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Westlake Chemical Partners and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/06/2024Ex-Dividend for 8/27 Dividend8/12/2024Dividend Payable8/27/2024Today9/07/2024Next Earnings (Estimated)11/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBasic Materials Industry Industrial organic chemicals Sub-IndustryChemicals Current SymbolNYSE:WLKP CUSIPN/A CIK1604665 Webwww.wlkpartners.com Phone(713) 585-2900FaxN/AEmployees150Year Founded1986Profitability EPS (Most Recent Fiscal Year)$1.54 Trailing P/E Ratio14.45 Forward P/E Ratio13.17 P/E GrowthN/ANet Income$54.28 million Net Margins4.78% Pretax Margin29.17% Return on Equity6.68% Return on Assets4.33% Debt Debt-to-Equity Ratio0.48 Current Ratio4.68 Quick Ratio4.59 Sales & Book Value Annual Sales$1.19 billion Price / Sales0.66 Cash Flow$4.62 per share Price / Cash Flow4.82 Book Value$23.70 per share Price / Book0.94Miscellaneous Outstanding Shares35,230,000Free Float34,840,000Market Cap$784.22 million OptionableOptionable Beta1.11 Social Links 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Albert Yuan Chao (Age 74)President, CEO & Director of Westlake Chemical Partners GP LLC Mr. Mark Steven Bender CPA (Age 67)Executive VP, CFO & Director of Westlake Chemical Partners GP LLC Mr. Johnathan Stevan Zoeller (Age 48)VP & Chief Accounting Officer of Westlake Chemical Partners GP LLC Mr. L. Benjamin Ederington (Age 53)EVP Perf. & Ess. Mat., Gen. Counsel, Chief Admin Off. and Director of Westlake Chem. Partners GP LLC Mr. Andrew F. Kenner (Age 59)Senior VP of Olefin Materials & Corporate Procurement of Westlake Chemical Partners GP LLC Mr. Jeff HolyVP & Treasurer of Westlake Chemical Partners GP LLCMore ExecutivesKey CompetitorsBraskemNYSE:BAKMethanexNASDAQ:MEOHChemoursNYSE:CCArcadium LithiumNYSE:ALTMTronoxNYSE:TROXView All CompetitorsInsiders & InstitutionsJean-Marc GilsonBought 500 shares on 8/28/2024Total: $11,470.00 ($22.94/share)Jean-Marc GilsonBought 500 shares on 8/26/2024Total: $11,420.00 ($22.84/share)Jean-Marc GilsonBought 427 shares on 8/22/2024Total: $9,650.20 ($22.60/share)Texas Capital Bank Wealth Management Services IncSold 10,000 shares on 8/16/2024Ownership: 0.028%Andrew KennerBought 2,692 shares on 8/12/2024Total: $60,919.96 ($22.63/share)View All Insider TransactionsView All Institutional Transactions WLKP Stock Analysis - Frequently Asked Questions How have WLKP shares performed this year? Westlake Chemical Partners' stock was trading at $21.65 at the beginning of the year. Since then, WLKP stock has increased by 2.8% and is now trading at $22.26. View the best growth stocks for 2024 here. How were Westlake Chemical Partners' earnings last quarter? Westlake Chemical Partners LP (NYSE:WLKP) announced its quarterly earnings data on Tuesday, August, 6th. The basic materials company reported $0.41 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.44 by $0.03. The basic materials company had revenue of $284.17 million for the quarter, compared to the consensus estimate of $270.28 million. Westlake Chemical Partners had a net margin of 4.78% and a trailing twelve-month return on equity of 6.68%. Does Westlake Chemical Partners have any subsidiaries? Westlake Chemical Partners subsidiaries include these companies: Hexion - Epoxy Business, Dimex, Nakan, Axiall Corporation, Vinnolit Holdings, CertainTeed Corporation, Axiall Canada Inc., and others. Who are Westlake Chemical Partners' major shareholders? Westlake Chemical Partners' top institutional shareholders include Acadian Asset Management LLC (0.06%), Texas Capital Bank Wealth Management Services Inc (0.03%), Rothschild Investment LLC (0.02%) and International Assets Investment Management LLC. Insiders that own company stock include James Chao and Jean-Marc Gilson. View institutional ownership trends. How do I buy shares of Westlake Chemical Partners? Shares of WLKP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Westlake Chemical Partners own? Based on aggregate information from My MarketBeat watchlists, some other companies that Westlake Chemical Partners investors own include AT&T (T), Enterprise Products Partners (EPD), Energy Transfer (ET), AbbVie (ABBV), International Business Machines (IBM), Verizon Communications (VZ) and Westlake (WLK). This page (NYSE:WLKP) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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