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Westlake Chemical Partners (WLKP) Competitors

Westlake Chemical Partners logo
$23.54 -0.09 (-0.38%)
(As of 12/17/2024 ET)

WLKP vs. MEOH, CC, PCT, PRM, BAK, NGVT, TROX, UAN, ECVT, and ASIX

Should you be buying Westlake Chemical Partners stock or one of its competitors? The main competitors of Westlake Chemical Partners include Methanex (MEOH), Chemours (CC), PureCycle Technologies (PCT), Perimeter Solutions (PRM), Braskem (BAK), Ingevity (NGVT), Tronox (TROX), CVR Partners (UAN), Ecovyst (ECVT), and AdvanSix (ASIX). These companies are all part of the "chemicals" industry.

Westlake Chemical Partners vs.

Methanex (NASDAQ:MEOH) and Westlake Chemical Partners (NYSE:WLKP) are both basic materials companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, community ranking, media sentiment, valuation, profitability, risk, analyst recommendations, dividends and institutional ownership.

Methanex pays an annual dividend of $0.74 per share and has a dividend yield of 1.6%. Westlake Chemical Partners pays an annual dividend of $1.88 per share and has a dividend yield of 8.0%. Methanex pays out 34.6% of its earnings in the form of a dividend. Westlake Chemical Partners pays out 107.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Methanex has higher revenue and earnings than Westlake Chemical Partners. Westlake Chemical Partners is trading at a lower price-to-earnings ratio than Methanex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Methanex$3.69B0.86$174.14M$2.1422.02
Westlake Chemical Partners$1.14B0.73$54.28M$1.7513.45

Methanex currently has a consensus price target of $57.25, suggesting a potential upside of 21.50%. Given Methanex's higher possible upside, equities research analysts plainly believe Methanex is more favorable than Westlake Chemical Partners.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Methanex
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.88
Westlake Chemical Partners
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
4.00

Westlake Chemical Partners has a net margin of 5.40% compared to Methanex's net margin of 4.12%. Methanex's return on equity of 9.04% beat Westlake Chemical Partners' return on equity.

Company Net Margins Return on Equity Return on Assets
Methanex4.12% 9.04% 3.16%
Westlake Chemical Partners 5.40%7.31%4.75%

Methanex received 489 more outperform votes than Westlake Chemical Partners when rated by MarketBeat users. However, 67.15% of users gave Westlake Chemical Partners an outperform vote while only 63.92% of users gave Methanex an outperform vote.

CompanyUnderperformOutperform
MethanexOutperform Votes
767
63.92%
Underperform Votes
433
36.08%
Westlake Chemical PartnersOutperform Votes
278
67.15%
Underperform Votes
136
32.85%

In the previous week, Methanex had 4 more articles in the media than Westlake Chemical Partners. MarketBeat recorded 5 mentions for Methanex and 1 mentions for Westlake Chemical Partners. Methanex's average media sentiment score of 0.88 beat Westlake Chemical Partners' score of 0.00 indicating that Methanex is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Methanex
2 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Westlake Chemical Partners
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Methanex has a beta of 1.4, meaning that its share price is 40% more volatile than the S&P 500. Comparatively, Westlake Chemical Partners has a beta of 1.11, meaning that its share price is 11% more volatile than the S&P 500.

73.5% of Methanex shares are owned by institutional investors. Comparatively, 78.3% of Westlake Chemical Partners shares are owned by institutional investors. 1.0% of Methanex shares are owned by insiders. Comparatively, 1.1% of Westlake Chemical Partners shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Summary

Methanex beats Westlake Chemical Partners on 13 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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WLKP vs. The Competition

MetricWestlake Chemical PartnersIndustrial organic chemicals IndustryMaterials SectorNYSE Exchange
Market Cap$829.53M$2.67B$2.74B$19.67B
Dividend Yield7.86%3.47%5.25%3.51%
P/E Ratio13.4515.66118.2543.76
Price / Sales0.73687.02806,129.5017.39
Price / Cash5.1329.9123.4521.73
Price / Book0.971.573.385.46
Net Income$54.28M$8.51M$150.39M$987.68M
7 Day Performance-2.61%-3.62%-2.74%-2.32%
1 Month Performance4.30%-3.05%4.98%0.63%
1 Year Performance5.18%-16.32%20.37%16.39%

Westlake Chemical Partners Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WLKP
Westlake Chemical Partners
3.1357 of 5 stars
$23.54
-0.4%
N/A+5.3%$829.53M$1.14B13.45150News Coverage
MEOH
Methanex
4.3786 of 5 stars
$46.18
+1.0%
$57.25
+24.0%
+2.1%$3.11B$3.69B21.361,451Positive News
CC
Chemours
4.1943 of 5 stars
$18.95
-0.5%
$24.88
+31.3%
-40.2%$2.83B$6.03B38.086,200Positive News
Gap Up
PCT
PureCycle Technologies
0.5595 of 5 stars
$11.98
+2.0%
$10.60
-11.5%
+135.5%$2.08BN/A-7.83146News Coverage
PRM
Perimeter Solutions
2.6064 of 5 stars
$12.98
+1.2%
$14.50
+11.7%
+196.6%$1.90B$322.11M0.00240Positive News
BAK
Braskem
2.8239 of 5 stars
$4.17
-2.3%
$9.75
+133.8%
-39.3%$1.88B$74.95B-1.208,310
NGVT
Ingevity
3.1913 of 5 stars
$45.52
-0.7%
$52.17
+14.6%
-5.2%$1.65B$1.48B-2.931,700
TROX
Tronox
4.2356 of 5 stars
$10.46
-1.5%
$18.00
+72.1%
-25.5%$1.65B$2.85B-22.126,500Positive News
UAN
CVR Partners
2.4341 of 5 stars
$75.00
-0.2%
N/A+11.4%$1.28B$527.39M15.12310Analyst Downgrade
Insider Trade
News Coverage
Positive News
ECVT
Ecovyst
4.3924 of 5 stars
$7.59
+1.5%
$10.75
+41.6%
-21.7%$884.31M$691.10M16.26880Short Interest ↓
Positive News
ASIX
AdvanSix
4.7298 of 5 stars
$30.52
-1.4%
$39.50
+29.4%
+2.6%$815.80M$1.53B21.701,450Short Interest ↑

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This page (NYSE:WLKP) was last updated on 12/18/2024 by MarketBeat.com Staff
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