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Westlake Chemical Partners(NYSE) WLKP

Market Cap$765.89MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2014)+71%
5 Year+21%
1 Year+7%
1 Month-3%
$21.66
-0.32%
-0.07Today
After hours$21.62-$0.04 (-0.19%)
Westlake Chemical Partners last closing stock price
MetricPriceDate
Last closeUSD 21.642026-07-31
Westlake Chemical Partners stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-1.86%USD 22.052026-07-24
1 month-2.92%USD 22.292026-07-01
3 month-3.95%USD 22.532026-05-01
Year to date+18.81%USD 18.212025-12-31
1 year+7.39%USD 20.152025-07-31
3 year+22.19%USD 17.712023-08-01
5 year+21.45%USD 17.822021-07-30
Since inception+70.96%USD 12.712014-07-31

Westlake Chemical Partners Financials at a Glance

Market Cap

$765.89MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$1.23B

Net Income (TTM)

$127.64M

EPS (TTM)

$1.64

P/E Ratio

13.22

Dividend

$1.89

Beta (Volatility)

0.41 (Low)

Price

$21.66

Volume

50,581

Open

$21.91

Previous Close

$21.64

Daily Range

$21.27 - $21.91

52-Week Range

$17.75 - $23.88

Estimated Earnings Date

Aug 4, 2026

WLKP News

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About Westlake Chemical Partners

Westlake Chemical Partners LP focuses on the production, acquisition, and development of ethylene production facilities. Established in 2014, it operates under a master limited partnership structure. The company is part of the larger Westlake Chemical ecosystem, providing it with strategic advantages in the petrochemical sector.

Products and Services

Ethylene production facilities with a capacity of approximately 3.7 billion pounds annually.

A 200-mile ethylene pipeline system in Texas.

Sales of ethylene and co-products like propylene and butadiene.

What Makes Westlake Chemical Partners LP Special

Westlake Chemical Partners LP benefits from long-term ethylene sales agreements with Westlake Chemical Corporation, providing a stable cash flow. Its strategic alignment allows access to advanced technologies and operational efficiencies.

Five Things You Need to Know

Westlake Chemical Corporation holds a significant interest in Westlake Chemical Partners LP.

The company earns revenue primarily from its ethylene production facilities operated through OpCo.

A 95% ethylene production purchase agreement with Westlake secures predictable income.

OpCo sells ethylene co-products to third parties on a spot or contract basis.

Its operations and assets are strategically located in the U.S., supporting Westlake's production facilities.

AI Generated • Apr 16, 2026

Industry

Chemicals

Sector

Materials

Employees

155

CEO

Jean-Marc Gilson, MBA

Headquarters

Houston, TX 77056, US

WLKP Financials

Key Financial Metrics (TTM)

Gross Margin

31.39%

Operating Margin

29.12%

Net Income Margin

10.34%

Return on Equity

25.43%

Return on Capital

35.48%

Return on Assets

10.33%

Earnings Yield

7.56%

Dividend Yield

8.68%

Payout Ratio

52.07%

Stock Overview

Market Cap

$765.89MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

35.25M

Volume

50.58K

Avg. Volume

28.91K

Financials (TTM)

Gross Profit

$387.53M

Operating Income

$359.54M

EBITDA

$466.81M

Operating Cash Flow

$344.89M

Capital Expenditure

-$68.42M

Free Cash Flow

$276.47M

Cash & ST Invst.

$44.29M

Total Debt

$399.67M

Westlake Chemical Partners Performance Analysis

Westlake Chemical Partners annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 1,593,147,00031.1%
20232023-12-31USD 1,190,791,000-25.3%
20242024-12-31USD 1,135,896,000-4.6%
20252025-12-31USD 1,166,695,0002.7%
Westlake Chemical Partners sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-3025.0%
Q32025-09-304.0%
Q42025-12-314.6%
Q12026-03-31-5.4%
Westlake Chemical Partners annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD 1.82-22.3%
20232023-12-31USD 1.54-15.4%
20242024-12-31USD 1.7714.9%
20252025-12-31USD 1.38-22.0%
Westlake Chemical Partners sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-30192.9%
Q32025-09-302.4%
Q42025-12-31469.0%
Q12026-03-31-83.3%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q1 2026YOY CHG

Revenue

$305.68M

+28.6%

Gross Profit

$93.76M

+73.4%

Gross Margin

30.67%

N/A

Market Cap

$765.89MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$353.11K

N/A

Employees

2,169

N/A

Net Income

$14.17M

+186.4%

EBITDA

$120.87M

+159.3%

Quarterly Fundamentals

Name
Q1 2026YOY CHG

Total Cash

$44.29M

-10.7%

Total Debt

$399.67M

+0.0%

Accounts Receivable

$45.08M

-73.9%

Inventory

$3.09M

+13.2%

Long Term Debt

$399.67M

+0.0%

Short Term Debt

$0.00

N/A

Return on Assets

10.33%

N/A

Return on Invested Capital

30.09%

N/A

Free Cash Flow

$104.64M

+250.9%

Operating Cash Flow

$110.20M

+140.7%

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Questions About WLKP

What is the current price of Westlake Chemical Partners?

Westlake Chemical Partners is trading at $21.64 per share.

What is the 52-week range for Westlake Chemical Partners?

Over the past 52 weeks, Westlake Chemical Partners has traded between $17.75 and $23.88.

How much debt does Westlake Chemical Partners have?

As of the most recent reporting period, Westlake Chemical Partners reported total debt of $399.67M.

How much cash does Westlake Chemical Partners have on hand?

Westlake Chemical Partners reported $44.29M in cash and cash equivalents in its most recent financial results.

What is Westlake Chemical Partners’s dividend yield?

Westlake Chemical Partners currently has a dividend yield of 8.68%.

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