Symbols / WLKP Stock $22.46 +0.00% Westlake Chemical Partners LP

Basic Materials • Chemicals • United States • NYQ
WLKP (Stock) Chart
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About

Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. It's ethylene production facilities which primarily convert ethane into ethylene. The company also sells ethylene co-products, such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on either a spot or contract basis. It serves as the general partner of the company. Westlake Chemical Partners LP was founded in 1991 and is headquartered in Houston, Texas.

Stock Fundamentals
Scroll to Statements
Market Cap 791.62M Enterprise Value 1.45B Income 48.70M Sales 1.17B Book/sh 14.22 Cash/sh 1.26
Dividend Yield — Payout — Employees — IPO — P/E 16.28 Forward P/E 12.10
PEG — P/S 0.68 P/B 1.58 P/C — EV/EBITDA 3.24 EV/Sales 1.24
Quick Ratio 2.73 Current Ratio 2.80 Debt/Eq 49.81 LT Debt/Eq — EPS (ttm) 1.38 EPS next Y 1.86
EPS Growth -4.70% Revenue Growth 11.40% Earnings 2026-05-05 ROA 15.70% ROE 36.60% ROIC —
Gross Margin 29.82% Oper. Margin 27.79% Profit Margin 4.17% Shs Outstand 35.25M Shs Float 19.25M Short Float 0.56%
Short Ratio 3.25 Short Interest — 52W High 23.80 52W Low 17.75 Beta 0.55 Avg Volume 41.23K
Volume 19.29K Target Price $25.50 Recom None Prev Close $22.46 Price $22.46 Change 0.00%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$25.50
Mean price target
2. Current target
$22.46
Latest analyst target
3. DCF / Fair value
$160.46
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$22.46
Low
$23.00
High
$28.00
Mean
$25.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2023-05-22 main Deutsche Bank Buy → Buy $27
2023-02-23 main Deutsche Bank Buy → Buy $28
2022-11-18 main Deutsche Bank — → Buy $29
2022-05-16 main Deutsche Bank — → Buy $30
2022-05-09 main Barclays — → Overweight $32
2022-03-02 main Deutsche Bank — → Buy $31
2021-05-05 main Deutsche Bank Buy → Buy $30
2021-03-18 down UBS Buy → Neutral $25
2021-02-24 main Deutsche Bank Buy → Buy $26
2020-08-20 up Tudor Pickering Sell → Hold $21
2020-05-05 main Deutsche Bank — → Buy $22
2020-05-05 main Citigroup — → Neutral $19
2019-10-09 down Citigroup Buy → Neutral $23
2019-09-13 up Barclays Equal-Weight → Overweight $27
2018-06-21 init Bernstein — → Market Perform —
2018-03-02 main UBS Buy → Buy $29
2017-12-20 init Barclays — → Equal-Weight $26
2017-12-05 init Citigroup — → Buy $26
2016-09-09 init FBR Capital — → Outperform $28
2016-02-25 main Deutsche Bank — → Buy $22
News
RSS: Latest WLKP news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2025-08-28 GILSON JEAN-MARC Chief Executive Officer — 2,320 $22.84 $53,186
2025-08-27 GILSON JEAN-MARC Chief Executive Officer — 95 $21.25 $2,025
2025-08-21 GILSON JEAN-MARC Chief Executive Officer — 7,461 $21.84 $163,637
2025-08-07 FINLEY GEORGE STEPHEN Director — 4,882 — —
2025-08-07 WOELFEL RANDY G. Director — 4,882 — —
2025-08-07 FRIEL LISA A Director — 4,882 — —
2025-05-29 CHAO JAMES Y Chairman of the Board — 3,700 $22.10 $81,770
2025-05-28 CHAO JAMES Y Chairman of the Board — 10,208 $22.10 $225,989
2024-08-29 GILSON JEAN-MARC Chief Executive Officer — 1,000 $22.83 $22,830
2024-08-28 GILSON JEAN-MARC Chief Executive Officer — 2,000 $22.84 $45,842
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
1,166.69
+2.71%
1,135.90
-4.61%
1,190.79
-25.26%
1,593.15
Operating Revenue
1,166.69
+2.71%
1,135.90
-4.61%
1,190.79
-25.26%
1,593.15
Cost Of Revenue
818.85
+14.21%
716.96
-10.75%
803.33
-33.92%
1,215.78
Reconciled Cost Of Revenue
818.85
+14.21%
716.96
-10.75%
803.33
-33.92%
1,215.78
Gross Profit
347.85
-16.97%
418.94
+8.12%
387.46
+2.67%
377.37
Operating Expense
28.27
-0.79%
28.50
-4.22%
29.75
+0.25%
29.68
Selling General And Administration
28.27
-0.79%
28.50
-4.22%
29.75
+0.25%
29.68
Total Expenses
847.12
+13.64%
745.45
-10.52%
833.08
-33.11%
1,245.46
Operating Income
319.58
-18.15%
390.44
+9.15%
357.71
+2.88%
347.69
Total Operating Income As Reported
319.58
-18.15%
390.44
+9.15%
357.71
+2.88%
347.69
EBITDA
409.04
-15.13%
481.95
+7.95%
446.45
-5.08%
470.33
Normalized EBITDA
409.04
-15.13%
481.95
+7.95%
446.45
-5.08%
470.33
Reconciled Depreciation
87.02
+0.89%
86.25
+2.06%
84.51
-30.20%
121.07
EBIT
322.02
-18.62%
395.69
+9.33%
361.94
+3.63%
349.25
Net Income
48.70
-21.95%
62.39
+14.94%
54.28
-15.41%
64.17
Pretax Income
299.12
-19.15%
369.99
+10.30%
335.44
-0.12%
335.85
Net Non Operating Interest Income Expense
-22.90
+10.90%
-25.70
+3.02%
-26.50
-97.67%
-13.41
Interest Expense Non Operating
22.90
-10.90%
25.70
-3.02%
26.50
+97.67%
13.41
Net Interest Income
-22.90
+10.90%
-25.70
+3.02%
-26.50
-97.67%
-13.41
Interest Expense
22.90
-10.90%
25.70
-3.02%
26.50
+97.67%
13.41
Other Income Expense
2.44
-53.44%
5.25
+24.08%
4.23
+170.24%
1.57
Other Non Operating Income Expenses
2.44
-53.44%
5.25
+24.08%
4.23
+170.24%
1.57
Tax Provision
0.55
-34.49%
0.83
+2.71%
0.81
-20.06%
1.02
Tax Rate For Calcs
0.00
-11.39%
0.00
-6.89%
0.00
-19.95%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
298.58
-19.12%
369.16
+10.32%
334.63
-0.06%
334.83
Net Income From Continuing Operation Net Minority Interest
48.70
-21.95%
62.39
+14.94%
54.28
-15.41%
64.17
Net Income From Continuing And Discontinued Operation
48.70
-21.95%
62.39
+14.94%
54.28
-15.41%
64.17
Net Income Continuous Operations
298.58
-19.12%
369.16
+10.32%
334.63
-0.06%
334.83
Minority Interests
-249.88
+18.54%
-306.77
-9.43%
-280.34
-3.58%
-270.66
Normalized Income
48.70
-21.95%
62.39
+14.94%
54.28
-15.41%
64.17
Net Income Common Stockholders
48.70
-21.95%
62.39
+14.94%
54.28
-15.41%
64.17
Diluted EPS
1.38
-22.03%
1.77
+14.94%
1.54
-15.38%
1.82
Basic EPS
1.38
-22.03%
1.77
+14.94%
1.54
-15.38%
1.82
Basic Average Shares
35.24
-0.02%
35.25
+0.00%
35.25
-0.03%
35.26
Diluted Average Shares
35.24
-0.02%
35.25
+0.00%
35.25
-0.03%
35.26
Diluted NI Availto Com Stockholders
48.70
-21.95%
62.39
+14.94%
54.28
-15.41%
64.17
Line Item Trend 2023-12-31
Total Assets
1,316.84
Current Assets
226.20
Cash Cash Equivalents And Short Term Investments
58.62
Cash And Cash Equivalents
58.62
Receivables
162.71
Accounts Receivable
15.34
Gross Accounts Receivable
15.62
Allowance For Doubtful Accounts Receivable
-0.28
Other Receivables
3.36
Inventory
4.43
Raw Materials
0.28
Finished Goods
4.15
Prepaid Assets
—
Other Current Assets
0.44
Total Non Current Assets
1,090.64
Net PPE
943.84
Gross PPE
2,104.88
Accumulated Depreciation
-1,161.03
Properties
0.00
Buildings And Improvements
18.62
Machinery Furniture Equipment
1,936.30
Construction In Progress
37.75
Other Properties
112.21
Goodwill And Other Intangible Assets
5.81
Goodwill
5.81
Non Current Deferred Assets
133.18
Other Non Current Assets
7.81
Total Liabilities Net Minority Interest
460.59
Current Liabilities
56.34
Payables And Accrued Expenses
56.34
Payables
31.36
Accounts Payable
31.36
Current Accrued Expenses
24.98
Total Tax Payable
3.03
Other Current Liabilities
5.47
Total Non Current Liabilities Net Minority Interest
404.26
Long Term Debt And Capital Lease Obligation
399.67
Long Term Debt
399.67
Non Current Deferred Liabilities
1.63
Non Current Deferred Taxes Liabilities
1.63
Other Non Current Liabilities
2.95
Stockholders Equity
0.00
Common Stock Equity
279.93
Share Issued
35.23
Ordinary Shares Number
35.23
Treasury Shares Number
0.00
Minority Interest
576.32
Total Equity Gross Minority Interest
856.25
Total Capitalization
679.61
Working Capital
169.87
Invested Capital
679.61
Total Debt
399.67
Net Debt
341.06
Net Tangible Assets
-5.81
Tangible Book Value
274.12
Duefrom Related Parties Current
144.01
General Partnership Capital
-242.57
Interest Payable
6.67
Limited Partnership Capital
522.51
Total Partnership Capital
279.93
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
280.47
-42.17%
485.00
+7.30%
452.00
-2.53%
463.74
Cash Flow From Continuing Operating Activities
280.47
-42.17%
485.00
+7.30%
452.00
-2.53%
463.74
Net Income From Continuing Operations
298.58
-19.12%
369.16
+10.32%
334.63
-0.06%
334.83
Depreciation Amortization Depletion
87.02
+0.89%
86.25
+2.06%
84.51
-30.20%
121.07
Depreciation
87.02
+0.89%
86.25
+2.06%
84.51
—
Depreciation And Amortization
87.02
+0.89%
86.25
+2.06%
84.51
-30.20%
121.07
Other Non Cash Items
40.95
+60.81%
25.46
-0.78%
25.66
+7109.27%
0.36
Operating Gains Losses
2.75
+17.44%
2.35
-52.46%
4.93
+4.80%
4.71
Gain Loss On Sale Of PPE
2.75
+17.44%
2.35
-52.46%
4.93
+4.80%
4.71
Change In Working Capital
-148.83
-8461.12%
1.78
-21.38%
2.26
-18.27%
2.77
Change In Receivables
-29.55
-189.67%
32.96
+14.98%
28.66
-52.04%
59.76
Changes In Account Receivables
-29.55
-189.67%
32.96
+14.98%
28.66
-52.04%
59.76
Change In Inventory
1.29
+244.65%
0.37
+32.16%
0.28
-93.23%
4.18
Change In Prepaid Assets
0.04
+2000.00%
-0.00
+98.54%
-0.14
-250.55%
0.09
Change In Payables And Accrued Expense
4.56
+153.58%
-8.51
-252.17%
5.59
+110.26%
-54.53
Change In Accrued Expense
6.92
+218.79%
-5.82
-244.59%
4.03
+110.73%
-37.53
Change In Payable
-2.35
+12.63%
-2.69
-271.64%
1.57
+109.23%
-17.00
Change In Account Payable
-2.35
+12.63%
-2.69
-271.64%
1.57
+109.23%
-17.00
Change In Other Working Capital
-125.16
-443.33%
-23.04
+28.33%
-32.14
-377.42%
-6.73
Investing Cash Flow
31.18
+135.05%
-88.97
-17.16%
-75.94
-532.70%
-12.00
Cash Flow From Continuing Investing Activities
31.18
+135.05%
-88.97
-17.16%
-75.94
-532.70%
-12.00
Net PPE Purchase And Sale
-78.82
-60.95%
-48.97
-4.59%
-46.82
+13.48%
-54.12
Purchase Of PPE
-78.82
-60.95%
-48.97
-4.59%
-46.82
+13.48%
-54.12
Capital Expenditure
-78.82
-60.95%
-48.97
-4.59%
-46.82
+13.48%
-54.12
Net Investment Purchase And Sale
110.00
+375.00%
-40.00
-37.38%
-29.12
-169.13%
42.12
Purchase Of Investment
-10.00
+75.00%
-40.00
+77.03%
-174.12
+45.57%
-319.88
Sale Of Investment
120.00
0.00
-100.00%
145.00
-59.94%
362.00
Net Other Investing Changes
—
—
—
—
Financing Cash Flow
-325.70
+17.82%
-396.33
-3.69%
-382.23
+5.39%
-404.01
Cash Flow From Continuing Financing Activities
-325.70
+17.82%
-396.33
-3.69%
-382.23
+5.39%
-404.01
Net Issuance Payments Of Debt
0.00
0.00
0.00
0.00
Issuance Of Debt
173.50
-20.78%
219.00
+4.66%
209.25
+553.91%
32.00
Repayment Of Debt
-173.50
+20.78%
-219.00
-4.66%
-209.25
-553.91%
-32.00
Long Term Debt Issuance
173.50
-20.78%
219.00
+4.66%
209.25
+553.91%
32.00
Long Term Debt Payments
-173.50
+20.78%
-219.00
-4.66%
-209.25
-553.91%
-32.00
Net Long Term Debt Issuance
0.00
0.00
0.00
0.00
Net Common Stock Issuance
—
—
—
—
Common Stock Dividend Paid
-66.45
-0.03%
-66.44
-0.02%
-66.42
-0.01%
-66.41
Cash Dividends Paid
-66.45
-0.03%
-66.44
-0.02%
-66.42
-0.01%
-66.41
Net Other Financing Charges
-259.25
+21.42%
-329.90
-4.46%
-315.81
+6.46%
-337.60
Changes In Cash
-14.05
-4535.97%
-0.30
+95.08%
-6.16
-112.91%
47.73
Beginning Cash Position
58.32
-0.52%
58.62
-9.51%
64.78
+279.80%
17.06
End Cash Position
44.27
-24.09%
58.32
-0.52%
58.62
-9.51%
64.78
Free Cash Flow
201.65
-53.75%
436.03
+7.61%
405.18
-1.08%
409.62
Interest Paid Supplemental Data
—
26.53
+8.11%
24.54
+126.15%
10.85
Income Tax Paid Supplemental Data
—
0.83
+0.48%
0.83
+21.08%
0.68
Common Stock Issuance
—
—
—
—
Issuance Of Capital Stock
—
—
—
—
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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