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Westlake Chemical Partners LP

WLKP
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18.950USD
0.000
Close 10/30, 16:00ETQuotes delayed by 15 min
667.77MMarket Cap
12.69P/E TTM

Westlake Chemical Partners LP

18.950
0.000
Intraday
1m
30m
1h
D
W
M
D

Today

0.00%

5 Days

-1.97%

1 Month

-9.72%

6 Months

-18.98%

Year to Date

-18.11%

1 Year

-16.04%

View Detailed Chart

Key Insights

The company's fundamentals are relatively very healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite a weak stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Westlake Chemical Partners LP's Score

Industry at a Glance

Industry Ranking
18 / 70
Overall Ranking
143 / 4621
Industry
Chemicals

Support & Resistance

No Data

Score Analysis

Current score
Previous score

Analyst Rating

Based on 2 analysts
Buy
Current Rating
25.500
Target Price
+34.56%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Westlake Chemical Partners LP Highlights

StrengthsRisks
Westlake Chemical Partners LP is a limited partnership formed by Westlake Corporation to operate, acquire, and develop ethylene production facilities and other qualified assets. The Company’s business and operations are conducted through Westlake Chemical OpCo LP (OpCo). OpCos assets consist of three ethylene production facilities in Calvert City, Kentucky, and Lake Charles, Louisiana, and an ethylene pipeline. The ethylene production facilities primarily convert ethane into ethylene and have an aggregate annual capacity of approximately 3.7 billion pounds, and a 200-mile ethylene pipeline. It owns two ethylene production facilities at Westlake's Lake Charles, Louisiana site (Petro 1 and Petro 2, collectively Lake Charles Olefins), with an annual combined capacity of approximately 3.0 billion pounds. The Company owns one ethylene production facility at Westlake's Calvert City, Kentucky site (Calvert City Olefins), with an annual capacity of approximately 730 million pounds.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 106.48%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 106.48%.
Undervalued
The company’s latest PB is 2.54, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 10.32M shares, decreasing 15.05% quarter-over-quarter.

News

More news coming soon, stay tuned...

Financial Indicators

EPS

No Data

Total revenue

No Data

Westlake Chemical Partners LP Info

Westlake Chemical Partners LP is a limited partnership formed by Westlake Corporation to operate, acquire, and develop ethylene production facilities and other qualified assets. The Company’s business and operations are conducted through Westlake Chemical OpCo LP (OpCo). OpCos assets consist of three ethylene production facilities in Calvert City, Kentucky, and Lake Charles, Louisiana, and an ethylene pipeline. The ethylene production facilities primarily convert ethane into ethylene and have an aggregate annual capacity of approximately 3.7 billion pounds, and a 200-mile ethylene pipeline. It owns two ethylene production facilities at Westlake's Lake Charles, Louisiana site (Petro 1 and Petro 2, collectively Lake Charles Olefins), with an annual combined capacity of approximately 3.0 billion pounds. The Company owns one ethylene production facility at Westlake's Calvert City, Kentucky site (Calvert City Olefins), with an annual capacity of approximately 730 million pounds.
Ticker SymbolWLKP
CompanyWestlake Chemical Partners LP
CEOMr. Jean-Marc Gilson
Websitehttps://wlkpartners.com/
KeyAI