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Westlake Chemical Partners LP

WLKP
View Detailed Chart
20.680USD
-0.494-2.34%
Close 02/06, 16:00ETQuotes delayed by 15 min
728.88MMarket Cap
14.82P/E TTM

Westlake Chemical Partners LP

20.680
-0.494-2.34%
Intraday
1m
30m
1h
D
W
M
D

Today

-2.34%

5 Days

-3.63%

1 Month

+4.02%

6 Months

-5.66%

Year to Date

+8.84%

1 Year

-16.95%

View Detailed Chart

Key Insights

Westlake Chemical Partners LP's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 25 out of 69 in the Chemicals industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 28.00.In the medium term, the stock price is expected to trend up.Despite an average stock market performance over the past month, 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
25 / 69
Overall Ranking
137 / 4521
Industry
Chemicals

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Negative

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. Its business and operations are conducted through OpCo. OpCo's assets consist of three ethylene production facilities in Calvert City, Kentucky, and Lake Charles, Louisiana, as well as an ethylene pipeline, which primarily converts ethane into ethylene and has 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%.
Fairly Valued
The company’s latest PB is 2.80, at a medium 3-year percentile range.

Analyst Rating

Based on 1 analysts
Buy
Current Rating
28.000
Target Price
+29.57%
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 News

More news coming soon, stay tuned...

Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

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. Its business and operations are conducted through OpCo. OpCo's assets consist of three ethylene production facilities in Calvert City, Kentucky, and Lake Charles, Louisiana, as well as an ethylene pipeline, which primarily converts ethane into ethylene and has 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
CEOGilson (Jean-Marc)
Websitehttps://wlkpartners.com/
KeyAI