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WLKP Stock Chart & Stats
$21.63
-$0.13(-0.59%)
At close: 4:00 PM EDT
$21.63
-$0.13(-0.59%)
Day’s Range― - ―
52-Week Range$17.75 - $23.88
Previous Close$21.9
Volume14.99K
Average Volume (3M)27.81K
Market Cap
$750.03M
Enterprise Value$1.41K
Total Cash (Recent Filing)$49.32M
Total Debt (Recent Filing)$399.67M
Price to Earnings (P/E)13.1
Beta0.16
Next Earnings
Oct 29, 2026EPS Estimate
0.3Next Dividend Ex-DateN/A
Dividend Yield8.84%
Share Statistics
EPS (TTM)1.63
Shares Outstanding35,245,880
10 Day Avg. Volume20,545
30 Day Avg. Volume27,809
Financial Highlights & Ratios
PEG Ratio-0.62
Price to Book (P/B)1.34
Price to Sales (P/S)0.57
P/FCF Ratio3.32
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$26.00Price Target Upside20.20% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)1.5
Revenue Forecast (FY)$1.36B
Bulls Say, Bears Say
Bulls Say
Contracted Margin ProtectionThe fixed-margin agreement covering most production reduces exposure to ethylene price swings and improves cash-flow predictability. This contractual protection supports operating stability and distribution planning over the next several quarters, even when chemical markets are volatile.
Strong Cash GenerationHigh operating and free cash flow provide internal funding for maintenance needs, debt service, and distributions. Healthy cash conversion strengthens financial resilience and gives WLKP greater flexibility to sustain its partnership model through changing operating conditions.
Financing FlexibilityLonger-dated revolver maturities reduce near-term refinancing pressure and preserve liquidity access for the partnership and OpCo. The improved terms support financial stability, while the extended facilities provide a more durable funding framework for ongoing operations.
Bears Say
Thin Distribution CoverageCoverage only modestly exceeds the distribution, leaving limited protection if production, cash flow, or maintenance spending deteriorates. This narrow cushion can constrain retained capital and make distribution sustainability more sensitive to operational setbacks.
Limited Earnings MomentumStable earnings demonstrate resilience but not meaningful profit expansion. With net income flat and revenue also unchanged in the latest quarter, WLKP may have limited ability to grow distributions or improve coverage without higher volumes, margins, or ownership.
Dependence On WestlakeReliance on the sponsor for commercial arrangements and financing links WLKP’s cash-flow profile to continued Westlake support and contract continuity. This concentration can reduce strategic independence and creates exposure if terms, renewals, or parent priorities change.
Westlake Chemical PRN News
WLKP FAQ
What was Westlake Chemical PRN’s price range in the past 12 months?
Westlake Chemical PRN lowest stock price was $17.75 and its highest was $23.88 in the past 12 months.
What is Westlake Chemical PRN’s market cap?
Westlake Chemical PRN’s market cap is $750.03M.
When is Westlake Chemical PRN’s upcoming earnings report date?
Westlake Chemical PRN’s upcoming earnings report date is Oct 29, 2026 which is in 40 days.
How were Westlake Chemical PRN’s earnings last quarter?
Westlake Chemical PRN released its earnings results on Aug 04, 2026. The company reported $0.4 earnings per share for the quarter, missing the consensus estimate of $0.41 by -$0.01.
Is Westlake Chemical PRN overvalued?
According to Wall Street analysts Westlake Chemical PRN’s price is currently Undervalued.
Does Westlake Chemical PRN pay dividends?
Westlake Chemical PRN pays a Quarterly dividend of $0.471 which represents an annual dividend yield of 8.84%. See more information on Westlake Chemical PRN dividends here
What is Westlake Chemical PRN’s EPS estimate?
Westlake Chemical PRN’s EPS estimate is 0.3.
How many shares outstanding does Westlake Chemical PRN have?
Westlake Chemical PRN has 35,245,880 shares outstanding.
What happened to Westlake Chemical PRN’s price movement after its last earnings report?
Westlake Chemical PRN reported an EPS of $0.4 in its last earnings report, missing expectations of $0.41. Following the earnings report the stock price went up 0.139%.
Which hedge fund is a major shareholder of Westlake Chemical PRN?
Currently, no hedge funds are holding shares in WLKP
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Westlake Chemical PRN Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$26.00 (20.20% Upside)
$26.00 (20.20% Upside)
Blogger Sentiment
Bullish
WLKP Sentiment 100%
Sector Average 66%
Sector Average 66%
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 5.8%
Last 30 Days ▼ 5.8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
8.08%
12-Months-Change
Fundamentals
Return on Equity
8.84%
Trailing 12-Months
Asset Growth
-6.87%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Westlake Chemical PRN
Westlake Chemical Partners LP concentrates on acquiring, developing, and operating facilities dedicated to ethylene production, along with related infrastructure, throughout the United States. These plants primarily function by converting ethane into ethylene. Furthermore, the partnership distributes a range of chemical co-products—such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen—directly to external buyers, conducting these sales through either immediate spot transactions or established contractual agreements. Westlake Chemical Partners GP LLC serves as the entity's general partner. The company was founded in 2014 and its corporate headquarters are located in Houston, Texas.
WLKP Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a largely positive picture of financial and operational stability: steady net income, a meaningful increase in distributable cash flow (+$3M, ~+20% YoY), conservative leverage (~1x), healthy cash balances, extended and improved financing arrangements, and a fixed-margin ethylene agreement that insulates most margins. Key risks noted were thin distribution coverage (quarterly coverage 1.0x; trailing 12-month 1.04x), flat earnings growth, exposure to market volatility from geopolitical events, and reliance on parent support. Overall, the positive items—stability of cash flows, DCF improvement, distribution track record, and stronger financing terms—outweigh the limited operational and market risks.View all WLKP earnings summariesWLKP Stock 12 Month Forecast
Average Price Target
$26.00
▲(20.20% Upside)
Technical Analysis
Ownership Overview
0.20% Insiders
15.64% Mutual Funds
7.94% Other Institutional Investors
70.45% Public Companies and
Individual Investors