Westlake Chemical Partners LP (WLKP)
| Market Cap | 804.31M |
| Revenue (ttm) | 1.17B |
| Net Income (ttm) | 48.70M |
| Shares Out | 35.25M |
| EPS (ttm) | 1.38 |
| PE Ratio | 16.51 |
| Forward PE | 12.12 |
| Dividend | $1.89 (8.37%) |
| Ex-Dividend Date | Feb 6, 2026 |
| Volume | 24,858 |
| Open | 22.69 |
| Previous Close | 22.53 |
| Day's Range | 22.68 - 22.91 |
| 52-Week Range | 17.75 - 23.80 |
| Beta | 0.55 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | May 5, 2026 |
About WLKP
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. [Read more]
Financial Performance
In 2025, WLKP's revenue was $1.17 billion, an increase of 2.71% compared to the previous year's $1.14 billion. Earnings were $48.70 million, a decrease of -21.95%.
Financial StatementsNews
Westlake Chemical Partners Announce First Quarter 2026 Conference Call
HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners (NYSE: WLKP) will release its first quarter 2026 earnings prior to the market opening on Tuesday, May 5, 2026. The company will host a conference c...
Westlake Chemical Partners Appoints Jonathan H. Baksht as Senior Vice President and Chief Financial Officer
HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") announced today that Mr. Jonathan H. Baksht will be joining the Partnership as Senior Vice President and Chief ...
Westlake Chemical Partners LP Filed Annual Report
HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") announced that it filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 with the Sec...
Westlake Chemical Partners LP Earnings Call Transcript: Q4 2025
Full year 2025 saw stable earnings and cash flows, despite a planned turnaround that reduced net income and coverage ratios. No turnarounds are planned for 2026, with distributable cash flow and coverage expected to recover above historical levels.
Westlake Chemical Partners LP Announces Fourth Quarter and Full Year 2025 Results
HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the fourth quarter of 2025 of $14.5 million, or $0...
Westlake Chemical Partners Announce Fourth Quarter and Full Year Earnings for 2025 Conference Call
HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners (NYSE: WLKP) will release its fourth quarter and full year 2025 earnings prior to the market opening on Tuesday, February 24, 2026. The company wil...
Westlake Chemical Partners LP Announces Fourth Quarter 2025 Distribution
HOUSTON--(BUSINESS WIRE)--The Board of Directors of Westlake Chemical Partners GP LLC, the general partner of Westlake Chemical Partners LP (the "Partnership") (NYSE:WLKP), has declared a distribution...
Westlake Chemical Partners LP Earnings Call Transcript: Q3 2025
Net income for Q3 2025 was $15 million, with lower year-over-year distributable cash flow due to higher maintenance spending. The ethylene sales agreement was renewed through 2027, supporting stable distributions despite ongoing global industry softness.
Westlake Chemical Partners LP Announces Third Quarter 2025 Results
HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the third quarter of 2025 of $14.7 million, or $0....
Westlake Chemical Partners Announces Renewal of Ethylene Sales Agreement
HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the “Partnership”) announced that Westlake Chemical OpCo LP (“OpCo”) and Westlake Corporation (“Westlake”) agreed to renew the Eth...
Westlake Chemical Partners LP Announces Third Quarter 2025 Distribution
HOUSTON--(BUSINESS WIRE)--The Board of Directors of Westlake Chemical Partners GP LLC, the general partner of Westlake Chemical Partners LP (the "Partnership") (NYSE:WLKP), has declared a distribution...
Westlake Chemical Partners Announce Third Quarter 2025 Earnings Conference Call
HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners (NYSE: WLKP) will release its third quarter 2025 earnings prior to the market opening on Thursday, October 30, 2025. The company will host a confer...
Westlake Chemical Partners LP Earnings Call Transcript: Q2 2025
Second quarter 2025 net income was $15 million, with stable cash flows supported by a fixed margin ethylene sales agreement. The successful Petro-1 turnaround and strong leverage metrics position the partnership for continued reliable distributions despite a soft global market.
Westlake Chemical Partners LP Announces Second Quarter 2025 Results
HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the second quarter of 2025 of $14.6 million, or $0...
Westlake Chemical Partners LP Announces Second Quarter 2025 Distribution
HOUSTON--(BUSINESS WIRE)--The Board of Directors of Westlake Chemical Partners GP LLC, the general partner of Westlake Chemical Partners LP (the "Partnership") (NYSE:WLKP), has declared a distribution...
Westlake Chemical Partners Announce Second Quarter 2025 Earnings Conference Call
HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners (NYSE: WLKP) will release its second quarter 2025 earnings prior to the market opening on Tuesday, August 5, 2025. The company will host a conferen...
Westlake Chemical Partners LP Earnings Call Transcript: Q1 2025
Q1 2025 net income fell to $5M due to a planned turnaround at Petro One, reducing production and sales. Despite this, stable fee-based cash flows supported the 43rd consecutive quarterly distribution, and no further turnarounds are planned through 2026.
Westlake Chemical Partners LP Announces First Quarter 2025 Results
HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the first quarter of 2025 of $4.9 million, or $0.1...
Westlake Chemical Partners LP Announces First Quarter 2025 Distribution
HOUSTON--(BUSINESS WIRE)--The Board of Directors of Westlake Chemical Partners GP LLC, the general partner of Westlake Chemical Partners LP (the "Partnership") (NYSE:WLKP), has declared a distribution...
Westlake Chemical Partners Announce First Quarter 2025 Earnings Conference Call
HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners (NYSE: WLKP) will release its first quarter 2025 earnings prior to the market opening on Friday, May 2, 2025. The company will host a conference ca...
Westlake Chemical Partners LP Earnings Call Transcript: Q4 2024
Full year 2024 net income rose to $62 million, with stable cash flows and 42 consecutive quarterly distributions. A planned 2025 turnaround will temporarily impact coverage, but favorable ethylene market conditions are expected to support future performance.
Westlake Chemical Partners LP Announces Fourth Quarter and Full Year 2024 Results
HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the fourth quarter of 2024 of $15.0 million, or $0...
Westlake Chemical Partners Announce Fourth Quarter and Full Year 2024 Earnings Conference Call
HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners (NYSE: WLKP) will release its fourth quarter and full year 2024 earnings prior to the market opening on Monday, February 24, 2025. The company will...
Westlake Chemical Partners LP Announces Fourth Quarter 2024 Distribution
HOUSTON--(BUSINESS WIRE)--The Board of Directors of Westlake Chemical Partners GP LLC, the general partner of Westlake Chemical Partners LP (the "Partnership") (NYSE:WLKP), has declared a distribution...
Westlake Chemical Partners LP Earnings Call Transcript: Q3 2024
Q3 2024 net income rose to $18M, driven by higher ethylene prices and strategic sales timing. Distributable cash flow reached its highest since 2022, and a planned turnaround was deferred to Q1 2025 to capitalize on strong market conditions.