WLKP Westlake Chemical Partners LP

  1. Stocks
  2. Basic Materials
  3. NYSE: WLKP

Price (delayed)

$22.36

Market cap

$788.1M

P/E Ratio

13.63

Dividend/share

$1.89

EPS

$1.64

Enterprise value

$1.14B

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Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 68

Westlake Chemical Partners is a limited partnership formed by Westlake Chemical Corporation to operate, acquire and develop ethylene production facilities and other qualified assets. Headquartered in Houston, the Partnership owns ...

Highlights
The quick ratio has surged by 164% year-on-year and by 30% since the previous quarter
WLKP's EPS is up by 19% QoQ and by 11% YoY
The gross margin has declined by 8% year-on-year but it has increased by 5% since the previous quarter
WLKP's price to earnings (P/E) is 4.7% less than its last 4 quarters average of 14.3 but 3.3% more than its 5-year quarterly average of 13.2
The company's equity fell by 3.2% YoY
Sector: Basic Materials
Industry: Chemicals
Website: http://wlkpartners.com
Peers: GPRE AMTX IOSP VHI

Key stats

What are the main financial stats of WLKP

WLKP stock price

How has the Westlake Chemical Partners stock price performed over time
Intraday
0.31%
1 week
-0.75%
1 month
-3.91%
1 year
-0.09%
YTD
17.68%
QTD
0.45%

Financial performance

How have Westlake Chemical Partners's revenue and profit performed over time
Revenue
$1.23B
Gross profit
$387.53M
Operating income
$359.54M
Net income
$57.92M
Gross margin
31.4%
Net margin
4.7%
The net income rose by 19% since the previous quarter and by 10% year-on-year
Westlake Chemical Partners's revenue has increased by 13% YoY and by 6% from the previous quarter
Westlake Chemical Partners's operating income has increased by 13% QoQ and by 5% YoY
WLKP's net margin is up by 12% since the previous quarter but it is down by 2.1% year-on-year

Price vs fundamentals

How does WLKP's price correlate with its fundamentals

Growth

What is Westlake Chemical Partners's growth rate over time

Valuation

What is Westlake Chemical Partners stock price valuation
WLKP P/E details
P/E
13.63
P/B
3.08
P/S
0.64
EV/EBIT
14.12
EV/EBITDA
5.29
EV/Sales
0.93
WLKP's EPS is up by 19% QoQ and by 11% YoY
WLKP's price to earnings (P/E) is 4.7% less than its last 4 quarters average of 14.3 but 3.3% more than its 5-year quarterly average of 13.2
WLKP's price to book (P/B) is 6% higher than its 5-year quarterly average of 2.9 and 6% higher than its last 4 quarters average of 2.9
The company's equity fell by 3.2% YoY
Westlake Chemical Partners's revenue has increased by 13% YoY and by 6% from the previous quarter
WLKP's price to sales (P/S) is 7% higher than its 5-year quarterly average of 0.6 and 7% higher than its last 4 quarters average of 0.6

Efficiency

How efficient is Westlake Chemical Partners business performance
Westlake Chemical Partners's return on assets has increased by 24% QoQ and by 15% YoY
Westlake Chemical Partners's ROE has increased by 20% from the previous quarter and by 16% YoY
The return on invested capital has increased by 13% since the previous quarter and by 4% year-on-year
WLKP's ROS is down by 8% YoY but it is up by 6% QoQ

Dividends

What is WLKP's dividend history
Dividend details
DPS
$1.89
Dividend yield
8.43%
Payout ratio
115%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Westlake Chemical Partners financials performed over time
Westlake Chemical Partners's total assets is 179% higher than its total liabilities
The company's current ratio has surged by 166% YoY and by 30% QoQ
The quick ratio has surged by 164% year-on-year and by 30% since the previous quarter
WLKP's debt is 56% greater than its equity
The company's equity fell by 3.2% YoY
The company's debt to equity rose by 3.3% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.