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Upturn stock rating
WLKP logo

Westlake Chemical Partners LP (WLKP)

Upturn stock rating
$20.63
Last Close (24-hour delay)
upturn advisory
PASS
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  • SELL Advisory (Loss)​
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Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

10/15/2025: WLKP (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

2 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $25.5

1 Year Target Price $25.5

Analysts Price Target For last 52 week
$25.5 Target price
52w Low $19.92
Current$20.63
52w High $24.02

Analysis of Past Performance

Type Stock
Historic Profit -4.15%
Avg. Invested days 48
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/15/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 717.10M USD
Price to earnings Ratio 13.66
1Y Target Price 25.5
Price to earnings Ratio 13.66
1Y Target Price 25.5
Volume (30-day avg) 2
Beta 0.69
52 Weeks Range 19.92 - 24.02
Updated Date 10/17/2025
52 Weeks Range 19.92 - 24.02
Updated Date 10/17/2025
Dividends yield (FY) 9.14%
Basic EPS (TTM) 1.49

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 4.78%
Operating Margin (TTM) 30.71%

Management Effectiveness

Return on Assets (TTM) 16.35%
Return on Equity (TTM) 38.37%

Valuation

Trailing PE 13.66
Forward PE 12
Enterprise Value 1110152387
Price to Sales(TTM) 0.65
Enterprise Value 1110152387
Price to Sales(TTM) 0.65
Enterprise Value to Revenue 1.01
Enterprise Value to EBITDA 2.44
Shares Outstanding 35238556
Shares Floating 19253290
Shares Outstanding 35238556
Shares Floating 19253290
Percent Insiders 44.84
Percent Institutions 29.4

ai summary icon Upturn AI SWOT

Westlake Chemical Partners LP

stock logo

Company Overview

overview logo History and Background

Westlake Chemical Partners LP (WLKP) was formed in 2014 by Westlake Chemical Corporation (WLK). It focuses on owning, operating, and acquiring ethylene production facilities.

business area logo Core Business Areas

  • Ethylene Production: WLKP focuses on producing ethylene, a key petrochemical building block used to create various plastics and chemical products.

leadership logo Leadership and Structure

The company's general partner is Westlake Chemical Partners GP LLC, which is an indirect subsidiary of Westlake Chemical Corporation. Albert Chao is the Chairman and CEO of Westlake Chemical Corporation.

Top Products and Market Share

overview logo Key Offerings

  • Ethylene: WLKP's primary product is ethylene. The market share for ethylene is fragmented, with many large producers. WLKP benefits from a long-term supply agreement with Westlake Chemical Corporation. Competitors: Dow, LyondellBasell, ExxonMobil.

Market Dynamics

industry overview logo Industry Overview

The petrochemical industry is highly cyclical and influenced by global economic conditions, feedstock prices (especially natural gas), and demand for plastics and other chemical derivatives.

Positioning

WLKP is positioned as a stable, fee-based ethylene supplier to Westlake Chemical Corporation. This relationship provides a relatively predictable revenue stream.

Total Addressable Market (TAM)

The global ethylene market is estimated to be worth hundreds of billions of dollars. WLKP focuses on a specific segment through its relationship with WLK. It is not directly related to all aspects of the TAM.

Upturn SWOT Analysis

Strengths

  • Stable, fee-based revenue stream from Westlake Chemical Corporation
  • Long-term ethylene supply agreement
  • Operational expertise from Westlake Chemical Corporation

Weaknesses

  • Dependence on Westlake Chemical Corporation
  • Limited diversification
  • Exposure to ethylene price fluctuations, despite supply agreement

Opportunities

  • Potential expansion of ethylene production capacity
  • Acquisition of additional petrochemical assets
  • Growth in demand for ethylene derivatives

Threats

  • Downturns in the petrochemical industry
  • Increased competition from other ethylene producers
  • Changes in environmental regulations

Competitors and Market Share

competitor logo Key Competitors

  • DOW
  • LYB
  • XOM
  • CC
  • CE

Competitive Landscape

WLKP has a unique position due to its relationship with Westlake Chemical Corporation. It benefits from stable demand, but also faces competition from larger, more diversified petrochemical companies. Limited information on the market share of WLKP, the 1.5% is a guess based on revenue.

Growth Trajectory and Initiatives

Historical Growth: Historical growth is tied to expansions in ethylene production capacity and demand.

Future Projections: Future projections depend on the growth of the broader chemical industry and WLKP's ability to secure new projects or acquisitions.

Recent Initiatives: Recent initiatives would involve operational improvements or strategic decisions to increase efficiency and production.

Summary

Westlake Chemical Partners LP relies on a long-term agreement with Westlake Chemical Corporation, providing stable revenue through ethylene production. The company's performance depends heavily on the broader petrochemical industry and the financial health of Westlake Chemical Corporation. Diversification is limited, and fluctuating feedstock prices can create challenges. While the supply agreement provides stability, monitoring industry trends and potential regulatory changes is crucial.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings
  • Analyst reports
  • Industry publications

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Market conditions are constantly changing and this analysis is based on data available at the time of writing.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Westlake Chemical Partners LP

Exchange NYSE
Headquaters Houston, TX, United States
IPO Launch date 2014-07-30
President, CEO & Director Mr. Jean-Marc Gilson
Sector Basic Materials
Industry Chemicals
Full time employees -
Full time employees -

Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. The company's ethylene production facilities which primarily convert ethane into ethylene. It 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. Westlake Chemical Partners GP LLC serves as the general partner of the company. Westlake Chemical Partners LP was founded in 1991 and is headquartered in Houston, Texas.