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Upturn AI SWOT - About
WLKP 
Westlake Chemical Partners LP (WLKP)
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Upturn Advisory Summary
08/14/2025: WLKP (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
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
| 1 | Strong Buy |
| 0 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 0.09% | Avg. Invested days 53 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 772.78M USD | Price to earnings Ratio 14.72 | 1Y Target Price 25.5 |
Price to earnings Ratio 14.72 | 1Y Target Price 25.5 | ||
Volume (30-day avg) 2 | Beta 0.73 | 52 Weeks Range 19.53 - 24.02 | Updated Date 08/15/2025 |
52 Weeks Range 19.53 - 24.02 | Updated Date 08/15/2025 | ||
Dividends yield (FY) 8.61% | Basic EPS (TTM) 1.49 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2025-08-05 | When - | Estimate 0.45 | Actual 0.41 |
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 14.72 | Forward PE 12 | Enterprise Value 1135876533 | Price to Sales(TTM) 0.7 |
Enterprise Value 1135876533 | Price to Sales(TTM) 0.7 | ||
Enterprise Value to Revenue 1.03 | Enterprise Value to EBITDA 2.5 | Shares Outstanding 35238600 | Shares Floating 19261042 |
Shares Outstanding 35238600 | Shares Floating 19261042 | ||
Percent Insiders 44.82 | Percent Institutions 33.73 |
Upturn AI SWOT
Westlake Chemical Partners LP
Company Overview
History and Background
Westlake Chemical Partners LP (WLKP) was formed in 2014 by Westlake Chemical Corporation (WLK) to operate, acquire, and develop ethylene production facilities. It focuses on the stable cash flows from ethylene production and sales.
Core Business Areas
- Ethylene Production: The partnership's core business revolves around owning and operating ethylene pipelines and plants. Ethylene is a basic petrochemical used in a wide range of consumer and industrial products.
Leadership and Structure
WLKP is managed by the general partner, Westlake Chemical Partners GP LLC, a subsidiary of Westlake Chemical Corporation. Key leadership includes the executives of the general partner.
Top Products and Market Share
Key Offerings
- Ethylene: Ethylene produced by WLKP's facilities is supplied to Westlake Chemical Corporation under a long-term supply agreement. Market share data for WLKP directly is hard to obtain since it is dependent on the capacity of Westlake Chemical Corporation. Competitors include companies that sell similar product such as Dow (DOW) and LyondellBasell (LYB)
Market Dynamics
Industry Overview
The ethylene market is cyclical and influenced by factors such as crude oil prices, demand from downstream industries (e.g., plastics, textiles), and global economic conditions.
Positioning
WLKP's position is closely tied to Westlake Chemical Corporation. Its competitive advantage stems from the long-term supply agreement that provides a stable revenue stream.
Total Addressable Market (TAM)
The global ethylene market is substantial, estimated at hundreds of billions of dollars. WLKP's share is determined by its production capacity relative to the total market. WLKP is positioned within the larger ethylene market through its supply agreement with WLK.
Upturn SWOT Analysis
Strengths
- Stable cash flows due to long-term supply agreement with WLK
- Operational expertise of Westlake Chemical Corporation
- Strategically located ethylene production facilities
- Established relationship with parent company WLK
Weaknesses
- Concentration of revenue from a single customer (Westlake Chemical Corporation)
- Limited diversification beyond ethylene production
- Dependence on the performance and financial health of Westlake Chemical Corporation
- Vulnerability to fluctuations in ethylene prices
Opportunities
- Potential for future acquisitions of additional ethylene production facilities
- Expansion of existing facilities to increase production capacity
- Diversification into related petrochemical products or services
- Capitalizing on increased global demand for ethylene
Threats
- Downturns in the global economy impacting demand for ethylene
- Increased competition from other ethylene producers
- Fluctuations in the price of natural gas (a key feedstock)
- Changes in environmental regulations impacting ethylene production
Competitors and Market Share
Key Competitors
- DOW
- LYB
- CE
Competitive Landscape
WLKP benefits from its relationship with Westlake Chemical Corporation, offering stability. However, it lacks the scale and diversification of larger competitors such as Dow and LyondellBasell.
Growth Trajectory and Initiatives
Historical Growth: Growth is dependent on acquisitions and expansion of existing facilities, both driven by Westlake Chemical Corporation's strategic decisions.
Future Projections: Analyst estimates vary. Growth is tied to Westlake Chemical Corporation's capital allocation decisions and ethylene demand.
Recent Initiatives: Check recent press releases and financial reports for specific initiatives.
Summary
Westlake Chemical Partners LP is closely linked to Westlake Chemical Corporation, providing stable cash flows through a long-term supply agreement. Its dependence on a single customer is a risk, and expansion hinges on Westlake's strategic decisions. Overall, it has a niche with solid cash flows, but lacks diversification and relies heavily on its parent company. Investors should carefully consider the risks associated with this concentration.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Investor Relations
- Market Research Reports
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Market conditions can change rapidly, and past performance is not indicative of future results.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 - | Website https://www.wlkpartners.com |
Full time employees - | Website https://www.wlkpartners.com | ||
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.
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