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Upturn AI SWOT - About
WLKP 
Westlake Chemical Partners LP (WLKP)
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Upturn Advisory Summary
06/30/2025: 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
Limited analyst coverage, niche firm, research info may be scarce.
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 0.14% | 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 06/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 780.89M USD | Price to earnings Ratio 14.87 | 1Y Target Price 25.5 |
Price to earnings Ratio 14.87 | 1Y Target Price 25.5 | ||
Volume (30-day avg) 2 | Beta 0.73 | 52 Weeks Range 19.95 - 24.54 | Updated Date 06/30/2025 |
52 Weeks Range 19.95 - 24.54 | Updated Date 06/30/2025 | ||
Dividends yield (FY) 8.51% | 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 4.82% | Operating Margin (TTM) 19.61% |
Management Effectiveness
Return on Assets (TTM) 16.03% | Return on Equity (TTM) 38.98% |
Valuation
Trailing PE 14.87 | Forward PE 12 | Enterprise Value 1130936400 | Price to Sales(TTM) 0.72 |
Enterprise Value 1130936400 | Price to Sales(TTM) 0.72 | ||
Enterprise Value to Revenue 1.04 | Enterprise Value to EBITDA 2.47 | Shares Outstanding 35238600 | Shares Floating 19268442 |
Shares Outstanding 35238600 | Shares Floating 19268442 | ||
Percent Insiders 44.8 | Percent Institutions 33.56 |
Analyst Ratings
Rating 2 | Target Price 25.5 | Buy - | Strong Buy 1 |
Buy - | Strong Buy 1 | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Westlake Chemical Partners LP
Company Overview
History and Background
Westlake Chemical Partners LP (WLKP) was formed in 2014 by Westlake Corporation to operate, acquire, and develop ethylene production facilities and other qualified assets. It operates in the petrochemical industry.
Core Business Areas
- Ethylene Production: WLKP's primary business is the production of ethylene, a key petrochemical building block. They supply ethylene to Westlake Corporation under a long-term contract.
Leadership and Structure
WLKP is managed by Westlake Chemical GP LLC, which is wholly owned by Westlake Corporation. The leadership team consists of executives from Westlake Corporation who oversee the Partnership's operations and strategy.
Top Products and Market Share
Key Offerings
- Ethylene: Ethylene is used in the production of plastics, fibers, and other petrochemical products. While precise market share data for WLKP's ethylene production is difficult to pinpoint independently, they are a significant supplier to Westlake Corporation. Competitors in the broader ethylene market include companies like Dow, LyondellBasell, and ExxonMobil.
Market Dynamics
Industry Overview
The petrochemical industry is cyclical and influenced by factors such as crude oil prices, global economic growth, and capacity utilization rates. Ethylene demand is driven by the downstream production of various plastic and chemical products.
Positioning
WLKP is positioned as a key supplier of ethylene to Westlake Corporation, providing a stable and predictable source of revenue. Its competitive advantage lies in its long-term contract with Westlake Corporation and the operational expertise of its parent company.
Total Addressable Market (TAM)
The global ethylene market is estimated to be hundreds of billions of dollars. WLKP's positioning within the Westlake ecosystem provides them with a secured demand stream and makes it more stable than an independent company selling into the open market.
Upturn SWOT Analysis
Strengths
- Stable revenue stream due to long-term contract with Westlake Corporation
- Operational expertise and support from Westlake Corporation
- Strategic importance to Westlake Corporation's ethylene supply chain
Weaknesses
- Dependence on Westlake Corporation for revenue
- Limited diversification outside of ethylene production
- Potential conflicts of interest due to relationship with Westlake Corporation
Opportunities
- Potential for expansion of ethylene production capacity
- Acquisition of additional assets related to the ethylene value chain
- Increased demand for ethylene driven by global economic growth
Threats
- Fluctuations in crude oil prices and ethylene prices
- Increased competition from other ethylene producers
- Regulatory changes impacting the petrochemical industry
Competitors and Market Share
Key Competitors
- DOW
- LYB
- XOM
Competitive Landscape
WLKP's advantage is the captive demand from Westlake Corporation. Its disadvantage is its reliance on a single customer and its limited diversification.
Growth Trajectory and Initiatives
Historical Growth: WLKP's historical growth has been driven by expansions in ethylene production capacity and the steady demand from Westlake Corporation.
Future Projections: Future growth projections depend on the global demand for ethylene and any strategic initiatives undertaken by Westlake Corporation to expand its petrochemical operations.
Recent Initiatives: Recent initiatives may include projects to optimize ethylene production or expand capacity.
Summary
Westlake Chemical Partners LP is a niche player in the petrochemical industry, heavily reliant on its relationship with Westlake Corporation. Its stable revenue stream offers predictability, but its lack of diversification poses a risk. The company should explore opportunities to expand its product offerings and customer base to enhance its long-term growth potential. Its success is tightly coupled with the success and demand of Westlake's products.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Westlake Chemical Partners LP Annual Reports
- Industry Analysis Reports
- Company Investor Relations
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market conditions and company performance can change rapidly. Market Share is an estimate.
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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