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Westlake Chemical Partners LP (WLKP)

Stock Price: $21.67 USD 0.02 (0.09%)
Updated December 3, 2:41 PM EST - Market open

Stock Price Chart

Key Info

Market Cap 762.67M
Revenue (ttm) 993.82M
Net Income (ttm) 68.51M
Shares Out 35.19M
EPS (ttm) 1.95
PE Ratio 11.11
Forward PE 10.54
Dividend $1.89
Dividend Yield 8.72%

Stock Quote

Trading Day December 3
Last Price $21.67
Previous Close $21.65
Change ($) 0.02
Change (%) 0.09%
Day's Open 21.77
Day's Range 21.61 - 21.89
Day's Volume 12,707
52-Week Range 9.57 - 24.04

More Stats

Market Cap 762.67M
Enterprise Value 1.14B
Earnings Date (est) n/a
Ex-Dividend Date Nov 6, 2020
Shares Outstanding 35.19M
Float n/a
EPS (basic) 1.96
EPS (diluted) 1.95
FCF / Share 11.75
Dividend $1.89
Dividend Yield 8.72%
Earnings Yield 9.00%
FCF Yield 54.24%
Payout Ratio 95.90%
Shares Short 122,372
Short Ratio 2.50
Short % of Float n/a
Beta 1.08
PE Ratio 11.11
Forward PE 10.54
P/FCF Ratio 1.84
PS Ratio 0.77
PB Ratio 2.68
Revenue 993.82M
Operating Income 371.13M
Net Income 68.51M
Free Cash Flow 413.68M
Net Cash -376.34M
Net Cash / Share -10.69
Gross Margin 38.18%
Operating Margin 37.34%
Profit Margin 6.90%
FCF Margin 41.63%
ROA 16.63%
ROE 37.64%
ROIC 4.80%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (8)

Buy 5
Overweight 0
Hold 3
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$24.00*
(10.75% upside)
Low
19.0
Current: $21.67
High
29.0
Target: 24.00
*Average 12-month price target from 8 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year201920182017201620152014201320122011
Revenue1,0921,2861,1739871,0071,7502,1282,2492,251
Revenue Growth-15.07%9.6%18.87%-2.03%-42.43%-17.77%-5.4%-0.09%-
Gross Profit379377404391383746873636409
Operating Income350350374366359717847612385
Net Income60.9849.3548.6740.9439.83510547396247
Shares Outstanding34.4932.2428.3927.0627.0627.0627.06--
Earnings Per Share1.771.511.721.501.470.50---
EPS Growth17.22%-12.21%14.67%2.04%194%----
Dividend Per Share1.801.611.441.291.150.17---
Dividend Growth11.59%12.01%12.05%12.02%575.29%----
Operating Cash Flow451436537288453604603497269
Capital Expenditures-43.71-39.86-68.86-300-231-203-223-158-73.68
Free Cash Flow407396468-11.91221401379338195
Cash & Equivalents19.9219.7427.0188.90170134---
Total Debt400478474595384228253253-
Net Cash / Debt-380-458-447-506-214-93.89-253-253-
Assets1,3931,4621,5151,5551,2901,0961,041835-
Liabilities441528517634443261586561-
Book Value27821622010296.5687.52455274-
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Westlake Chemical Partners LP
Country United States
CEO Albert Chao

Stock Information

Ticker Symbol WLKP
Stock Exchange NYSE
Sector Basic Materials
Industry Chemicals
Unique Identifier NYSE: WLKP
IPO Date July 30, 2014

Description

Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. The company's ethylene production facilities primarily convert ethane into ethylene. It also sells ethylene co-products, including propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on a spot or contract basis. Westlake Chemical Partners GP LLC serves as the general partner of the company. The company was founded in 2014 and is headquartered in Houston, Texas.