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Westlake Chemical Partners LP (WLKP)

Stock Price: $19.55 USD 0.39 (2.04%)
Updated Aug 10, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 688.05M
Revenue (ttm) 1.01B
Net Income (ttm) 64.90M
Shares Out 35.19M
EPS (ttm) 1.84
PE Ratio 10.63
Forward PE 10.01
Dividend $1.89
Dividend Yield 9.67%

Stock Quote

Trading Day Aug 10, 2020
Last Price $19.55
Previous Close $19.16
Change ($) 0.39
Change (%) 2.04%
Day's Open 19.16
Day's Range 19.16 - 19.57
Day's Volume 78,630
52-Week Range 10.31 - 26.48

More Stats

Market Cap 688.05M
Enterprise Value 1.06B
Earnings Date (est) Nov 10, 2020
Ex-Dividend Date Aug 7, 2020
Shares Outstanding 35.19M
Float 16.71M
EPS (basic) 1.85
EPS (diluted) 1.84
FCF / Share 11.99
Dividend $1.89
Dividend Yield 9.67%
Earnings Yield 9.41%
FCF Yield 61.35%
Payout Ratio 100.80%
Shares Short 146,188
Short Ratio 3.99
Short % of Float 1.18%
Beta 1.08
PE Ratio 10.63
Forward PE 10.01
P/FCF Ratio 1.63
PS Ratio 0.68
PB Ratio 2.48
Revenue 1.01B
Operating Income 363.39M
Net Income 64.90M
Free Cash Flow 422.13M
Net Cash -376.06M
Net Cash / Share -10.69
Gross Margin 37.50%
Operating Margin 35.92%
Profit Margin 6.40%
FCF Margin 41.72%
ROA 16.34%
ROE 36.54%
ROIC 4.70%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (8)

Buy 5
Overweight 0
Hold 2
Underweight 0
Sell 1

Analyst Consensus: Overweight

Price Target

$23.25*
(18.93% upside)
Low
17.0
Current: $19.55
High
29.0
Target: 23.25
*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 & Equivalents19.9219.7427.0188.901701340.000.000.00
Total Debt400478474595384228253253-
Net Cash / Debt-380-458-447-506-214-93.89-253-2530.00
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 Yuan Chao

Stock Information

Ticker Symbol WLKP
Stock Exchange New York Stock Exchange
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.