Westlake Chemical Partners is a chemicals business based in the US. Westlake Chemical Partners shares (WLKP) are listed on the NYSE and all prices are listed in US Dollars.
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What's in this guide?
Westlake Chemical Partners stock price (NYSE: WLKP)Use our graph to track the performance of WLKP stocks over time.
Westlake Chemical Partners shares at a glance
|Latest market close||$25.85|
|52-week range||$19.32 - $27.79|
|50-day moving average||$23.10|
|200-day moving average||$24.44|
|Wall St. target price||$40.14|
|Dividend yield||$1.886 (7.39%)|
|Earnings per share (TTM)||$2.18|
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Is it a good time to buy Westlake Chemical Partners stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Westlake Chemical Partners price performance over time
|1 week (2023-01-20)||1.73%|
|1 month (2022-12-30)||10.00%|
|3 months (2022-10-28)||12.49%|
|6 months (2022-07-29)||2.05%|
|1 year (2022-01-28)||-1.56%|
|2 years (2021-01-29)||8.52%|
|3 years (2020-01-30)||11.23%|
|5 years (2018-01-29)||6.82%|
Is Westlake Chemical Partners stock undervalued or overvalued?
Valuing Westlake Chemical Partners stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Westlake Chemical Partners's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Westlake Chemical Partners's P/E ratio
Westlake Chemical Partners's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, Westlake Chemical Partners shares trade at around 12x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Westlake Chemical Partners's PEG ratio
Westlake Chemical Partners's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.23. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Westlake Chemical Partners's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Westlake Chemical Partners's EBITDA
Westlake Chemical Partners's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $510.8 million.
The EBITDA is a measure of a Westlake Chemical Partners's overall financial performance and is widely used to measure a its profitability.
Westlake Chemical Partners financials
|Revenue TTM||$1.6 billion|
|Operating margin TTM||25.26%|
|Gross profit TTM||$441.7 million|
|Return on assets TTM||17.6%|
|Return on equity TTM||41.14%|
|Market capitalisation||$906.3 million|
TTM: trailing 12 months
Westlake Chemical Partners share dividends
Dividend payout ratio: 86.1% of net profits
Recently Westlake Chemical Partners has paid out, on average, around 86.1% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.39% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Westlake Chemical Partners shareholders could enjoy a 7.39% return on their shares, in the form of dividend payments. In Westlake Chemical Partners's case, that would currently equate to about $1.886 per share.
Westlake Chemical Partners's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Westlake Chemical Partners's most recent dividend payout was on 28 November 2022. The latest dividend was paid out to all shareholders who bought their shares by 1 February 2023 (the "ex-dividend date").
Westlake Chemical Partners share price volatility
Over the last 12 months, Westlake Chemical Partners's shares have ranged in value from as little as $19.3151 up to $27.7851. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Westlake Chemical Partners's is 0.9686. This would suggest that Westlake Chemical Partners's shares are less volatile than average (for this exchange).
Westlake Chemical Partners overview
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 either a spot or contract basis. Westlake Chemical Partners GP LLC serves as the general partner of the company. The company was incorporated in 2014 and is headquartered in Houston, Texas. .
Westlake Chemical Partners in the news
Westlake Chemical Partners LP Announces Fourth Quarter 2022 Distribution
Are You a Growth Investor? This 1 Stock Could Be the Perfect Pick
Frequently asked questionsWhat percentage of Westlake Chemical Partners is owned by insiders or institutions?
Currently 44.982% of Westlake Chemical Partners shares are held by insiders and 36.689% by institutions. When does the fiscal year end for Westlake Chemical Partners?
Westlake Chemical Partners's fiscal year ends in December. Where is Westlake Chemical Partners based?
Westlake Chemical Partners's address is: 2801 Post Oak Boulevard, Houston, TX, United States, 77056 What is Westlake Chemical Partners's ISIN number?
Westlake Chemical Partners's international securities identification number is: US9604171036 What is Westlake Chemical Partners's CUSIP number?
Westlake Chemical Partners's Committee on Uniform Securities Identification Procedures number is: 960417103
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