- Trade $0 commission stocks & ETFs with as little as $1
- Earn up to $300 with qualifying deposits
- Discover new opportunities with Opto's AI-driven thematic investing system
- Theme and ETF screener
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. Its last market close was $24.06 – an increase of 1.09% over the previous week.
What's in this guide?
- WLKP shares summary
- Compare share dealing platforms
- Is WLKP stock a buy or sell?
- Stock performance over time
- Can I short WLKP shares?
- Are WLKP shares over-valued?
- Westlake Chemical Partners's financials
- How volatile are WLKP shares?
- Does Westlake Chemical Partners pay a dividend?
- Other common questions
Our top picks for where to buy Westlake Chemical Partners stock
- Trade stocks, options, ETFs, mutual funds, alternative asset funds
- $0 commission on stocks, ETFs and options with no options contract fees
- Complimentary access to a financial planner
- Trade options, futures, options on futures, stocks, ETFs
- $0 commission to close options
- Pro-grade platform and risk analysis tools
How to buy Westlake Chemical Partners stock
- Choose a stock trading platform. Use our comparison table
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – WLKP. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
Buy Westlake Chemical Partners stock from these online trading platforms
Compare special offers, low fees and a wide range of investment options among top trading platforms.Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.
Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
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 | $24.06 |
---|---|
52-week range | $19.77 - $24.34 |
50-day moving average | $22.65 |
200-day moving average | $22.51 |
Wall St. target price | $25.33 |
PE ratio | 13.6782 |
Dividend yield | $1.886 (7.9%) |
Earnings per share (TTM) | $1.74 |
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
Historical closes compared with the close of $24.03 from 2024-12-09
1 week (2024-12-04) | 0.97% |
---|---|
1 month (2024-11-11) | 4.52% |
3 months (2024-09-11) | 8.49% |
6 months (2024-06-11) | 6.47% |
1 year (2023-12-11) | 9.48% |
---|---|
2 years (2022-12-09) | 29.22% |
3 years (2021-12-10) | 27.14% |
5 years (2019-12-11) | 67.26% |
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 14x. In other words, Westlake Chemical Partners shares trade at around 14x 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 $497.7 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 | $1.1 billion |
---|---|
Operating margin TTM | 37.35% |
Gross profit TTM | $377.4 million |
Return on assets TTM | 18.26% |
Return on equity TTM | 43.42% |
Profit margin | 5.4% |
Book value | $14.77 |
Market Capitalization | $838.7 million |
TTM: trailing 12 months
Westlake Chemical Partners share dividends
Dividend payout ratio: 107.66% of net profits
Recently Westlake Chemical Partners has paid out, on average, around 100% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% 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 0% 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 26 November 2024. The latest dividend was paid out to all shareholders who bought their shares by 11 November 2024 (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 $19.7742 up to $24.34. 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 1.067. This would suggest that Westlake Chemical Partners's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
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, 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. .
Frequently asked questions
What percentage of Westlake Chemical Partners is owned by insiders or institutions?Currently 44.835% of Westlake Chemical Partners shares are held by insiders and 33.763% 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
More guides on Finder
-
Best Stocks for Beginners With Little Money to Invest
These are the stocks to buy when you don’t have much to spend.
-
7 Best Day Trading Apps of 2024
These are the best day trading apps, according to Finder’s comprehensive analysis.
-
Today’s Best Brokerage Account Bonuses [Signup and Transfer Promos]
Explore the best bonuses for opening a new brokerage account.
-
5 best stock picking services of 2024
Compare the 5 best stock picking services, according to Finder’s analysis, and learn how to choose the best option for your needs.
-
5 Top Graphene Stocks to Invest in Today
We’ve rounded up stats on some of the most popular graphene stocks, along with information on how they compare and how to invest.
-
Ratings methodology for online brokers
Our star ratings for online brokerages are based on how they stack up in nine key categories.
-
How to invest in the S&P 500 in 2024
What you need to know about investing in the leading indicator for the overall US stock market.
-
How to gift stock
How do you gift stocks to loved ones? Learn the ins and outs of finding the right investments for them.
-
5 best ETFs for 2024
Check out the best-performing ETFs so far in 2024.
-
Acorns review 2024
Acorns is a financial service that rounds up your purchases and turns the extra change into investments.
Ask a question