WLKP 📈 Westlake Chemical Partners - Overview
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US9604171036
WLKP: Ethylene, Propylene, Butadiene, Pyrolysis Gasoline, Hydrogen
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. Web URL: https://www.wlkpartners.com
Additional Sources for WLKP Stock
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
WLKP Stock Overview
| Market Cap in USD | 836m |
| Sector | Basic Materials |
| Industry | Chemicals |
| GiC Sub-Industry | Commodity Chemicals |
| IPO / Inception | 2014-07-30 |
WLKP Stock Ratings
| Growth 5y | 49.9% |
| Fundamental | 49.8% |
| Dividend | 65.9% |
| Rel. Strength Industry | 1326 |
| Analysts | 4/5 |
| Fair Price Momentum | 24.76 USD |
| Fair Price DCF | 302.38 USD |
WLKP Dividends
| Dividend Yield 12m | 8.02% |
| Yield on Cost 5y | 10.94% |
| Annual Growth 5y | 0.91% |
| Payout Consistency | 89.5% |
WLKP Growth Ratios
| Growth Correlation 3m | 86.3% |
| Growth Correlation 12m | 85% |
| Growth Correlation 5y | 73.7% |
| CAGR 5y | 6.40% |
| CAGR/Mean DD 5y | 0.55 |
| Sharpe Ratio 12m | 0.93 |
| Alpha | -3.97 |
| Beta | 0.76 |
| Volatility | 12.97% |
| Current Volume | 45.3k |
| Average Volume 20d | 41.3k |
What is the price of WLKP stocks?
As of December 27, 2024, the stock is trading at USD 23.49 with a total of 45,300 shares traded.
Over the past week, the price has changed by +1.56%, over one month by -0.25%, over three months by +7.24% and over the past year by +15.78%.
As of December 27, 2024, the stock is trading at USD 23.49 with a total of 45,300 shares traded.
Over the past week, the price has changed by +1.56%, over one month by -0.25%, over three months by +7.24% and over the past year by +15.78%.
Is Westlake Chemical Partners a good stock to buy?
Partly, yes. Based on ValueRay Fundamental Analyses, Westlake Chemical Partners (NYSE:WLKP) is currently (December 2024) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 49.78 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of WLKP as of December 2024 is 24.76. This means that WLKP is currently overvalued and has a potential downside of 5.41%.
Partly, yes. Based on ValueRay Fundamental Analyses, Westlake Chemical Partners (NYSE:WLKP) is currently (December 2024) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 49.78 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of WLKP as of December 2024 is 24.76. This means that WLKP is currently overvalued and has a potential downside of 5.41%.
Is WLKP a buy, sell or hold?
Westlake Chemical Partners has received a consensus analysts rating of 4.00. Therefor, it is recommend to buy WLKP.
Westlake Chemical Partners has received a consensus analysts rating of 4.00. Therefor, it is recommend to buy WLKP.
- Strong Buy: 1
- Buy: 1
- Hold: 1
- Sell: 0
- Strong Sell: 0
What are the forecast for WLKP stock price target?
According to ValueRays Forecast Model, WLKP Westlake Chemical Partners will be worth about 26.9 in December 2025. The stock is currently trading at 23.49. This means that the stock has a potential upside of +14.47%.
According to ValueRays Forecast Model, WLKP Westlake Chemical Partners will be worth about 26.9 in December 2025. The stock is currently trading at 23.49. This means that the stock has a potential upside of +14.47%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 25.3 | 7.8% |
| Analysts Target Price | 44.2 | 88.2% |
| ValueRay Target Price | 26.9 | 14.5% |