Westlake Chemical Partners LP acquires, develops and operates ethylene production facilities and related assets in the United States. The company is headquartered in Houston, Texas.
| Revenue (TTM) | $1.23B |
| Gross Profit (TTM) | $384.80M |
| EBITDA | $493.37M |
| Operating Margin | 29.40% |
| Return on Equity | 41.80% |
| Return on Assets | 17.60% |
| Revenue/Share (TTM) | $35.03 |
| Book Value | $14.22 |
| Price-to-Book | 2.97 |
| Price-to-Sales (TTM) | 0.61 |
| EV/Revenue | 0.891 |
| EV/EBITDA | 2.46 |
| Quarterly Earnings Growth (YoY) | -2.20% |
| Quarterly Revenue Growth (YoY) | 0.00% |
| Shares Outstanding | $35.25M |
| Float | $19.43M |
| % Insiders | 44.85% |
| % Institutions | 29.18% |
Volatility is currently expanding
Westlake Chemical Partners LP Common Units ( WLKP ) Q3 2026 Earnings Call November 4, 2026 1:00 PM EST Company Participants Jeffrey Holy Jean-Marc Gilson - President, CEO & Director of Westlake Chemical Partners GP LLC Jonathan H. Baksht Conference Call Participants James Altschul Presentation Operator Good afternoon.
HOUSTON, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the third quarter of 2026 of $16.2 million, or $0.46 per limited partner unit, which was higher than third quarter of 2025 net income attributable to the Partnership of $14.7 million. Cash flows from operating activities in the third quarter of 2026 were $122.2 million, an increase of $17.0 million compared to third quarter 2025 cash flows from operating activities of $105.2 million, primarily due to more favorable changes in working capital. For the three months ended September 30, 2026, MLP distributable cash flow was $18.0 million, an increase of $3.1 million compared to third quarter 2025 MLP distributable cash flow of $14.9 million. The increase in MLP distributable cash flow and associated trailing twelve-month coverage ratio of 1.09x was primarily due to lower maintenance capital expenditures and higher sales volume.
HOUSTON, Nov. 02, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Westlake Chemical Partners GP LLC, the general partner of Westlake Chemical Partners LP (the "Partnership") (NYSE:WLKP), has declared a distribution of $0.4714 per unit. This is the 49th quarterly distribution announced by the Partnership since its initial public offering.
HOUSTON, Oct. 21, 2026 (GLOBE NEWSWIRE) -- Westlake Chemical Partners (NYSE: WLKP) will release its third quarter 2026 earnings prior to the market opening on Wednesday, November 4, 2026. The company will host a conference call at 1:00 p.m.
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Westlake Chemical Partners offers a stable ~9% yield, underpinned by a fixed-margin contract and a 48-quarter unbroken distribution record. WLKP's cash flows are insulated from commodity price swings, with a cost-plus contract running through 2027 and minimal operational risk. Valuation is attractive at 13.8x forward earnings, about 10% below sector median, but growth prospects are limited and distribution raises are unlikely.
Westlake Chemical Partners LP Common Units (WLKP) Q2 2026 Earnings Call Transcript
Declared quarterly distribution of $0.4714 per unit; 48th consecutive quarterly distribution HOUSTON, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the second quarter of 2026 of $14.2 million, or $0.40 per limited partner unit, which was slightly below second quarter 2025 net income of $14.6 million. Cash flows from operating activities in the second quarter of 2026 were $129.8 million, an increase of $120.7 million compared to second quarter 2025 cash flows from operating activities of $9.1 million, primarily due to higher production and sales volume and lower maintenance capital expenditures as the result of the prior year's Petro 1 turnaround.
$0.4714 per unit distribution declared payable on August 28, 2026 HOUSTON, Aug. 03, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Westlake Chemical Partners GP LLC, the general partner of Westlake Chemical Partners LP (the "Partnership") (NYSE:WLKP), has declared a distribution of $0.4714 per unit. This is the 48th quarterly distribution announced by the Partnership since its initial public offering.
HOUSTON, July 21, 2026 (GLOBE NEWSWIRE) -- Westlake Chemical Partners (NYSE: WLKP) will release its second quarter 2026 earnings prior to the market opening on Tuesday, August 4, 2026. The company will host a conference call at 1:00 p.m.
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