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XNYS
WLKP
Market cap812mUSD
May 13, Last price  
23.06USD
1D
-2.08%
1Q
-1.71%
Jan 2017
6.51%
IPO
-24.02%
Name

Westlake Chemical Partners LP

Chart & Performance

D1W1MN
P/E
13.02
P/S
0.72
EPS
1.77
Div Yield, %
6.13%
Shrs. gr., 5y
0.43%
Rev. gr., 5y
0.79%
Revenues
1.14b
-4.61%
2,251,043,0002,249,098,0002,127,747,0001,749,700,0001,007,221,000986,736,0001,172,981,0001,285,622,0001,091,871,000966,670,0001,214,858,0001,593,147,0001,190,791,0001,135,896,000
Net income
62m
+14.94%
246,973,000395,920,000546,546,00013,577,00039,831,00040,940,00048,670,00049,347,000332,895,000341,119,000401,385,000334,829,00054,283,00062,392,000
CFO
485m
+7.30%
268,716,000496,821,000602,509,000604,012,000452,542,000287,726,000537,357,000436,151,000450,807,000373,397,000408,439,000463,736,000451,999,000485,001,000
Dividend
Aug 12, 20240.4714 USD/sh
Earnings
Aug 04, 2025

Profile

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.
IPO date
Jul 30, 2014
Employees
2,169
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2024‑122023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑12
Income
Revenues
1,135,896
-4.61%
1,190,791
-25.26%
1,593,147
31.14%
Cost of revenue
716,957
833,083
1,245,460
Unusual Expense (Income)
NOPBT
418,939
357,708
347,687
NOPBT Margin
36.88%
30.04%
21.82%
Operating Taxes
835
813
1,017
Tax Rate
0.20%
0.23%
0.29%
NOPAT
418,104
356,895
346,670
Net income
62,392
14.94%
54,283
-83.79%
334,829
-16.58%
Dividends
(66,420)
(66,411)
Dividend yield
8.71%
8.02%
Proceeds from repurchase of equity
BB yield
Debt
Debt current
Long-term debt
399,674
399,674
399,674
Deferred revenue
(1,656)
Other long-term liabilities
2,050
2,951
1,656
Net debt
341,358
341,055
334,892
Cash flow
Cash from operating activities
485,001
451,999
463,736
CAPEX
(48,971)
(46,821)
(54,118)
Cash from investing activities
(88,971)
(75,937)
(12,002)
Cash from financing activities
(396,333)
(382,225)
(404,009)
FCF
445,403
403,053
443,283
Balance
Cash
58,316
58,619
64,782
Long term investments
Excess cash
1,521
Stockholders' equity
553,185
856,250
1,276,864
Invested Capital
1,229,517
1,258,875
1,300,730
ROIC
33.60%
27.89%
25.94%
ROCE
33.99%
28.38%
26.70%
EV
Common stock shares outstanding
35,233
35,224
35,217
Price
23.14
6.88%
21.65
-7.87%
23.50
-12.51%
Market cap
815,289
6.91%
762,607
-7.85%
827,607
-12.48%
EV
1,709,832
1,437,406
1,774,277
EBITDA
530,838
467,911
468,761
EV/EBITDA
3.22
3.07
3.79
Interest
25,701
26,501
13,407
Interest/NOPBT
6.13%
7.41%
3.86%