XNYSWLKP
Market cap834mUSD
Jan 14, Last price
23.67USD
1D
1.37%
1Q
5.34%
Jan 2017
9.33%
IPO
-22.01%
Name
Westlake Chemical Partners LP
Chart & Performance
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.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 1,190,791 -25.26% | 1,593,147 31.14% | |||||||
Cost of revenue | 833,083 | 1,245,460 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 357,708 | 347,687 | |||||||
NOPBT Margin | 30.04% | 21.82% | |||||||
Operating Taxes | 813 | 1,017 | |||||||
Tax Rate | 0.23% | 0.29% | |||||||
NOPAT | 356,895 | 346,670 | |||||||
Net income | 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 | |||||||
Deferred revenue | (1,656) | ||||||||
Other long-term liabilities | 2,951 | 1,656 | |||||||
Net debt | 341,055 | 334,892 | |||||||
Cash flow | |||||||||
Cash from operating activities | 451,999 | 463,736 | |||||||
CAPEX | (46,821) | (54,118) | |||||||
Cash from investing activities | (75,937) | (12,002) | |||||||
Cash from financing activities | (382,225) | (404,009) | |||||||
FCF | 403,053 | 443,283 | |||||||
Balance | |||||||||
Cash | 58,619 | 64,782 | |||||||
Long term investments | |||||||||
Excess cash | |||||||||
Stockholders' equity | 856,250 | 1,276,864 | |||||||
Invested Capital | 1,258,875 | 1,300,730 | |||||||
ROIC | 27.89% | 25.94% | |||||||
ROCE | 28.38% | 26.70% | |||||||
EV | |||||||||
Common stock shares outstanding | 35,224 | 35,217 | |||||||
Price | 21.65 -7.87% | 23.50 -12.51% | |||||||
Market cap | 762,607 -7.85% | 827,607 -12.48% | |||||||
EV | 1,437,406 | 1,774,277 | |||||||
EBITDA | 467,911 | 468,761 | |||||||
EV/EBITDA | 3.07 | 3.79 | |||||||
Interest | 26,501 | 13,407 | |||||||
Interest/NOPBT | 7.41% | 3.86% |