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    Westlake Chemical Partners LP (WLKP)

    Official site

    BASIC MATERIALS • CHEMICALS • NYSE

    $20.96
    +0.04 (+0.22%)

    Market Cap: $734.52M

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    31%(12/39)
    Avg Surprise
    -4.52%

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.35
    Range$0.30 - $0.40
    2 analysts
    EPS RevisionsNo revisions (7d)
    0
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$0.40-12.6%
    60d ago$0.00n/a
    30d ago$0.67-47.8%
    7d ago$0.40-12.6%
    Current$0.35
    Revenue Consensus
    $336M
    Range$336M - $336M
    1 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.38
    Range$0.33 - $0.42
    2 analysts
    Revenue Consensus
    $483M
    Range$483M - $483M
    1 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$0.38---
    Sep 26EST
    -$0.35---
    Jun 26
    Reported Aug 4
    $0.40$0.41-2.44%Miss-2.4%
    Mar 26
    Reported May 5
    $0.40$0.40+0.00%Beat+185.7%
    Dec 25
    Reported Feb 24
    $0.41$0.40+2.50%Beat-4.7%
    Sep 25
    Reported Oct 30
    $0.42$0.45-6.67%Miss-17.6%
    Jun 25
    Reported Aug 5
    $0.41$0.47-12.77%Miss+0.0%
    Mar 25
    Reported May 2
    $0.14N/A-66.67%Miss-66.7%
    Dec 24
    Reported Feb 24
    $0.43$0.37+15.13%Beat+4.9%
    Sep 24
    Reported Nov 5
    $0.51$0.42+21.43%Beat+37.8%
    Jun 24
    Reported Aug 6
    $0.41$0.45-8.89%Miss+20.6%
    Mar 24
    Reported May 1
    $0.42$0.45-6.67%Miss+0.0%
    Dec 23
    Reported Feb 20
    $0.41$0.45-8.89%Miss-14.6%
    Sep 23
    Reported Nov 2
    $0.37$0.44-15.91%Miss-11.9%
    Jun 23
    Reported Aug 3
    $0.34$0.39-12.82%Miss-27.7%
    Mar 23
    Reported May 4
    $0.42$0.46-8.70%Miss-8.7%
    Dec 22
    Reported Feb 21
    $0.48$0.48+0.00%Beat-42.9%
    Sep 22
    Reported Nov 3
    $0.42$0.47-10.64%Miss+16.7%
    Jun 22
    Reported Aug 2
    $0.47$0.48-2.08%Miss-33.8%
    Mar 22
    Reported May 3
    $0.46$0.57-19.30%Miss+7.0%
    Dec 21
    Reported Feb 22
    $0.84$0.42+100.00%Beat+95.3%
    Sep 21
    Reported Nov 2
    $0.36$0.52-30.77%Miss-32.1%
    Jun 21
    Reported Aug 3
    $0.71$0.56+26.79%Beat+65.1%
    Mar 21
    Reported May 4
    $0.43$0.52-17.31%Miss-14.0%
    Dec 20
    Reported Feb 23
    $0.43$0.51-15.69%Miss-12.2%
    Sep 20
    Reported Nov 3
    $0.53$0.46+15.22%Beat+26.2%
    Jun 20
    Reported Aug 6
    $0.43$0.47-8.51%Miss+10.3%
    Mar 20
    Reported May 4
    $0.50$0.51-1.96%Miss+8.7%
    Dec 19
    Reported Feb 18
    $0.49$0.48+2.08%Beat+32.4%
    Sep 19
    Reported Nov 5
    $0.42$0.48-12.50%Miss+10.5%
    Jun 19
    Reported Aug 6
    $0.39$0.46-15.22%Miss-2.5%
    Mar 19
    Reported May 2
    $0.46$0.41+12.20%Beat+27.8%
    Dec 18
    Reported Feb 19
    $0.37$0.44-15.91%Miss-19.6%
    Sep 18
    Reported Nov 6
    $0.38$0.40-5.00%Miss-19.1%
    Jun 18
    Reported Aug 2
    $0.40$0.46-13.04%Miss+11.1%
    Mar 18
    Reported May 3
    $0.36$0.45-20.00%Miss+2.9%
    Dec 17
    Reported Feb 20
    $0.46$0.46+0.00%Beat+17.9%
    Sep 17
    Reported Nov 7
    $0.47$0.44+6.82%Beat-
    Jun 17
    Reported Aug 3
    $0.36$0.42-14.29%Miss-
    Mar 17
    Reported May 2
    $0.35$0.43-18.60%Miss-
    Dec 16
    Reported Feb 21
    $0.39$0.42-7.14%Miss-

    Dividends

    Dividend Metrics

    Forward Yield8.99%
    Forward Annual Dividend$1.89
    Payout Ratio19.87%
    FrequencyQuarterly
    Pay MonthsFeb, Jun, Aug, Nov

    Growth

    3Y CAGR+0.00%
    5Y CAGR+0.00%

    Key Metrics

    Valuation
    P/E Ratio12.86EV/EBITDA2.20x
    Price/FCF1.81xFCF Yield55.37%
    Profitability
    Profit Margin4.67%Operating Margin29.40%
    ROE41.80%ROIC54.50%
    Financial Health
    Debt/Equity1.58xInterest Coverage16.47x
    Current Ratio3.44xQuick Ratio3.36x
    Trading Statistics
    Beta0.49Avg Volume22.17K
    52-Week High$23.0552-Week Low$16.57

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$21.23
    SMA 20$21.31
    SMA 50$21.46
    SMA 200$21.42
    EMA 10$21.17
    EMA 20$21.28
    EMA 50$21.43
    EMA 200$21.25

    MACD

    Line: -0.12Signal: -0.08Hist: -0.04

    ADX

    ADX: 10.2+DI: 16.5-DI: 17.8

    Aroon & PSAR

    Aroon Up8.0
    Aroon Down96.0
    PSAR$21.61

    Bollinger Bands

    Upper Band$21.69
    Lower Band$20.92
    %B Position364%(Upper)
    Band Width0.06

    RSI (14-Day)

    Neutral
    37.2

    Momentum Oscillators

    Stoch %K8.1
    Stoch %D11.5
    Williams %R-92.1
    ROC (10d)-1.4%
    Momentum-0.29
    CCI (20d)-151.5
    MFI (14d)43.5

    Volatility Measures

    ATR (14d)$0.32(1.5%)
    StdDev (20d)0.19
    Hist Vol9.6%(Low)

    Volume Flow

    VWAP$21.02
    OBV-956.3K
    AD Line-93.0M
    CMF (20d)-0.051

    Volume Metrics

    Avg Vol (20d)22.2K
    Vol Ratio0.6x
    VWMA (20d)$21.32

    Pivot Points

    R3$21.25
    R2$21.17
    R1$21.05
    Pivot Point$20.97
    S1$20.85
    S2$20.77
    S3$20.65

    Advanced Oscillators

    TSI-15.94
    Ultimate Osc33.4
    KST-14.01

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$297.10M$305.68M$323.05M$308.90M$297.12M$237.63M$290.06M$277.00M$284.17M$284.67M$297.27M$321.66M
    Cost of Revenue$202.29M$211.92M$226.24M$209.47M$199.59M$183.55M$191.48M$160.05M$182.94M$182.49M$196.59M$228.68M
    Gross Profit$94.81M$93.76M$96.81M$99.42M$97.53M$54.08M$98.58M$116.94M$101.23M$102.18M$100.68M$92.98M
    Operating Expenses$7.49M$7.19M$7.05M$7.44M$6.30M$7.47M$6.56M$7.25M$7.61M$7.08M$7.87M$6.74M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$7.49M$7.19M$7.05M$7.44M$6.30M$7.47M$6.56M$7.25M$7.61M$7.08M$7.87M$6.74M
    Operating Income$87.31M$86.57M$89.76M$91.98M$91.23M$46.61M$92.03M$109.69M$93.63M$95.10M$92.82M$86.24M
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$5.12M$5.08M$5.51M$5.95M$5.91M$5.54M$5.77M$6.70M$6.65M$6.58M$6.63M$6.44M
    Income Before Tax$82.54M$81.83M$84.45M$86.26M$86.00M$42.42M$87.59M$104.32M$88.23M$89.86M$87.26M$81.08M
    Income Tax Expense$178,000$177,000$193,000$42,000$205,000$107,000$202,000$216,000$207,000$210,000$206,000$222,000
    Net Income$82.36M$81.66M$84.26M$86.21M$85.80M$42.31M$87.39M$104.10M$88.03M$89.65M$87.06M$80.85M
    EBITDA$122.69M$121.22M$124.51M$126.08M$124.39M$75.02M$120.84M$139.13M$123.20M$124.43M$122.20M$115.74M
    EBIT$87.66M$86.92M$89.96M$92.20M$91.91M$47.95M$93.36M$111.01M$94.88M$96.44M$93.89M$87.51M
    * Some calculated fields are derived from available data when not provided by source

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    WLKP Valuation and Fair Value

    P/E
    12.9x
    Forward P/E
    11.4x
    EV/EBITDA
    2.2x
    P/FCF
    1.8x
    PEG
    0.2x
    P/B
    2.9x
    See GNG's fair value

    WLKP Profitability: Margins, ROIC and FCF

    Gross margin
    31.2%
    Operating margin
    29.4%
    Net margin
    4.7%
    ROIC
    54.5%
    ROE
    41.8%
    FCF margin
    33.1%
    FCF yield
    55.4%

    WLKP Bull Case vs Bear Case

    Bull case

    • WLKP earns a 54.5% return on invested capital.
    • WLKP converts 33.1% of revenue into free cash flow.

    Bear case

    • WLKP beat EPS estimates in 37.5% of its last 8 reported quarters.

    WLKP Earnings: Beat Rate and Next Report

    Beat rate
    3 of 8 quarters (37.5%)
    Average surprise
    -6.2%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.35
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    0 up, 1 down

    WLKP Dividend

    Forward yield
    9.0%
    Payout ratio
    19.9%
    3Y DPS growth
    0.0%
    5Y DPS growth
    0.0%
    Pay months
    Feb, Jun, Aug, Nov
    WLKP dividend history

    Frequently Asked Questions About WLKP

    What is WLKP's current dividend yield?

    Westlake Chemical Partners LP (WLKP) has a forward dividend yield of 8.99%.

    Does WLKP pay dividends?

    Yes, Westlake Chemical Partners LP pays dividends with a forward dividend yield of 8.99%.

    What is WLKP's P/E ratio?

    Westlake Chemical Partners LP has a price-to-earnings (P/E) ratio of 12.86.

    What is WLKP's market cap?

    Westlake Chemical Partners LP (WLKP) has a market capitalization of $734.52M with a current stock price of $20.96.

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