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Westlake Chemical Partners LP

Exchange: NYSESector: Basic MaterialsIndustry: Chemicals

Westlake Chemical Partners is a limited partnership formed by Westlake Corporation to operate, acquire and develop ethylene production facilities and other qualified assets. Headquartered in Houston, the Partnership owns a 22.8% interest in Westlake Chemical OpCo LP. Westlake Chemical OpCo LP’s assets include three facilities in Calvert City, Kentucky, and Lake Charles, Louisiana which process ethane and propane into ethylene, and an ethylene pipeline.

Current Price

$22.57

-0.44%

GoodMoat Value

$46.50

106.0% undervalued
Profile
Valuation (TTM)
Market Cap$795.50M
P/E16.34
EV
P/B3.08
Shares Out35.25M
P/Sales0.68
Revenue$1.17B
EV/EBITDA5.75

Westlake Chemical Partners LP (WLKP) Dividends

Dividend Overview

Dividend Yield

8.35%

Dividend / Share

$1.89

Key Metrics

Market Cap

$795.50M

P/E Ratio

16.34

Forward P/E

EPS

$1.38

PEG Ratio

-6.86

Book Value

$7.34

Dividend Yield

8.35%

Profit Margin

4.17%

ROE

18.84%

Dividend History

Dividend Safety

WLKP Dividend Analysis

Westlake Chemical Partners LP (WLKP) dividend analysis including yield, payout history, and sustainability metrics. The current dividend yield is 8.35%. The annual dividend per share is $1.89.

P/E ratio: 16.34. Profit margin: 4.17%. Free cash flow: $201.65M. This page shows Westlake Chemical Partners LP's dividend overview, key metrics, historical payout data, and dividend safety assessment to help income-focused investors evaluate the sustainability of dividend payments.

GoodMoat's dividend analyzer evaluates payout ratios, earnings coverage, and free cash flow coverage to determine how well supported Westlake Chemical Partners LP's dividend payments are. Use this analysis alongside the company's financial statements and quality score to make informed income-investing decisions.