NYSE · Chemicals · USD

Westlake Chemical Partners LP (WLKP) Stock Analysis

Westlake Chemical Partners LP (WLKP) is a Chemicals stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

WLKP

$20.87

−$0.18 (−0.86%)

Oct 21, 2026 · Market close

Compare

Price History

Hover for the daily close. The dotted line marks the period open.

Compare WLKP with… →

WLKP Key Statistics

As of Oct 21, 2026

Trading

Open: $21.09
Previous Close: $21.05
Day's Range: 20.82–21.20
52-Week Range: 17.75–23.88
Volume: 14.33K
Beta: 0.50

Valuation

Market Cap: $735.58M
P/E Ratio: 12.73
Forward P/E: 11.27
P/S ratio: 0.60
EPS (ttm): 1.64

Financials (FY)

Revenue (FY): $1.17B+2.71%
Net Income (FY): $48.70M−21.95%
Profit margin: 4.67%
Shares Outstanding: 35.25M
1-Year Return: +11.94%

Dividend and dates

Dividend: $1.89+8.96%
Ex-Dividend Date: August 13, 2026
Earnings Date: November 4, 2026
Avg Volume: 27.85K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, WLKP closed at $20.87, +11.94% over 1 year.

Westlake Chemical Partners LP (WLKP) has a market capitalization of $735.58M.

In fiscal 2025, WLKP reported revenue of $1.17B.

WLKP Stock Return by Calendar Year

Westlake Chemical Partners LP (WLKP) 10-year return: what $10,000 became

1 year: $10,000 $11,194; +11.94%
5 years: $10,000 $12,042; +20.42%
10 years: $10,000 $19,827; +98.27%

If you had invested $10,000 in Westlake Chemical Partners LP (WLKP) 10 years ago, at the close on October 21, 2016, it would have been worth $19,827 at the close on October 21, 2026: +98.27% in total, +7.08% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

+22.38%−10.50%+14.58%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	+14.58%
2025	−10.50%
2024	+16.17%
2023	+0.11%
2022	−5.77%
2021	+21.19%
2020	−0.83%
2019	+18.54%
2018	+3.55%
2017	+22.38%
2016 (partial year)	−0.64%

As of October 21, 2026.

WLKP Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$1.17B	$48.70M	4.2%
2024	$1.14B	$62.39M	5.5%
2023	$1.19B	$54.28M	4.6%
2022	$1.59B	$64.17M	4.0%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$1.17B	$347.85M	$319.58M	$48.70M	4.2%
2024	$1.14B	$418.94M	$390.44M	$62.39M	5.5%
2023	$1.19B	$387.46M	$357.71M	$54.28M	4.6%
2022	$1.59B	$377.37M	$347.69M	$64.17M	4.0%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

WLKP Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

$1.88+0.0% vs 2024

Dividends per share, 2025 · 4 payments

Year	Dividends per share	Payments	Change
2026*	$1.41	3	—
2025	$1.88	4	+0.0%
2024	$1.88	4	+0.0%
2023	$1.88	4	+0.0%

Year	Dividends per share	Payments	Change
2026 (partial year)	$1.41	3	—
2025	$1.88	4	+0.0%
2024	$1.88	4	+0.0%
2023	$1.88	4	+0.0%
2022	$1.88	4	+0.0%
2021	$1.88	4	+0.0%
2020	$1.88	4	+4.6%
2019	$1.80	4	+11.6%
2018	$1.61	4	+12.0%
2017	$1.44	4	+330.1%
2016	$0.34	1	—

Most recent payment: $0.47 per share, ex-dividend August 13, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

WLKP Valuation vs Chemicals Median

Median of 16 stocks

Metric	WLKP	Chemicals median	vs median
P/E	12.73	12.73	0% above
P/S ratio	0.60	0.29	102% above
Profit margin	4.67%	−2.65%	7.3 pts above

Medians across 16 Chemicals stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values Westlake Chemical Partners LP (WLKP) at $735.58M. The company sits in the Basic Materials sector, in the Chemicals industry.

The most recent close on file for WLKP is $20.87, dated October 21, 2026. That is −$0.18 (−0.86%) against the previous close. Over the past 52 weeks the price has ranged from $17.75 to $23.88. The latest close sits 17.58% above that 52-week low.

Financial Health

In fiscal 2025, Westlake Chemical Partners LP reported revenue of $1.17B. Against the prior fiscal year total of $1.14B, that is a change of +2.71%. The same year closed with net income of $48.70M. That is −21.95% against the prior fiscal year. The reported profit margin is 4.67%. That is 7.3 percentage points above the Chemicals median of −2.65%. Trailing earnings per share are 1.64.

Across the 4 fiscal years on file, revenue moves from $1.59B in 2022 to $1.17B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 12.73 times earnings. That is 0% above the Chemicals median of 12.73. On forward earnings the ratio is 11.27. The price-to-sales ratio is 0.6. On price-to-sales that is 101.99% above the Chemicals median of 0.29. The medians here are taken across 16 Chemicals companies that report the metric.

Over the trailing twelve months the total return is +11.94%. Across 10 years the annualized return works out at +7.08%. The reported beta is 0.5. Annualized volatility over the trailing 10 years is 26.61%.

Growth & Income

Shareholders receive a dividend, yielding 8.96% on the latest price. That is 4.8 percentage points above the Chemicals median yield of 4.2%. At the indicated rate that is $1.89 a share a year. The ex-dividend date on file is August 13, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling $1.41 a share. The year before, 2025, totalled $1.88 a share.

Across the complete calendar years on file, 2017 returned +22.38% and 2025 returned −10.50%. Of the 9 complete calendar years on file, 6 finished higher. So far in 2026 the total return is +14.58%.

Peer Comparison

Westlake Chemical Partners LP (WLKP) operates in the Chemicals industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
Westlake Chemical Partners LP	WLKP	$735.58M	12.7
Dow Inc.	DOW	$21.94B	—
Methanex Corporation	MX.TO	CA$6.87B	63.4
Celanese Corporation	CE	$4.91B	—

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Chemicals industry average P/E ratio is 12.7x. Westlake Chemical Partners LP trades at a P/E of 12.7.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

Related Chemicals Stocks

DOW

Dow Inc.

$21.94B

MX.TO

Methanex Corporation

CA$6.87B

Celanese Corporation

$4.91B

OLN

Olin Corporation

$1.70B

HUN

Huntsman Corporation

$1.44B

REX

REX American Resources Corporation

$1.35B

View all Chemicals stocks →

Popular Basic Materials Stocks

LIN

Linde plc

$230.75B

BHP

BHP Group Limited

$211.50B

SCCO

Southern Copper Corporation

$167.24B

RIO

Rio Tinto Group

$141.37B

NEM

Newmont Corporation

$123.47B

View all Basic Materials stocks →

About Westlake Chemical Partners LP

Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. It's ethylene production facilities which primarily convert ethane into ethylene. The company also sells ethylene co-products, such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on either a spot or contract basis. It serves as the general partner of the company. Westlake Chemical Partners LP was founded in 1991 and is headquartered in Houston, Texas.

Visit website →