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Westlake Chemical Partners LP (WLKP)

Basic Materials | Chemicals | Houston, United States | NYSE
22.39 USD +0.06 (0.269%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 22.39

Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ★★★★☆
Hot Take | April 11, 2026, 1:36 p.m. EDT

WLKP offers an attractive dividend yield, but its fundamentals show mixed signals. The stock has shown some recent price stability, and the dividend is consistent, making it a good option for income-focused investors. However, the long-term growth potential is limited, and the stock's fundamentals are not strong enough to support a high long-term rating. Short-term traders may consider buying calls if the price moves above the 25.0 strike, but the overall market conditions and options data suggest a cautious approach.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.051294
AutoTheta0.056980
AutoETS0.056982
AutoARIMA0.057653

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 45%
H-stat 7.71
Ljung-Box p 0.000
Jarque-Bera p 0.175
Excess Kurtosis -1.18
Attribute Value
Sector Basic Materials
Ex Dividend Date 2026-02-05
Last Dividend Date 2026-02-05
Debt to Equity Ratio 49.813
Revenue per Share 33.106
Market Cap 789,155,200
Trailing P/E 16.22
Forward P/E 12.06
Beta 0.55
Profit Margins 4.17%
Website https://www.wlkpartners.com

As of April 11, 2026, 1:36 p.m. EDT: Options speculators are showing mixed signals. The calls show significant OI and IV on the 25.0 strike, indicating potential bullish sentiment for higher prices, while the puts have ATM anchors at 22.5, suggesting some caution. The overall options activity suggests a cautious outlook, with more focus on downside protection than upward momentum.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
2.28% 9.34% 9.70% 9.92%
Dividend History
Date Dividend Yield %
2026-02-06 0.471 2.277563
2025-11-10 0.471 2.619665
2025-08-12 0.471 2.252358
2025-05-13 0.471 2.188161
2025-02-07 0.471 2.134692
2024-11-12 0.471 2.322190
2024-08-12 0.471 2.383415
2024-05-10 0.471 2.442068
2024-02-01 0.471 2.387592
2023-11-09 0.471 2.675548
2023-08-10 0.471 2.594439
2023-05-11 0.471 2.812606
2023-02-01 0.471 2.448322
2022-11-09 0.471 2.851103
2022-08-10 0.471 2.499962
2022-05-11 0.471 2.430035
2022-02-02 0.471 2.483235
2021-11-10 0.471 2.660657
2021-08-11 0.471 2.521217
2021-05-12 0.471 2.595394
2021-02-03 0.471 2.932631
2020-11-06 0.471 3.891828
2020-08-07 0.471 3.840616
2020-05-08 0.471 3.916487
2020-01-31 0.471 3.417948
2019-11-08 0.465 3.372643
2019-08-09 0.458 3.549974
2019-05-10 0.445 3.456736
2019-02-04 0.433 3.395106
2018-11-08 0.421 3.307390
2018-08-09 0.409 2.850550
2018-05-09 0.398 3.416345
2018-02-07 0.386 3.170933
2017-11-13 0.376 3.373054
2017-08-11 0.365 2.967902
2017-05-11 0.355 2.826123
2017-02-03 0.345 2.813831
2016-11-09 0.335 3.155064
2016-08-05 0.326 3.005808
2016-05-06 0.317 3.265253
2016-02-09 0.308 3.654241
2015-11-05 0.299 3.760224
2015-08-11 0.291 3.254362
2015-05-08 0.283 3.162892
2015-02-05 0.275 2.481144
2014-11-06 0.170 1.367710
Additional Data
dividendRate 1.89
dividendYield 8.44
exDividendDate 2026-02-06
trailingAnnualDividendRate 1.886
trailingAnnualDividendYield 0.08446037
lastDividendValue 0.471
lastDividendDate 2026-02-06
dividendDate 2026-02-23

Info Dump

Attribute Value
52 Week Change -0.034587145
Address1 2,801 Post Oak Boulevard
Address2 Suite 600
All Time High 34.31
All Time Low 10.31
Ask 22.5
Ask Size 300
Average Daily Volume10 Day 22,380
Average Daily Volume3 Month 42,481
Average Volume 42,481
Average Volume10Days 22,380
Beta 0.546
Bid 22.31
Bid Size 800
Book Value 14.217
City Houston
Country United States
Crypto Tradeable 0
Currency USD
Current Price 22.39
Current Ratio 2.797
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 22.5
Day Low 22.2
Debt To Equity 49.813
Dividend Date 1,771,804,800
Dividend Rate 1.89
Dividend Yield 8.44
Earnings Call Timestamp End 1,771,956,000
Earnings Call Timestamp Start 1,771,956,000
Earnings Growth -0.047
Earnings Quarterly Growth -0.03
Earnings Timestamp 1,771,939,800
Earnings Timestamp End 1,777,638,600
Earnings Timestamp Start 1,777,638,600
Ebitda 447,555,008
Ebitda Margins 0.38361
Enterprise To Ebitda 3.226
Enterprise To Revenue 1.237
Enterprise Value 1,443,689,472
Eps Current Year 1.88303
Eps Forward 1.85646
Eps Trailing Twelve Months 1.38
Esg Populated 0
Ex Dividend Date 1,770,336,000
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 21.9882
Fifty Day Average Change 0.40180016
Fifty Day Average Change Percent 0.018273445
Fifty Two Week Change Percent -3.4587145
Fifty Two Week High 23.82
Fifty Two Week High Change -1.4300003
Fifty Two Week High Change Percent -0.060033597
Fifty Two Week Low 17.75
Fifty Two Week Low Change 4.6399994
Fifty Two Week Low Change Percent 0.26140842
Fifty Two Week Range 17.75 - 23.82
Financial Currency USD
First Trade Date Milliseconds 1,406,727,000,000
Five Year Avg Dividend Yield 8.13
Float Shares 19,251,299
Forward Eps 1.85646
Forward P E 12.060588
Free Cashflow 314,187,744
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.29815
Gross Profits 347,848,000
Has Pre Post Market Data 1
Held Percent Insiders 0.44829
Held Percent Institutions 0.29171
Implied Shares Outstanding 35,245,880
Industry Chemicals
Industry Disp Chemicals
Industry Key chemicals
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,770,336,000
Last Dividend Value 0.471
Last Fiscal Year End 1,767,139,200
Long Business Summary 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.
Long Name Westlake Chemical Partners LP
Market us_market
Market Cap 789,155,200
Market State POST
Max Age 86,400
Message Board Id finmb_262786915
Most Recent Quarter 1,767,139,200
Net Income To Common 48,698,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 787,040,478
Number Of Analyst Opinions 2
Open 22.46
Operating Cashflow 280,468,992
Operating Margins 0.27785
Payout Ratio 1.3664
Phone 713 585 2900
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 22.39
Post Market Time 1,776,458,761
Previous Close 22.33
Price Eps Current Year 11.89041
Price Hint 2
Price To Book 1.5748751
Price To Sales Trailing12 Months 0.6764023
Profit Margins 0.041739997
Quick Ratio 2.735
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0599995
Regular Market Change Percent 0.268694
Regular Market Day High 22.5
Regular Market Day Low 22.2
Regular Market Day Range 22.2 - 22.5
Regular Market Open 22.46
Regular Market Previous Close 22.33
Regular Market Price 22.39
Regular Market Time 1,776,456,003
Regular Market Volume 24,317
Return On Assets 0.15699
Return On Equity 0.36598
Revenue Growth 0.114
Revenue Per Share 33.106
Sand P52 Week Change 0.36506534
Sector Basic Materials
Sector Disp Basic Materials
Sector Key basic-materials
Shares Outstanding 35,245,879
Shares Percent Shares Out 0.0033000002
Shares Short 115,655
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 129,097
Short Name Westlake Chemical Partners LP
Short Percent Of Float 0.0056
Short Ratio 3.25
Source Interval 15
State TX
Symbol WLKP
Target High Price 28.0
Target Low Price 23.0
Target Mean Price 25.5
Target Median Price 25.5
Total Cash 44,269,000
Total Cash Per Share 1.256
Total Debt 399,673,984
Total Revenue 1,166,695,040
Tradeable 0
Trailing Annual Dividend Rate 1.886
Trailing Annual Dividend Yield 0.08446037
Trailing Eps 1.38
Trailing P E 16.224638
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 20.9738
Two Hundred Day Average Change 1.4161987
Two Hundred Day Average Change Percent 0.06752227
Type Disp Equity
Volume 24,317
Website https://www.wlkpartners.com
Zip 77,056