• $795.5M
    Market Cap
  • 12.21%
    1-Year Change
  • Chemicals
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 19
  • True Yield: N/A
  • Financial Health Score: N/A
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Latest Research & News

Westlake Chemical (WLKP) Q1 2026 Earnings Transcript

Westlake Chemical Partners reported Q1 2026 net income of $14 million ($0.40 per unit) with distributable cash flow of $18 million ($0.51 per unit). The partnership maintained its 47th consecutive quarterly distribution at $0.4714 per unit, up 71% since IPO. Management highlighted stable cash flows from fixed-margin ethylene sales agreements and benefited from increased third-party ethylene sales at higher prices due to Middle East supply disruptions. The company maintains a strong balance sheet with 1.0x leverage ratio and no planned turnarounds for 2026.

05/05/2026, 2:03 PM • The Motley Fool

WLKP Earnings Miss by 13%

Westlake Chemical Partners reported Q2 2025 earnings that missed analyst expectations, with flat net income, reduced revenue, and lower operating cash flows due to a major maintenance turnaround at its ethylene production facility.

08/05/2025, 8:28 PM • The Motley Fool

Peers

Statistics

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Day Range
$22.26
$22.77
$22.57
1-Year Range
$17.87
$23.72
$22.57
Latest Close$22.57
Change
-$0.03 (-0.13%)
Volume39,770
Market Cap$795.5M
Shares Outstanding35.2M
Enterprise Value$1.2B

Information as of 06/22/2026

Company Profile

WESTLAKE CHEMICAL PARTNERS LP
https://www.wlkpartners.com
$795.5M
Market Cap
$57.9M
Net Income
Sector: Basic Materials
Industry: Chemicals
2801 Post Oak Boulevard, Houston, TX, United States, 77056
713 585 2900

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.

Key Executives

  • Jeffrey A. Holy
  • L. Benjamin Ederington
  • Jean-Marc Gilson
  • Albert Yuan Chao
  • Mark Steven Bender

Current Ownership Distribution

  • Institutions202.0M (65.11%)
  • Mutual Funds106.2M (34.22%)
  • Insiders2.1M (0.66%)
  • Other0 (0.00%)