Westlake Chemical Partners LPWLKP

$22.60-0.17 (-0.75%)
NYSEBasic Materials24:00 UTC

Company snapshot

Market Cap
$801M
Small-cap
+52%
2016 — today
10-Year Price
+15%
2016 — today
52-Week Range
$17.87$23.72
Current $22.60· 81%

Westlake Chemical Partners LP concentrates on acquiring, developing, and operating facilities dedicated to ethylene production, along with related infrastructure, throughout the United States. These plants primarily function by converting ethane into ethylene. Furthermore, the partnership distributes a range of chemical co-products—such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen—directly to external buyers, conducting these sales through either immediate spot transactions or established contractual agreements. Westlake Chemical Partners GP LLC serves as the entity's general partner. The company was founded in 2014 and its corporate headquarters are located in Houston, Texas.

Valuation in context

P/E ratio
6.2
Near historic low
Near historic low — last 10 years
P/B ratio
1.0
Near historic high
Near historic highs — last 10 years
EV / EBITDA
2.5
Around average
Around the 10-year average
Dividend Yield
8.3%
Above average
Above the 10-year average
PEG ratio
0.4
Near historic low
Near historic low — last 10 years
FCF Yield
34.5%
Below average
Below the 10-year average
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