Westlake Chemical Partners (WLKP) Expected to Release Earnings on Tuesday

Westlake Chemical Partners (NYSE:WLKPGet Free Report) is expected to post its Q2 2026 results before the market opens on Tuesday, August 4th. Analysts expect Westlake Chemical Partners to announce earnings of $0.42 per share and revenue of $537.00 million for the quarter. Interested persons may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Tuesday, August 4, 2026 at 1:00 PM ET.

Westlake Chemical Partners (NYSE:WLKPGet Free Report) last released its quarterly earnings results on Tuesday, May 5th. The basic materials company reported $0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.03). Westlake Chemical Partners had a net margin of 4.69% and a return on equity of 7.15%. The firm had revenue of $305.68 million for the quarter, compared to the consensus estimate of $522.00 million. On average, analysts expect Westlake Chemical Partners to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Westlake Chemical Partners Stock Down 0.9%

WLKP opened at $21.86 on Tuesday. The firm’s fifty day moving average is $22.58 and its 200 day moving average is $22.17. The company has a debt-to-equity ratio of 0.50, a quick ratio of 3.57 and a current ratio of 3.65. Westlake Chemical Partners has a fifty-two week low of $17.75 and a fifty-two week high of $23.88. The stock has a market cap of $770.57 million, a price-to-earnings ratio of 13.33, a price-to-earnings-growth ratio of 0.63 and a beta of 0.53.

Westlake Chemical Partners Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Thursday, May 14th were given a dividend of $0.4714 per share. This represents a $1.89 annualized dividend and a dividend yield of 8.6%. The ex-dividend date was Thursday, May 14th. Westlake Chemical Partners’s dividend payout ratio is currently 115.24%.

Hedge Funds Weigh In On Westlake Chemical Partners

Several institutional investors and hedge funds have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Westlake Chemical Partners by 6.0% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 583,932 shares of the basic materials company’s stock valued at $12,899,000 after buying an additional 32,863 shares during the period. Bank of America Corp DE increased its holdings in shares of Westlake Chemical Partners by 1.3% in the third quarter. Bank of America Corp DE now owns 255,275 shares of the basic materials company’s stock valued at $5,358,000 after purchasing an additional 3,200 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Westlake Chemical Partners by 3.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 228,885 shares of the basic materials company’s stock valued at $5,285,000 after acquiring an additional 8,424 shares during the last quarter. Advisory Services Network LLC grew its stake in shares of Westlake Chemical Partners by 17.1% in the 4th quarter. Advisory Services Network LLC now owns 48,000 shares of the basic materials company’s stock valued at $912,000 after buying an additional 7,000 shares during the period. Finally, LPL Financial LLC increased its stake in Westlake Chemical Partners by 1.7% during the fourth quarter. LPL Financial LLC now owns 33,708 shares of the basic materials company’s stock worth $640,000 after acquiring an additional 579 shares during the last quarter. Institutional investors and hedge funds own 78.28% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of Westlake Chemical Partners from a “hold (c)” rating to a “buy (b-)” rating in a research report on Thursday, May 21st. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Get Our Latest Research Report on WLKP

About Westlake Chemical Partners

(Get Free Report)

Westlake Chemical Partners LP (NYSE: WLKP) is a publicly traded master limited partnership sponsored by Westlake Chemical Corporation. The partnership owns, operates and acquires a portfolio of ethylene and vinyl manufacturing assets throughout the United States and the United Kingdom. As a downstream producer of basic chemicals and intermediates, WLKP supplies key industrial feedstocks to customers in a variety of end markets.

WLKP’s operations are organized into two primary segments: olefins and vinyls.

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Earnings History for Westlake Chemical Partners (NYSE:WLKP)

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