Westlake Chemical Partners (NYSE:WLKP) Releases Quarterly Earnings Results

Posted by Brian Himes on Nov 4th, 2026

Westlake Chemical Partners (NYSE:WLKP – Get Free Report) announced its quarterly earnings results on Wednesday. The basic materials company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.16, FiscalAI reports. The company had revenue of $314.46 million during the quarter, compared to the consensus estimate of $336.33 million. Westlake Chemical Partners had a return on equity of 7.25% and a net margin of 4.66%.

Westlake Chemical Partners Stock Down 0.7%

Shares of WLKP traded down $0.16 during mid-day trading on Wednesday, hitting $21.62. 5,366 shares of the company’s stock were exchanged, compared to its average volume of 32,357. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.44 and a quick ratio of 3.36. Westlake Chemical Partners has a 52 week low of $17.75 and a 52 week high of $23.88. The company has a market cap of $762.11 million, a PE ratio of 13.26, a P/E/G ratio of 0.84 and a beta of 0.51. The company has a 50-day simple moving average of $21.39 and a 200 day simple moving average of $21.99.

Westlake Chemical Partners Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 13th will be given a dividend of $0.4714 per share. The ex-dividend date of this dividend is Friday, November 13th. This represents a $1.89 dividend on an annualized basis and a yield of 8.7%. Westlake Chemical Partners’s dividend payout ratio is 115.95%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on WLKP shares. Weiss Ratings lowered Westlake Chemical Partners from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, October 2nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $26.00 target price on shares of Westlake Chemical Partners in a report on Wednesday, September 9th. Finally, Wall Street Zen raised shares of Westlake Chemical Partners from a “hold” rating to a “buy” rating in a research note on Saturday. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $26.00.

View Our Latest Research Report on Westlake Chemical Partners

About Westlake Chemical Partners

(Get Free Report)

Westlake Chemical Partners LP (NYSE: WLKP) is a master limited partnership that owns, operates and acquires ethylene production assets. Ethylene is a basic petrochemical used in the manufacture of plastics, polymers and other industrial products.

The partnership’s operations are focused on ethylene production facilities in the United States, including assets in Louisiana and Kentucky. Its ethylene is sold primarily under long-term agreements to Westlake Corporation, its primary customer and sponsor, as well as to certain third-party customers.

Westlake Chemical Partners was formed in 2014 and became a publicly traded partnership that year.