Westlake Chemical Partners LP WLKP

Morningstar Rating
$21.96 −0.19 (0.86%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

WLKP is trading at a LOCK|Yw<&< premium.
Price
$21.96
Fair Value
LOCK|.xHP<Y!K
Uncertainty
LOCK|#dqCX
1-Star Price
LOCK|.$hKmDn
5-Star Price
LOCK|.l@HS?@t
Economic Moat
LOCK|@#X<
Capital Allocation

News

Trading Information

Previous Close Price
$22.15
Day Range
$21.8622.52
52-Week Range
$17.8523.88
Bid/Ask
$21.02 / $22.97
Shares Outstanding
35.25M
Market Cap
$774.00M
Volume/Avg
25,465 / 26,232

Key Statistics

Price/Earnings (Normalized)
13.12
Price/Sales
0.64
Dividend Yield (Trailing)
8.59%
Dividend Yield (Forward)
8.59%
Total Yield
8.59%

Company Profile

Westlake Chemical Partners LP is a part of the chemical industry in the United States. Its operations are conducted through OpCo, it acquires and develops ethylene production facilities, which convert ethane into ethylene. OpCo sells ethylene and its co-products, such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen, to Westlake and other customers located in the United States. Its assets include three ethylene production facilities in Calvert City, Kentucky, and Lake Charles, Louisiana.
Sector
Basic Materials
Industry
Chemicals
Stock Style Box
Small Value
Total Number of Employees
0

Valuation

Metric
WLKP
Price/Earnings (Normalized)
13.12
Price/Book Value
3.07
Price/Sales
0.64
Price/Cash Flow
1.65
Price/Earnings
WLKP

Financial Strength

Metric
WLKP
Quick Ratio
3.57
Current Ratio
3.65
Interest Coverage
16.08
Quick Ratio
WLKP

Profitability

Metric
WLKP
Return on Assets (Normalized)
26.44%
Return on Equity (Normalized)
130.80%
Return on Invested Capital (Normalized)
30.05%
Return on Assets
WLKP

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