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Westlake Chemical Partners LP (WLKP)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

US9604171036

CUSIP

960417103

Industry

Chemicals

IPO Date

Jul 30, 2014

Highlights

Market Cap

$820.00M

EPS (TTM)

$1.49

PE Ratio

15.54

PEG Ratio

0.23

Total Revenue (TTM)

$1.09B

Gross Profit (TTM)

$370.84M

EBITDA (TTM)

$400.96M

Year Range

$20.30 - $25.04

Target Price

$25.67

Short %

0.55%

Short Ratio

3.13

Share Price Chart


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Compare to other instruments

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Popular comparisons:
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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Westlake Chemical Partners LP, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


50.00%100.00%150.00%200.00%December2025FebruaryMarchAprilMay
61.28%
187.50%
WLKP (Westlake Chemical Partners LP)
Benchmark (^GSPC)

Returns By Period

Westlake Chemical Partners LP (WLKP) returned 2.19% year-to-date (YTD) and 14.51% over the past 12 months. Over the past 10 years, WLKP returned 9.05% annually, underperforming the S&P 500 benchmark at 10.43%.


WLKP

YTD

2.19%

1M

7.36%

6M

7.29%

1Y

14.51%

5Y*

12.08%

10Y*

9.05%

^GSPC (Benchmark)

YTD

-3.70%

1M

13.67%

6M

-5.18%

1Y

9.18%

5Y*

14.14%

10Y*

10.43%

*Annualized

Monthly Returns

The table below presents the monthly returns of WLKP, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20255.45%0.26%-3.79%1.30%-0.81%2.19%
20247.99%-2.92%-0.18%-1.53%9.24%-3.38%1.55%1.25%-1.45%0.40%7.89%-2.65%16.21%
20238.77%-8.57%-4.05%1.95%-2.10%0.93%4.70%3.35%-5.39%-1.43%7.97%-4.41%0.11%
2022-0.63%0.34%2.93%0.63%-1.04%-6.00%1.69%-3.42%-10.45%7.35%2.35%1.51%-5.77%
2021-0.08%0.65%2.17%11.86%2.67%-0.70%-0.74%-0.83%-6.53%5.67%-8.32%16.03%21.19%
2020-12.61%-8.62%-28.50%21.65%16.92%-7.61%0.95%8.51%-7.41%-3.36%20.07%12.29%-0.83%
2019-5.26%1.65%-0.40%-1.36%2.75%9.00%-4.43%-8.08%9.83%-1.29%-1.33%19.06%18.54%
2018-3.01%-5.25%-0.89%0.89%5.00%5.38%7.96%-1.71%-2.73%-7.03%-0.07%6.21%3.55%
201716.63%0.96%0.00%0.60%-2.57%1.85%0.20%-1.95%-5.22%-1.98%0.56%13.41%22.35%
2016-13.89%-11.03%17.89%-2.84%22.08%-13.09%9.41%8.00%-1.85%-7.62%1.22%3.10%4.09%
2015-12.59%6.44%0.49%7.46%-23.18%-0.41%-1.61%-7.43%-10.39%3.26%-12.32%42.36%-19.15%
2014-1.40%0.07%-4.51%3.97%-5.44%2.33%-5.21%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 80, WLKP is among the top 20% of stocks on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of WLKP is 8080
Overall Rank
The Sharpe Ratio Rank of WLKP is 8484
Sharpe Ratio Rank
The Sortino Ratio Rank of WLKP is 7575
Sortino Ratio Rank
The Omega Ratio Rank of WLKP is 7373
Omega Ratio Rank
The Calmar Ratio Rank of WLKP is 8585
Calmar Ratio Rank
The Martin Ratio Rank of WLKP is 8383
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Westlake Chemical Partners LP (WLKP) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The current Westlake Chemical Partners LP Sharpe ratio is 0.98. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Westlake Chemical Partners LP with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.001.002.003.00December2025FebruaryMarchAprilMay
0.98
0.48
WLKP (Westlake Chemical Partners LP)
Benchmark (^GSPC)

Dividends

Dividend History

Westlake Chemical Partners LP provided a 8.12% dividend yield over the last twelve months, with an annual payout of $1.88 per share. The company has been increasing its dividends for 10 consecutive years.


0.00%2.00%4.00%6.00%8.00%$0.00$0.50$1.00$1.50$2.0020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$1.88$1.88$1.88$1.88$1.88$1.88$1.80$1.61$1.44$1.29$1.15$0.17

Dividend yield

8.12%8.14%8.70%8.02%7.01%7.90%6.82%6.69%5.78%5.94%5.18%0.59%

Monthly Dividends

The table displays the monthly dividend distributions for Westlake Chemical Partners LP. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.47$0.00$0.00$0.00$0.47
2024$0.00$0.47$0.00$0.00$0.47$0.00$0.00$0.47$0.00$0.00$0.47$0.00$1.88
2023$0.00$0.47$0.00$0.00$0.47$0.00$0.00$0.47$0.00$0.00$0.47$0.00$1.88
2022$0.00$0.47$0.00$0.00$0.47$0.00$0.00$0.47$0.00$0.00$0.47$0.00$1.88
2021$0.00$0.47$0.00$0.00$0.47$0.00$0.00$0.47$0.00$0.00$0.47$0.00$1.88
2020$0.47$0.00$0.00$0.00$0.47$0.00$0.00$0.47$0.00$0.00$0.47$0.00$1.88
2019$0.00$0.43$0.00$0.00$0.45$0.00$0.00$0.46$0.00$0.00$0.47$0.00$1.80
2018$0.00$0.39$0.00$0.00$0.40$0.00$0.00$0.41$0.00$0.00$0.42$0.00$1.61
2017$0.00$0.35$0.00$0.00$0.36$0.00$0.00$0.37$0.00$0.00$0.38$0.00$1.44
2016$0.00$0.31$0.00$0.00$0.32$0.00$0.00$0.33$0.00$0.00$0.34$0.00$1.29
2015$0.00$0.28$0.00$0.00$0.28$0.00$0.00$0.29$0.00$0.00$0.30$0.00$1.15
2014$0.17$0.00$0.17

Dividend Yield & Payout


Dividend Yield

Westlake Chemical Partners LP has a dividend yield of 8.12%, which means its dividend payment is significantly above the market average.

Payout Ratio

Westlake Chemical Partners LP has a payout ratio of 126.47%, which is above the market average. This might signify the company's strong earnings or financial health. However, it could also hint at a more mature business phase with potentially slower growth.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-5.03%
-7.82%
WLKP (Westlake Chemical Partners LP)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Westlake Chemical Partners LP. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Westlake Chemical Partners LP was 60.17%, occurring on Mar 18, 2020. Recovery took 220 trading sessions.

The current Westlake Chemical Partners LP drawdown is 5.03%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-60.17%Jan 2, 202053Mar 18, 2020220Feb 1, 2021273
-50.75%Sep 5, 2014312Nov 30, 2015672Aug 1, 2018984
-29.23%Apr 21, 2022109Sep 26, 2022544Nov 22, 2024653
-23.47%Aug 6, 201894Dec 18, 2018257Dec 26, 2019351
-14.23%Aug 12, 202178Dec 1, 202121Dec 31, 202199

Volatility

Volatility Chart

The current Westlake Chemical Partners LP volatility is 7.84%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%December2025FebruaryMarchAprilMay
7.84%
11.21%
WLKP (Westlake Chemical Partners LP)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of Westlake Chemical Partners LP over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Earnings Per Share

The chart presents the Earnings Per Share (EPS) performance of Westlake Chemical Partners LP, comparing actual results with analytics estimates. In the past quarter, the company did not meet analyst expectations for EPS, resulting in a surprise of -66.5%.


0.200.400.600.8020212022202320242025
0.14
0.42
Actual
Estimate

Valuation

The Valuation section provides an overview of how Westlake Chemical Partners LP is priced in the market compared to other companies in the Chemicals industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for WLKP, comparing it with other companies in the Chemicals industry. Currently, WLKP has a P/E ratio of 15.5. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.

PEG Ratio

The chart shows the Price/Earnings to Growth (PEG) ratio for WLKP compared to other companies in the Chemicals industry. WLKP currently has a PEG ratio of 0.2. This PEG ratio is low compared to industry peers, which could indicate the stock is undervalued relative to its expected growth.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for WLKP relative to other companies in the Chemicals industry. Currently, WLKP has a P/S ratio of 0.7. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for WLKP in comparison with other companies in the Chemicals industry. Currently, WLKP has a P/B value of 3.0. This P/B ratio is higher than most companies in the industry. It may suggest the stock is overvalued or that investors expect the company to generate high returns on its assets.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items