Westlake Chemical Partners LP (WLKP)
Company Info
| ISIN | US9604171036 |
|---|---|
| CUSIP | 960417103 |
| Sector | Basic Materials |
| Industry | Chemicals |
Highlights
| Market Cap | $788.81M |
|---|---|
| EPS (TTM) | $1.61 |
| PE Ratio | 13.91 |
| PEG Ratio | 0.23 |
| Total Revenue (TTM) | $1.19B |
| Gross Profit (TTM) | $397.08M |
| EBITDA (TTM) | $452.40M |
| Year Range | $19.22 - $23.19 |
| Target Price | $25.33 |
| Short % | 0.59% |
| Short Ratio | 4.63 |
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: WLKP vs. APD, WLKP vs. CE
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.
Returns By Period
Westlake Chemical Partners LP had a return of 10.11% year-to-date (YTD) and 9.45% in the last 12 months. Over the past 10 years, Westlake Chemical Partners LP had an annualized return of 3.55%, while the S&P 500 had an annualized return of 10.67%, indicating that Westlake Chemical Partners LP did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 10.11% | 15.38% |
| 1 month | -0.61% | 5.03% |
| 6 months | 3.81% | 6.71% |
| 1 year | 9.45% | 23.24% |
| 5 years (annualized) | 9.90% | 13.10% |
| 10 years (annualized) | 3.55% | 10.67% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 7.99% | -2.92% | -0.18% | -1.53% | 9.24% | -3.38% | 1.55% | 1.25% | 10.11% | ||||
| 2023 | 8.77% | -8.56% | -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% | -1.03% | -6.00% | 1.69% | -3.42% | -10.45% | 7.35% | 2.35% | 1.51% | -5.77% |
| 2021 | -0.08% | 0.65% | 2.17% | 11.87% | 2.67% | -0.70% | -0.74% | -0.83% | -6.53% | 5.67% | -8.32% | 16.03% | 21.20% |
| 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% | -0.82% |
| 2019 | -5.26% | 1.65% | -0.39% | -1.36% | 2.75% | 9.00% | -4.43% | -8.08% | 9.83% | -1.29% | -1.33% | 19.06% | 18.54% |
| 2018 | -3.01% | -5.24% | -0.89% | 0.89% | 4.99% | 5.38% | 7.96% | -1.71% | -2.73% | -7.03% | -0.07% | 6.21% | 3.55% |
| 2017 | 16.63% | 0.96% | 0.00% | 0.60% | -2.57% | 1.85% | 0.20% | -1.95% | -5.22% | -1.98% | 0.56% | 13.41% | 22.34% |
| 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% | -5.43% | 2.33% | -5.21% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of WLKP is 64, suggesting that the investment has average results relative to other stocks in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
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.
Dividends
Dividend History
Westlake Chemical Partners LP granted a 8.42% dividend yield in the last twelve months. The annual payout for that period amounted to $1.89 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.89 | $1.89 | $1.89 | $1.89 | $1.89 | $1.80 | $1.61 | $1.44 | $1.29 | $1.15 | $0.17 |
Dividend yield | 8.42% | 8.71% | 8.02% | 7.02% | 7.91% | 6.81% | 6.69% | 5.77% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.47 | $0.00 | $0.00 | $0.47 | $0.00 | $0.00 | $0.47 | $0.00 | $1.41 | |||
| 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 | $1.89 |
| 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 | $1.89 |
| 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 | $1.89 |
| 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 | $1.89 |
| 2019 | $0.00 | $0.43 | $0.00 | $0.00 | $0.45 | $0.00 | $0.00 | $0.46 | $0.00 | $0.00 | $0.46 | $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 | $0.35 | $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
Payout Ratio
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.
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 6.13%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -60.17% | Jan 2, 2020 | 53 | Mar 18, 2020 | 220 | Feb 1, 2021 | 273 |
| -50.75% | Sep 5, 2014 | 312 | Nov 30, 2015 | 672 | Aug 1, 2018 | 984 |
| -29.23% | Apr 21, 2022 | 109 | Sep 26, 2022 | — | — | — |
| -23.47% | Aug 6, 2018 | 94 | Dec 18, 2018 | 257 | Dec 26, 2019 | 351 |
| -14.23% | Aug 12, 2021 | 78 | Dec 1, 2021 | 21 | Dec 31, 2021 | 99 |
Volatility
Volatility Chart
The current Westlake Chemical Partners LP volatility is 3.24%, 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.
Financials
Financial Performance
Valuation
The Valuation section provides an assessment of the market value of Westlake Chemical Partners LP compared to its peers in the Chemicals industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for WLKP in comparison to other companies of the Chemicals industry. Currently, WLKP has a PE value of 13.9. This PE value is considered to be low compared to the rest of the industry.PEG Ratio
The chart displays the price to earnings to growth (PEG) ratio for WLKP in comparison to other companies of the Chemicals industry. Currently, WLKP has a PEG value of 0.2. This PEG ratio falls in the average range for the industry.Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Westlake Chemical Partners LP.
Loading data...
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 | — |