WLKP — Westlake Chemical Partners LP
NYSE · Basic Materials · Chemicals
$21.73
+$0.09 (+0.42%)
Westlake Chemical Partners LP (WLKP) is a chemicals company listed on NYSE. It is led by Jean-Marc Gilson, based in 2801 Post Oak Boulevard, Houston, TX, United States, 77056. Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. The company's ethylene production facilities which primarily convert ethane into ethylene. It also sells ethylene co-products, such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on either a spot or contract basis. Westlake Chemical Partners GP LLC serves as the general partner of the company. Westlake Chemical Partners LP was founded in 1991 and is headquartered in Houston, Texas.
Latest reported WLKP revenue for 2025-09-30 was $308.9M. Net income was $86.2M. Revenue was up 4.0% from 2025-06-30 to 2025-09-30. WLKP currently screens at market cap $791.5M and trailing P/E 15.1.
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About Westlake Chemical Partners LP
Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. The company's ethylene production facilities which primarily convert ethane into ethylene. It also sells ethylene co-products, such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on either a spot or contract basis. Westlake Chemical Partners GP LLC serves as the general partner of the company. Westlake Chemical Partners LP was founded in 1991 and is headquartered in Houston, Texas.
WLKP Key Statistics
Market Cap
$791.46M
Volume
5,295
Previous Close
$21.48
Day Range
$21.51 – $21.65
P/E Ratio
15.07
EPS
$0.00
Revenue
$1.14B
Net Income
$369.16M
Gross Profit
$0.00
Free Cash Flow
$0.00
Dividend Yield
8.54%
Revenue Growth
-4.6%
Profit Margin
32.5%
WLKP Financials
Annual income statement in USD. Latest reported periods first.
| Line | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Revenue | $1.14B | $1.19B | $1.59B | $1.21B |
| Cost of Revenue | $0.00 | $0.00 | $0.00 | $0.00 |
| Gross Profit | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Net Income | $369.16M | $334.63M | $334.83M | $401.38M |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | $0.00 |
Total Assets
$1.29B
Total Debt
$0.00
Shareholders' Equity
$0.00
Cash & Equivalents
$58.32M
Operating Cash Flow
$485.00M
Free Cash Flow
$0.00
Westlake Chemical Partners LP Company Information
- President, CEO & Director
- Jean-Marc Gilson
- Headquarters
- 2801 Post Oak Boulevard, Houston, TX, United States, 77056
- Website
- www.wlkpartners.com
- Phone
- 713 585 2900
- IPO / Founded
- 2014-07-30
- Sector
- Basic Materials
- Industry
- Chemicals