This summary was created by AI, based on 3 opinions in the last 12 months.
Westlake Chemical Partners LP (WLKP) demonstrates a stable trajectory, as highlighted by multiple expert reviews. While one expert notes a 9.5% upward trend and emphasizes a strategic stop-loss adjustment from $21 to $23, another indicates a slight decline of 1.45%, suggesting the need for caution and adjusting expectations with a stop-loss revised from $18 to $21. Despite these fluctuations, WLKP's operations, which convert natural gas into valuable petrochemical products, benefit from low natural gas prices, thereby enhancing margins. The partnership not only has a strong cash flow return to investors but also trades at a competitive earnings multiple of 14x, complemented by an impressive return on equity at 40%. With an anticipated upside of 18% towards a price target of $27, experts view this stock positively, alongside its attractive yield of 8.2%.
Westlake Chemical Partners LP is a American stock, trading under the symbol WLKP-N on the New York Stock Exchange (WLKP). It is usually referred to as NYSE:WLKP or WLKP-N
In the last year, 2 stock analysts published opinions about WLKP-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Westlake Chemical Partners LP.
Westlake Chemical Partners LP was recommended as a Top Pick by on . Read the latest stock experts ratings for Westlake Chemical Partners LP.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Westlake Chemical Partners LP published on Stockchase.
On 2025-03-13, Westlake Chemical Partners LP (WLKP-N) stock closed at a price of $23.43.
Our PAST TOP PICK with WKLP is progressing well. To remain disciplined, we recommend trailing up the stop (from $21) to $23 at this time.