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Westlake Chemical Partners LP (WLKP-N)
NYSE:WLKP
23.43
0.19
(0.80%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
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%.
Stockchase Research Editor: Michael O'Reilly
WLKP operates petrochemical facilities in the US and produces products like propylene and hydrogen from natural gas. Low natural gas prices are increasing margins. It distributes over 90% of its cash flow back to investors. It trades at 14x earnings and supports a ROE of 40%. We recommend setting a stop-loss at $18, looking to achieve $27 -- upside potential of 18%. Yield 8.2%
(Analysts’ price target is $25.33)
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Westlake Chemical Partners LP(WLKP-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 2
Westlake Chemical Partners LP(WLKP-N) Frequently Asked Questions
What is Westlake Chemical Partners LP stock symbol?
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
Is Westlake Chemical Partners LP a buy or a sell?
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.
Is Westlake Chemical Partners LP a good investment or a top pick?
Westlake Chemical Partners LP was recommended as a Top Pick by on . Read the latest stock experts ratings for Westlake Chemical Partners LP.
Why is Westlake Chemical Partners LP stock dropping?
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.
Is Westlake Chemical Partners LP worth watching?
In the last year, there was no coverage of Westlake Chemical Partners LP published on Stockchase.
What is Westlake Chemical Partners LP stock price?
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.