This summary was created by AI, based on 2 opinions in the last 12 months.
Westlake Chemical Partners LP (WLKP) is currently facing stagnation according to recent analyses, with a slight downward adjustment noted in its performance. The company operates petrochemical facilities in the U.S. and generates key products such as propylene and hydrogen from natural gas, benefiting from low natural gas prices that enhance margins. Analysts highlight a generous cash flow distribution back to investors, exceeding 90%, which is attractive for income-focused investors. The stock is trading at a price-to-earnings ratio of 14, showcasing a healthy return on equity of 40%. Although a price target of $25.33 is suggested by analysts, setting a stop-loss at $18 is recommended to mitigate potential losses while targeting an upside to $27, indicating a potential gain of 18% for investors.
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 2025-02-06, Westlake Chemical Partners LP (WLKP-N) stock closed at a price of $24.9.
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.