Westlake Chemical Partners LP (WLKP-N)
NYSE:WLKP
22.48
0.48
(2.18%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 4 opinions in the last 12 months.
Westlake Chemical Partners LP (WLKP) has received mixed reviews from experts as of September 3, 2024. Analyst Michael O'Reilly has noted that while WLKP is progressing in some aspects, it has also triggered a stop-loss recommendation at $23 due to stagnation in performance. The company operates petrochemical facilities, leveraging low natural gas prices to enhance margins. Investors benefit significantly, with the company distributing over 90% of its cash flow back to them and yielding an 8.2% return. With a price-to-earnings ratio of 14x and a strong return on equity of 40%, WLKP has an analysts’ price target of $25.33, suggesting a potential upside of 18% from the current price. Traders are advised to remain disciplined and consider trailing stop-loss adjustments to mitigate risk.
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 : 3
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 3
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, 3 stock analysts published opinions about WLKP-N. 3 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 2025-04-11, Westlake Chemical Partners LP (WLKP-N) stock closed at a price of $22.48.
Our PAST TOP PICK with WLKP has triggered its stop at $23. To remain disciplined, we recommend covering the position at this time.