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Westlake Chemical Partners LP (WLKP)

Westlake Chemical Partners LP concentrates on acquiring, developing, and operating facilities dedicated to ethylene production, along with related infrastructure, throughout the United States. These plants primarily function by converting ethane into ethylene. Furthermore, the partnership distributes a range of chemical co-products—such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen—directly to external buyers, conducting these sales through either immediate spot transactions or established contractual agreements. Westlake Chemical Partners GP LLC serves as the entity's general partner. The company was founded in 2014 and its corporate headquarters are located in Houston, Texas.

Sector: Industrial Organic Chemicals

Industry: Chemicals

Westlake Chemical Partners LP logo

Westlake Chemical Partners LP

NYSE:WLKPBasic Materials
-0.09%$21.13
AH Close$21.13+0.00%vs close
Mkt Cap$744.75M
Float20.84M
O/S35.25M
Inst Own29.1%
Div Yield8.92%
Dilution
Historical Data
DateOpenHighLowCloseVolume
Key Metrics
Market Cap$744.75M
Enterprise Value--
P/E Ratio--
Est. Net Cash/Share--
Institutional Ownership29.12%

based on 35.25M shares outstanding

SectorBasic Materials
IndustryChemicals
ExchangeNYSE
CountryUSUS
IPO DateJul 30, 2014
Shares Outstanding35.25M
Float20.84M
Company Overview

Westlake Chemical Partners LP concentrates on acquiring, developing, and operating facilities dedicated to ethylene production, along with related infrastructure, throughout the United States. These plants primarily function by converting ethane into ethylene. Furthermore, the partnership distributes a range of chemical co-products—such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen—directly to external buyers, conducting these sales through either immediate spot transactions or established contractual agreements. Westlake Chemical Partners GP LLC serves as the entity's general partner.

The company was founded in 2014 and its corporate headquarters are located in Houston, Texas.

Leadership

Albert Yuan Chao

Executive Chairman of the Board Westlake Chemical Partners GP LLC

Jean-Marc Gilson

President, CEO & Director of Westlake Chemical Partners GP LLC

Jeffrey A. Holy

Vice President of Finance and Investor Relations

L. Benjamin Ederington

Executive Vice President of Legal & External Affairs and Director of Westlake Chemical Partners GP LLC

Employees

2K+

Country

US

Sector

Basic Materials

Website

wlkpartners.com

Analyst Coverage
Analyst Coverage
ConsensusHold
Price Target (median, last 90d)
$26.00+23.0%
Low $26High $26
Ratings Distribution
BUY
3
HOLD
7
SELL
0
TOTAL10
Insider Trades
InsiderTypeShares
FINLEY G STEPHEN profile photoFINLEY G STEPHENGrant/Award5.0K
WOELFEL RANDY profile photoWOELFEL RANDYGrant/Award5.0K
Friel Lisa A. profile photoFriel Lisa A.Grant/Award5.0K
Friel Lisa A. profile photoFriel Lisa A.Option Exercise5.0K
Friel Lisa A. profile photoFriel Lisa A.Withholding/Transfer2.5K
WOELFEL RANDY profile photoWOELFEL RANDYOption Exercise5.0K
Shareholders
29.1%
Institutional
(59)
0.2%
Insiderⓘ
(5)
0.0%
5%+ Owners
(0)
70.6%
Unattributed (incl. retail)ⓘ
Institutional29.1%
Insider0.2%
Unattributed (incl. retail)70.6%
Sources: 13F, Form 4, 13D/13GO/S: 35.2M · as of 29 Jul 2026 · SEC cover page
Insiders & Institutional Holders
52-Week Range
$17.75$23.88
$21.13(55th percentile)
Volume
Average Daily Volume19.91K
9.35K today vs 19.91K avg(-53%)

30d Avg

19.91K

60d Avg

21.04K

90d Avg

26.95K

Earnings
Dividend History
TTM Yield
8.92%
Paid quarterly
Annual (LTM)
$1.89
Latest
$0.4714
Aug 13, 26
5Y Growth
+0.00%
per year
Compliance Status
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