Westlake Chemical Partners LP (WLKP)
About Westlake Chemical Partners LP
Westlake Chemical Partners LP is a part of the chemical industry in the United States. Its operations are conducted through OpCo, it acquires and develops ethylene production facilities, which convert ethane into ethylene. OpCo sells ethylene and its co-products, such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen, to Westlake and other customers located in the United States. Its assets include three ethylene production facilities in Calvert City, Kentucky, and Lake Charles, Louisiana.
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Financial summary
- Revenue FY2025
- $1.2B
- Net income
- $48.7M
- Total assets
- $1.3B
- Market cap
- $815.6M
- Gross margin
- 29.8%
- Operating margin
- 27.4%
- Net margin
- 25.6%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $1.2B
- Cost of revenue
- $818.8M
- Gross profit
- $347.8M
- Operating expenses
- $28.3M
- Operating income
- $319.6M
- Income tax
- $547.0K
- Net income
- $298.6M
Balance sheet
- Total assets
- $1.3B
- Current assets
- $143.5M
- Total liabilities
- $454.2M
- Current liabilities
- $51.3M
- Shareholders’ equity
- $802.4M
Cash flow
- Operating cash flow
- $280.5M
- Investing cash flow
- $31.2M
- Financing cash flow
- -$325.7M
- Net cash flow
- -$14.0M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $815.6M
- Dividend yield
- 8.55%
- Shares outstanding
- 37.0M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Jul 30, 2014
Westlake Chemical Partners LP (WLKP) Stock Price
- Profitable — net income of $48.7M in FY2025.
- Revenue declined 4% from FY2021 to FY2025.
- Gross margin of 29.8%, net margin 25.6%.
- Trading 7% below its 52-week high.
- Pays a dividend yielding about 8.55% annually.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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Westlake Chemical Partners LP: frequently asked questions
Is Westlake Chemical Partners LP an American company?
Westlake Chemical Partners LP is a US-based company headquartered in Houston, Texas, listed in the americancompanies.com directory of American companies. Its American-origin credentials have not yet been independently verified.
Where is Westlake Chemical Partners LP headquartered?
Westlake Chemical Partners LP is headquartered in Houston, Texas, United States.
Is Westlake Chemical Partners LP publicly traded?
Yes — Westlake Chemical Partners LP is a publicly traded company. Its stock trades under the ticker symbol WLKP on the NYSE.
What does Westlake Chemical Partners LP do?
Westlake Chemical Partners LP is an American Industrial Supplies company in the Manufacturing & Industrial sector.
