Westlake Chemical Partners LP

Westlake Chemical Partners LPverified

WLKP

Price:

$21.61

Market Cap:

$761.66M

Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. The company's ethylene production facilities primarily convert ethane into ethylene. It also sells ethylene co-products, including propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on either a spot or contract basis. Westlake Chemical Partners GP LLC serves as the general partner of the company. The company was incorporated in 2014 and is headquartered in Houston, Texas.

Industry

Chemicals

IPO Date

2014-07-30

Stock Exchange

NYSE

Ticker

WLKP

The PE Ratio as of February 2026 (TTM) for Westlake Chemical Partners LP (WLKP) is 15.55

According to Westlake Chemical Partners LP’s latest financial reports and current stock price. The company's current PE Ratio is 15.55. This represents a change of -22.91% compared to the average of 20.17 of the last 4 quarters.

Westlake Chemical Partners LP (WLKP) Historical PE Ratio (quarterly & annually)

How has WLKP PE Ratio performed in the past?

The mean historical PE Ratio of Westlake Chemical Partners LP over the last ten years is 13.88. The current 15.55 PE Ratio has changed 11.10% with respect to the historical average. Over the past ten years (40 quarters), WLKP's PE Ratio was at its highest in in the March 2025 quarter at 41.10. The PE Ratio was at its lowest in in the March 2020 quarter at 7.33.

Quarterly (TTM)
Annual

Average

13.88

Median

14.18

Minimum

11.46

Maximum

15.77

Westlake Chemical Partners LP (WLKP) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Westlake Chemical Partners LP PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 12.58%

Maximum Annual PE Ratio = 15.77

Minimum Annual Increase = -73.93%

Minimum Annual PE Ratio = 11.46

Quarterly (TTM)
Annual
YearPE RatioChange
202413.07-7.05%
202314.069.01%
202212.9012.58%
202111.46-9.66%
202012.68-15.13%
201914.94-5.22%
201815.778.32%
201714.561.71%
201614.31-5.03%
201515.07-73.93%

Westlake Chemical Partners LP (WLKP) Average PE Ratio

How has WLKP PE Ratio performed in the past?

The current PE Ratio of Westlake Chemical Partners LP (WLKP) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

13.34

5-year avg

12.83

10-year avg

13.88

Westlake Chemical Partners LP (WLKP) PE Ratio vs. Peers

How is WLKP’s PE Ratio compared to its peers?

Westlake Chemical Partners LP’s PE Ratio is greater than Green Plains Inc. (-4.98), greater than Cementos Pacasmayo S.A.A. (14.13), greater than Oil-Dri Corporation of America (12.30), greater than LSB Industries, Inc. (-1004.43), greater than AdvanSix Inc. (9.15), greater than Lightwave Logic, Inc. (-18.55), greater than Tronox Holdings plc (-3.38), greater than Kronos Worldwide, Inc. (-16.21), greater than Lithium Argentina AG (-12.86), greater than Graphjet Technology (-0.35),

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