WLKP RSI Chart
Last 7 days
-0.5%
Last 30 days
2.5%
Last 90 days
-0.1%
Trailing 12 Months
3.9%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 1.2B | 0 | 0 | 0 |
2023 | 1.5B | 1.4B | 1.3B | 1.2B |
2022 | 1.3B | 1.4B | 1.6B | 1.6B |
2021 | 984.3M | 1.1B | 1.1B | 1.2B |
2020 | 1.0B | 1.0B | 993.8M | 966.7M |
2019 | 1.3B | 1.3B | 1.2B | 1.1B |
2018 | 1.2B | 1.2B | 1.3B | 1.3B |
2017 | 1.0B | 1.1B | 1.2B | 1.2B |
2016 | 1.0B | 960.6M | 941.3M | 986.7M |
2015 | 1.4B | 1.2B | 1.0B | 1.0B |
2014 | 0 | 0 | 0 | 1.7B |
2013 | 0 | 0 | 0 | 0 |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
May 08, 2024 | kenner andrew | bought | 221,000 | 22.1 | 10,000 | svp, olefin material & corp pr |
Mar 28, 2024 | kenner andrew | bought | 111,150 | 22.23 | 5,000 | svp, olefin material & corp pr |
Mar 21, 2024 | kenner andrew | bought | 93,736 | 22.16 | 4,230 | svp, olefin material & corp pr |
Mar 06, 2024 | kenner andrew | bought | 111,500 | 22.3 | 5,000 | svp, olefin material & corp pr |
Feb 22, 2024 | kenner andrew | bought | 221,160 | 22.116 | 10,000 | svp, olefin material & corp pr |
Nov 09, 2023 | kenner andrew | bought | 107,400 | 21.48 | 5,000 | svp, olefin material & corp pr |
Nov 06, 2023 | kenner andrew | bought | 220,180 | 22.018 | 10,000 | svp, olefin material & corp pr |
Aug 29, 2023 | kenner andrew | bought | 227,380 | 22.738 | 10,000 | svp, olefin material & corp pr |
Aug 22, 2023 | kenner andrew | bought | 262,304 | 22.301 | 11,762 | svp, olefin material & corp pr |
Aug 21, 2023 | kenner andrew | bought | 14,216 | 22.11 | 643 | svp, olefin material & corp pr |
Which funds bought or sold WLKP recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 15, 2024 | MORGAN STANLEY | reduced | -4.88 | -106,457 | 4,207,280 | -% |
May 15, 2024 | SCOPUS ASSET MANAGEMENT, L.P. | new | - | 1,575,960 | 1,575,960 | 0.03% |
May 15, 2024 | Hilltop Holdings Inc. | reduced | -1.61 | 5,230 | 594,738 | 0.06% |
May 15, 2024 | SHAPIRO CAPITAL MANAGEMENT LLC | unchanged | - | 9,570 | 386,280 | 0.01% |
May 15, 2024 | EAGLE GLOBAL ADVISORS LLC | unchanged | - | 24,131 | 973,981 | 0.06% |
May 15, 2024 | Royal Bank of Canada | unchanged | - | 1,000 | 74,000 | -% |
May 15, 2024 | GOLDMAN SACHS GROUP INC | added | 1.28 | 114,894 | 3,098,630 | -% |
May 15, 2024 | CITADEL ADVISORS LLC | reduced | -30.19 | -299,088 | 753,557 | -% |
May 15, 2024 | Mariner, LLC | reduced | -35.17 | -149,611 | 296,747 | -% |
May 15, 2024 | Energy Income Partners, LLC | reduced | -3.37 | -413,289 | 44,657,900 | 0.91% |
Unveiling Westlake Chemical Partners LP's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Westlake Chemical Partners LP News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -4.2% | 285 | 297 | 322 | 264 | 308 | 367 | 415 | 449 | 362 | 330 | 294 | 322 | 268 | 246 | 232 | 239 | 251 | 273 | 250 | 270 | 299 |
Gross Profit | 1.5% | 102 | 101 | 93.00 | 88.00 | 106 | 98.00 | 90.00 | 97.00 | 91.00 | 147 | 76.00 | 131 | 88.00 | 85.00 | 100 | 90.00 | 104 | 104 | 93.00 | 92.00 | 91.00 |
S&GA Expenses | -10.0% | 7.00 | 8.00 | 7.00 | 7.00 | 8.00 | 3.00 | 9.00 | 10.00 | 8.00 | 6.00 | 8.00 | 8.00 | 9.00 | 7.00 | 6.00 | 6.00 | 6.00 | 8.00 | 7.00 | 8.00 | 7.00 |
EBITDA Margin | 1.9% | 0.38* | 0.37* | 0.36* | 0.33* | 0.30* | 0.29* | 0.32* | 0.34* | 0.40* | 0.42* | 0.40* | 0.44* | 0.44* | - | - | - | - | - | - | - | - |
Income Taxes | 1.9% | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.10 | 0.00 | 0.00 | 0.00 | -0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Earnings Before Taxes | 3.0% | 90.00 | 87.00 | 81.00 | 75.00 | 92.00 | 91.00 | 79.00 | 85.00 | 81.00 | 139 | 66.00 | 121 | 77.00 | 75.00 | 92.00 | 81.00 | 94.00 | 92.00 | 83.00 | 80.00 | 79.00 |
EBT Margin | 1.4% | 0.29* | 0.28* | 0.27* | 0.25* | 0.23* | 0.21* | 0.25* | 0.26* | 0.31* | 0.33* | 0.30* | 0.34* | 0.33* | - | - | - | - | - | - | - | - |
Net Income | 126.6% | 15.00 | -55.67 | 13.00 | 75.00 | 91.00 | -49.53 | 15.00 | 84.00 | 81.00 | -48.82 | 13.00 | 120 | 77.00 | 15.00 | 19.00 | 80.00 | 94.00 | 17.00 | 15.00 | 14.00 | 15.00 |
Net Income Margin | -60.9% | 0.04* | 0.10* | 0.10* | 0.10* | 0.09* | 0.08* | 0.08* | 0.09* | 0.13* | 0.13* | 0.20* | 0.22* | 0.19* | - | - | - | - | - | - | - | - |
Free Cashflow | 0.0% | 95.00 | 95.00 | 84.00 | 94.00 | 132 | 114 | 102 | 109 | 84.00 | -20.82 | 88.00 | 117 | 143 | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -1.7% | 1,295 | 1,317 | 1,342 | 1,336 | 1,343 | 1,372 | 1,431 | 1,462 | 1,454 | 1,481 | 1,361 | 1,402 | 1,357 | 1,356 | 1,382 | 1,369 | 1,383 | 1,393 | 1,407 | 1,411 | 1,631 |
Current Assets | -0.8% | 224 | 226 | 231 | 221 | 232 | 246 | 284 | 302 | 275 | 281 | 291 | 337 | 279 | 263 | 278 | 246 | 242 | 238 | 237 | 222 | 429 |
Cash Equivalents | -4.9% | 56.00 | 59.00 | 66.00 | 59.00 | 105 | 65.00 | 19.00 | 18.00 | 19.00 | 17.00 | 19.00 | 18.00 | 17.00 | 17.00 | 23.00 | 24.00 | 24.00 | 20.00 | 19.00 | 17.00 | 85.00 |
Inventory | 9.7% | 5.00 | 4.00 | 4.00 | 3.00 | 5.00 | 5.00 | 5.00 | 7.00 | 8.00 | 9.00 | 7.00 | 5.00 | 3.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 4.00 | 4.00 | 4.00 |
Net PPE | -1.8% | 927 | 944 | 959 | 963 | 977 | 990 | 1,007 | 1,017 | 1,031 | 1,044 | 1,022 | 1,030 | 1,039 | 1,051 | 1,061 | 1,077 | 1,092 | 1,103 | 1,113 | 1,129 | 1,138 |
Goodwill | 0% | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 |
Liabilities | -3.0% | 447 | 461 | 480 | 468 | 453 | 468 | 479 | 493 | 478 | 508 | 456 | 450 | 444 | 441 | 443 | 433 | 433 | 441 | 444 | 439 | 651 |
Current Liabilities | -23.5% | 43.00 | 56.00 | 76.00 | 66.00 | 51.00 | 67.00 | 78.00 | 92.00 | 454 | 107 | 55.00 | 49.00 | 43.00 | 40.00 | 42.00 | 31.00 | 31.00 | 39.00 | 41.00 | 36.00 | 47.00 |
Shares Outstanding | - | - | - | - | - | - | - | - | - | - | 35.00 | - | - | - | 35.00 | - | - | - | 34.00 | - | - | 32.00 |
Float | - | - | - | - | 420 | - | - | - | 483 | - | - | - | 521 | - | - | - | 367 | - | - | - | 474 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -2.9% | 105 | 108 | 101 | 99.00 | 145 | 123 | 115 | 121 | 105 | 22.00 | 99.00 | 132 | 155 | 33.00 | 117 | 113 | 111 | 116 | 121 | 100 | 113 |
Cashflow From Investing | 57.2% | -9.77 | -22.84 | -6.81 | -46.51 | 0.00 | 62.00 | -19.12 | -29.99 | -25.34 | 47.00 | 15.00 | -49.54 | -76.62 | 60.00 | -28.57 | -18.61 | -10.99 | -11.72 | -28.45 | 122 | -139 |
Cashflow From Financing | -6.1% | -97.65 | -92.08 | -87.68 | -97.18 | -105 | -139 | -95.27 | -91.73 | -77.29 | -70.51 | -113 | -81.79 | -78.65 | -98.90 | -88.87 | -94.61 | -95.81 | -102 | -91.86 | -289 | 91.00 |
Consolidated Statements of Operations - USD ($) $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Total net sales | $ 284,673 | $ 307,677 |
Cost of sales | 182,493 | 201,604 |
Gross profit | 102,180 | 106,073 |
Selling, general and administrative expenses | 7,077 | 7,914 |
Income from operations | 95,103 | 98,159 |
Other income (expense) | ||
Other income, net | 1,334 | 820 |
Income before income taxes | 89,856 | 91,664 |
Provision for income taxes | 210 | 212 |
Net income | 89,646 | 91,452 |
Less: Net income attributable to noncontrolling interest in OpCo | 74,813 | 76,560 |
Net income attributable to Westlake Chemical Partners LP and limited partners' interest in net income | $ 14,833 | $ 14,892 |
Net income per limited partner unit attributable to Westlake Chemical Partners LP (basic and diluted) | ||
Weighted average limited partner units outstanding (basic and diluted) (in units) | 35,228,134 | 35,221,868 |
Common units | ||
Other income (expense) | ||
Net income attributable to Westlake Chemical Partners LP and limited partners' interest in net income | $ 14,833 | $ 14,892 |
Net income per limited partner unit attributable to Westlake Chemical Partners LP (basic and diluted) | ||
Common units (in usd per share) | $ 0.42 | $ 0.42 |
Diluted (in usd per share) | $ 0.42 | $ 0.42 |
Weighted average limited partner units outstanding (basic and diluted) (in units) | 35,228,134 | 35,221,868 |
Common units | Westlake | ||
Net income per limited partner unit attributable to Westlake Chemical Partners LP (basic and diluted) | ||
Weighted average limited partner units outstanding (basic and diluted) (in units) | 14,122,230 | 14,122,230 |
Publicly and Privately Held | Common units | ||
Net income per limited partner unit attributable to Westlake Chemical Partners LP (basic and diluted) | ||
Weighted average limited partner units outstanding (basic and diluted) (in units) | 21,105,904 | 21,099,638 |
Affiliated Entity | ||
Net co-products, ethylene and other sales—third parties | $ 235,209 | $ 257,471 |
Affiliated Entity | Westlake | ||
Selling, general and administrative expenses | 6,099 | 6,671 |
Other income (expense) | ||
Interest expense | (6,581) | (7,315) |
Nonrelated Party | ||
Net co-products, ethylene and other sales—third parties | $ 49,464 | $ 50,206 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 55,760 | $ 58,619 |
Receivable under the Investment Management Agreement—Westlake Corporation ("Westlake") | 94,477 | 94,444 |
Receivables, Net, Current | 27,228 | 18,701 |
Inventories | 4,860 | 4,432 |
Prepaid expenses and other current assets | 257 | 442 |
Total current assets | 224,348 | 226,203 |
Property, plant and equipment, net | 926,813 | 943,843 |
Goodwill | 5,814 | 5,814 |
Deferred charges and other assets, net | 138,101 | 140,982 |
Total assets | 1,295,076 | 1,316,842 |
Current liabilities | ||
Accrued and other liabilities | 19,801 | 24,980 |
Total current liabilities | 43,083 | 56,335 |
Deferred income taxes | 1,664 | 1,632 |
Other liabilities | 2,410 | 2,951 |
Total liabilities | 446,831 | 460,592 |
Commitments and contingencies (Note 12) | ||
EQUITY | ||
Total Westlake Chemical Partners LP partners' capital | 278,160 | 279,934 |
Noncontrolling interest in Westlake Chemical OpCo LP ("OpCo") | 570,085 | 576,316 |
Total equity | 848,245 | 856,250 |
Total liabilities and equity | 1,295,076 | 1,316,842 |
Publicly and Privately Held | Common units | ||
EQUITY | ||
Common unitholders | 472,450 | 473,513 |
Westlake | ||
EQUITY | ||
General partner—Westlake | (242,572) | (242,572) |
Westlake | Common units | ||
EQUITY | ||
Common unitholders | 48,282 | 48,993 |
Affiliated Entity | ||
Current assets | ||
Accounts receivable, net | 41,766 | 49,565 |
Current liabilities | ||
Accounts payable | 8,439 | 15,166 |
Affiliated Entity | Westlake | ||
Current liabilities | ||
Long-term debt payable to Westlake | 399,674 | 399,674 |
Nonrelated Party | ||
Current assets | ||
Receivables, Net, Current | 27,228 | 18,701 |
Current liabilities | ||
Accounts payable | $ 14,843 | $ 16,189 |