WLKP RSI Chart
Last 7 days
-1.5%
Last 30 days
-0.1%
Last 90 days
2.3%
Trailing 12 Months
3.3%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
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 |
---|---|---|---|---|---|---|
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 |
Aug 17, 2023 | kenner andrew | bought | 110,410 | 22.082 | 5,000 | svp, olefin material & corp pr |
Aug 16, 2023 | kenner andrew | bought | 74,434 | 22.226 | 3,349 | svp, olefin material & corp pr |
Which funds bought or sold WLKP recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 08, 2024 | ICA Group Wealth Management, LLC | new | - | 19,961 | 19,961 | -% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 101 | 2,984,900 | 5,967,480 | -% |
Feb 16, 2024 | HARBOUR INVESTMENTS, INC. | unchanged | - | -2.00 | 368 | -% |
Feb 16, 2024 | GSA CAPITAL PARTNERS LLP | added | 200 | 500,000 | 752,000 | 0.06% |
Feb 15, 2024 | Fayez Sarofim & Co | unchanged | - | 2,760 | 252,885 | -% |
Feb 14, 2024 | LPL Financial LLC | added | 15.76 | 90,051 | 681,293 | -% |
Feb 14, 2024 | GROUP ONE TRADING, L.P. | reduced | -11.11 | -2,255 | 17,320 | -% |
Feb 14, 2024 | BANK OF AMERICA CORP /DE/ | reduced | -9.39 | -583,593 | 5,367,380 | -% |
Feb 14, 2024 | SEI INVESTMENTS CO | unchanged | - | -1,776 | 384,439 | -% |
Feb 14, 2024 | Samalin Investment Counsel, LLC | added | 95.97 | 207,095 | 424,917 | 0.22% |
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 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | -7.6% | 297 | 322 | 264 | 308 | 367 | 415 | 449 | 362 | 330 | 294 | 322 | 268 | 246 | 232 | 239 | 251 | 273 | 250 | 270 | 299 | 336 |
Gross Profit | 8.3% | 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 | 94.00 |
S&GA Expenses | 16.7% | 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 | 7.00 |
EBITDA Margin | 4.6% | 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 | -7.2% | 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 | 0.00 |
Earnings Before Taxes | 7.6% | 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 | 82.00 |
EBT Margin | 4.5% | 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 | -521.6% | -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 | 12.00 |
Net Income Margin | 0.9% | 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 | 12.7% | 95.00 | 84.00 | 94.00 | 132 | 114 | 102 | 109 | 84.00 | -20.82 | 88.00 | 117 | 143 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | -1.8% | 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 | 1,462 |
Current Assets | -2.3% | 226 | 231 | 221 | 232 | 246 | 284 | 302 | 275 | 281 | 291 | 337 | 279 | 263 | 278 | 246 | 242 | 238 | 237 | 222 | 429 | 247 |
Cash Equivalents | -11.0% | 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 | 20.00 |
Inventory | 0.9% | 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 | 4.00 |
Net PPE | -1.6% | 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 | 1,148 |
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 | -4.1% | 461 | 480 | 468 | 453 | 468 | 479 | 493 | 478 | 508 | 456 | 450 | 444 | 441 | 443 | 433 | 433 | 441 | 444 | 439 | 651 | 528 |
Current Liabilities | -25.5% | 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 | 49.00 |
Shares Outstanding | - | - | - | - | - | - | - | - | - | 35.00 | - | - | - | 35.00 | - | - | - | 34.00 | - | - | 32.00 | 32.00 |
Float | - | - | - | 420 | - | - | - | 483 | - | - | - | 521 | - | - | - | 367 | - | - | - | 474 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 6.7% | 108 | 101 | 99.00 | 145 | 123 | 115 | 121 | 105 | 22.00 | 99.00 | 132 | 155 | 33.00 | 117 | 113 | 111 | 116 | 121 | 100 | 113 | 106 |
Cashflow From Investing | -235.4% | -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 | -6.81 |
Cashflow From Financing | -5.0% | -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 | -96.63 |
Consolidated Statements of Operations - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Total net sales | $ 1,190,791 | $ 1,593,147 | $ 1,214,858 |
Cost of sales | 803,332 | 1,215,782 | 773,152 |
Gross profit | 387,459 | 377,365 | 441,706 |
Selling, general and administrative expenses | 29,751 | 29,678 | 31,018 |
Income from operations | 357,708 | 347,687 | 410,688 |
Other income (expense) | |||
Other income, net | 4,232 | 1,566 | 62 |
Income before income taxes | 335,439 | 335,846 | 401,934 |
Provision for income taxes | 813 | 1,017 | 549 |
Net income | 334,626 | 334,829 | 401,385 |
Less: Net income attributable to noncontrolling interest in OpCo | 280,343 | 270,656 | 318,838 |
Net income attributable to Westlake Chemical Partners LP and limited partners' interest in net income | $ 54,283 | $ 64,173 | $ 82,547 |
Net income per limited partner unit attributable to Westlake Chemical Partners LP (basic and diluted) | |||
Weighted average limited partner units outstanding (basic and diluted) | 35,224,340 | 35,217,336 | 35,206,333 |
Affiliated Entity | |||
Net co-products, ethylene and other sales—third parties | $ 1,026,655 | $ 1,342,910 | $ 1,026,586 |
Nonrelated Party | |||
Net co-products, ethylene and other sales—third parties | 164,136 | 250,237 | 188,272 |
Westlake | Affiliated Entity | |||
Selling, general and administrative expenses | 27,085 | 26,621 | 28,577 |
Other income (expense) | |||
Interest expense—Westlake | (26,501) | (13,407) | (8,816) |
Common units | |||
Other income (expense) | |||
Net income attributable to Westlake Chemical Partners LP and limited partners' interest in net income | $ 54,283 | $ 64,173 | $ 82,547 |
Diluted units | $ 1.54 | $ 1.82 | $ 2.34 |
Net income per limited partner unit attributable to Westlake Chemical Partners LP (basic and diluted) | |||
Common units | $ 1.54 | $ 1.82 | $ 2.34 |
Weighted average limited partner units outstanding (basic and diluted) | 35,224,340 | 35,217,336 | 35,206,333 |
Common units | Publicly and Privately Held | |||
Net income per limited partner unit attributable to Westlake Chemical Partners LP (basic and diluted) | |||
Weighted average limited partner units outstanding (basic and diluted) | 21,102,110 | 21,095,106 | 21,084,103 |
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) | 14,122,230 | 14,122,230 | 14,122,230 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 58,619 | $ 64,782 |
Receivable under the Investment Management Agreement—Westlake Corporation ("Westlake") | 94,444 | 64,996 |
Accounts receivable, net—third parties | 18,701 | 20,030 |
Inventories | 4,432 | 4,715 |
Prepaid expenses and other current assets | 442 | 305 |
Total current assets | 226,203 | 245,793 |
Property, plant and equipment, net | 943,843 | 990,213 |
Goodwill | 5,814 | 5,814 |
Deferred charges and other assets, net | 140,982 | 130,159 |
Total assets | 1,316,842 | 1,371,979 |
Current liabilities | ||
Accrued and other liabilities | 24,980 | 17,537 |
Total current liabilities | 56,335 | 66,941 |
Deferred income taxes | 1,632 | 1,656 |
Other liabilities | 2,951 | 0 |
Total liabilities | 460,592 | 468,271 |
Commitments and contingencies (Note 16) | ||
EQUITY | ||
Total Westlake Chemical Partners LP partners' capital | 279,934 | 291,930 |
Noncontrolling interest in Westlake Chemical OpCo LP ("OpCo") | 576,316 | 611,778 |
Total equity | 856,250 | 903,708 |
Total liabilities and equity | 1,316,842 | 1,371,979 |
Affiliated Entity | ||
Current assets | ||
Accounts receivable, net—Westlake | 49,565 | 90,965 |
Current liabilities | ||
Accounts payable—third parties | 15,166 | 34,087 |
Nonrelated Party | ||
Current assets | ||
Accounts receivable, net—third parties | 18,701 | 20,030 |
Current liabilities | ||
Accounts payable—third parties | 16,189 | 15,317 |
Westlake | ||
EQUITY | ||
General partner—Westlake | (242,572) | (242,572) |
Westlake | Affiliated Entity | ||
Current liabilities | ||
Long-term debt payable to Westlake | 399,674 | 399,674 |
Common units | Publicly and Privately Held | ||
EQUITY | ||
Limited partners' capital | $ 473,513 | $ 480,643 |
Units issued | 21,105,904 | 21,099,638 |
Common units | Westlake | ||
EQUITY | ||
Limited partners' capital | $ 48,993 | $ 53,859 |
Units issued | 14,122,230 | 14,122,230 |