Westlake Chemical Partners (NYSE:WLKP – Get Free Report) is expected to issue its Q2 2026 results before the market opens on Tuesday, August 4th. Analysts expect Westlake Chemical Partners to post earnings of $0.42 per share and revenue of $537.00 million for the quarter. Interested persons may review the information on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Tuesday, August 4, 2026 at 1:00 PM ET.
Westlake Chemical Partners (NYSE:WLKP – Get Free Report) last released its earnings results on Tuesday, May 5th. The basic materials company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.03). Westlake Chemical Partners had a net margin of 4.69% and a return on equity of 7.15%. The company had revenue of $305.68 million for the quarter, compared to analyst estimates of $522.00 million. On average, analysts expect Westlake Chemical Partners to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Westlake Chemical Partners Trading Down 0.9%
Shares of NYSE WLKP opened at $21.86 on Tuesday. Westlake Chemical Partners has a 12 month low of $17.75 and a 12 month high of $23.88. The company has a quick ratio of 3.57, a current ratio of 3.65 and a debt-to-equity ratio of 0.50. The company has a market cap of $770.57 million, a price-to-earnings ratio of 13.33, a P/E/G ratio of 0.63 and a beta of 0.53. The business has a fifty day simple moving average of $22.58 and a 200-day simple moving average of $22.17.
Westlake Chemical Partners Dividend Announcement
Institutional Trading of Westlake Chemical Partners
Institutional investors have recently bought and sold shares of the business. Royal Bank of Canada lifted its stake in Westlake Chemical Partners by 15.7% in the 4th quarter. Royal Bank of Canada now owns 7,749 shares of the basic materials company’s stock valued at $147,000 after purchasing an additional 1,050 shares during the last quarter. Susquehanna Portfolio Strategies LLC acquired a new stake in shares of Westlake Chemical Partners in the 4th quarter worth about $224,000. Osaic Holdings Inc. grew its stake in shares of Westlake Chemical Partners by 45.8% in the 2nd quarter. Osaic Holdings Inc. now owns 10,153 shares of the basic materials company’s stock worth $224,000 after acquiring an additional 3,187 shares in the last quarter. Mariner LLC increased its position in shares of Westlake Chemical Partners by 4.7% during the fourth quarter. Mariner LLC now owns 12,088 shares of the basic materials company’s stock valued at $230,000 after acquiring an additional 538 shares during the last quarter. Finally, Wells Fargo & Company MN grew its position in shares of Westlake Chemical Partners by 35.7% during the 4th quarter. Wells Fargo & Company MN now owns 14,400 shares of the basic materials company’s stock valued at $274,000 after acquiring an additional 3,792 shares during the period. Institutional investors own 78.28% of the company’s stock.
Analysts Set New Price Targets
Separately, Weiss Ratings raised shares of Westlake Chemical Partners from a “hold (c)” rating to a “buy (b-)” rating in a report on Thursday, May 21st. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.
Get Our Latest Research Report on WLKP
About Westlake Chemical Partners
Westlake Chemical Partners LP (NYSE: WLKP) is a publicly traded master limited partnership sponsored by Westlake Chemical Corporation. The partnership owns, operates and acquires a portfolio of ethylene and vinyl manufacturing assets throughout the United States and the United Kingdom. As a downstream producer of basic chemicals and intermediates, WLKP supplies key industrial feedstocks to customers in a variety of end markets.
WLKP’s operations are organized into two primary segments: olefins and vinyls.
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