Westlake Chemical Partners (WLKP) Expected to Release Earnings on Thursday

Westlake Chemical Partners (NYSE:WLKP) will likely be releasing its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect Westlake Chemical Partners to announce earnings of $0.2996 per share and revenue of $336.33 million for the quarter. Interested persons may review the information on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 1:00 PM ET.

Westlake Chemical Partners (NYSE:WLKP) last issued its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.01). The business had revenue of $297.10 million during the quarter, compared to analysts’ expectations of $537.00 million. Westlake Chemical Partners had a return on equity of 7.25% and a net margin of 4.66%. On average, analysts expect Westlake Chemical Partners to post $1.50 EPS for the current fiscal year and $1.70 EPS for the next fiscal year.

Westlake Chemical Partners Stock Performance

NYSE WLKP opened at $20.91 on Thursday. The business’s 50 day moving average price is $21.46 and its 200-day moving average price is $22.14. Westlake Chemical Partners has a fifty-two week low of $17.75 and a fifty-two week high of $23.88. The company has a market cap of $737.25 million, a P/E ratio of 12.83, a P/E/G ratio of 0.81 and a beta of 0.52. The company has a debt-to-equity ratio of 0.52, a quick ratio of 3.36 and a current ratio of 3.44.

Westlake Chemical Partners Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Thursday, August 13th were paid a dividend of $0.4714 per share. The ex-dividend date of this dividend was Thursday, August 13th. This represents a $1.89 dividend on an annualized basis and a dividend yield of 9.0%. Westlake Chemical Partners’s dividend payout ratio is currently 115.95%.

Analyst Ratings Changes

A number of research analysts have recently commented on WLKP shares. Wall Street Zen cut shares of Westlake Chemical Partners from a “strong-buy” rating to a “hold” rating in a report on Saturday, August 15th. Weiss Ratings downgraded shares of Westlake Chemical Partners from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, October 2nd. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $26.00 target price on shares of Westlake Chemical Partners in a research note on Wednesday, September 9th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $26.00.

Westlake Chemical Partners Company Profile

Westlake Chemical Partners LP (NYSE: WLKP) is a master limited partnership that owns, operates and acquires ethylene production assets. Ethylene is a basic petrochemical used in the manufacture of plastics, polymers and other industrial products.

The partnership’s operations are focused on ethylene production facilities in the United States, including assets in Louisiana and Kentucky. Its ethylene is sold primarily under long-term agreements to Westlake Corporation, its primary customer and sponsor, as well as to certain third-party customers.

Westlake Chemical Partners was formed in 2014 and became a publicly traded partnership that year.