WLKP - NYSE
Westlake Chemical Partners LP
$23.01
-1.1%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.
At a Glance
Live SnapshotWestlake Chemical Partners LP Fair Value Envelope
Owner Earnings Valuation Tool
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DCF Valuation Summary
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Owner Earnings Projections
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $140.2M | $70.1M | $35.1M | $17.5M | $8.8M | $4.4M | $2.2M | $1.1M | $547.8K | $273.9K |
| Maintenance CapEx | -$7.9M | -$3.9M | -$2.0M | -$985.2K | -$492.6K | -$246.3K | -$123.2K | -$61.6K | -$30.8K | -$15.4K |
| Owner Earnings | $132.4M | $66.2M | $33.1M | $16.5M | $8.3M | $4.1M | $2.1M | $1.0M | $517.0K | $258.5K |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $122.5M | $56.7M | $26.3M | $12.2M | $5.6M | $2.6M | $1.2M | $558.6K | $258.6K | $119.7K |
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