WLKP - NYSE

Westlake Chemical Partners LP

WLKP·NYSE

$23.01

-0.60%

Basic MaterialsChemicals

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.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$811.01M

EPS8.4700

P/E Ratio2.72

Earnings Date08/04/2026

1.26B

Assets

-2%

3Y-8.0%

5Y-7.0%

10Y-19.0%

454.18M

Total Liabilities

-1%

3Y-3.0%

5Y+3.0%

10Y-28.0%

802.35M

Total Equity

-3%

3Y-11.0%

5Y-12.0%

10Y-54.0%

Westlake Chemical Partners LP Funding & Solvency Profile

WLKP · NYSE

Current Assets

Cash & Cash Equivalents44.27M

Net Receivables63.57M

Inventory2.77M

Other Current Assets32.90M

Total Current Assets144 M

Non-Current Assets

Property, Plant & Equipment886.01M

Goodwill & Intangible Assets0.00

Long-Term Investments0.00

Other Non-Current Assets227.01M

Total Non-Current Assets1 B

Total Assets

1.26B

Financial Health Analysis

Current Ratio

2.80x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.57x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

92 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

11% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

Westlake Chemical Partners LP Balance Sheet

WLKP • NYSE

Westlake Chemical Partners LP Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	44.3M	58.3M	58.6M	64.8M	17.1M	17.2M	19.9M	19.7M	27M	88.9M	169.6M	133.8M	0.0	0.0
Cash & Short-Term Investments	44.3M	58.3M	58.6M	64.8M	17.1M	17.2M	19.9M	19.7M	27M	88.9M	169.6M	133.8M	0.0	0.0
Net Receivables	63.6M	178.1M	162.7M	109.5M	254.9M	242.3M	9.9M	222.6M	198.5M	139.1M	51.6M	56M	71.8M	84.9M
Accounts Receivables	63.6M	11.6M	64.9M	109.5M	148.6M	119.1M	9.3M	222.6M	198.5M	139.1M	51.6M	56M	71.5M	69.6M
Other Receivables	0.0	166.5M	97.8M	0.0	106.2M	123.2M	660K	0.0	0.0	0.0	0.0	6K	323K	15.3M
Inventory	2.8M	4.1M	4.4M	4.7M	8.9M	3.5M	2.5M	4.4M	5.6M	3.9M	3.9M	6.6M	116.4M	110.3M
Prepaids	0.0	0.0	0.0	305K	0.0	0.0	470K	370K	314K	269K	267K	212K	257K	107K
Other Current Assets	32.9M	444K	442K	66.5M	396K	392K	163.4M	0.0	0.0	0.0	267K	0.0	4.4M	5.3M
Total Current Assets	143.5M	240.9M	226.2M	245.8M	281.2M	263.3M	238.4M	247.1M	231.4M	232.2M	225.3M	196.6M	192.9M	200.6M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	886M	903.6M	943.8M	990.2M	1B	1.1B	1.1B	1.1B	1.2B	1.2B	1B	842.1M	763M	591.1M
Goodwill	0.0	5.8M	5.8M	5.8M	5.8M	5.8M	5.8M	5.8M	5.8M	5.8M	5.8M	5.8M	5.8M	5.8M
Intangible Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	55K	134K
Goodwill & Intangible Assets	0.0	5.8M	5.8M	5.8M	5.8M	5.8M	5.8M	5.8M	5.8M	5.8M	5.8M	5.8M	5.9M	6M
Long-Term Investments	0.0	0.0	0.0	0.0	0.0	0.0	-1.6M	-7.5M	-8M	-7.6M	-7.2M	-7.7M	10.4M	10.8M
Tax Assets	0.0	0.0	0.0	0.0	0.0	0.0	1.6M	1.7M	2.2M	1.7M	1.4M	1.8M	62.1M	18.6M
Other Non-Current Assets	227M	137.6M	141M	130.2M	150.1M	36.7M	46.2M	66.7M	87.6M	100.8M	44.6M	57.7M	7.2M	7.7M
Total Non-Current Assets	1.1B	1B	1.1B	1.1B	1.2B	1.1B	1.2B	1.2B	1.3B	1.3B	1.1B	899.8M	848.6M	634.2M
Total Assets	1.3B	1.3B	1.3B	1.4B	1.5B	1.4B	1.4B	1.5B	1.5B	1.6B	1.3B	1.1B	1B	834.8M
LIABILITIES
CURRENT LIABILITIES
Total Payables	51.3M	20.7M	34.4M	49.4M	45.9M	27.2M	21.3M	32.5M	24.5M	22.1M	34.3M	20.1M	122.6M	108.3M
Accounts Payable	51.3M	20.7M	31.4M	49.4M	45.9M	21M	21.3M	32.5M	24.5M	22.1M	34.3M	20.1M	122.6M	108.3M
Other Payables	0.0	0.0	3M	0.0	0.0	6.2M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Accrued Expenses	0.0	16.9M	16.5M	14.9M	0.0	0.0	17.5M	16.3M	15.7M	15.7M	23.4M	11.9M	26.7M	52M
Tax Payables	0.0	0.0	3M	0.0	0.0	6.2M	2.6M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Current Liabilities	0.0	17.7M	5.5M	2.7M	60.9M	12.6M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Current Liabilities	51.3M	55.4M	56.3M	66.9M	106.8M	39.8M	38.8M	48.8M	40.2M	37.8M	57.7M	32M	149.3M	160.3M
NON-CURRENT LIABILITIES
Long Term Debt	399.7M	399.7M	399.7M	399.7M	399.7M	399.7M	399.7M	477.6M	474M	594.6M	384M	227.6M	253M	253M
Deferred Revenue (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	-1.6M	-1.7M	-2.2M	-1.7M	-1.4M	-1.8M	0.0	0.0
Deferred Tax Liabilities (Non-Current)	0.0	1.5M	1.6M	0.0	1.5M	1.5M	1.6M	1.7M	2.2M	1.7M	1.4M	1.8M	182.9M	146.6M
Other Non-Current Liabilities	3.2M	2.1M	3M	1.7M	0.0	381K	1.1M	0.0	107K	123K	90K	15K	962K	1.1M
Total Non-Current Liabilities	402.9M	403.3M	404.3M	401.3M	401.2M	401.6M	402.5M	479.3M	476.3M	596.5M	385.5M	229.5M	436.8M	400.7M
Total Liabilities	454.2M	458.6M	460.6M	468.3M	508M	441.4M	441.3M	528M	516.5M	634.3M	443.2M	261.5M	586M	561M
SHAREHOLDERS' EQUITY
Common Stock	501.1M	518.7M	522.5M	534.5M	536.5M	520M	520.1M	458.4M	461.5M	344.7M	338.9M	330.1M	455.4M	273.8M
Accumulated Other Comprehensive Income/Loss	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	279K	200K	280K	910.9M	-561.3M	-530.8M
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	432M	475.7M	537M	576M	508M	504.9M	561.3M	530.8M
Total Stockholders' Equity	501.1M	518.7M	522.5M	534.5M	536.5M	520M	952.1M	934.1M	998.7M	921M	847.2M	835M	-561.3M	-530.8M
Total Equity	802.4M	829.3M	856.3M	903.7M	972.7M	915.1M	1.6B	1.7B	1.8B	1.7B	1.6B	1.6B	-561.3M	-530.8M
Minority Interest	301.2M	310.6M	333.7M	369.2M	436.1M	395.2M	674.6M	718.3M	778.9M	818.5M	750.6M	747.4M	0.0	0.0
SUMMARY
Total Liabilities & Equity	1.3B	1.3B	1.3B	1.4B	1.5B	1.4B	1.4B	1.5B	1.5B	1.6B	1.3B	1.1B	586M	561M
Total Investments	0.0	0.0	0.0	0.0	0.0	0.0	-1.6M	-7.5M	-8M	-7.6M	-7.2M	-7.7M	10.4M	10.8M
Total Debt	399.7M	399.7M	399.7M	399.7M	399.7M	399.7M	399.7M	477.6M	474M	594.6M	384M	227.6M	253M	253M
Net Debt	355.4M	341.4M	341.1M	334.9M	382.6M	382.5M	379.8M	457.9M	447M	505.7M	214.4M	93.9M	253M	253M
Shares Outstanding	35,239,998	35,239,998	35,239,998	35,239,998	35,239,998	35,239,998	35,239,998	35,239,998	35,239,998	35,239,998	35,239,998	35,239,998	35,239,998	35,239,998

SEC Filings

WLKP - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
10-Q 10-Q 2026 Q1 Q1	May 06, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 05, 2026	May 05, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 20, 2026	April 20, 2026	2026	View Filing
10-K 10-K 2025 FY FY	March 04, 2026	December 31, 2025	2025	View Filing
S-3 S-3 N/A	March 04, 2026	March 04, 2026		View Filing
8-K 8-K 2026 N/A	February 24, 2026	February 24, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 23, 2026	February 18, 2026	2026	View Filing
10-Q 10-Q 2025 Q3 Q3	October 31, 2025	September 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	October 30, 2025	October 30, 2025	2025	View Filing
10-Q 10-Q 2025 Q2 Q2	August 06, 2025	June 30, 2025	2025	View Filing

Showing 1 to 10 of 140 filings

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