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Westlake Chemical Partners (WLKP)

(Delayed Data from NYSE)

$23.15 USD

23.15
23,072

-0.05 (-0.22%)

Updated Dec 2, 2022 04:00 PM ET

After-Market: $23.02 -0.13 (-0.56%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.51%
2Buy17.96%
3Hold9.47%
4Sell5.16%
5Strong Sell2.21%
S&P50010.66%

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4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value A Growth D Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 10% (225 out of 251)

Industry: Chemical - Specialty

Trades from $1

Balance Sheet

Research for WLKP

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Westlake Chemical Partners LP falls in the month of December.

All items in Millions except Per Share data.

12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017
Assets          
Cash & Equivalents 17 17 20 20 27
Receivables 255 242 216 223 198
Notes Receivable 0 0 0 0 0
Inventories 9 3 2 4 6
Other Current Assets 0 0 0 0 0
Total Current Assets 281 263 238 247 231
Net Property & Equipment 1,044 1,051 1,103 1,148 1,196
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 150 37 46 61 82
Intangibles 6 6 6 6 6
Deposits & Other Assets 0 0 0 0 0
Total Assets 1,481 1,356 1,393 1,462 1,515
Liabilities & Shareholders Equity 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017
Notes Payable 0 0 0 0 0
Accounts Payable 46 21 21 33 25
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 61 19 18 16 16
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 107 40 39 49 40
Mortgages 0 0 0 0 0
Deferred Taxes/Income 2 2 2 2 2
Convertible Debt 0 0 0 0 0
Long-Term Debt 400 400 400 478 474
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 0 0 1 0 0
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 508 441 441 528 517
Shareholders Equity 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017
Preferred Stock 0 0 0 0 0
Common Stock (Par) 537 520 520 458 461
Capital Surplus 0 0 0 0 0
Retained Earnings 0 0 0 0 0
Other Equity 436 395 432 476 537
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 973 915 952 934 999
Total Liabilities & Shareholder's Equity 1,481 1,356 1,393 1,462 1,515
Total Common Equity 973 915 952 934 999
Shares Outstanding 35.20 35.20 35.10 32.20 32.20
Book Value Per Share 27.63 26.00 27.13 29.01 31.02

Fiscal Year End for Westlake Chemical Partners LP falls in the month of December.

All items in Millions except Per Share data.

9/30/2022 6/30/2022 3/31/2022 12/31/2021 9/30/2021
Assets          
Cash & Equivalents 19 18 19 17 19
Receivables 259 276 247 255 265
Notes Receivable 0 0 0 0 0
Inventories 11 7 8 9 7
Other Current Assets 0 0 0 0 1
Total Current Assets 284 302 275 281 291
Net Property & Equipment 1,007 1,017 1,031 1,044 1,022
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 135 138 143 150 41
Intangibles 6 6 6 6 6
Deposits & Other Assets 0 0 0 0 0
Total Assets 1,431 1,462 1,454 1,481 1,361
Liabilities & Shareholders Equity 9/30/2022 6/30/2022 3/31/2022 12/31/2021 9/30/2021
Notes Payable 0 0 0 0 0
Accounts Payable 55 76 56 46 30
Current Portion Long-Term Debt 0 0 377 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 23 16 21 61 25
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 78 92 454 107 55
Mortgages 0 0 0 0 0
Deferred Taxes/Income 2 1 2 2 2
Convertible Debt 0 0 0 0 0
Long-Term Debt 400 400 23 400 400
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 0
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 479 493 478 508 456
Shareholders Equity 9/30/2022 6/30/2022 3/31/2022 12/31/2021 9/30/2021
Preferred Stock 0 0 0 0 0
Common Stock (Par) 534 536 536 537 524
Capital Surplus 0 0 0 0 0
Retained Earnings 0 0 0 0 0
Other Equity 418 433 440 436 381
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 952 969 976 973 905
Total Liabilities & Shareholder's Equity 1,431 1,462 1,454 1,481 1,361
Total Common Equity 952 969 976 973 905
Shares Outstanding 35.20 35.20 35.20 35.20 35.20
Book Value Per Share 27.05 27.53 27.73 27.63 25.71