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Westlake Chemical Partners LP (WLKP)

(Real Time Quote from BATS)

$26.56 USD

26.56
19,810

-0.25 (-0.93%)

Updated Jul 30, 2021 12:43 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 Buy25.57%
2Buy19.14%
3Hold10.74%
4Sell6.46%
5Strong Sell3.16%
S&P50011.27%

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3-Hold of 5     3    

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 24% (191 out of 252)

Industry: Chemical - Specialty

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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.

12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Assets          
Cash & Equivalents 17 20 20 27 89
Receivables 242 216 223 198 139
Notes Receivable 0 0 0 0 0
Inventories 3 2 4 6 4
Other Current Assets 0 0 0 0 0
Total Current Assets 263 238 247 231 232
Net Property & Equipment 1,051 1,103 1,148 1,196 1,222
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 37 46 61 82 95
Intangibles 6 6 6 6 6
Deposits & Other Assets 0 0 0 0 0
Total Assets 1,356 1,393 1,462 1,515 1,555
Liabilities & Shareholders Equity 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Notes Payable 0 0 0 0 0
Accounts Payable 21 21 33 25 22
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 19 18 16 16 16
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 40 39 49 40 38
Mortgages 0 0 0 0 0
Deferred Taxes/Income 2 2 2 2 2
Convertible Debt 0 0 0 0 0
Long-Term Debt 400 400 478 474 595
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 0 1 0 0 0
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 441 441 528 517 634
Shareholders Equity 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Preferred Stock 0 0 0 0 0
Common Stock (Par) 520 520 458 461 345
Capital Surplus 0 0 0 0 0
Retained Earnings 0 0 0 0 0
Other Equity 395 432 476 537 576
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 915 952 934 999 921
Total Liabilities & Shareholder's Equity 1,356 1,393 1,462 1,515 1,555
Total Common Equity 915 952 934 999 921
Shares Outstanding 35.20 35.10 32.20 32.20 27.00
Book Value Per Share 26.00 27.13 29.01 31.02 34.11

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

All items in Millions except Per Share data.

6/30/2021 3/31/2021 12/31/2020 9/30/2020 6/30/2020
Assets          
Cash & Equivalents NA 17 17 23 24
Receivables NA 258 242 253 221
Notes Receivable NA 0 0 0 0
Inventories NA 3 3 2 2
Other Current Assets NA 0 0 1 0
Total Current Assets NA 279 263 278 246
Net Property & Equipment NA 1,039 1,051 1,061 1,078
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 33 37 37 40
Intangibles NA 6 6 6 6
Deposits & Other Assets NA 0 0 0 0
Total Assets NA 1,357 1,356 1,382 1,369
Liabilities & Shareholders Equity 6/30/2021 3/31/2021 12/31/2020 9/30/2020 6/30/2020
Notes Payable NA 0 0 0 0
Accounts Payable NA 25 21 25 14
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 18 19 17 17
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities NA 43 40 42 31
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 2 2 2 2
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 400 400 400 400
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 0 1 1
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 444 441 443 433
Shareholders Equity 6/30/2021 3/31/2021 12/31/2020 9/30/2020 6/30/2020
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 519 520 521 520
Capital Surplus NA 0 0 0 0
Retained Earnings NA 0 0 0 0
Other Equity NA 395 395 417 416
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 913 915 939 936
Total Liabilities & Shareholder's Equity NA 1,357 1,356 1,382 1,369
Total Common Equity 0 913 915 939 936
Shares Outstanding 35.20 35.20 35.20 35.10 35.10
Book Value Per Share 0.00 25.94 26.00 26.75 26.66