Westlake Chemical Partners LP (WLKP)

NYSE · Basic Materials · Chemicals · USA

Westlake Chemical Partners LP is a small cap company (market value between $300 million and $2 billion) in the Chemicals industry.

Westlake Chemical Partners LP owns a limited partner interest in a partnership that operates ethylene production facilities converting ethane into ethylene. The facilities sell ethylene primarily to Westlake for producing polyethylene and polyvinyl chloride derivatives used in packaging, construction and transportation. The partnership also operates an ethylene pipeline and generates revenue from co-products including propylene, butadiene and hydrogen.

From its FY2025 annual report (Form 10-K)

Intrinsic value, DCF valuation, financial health and value investing analysis for the Westlake Chemical Partners LP stock.

Our verdict on WLKP

No reliable verdict: intrinsic value $126.55 per share, market price $21.26 (as of 2026-10-30).

Discounting its cash flows would put the shares at $126.55: 6 times the price of $21.26. A gap that size says more about a model than about the market. It usually means heavy debt, where a small error in the value of the business becomes a large one in the value of the shares, or a business our method does not describe. We do not publish a verdict on this one.

Leak Score: 85/100 on 10 of 12 signals (Strong Leak).

ETFs with the most weight in WLKP

Browse

Peers in Chemicals

All 16 Chemicals stocks

Is WLKP undervalued or overvalued?

We do not publish a verdict on WLKP. Discounting its cash flows would put the shares at $126.55: 6 times the price of $21.26. A gap that size says more about a model than about the market. It usually means heavy debt, where a small error in the value of the business becomes a large one in the value of the shares, or a business our method does not describe. We do not publish a verdict on this one.

What is the intrinsic value of WLKP?

We do not publish one (as of the 2026-10-30 close). Discounting its cash flows would put the shares at $126.55: 6 times the price of $21.26. A gap that size says more about a model than about the market. It usually means heavy debt, where a small error in the value of the business becomes a large one in the value of the shares, or a business our method does not describe. We do not publish a verdict on this one.

What is Westlake Chemical Partners LP's Leak Score?

85 out of 100, which we rate "Strong Leak", on 10 of 12 value investing signals.