WLKP pairs an excellent-quality, statistically cheap balance sheet (42% ROE, PEG 0.07, Piotroski 9/9) with a temporary momentum headwind (RSI 25, momentum gate failed) and two recent earnings misses, while elevated options hedging (put/call 2.5) signals near-term caution.
Thesis pillars
- High Quality Elite Roe Business→Stable
- Attractive Valuation Low Peg→Stable
- Temporary Momentum Headwind→Stable
- +2 more pillars — see the Why tab for full reasoning
Westlake Chemical Partners LP (WLKP) Stock Analysis
Temporary headwind edge
Basic Materials · Chemicals
Hold if already holding. Not a fresh buy at $22.29, but acceptable to hold if already in. Reasons: Thin upside margin: 6.8%; Consecutive earnings misses (2).
We are a Delaware limited partnership formed by Westlake in March 2014 to operate, acquire and develop ethylene production facilities and related assets. On August 4, 2014, we completed our initial public offering (the "IPO") of 12,937,500 common units representing limited... Read more
Hold if already holding. Not a fresh buy at $22.29, but acceptable to hold if already in. Reasons: Thin upside margin: 6.8%; Consecutive earnings misses (2). Chart setup: No clear chart pattern; technical signals are mixed. Quality-value play. Wait for momentum improvement. | News modifier -1 (STRONG_BUY_WAIT → HOLD_IF_HOLDING) Score 7.2/10, moderate confidence.
Passes 5/8 gates (clean insider activity, news events none recent, earnings proximity 27d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-07-08Recent Developments — Westlake Chemical Partners LP
Latest news
- NEWS WLKP Q1 2026 Earnings: EPS Misses Estimates Despite Modest Unit Price Uptick - ROA Comparison - dars.gov.et — dars.gov.et negative
Generated 2026-07-08T21:03:53Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Material Events(8-K, last 90d)
- 2026-04-20Item 5.02MEDIUMOn April 20, 2026, Westlake Chemical Partners LP (the "Partnership") announced that Jonathan H.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
2 floor-breakers·2 ceiling hits
No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $22.29, but acceptable to hold if already in. Reasons: Thin upside margin: 6.8%; Consecutive earnings misses (2). Chart setup: No clear chart pattern; technical signals are mixed. Quality-value play. Wait for momentum improvement. | News modifier -1 (STRONG_BUY_WAIT → HOLD_IF_HOLDING) Target $23.80 (+6.8%), stop $21.45 (−3.9%), A.R:R 1.4:1. Score 7.2/10, moderate confidence.
Take-profit target: $23.80 (+6.8% upside). Target $23.80 (+6.8%), stop $21.45 (−3.9%), A.R:R 1.4:1. Stop-loss: $21.45.
Thin upside margin: 6.8%; Consecutive earnings misses (2); Negative momentum.
Westlake Chemical Partners LP trades at a P/E of 13.5 (forward 12.9). TrendMatrix value score: 9.4/10. Verdict: Hold.
7 analysts cover WLKP with a consensus score of 4.1/5. Average price target: $28.
What does Westlake Chemical Partners LP do?We are a Delaware limited partnership formed by Westlake in March 2014 to operate, acquire and develop ethylene...
We are a Delaware limited partnership formed by Westlake in March 2014 to operate, acquire and develop ethylene production facilities and related assets. On August 4, 2014, we completed our initial public offering (the "IPO") of 12,937,500 common units representing limited partner interests. In connection with the IPO, we acquired an initial 10.6% interest in OpCo and a 100% interest in OpCo GP, which is the general partner of OpCo.