Westlake Chemical Partners LP (WLKP): Price and Financial Metrics

WLKP POWR Grades

• WLKP scores best on the Quality dimension, with a Quality rank ahead of 98.89% of US stocks.
• The strongest trend for WLKP is in Quality, which has been heading down over the past 52 weeks.
• WLKP ranks lowest in Growth; there it ranks in the 43rd percentile.

WLKP Stock Summary

• WLKP's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 520.76 -- higher than 94.04% of US-listed equities with positive expected earnings growth.
• Price to trailing twelve month operating cash flow for WLKP is currently 2.06, higher than merely 6.13% of US stocks with positive operating cash flow.
• For WLKP, its debt to operating expenses ratio is greater than that reported by 93.79% of US equities we're observing.
• If you're looking for stocks that are quantitatively similar to Westlake Chemical Partners LP, a group of peers worth examining would be ARCO, CINR, COOP, BRFS, and CPAC.
• Visit WLKP's SEC page to see the company's official filings. To visit the company's web site, go to www.wlkpartners.com.

WLKP Valuation Summary

• In comparison to the median Basic Materials stock, WLKP's price/sales ratio is 60.87% lower, now standing at 0.9.
• Over the past 86 months, WLKP's price/sales ratio has gone up 0.5.
• Over the past 86 months, WLKP's price/earnings ratio has gone up 11.

Below are key valuation metrics over time for WLKP.

WLKP Growth Metrics

• The 5 year net income to common stockholders growth rate now stands at -81.98%.
• The 3 year revenue growth rate now stands at 29.86%.
• Its 3 year net income to common stockholders growth rate is now at -74.09%.

Over the past 67 months, WLKP's revenue has gone up $60,836,000.

The table below shows WLKP's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2021-06-30	1,068.057	436.796	73.805
2021-03-31	984.328	417.844	63.566
2020-12-31	966.67	373.397	66.167
2020-09-30	993.816	456.529	68.513
2020-06-30	1,011.772	460.854	64.9
2020-03-31	1,043.334	448.269	63.773

WLKP's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• WLKP has a Quality Grade of A, ranking ahead of 98.88% of graded US stocks.
• WLKP's asset turnover comes in at 0.777 -- ranking 30th of 89 Chemicals stocks.
• CE, WLK, and AVNT are the stocks whose asset turnover ratios are most correlated with WLKP.

The table below shows WLKP's key quality metrics over time.