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 97.91% of US stocks.
• The strongest trend for WLKP is in Momentum, which has been heading down over the past 179 days.
• WLKP ranks lowest in Momentum; there it ranks in the 64th percentile.

WLKP Stock Summary

• The price/operating cash flow metric for Westlake Chemical Partners LP is higher than only 7.14% of stocks in our set with a positive cash flow.
• The ratio of debt to operating expenses for Westlake Chemical Partners LP is higher than it is for about 93.6% of US stocks.
• In terms of volatility of its share price, WLKP is more volatile than only 6.38% of stocks 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 BEDU, ARCO, ATI, GPK, and COOP.
• 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

Its 4 year net income to common stockholders growth rate is now at -68.23%.
• Its 4 year net cashflow from operations growth rate is now at -0.8%.
• Its 3 year price growth rate is now at 17.89%.

WLKP's revenue has moved up $56,585,000 over the prior 52 months.

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
2021-12-31	1,214.858	408.439	82.547
2021-09-30	1,130.054	419.098	68.06
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

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 99.06% of graded US stocks.
• WLKP's asset turnover comes in at 0.825 -- ranking 26th of 89 Chemicals stocks.
• SEE, CE, and WLK are the stocks whose asset turnover ratios are most correlated with WLKP.

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