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
Inst Constrain edge
Basic Materials · Chemicals
Hold if already holding. Not a fresh buy at $21.38, but acceptable to hold if already in. Reasons: Thin upside margin: 3.4%; Sector modifier (Basic Materials): -0.1.
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 $21.38, but acceptable to hold if already in. Reasons: Thin upside margin: 3.4%; Sector modifier (Basic Materials): -0.1. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Score 6.4/10, moderate confidence.
Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 36d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-09-23Recent Developments — Westlake Chemical Partners LP
Latest news
- NEWS Westlake Chemical Partners Extends Credit Facilities, Maintains Distributions - The Globe and Mail — The Globe and Mail positive
- NEWS Westlake Chemical Partners Slips Slightly as Shares Test Key Support Levels - Triple Top - dars.gov.et — dars.gov.et negative
- NEWS Westlake Chemical Partners Slips Slightly as Shares Test Key Support Levels - Bear Pennant - dars.gov.et — dars.gov.et negative
- NEWS Westlake Chemical Partners Slips Slightly as Shares Test Key Support Levels - Gap Up Stocks - dars.gov.et — dars.gov.et neutral
- NEWS Westlake Chemical Partners Announce Second Quarter 2026 Conference Call - marketscreener.com — marketscreener.com neutral
Generated 2026-09-23T15:57:00Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Rating Breakdown
1 floor-breaker·1 ceiling hit
Growth 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 $21.38, but acceptable to hold if already in. Reasons: Thin upside margin: 3.4%; Sector modifier (Basic Materials): -0.1. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Target $22.10 (+3.4%), stop $20.68 (−3.4%), A.R:R 0.7:1. Score 6.4/10, moderate confidence.
Take-profit target: $22.10 (+3.4% upside). Target $22.10 (+3.4%), stop $20.68 (−3.4%), A.R:R 0.7:1. Stop-loss: $20.68.
Thin upside margin: 3.4%; Sector modifier (Basic Materials): -0.1; Weak growth.
Westlake Chemical Partners LP trades at a P/E of 13.0 (forward 11.5). TrendMatrix value score: 9.5/10. Verdict: Hold.
7 analysts cover WLKP with a consensus score of 4.1/5. Average price target: $26.
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.