Westlake Chemical Partners LP - Unit logo

WLKP

Westlake Chemical Partners LP - Unit

$25.51

Earnings Summary

Revenue
$0.45Mn
Net Profits
$0.02Mn
Net Profit Margins
3.66%
PE Ratio
11.27

Highlights

Revenue:

Westlake Chemical Partners LP - Unit’s revenue fell -99.86% since last year same period to $0.45Mn in the Q2 2022. On a quarterly growth basis, Westlake Chemical Partners LP - Unit has generated -99.88% fall in its revenue since last 3-months.

Net Profits:

Westlake Chemical Partners LP - Unit’s net profit fell -99.93% since last year same period to $0.02Mn in the Q2 2022. On a quarterly growth basis, Westlake Chemical Partners LP - Unit has generated -99.9% fall in its net profits since last 3-months.

Net Profit Margins:

Westlake Chemical Partners LP - Unit’s net profit margin fell -52.98% since last year same period to 3.66% in the Q2 2022. On a quarterly growth basis, Westlake Chemical Partners LP - Unit has generated -18.03% fall in its net profit margins since last 3-months.

PE Ratio:

Westlake Chemical Partners LP - Unit’s price-to-earnings ratio after this Q2 2022 earnings stands at 11.27.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Westlake Chemical Partners LP - Unit post its latest quarter earnings

EPS Estimate Current Quarter
0.49
EPS Estimate Current Year
0.49

Highlights

EPS Estimate Current Quarter:

Westlake Chemical Partners LP - Unit’s earning per share (EPS) estimates for the current quarter stand at 0.49 - a -12.5% fall from last quarter’s estimates.

EPS Estimate Current Year:

Westlake Chemical Partners LP - Unit’s earning per share (EPS) estimates for the current year stand at 0.49.

Key Ratios

Key ratios of the Westlake Chemical Partners LP - Unit post its Q2 2022 earnings

Earning Per Share (EPS)
0.47
Return on Assets (ROA)
0.18
Return on Equity (ROE)
0.43
Dividend Per Share (DPS)
1.89

Highlights

Earning Per Share (EPS):

Westlake Chemical Partners LP - Unit’s earning per share (EPS) fell -33.8% since last year same period to 0.47 in the Q2 2022. This indicates that the Westlake Chemical Partners LP - Unit has generated -33.8% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Westlake Chemical Partners LP - Unit’s return on assets (ROA) stands at 0.18.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Westlake Chemical Partners LP - Unit’s return on equity (ROE) stands at 0.43.

Dividend Per Share (DPS):

Westlake Chemical Partners LP - Unit declared 1.89 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-06-30
0.49
0.47
-4.08%
2022-05-04
0.56
0.46
-17.86%

Company Information

Westlake Chemical Partners is a limited partnership formed by Westlake Chemical Corporation to operate, acquire and develop ethylene production facilities and other qualified assets. Headquartered in Houston, the Partnership owns a 22.8% interest in Westlake Chemical OpCo LP. Westlake Chemical OpCo LP's assets include three facilities in Calvert City, Kentucky, and Lake Charles, Louisiana which process ethane and propane into ethylene, and an ethylene pipeline.

Organisation
Westlake Chemical Partners LP - Unit
Headquarters
2801 Post Oak Boulevard, Houston, TX, United States, 77056
Employees
2020
Industry
Process Industries
CEO
Albert Chao