Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. The company's ethylene production facilities primarily convert ethane into ethylene. It also sells ethylene co-products, including propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on either a spot or contract basis. Westlake Chemical Partners GP LLC serves as the general partner of the company. The company was incorporated in 2014 and is headquartered in Houston, Texas.
P/S ratio for Westlake Chemical Partners LP (WLKP)
P/S ratio as of 2023: 0.64
According to Westlake Chemical Partners LP's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.64. At the end of 2022 the company had a P/S ratio of 0.52.
P/S ratio history for Westlake Chemical Partners LP from 2011 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 0.64 |
| 2022 | 0.52 |
| 2021 | 0.78 |
| 2020 | 0.87 |
| 2019 | 0.83 |
| 2018 | 0.61 |
| 2017 | 0.60 |
| 2016 | 0.59 |
| 2015 | 0.60 |
| 2014 | 0.45 |
| 2013 | 0.37 |
| 2012 | 0.35 |
| 2011 | 0.35 |