WLKP (Westlake Chemical Partners LP) Float Percentage Of Total Shares Outstanding: 59.14% (As of Jul. 22, 2026)

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WLKP Westlake Chemical Partners LP WLKP
84 GF Score
Price $22.03
GF Value $24.33
Valuation Fairly Valued
! 6 Warning Signs
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What is Westlake Chemical Partners LP Float Percentage Of Total Shares Outstanding?

Westlake Chemical Partners LP WLKP +0.14% 84 Float Percentage Of Total Shares Outstanding is 59.14% as of Jul. 22, 2026. GuruFocus rates WLKP with a GF Score™ of 84/100 and a GF Value™ of $24.33 (Fairly Valued). The stock has 6 warning signs investors should review.

Float percentage of total shares outstanding is the percentage of float shares relative to the total shares outstanding. As of today, Westlake Chemical Partners LP's float shares is 20.85 Mil. Westlake Chemical Partners LP's total shares outstanding is 35.25 Mil. Westlake Chemical Partners LP's float percentage of total shares outstanding is 59.14%.

Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, Westlake Chemical Partners LP's Insider Ownership is 1.83%.

Institutional Ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, Westlake Chemical Partners LP's Institutional Ownership is 29.11%.

WLKP
84GF Score
Westlake Chemical Partners LP WLKP
Float Percentage Of Total Shares Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Westlake Chemical Partners LP Float Percentage Of Total Shares Outstanding Calculation

It is the percentage of float shares out of the total shares outstanding.

Westlake Chemical Partners LP's Float Percentage of Total Shares Outstanding for today is calculated as follows:

Float Percentage of Total Shares Outstanding=Float Shares/Total Shares Outstanding
=20.85/35.25
=59.14%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Float Percentage Of Total Shares Outstanding of 59.14% mean?
Westlake Chemical Partners LP (WLKP) has a Float Percentage Of Total Shares Outstanding of 59.14% as of Jul. 22, 2026. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Westlake Chemical Partners LP and its competitors.
Is Westlake Chemical Partners LP's Float Percentage Of Total Shares Outstanding too high?
Westlake Chemical Partners LP's current Float Percentage Of Total Shares Outstanding is 59.14%. Overall, Westlake Chemical Partners LP has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Westlake Chemical Partners LP's Float Percentage Of Total Shares Outstanding compare to LXU and ASPI?
Westlake Chemical Partners LP's Float Percentage Of Total Shares Outstanding of 59.14% can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Float Percentage Of Total Shares Outstanding for a Chemicals company?
A good Float Percentage Of Total Shares Outstanding depends on the Chemicals industry context. However, Float Percentage Of Total Shares Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Float Percentage Of Total Shares Outstanding mean?
A high Float Percentage Of Total Shares Outstanding can signal that a stock is expensive relative to its fundamentals. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Westlake Chemical Partners LP and its competitors. Westlake Chemical Partners LP's current Float Percentage Of Total Shares Outstanding is 59.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westlake Chemical Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Westlake Chemical Partners LP (WLKP) is currently considered Fairly Valued. The stock's GF Value™ is $24.33, compared to a current price of $22.03 — trading 9.5% below its estimated fair value. The current Float Percentage Of Total Shares Outstanding is 59.14%. Westlake Chemical Partners LP's overall GF Score™ is 84/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Float Percentage Of Total Shares Outstanding calculated?
Float Percentage Of Total Shares Outstanding is calculated from a company's financial statements. For Westlake Chemical Partners LP (WLKP), the current Float Percentage Of Total Shares Outstanding is 59.14% as of Jul. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Westlake Chemical Partners LP (WLKP) Overvalued in 2026?

Based on GuruFocus' analysis, Westlake Chemical Partners LP stock appears to be undervalued. The current stock price of $22.03 is trading 9.5% below its estimated GF Value™ of $24.33. GuruFocus considers Westlake Chemical Partners LP to be Fairly Valued.

Key valuation signals for WLKP:

  • Float Percentage Of Total Shares Outstanding: 59.14%
  • GF Value™: $24.33 vs. price of $22.03 (9.5% below fair value)
  • GF Score™: 84/100 with 6 warning signs

No single metric tells the full story. See the WLKP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Westlake Chemical Partners LP Business Description

Address 2801 Post Oak Boulevard, Suite 600, Houston, TX, USA, 77056
Westlake Chemical Partners LP is a part of the chemical industry in the United States. Its operations are conducted through OpCo, it acquires and develops ethylene production facilities, which convert ethane into ethylene. OpCo sells ethylene and its co-products, such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen, to Westlake and other customers located in the United States. Its assets include three ethylene production facilities in Calvert City, Kentucky, and Lake Charles, Louisiana.
84GF Score

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Float Percentage Of Total Shares Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$22.03
Price
$24.33
GF Value