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Westlake Chemical Partners LP (Westlake Chemical Partners LP) Revenue : $1,191 Mil (TTM As of Dec. 2023)


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What is Westlake Chemical Partners LP Revenue?

Westlake Chemical Partners LP's revenue for the three months ended in Dec. 2023 was $297 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,191 Mil. Westlake Chemical Partners LP's Revenue per Share for the three months ended in Dec. 2023 was $8.44. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $33.81.

Warning Sign:

Westlake Chemical Partners LP revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Westlake Chemical Partners LP was -25.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 7.20% per year. During the past 5 years, the average Revenue per Share Growth Rate was 1.40% per year. During the past 10 years, the average Revenue per Share Growth Rate was -9.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Westlake Chemical Partners LP's highest 3-Year average Revenue per Share Growth Rate was 12.60% per year. The lowest was -30.20% per year. And the median was -5.60% per year.


Westlake Chemical Partners LP Revenue Historical Data

The historical data trend for Westlake Chemical Partners LP's Revenue can be seen below:

* 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.

* Premium members only.

Westlake Chemical Partners LP Revenue Chart

Westlake Chemical Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,091.87 966.67 1,214.86 1,593.15 1,190.79

Westlake Chemical Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 366.84 307.68 264.18 321.66 297.27

Competitive Comparison of Westlake Chemical Partners LP's Revenue

For the Chemicals subindustry, Westlake Chemical Partners LP's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Westlake Chemical Partners LP's Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Westlake Chemical Partners LP's Revenue distribution charts can be found below:

* The bar in red indicates where Westlake Chemical Partners LP's Revenue falls into.



Westlake Chemical Partners LP Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,191 Mil.

* 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.


Westlake Chemical Partners LP  (NYSE:WLKP) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Westlake Chemical Partners LP Revenue Related Terms

Thank you for viewing the detailed overview of Westlake Chemical Partners LP's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Westlake Chemical Partners LP (Westlake Chemical Partners LP) Business Description

Traded in Other Exchanges
N/A
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 develop ethyelene 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.
Executives
Andrew Kenner officer: SVP, Olefin Material & Corp Pr 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Randy Woelfel director 3411-3433 W. EL SEGUNDO BLVD., HAWTHORNE CA 90250
G Stephen Finley director 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
Lisa A. Friel director 2611 PLUM HOLLOW, SAN ANTONIO TX 78258
James Chao director, 10 percent owner 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Thomas J. Janssens officer: VP, Olefins Feedstock & Energy 2801 POST OAK BLVD., SUITE 600, HOUSTON TX 77056
Johnathan Stevan Zoeller officer: VP and CAO 2801 POST OAK BLVD., SUITE 600, HOUSTON TX 77056
Albert Chao director, 10 percent owner, officer: President & CEO 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
L. Benjamin Ederington director, officer: VP, General Counsel 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Mark Steven Bender director, officer: Sr VP, CFO 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Lawrence E. Teel officer: SVP, Olefins 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Ttwfgp Llc 10 percent owner 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
David Lumpkins director 600 TRAVIS STREET, SUITE 3250, HOUSTON TX 77002
Angela A Minas director 3262 WESTHEIMER ROAD #627, HOUSTON TX 77098
Blackstone Securities Partners L.p. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154-0191