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Westlake Chemical Partners LP's quarterly market cap
declined
from Sep. 2025 ($740 Mil) to Dec. 2025 ($670 Mil) but then
increased
from Dec. 2025 ($670 Mil) to Mar. 2026 ($779 Mil).
Westlake Chemical Partners LP's annual market cap
increased
from Dec. 2023 ($763 Mil) to Dec. 2024 ($815 Mil) but then
declined
from Dec. 2024 ($815 Mil) to Dec. 2025 ($670 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Westlake Chemical Partners LP's Enterprise Value for Today is $1,668 Mil.
Westlake Chemical Partners LP (NYSE:WLKP) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Westlake Chemical Partners LP Market Cap Related Terms
Westlake Chemical Partners LP Market Cap Historical Data
* 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.
For the Chemicals subindustry, Westlake Chemical Partners LP's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Westlake Chemical Partners LP's Market Cap distribution charts can be found below:
* The bar in red indicates where Westlake Chemical Partners LP's Market Cap falls into.
Westlake Chemical Partners LP Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* 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 (WLKP) has a Market Cap of $776 Mil as of Jul. 22, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Westlake Chemical Partners LP and its competitors. According to the industry distribution chart, Westlake Chemical Partners LP ranks #468 out of 1632 companies in the Chemicals industry, placing it in the top 28.7%.
Is Westlake Chemical Partners LP's Market Cap too high?
Westlake Chemical Partners LP's current Market Cap is $776 Mil. The Chemicals industry median Market Cap is 276.87. Westlake Chemical Partners LP's value of $776 Mil is 180.3% above this industry median. Based on the distribution chart, Westlake Chemical Partners LP ranks #468 out of 1632 companies in the Chemicals industry, which is above the industry midpoint. 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 Market Cap compare to LXU and ASPI?
According to the Chemicals industry distribution chart, Westlake Chemical Partners LP ranks #468 out of 1632 companies for Market Cap. This puts Westlake Chemical Partners LP in the upper half of its industry. The industry median Market Cap is 276.87. Westlake Chemical Partners LP's value of $776 Mil is 180.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Chemicals company?
The median Market Cap among Chemicals companies is 276.87, based on 1,632 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Westlake Chemical Partners LP's current Market Cap of $776 Mil is 180.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Westlake Chemical Partners LP and its competitors. For the Chemicals industry, the median Market Cap is 276.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Westlake Chemical Partners LP's current Market Cap is $776 Mil. 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 $24.32, compared to a current price of $22.03 — trading 9.4% below its estimated fair value. The current Market Cap is $776 Mil and 180.3% above the Chemicals industry median of 276.87. 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Westlake Chemical Partners LP (WLKP), the current Market Cap is $776 Mil 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 9.4% below its estimated GF Value™ of $24.32.
GuruFocus considers Westlake Chemical Partners LP to be Fairly Valued.
Key valuation signals for WLKP:
Market Cap: $776 Mil
GF Value™: $24.32 vs. price of $22.03 (9.4% below fair value)
Industry Position: 180.3% above the Chemicals median (#468 of 1632)
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
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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