Westlake Chem Partners Lp Stock Price, News & Analysis

Westlake Chemical Partners (NYSE:WLKP) has declared its 44th quarterly distribution of $0.4714 per unit, payable on August 27, 2025, to unitholders of record as of August 12, 2025.

The announcement represents a continuation of the Partnership's consistent distribution policy since its IPO. The distribution is subject to federal income tax withholding for non-U.S. investors at the highest applicable effective tax rate, as 100% of the distribution is considered income effectively connected with U.S. trade or business.

["Consistent quarterly distribution maintained", "44th consecutive quarterly distribution since IPO"]

Westlake Chemical Partners (NYSE:WLKP) has scheduled its second quarter 2025 earnings release and conference call for Tuesday, August 5, 2025. The earnings will be released before market opening, followed by a conference call at 1:00 p.m. Eastern Time (12:00 p.m. Central Time).

Participants must pre-register through the provided link to receive a phone number and unique PIN for accessing the conference call. The event will also be accessible via webcast, and the earnings release will be available on the company's investor relations website.

Westlake Chemical Partners LP (NYSE: WLKP) reported Q1 2025 net income of $4.9 million ($0.14 per unit), down from $14.8 million in Q1 2024. Cash flows from operating activities decreased to $45.8 million from $104.6 million year-over-year. The decline was primarily due to the planned Petro 1 ethylene facility turnaround in Lake Charles, Louisiana, which began in January and extended into early April. The facility has since returned to full operating rates. The Partnership declared its 43rd consecutive quarterly distribution of $0.4714 per unit, with a trailing twelve-month coverage ratio of 0.82x, down from 1.01x in Q4 2024. The company's OpCo's Ethylene Sales Agreement with Westlake ensures stable cash flows, with 95% of production sold at a $0.10 per pound margin.

Westlake Chemical Partners has announced its first quarter 2025 distribution of $0.4714 per unit, marking its 43rd quarterly distribution since the initial public offering. The distribution will be paid on May 29, 2025, to unitholders of record as of May 13, 2025.

The announcement, made by the Board of Directors of Westlake Chemical Partners GP, includes important tax information for non-U.S. investors. Under Treasury Regulation Section 1.1446-4(b), 100% of the Partnership's distributions to non-U.S. investors will be treated as income connected with U.S. trade or business, subject to federal income tax withholding at the highest applicable rate.

Westlake Chemical Partners (NYSE: WLKP) has scheduled its first quarter 2025 earnings release and conference call. The company will publish its financial results before market opening on Friday, May 2, 2025.

A conference call is scheduled for 1:00 p.m. Eastern Time (12:00 p.m. Central Time) on the same day to discuss the earnings. Participants must pre-register through a provided link to receive a unique PIN and phone number for call access.

Stakeholders can access the conference call and replay via webcast, and the earnings release will be available on the company's investor relations website.

Westlake Chemical Partners LP (NYSE: WLKP) has announced the filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2024. The report was submitted to the Securities and Exchange Commission on March 5, 2025.

The document is accessible on the Partnership's website at www.wlkpartners.com under the 'Investor Relations' section in 'SEC Filings'. Unitholders can request a complimentary hard copy of the Annual Report, including complete audited financial statements, by submitting a written request to the company's Houston office.

Westlake Chemical Partners LP (NYSE: WLKP) reported Q4 2024 net income of $15.0 million ($0.43 per unit), compared to $14.3 million in Q4 2023. Cash flows from operating activities increased to $132.5 million, up $24.8 million from Q4 2023.

For full-year 2024, net income reached $62.4 million ($1.77 per unit), an $8.1 million increase from 2023, driven by higher third-party ethylene sales prices and margins. Operating cash flows grew to $485.0 million, up $33.0 million from 2023.

The Partnership declared its 42nd consecutive quarterly distribution of $0.4714 per unit. The company deferred the planned Petro 1 ethylene unit turnaround to 2025, which helped exceed annual production plans and capture attractive third-party ethylene prices in H2 2024. The maintenance turnaround began in January 2025 and is expected to last approximately 60 days.

Westlake Chemical Partners (NYSE: WLKP) has announced its upcoming fourth quarter and full year 2024 earnings release, scheduled for Monday, February 24, 2025, before market opening. The company will host a conference call at 1:00 p.m. Eastern Time (12:00 p.m. Central Time) on the same day to discuss the results.

Participants must pre-register through a provided link to access the conference call, after which they will receive a phone number and unique PIN for dial-in. The earnings conference call and replay will also be accessible via webcast, and the earnings release will be available on the company's investor relations website.

Westlake Chemical Partners LP (NYSE:WLKP) has announced its fourth quarter 2024 distribution of $0.4714 per unit, marking its 42nd quarterly distribution since its IPO. The distribution will be paid on February 25, 2025, to unitholders of record as of February 7, 2025.

The announcement includes a qualified notice under Treasury Regulation Section 1.1446-4(b), stating that 100% of distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate, as they are considered income effectively connected with U.S. trade or business.