Westlake Chem Partners Lp Stock Price, News & Analysis

Westlake Chemical Partners (NYSE: WLKP) announced that Westlake Chemical OpCo and Westlake Corporation renewed the Ethylene Sales Agreement through December 31, 2027, with an initial term to December 31, 2026 and automatic 12-month renewals unless terminated with 12 months' notice.

The renewal secures offtake on attractive terms for 95% of OpCo's ethylene output, preserves the existing pricing formula and sales volume protections, and is cited as supporting the Partnership's distributable cash flow that enabled 45 consecutive quarterly distributions since its 2014 IPO. Related amendments align the Services and Secondment Agreement term to the ethylene agreement and set the Omnibus Agreement to terminate upon termination of the Ethylene Sales Agreement, with indemnity procedural updates for environmental and tax matters.

Westlake Chemical Partners LP (NYSE:WLKP) declared a quarterly distribution of $0.4714 per unit, the Partnership's 45th quarterly distribution since its IPO. The distribution is payable on November 26, 2025 to unit holders of record on November 10, 2025.

The notice is designated as a qualified notice under Treasury Regulation §1.1446-4(b). Brokers and nominees are instructed to treat 100.0% of distributions to non-U.S. investors as income effectively connected with a U.S. trade or business, meaning such distributions are subject to federal income tax withholding at the highest applicable effective tax rate.

Westlake Chemical Partners (NYSE: WLKP) will release third quarter 2025 earnings before market open on Thursday, October 30, 2025. The company will host a conference call at 1:00 p.m. ET (12:00 p.m. CT) the same day to discuss results.

Phone participants must pre-register to receive a phone number and unique PIN; dial in and enter the PIN to join. The live conference and replay will be available via webcast, and the earnings release will be posted on the company's investor webpage.

Westlake Chemical Partners LP (NYSE:WLKP) reported Q2 2025 net income of $14.6 million ($0.41 per unit), in line with Q2 2024's $14.4 million. The partnership declared its 44th consecutive quarterly distribution of $0.4714 per unit.

Q2 2025 cash flows from operations decreased to $9.1 million from $121.9 million in Q2 2024, while MLP distributable cash flow was $15.0 million, down from $17.1 million. The decline was primarily attributed to higher maintenance capital expenditures from the Petro 1 turnaround, which extended into April.

The trailing twelve-month coverage ratio was 0.79x, below the previous quarter's 0.82x, though management expects improvement in H2 2025. The partnership maintains a stable sales agreement with Westlake Corporation, providing a fixed margin of $0.10 per pound on 95% of OpCo's ethylene production.

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.