Welcome to our dedicated page for Westlake Chem Partners Lp news (Ticker: WLKP), a resource for investors and traders seeking the latest updates and insights on Westlake Chem Partners Lp stock.
Westlake Chemical Partners LP (NYSE: WLKP) is a limited partnership in the U.S. chemical industry, formed by Westlake Corporation to operate, acquire and develop ethylene production facilities and related assets. Headquartered in Houston, the partnership’s news flow centers on its ethylene operations, commercial agreements with Westlake and its record of quarterly cash distributions to unitholders.
News updates for WLKP commonly cover quarterly earnings results, including net income attributable to the partnership, MLP distributable cash flow, coverage ratios and EBITDA. Earnings releases often discuss the performance of Westlake Chemical OpCo LP, the impact of planned maintenance turnarounds at ethylene facilities and the stability provided by the Ethylene Sales Agreement with Westlake, under which 95% of OpCo’s ethylene production is sold using a fixed cash margin formula.
Investors following WLKP news will also see announcements of quarterly distribution declarations. The partnership has highlighted more than forty consecutive quarterly distributions since its initial public offering, and distribution press releases typically include details on per-unit amounts, payment dates and record dates, as well as tax treatment information for non-U.S. investors.
Another key category of WLKP news involves contract renewals and governance arrangements with Westlake. For example, the partnership has announced renewals of the Ethylene Sales Agreement and Feedstock Supply Agreement through specified dates, along with amendments to the Services and Secondment Agreement and the Omnibus Agreement. These items are often accompanied by management commentary on predictable cash flows and the operational performance of OpCo’s ethylene facilities.
For readers tracking WLKP, this news stream provides insight into ethylene production trends, plant turnarounds, distribution practices and the evolving commercial relationship between Westlake Chemical Partners and Westlake Corporation.
Westlake Chemical Partners (NYSE: WLK) filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 with the SEC on March 4, 2026. The filing includes complete audited financial statements and is available free to unitholders.
Investors can view the 10-K via the Partnership's website under Investor Relations > SEC Filings, or request a free hard copy in writing to the address provided.
Westlake Chemical Partners (NYSE:WLKP) reported fourth quarter 2025 net income attributable to the Partnership of $14.5 million ($0.41 per unit) and MLP distributable cash flow of $18.8 million, yielding a quarterly coverage ratio of 1.13x. The Board declared a quarterly distribution of $0.4714 per unit, the 46th consecutive quarterly payout.
For full year 2025, net income attributable to the Partnership was $48.7 million and MLP distributable cash flow was $53.4 million, with full-year operating cash flow of $280.5 million, down from 2024 due mainly to the Petro 1 turnaround.
Westlake Chemical Partners (NYSE: WLKP) will release its fourth quarter and full year 2025 earnings before market open on Tuesday, February 24, 2026.
The company will host a conference call at 1:00 p.m. ET (12:00 p.m. CT) the same day. Pre-registration is required for phone access and a webcast and replay will be available. Earnings will be posted on the investor website.
Westlake Chemical Partners (NYSE:WLKP) declared a quarterly distribution of $0.4714 per unit, payable on February 23, 2026 to holders of record as of February 6, 2026. This marks the Partnership's 46th quarterly distribution since its IPO. The notice is intended as a qualified notice under Treasury Regulation Section 1.1446-4(b).
Brokers and nominees are instructed to treat 100.0% of distributions to non-U.S. investors as effectively connected income, meaning such distributions are subject to federal income tax withholding at the highest applicable effective rate.
Westlake Chemical Partners (NYSE: WLKP) reported Q3 2025 net income of $14.7 million ($0.42/unit), down from $18.1 million in Q3 2024. MLP distributable cash flow was $14.9 million for the quarter, below prior-year $17.9 million, driven primarily by higher maintenance capital expenditures. The Board declared a quarterly distribution of $0.4714 per unit payable Nov 26, 2025, the 45th consecutive quarterly distribution. OpCo renewed its Ethylene Sales Agreement with Westlake at existing terms (95% of production, $0.10/lb cash margin) through 2027, supporting predictable fee-based cash flows. Trailing twelve-month coverage ratio was 0.75x. Q3 operating cash flow was $105.2 million, up from Q2 2025 $9.1 million due to lower turnaround cash payments.
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"]