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Westlake Chemical Partners LP - WLKP STOCK NEWS

Welcome to our dedicated news page for Westlake Chemical Partners LP (Ticker: WLKP), a resource for investors and traders seeking the latest updates and insights on Westlake Chemical Partners LP.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Westlake Chemical Partners LP's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Westlake Chemical Partners LP's position in the market.

Rhea-AI Summary
Westlake Chemical Partners LP (WLKP) announces the availability of 2023 Investor Tax Packages and Schedule K-1 for common unitholders, with potential changes based on pending tax legislation. Online access is provided for immediate retrieval and tax-related services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3%
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Rhea-AI Summary
Westlake Chemical Partners LP (WLKP) filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2023, with the SEC. Unitholders can access the report on the company's website or request a hard copy for free.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.67%
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Rhea-AI Summary
Westlake Chemical Partners LP (WLKP) provides an update on the availability of its 2023 Investor Tax Packages due to pending tax legislation. The Partnership's tax packages may be delayed compared to previous years, with online access expected by March 29, 2024, and mailing by April 5, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.45%
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none
Rhea-AI Summary
Westlake Chemical Partners LP (WLKP) reported a decrease in net income in Q4 2023 compared to Q4 2022 due to higher interest expense. Cash flows decreased, but distributable cash flow was maintained. Full-year 2023 net income decreased primarily due to higher interest expense and maintenance expenditures. The company plans a maintenance turnaround in 2024, potentially impacting coverage ratio. Quarterly distribution of $0.4714 per unit declared for Q4 2023, marking the 38th consecutive quarterly distribution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.87%
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Rhea-AI Summary
Westlake Chemical Partners (WLKP) will release its Q4 and full year 2023 earnings on February 20, 2024. A conference call to discuss the earnings will be held at 1:00 p.m. ET. Registration is required to access the call. The call and replay will be available via webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.83%
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Rhea-AI Summary
Westlake Chemical Partners LP (WLKP) has declared a distribution of $0.4714 per unit, marking the 38th quarterly distribution since its IPO. The distribution will be payable on February 20, 2024, to unit holders of record on February 2, 2024. Non-U.S. investors will be subject to federal income tax withholding at the highest applicable effective tax rate.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.52%
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Rhea-AI Summary
Westlake Chemical Partners LP (NYSE: WLKP) reported net income of $13.2 million in Q3 2023, compared to $14.8 million in Q3 2022. Cash flows from operating activities decreased to $100.9 million from $115.5 million. MLP distributable cash flow was $13.6 million, down from Q3 2022. The Partnership declared a quarterly distribution of $0.4714 per unit, marking the 37th consecutive quarterly distribution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.12%
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Rhea-AI Summary
Westlake Chemical Partners LP (NYSE:WLKP) has declared a distribution of $0.4714 per unit, payable on November 27, 2023. This is the 37th quarterly distribution announced by the Partnership since its IPO.
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Rhea-AI Sentiment
End-of-Day
0.73%
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Rhea-AI Summary
Westlake Chemical Partners to release Q3 2023 earnings on November 2, 2023
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Rhea-AI Sentiment
End-of-Day
-2.27%
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Rhea-AI Summary
Westlake Chemical Partners announces third quarter 2023 earnings conference call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.27%
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Westlake Chemical Partners LP

NYSE:WLKP

WLKP Rankings

WLKP Stock Data

774.31M
19.25M
44.81%
34.22%
0.29%
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