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 reports developments tied to its limited partnership structure and ethylene production assets. Formed by Westlake Corporation, the partnership owns a 22.8% interest in Westlake Chemical OpCo LP, whose assets include ethylene production facilities in Calvert City, Kentucky, and Lake Charles, Louisiana, and an ethylene pipeline.
Recurring updates cover quarterly results, distributable cash flow, cash-flow coverage, unit distributions, annual reporting, facility turnaround effects, and commercial agreements with Westlake. News also addresses the Ethylene Sales Agreement, feedstock arrangements, and the partnership’s role in processing ethane and propane into ethylene for Westlake and other U.S. customers.
Westlake Chemical Partners (NYSE: WLKP) reported second quarter 2026 net income attributable to the Partnership of $14.2 million, or $0.40 per limited partner unit, slightly below $14.6 million a year earlier. Revenue was $297.1 million, essentially unchanged from second quarter 2025, with lower sales to Westlake offset by higher third-party ethylene and co-product sales.
Cash flows from operating activities rose to $129.8 million from $9.1 million, mainly from higher production and sales volumes and lower maintenance capital expenditures following the prior year’s Petro 1 turnaround. MLP distributable cash flow increased to $17.6 million versus $15.0 million, supporting a trailing twelve-month coverage ratio of 1.04x of declared distributions, up from 1.00x in the first quarter.
The Board approved a $0.4714 second quarter 2026 distribution per common unit, payable August 28, 2026, the 48th consecutive quarterly payout. On July 8, 2026, the Partnership and OpCo amended their senior unsecured revolving credit agreements with Westlake Corporation, extending maturities to July 2031. According to the Partnership, OpCo’s ethylene sales agreement with Westlake, under which 95% of ethylene production is sold to Westlake for a $0.10 per pound cash margin net of specified costs, is intended to provide stable and predictable cash flows.
Westlake Chemical Partners (NYSE: WLKP) declared a quarterly distribution of $0.4714 per unit, its 48th since the IPO. The cash distribution is payable on August 28, 2026 to unitholders of record as of August 13, 2026. The notice also clarifies U.S. tax withholding treatment for non-U.S. investors.
Westlake Chemical Partners (NYSE: WLKP) plans to release its second quarter 2026 earnings before the market opens on Tuesday, August 4, 2026. A related conference call will be held that same day at 1:00 p.m. Eastern Time (12:00 p.m. Central Time). Phone participants must pre-register online to receive a dial-in number and unique PIN. The live conference call, replay, and earnings release will be accessible via the company’s investor relations website and specified webcast links.
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.