secwatch.observer — SEC 8-K summary
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Issuer:     Westlake Chemical Partners LP (WLKP)
CIK:        0001604665
Form:       8-K
Filed at:   2021-08-03T23:59:59+00:00
Accession:  0001604665-21-000039
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Westlake Chemical Partners Q2 net income record $25.1M, up 68% YoY; distribution $0.4714/unit
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- Net income $25.1M ($0.71/unit) vs $14.9M Q2 2020; record quarterly net income.
- Cash from operating activities $131.7M, up from $112.8M in Q2 2020.
- Distribution $0.4714/unit payable Aug 26, 2021; 28th consecutive quarterly distribution.
- MLP distributable cash flow $25.5M, up from $16.9M; trailing 12-month coverage 1.18x.
- Buyer deficiency fee of $8.7M from winter storm and Petro 1 outage contributed to higher earnings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1604665/000160466521000039/0001604665-21-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1604665/000160466521000039/wlkp-20210803.htm
  HTML page:      https://secwatch.observer/filing/0001604665-21-000039

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer