---
schema_version: "secwatch.filing_event.v1"
accession: "0001604665-22-000015"
form_type: "8-K"
ticker: "WLKP"
cik: "0001604665"
company_name: "Westlake Chemical Partners LP"
filed_at: "2022-05-03T23:59:59+00:00"
generated_at: "2026-06-26T01:29:35.465270+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Westlake Chemical Partners Q1 net income $16.2M; declares $0.4714 distribution

## Summary
- Net income attributable to Partnership $16.2M ($0.46/unit), up from $15.1M in Q1 2021.
- Declared quarterly distribution $0.4714/unit payable May 26, 2022; 31st consecutive distribution.
- Cash from operations $104.8M, down $50.6M YoY due to timing of payments from Westlake.
- MLP distributable cash flow $19.3M, up $3.1M YoY, driven by higher earnings and reduced turnaround reserves.
- Strong ethylene production after Petro 2 turnaround; sales agreement with Westlake provides fixed margin on 95% of output.

## SEC filing metadata
- accession: 0001604665-22-000015
- form_type: 8-K
- ticker: WLKP
- cik: 0001604665
- company_name: Westlake Chemical Partners LP
- filed_at: 2022-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1604665/000160466522000015/0001604665-22-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1604665/000160466522000015/wlkp-20220503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001604665-22-000015
- JSON: https://secwatch.observer/filing/0001604665-22-000015.json
- Plain text: https://secwatch.observer/filing/0001604665-22-000015.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.