---
schema_version: "secwatch.filing_event.v1"
accession: "0001604665-22-000033"
form_type: "8-K"
ticker: "WLKP"
cik: "0001604665"
company_name: "Westlake Chemical Partners LP"
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T09:06:04.803774+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Westlake Chemical Partners Q3 net income up 16% to $14.8M; declares $0.4714 distribution

## Summary
- Net income attributable to Partnership $14.8M ($0.42/unit) vs $12.8M in Q3 2021, up 16%.
- Declared Q3 distribution $0.4714/unit payable Nov 28 to holders of record Nov 10; 33rd consecutive.
- Cash from ops $115.5M, up $16M YoY; MLP distributable cash flow $16.7M, coverage ratio 1.07x trailing twelve months.
- Received $13.9M buyer deficiency fee from Westlake due to volatile downstream demand lowering planned offtake.
- CEO cites ratable sales agreement with Westlake providing fixed margin on 95% of production, optimistic for 2023.

## SEC filing metadata
- accession: 0001604665-22-000033
- form_type: 8-K
- ticker: WLKP
- cik: 0001604665
- company_name: Westlake Chemical Partners LP
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1604665/000160466522000033/0001604665-22-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1604665/000160466522000033/wlkp-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001604665-22-000033
- JSON: https://secwatch.observer/filing/0001604665-22-000033.json
- Plain text: https://secwatch.observer/filing/0001604665-22-000033.txt

## Key facts
- Earnings Releases
  Westlake Chemical Partners LP reported the third quarter of 2022 results: net income $14.8 million, EPS $0.42 per limited partner unit.
  - Period: the third quarter of 2022
  - Net income: $14.8 million
  - EPS: $0.42 per limited partner unit
  - Result: reported results
  source text: Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the third quarter of 2022 of $14.8 million, or $0.42 per limited partner unit, an increase of $2.0 million compared to third quarter 2021 of $12.8 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1604665/000160466522000033/0001604665-22-000033-index.htm

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