{"schema_version":"secwatch.filing_event.v1","accession":"0001604665-23-000015","form_type":"8-K","ticker":"WLKP","cik":"0001604665","company_name":"Westlake Chemical Partners LP","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.628206+00:00","generated_at":"2026-06-15T22:03:56.156346+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Westlake Chemical Partners Q1 net income $14.9M ($0.42/unit); distribution of $0.4714 declared","bullets":["Net income attributable to Partnership $14.9M ($0.42/unit), down from $16.2M YoY due to higher interest expense.","Cash flows from operations $144.9M, up $40.1M YoY from favorable working capital changes.","MLP distributable cash flow $17.6M, down $1.7M YoY; trailing 12-month coverage ratio 1.12x.","Quarterly distribution declared $0.4714/unit, payable May 26, 2023, 35th consecutive quarterly distribution.","CEO cites strong production volumes and fixed-margin sales agreement with Westlake covering 95% of output."],"urls":{"canonical":"https://secwatch.observer/filing/0001604665-23-000015","json":"https://secwatch.observer/filing/0001604665-23-000015.json","markdown":"https://secwatch.observer/filing/0001604665-23-000015.md","text":"https://secwatch.observer/filing/0001604665-23-000015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1604665/000160466523000015/0001604665-23-000015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1604665/000160466523000015/wlkp-20230504.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T22:03:56.156346+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"13da451873a3e5910300d9dd6f52c4df800adb3a","claim":"Westlake Chemical Partners LP reported first quarter of 2023 results: net income net income attributable to the Partnership in the first quarter of 2023 of $14.9 million, EPS $0.42 per limited partner unit.","evidence_excerpt":"Westlake Chemical Partners LP (NYSE: WLKP) (the \"Partnership\") today reported net income attributable to the Partnership in the first quarter of 2023 of $14.9 million, or $0.42 per limited partner unit, a decrease of $1.3 million compared to first quarter 2022 net income of $16.2 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1604665/000160466523000015/0001604665-23-000015-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2023"},{"label":"Net income","value":"net income attributable to the Partnership in the first quarter of 2023 of $14.9 million"},{"label":"EPS","value":"$0.42 per limited partner unit"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}