{"schema_version":"secwatch.filing_event.v1","accession":"0001604665-23-000030","form_type":"8-K","ticker":"WLKP","cik":"0001604665","company_name":"Westlake Chemical Partners LP","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.746481+00:00","generated_at":"2026-06-09T00:24:02.699576+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Westlake Chemical Partners Q3 net income $13.2M ($0.37/unit) vs $14.8M YoY; declares $0.4714 distribution","bullets":["Net income attributable to Partnership was $13.2M ($0.37/unit) in Q3 2023, down from $14.8M in Q3 2022 due to higher interest expense.","Cash from operations decreased to $100.9M from $115.5M YoY; MLP distributable cash flow was $13.6M, down $3.1M YoY.","Quarterly distribution declared at $0.4714 per unit, payable Nov 27, 2023, marking 37th consecutive quarterly distribution.","Trailing twelve-month distribution coverage ratio was 1.00x; CEO expects coverage to recover after turnaround activity.","Ethylene sales agreement provides fixed margin of $0.10/lb on 95% of production, supporting stable cash flows."],"urls":{"canonical":"https://secwatch.observer/filing/0001604665-23-000030","json":"https://secwatch.observer/filing/0001604665-23-000030.json","markdown":"https://secwatch.observer/filing/0001604665-23-000030.md","text":"https://secwatch.observer/filing/0001604665-23-000030.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1604665/000160466523000030/0001604665-23-000030-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1604665/000160466523000030/wlkp-20231102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T00:24:02.699576+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":"f27c18f25e46ee27b5d6dc12c6e00bee0974617f","claim":"Westlake Chemical Partners LP reported third quarter of 2023 results: net income 13.2 million, EPS 0.37.","evidence_excerpt":"Westlake Chemical Partners LP (NYSE: WLKP) (the \"Partnership\") today reported net income attributable to the Partnership in the third quarter of 2023 of $13.2 million, or $0.37 per limited partner unit,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1604665/000160466523000030/0001604665-23-000030-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of 2023"},{"label":"Net income","value":"13.2 million"},{"label":"EPS","value":"0.37"},{"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"}