{"schema_version":"secwatch.filing_event.v1","accession":"0001604665-24-000015","form_type":"8-K","ticker":"WLKP","cik":"0001604665","company_name":"Westlake Chemical Partners LP","filed_at":"2024-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.185716+00:00","generated_at":"2026-06-03T02:51:44.231925+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 flat at $14.8M; declares $0.4714/unit distribution","bullets":["Net income attributable to Partnership $14.8M ($0.42/unit), essentially flat vs Q1 2023 $14.9M.","MLP distributable cash flow $16.9M, down from $17.6M in Q1 2023 due to lower production/sales volume.","Quarterly distribution of $0.4714/unit declared (39th consecutive), payable May 29 to holders of record May 13.","Trailing 12-month coverage ratio 0.93x (cumulative since IPO 1.08x).","Management constructive on 2024 outlook; stable derivative demand and lower feedstock costs aiding margins."],"urls":{"canonical":"https://secwatch.observer/filing/0001604665-24-000015","json":"https://secwatch.observer/filing/0001604665-24-000015.json","markdown":"https://secwatch.observer/filing/0001604665-24-000015.md","text":"https://secwatch.observer/filing/0001604665-24-000015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1604665/000160466524000015/0001604665-24-000015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1604665/000160466524000015/wlkp-20240501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T02:51:44.231925+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":"fc1d587632e9ca30a3f8c73af9dc7b0d6c96e418","claim":"Westlake Chemical Partners LP reported first quarter 2024 results: net income $14.8 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 2024 of $14.8 million, or $0.42 per limited partner unit, which was in-line with first quarter 2023 net income of $14.9 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1604665/000160466524000015/0001604665-24-000015-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2024"},{"label":"Net income","value":"$14.8 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"}