---
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"
generated_at: "2026-06-03T02:51:44.231925+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Westlake Chemical Partners Q1 net income flat at $14.8M; declares $0.4714/unit distribution

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001604665-24-000015
- JSON: https://secwatch.observer/filing/0001604665-24-000015.json
- Plain text: https://secwatch.observer/filing/0001604665-24-000015.txt

## Key facts
- Earnings Releases
  Westlake Chemical Partners LP reported first quarter 2024 results: net income $14.8 million, EPS $0.42 per limited partner unit.
  - Period: first quarter 2024
  - 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 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_url: https://www.sec.gov/Archives/edgar/data/1604665/000160466524000015/0001604665-24-000015-index.htm

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