Westlake Chemical Partners Q3 2024 net income $18.1M, up 37% YoY; distribution $0.4714/unit

Westlake Chemical Partners LP

Net income attributable to Partnership $18.1M ($0.51/unit), up from $13.2M in Q3 2023.
MLP distributable cash flow $17.9M, up $4.3M YoY; trailing 12-month coverage ratio improved to 1.03x.
Quarterly distribution declared $0.4714/unit (41st consecutive), payable Nov 27, 2024.
Deferred Petro 1 turnaround to Q1 2025; shifted third-party sales into Q3 for better margins.
Expects moderation in distributable cash flow in Q4 due to higher maintenance capex for turnaround.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.