{"schema_version":"secwatch.filing_event.v1","accession":"0001604665-25-000004","form_type":"8-K","ticker":"WLKP","cik":"0001604665","company_name":"Westlake Chemical Partners LP","filed_at":"2025-02-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.166209+00:00","generated_at":"2026-05-26T05:55:24.231961+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Westlake Chemical Partners Q4 net income $15M flat YoY; full-year net income up 15% to $62.4M","bullets":["Q4 2024 net income $15.0M ($0.43/unit) vs $14.3M Q4 2023; full-year $62.4M ($1.77/unit) vs $54.3M.","FY 2024 MLP distributable cash flow $66.9M, up $4.3M YoY; Q4 distributable cash flow $15.0M, down $1.4M.","Declared Q4 distribution of $0.4714/unit, payable Feb 25, 2025; 42nd consecutive quarterly distribution.","Trailing twelve-month coverage ratio 1.01x for Q4 2024, down from 1.03x in Q3 2024.","Petro 1 turnaround started late Jan 2025 (~60 days); coverage may dip below 1.00x in 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001604665-25-000004","json":"https://secwatch.observer/filing/0001604665-25-000004.json","markdown":"https://secwatch.observer/filing/0001604665-25-000004.md","text":"https://secwatch.observer/filing/0001604665-25-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1604665/000160466525000004/0001604665-25-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1604665/000160466525000004/wlkp-20250224.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T05:55:24.231961+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}