---
schema_version: "secwatch.filing_event.v1"
accession: "0001604665-25-000019"
form_type: "8-K"
ticker: "WLKP"
cik: "0001604665"
company_name: "Westlake Chemical Partners LP"
filed_at: "2025-05-02T23:59:59+00:00"
generated_at: "2026-05-22T22:50:07.172009+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Westlake Chemical Partners Q1 net income $4.9M, down from $14.8M YoY; distribution held at $0.4714/unit

## Summary
- Net income attributable to partnership of $4.9M ($0.14/unit) vs Q1 2024 net income of $14.8M.
- MLP distributable cash flow of $4.7M, down from $16.9M YoY; trailing 12-month coverage ratio 0.82x.
- Planned Petro 1 turnaround reduced production and sales volume; turnaround completed in early April.
- Declared Q1 distribution of $0.4714/unit payable May 29, 2025 to holders of record May 13, 2025.
- CEO expects distributable cash flow and coverage to return to historical levels in coming quarters.

## SEC filing metadata
- accession: 0001604665-25-000019
- form_type: 8-K
- ticker: WLKP
- cik: 0001604665
- company_name: Westlake Chemical Partners LP
- filed_at: 2025-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1604665/000160466525000019/0001604665-25-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1604665/000160466525000019/wlkp-20250502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001604665-25-000019
- JSON: https://secwatch.observer/filing/0001604665-25-000019.json
- Plain text: https://secwatch.observer/filing/0001604665-25-000019.txt

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