secwatch.observer — SEC 8-K summary
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Issuer:     Westlake Chemical Partners LP (WLKP)
CIK:        0001604665
Form:       8-K
Filed at:   2025-08-05T23:59:59+00:00
Accession:  0001604665-25-000029
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Westlake Chemical Partners Q2 net income $14.6M; distribution $0.4714/unit declared
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- Net income $14.6M ($0.41/unit) vs $14.4M in Q2 2024; flat YoY.
- Cash from operating activities $9.1M, down $112.8M YoY due to Petro 1 turnaround payments.
- MLP distributable cash flow $15.0M, down $2.1M YoY; coverage ratio 0.79x for trailing twelve months.
- Quarterly distribution $0.4714/unit payable Aug 27, 2025 to holders of record Aug 12; 44th consecutive.
- CEO expects coverage ratio to improve in H2 2025 after completion of Petro 1 turnaround.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1604665/000160466525000029/0001604665-25-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1604665/000160466525000029/wlkp-20250805.htm
  HTML page:      https://secwatch.observer/filing/0001604665-25-000029

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