earnings
confidence high
sentiment neutral
materiality 0.70
WLKP Q3 net income $14.7M ($0.42/unit); renews ethylene deal through 2027 at same terms
Westlake Chemical Partners LP
- Q3 net income $14.7M ($0.42/unit), down from $18.1M YoY; operating cash flow $105.2M, down $20.9M YoY.
- MLP distributable cash flow $14.9M; trailing 12-month coverage ratio 0.75x, below 0.79x prior quarter.
- Quarterly distribution maintained at $0.4714/unit, payable Nov 26, 2025, record Nov 10; 45th consecutive distribution.
- Ethylene Sales Agreement renewed through 2027 with no changes to pricing or volume protections.
- OpCo production returned to nameplate after Petro 1 turnaround completed in H1 2025.