---
schema_version: "secwatch.filing_event.v1"
accession: "0001604665-26-000003"
form_type: "8-K"
ticker: "WLKP"
cik: "0001604665"
company_name: "Westlake Chemical Partners LP"
filed_at: "2026-02-24T23:59:59+00:00"
generated_at: "2026-05-16T00:48:33.666236+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Westlake Chemical Partners Q4 net income $14.5M, coverage ratio 1.13x, distribution $0.4714

## Summary
- Q4 net income $14.5M ($0.41/unit) vs $15.0M in Q4 2024; full year net income $48.7M ($1.38/unit), down from $62.4M.
- MLP distributable cash flow Q4 $18.8M, up $3.8M YoY; trailing 12-month coverage ratio improved to 0.80x from 0.75x.
- Quarterly distribution $0.4714 per unit paid Feb 23, 2026; 46th consecutive quarterly distribution.
- Petro 1 turnaround completed in Q2 2025; no planned turnarounds in 2026, expected to boost production and sales volume.
- OpCo sells 95% of ethylene production to Westlake at $0.10/lb cash margin, providing stable cash flows.

## SEC filing metadata
- accession: 0001604665-26-000003
- form_type: 8-K
- ticker: WLKP
- cik: 0001604665
- company_name: Westlake Chemical Partners LP
- filed_at: 2026-02-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1604665/000160466526000003/0001604665-26-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1604665/000160466526000003/wlkp-20260224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001604665-26-000003
- JSON: https://secwatch.observer/filing/0001604665-26-000003.json
- Plain text: https://secwatch.observer/filing/0001604665-26-000003.txt

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