earnings
confidence high
sentiment neutral
materiality 0.55
Westlake Chemical Partners Q2 net income $14.2M ($0.40/unit); distribution $0.4714/unit
Westlake Chemical Partners LP
- Net income attributable to Partnership $14.2M, slightly below $14.6M in Q2 2025.
- Cash flows from operations $129.8M, up from $9.1M YoY on higher production and lower maintenance capex.
- MLP distributable cash flow $17.6M, up $2.6M YoY; trailing 12-month coverage ratio 1.04x.
- Declared quarterly distribution of $0.4714/unit, payable Aug 28, 2026 to holders of record Aug 13, 2026.
- Credit facilities with Westlake amended to extend maturity to July 2031.