Albert Chao
Albert Chao, formerly the President, Chief Executive Officer and Director of the General Partner, transitioned to the position of Executive Chairman of the Board of the General Partner;
Highest-materiality recent filing
Westlake Chemical Partners Q1 net income $14.2M, up from $4.9M; distribution $0.4714/unit
Net income attributable to Partnership of $14.2M ($0.40/unit) vs $4.9M in Q1 2025.
Westlake Chemical Partners Q4 net income $14.5M, coverage ratio 1.13x, distribution $0.4714
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.
WLKP Q3 net income $14.7M ($0.42/unit); renews ethylene deal through 2027 at same terms
Q3 net income $14.7M ($0.42/unit), down from $18.1M YoY; operating cash flow $105.2M, down $20.9M YoY.
Net income attributable to partnership of $4.9M ($0.14/unit) vs Q1 2024 net income of $14.8M.
Westlake Chemical Partners Q4 net income $15M flat YoY; full-year net income up 15% to $62.4M
Q4 2024 net income $15.0M ($0.43/unit) vs $14.3M Q4 2023; full-year $62.4M ($1.77/unit) vs $54.3M.
Westlake Chemical Partners Q3 2024 net income $18.1M, up 37% YoY; distribution $0.4714/unit
Net income attributable to Partnership $18.1M ($0.51/unit), up from $13.2M in Q3 2023.
Westlake Chemical Partners Q2 net income $14.4M ($0.41/unit); distribution declared
Net income $14.4M ($0.41/unit) up from $11.9M YoY; operating cash flow $121.9M, +$23.4M.
Westlake Chemical Partners appoints Jean-Marc Gilson CEO; Chao family transitions to chairman roles
James Chao becomes Senior Chairman; Albert Chao becomes Executive Chairman of the General Partner.
Westlake Chemical Partners Q4 net income down 15% YoY; coverage ratio falls to 0.94x
Q4 2023 net income $14.3M ($0.41/unit) vs $16.8M in Q4 2022; full year $54.3M vs $64.2M.
Albert Chao, formerly the President, Chief Executive Officer and Director of the General Partner, transitioned to the position of Executive Chairman of the Board of the General Partner;
Jean-Marc Gilson was appointed as the President, Chief Executive Officer and Director of the General Partner.
Mr. Holy transitioned to the position of Vice President, Chief Accounting Officer from his prior role as Vice President and Treasurer.
Mr. Zoeller transitioned to the position of Vice President and Treasurer from his prior role as Vice President, Chief Accounting Officer.
Max materiality 0.75 · Median 0.60 · Most common event earnings