Earnings ·
Westlake Chemical Partners LP reported second quarter 2026 net income attributable to the Partnership of $14.2 million…
WLKPWestlake Chemical Partners LP
Westlake Chemical Partners LP reported second quarter 2026 net income attributable to the Partnership of $14.2 million ($0.40 per unit), slightly below the prior year's $14.6 million, while operating cash flows surged to $129.8 million from $9.1 million due to higher volumes and lower maintenance capital expenditures. The Board approved a quarterly distribution of $0.4714 per common unit for Q2 2026, payable on August 28, 2026, to unitholders of record as of August 13, 2026, marking the 48th consecutive quarterly payment. Additionally, the Partnership and OpCo amended their senior unsecured revolving credit agreements on July 8, 2026, extending maturity dates to July 2031. Westlake Chemical Partners LP operates ethylene production facilities and other qualified assets in the chemical industry.