Westlake Chemical Partners LP Announces First Quarter 2026 Results
Westlake Chemical Partners reported Q1 2026 net income of $14.2 million, nearly triple the prior year's $4.9 million, driven by higher production and sales volume following the Petro 1 turnaround. MLP distributable cash flow jumped to $17.9 million from $4.7 million YoY, lifting the coverage ratio to 1.08x and comfortably covering the declared distribution of $0.4714 per unit.
Key figures
- Eps
- 0.4
- Revenue
- $305.7 million
- Revenue Yoy
- 28.6%
- Coverage ratio ttm
- 1.00x
- Distribution per unit
- 0.4714
- Coverage ratio q1 2026
- 1.08x
- Cash flow from operations q1 2026
- 110198000
AI analysis
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