Westlake Chemical Partners LP (WLKP) Form 8-K — May 5, 2026
Westlake Chemical Partners LP reported a strong start to 2026, with first quarter net income attributable to the Partnership more than doubling to $14.2 million from $4.9 million in the prior year quarter. This improvement was driven by higher production and sales volumes, partially offset by seasonally lower volumes compared to the fourth quarter of 2025. The Partnership generated MLP distributable cash flow of $17.9 million for the quarter, a significant increase from $4.7 million a year ago. This resulted in a trailing twelve-month coverage ratio of 1.00x, an improvement from 0.82x at the end of 2025, indicating stronger support for its distributions.
Key figures
- Eps
- 0.4
- Ebitda
- 121216000
- Revenue
- 305675000
- Net Income
- 14169000
- Cash Position
- 44290000
- Coverage Ratio
- 1.08
- Distributions Declared
- 0.4714
- Mlp Distributable Cash Flow
- 17886000
Price after filing
Close on the filing date to close N calendar days later (from $22.57). Historical, not a forecast.
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