WLKP

Westlake Chemical Partners offers a stable ~9% yield, underpinned by a fixed-margin contract and a 48-quarter unbroken distribution record. WLKP's cash flows are insulated from commodity price swings, with a cost-plus contract running through 2027 and minimal operational risk. Valuation is attractive at 13.8x forward earnings, about 10% below sector median, but growth prospects are limited and distribution raises are unlikely.

Westlake Chemical Partners LP Common Units (WLKP) Q2 2026 Earnings Call Transcript

Declared quarterly distribution of $0.4714 per unit; 48th consecutive quarterly distribution HOUSTON, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the second quarter of 2026 of $14.2 million, or $0.40 per limited partner unit, which was slightly below second quarter 2025 net income of $14.6 million. Cash flows from operating activities in the second quarter of 2026 were $129.8 million, an increase of $120.7 million compared to second quarter 2025 cash flows from operating activities of $9.1 million, primarily due to higher production and sales volume and lower maintenance capital expenditures as the result of the prior year's Petro 1 turnaround.

$0.4714 per unit distribution declared payable on August 28, 2026 HOUSTON, Aug. 03, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Westlake Chemical Partners GP LLC, the general partner of Westlake Chemical Partners LP (the "Partnership") (NYSE:WLKP), has declared a distribution of $0.4714 per unit. This is the 48th quarterly distribution announced by the Partnership since its initial public offering.

HOUSTON, July 21, 2026 (GLOBE NEWSWIRE) -- Westlake Chemical Partners (NYSE: WLKP) will release its second quarter 2026 earnings prior to the market opening on Tuesday, August 4, 2026. The company will host a conference call at 1:00 p.m.

Westlake Chemical Partners LP Common Units (WLKP) Q1 2026 Earnings Call Transcript

HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the first quarter of 2026 of $14.2 million, or $0.40 per limited partner unit, which was above first quarter 2025 net income of $4.9 million. Cash flows from operating activities in the first quarter of 2026 were $110.2 million, an increase of $64.4 million compared to first quarter 2025 cash flows from operating activities of $45.8 million, due t.

HOUSTON--(BUSINESS WIRE)--The Board of Directors of Westlake Chemical Partners GP LLC, the general partner of Westlake Chemical Partners LP (the "Partnership") (NYSE:WLKP), has declared a distribution of $0.4714 per unit. This is the 47th quarterly distribution announced by the Partnership since its initial public offering. The distribution will be payable on June 1, 2026, to unit holders of record on May 14, 2026. This release is intended to be a qualified notice under Treasury Regulation Sect.

HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") announced today that Mr. Jonathan H. Baksht will be joining the Partnership as Senior Vice President and Chief Financial Officer and as a director of Westlake Chemical Partners GP LLC, the general partner of the Partnership (the “General Partner”), effective June 15, 2026. Mr. Baksht succeeds Mr. M. Steven Bender, who, as previously disclosed, will retire by the end of the year and, effective June 15, 2026,.