Westlake Chemical Partners LP (WLKP): Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Westlake Chemical Partners (NYSE:WLKP) reported Q2 net income of $14 million, or $0.40 per unit, and distributable cash flow of $18 million, or $0.50 per unit. The quarterly distribution was $0.4714 per unit, with a 1.04x trailing coverage ratio. Consolidated net sales were $297 million. The partnership extended revolvers through 2031 and leadership shifted to John Bochert as CFO.

Westlake Chemical Partners LP (WLKP) filed an SEC Form 8-K — Results of Operations and Financial Condition. EXHIBIT 99.1 WESTLAKE CHEMICAL PARTNERS LP Contact—(713) 585-2900 Investors—Jonathan Baksht Media—L. Benjamin Ederington Westlake Chemical Partners LP Announces Second Quarter 2026 Results • Declared quarterly distribution of $0.4714 per unit; 48 th consecutive quarterly distribu

Westlake Chemical Partners LP (NYSE: WLKP) reported Q2 2026 net income attributable to the partnership of $14.2 million, or $0.40 per limited partner unit, versus $14.6 million in Q2 2025. Operating cash flow was $129.8 million. It declared a $0.4714 per unit distribution, 48th consecutive quarter, with trailing twelve-month coverage of 1.04x. Credit facilities were amended to extend maturities to July 2031.

PG&E Corp. plans to defer $2 billion in investments next year due to California's failure to pass wildfire liability legislation. CEO Patti Poppe cited the need to protect customers and improve credit ratings. Shares fell 0.8% in premarket trading. The company will still invest $11.4 billion in 2026 but will reevaluate long-term plans. PG&E reaffirmed its 2026 earnings guidance.

Uber Technologies plans to cut 3,300 jobs (10% of global workforce), its largest layoff since 2020. Shares rose 2.4% as investors approved of the streamlining effort. The cuts aim to reduce management layers and 'micro-teams', creating a flatter organization. CEO Dara Khosrowshahi stated the restructuring is not due to AI, but to simplify the company's structure. Uber had 34,000 employees at the end of 2023.

Lianhe Sowell International Group (NASDAQ:LHSW) shares rose 24.3% after pricing an $11M offering. The deal includes 7.6M units at $1.44 each, with each unit comprising one share and three warrants. Proceeds will fund R&D, market expansion, and working capital. The offering is expected to close by September 3, 2026.