$WLKP

Westlake Chemical Partners LP

Westlake Chemical Partners LP is a Delaware limited partnership whose business is conducted through OpCo, in which it holds a 22.8% limited partner interest and controls the general partner. Its sole revenue-generating asset is that interest in OpCo. OpCo owns and operates three ethylene production facilities in Lake Charles, Louisiana, and Calvert City, Kentucky, as well as a 200-mile ethylene pipeline connecting Mont Belvieu, Texas, with the Longview, Texas, chemical site. Its facilities primarily convert ethane into ethylene, used in products such as polyethylene and polyvinyl chloride. OpCo earns money primarily by selling ethylene to Westlake and other customers, and by selling co-products including propylene, crude butadiene, pyrolysis gasoline and hydrogen. Westlake is required to purchase 95% of OpCo’s planned ethylene production under a cost-plus agreement; other ethylene and co-products are sold to third parties. Westlake also supplies feedstock and provides operating services, including seconded employees. The partnership’s assets and operations are located in the United States. Westlake Chemical Partners LP is headquartered in Houston, Texas.

AlphAI earnings readthird quarter of 2026 · NOV 4Westlake Chemical Partners LP Announces Third Quarter 2026 ResultsVerdict: solid

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Westlake Chemical Partners LP Q3 2026 Earnings Call Summary

Westlake Chemical Partners LP reported Q3 2026 net income growth due to higher production and sales volumes. Distributable cash flow rose to $18 million, with a trailing 12-month coverage ratio of 1.09x. Management expects modest benefits from rising ethylene prices in Q4 2026 and plans to begin renegotiating the Ethylene Sales Agreement next year. The company maintains a conservative leverage ratio of 1x and has sustained distributions for 49 consecutive quarters.

Westlake Chemical Partners LP Announces Third Quarter 2026 Results

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—Jeff Holy Media—L. Benjamin Ederington Westlake Chemical Partners LP Announces Third Quarter 2026 Results • Declared quarterly distribution of $0.4714 per unit; 49 th consecutive quarterly distribution HO

Westlake Chemical Partners declares $0.4714 dividend (NYSE:WLKP)

Westlake Chemical Partners (WLKP) announced a $0.4714 quarterly dividend per share, with a forward yield of 8.64%. The dividend is payable on December 1 to shareholders of record on November 13. The company also presented at Citi's 2026 Natural Resources Conference.

WLKP sentiment & insider activity

Over the past 7 days, AlphAI's AI scored 8 news stories mentioning WLKP (Westlake Chemical Partners LP). Coverage has skewed bullish: 6 bullish, 2 neutral, and 0 bearish.

Recent WLKP coverage spans earnings, corporate actions and financial news.

What's driving WLKP

  • Westlake Chemical Partners LP reported Q3 2026 net income growth due to higher production and sales volumes. Distributable cash flow rose to $18 million, with a trailing 12-month coverage ratio of 1.09x. Management expects modest benefits from rising ethylene prices in Q4 2026 and plans to begin renegotiating the Ethylene Sales Agreement next year. The company maintains a conservative leverage ratio of 1x and has sustained distributions for 49 consecutive quarters.

    finance.yahoo.com · Nov 4, 2026

  • Earnings beat prior quarter and increased cash flow suggest modest upside.

    SEC EDGAR 8-K · Nov 4, 2026

  • Dividend announcement may attract income-focused investors, providing modest price support.

    seekingalpha.com · Nov 3, 2026

  • Truist Securities reduced its price target for Westlake Chemical (WLK) to $90 from $104, citing challenging conditions in its HIP and commodity chemicals businesses. The stock is down 46% over six months. The company reported stronger-than-expected Q2 2026 earnings of $2.01 per share on revenue of $3.27 billion. Analysts have mixed views, with KeyBanc initiating coverage with an Overweight rating and BMO Capital downgrading to Market Perform.

    investing.com · Oct 1, 2026

  • Executive appointment with no immediate financial impact.

    SEC EDGAR 8-K · Aug 31, 2026

AlphAI scores every news story that mentions WLKP with an AI model for sentiment and relevance, and aggregates insider trades from Westlake Chemical Partners LP's SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $WLKP

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Westlake Chemical Partners LP Q3 2026 Earnings Call Summary

Westlake Chemical Partners LP reported Q3 2026 net income growth due to higher production and sales volumes. Distributable cash flow rose to $18 million, with a trailing 12-month coverage ratio of 1.09x. Management expects modest benefits from rising ethylene prices in Q4 2026 and plans to begin renegotiating the Ethylene Sales Agreement next year. The company maintains a conservative leverage ratio of 1x and has sustained distributions for 49 consecutive quarters.

Westlake Chemical Partners LP Announces Third Quarter 2026 Results

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—Jeff Holy Media—L. Benjamin Ederington Westlake Chemical Partners LP Announces Third Quarter 2026 Results • Declared quarterly distribution of $0.4714 per unit; 49 th consecutive quarterly distribution HO

Truist cuts Westlake Chemical stock price target on challenging conditions

Truist Securities reduced its price target for Westlake Chemical (WLK) to $90 from $104, citing challenging conditions in its HIP and commodity chemicals businesses. The stock is down 46% over six months. The company reported stronger-than-expected Q2 2026 earnings of $2.01 per share on revenue of $3.27 billion. Analysts have mixed views, with KeyBanc initiating coverage with an Overweight rating and BMO Capital downgrading to Market Perform.

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 LP (WLKP) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 31, 2026, Westlake Chemical Partners LP (the “Partnership”) announced that Tommy E. Darby, age 45, was appointed

Westlake Chemical Partners Q2 Earnings Call Highlights

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 Q2 2026 Earnings Call Summary

Westlake Chemical Partners LP reported stable sequential net income of $14 million and a $3 million year-over-year increase in distributable cash flow, citing higher volumes and lower maintenance costs. The partnership renewed revolver agreements through 2031 with a 10 bp interest-rate reduction, expects fixed-margin ethylene to limit volatility, and plans to sustain distributions without new capital markets.

Westlake Chemical Partners LP Announces Second Quarter 2026 Results

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 Announces Second Quarter 2026 Results

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.

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