Westlake Chemical Partners LP Announces First Quarter 2024 Results
Westlake Chemical Partners LP Common Units representing limited partner interests (WLKP)
Last westlake chemical partners lp common units representing limited partner interests earnings: 2/18 06:30 am
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US:NYSE Investor Relations:
wlkpartners.com
Company Research
Source: Business Wire
Declared quarterly distribution of $0.4714 per unit; 39th consecutive quarterly distribution HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the first quarter of 2024 of $14.8 million, or $0.42 per limited partner unit, which was in-line with first quarter 2023 net income of $14.9 million. Cash flows from operating activities in the first quarter of 2024 were $104.6 million, a decrease of $40.3 million compared to first quarter 2023 cash flows from operating activities of $144.9 million, due to less favorable working capital changes. For the three months ended March 31, 2024, MLP distributable cash flow was $16.9 million, a decrease of $0.7 million compared to first quarter 2023 MLP distributable cash flow of $17.6 million. The decrease in MLP distributable cash flow and associated trailing twelve-month coverage ratio was primarily due to lower production and sales volume.First qua
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News
- Westlake Chemical Partners LP (NYSE:WLKP) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Westlake Chemical Partners LP Announces First Quarter 2024 DistributionBusiness Wire
- 10 Undervalued Stocks with Latest Insider Purchases [Yahoo! Finance]Yahoo! Finance
- Westlake Chemical Partners: Stabilised And Hoping For More End-Market Volume (Downgrade) [Seeking Alpha]Seeking Alpha
- Westlake Chemical Partners Announce First Quarter 2024 Earnings Conference Call [Yahoo! Finance]Yahoo! Finance
WLKP
Earnings
- 5/1/24 - Miss
WLKP
Sec Filings
- 5/14/24 - Form 4
- 5/13/24 - Form 4
- 5/10/24 - Form S-8
- WLKP's page on the SEC website