Westlake Chemical Partners LP Announces Fourth Quarter and Full Year 2023 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
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Source: Business Wire
Declared quarterly distribution of $0.4714 per unit; 38th consecutive quarterly distribution HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the fourth quarter of 2023 of $14.3 million, or $0.41 per limited partner unit, a decrease of $2.5 million compared to fourth quarter 2022 net income of $16.8 million. The decrease in net income in the fourth quarter of 2023 when compared to the prior-year period was largely driven by higher interest expense. Cash flows from operating activities in the fourth quarter of 2023 were $107.7 million, a decrease of $14.9 million compared to fourth quarter 2022 cash flows from operating activities of $122.6 million, due to lower net income and less favorable working capital changes. For the three months ended December 31, 2023, MLP distributable cash flow was $16.4 million, a decrease of $3.9 million compared to fourth quarter 2022 MLP distributable
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WLKP
Earnings
- 5/1/24 - Miss
WLKP
Sec Filings
- 5/2/24 - Form 10-Q
- 5/1/24 - Form 8-K
- 4/1/24 - Form 4
- WLKP's page on the SEC website