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Stock impact report

Westlake Chemical Partners LP Reports Mixed 2023 Financial Results Amid Higher Interest Expenses [Yahoo! Finance]

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 Check Earnings Report
US:NYSE Investor Relations: wlkpartners.com
Company Research Source: Yahoo! Finance
Distributable Cash Flow : Full year MLP distributable cash flow fell to $62.6 million, down from $75.9 million in 2022. Quarterly Distribution : Declared quarterly distribution of $0.4714 per unit, marking the 38th consecutive payout. Operational Highlights : Completed maintenance at Calvert City ethylene unit; plans for Petro 1 unit turnaround in H2 2024. Financial Metrics : Full year net income per limited partner unit decreased to $1.54 from $1.82 in 2022. Cash Flow : Operating activities generated $452.0 million in cash flow for the full year, a decrease from $463.7 million in 2022. Balance Sheet : Total assets stood at $1.316 billion as of December 31, 2023, down from $1.372 billion the previous year. Warning! GuruFocus has detected 9 Warning Signs with WLKP. On February 20, 2024, Westlake Chemical Partners LP ( NYSE:WLKP ) released its 8-K filing , detailing its financial performance for the fourth quarter and full year of 2023. The company, which operates in the Show less Read more
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