Earnings Releases·Nov 4, 2026, 7:30 AM ET

Westlake Chemical Partners LP — Third Quarter 2026 Earnings Summary

Net income attributable to the Partnership rose to $16.2 million ($0.46 per unit) in Q3 2026 from $14.7 million ($0.42 per unit) in Q3 2025, while operating cash flow increased to $122.2 million from $105.2 million year-over-year.
MLP distributable cash flow grew to $18.0 million in Q3 2026 from $14.9 million in the prior year period, supported by a trailing twelve-month coverage ratio of 1.09x.
Management anticipates continued earnings and cash flow stability driven by the ethylene sales agreement with Westlake, despite net sales to Westlake declining to $261.9 million from $276.5 million.
The Board declared a flat quarterly distribution of $0.4714 per unit for Q3 2026, marking the 49th consecutive quarterly payment, while capital expenditures decreased to $29.7 million for the nine-month period from $70.0 million previously.
The Partnership recorded $42.0 million in investments with Westlake under the Investment Management Agreement during the first nine months of 2026, with no such investments made in the prior year period.