Westlake Chemical Partners LP — Form 8-K
Filed August 4, 2026 · analyzed by the 8-K Agent
8-K
— Neutral
significance 28/100
What the filing says
Westlake Chemical Partners LP reported Q2 2026 net income of $14.2M ($0.40/unit), down slightly from Q2 2025's $14.6M ($0.41/unit). The Partnership declared a quarterly distribution of $0.4714 per unit on August 3, 2026 (the 48th consecutive quarterly distribution), payable August 28, 2026 to unitholders of record August 13, 2026. Operating cash flow surged to $129.8M in Q2 2026 from $9.1M in Q2 2025, and MLP distributable cash flow rose to $17.6M from $15.0M, with trailing twelve-month coverage ratio of 1.04x. On July 8, 2026, the Partnership and OpCo extended their senior unsecured revolving credit facilities with Westlake Corporation to July 2031.
Why this rating
Routine quarterly earnings and distribution maintenance; no material changes to operations, debt, or strategic direction. Event is typical for MLP business model.
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