The earnings call reflects a stable performance with consistent net income and successful completion of the Petro 1 turnaround. However, there is a noted decrease in distributable cash flow and challenges in the global macroeconomic environment. The highlights slightly outweigh the lowlights, indicating a resilient position amid external challenges.

Company Guidance

During Westlake Chemical Partners' second quarter 2025 earnings call, several key metrics were highlighted. The Partnership reported a net income of $15 million, or $0.41 per unit, and a distributable cash flow of $15 million, or $0.43 per unit. This represents a $2 million decrease from the second quarter of 2024, largely due to increased maintenance capital expenditures linked to the planned turnaround of the Petro 1 ethylene unit. Consolidated net income, including earnings from OpCo, was $86 million, with OpCo benefiting $14 million from the ethylene sales agreement. The Partnership announced a quarterly distribution of $0.4714 per unit, marking the 44th consecutive quarterly distribution. The consolidated cash balance stood at $81 million, and long-term debt was $400 million. The leverage ratio was maintained at approximately 1x. Looking forward, the Partnership plans to sustain its predictable fee-based cash flow while exploring growth opportunities through its four strategic levers.

Consistent Net Income

Westlake Partners reported a second quarter 2025 net income of $15 million or $0.41 per unit, consistent with the second quarter 2024 Partnership net income.

Completion of Petro 1 Turnaround

The successful completion of the Petro 1 turnaround during the second quarter of 2025 positions the Partnership for solid earnings and distributable cash flows well into the future.

44th Consecutive Quarterly Distribution

The Partnership announced its 44th consecutive quarterly distribution of $0.4714 per unit, growing distributions 71% since its IPO in 2014.

Strong Balance Sheet and Leverage Metrics

Westlake Partners maintained a strong balance sheet with a consolidated leverage ratio of approximately 1x and a cumulative distribution coverage ratio of approximately 1.1x.

Westlake Chemical PRN (WLKP) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

WLKP Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	0.43 / -	0.51	―	―	―
Aug 05, 2025	2025 (Q2)	0.47 / 0.41	0.41	0.00% (0.00)
May 02, 2025	2025 (Q1)	0.36 / 0.14	0.42	-66.67% (-0.28)	―
Feb 24, 2025	2024 (Q4)	0.42 / 0.43	0.41	4.88% (+0.02)
Nov 05, 2024	2024 (Q3)	0.40 / 0.51	0.37	37.84% (+0.14)
Aug 06, 2024	2024 (Q2)	0.43 / 0.41	0.34	20.59% (+0.07)	―
May 01, 2024	2024 (Q1)	0.45 / 0.42	0.42	0.00% (0.00)	―
Feb 20, 2024	2023 (Q4)	0.45 / 0.41	0.48	-14.58% (-0.07)	―
Nov 02, 2023	2023 (Q3)	0.44 / 0.37	0.42	-11.90% (-0.05)	―
Aug 03, 2023	2023 (Q2)	0.38 / 0.34	0.47	-27.66% (-0.13)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

WLKP Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$21.34	$21.54	+0.94%
May 02, 2025	$22.83	$22.32	-2.23%
Feb 24, 2025	$23.23	$23.42	+0.82%
Nov 05, 2024	$20.70	$20.70	0.00%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Westlake Chemical PRN (WLKP) report earnings?

Westlake Chemical PRN (WLKP) is schdueled to report earning on Nov 11, 2025, Before Open (Confirmed).

What is Westlake Chemical PRN (WLKP) earnings time?

Westlake Chemical PRN (WLKP) earnings time is at Nov 11, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is WLKP EPS forecast?

WLKP EPS forecast for the fiscal quarter 2025 (Q3) is 0.43.

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