The earnings call reflected a stable business model with strong contractual agreements and a solid financial foundation. However, the lower net income and cash flow due to planned maintenance activities and global economic challenges indicate some current operational pressures.
Company Guidance
During the Westlake Chemical Partners Third Quarter 2025 Earnings Conference Call, management provided detailed financial metrics and guidance. The Partnership reported a net income of $15 million or $0.42 per unit, while the consolidated net income, including OpCo's earnings, was $86 million on $309 million in consolidated net sales. Distributable cash flow for the quarter was also $15 million or $0.42 per unit, which marked a $3 million decrease from the prior year due to higher maintenance capital expenditures. Despite these challenges, the Partnership maintained a strong leverage ratio of approximately 1x and announced a quarterly distribution of $0.4714 per unit, marking 45 consecutive quarterly distributions since its IPO. Looking ahead, Westlake Chemical Partners plans to leverage its Ethylene Sales Agreement, renewed through the end of 2027, to ensure stable and predictable cash flows despite global economic challenges. Additionally, the Partnership sees potential growth in increasing its ownership interest in OpCo, seeking qualified income stream acquisitions, expanding ethylene facilities, and possibly negotiating higher margins in its Ethylene Sales Agreement.
Renewal of Ethylene Sales Agreement
OpCo and Westlake agreed to renew the Ethylene Sales Agreement through the end of 2027 with no changes to the contract terms or conditions, maintaining the same pricing formula and sales volume protections.
Stable Financial Performance
The Partnership's predictable fee-based cash flow continues to prove beneficial, with 45 consecutive quarterly distributions since its IPO in 2014, growing distributions by 71% since the original minimum distribution.
Strong Balance Sheet
Westlake Partners maintains conservative financial and leverage metrics, with a consolidated leverage ratio of approximately 1x and a stable cash position of $51 million.
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
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
Oct 30, 2025
$18.47
$18.47
0.00%
Aug 05, 2025
$20.80
$21.00
+0.96%
May 02, 2025
$22.26
$21.76
-2.25%
Feb 24, 2025
$22.65
$22.83
+0.79%
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 Partners LP (WLKP) report earnings?
Westlake Chemical Partners LP (WLKP) is schdueled to report earning on Feb 24, 2026, Before Open (Confirmed).
What is Westlake Chemical Partners LP (WLKP) earnings time?
Westlake Chemical Partners LP (WLKP) earnings time is at Feb 24, 2026, 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.