The earnings call reflects a stable financial performance with successful operational achievements like the completion of the Petro 1 turnaround and consistent distributions. However, challenges such as decreased distributable cash flow and a soft global industrial environment present concerns.

Company Guidance -

Q3 2025

During the Westlake Chemical Partners Second Quarter 2025 Earnings Conference Call, the company reported a net income of $15 million or $0.41 per unit, with consolidated net income, including OpCo's earnings, amounting to $86 million. The distributable cash flow was $15 million or $0.43 per unit, a decrease of $2 million from the previous year due to higher maintenance expenditures. A quarterly distribution of $0.4714 per unit was announced, marking the 44th consecutive quarterly distribution since their 2014 IPO, with a growth of 71% in distributions since then. The company's strong leverage metrics include a consolidated leverage ratio of approximately 1x, and they maintain a cash balance of $81 million. The successful completion of the Petro 1 turnaround positions the Partnership for future stability in earnings and cash flows, with no further turnarounds planned for 2025 or 2026. Westlake continues to focus on growth opportunities through increases in ownership interest of OpCo, acquisitions, organic growth, and renegotiating fixed margins in their ethylene sales agreement.

Stable Net Income and Distribution

Westlake Partners reported a second quarter 2025 net income of $15 million or $0.41 per unit, consistent with the second quarter 2024 net income. The Partnership has made 44 consecutive quarterly distributions since its IPO in 2014.

Successful Completion of Petro 1 Turnaround

The planned turnaround of the Petro 1 ethylene unit was successfully completed, positioning the Partnership for solid earnings and distributable cash flows.

Predictable Cash Flow and Strong Balance Sheet

The Partnership has a predictable fee-based cash flow from the ethylene sales agreement, maintaining a cumulative distribution coverage ratio of approximately 1.1x. The consolidated cash balance stood at $81 million with a strong leverage ratio of approximately 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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