Westlake Chemical Partners Q2 FY26 net income slips to $14.24 million; net sales hold at $297.1 million
Reuters2026/08/04 10:31Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Westlake Chemical Partners posted Q2 2026 net income attributable to the Partnership of $14.2 million, or $0.40 per unit, down 2.2% year over year.
- Cash flows from operating activities climbed to $129.8 million from $9.1 million a year earlier, due to higher volume and lower maintenance capital.
- MLP distributable cash flow rose 17.3% year over year to $17.6 million; trailing 12-month distribution coverage improved to 1.04x from 1.00x.
- Quarterly distribution held at $0.4714 per unit, payable Aug. 28 to holders of record Aug. 13.
- Credit agreement amendments with Westlake extended maturities to July 2031; CEO Jean-Marc Gilson cited higher third-party ethylene prices and stable cash flows.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Westlake Chemical Partners LP published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608040630PRIMZONEFULLFEED9802843) on August 04, 2026, and is solely responsible for the information contained therein.
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