Westlake affiliate Westlake Chemical Partners posts Q1 net income USD 14.2 million
Westlake Chemical Partners LP
Westlake Corporation
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- Westlake Chemical Partners, affiliate of Westlake Corp, posted first-quarter 2026 net income attributable to partnership of $14.2 million, or $0.4 per unit, up from $4.9 million a year earlier.
- Operating cash flow rose to $110.2 million from $45.8 million, driven by higher production and sales volumes following prior-year Petro 1 turnaround.
- MLP distributable cash flow increased to $17.9 million from $4.7 million, lifting trailing 12-month distribution coverage ratio to 1x from 0.82x at end of fourth-quarter 2025.
- Quarterly distribution held at $0.4714 per unit, payable June 1 to holders of record May 14.
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