Westlake Chemical Partners LP Reports Q3 Net Income of $14.7 Million
Westlake Chemical Partners LP reported net income attributable to the Partnership of $14.7 million, or $0.42 per limited partner unit, for the third quarter of 2025, compared to $18.1 million in the third quarter of 2024. Cash flows from operating activities for the third quarter of 2025 were $105.2 million, a decrease from $126.1 million in the same period of 2024. MLP distributable cash flow for the three months ended September 30, 2025, was $14.9 million, down from $17.9 million in the third quarter of 2024. The decrease in distributable cash flow and the trailing twelve-month coverage ratio was mainly due to higher maintenance capital expenditures during the period. For the nine months ended September 30, 2025, net income was $214.3 million, compared to $281.8 million for the same period in 2024. Depreciation and amortization expenses for the nine-month period were $93.4 million, up from $84.4 million in the previous year. The Partnership owns a 22.8 percent interest in Westlake Chemical OpCo LP, with assets including three ethylene production facilities and an ethylene pipeline.
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