Westlake Chemical Partners LP (WLKP) Tops Q1 EPS by 5c

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Westlake Chemical Partners LP Announces First Quarter 2016 Earnings

May 3, 2016 6:45 AM EDT

HOUSTON, May 3, 2016 /PRNewswire/ -- Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership of $12.1 million, or $0.45 per limited partner unit, for the three months ended March 31, 2016, an increase of $3.6 million compared to first quarter 2015 net income attributable to the Partnership of $8.5 million, or $0.31 per limited partner unit. For the three months ended March 31, 2016, MLP distributable cash flow was $9.5 million, an increase of $0.5 million compared to first quarter 2015 MLP distributable cash flow of $9.0 million. The increases in net income attributable to the Partnership and MLP... More