Westlake Chemical Partners LP (WLKP) Tops Q2 EPS by 8c
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Westlake Chemical Partners LP Announces Second Quarter 2016 Earnings and the completion of OpCo's 250 million pound ethylene expansion in Lake Charles, Louisiana
July 28, 2016 4:16 PM EDTHOUSTON, July 28, 2016 /PRNewswire/ -- Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership of $9.3 million, or $0.34 per limited partner unit, for the three months ended June 30, 2016, a decrease of $1.1 million compared to second quarter 2015 net income attributable to the Partnership of $10.4 million, or $0.39 per limited partner unit. The decrease in net income attributable to the Partnership as compared to the prior year period was primarily due to lower operating rates at Westlake Chemical OpCo LP's ("OpCo") Petro 1 facility in Lake Charles, Louisiana due to... More
