Westlake Chemical Partners LP (WLKP) Misses Q3 EPS by 7c

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Go back to Westlake Chemical Partners LP (WLKP) Misses Q3 EPS by 7c

Westlake Chemical Partners LP Announces Third Quarter 2016 Earnings

November 8, 2016 6:45 AM EST

Increased quarterly cash distribution to $0.3353 per unit, a 2.9% increase from the previous quarter

HOUSTON--(BUSINESS WIRE)-- Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership of $8.7 million, or $0.32 per limited partner unit, for the three months ended September 30, 2016, a decrease of $1.4 million compared to third quarter 2015 net income attributable to the Partnership of $10.1 million, or $0.37 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... More