Westlake Chemical Partners LP (WLKP) Misses Q4 EPS by 7c, Revenues Miss

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Go back to Westlake Chemical Partners LP (WLKP) Misses Q4 EPS by 7c, Revenues Miss

Westlake Chemical Partners LP Announces Fourth Quarter 2018 Results

February 19, 2019 6:30 AM EST

Increased quarterly cash distribution by 2.9% sequentially, or 12% compared to the fourth quarter 2017 distribution, to $0.4328 per unit, the 16th consecutive quarterly increase in distributions Trailing twelve-month coverage ratio of 1.12x Achieved record production at OpCo in 2018

HOUSTON--(BUSINESS WIRE)-- Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership of $11.9 million, or $0.37 per limited partner unit, for the three months ended December 31,2018, a decrease of $3.6 million compared to fourth quarter 2017 net income... More