Westlake Chemical Partners LP (WLKP) Tops Q4 EPS by 2c, Revenues Miss

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Go back to Westlake Chemical Partners LP (WLKP) Tops Q4 EPS by 2c, Revenues Miss

Westlake Chemical Partners LP Announces Fourth Quarter and Full Year 2019 Results

February 18, 2020 6:30 AM EST

Record annual net income attributable to the Partnership of $61.0 million; record annual MLP distributable cash flow of $73.2 million Record annual production at OpCo Increased quarterly cash distribution in the fourth quarter by 1.5% sequentially, or 6% annualized, compared to the third quarter 2019 distribution, to $0.4714 per unit, the 20th consecutive quarterly increase in distributions

HOUSTON--(BUSINESS WIRE)-- Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership of $17.4 million, or $0.49 per limited partner unit, for the three months ended December 31, 2019, an increase of $5.5... More