Westlake Chemical Partners LP (WLKP) Tops Q4 EPS by 42c
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Westlake Chemical Partners LP Announces Record Fourth Quarter and Full Year 2021 Results
February 22, 2022 6:30 AM ESTDeclared quarterly distribution of $0.4714 per unit; 30th consecutive quarterly distribution
HOUSTON--(BUSINESS WIRE)-- Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported record net income attributable to the Partnership in the fourth quarter of 2021 of $29.5 million, or $0.84 per limited partner unit, an increase of $14.5 million compared to fourth quarter 2020 net income of $15.0 million. The Partnership's net income in the fourth quarter of 2021 benefited from a buyer deficiency fee as well as recovery of certain other costs from Westlake Corporation ("Westlake") attributable to an unplanned outage. Cash flows... More
