Westlake Chemical Partners LP (WLKP) Misses Q1 EPS by 10c

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Westlake Chemical Partners LP Announces First Quarter 2022 Results

May 3, 2022 6:30 AM EDT

Declared quarterly distribution of $0.4714 per unit; 31st consecutive quarterly distribution

HOUSTON--(BUSINESS WIRE)-- Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the first quarter of 2022 of $16.2 million, or $0.46 per limited partner unit, an increase of $1.1 million compared to first quarter 2021 net income of $15.1 million. The Partnership's net income in the first quarter of 2022 was the result of strong production volumes and solid margins on third-party sales. The first quarter of 2021 was impacted by Winter... More