Westlake Chemical Partners(WLKP)
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Westlake Chemical Partners(WLKP) - 2024 Q3 - Quarterly Report
2024-11-06 15:49
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to Commission File No. 001-36567 Westlake Chemical Partners LP (Exact name of registrant as specified in its charter) Delaware 32-0436529 (State or other jurisdictio ...
Westlake Chemical Partners(WLKP) - 2024 Q3 - Earnings Call Transcript
2024-11-05 19:04
Westlake Chemical Partners LP Common Units (NYSE:WLKP) Q3 2024 Earnings Conference Call November 5, 2024 1:00 PM ET Company Participants John Zoeller - Vice President & Treasurer Jean-Marc Gilson - President & Chief Executive Officer Steve Bender - Executive Vice President & Chief Financial Officer Conference Call Participants Matthew Blair - TPH Operator Good afternoon. Thank you for standing by. Welcome to the Westlake Chemical Partners' Third Quarter 2024 Earnings Conference Call. During the presentation ...
Westlake Chemical Partners(WLKP) - 2024 Q3 - Earnings Call Presentation
2024-11-05 17:47
Investor Presentation 3 rd Quarter 2024 Westlake Chemical Partners Westlake Chemical Partners LP (WLKP) At-a-Glance WLKP OVERVIEW • Limited partnership formed by Westlake Corporation (WLK) to operate, acquire, and develop ethylene production facilities and related assets • WLKP is well-capitalized with significant financial flexibility • Ethylene Sales Agreement with WLK provides stable margin, protects against commodity risks • Critical supplier of ethylene that WLK needs to produce its products | --- | -- ...
Westlake Chemical Partners(WLKP) - 2024 Q3 - Quarterly Results
2024-11-05 12:26
EXHIBIT 99.1 WESTLAKE CHEMICAL PARTNERS LP Contact—(713) 585-2900 Investors—Steve Bender Media—L. Benjamin Ederington Westlake Chemical Partners LP Announces Third Quarter 2024 Results th • Celebrated 10 anniversary as a publicly traded master limited partnership having grown the quarterly distribution 71% since IPO • Declared quarterly distribution of $0.4714 per unit; 41 consecutive quarterly distribution st HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today rep ...
Westlake Chemical Partners(WLKP) - 2024 Q2 - Quarterly Report
2024-08-09 16:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to Commission File No. 001-36567 Westlake Chemical Partners LP (Exact name of registrant as specified in its charter) Delaware 32-0436529 (State or other jurisdiction of ...
Westlake Chemical Partners(WLKP) - 2024 Q2 - Earnings Call Transcript
2024-08-06 18:29
Westlake Chemical Partners LP (NYSE:WLKP) Q2 2024 Earnings Conference Call August 6, 2024 1:00 PM ET Company Participants John Zoeller - VP and Treasurer Albert Chao - Executive Chairman Jean-Marc Gilson - President and CEO Steve Bender - EVP and CFO Conference Call Participants Matthew Blair - TPH Operator Good afternoon. Thank you for standing by. Welcome to the Westlake Chemical Partners Second Quarter 2024 Earnings Conference Call. During the presentation, all participants will be in a listen-only mode. ...
Westlake Chemical Partners(WLKP) - 2024 Q2 - Earnings Call Presentation
2024-08-06 17:01
Earnings Presentation 2Q 2024 1 $744M EBITDA(1) $2.40 $3.0B 2Q 2024 Financial Results Record HIP segment earnings with improving PEM segment profitability $3.2B $313M 36% increase vs. 1Q Net Sales 8% increase vs. 1Q Net Income 80% increase vs. 1Q Net Income Per Share Net Cash Provided by Operating Activities • Jean-Marc Gilson named President and CEO; Albert Chao appointed Executive Chairman • Housing and Infrastructure Products (HIP) reported records in income from operations of $266 million, EBITDA of $33 ...
Westlake Chemical Partners(WLKP) - 2024 Q2 - Quarterly Results
2024-08-06 11:25
EXHIBIT 99.1 WESTLAKE CHEMICAL PARTNERS LP Contact—(713) 585-2900 Investors—Steve Bender Media—L. Benjamin Ederington Westlake Chemical Partners LP Announces Second Quarter 2024 Results th • Declared quarterly distribution of $0.4714 per unit; 40 consecutive quarterly distribution HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the second quarter of 2024 of $14.4 million, or $0.41 per limited partner unit, ...
Westlake Chemical Partners(WLKP) - 2024 Q1 - Quarterly Report
2024-05-02 17:28
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to Commission File No. 001-36567 Westlake Chemical Partners LP (Exact name of registrant as specified in its charter) Delaware 32-0436529 (State or other jurisdiction of ...
Westlake Chemical Partners(WLKP) - 2024 Q1 - Earnings Call Transcript
2024-05-01 21:35
So Albert, you mentioned at the beginning that the Q1 earnings benefited from a higher sales price to Westlake. What was the driver of the higher sales price? And does that represent a renegotiation of the fixed margin contract? Steve Bender Salvator Tiano Salvator Tiano Yes. And so we do have an ongoing very public statement about reducing our Scope 1 and Scope 2 emissions. And so as we think about the Scope 1 emissions, we certainly continue to invest in capital that allow us to reduce those Scope 1 emiss ...