Financial Data and Key Metrics Changes - Westlake Partners reported a net income of $13 million or $0.37 per unit for Q3 2023, a decrease of $2 million compared to Q3 2022 net income of $15 million [19] - Distributable cash flow for Q3 2023 was $14 million, down $3 million from $17 million in Q3 2022, attributed to higher maintenance capital expenditures [7][19] - Consolidated net income, including OpCo's earnings, was $81 million on consolidated net sales of $322 million [19] Business Line Data and Key Metrics Changes - The Building Products division saw a 7% increase in volumes quarter-over-quarter, driven by lower input costs, particularly PVC resin, which contributed to margin expansion [40] - The partnership maintained a strong leverage ratio of approximately 1x, with long-term debt at $400 million [8][11] Market Data and Key Metrics Changes - The company noted that rising mortgage rates are dampening demand in the Building Products segment, with current rates around 8% impacting potential homebuyers [30] - Seasonal effects are expected to persist into Q1, affecting construction demand [30] Company Strategy and Development Direction - The company is focused on long-term value and distributions to unitholders, with plans for organic growth through expansions of current ethylene facilities and potential acquisitions [11][12] - The next planned turnaround is at the Petro 1 ethylene unit in mid-2024, with further details to be provided post-planning [9] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about demand fundamentals for ethylene, driven by steady domestic demand and export opportunities [33] - The company believes its fee-based cash flow structure will provide stability through economic fluctuations and planned/unplanned turnarounds [33] Other Important Information - The partnership announced a quarterly distribution of $0.4714 per unit for Q3 2023, marking the 37th consecutive quarterly distribution since its IPO in 2014 [20] - Cumulative distribution cash flow has been maintained at approximately 1x since the IPO [9] Q&A Session Summary Question: Impact of planned maintenance expenses and inflation - Management indicated that higher maintenance expenses are primarily a timing issue and do not pose a risk to cash generation or distributions [37] Question: Margin expansion in the housing segment - The margin expansion was attributed to lower input costs, particularly PVC, and improved volumes, despite challenges in maintaining prices [40]

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, 2023 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 LP (NYSE:WLKP) Q2 2023 Earnings Conference Call August 3, 2023 1:00 PM ET Company Participants Jeff Holy - Vice President and Treasurer Albert Chao - President and Chief Executive Officer Steve Bender - Executive Vice President and Chief Financial Officer Conference Call Participants Matthew Blair - Tudor, Pickering, Holt & Co. James Altschul - Aviation Advisory Service, Inc. Stephen Byrne - BofA Securities Operator Good afternoon. Thank you for standing by. Welcome to the Westla ...

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, 2023 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 LP (NYSE:WLKP) Q1 2023 Earnings Conference Call May 4, 2023 1:00 PM ET Company Participants Jeff Holy - Vice President and Treasurer Albert Chao - President and Chief Executive Officer Steve Bender - Executive Vice President and Chief Financial Officer Conference Call Participants Matthew Blair - TPH Operator Good afternoon. Thank you for standing by. Welcome to Westlake Chemical Partners' First Quarter 2023 Earnings Conference Call. [Operator Instructions] As a reminder, this con ...

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, 2023 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 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2022 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 ju ...

Westlake Chemical Partners LP (NYSE:WLKP) Q4 2022 Results Conference Call February 21, 2023 1:00 PM ET Company Participants Jeff Holy - Vice President and Treasurer Albert Chao - President and Chief Executive Officer Steve Bender - Executive Vice President and Chief Financial Officer Operator Good afternoon. Thank you for standing by. Welcome to the Westlake Chemical Partners Fourth Quarter and Full Year 2022 Earnings Conference Call. During the presentation, all participants will be in a listen-only mode. ...

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, 2022 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) Securities registered pursuant to Section 12(b) of t ...

Westlake Chemical Partners LP (NYSE:WLKP) Q2 2022 Earnings Conference Call August 2, 2022 1:00 PM ET Company Participants Jeff Holy - Vice President and Treasurer Albert Chao - President and Chief Executive Officer Steve Bender - Executive Vice President and Chief Financial Officer Conference Call Participants Matthew Blair - Tudor, Pickering, Holt Operator Good afternoon. Thank you for standing by. Welcome to the Westlake Chemical Partners Second Quarter 2022 Earnings Conference Call. During the presentati ...