Westlake Chemical Partners LP reported third‑quarter 2025 results, with net income attributable to the partnership of $14.7 million, or $0.42 per limited‑partner unit, down from $18.1 million ($0.51 per unit) in the same quarter of 2024. Net income for Q2 2025 was $14.6 million, indicating a slight decline from the prior quarter.
MLP distributable cash flow for Q3 2025 was $14.9 million, a decline of $3.0 million versus $17.9 million in Q3 2024. Cash flows from operating activities fell to $105.2 million, a $20.9 million decrease from $126.1 million in Q3 2024, largely due to higher maintenance capital expenditures associated with the Petro 1 turnaround that was completed in the second quarter.
Production at OpCo’s facilities returned to nameplate capacity after the Petro 1 turnaround, which idled the Lake Charles, Louisiana plant for more than two months. Spot ethylene prices declined during the quarter, but the partnership’s fee‑based ethylene sales agreement with Westlake, covering 95 % of production, mitigated the impact of price fluctuations. The agreement was renewed through December 31 2027, maintaining the same pricing formula and volume protections.
The board declared a distribution of $0.4714 per unit, the 45th consecutive quarterly distribution. The payment is scheduled for November 26 2025 to unit holders of record on November 10 2025, underscoring the partnership’s continued commitment to delivering consistent cash flow to unitholders.
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