Westlake Chemical Partners LP (WLKP) Misses Q3 EPS by 15c
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Westlake Chemical Partners LP Announces Third Quarter 2021 Results
November 2, 2021 6:30 AM EDTDeclared quarterly distribution of $0.4714 per unit; 29th consecutive quarterly distribution
HOUSTON--(BUSINESS WIRE)-- Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the third quarter of 2021 of $12.8 million, or $0.36 per limited partner unit, a decrease of $5.7 million compared to third quarter 2020 net income attributable to the Partnership of $18.5 million. The decrease in net income was a result of reduced sales to Westlake attributable to a buyer deficiency fee from Westlake Chemical Corporation (Westlake Chemical) that was recognized in the... More
