Westlake Chemical Partners LP (WLKP) — SEC Filings
Westlake Chemical Partners LP (WLKP) — 22 SEC filings. Latest: 10-Q (Oct 31, 2025). Includes 9 8-K, 6 10-Q, 3 SC 13G/A.
View Westlake Chemical Partners LP on SEC EDGAR
Overview
Westlake Chemical Partners LP (WLKP) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-Q filed on Oct 31, 2025: Westlake Chemical Partners LP (WLKP) reported a decrease in net income for the three months ended September 30, 2025, to $14.653 million, down from $18.136 million in the prior-year period, representing a 19.2% decline. For the nine months ended September 30, 2025, net income attributable to WLKP wa
Sentiment Summary
Across 22 filings, the sentiment breakdown is: 1 bearish, 21 neutral. The dominant filing sentiment for Westlake Chemical Partners LP is neutral.
Filing Type Overview
Westlake Chemical Partners LP (WLKP) has filed 6 10-Q, 9 8-K, 2 10-K, 1 DEF 14A, 3 SC 13G/A, 1 SC 13D/A with the SEC between Feb 2024 to Oct 2025.
Filings by Year
Recent SEC Filings (22)
Risk Profile
Risk Assessment: Of WLKP's 19 recent filings, 0 were flagged as high-risk, 9 as medium-risk, and 10 as low-risk. The overall risk profile suggests relatively low risk with generally favorable filings.
Financial Highlights
| Metric | Value |
|---|---|
| Revenue | $843.646M |
| Net Income | $34.159M |
| EPS | N/A |
| Debt-to-Equity | 0.56 |
| Cash Position | $37.936M |
| Operating Margin | 27.2% |
| Total Assets | $1,271.613M |
| Total Debt | $458.302M |
Key Executives
- Albert Chao
- Dorothy C. Jenkins
- James Chao
Industry Context
Westlake Chemical Partners LP operates within the highly competitive and cyclical petrochemical industry, primarily focused on ethylene production. The industry is characterized by significant capital investment, sensitivity to feedstock costs (natural gas and crude oil derivatives), and global supply-demand dynamics. Trends include increasing demand for plastics and chemicals, but also pressure from environmental regulations and the push for more sustainable production methods.
Top Tags
operations (4) · 10-Q (4) · chemicals (4) · regulation-fd (3) · financial-reporting (3) · financials (3) · amendment (3) · Chemicals (2) · MLP (2) · Ethylene (2)
Key Numbers
| Metric | Value | Context |
|---|---|---|
| Net Income (Q3 2025) | $14.653M | Down 19.2% from $18.136M in Q3 2024 |
| Net Income (YTD 2025) | $34.159M | Down 27.9% from $47.396M in YTD 2024 |
| Total Net Sales (Q3 2025) | $308.898M | Up from $276.995M in Q3 2024 |
| Gross Profit (Q3 2025) | $99.423M | Down from $116.943M in Q3 2024 |
| Operating Cash Flow (YTD 2025) | $160.090M | Down 54.6% from $352.532M in YTD 2024 |
| Quarterly Distribution per Unit | $0.4714 | Declared for Q3 2025 |
| Limited Partner Interest in OpCo | 22.8% | WLKP's ownership stake in Westlake Chemical OpCo LP |
| SEC File Number | 001-36567 | Identifies the company's filing history with the SEC. |
| EIN | 32-0436529 | Employer Identification Number for tax purposes. |
| Q2 2025 Net Income | $28.1M | Decreased from $30.5M in Q2 2024 |
| H1 2025 Net Income | $56.2M | Decreased from $61.0M in H1 2024 |
| Q2 2025 Affiliated Revenue | $100.0M | Consistent with prior year, highlighting dependence on Westlake Chemical Corporation |
| Q2 2025 Non-Related Party Revenue | $0.7M | Slight increase from $0.6M in Q2 2024 |
| Reporting Period | 2025 Q1 | First quarter of 2025 financial performance |
| Prior Year End | 2024-12-31 | Comparison point for financial data |
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Frequently Asked Questions
What are the latest SEC filings for Westlake Chemical Partners LP (WLKP)?
Westlake Chemical Partners LP has 22 recent SEC filings from Feb 2024 to Oct 2025, including 9 8-K, 6 10-Q, 3 SC 13G/A. Each filing includes an AI-generated plain-English summary.
What is the overall sentiment of WLKP filings?
Across 22 filings, the sentiment breakdown is: 1 bearish, 21 neutral. The dominant sentiment is neutral.
Where can I find Westlake Chemical Partners LP SEC filings explained simply?
ReadTheFiling provides AI-powered plain-English summaries of all Westlake Chemical Partners LP (WLKP) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and insider trades.
What are the key financial highlights for Westlake Chemical Partners LP?
Key financial highlights from Westlake Chemical Partners LP's most recent 10-Q include metrics such as revenue, net income, EPS, and debt ratios. Visit the filing detail page for the full breakdown.
What is the investment thesis for WLKP?
The investment thesis for WLKP includes bull, base, and bear case scenarios derived from AI analysis of recent SEC filings.
Who are the key executives at Westlake Chemical Partners LP?
Key executives identified across Westlake Chemical Partners LP's filings include Albert Chao, Dorothy C. Jenkins, James Chao.
What are the main risk factors for Westlake Chemical Partners LP stock?
Of WLKP's 19 assessed filings, 0 were flagged high-risk, 9 medium-risk, and 10 low-risk.
What are recent predictions and forward guidance from Westlake Chemical Partners LP?
Forward guidance and predictions for Westlake Chemical Partners LP are extracted from SEC filings as they are enriched.