Westlake Chemical Partners LP
For the period ended Dec 31, 2025. Filed Mar 4, 2026.
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FY2025 · Filed Mar 4, 2026
WLKP$21.37+1.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets as of and
| December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| (in thousands of dollars, except unit amounts) | ||
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $44,269 | $58,316 |
| Receivable under the Investment Management Agreement—Westlake Corporation ("Westlake") | 23,378 | 134,557 |
| Accounts receivable, net—Westlake | 63,571 | 31,975 |
| Accounts receivable, net—third parties | 9,113 | 11,576 |
| Inventories | 2,769 | 4,058 |
| Prepaid expenses and other current assets | 406 | 444 |
| Total current assets | 143,506 | 240,926 |
| Property, plant and equipment, net | 886,012 | 903,588 |
| Goodwill | 5,814 | 5,814 |
| Deferred charges and other assets, net | 221,201 | 137,628 |
| Total assets | $1,256,533 | $1,287,956 |
| LIABILITIES | ||
| Current liabilities | ||
| Accounts payable—Westlake | $19,132 | $20,744 |
| Accounts payable—third parties | 9,970 | 17,708 |
| Accrued and other liabilities | 22,199 | 16,920 |
| Total current liabilities | 51,301 | 55,372 |
| Long-term debt payable to Westlake | 399,674 | 399,674 |
| Deferred income taxes | 1,546 | 1,546 |
| Other liabilities | 1,660 | 2,050 |
| Total liabilities | 454,181 | 458,642 |
| Commitments and contingencies (Note 16) | ||
| EQUITY | ||
| Common unitholders—publicly and privately held (21,123,649 and 21,116,326 units issuedand outstanding at December 31, 2025 and December 31, 2024, respectively) | 460,848 | 471,328 |
| Common unitholder—Westlake (14,122,230 and 14,122,230 units issued and outstanding at December 31, 2025 and December 31, 2024, respectively) | 40,260 | 47,373 |
| General partner—Westlake | (242,572) | (242,572) |
| Total Westlake Chemical Partners LP partners' capital | 258,536 | 276,129 |
| Noncontrolling interest in Westlake Chemical OpCo LP ("OpCo") | 543,816 | 553,185 |
| Total equity | 802,352 | 829,314 |
| Total liabilities and equity | $1,256,533 | $1,287,956 |
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