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.
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Consolidated Statements of Operations for the Years Ended and
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| (in thousands of dollars, except unit amounts and per unit data) | |||
| Revenue | |||
| Net sales—Westlake | $1,033,276 | $950,801 | $1,026,655 |
| Net co-products, ethylene and other sales—third parties | 133,419 | 185,095 | 164,136 |
| Total net sales | 1,166,695 | 1,135,896 | 1,190,791 |
| Cost of sales | 818,847 | 716,957 | 803,332 |
| Gross profit | 347,848 | 418,939 | 387,459 |
| Selling, general and administrative expenses | 28,271 | 28,495 | 29,751 |
| Income from operations | 319,577 | 390,444 | 357,708 |
| Other income (expense) | |||
| Interest expense—Westlake | (22,899) | (25,701) | (26,501) |
| Other income, net | 2,445 | 5,251 | 4,232 |
| Income before income taxes | 299,123 | 369,994 | 335,439 |
| Provision for income taxes | 547 | 835 | 813 |
| Net income | 298,576 | 369,159 | 334,626 |
| Less: Net income attributable to noncontrolling interest in OpCo | 249,878 | 306,767 | 280,343 |
| Net income attributable to Westlake Chemical Partners LP and limited partners' interest in net income | $48,698 | $62,392 | $54,283 |
| Net income per limited partner unit attributable to Westlake Chemical Partners LP (basic and diluted) | |||
| Common units | $1.38 | $1.77 | $1.54 |
| Weighted average limited partner units outstanding (basic and diluted) | |||
| Common units—publicly and privately held | 21,119,275 | 21,110,640 | 21,102,110 |
| Common units—Westlake | 14,122,230 | 14,122,230 | 14,122,230 |
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