Westlake Chemical Partners (WLKP)
Operating U.S. ethylene plants and a dedicated pipeline through OpCo.
$21.36
vs last close+0.07 (+0.33%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 322 | 297 | 285 | 284 | 277 | 290 | 238 | 297 | 309 | 323 | 306 | 297 |
| Cost of revenue | 229 | 197 | 182 | 183 | 160 | 191 | 184 | 200 | 209 | 226 | 212 | 202 |
| Gross profit | 93 | 101 | 102 | 101 | 117 | 99 | 54 | 98 | 99 | 97 | 94 | 95 |
| 7 | 8 | 7 | 8 | 7 | 7 | 7 | 6 | 7 | 7 | 7 | 7 | |
| 7 | 8 | 7 | 8 | 7 | 7 | 7 | 6 | 7 | 7 | 7 | 7 | |
| Selling & marketing | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 0 |
| General & administrative | 7 | 7 | 6 | 7 | 7 | 6 | 6 | 5 | 7 | 7 | 6 | 7 |
| Operating income | 86 | 93 | 95 | 94 | 110 | 92 | 47 | 91 | 92 | 90 | 87 | 87 |
| −5 | −6 | −5 | −5 | −5 | −4 | −4 | −5 | −6 | −5 | −5 | −5 | |
| Interest expense | 6 | 7 | 7 | 7 | 7 | 6 | 6 | 6 | 29 | 6 | −5 | 5 |
| Other non-operating income | −1 | −1 | −1 | −1 | −1 | −1 | 10 | −1 | 0 | 0 | 0 | 0 |
| Income before tax | 81 | 87 | 90 | 88 | 104 | 88 | 42 | 86 | 86 | 84 | 82 | 83 |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | 81 | 87 | 90 | 88 | 104 | 87 | 42 | 86 | 86 | 84 | 82 | 82 |
| Net income | 13 | 14 | 15 | 14 | 18 | 15 | 5 | 15 | 15 | 15 | 14 | 14 |
| EPS, basic | $0.37 | $0.41 | $0.42 | $0.41 | $0.51 | $0.43 | $0.14 | $0.41 | $0.42 | $0.41 | $0.40 | $0.40 |
| EPS, diluted | $0.37 | $0.41 | $0.42 | $0.41 | $0.51 | $0.43 | $0.14 | $0.41 | $0.42 | $0.41 | $0.40 | $0.40 |
| Weighted average shares, basic | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 36 |
| Weighted average shares, diluted | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 36 |
| EBITDA | 116 | 122 | 124 | 123 | 139 | 121 | 47 | 107 | 114 | 125 | 121 | 121 |
| Depreciation & amortization | 28 | 28 | 28 | 28 | 28 | 27 | 10 | 15 | 22 | 35 | 34 | 34 |
| EBIT | 88 | 94 | 96 | 95 | 111 | 93 | 37 | 92 | 92 | 90 | 87 | 87 |