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Westlake Chemical Partners LP (WLKP) Q4 2024 Earnings Call

🏭 *Westlake Chemical Partners LP (WLKP) Q4 2024 Earnings Call* Join Westlake Chemical Partners' executive team as they discuss the financial results for the fourth quarter and full year ended December 31, 2024. 🔑 *Key Highlights Include:* *Financial Performance:* *Net Income:* Reported $15 million for Q4 2024, translating to $0.43 per unit, surpassing analyst expectations of $0.37 per unit. *Revenue:* Achieved $290 million for the quarter, exceeding forecasts of $262 million. *Full-Year Results:* Net income of $62 million, or $1.77 per unit, with annual revenue totaling $1.14 billion. *Operational Highlights:* *Ethylene Sales:* Growth driven by improved third-party ethylene sales prices and margins. *Capital Expenditures:* Totaled $49 million for the year, reflecting strategic investments in operational efficiency. *Strategic Initiatives:* *Distribution Coverage:* Maintained a strong distribution coverage ratio, ensuring reliable returns for unitholders. *Planned Maintenance:* Announced a scheduled operational turnaround in 2025, anticipated to temporarily impact earnings. 📈 Stay informed with Westlake Chemical Partners' latest financial insights and strategic developments. 📌 *For more details, visit the [Westlake Chemical Partners Investor Relations website](https://investors.wlkpartners.com/).*