Westlake Chemical Partners LP Reports Stable Q2 2025 Net Income, Sees Slight Decrease in Distributable Cash Flow Amid Sales Growth

Reuters
2025.08.05 10:30
portai
I'm PortAI, I can summarize articles.

Westlake Chemical Partners LP reported stable Q2 2025 net income of $297.1 million, up from $284.2 million in Q2 2024. However, distributable cash flow decreased amid a decline in sales to third parties, which fell to $28 million from $44.6 million. Gross profit also decreased to $97.5 million from $101.2 million year-over-year. For the first half of 2025, total net sales were $534.7 million, down from $568.8 million in 2024. The company expects improvements in cash flow and coverage ratio in the latter half of 2025, supported by stable sales agreements with Westlake.