Westlake Chemical Partners LP 1Q 2026: Revenue $305.7M, EPS $0.4— 10-Q Summary

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2026.05.06 17:51
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Westlake Chemical Partners LP reported Q1 2026 revenue of $305.7M, up 28.7% from $237.6M in Q1 2025, with net income of $81.7M, a 93.1% increase year-over-year. Diluted earnings per limited partner unit rose to $0.40 from $0.14. The growth was driven by higher ethylene production and increased sales to Westlake, despite rising natural gas costs. The partnership maintained disciplined cash management and improved gross margin to 30.7%.