Westlake Chemical Partners LP (NYSE:WLKP) filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on November 4, 2026, reporting third-quarter net income of $90,857 thousand and nine-month net income of $254,874 thousand.

Key Highlights

  • Q3 2026 total net sales: $314,459 thousand, compared to $308,898 thousand in Q3 2025, according to the filing.
  • Q3 2026 net income: $90,857 thousand, up from $86,214 thousand in the same quarter a year earlier, the filing disclosed.
  • Nine-month net income: $254,874 thousand for the nine months ended September 30, 2026, versus $214,318 thousand for the same period in 2025, per the filing.
  • Net income per common unit (basic and diluted): $0.46 for Q3 2026, compared to $0.42 for Q3 2025, as reported in the filing.
  • Total assets: $1,225,204 thousand as of September 30, 2026, down from $1,256,533 thousand at December 31, 2025, according to the balance sheet.
  • Units outstanding: 35,253,387 common units as of October 28, 2026, the filing stated.
  • Quarterly distributions to unitholders: $16,618 thousand paid in Q3 2026, per the statement of changes in equity.

Westlake Chemical Partners LP Financial Results for the Third Quarter of 2026

According to the filing, Westlake Chemical Partners LP reported total net sales of $314,459 thousand for the three months ended September 30, 2026, compared to $308,898 thousand for the same period in 2025. Net sales to Westlake Corporation were $261,935 thousand, while net co-products, ethylene and other sales to third parties totaled $52,524 thousand in Q3 2026. Cost of sales for the quarter was $210,563 thousand, resulting in gross profit of $103,896 thousand, the filing disclosed.

The filing reported income from operations of $95,560 thousand for Q3 2026, up from $91,979 thousand in Q3 2025. Interest expense to Westlake was $5,110 thousand for the quarter. Net income attributable to Westlake Chemical Partners LP and limited partners' interest was $16,219 thousand for Q3 2026, compared to $14,653 thousand in Q3 2025. For the nine months ended September 30, 2026, net income attributable to Westlake Chemical Partners LP and limited partners' interest was $44,626 thousand, versus $34,159 thousand for the same period in 2025, according to the filing.

As of September 30, 2026, the filing reported total equity of $770,285 thousand, down from $802,352 thousand at December 31, 2025. Long-term debt payable to Westlake stood at $399,674 thousand, unchanged from December 31, 2025. The noncontrolling interest in Westlake Chemical OpCo LP was $516,811 thousand at quarter end. Nine-month depreciation and amortization was $101,531 thousand, compared to $93,424 thousand in the prior-year period, the filing indicated.

What Was Disclosed

Westlake Chemical Partners LP filed its quarterly report covering the period ended September 30, 2026, disclosing income statements, balance sheet data, cash flow information, and equity changes for the third quarter and nine months ended September 30, 2026.