Westlake Chemical Partners LP(NYSE:WLKP) 
Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. The company's ethylene production facilities primarily convert ethane into ethylene. It also sells ethylene co-products, including propylene, crude butadiene, pyroly...
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Quarterly
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| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 |
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net sales—westlake | 263,091,000 | 296,880,000 | 276,539,000 | 269,076,000 | 190,781,000 | 260,266,000 | 215,799,000 | 239,527,000 | 235,209,000 | 255,306,000 | 289,303,000 | 224,575,000 | 257,471,000 | 322,868,000 | 364,273,000 | 365,112,000 | 290,657,000 | 317,940,000 | 247,887,000 | 240,956,000 | 219,803,000 | 228,223,000 | 217,763,000 | 227,431,000 | 214,828,000 | 233,860,000 | 216,678,000 | 230,047,000 | 257,040,000 | 272,872,000 | 313,381,000 | 253,673,000 | 235,031,000 | 261,113,000 | 258,049,000 | 240,989,000 | 212,930,000 | 246,860,000 | 193,964,000 | 181,635,000 | 231,260,000 | 213,480,000 | 207,856,000 | 204,669,000 | 208,913,000 | 203,528,000 | 289,601,000 | |
net co-products, ethylene and other sales—third parties | 42,584,000 | 26,169,000 | 32,359,000 | 28,043,000 | 46,848,000 | 29,794,000 | 61,196,000 | 44,641,000 | 49,464,000 | 41,967,000 | 32,361,000 | 39,602,000 | 50,206,000 | 43,971,000 | 50,850,000 | |||||||||||||||||||||||||||||||||
total net sales | 305,675,000 | 323,049,000 | 308,898,000 | 297,119,000 | 237,629,000 | 290,060,000 | 276,995,000 | 284,168,000 | 284,673,000 | 297,273,000 | 321,664,000 | 264,177,000 | 307,677,000 | 366,839,000 | 415,123,000 | 448,785,000 | 362,400,000 | 330,456,000 | 293,966,000 | 322,229,000 | 268,207,000 | 245,652,000 | 231,969,000 | 238,500,000 | 250,549,000 | 272,798,000 | 249,925,000 | 270,062,000 | 299,086,000 | 335,725,000 | 363,650,000 | 301,975,000 | 284,272,000 | 308,645,000 | 296,775,000 | 290,113,000 | 277,448,000 | 293,937,000 | 229,354,000 | 210,841,000 | 252,604,000 | 248,506,000 | 248,619,000 | 251,705,000 | 258,391,000 | 273,543,000 | 392,008,000 | 524,135,000 |
cost of sales | 211,916,000 | 226,237,000 | 209,475,000 | 199,587,000 | 183,548,000 | 191,476,000 | 160,052,000 | 182,936,000 | 182,493,000 | 196,590,000 | 228,683,000 | 176,455,000 | 201,604,000 | 268,709,000 | 324,629,000 | 351,483,000 | 270,961,000 | 183,406,000 | 218,038,000 | 191,200,000 | 180,508,000 | 160,738,000 | 131,578,000 | 148,470,000 | 147,001,000 | 169,201,000 | 156,706,000 | 178,104,000 | 208,432,000 | 242,096,000 | 269,743,000 | 204,857,000 | 191,767,000 | 197,913,000 | 201,372,000 | 190,542,000 | 179,487,000 | 188,202,000 | 142,553,000 | 122,460,000 | 142,190,000 | 150,524,000 | 154,474,000 | 157,177,000 | 162,164,000 | 171,584,000 | 227,015,000 | 277,589,000 |
gross profit | 93,759,000 | 96,812,000 | 99,423,000 | 97,532,000 | 54,081,000 | 98,584,000 | 116,943,000 | 101,232,000 | 102,180,000 | 100,683,000 | 92,981,000 | 87,722,000 | 106,073,000 | 98,130,000 | 90,494,000 | 97,302,000 | 91,439,000 | 147,050,000 | 75,928,000 | 131,029,000 | 87,699,000 | 84,914,000 | 100,391,000 | 90,030,000 | 103,548,000 | 103,597,000 | 93,219,000 | 91,958,000 | 90,654,000 | 93,629,000 | 93,907,000 | 97,118,000 | 92,505,000 | 110,732,000 | 95,403,000 | 99,571,000 | 97,961,000 | 105,735,000 | 86,801,000 | 88,381,000 | 110,414,000 | 97,982,000 | 94,145,000 | 94,528,000 | 96,227,000 | 101,959,000 | 164,993,000 | 246,546,000 |
yoy | 73.37% | -1.80% | -14.98% | -3.65% | -47.07% | -2.08% | 25.77% | 15.40% | -3.67% | 2.60% | 2.75% | -9.85% | 16.00% | -33.27% | 19.18% | -25.74% | 4.26% | 73.18% | -24.37% | 45.54% | -15.31% | -18.03% | 7.69% | -2.10% | 14.22% | 10.65% | -0.73% | -5.31% | -2.00% | -15.45% | -1.57% | -2.46% | -5.57% | 4.73% | 9.91% | 12.66% | -11.28% | 7.91% | -7.80% | -6.50% | 14.74% | -3.90% | -42.94% | -61.66% | ||||
qoq | -3.15% | -2.63% | 1.94% | 80.34% | -45.14% | -15.70% | 15.52% | -0.93% | 1.49% | 8.28% | 6.00% | -17.30% | 8.09% | 8.44% | -7.00% | 6.41% | -37.82% | 93.67% | -42.05% | 49.41% | 3.28% | -15.42% | 11.51% | -13.05% | -0.05% | 11.13% | 1.37% | 1.44% | -3.18% | -0.30% | -3.31% | 4.99% | -16.46% | 16.07% | -4.19% | 1.64% | -7.35% | 21.81% | -1.79% | -19.95% | 12.69% | 4.08% | -0.41% | -1.77% | -5.62% | -38.20% | -33.08% | |
gross margin % | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% |
selling, general and administrative expenses | 7,190,000 | 7,053,000 | 7,444,000 | 6,300,000 | 7,474,000 | 6,559,000 | 7,254,000 | 7,605,000 | 7,077,000 | 7,867,000 | 6,741,000 | 7,229,000 | 7,914,000 | 2,854,000 | 8,678,000 | 9,919,000 | 8,227,000 | 6,284,000 | 7,792,000 | 8,269,000 | 8,673,000 | 7,305,000 | 6,255,000 | 6,139,000 | 6,196,000 | 7,844,000 | 6,822,000 | 7,639,000 | 6,973,000 | 7,173,000 | 5,909,000 | 7,375,000 | 7,133,000 | 7,741,000 | 6,805,000 | 6,886,000 | 7,828,000 | 7,154,000 | 5,788,000 | 5,848,000 | 6,097,000 | 5,724,000 | 5,831,000 | 5,995,000 | 6,000,000 | 6,453,000 | 8,860,000 | 6,165,000 |
income from operations | 86,569,000 | 89,759,000 | 91,979,000 | 91,232,000 | 46,607,000 | 92,025,000 | 109,689,000 | 93,627,000 | 95,103,000 | 92,816,000 | 86,240,000 | 80,493,000 | 98,159,000 | 95,276,000 | 81,816,000 | 87,383,000 | 83,212,000 | 140,766,000 | 68,136,000 | 122,760,000 | 79,026,000 | 77,609,000 | 94,136,000 | 83,891,000 | 97,352,000 | 95,753,000 | 86,397,000 | 84,319,000 | 83,681,000 | 86,456,000 | 87,998,000 | 89,743,000 | 85,372,000 | 102,991,000 | 88,598,000 | 92,685,000 | 90,133,000 | 98,581,000 | 81,013,000 | 82,533,000 | 104,317,000 | 92,258,000 | 88,314,000 | 88,533,000 | 90,227,000 | 95,506,000 | 156,133,000 | 240,381,000 |
yoy | 85.74% | -2.46% | -16.15% | -2.56% | -50.99% | -0.85% | 27.19% | 16.32% | -3.11% | -2.58% | 5.41% | -7.88% | 17.96% | -32.32% | 20.08% | -28.82% | 5.30% | 81.38% | -27.62% | 46.33% | -18.82% | -18.95% | 8.96% | -0.51% | 16.34% | 10.75% | -1.82% | -6.04% | -1.98% | -16.05% | -0.68% | -3.17% | -5.28% | 4.47% | 9.36% | 12.30% | -13.60% | 6.85% | -8.27% | -6.78% | 15.62% | -3.40% | -43.44% | -63.17% | ||||
qoq | -3.55% | -2.41% | 0.82% | 95.75% | -49.35% | -16.10% | 17.16% | -1.55% | 2.46% | 7.63% | 7.14% | -18.00% | 3.03% | 16.45% | -6.37% | 5.01% | -40.89% | 106.60% | -44.50% | 55.34% | 1.83% | -17.56% | 12.21% | -13.83% | 1.67% | 10.83% | 2.46% | 0.76% | -3.21% | -1.75% | -1.94% | 5.12% | -17.11% | 16.25% | -4.41% | 2.83% | -8.57% | 21.69% | -1.84% | -20.88% | 13.07% | 4.47% | -0.25% | -1.88% | -5.53% | -38.83% | -35.05% | |
operating margin % | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% |
other income | 348,000 | 200,000 | 224,000 | 675,000 | 1,346,000 | 1,335,000 | 1,325,000 | 1,257,000 | 1,334,000 | 1,079,000 | 1,272,000 | 1,061,000 | 820,000 | 883,000 | 618,000 | 90,000 | -25,000 | 10,000 | 24,000 | 21,000 | 7,000 | 8,000 | 17,000 | 123,000 | 585,000 | 563,000 | 565,000 | 1,153,000 | 815,000 | 715,000 | 668,000 | 583,000 | 491,000 | -52,000 | 162,000 | 24,000 | 1,658,000 | 371,000 | -13,000 | 159,000 | 84,000 | 195,000 | -73,000 | 33,000 | 5,000 | 16,000 | 486,000 | 1,397,000 |
interest expense—westlake | -5,085,000 | -5,508,000 | -5,947,000 | -5,907,000 | -5,537,000 | -5,771,000 | -6,698,000 | -6,651,000 | -6,581,000 | -6,632,000 | -6,437,000 | -6,117,000 | -7,315,000 | -4,704,000 | -3,645,000 | -2,859,000 | -2,199,000 | -2,166,000 | -2,190,000 | -2,224,000 | -2,236,000 | -2,337,000 | -2,320,000 | -3,431,000 | -3,950,000 | -4,187,000 | -4,411,000 | -5,125,000 | -5,900,000 | -5,381,000 | -5,639,000 | -5,547,000 | -4,866,000 | -4,269,000 | -6,190,000 | -5,942,000 | -5,460,000 | -5,226,000 | -4,947,000 | -1,203,000 | -1,231,000 | -1,173,000 | -1,054,000 | -1,364,000 | -1,376,000 | -666,000 | -2,137,000 | -4,105,000 |
income before income taxes | 81,832,000 | 84,451,000 | 86,256,000 | 86,000,000 | 42,416,000 | 87,589,000 | 104,316,000 | 88,233,000 | 89,856,000 | 87,263,000 | 81,075,000 | 75,437,000 | 91,664,000 | 91,455,000 | 78,789,000 | 84,614,000 | 80,988,000 | 138,610,000 | 65,970,000 | 120,557,000 | 76,797,000 | 75,280,000 | 91,833,000 | 80,583,000 | 93,987,000 | 92,129,000 | 82,551,000 | 80,347,000 | 78,596,000 | 81,790,000 | 83,027,000 | 84,779,000 | 80,997,000 | 98,670,000 | 82,570,000 | 86,767,000 | 86,331,000 | 93,726,000 | 76,053,000 | 81,489,000 | 103,170,000 | 91,280,000 | 87,187,000 | 87,202,000 | 88,856,000 | 94,856,000 | 154,482,000 | 237,673,000 |
provision for income taxes | 177,000 | 193,000 | 42,000 | 205,000 | 107,000 | 202,000 | 216,000 | 207,000 | 210,000 | 206,000 | 222,000 | 173,000 | 212,000 | 303,000 | 283,000 | 355,000 | 325,000 | 297,000 | 303,000 | 145,000 | 194,000 | 297,000 | 399,000 | 105,000 | 141,000 | -41,000 | 467,000 | 927,000 | 36,309,000 | |||||||||||||||||||
net income | 81,655,000 | 84,258,000 | 86,214,000 | 85,795,000 | 42,309,000 | 87,387,000 | 104,100,000 | 88,026,000 | 89,646,000 | 87,057,000 | 80,853,000 | 75,264,000 | 91,452,000 | 91,260,000 | 78,305,000 | 84,439,000 | 80,825,000 | 138,394,000 | 66,075,000 | 120,294,000 | 76,622,000 | 75,124,000 | 91,848,000 | 80,377,000 | 93,770,000 | 91,910,000 | 82,479,000 | 80,110,000 | 78,396,000 | 81,582,000 | 83,799,000 | 84,476,000 | 80,714,000 | 98,315,000 | 82,245,000 | 86,470,000 | 86,028,000 | 93,581,000 | 75,859,000 | 81,192,000 | 102,771,000 | 91,175,000 | 87,046,000 | 87,243,000 | 88,389,000 | 93,929,000 | 118,173,000 | 153,844,000 |
yoy | 93.00% | -3.58% | -17.18% | -2.53% | -52.80% | 0.38% | 28.75% | 16.96% | -1.97% | -4.61% | 3.25% | -10.87% | 13.15% | -34.06% | 18.51% | -29.81% | 5.49% | 84.22% | -28.06% | 49.66% | -18.29% | -18.26% | 11.36% | 0.33% | 19.61% | 12.66% | -1.58% | -5.17% | -2.87% | -17.02% | 1.89% | -2.31% | -6.18% | 5.06% | 8.42% | 6.50% | -16.29% | 2.64% | -12.85% | -6.94% | 16.27% | -2.93% | -26.34% | -43.29% | ||||
qoq | -3.09% | -2.27% | 0.49% | 102.78% | -51.58% | -16.05% | 18.26% | -1.81% | 2.97% | 7.67% | 7.43% | -17.70% | 0.21% | 16.54% | -7.26% | 4.47% | -41.60% | 109.45% | -45.07% | 57.00% | 1.99% | -18.21% | 14.27% | -14.28% | 2.02% | 11.43% | 2.96% | 2.19% | -3.91% | -2.65% | -0.80% | 4.66% | -17.90% | 19.54% | -4.89% | 0.51% | -8.07% | 23.36% | -6.57% | -21.00% | 12.72% | 4.74% | -0.23% | -1.30% | -5.90% | -20.52% | -23.19% | |
net income margin % | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% |
less: net income attributable to noncontrolling interest in opco | 67,486,000 | 69,719,000 | 71,561,000 | 71,237,000 | 37,361,000 | 72,391,000 | 85,964,000 | 73,599,000 | 74,813,000 | 72,758,000 | 67,647,000 | 63,378,000 | 76,560,000 | 74,476,000 | 63,548,000 | 68,001,000 | 64,631,000 | 108,882,000 | 53,285,000 | 95,195,000 | 61,476,000 | 60,099,000 | 73,313,000 | 65,517,000 | 76,023,000 | 74,539,000 | 67,557,000 | 66,377,000 | 63,441,000 | 69,699,000 | 71,387,000 | 71,719,000 | 68,419,000 | 82,769,000 | 68,860,000 | 76,495,000 | 76,264,000 | 82,730,000 | 67,198,000 | 71,848,000 | 90,687,000 | 80,390,000 | 76,943,000 | 76,800,000 | 79,889,000 | 85,367,000 | 49,542,000 | |
net income attributable to westlake chemical partners lp and limited partners' interest in net income | 14,169,000 | 14,539,000 | 14,653,000 | 14,558,000 | 4,948,000 | 14,996,000 | 18,136,000 | 14,427,000 | 14,833,000 | 14,299,000 | 13,206,000 | 11,886,000 | 14,892,000 | 16,784,000 | 14,757,000 | 16,438,000 | 16,194,000 | 29,512,000 | 12,790,000 | 25,099,000 | 15,146,000 | 15,025,000 | 18,535,000 | 14,860,000 | 17,747,000 | |||||||||||||||||||||||
net income per limited partner unit attributable to westlake chemical partners lp | ||||||||||||||||||||||||||||||||||||||||||||||||
common units | 400 | 410 | 420 | 410 | 140 | 420 | 510 | 410 | 420 | 400 | 370 | 340 | 420 | 470 | 420 | 470 | 460 | 830 | 360 | 710 | 430 | 430 | 530 | 430 | 500 | 500 | 420 | 390 | 460 | 370 | 380 | 400 | 360 | 490 | 470 | 360 | 350 | 390 | 320 | 340 | 450 | 400 | 370 | 390 | 310 | 310 | 190 | |
weighted-average limited partner units outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||
common units—publicly and privately held | 21,123,649,000 | 1,474,000 | 21,120,704,000 | 21,116,326,000 | 21,116,326,000 | 1,909,000 | 21,112,943,000 | 21,107,299,000 | 21,105,904,000 | 1,278,000 | 21,103,180,000 | 21,099,638,000 | 21,099,638,000 | 1,528,000 | 21,096,317,000 | 21,086,988,000 | 21,092,186,000 | 2,724,000 | 21,087,746,000 | 21,079,657,000 | 21,076,673,000 | 726,000 | 21,072,315,000 | 21,072,315,000 | 21,072,315,000 | 237,053,000 | 21,065,959,000 | 21,065,959,000 | 18,223,168,000 | |||||||||||||||||||
common units—westlake | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 2,120,018,000 | 14,122,230,000 | 1,436,115,000 | 1,436,115,000 | 1,436,115,000 | 1,436,115,000 | 1,436,115,000 | 1,436,115,000 | 1,436,115,000 | 1,436,115,000 | 1,436,115,000 | ||||||||||||
income tax provision | 205,500 | 484,000 | 175,000 | 163,000 | 83,250 | -105,000 | 263,000 | 175,000 | 102,000 | -15,000 | 206,000 | 217,000 | 127,250 | 72,000 | 237,000 | 200,000 | -46,500 | -772,000 | ||||||||||||||||||||||||||||||
net income per limited partner unit attributable to westlake chemical partners lp per limited partner unit | ||||||||||||||||||||||||||||||||||||||||||||||||
net co-product, ethylene and other sales—third parties | 83,673,000 | 71,743,000 | 43,939,000 | 46,079,000 | 81,273,000 | 48,404,000 | 15,249,000 | 14,206,000 | 11,069,000 | 35,721,000 | 28,827,000 | 33,247,000 | 40,015,000 | 42,046,000 | 36,953,000 | 50,269,000 | 48,302,000 | 49,241,000 | 38,092,000 | 38,726,000 | 49,124,000 | 64,518,000 | 21,485,000 | 35,390,000 | 29,206,000 | |||||||||||||||||||||||
net income attributable to westlake chemical partners lp | 10,902,500 | 14,922,000 | 13,733,000 | 14,955,000 | 9,366,000 | 12,412,000 | 12,757,000 | 12,295,000 | 8,281,000 | 13,385,000 | 9,975,000 | 9,764,000 | 7,522,250 | 8,661,000 | 9,344,000 | 12,084,000 | 10,443,000 | 8,500,000 | ||||||||||||||||||||||||||||||
subordinated units | 360 | 360 | 350 | 390 | 320 | 340 | 450 | 400 | 370 | 390 | 310 | 310 | 190 | |||||||||||||||||||||||||||||||||||
common units—public | 2,195,000 | 18,119,980,000 | 18,115,036,000 | 18,115,036,000 | 1,294,828,000 | 13,050,000,000 | 12,937,500,000 | 12,937,500,000 | 12,937,500,000 | 12,937,500,000 | 12,937,500,000 | 12,937,500,000 | 12,937,500,000 | 12,937,500,000 | 12,937,500,000 | |||||||||||||||||||||||||||||||||
subordinated units—westlake | -2,120,018,000 | 12,686,115,000 | 12,686,115,000 | 12,686,115,000 | 12,686,115,000 | 12,686,115,000 | 12,686,115,000 | 12,686,115,000 | 12,686,115,000 | 12,686,115,000 | ||||||||||||||||||||||||||||||||||||||
distributions per common unit | 397.5 | 386.4 | 375.1 | 365 | 354.9 | 345 | 340 | 330 | ||||||||||||||||||||||||||||||||||||||||
net co-product, ethylene and feedstock sales—third parties | 21,344,000 | 34,319,250 | 40,763,000 | 47,036,000 | 49,478,000 | 96,899,000 | 102,407,000 | 109,102,000 | ||||||||||||||||||||||||||||||||||||||||
net income attributable to westlake chemical partners lp per limited partner unit | ||||||||||||||||||||||||||||||||||||||||||||||||
less: predecessor net income prior to initial public offering on august 4, 2014 | 63,616,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net income subsequent to initial public offering | 91,175,000 | 87,046,000 | 93,929,000 | 54,557,000 | ||||||||||||||||||||||||||||||||||||||||||||
net income attributable to westlake chemical partners lp subsequent to initial public offering | 7,261,500 | 10,103,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to westlake chemical partners lp subsequent to initial public offering and limited partners' interest in net income | 8,562,000 | 5,015,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to westlake chemical partners lp subsequent to initial public offering per limited partner unit | ||||||||||||||||||||||||||||||||||||||||||||||||
net ethylene sales—westlake | 415,033,000 | |||||||||||||||||||||||||||||||||||||||||||||||
benefit from income taxes | 83,829,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||||||||
current assets | ||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 44,290,000 | 44,269,000 | 37,936,000 | 36,579,000 | 49,624,000 | 58,316,000 | 60,208,000 | 65,999,000 | 55,760,000 | 58,619,000 | 65,869,000 | 59,434,000 | 104,588,000 | 64,782,000 | 19,468,000 | 18,369,000 | 19,234,000 | 17,057,000 | 18,647,000 | 17,665,000 | 17,289,000 | 17,154,000 | 23,331,000 | 23,618,000 | 24,081,000 | 19,923,000 | 18,647,000 | 17,473,000 | 84,615,000 | 19,744,000 | 17,041,000 | 28,483,000 | 24,980,000 | 27,008,000 | 17,249,000 | 104,939,000 | 122,974,000 | 88,900,000 | 75,006,000 | 151,257,000 | 178,676,000 | 169,559,000 | 154,257,000 | 137,291,000 | 144,918,000 | 133,750,000 | 89,988,000 | |
receivable under the investment management agreement—westlake corporation | 36,441,000 | 23,378,000 | 13,396,000 | 43,924,000 | 104,529,000 | 134,557,000 | 109,540,000 | 94,478,000 | 94,477,000 | 94,444,000 | 84,358,000 | 94,230,000 | 52,079,000 | 64,996,000 | 135,863,000 | 129,363,000 | 111,224,000 | |||||||||||||||||||||||||||||||
accounts receivable, net—westlake | 45,082,000 | 63,571,000 | 59,665,000 | 59,919,000 | 55,051,000 | 31,975,000 | 44,885,000 | 39,090,000 | 41,766,000 | 49,565,000 | 54,625,000 | 45,467,000 | 50,453,000 | 90,965,000 | 98,399,000 | 104,920,000 | 109,732,000 | 142,791,000 | 57,020,000 | 66,948,000 | 50,969,000 | 108,028,000 | 56,237,000 | 42,354,000 | 40,560,000 | 42,847,000 | 35,001,000 | 38,995,000 | 47,626,000 | 65,628,000 | 47,970,000 | 43,257,000 | 60,405,000 | 28,500,000 | ||||||||||||||
accounts receivable, net—third parties | 19,778,000 | 9,113,000 | 16,141,000 | 12,817,000 | 13,013,000 | 11,576,000 | 22,511,000 | 27,128,000 | 27,228,000 | 18,701,000 | 21,626,000 | 17,443,000 | 19,691,000 | 20,030,000 | 24,675,000 | 41,444,000 | 26,412,000 | 5,825,000 | 12,168,000 | 24,962,000 | 19,702,000 | 11,029,000 | 5,144,000 | 7,007,000 | 13,535,000 | 9,914,000 | 14,543,000 | 20,435,000 | 15,495,000 | 16,404,000 | 22,544,000 | 16,380,000 | 19,017,000 | 18,083,000 | 16,651,000 | 14,720,000 | 19,863,000 | 12,085,000 | 15,699,000 | 9,620,000 | 6,066,000 | 11,927,000 | 14,479,000 | 22,075,000 | 16,997,000 | 37,520,000 | 29,606,000 | |
inventories | 3,093,000 | 2,769,000 | 3,078,000 | 3,261,000 | 2,733,000 | 4,058,000 | 3,751,000 | 4,487,000 | 4,860,000 | 4,432,000 | 4,394,000 | 3,260,000 | 5,466,000 | 4,715,000 | 5,359,000 | 7,448,000 | 7,887,000 | 8,898,000 | 6,590,000 | 4,929,000 | 3,171,000 | 3,474,000 | 1,652,000 | 1,529,000 | 2,000,000 | 2,484,000 | 3,698,000 | 4,029,000 | 4,171,000 | 4,388,000 | 5,004,000 | 6,128,000 | 5,171,000 | 5,590,000 | 3,881,000 | 4,558,000 | 4,776,000 | 3,934,000 | 3,428,000 | 2,493,000 | 2,590,000 | 3,879,000 | 3,272,000 | 3,856,000 | 4,564,000 | 6,634,000 | 5,551,000 | 18,996,000 |
prepaid expenses and other current assets | 219,000 | 406,000 | 641,000 | 24,000 | 201,000 | 444,000 | 667,000 | 944,000 | 257,000 | 442,000 | 599,000 | 718,000 | 153,000 | 305,000 | 458,000 | 67,000 | 238,000 | 396,000 | 566,000 | 61,000 | 217,000 | 392,000 | 557,000 | 65,000 | 204,000 | 470,000 | 559,000 | 95,000 | 251,000 | 370,000 | 491,000 | 54,000 | 161,000 | 314,000 | 413,000 | 45,000 | 154,000 | 269,000 | 73,000 | 157,000 | 267,000 | 382,000 | 30,000 | 122,000 | 212,000 | 303,000 | 212,000 | |
total current assets | 148,903,000 | 143,506,000 | 130,857,000 | 156,524,000 | 225,151,000 | 240,926,000 | 241,562,000 | 232,126,000 | 224,348,000 | 226,203,000 | 231,471,000 | 220,552,000 | 232,430,000 | 245,793,000 | 284,222,000 | 301,611,000 | 274,727,000 | 281,210,000 | 291,243,000 | 336,814,000 | 278,587,000 | 263,305,000 | 278,162,000 | 245,964,000 | 242,139,000 | 238,411,000 | 237,336,000 | 222,354,000 | 428,659,000 | 247,142,000 | 262,583,000 | 242,756,000 | 227,298,000 | 231,389,000 | 217,608,000 | 203,629,000 | 229,832,000 | 232,165,000 | 192,278,000 | 222,561,000 | 243,532,000 | 225,287,000 | 216,425,000 | 199,134,000 | 204,583,000 | 196,645,000 | 153,948,000 | |
property, plant and equipment | 871,606,000 | 886,012,000 | 902,813,000 | 902,062,000 | 903,497,000 | 903,588,000 | 908,992,000 | 912,752,000 | 926,813,000 | 943,843,000 | 959,114,000 | 963,490,000 | 977,469,000 | 990,213,000 | 1,006,633,000 | 1,016,726,000 | 1,030,571,000 | 1,043,539,000 | 1,022,181,000 | 1,030,016,000 | 1,039,261,000 | 1,050,677,000 | 1,060,840,000 | 1,077,499,000 | 1,092,120,000 | 1,102,995,000 | 1,113,010,000 | 1,129,083,000 | 1,138,434,000 | 1,148,265,000 | 1,161,203,000 | 1,173,330,000 | 1,183,409,000 | 1,196,245,000 | 1,206,246,000 | 1,220,393,000 | 1,223,239,000 | 1,222,238,000 | 1,217,451,000 | 1,203,249,000 | 1,096,354,000 | 1,020,469,000 | 962,221,000 | 914,270,000 | 866,546,000 | 842,057,000 | 806,648,000 | |
goodwill | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | |||
deferred charges and other assets | 209,375,000 | 221,201,000 | 232,129,000 | 242,787,000 | 236,890,000 | 137,628,000 | 138,327,000 | 137,670,000 | 138,101,000 | 140,982,000 | 145,111,000 | 145,731,000 | 126,965,000 | 130,159,000 | 134,497,000 | 137,976,000 | 143,254,000 | 150,135,000 | 41,324,000 | 29,111,000 | 33,472,000 | 36,692,000 | 37,466,000 | 39,750,000 | 42,954,000 | 46,236,000 | 50,896,000 | 53,653,000 | 58,366,000 | 60,904,000 | 65,403,000 | 70,275,000 | 76,083,000 | 81,828,000 | 88,030,000 | 92,741,000 | 97,915,000 | 95,011,000 | 100,688,000 | 92,362,000 | 38,377,000 | 38,779,000 | 40,728,000 | 44,204,000 | 48,018,000 | 51,919,000 | 55,865,000 | |
total assets | 1,235,698,000 | 1,256,533,000 | 1,271,613,000 | 1,307,187,000 | 1,371,352,000 | 1,287,956,000 | 1,294,695,000 | 1,288,362,000 | 1,295,076,000 | 1,316,842,000 | 1,341,510,000 | 1,335,587,000 | 1,342,678,000 | 1,371,979,000 | 1,431,166,000 | 1,462,127,000 | 1,454,366,000 | 1,480,698,000 | 1,360,562,000 | 1,401,755,000 | 1,357,134,000 | 1,356,488,000 | 1,382,282,000 | 1,369,027,000 | 1,383,027,000 | 1,393,456,000 | 1,407,056,000 | 1,410,904,000 | 1,631,273,000 | 1,462,125,000 | 1,495,003,000 | 1,492,175,000 | 1,492,604,000 | 1,515,276,000 | 1,517,698,000 | 1,522,577,000 | 1,556,800,000 | 1,555,228,000 | 1,536,659,000 | 1,552,234,000 | 1,384,077,000 | 1,290,349,000 | 1,225,188,000 | 1,163,422,000 | 1,124,961,000 | 1,096,435,000 | 1,022,275,000 | |
liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable—westlake | 8,706,000 | 19,132,000 | 8,741,000 | 8,572,000 | 42,628,000 | 20,744,000 | 14,833,000 | 10,581,000 | 8,439,000 | 15,166,000 | 25,261,000 | 10,606,000 | 14,651,000 | 34,087,000 | 35,583,000 | 55,869,000 | 34,471,000 | 10,796,000 | 13,259,000 | 20,134,000 | 11,921,000 | 7,855,000 | 17,923,000 | 5,440,000 | 4,333,000 | 15,201,000 | 13,330,000 | 9,996,000 | 19,344,000 | 27,477,000 | 41,274,000 | 21,229,000 | 14,339,000 | 14,027,000 | 14,123,000 | 14,058,000 | 7,228,000 | 12,130,000 | 7,435,000 | 26,558,000 | 7,290,000 | 15,550,000 | 9,288,000 | 14,523,000 | 12,423,000 | 7,470,000 | 18,127,000 | |
accounts payable—third parties | 10,239,000 | 9,970,000 | 14,349,000 | 28,071,000 | 58,858,000 | 17,708,000 | 17,094,000 | 17,186,000 | 14,843,000 | 16,189,000 | 18,984,000 | 28,759,000 | 15,770,000 | 15,317,000 | 19,459,000 | 20,399,000 | 21,082,000 | 35,105,000 | 16,773,000 | 12,435,000 | 12,602,000 | 13,131,000 | 6,816,000 | 8,846,000 | 8,301,000 | 6,141,000 | 4,644,000 | 8,030,000 | 7,481,000 | 5,045,000 | 6,402,000 | 7,390,000 | 7,798,000 | 10,516,000 | 10,073,000 | 7,102,000 | 15,295,000 | 9,930,000 | 19,189,000 | 67,167,000 | 29,421,000 | 18,737,000 | 24,871,000 | 22,418,000 | 15,568,000 | 12,614,000 | 12,827,000 | |
accrued and other liabilities | 21,847,000 | 22,199,000 | 32,036,000 | 36,263,000 | 63,336,000 | 16,920,000 | 21,364,000 | 21,840,000 | 19,801,000 | 24,980,000 | 31,355,000 | 26,952,000 | 21,061,000 | 17,537,000 | 22,615,000 | 15,751,000 | 21,391,000 | 60,895,000 | 24,527,000 | 16,084,000 | 18,049,000 | 18,768,000 | 16,955,000 | 16,807,000 | 18,032,000 | 17,507,000 | 22,964,000 | 18,287,000 | 20,433,000 | 208,000 | ||||||||||||||||||
total current liabilities | 40,792,000 | 51,301,000 | 55,126,000 | 72,906,000 | 164,822,000 | 55,372,000 | 53,291,000 | 49,607,000 | 43,083,000 | 56,335,000 | 75,600,000 | 66,317,000 | 51,482,000 | 66,941,000 | 77,657,000 | 92,019,000 | 453,999,000 | 106,796,000 | 54,559,000 | 48,653,000 | 42,572,000 | 39,754,000 | 41,694,000 | 31,093,000 | 30,666,000 | 38,849,000 | 40,938,000 | 36,313,000 | 47,258,000 | 48,772,000 | 66,587,000 | 47,615,000 | 37,287,000 | 40,240,000 | 44,920,000 | 36,390,000 | 46,645,000 | 37,777,000 | 47,577,000 | 170,794,000 | 73,338,000 | 57,694,000 | 56,511,000 | 54,397,000 | 34,581,000 | 31,984,000 | 34,953,000 | |
long-term debt payable to westlake | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 22,619,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 601,119,000 | 477,608,000 | 477,608,000 | 477,608,000 | 477,608,000 | 473,960,000 | 477,121,000 | 588,280,000 | 600,206,000 | 594,629,000 | 595,083,000 | 515,338,000 | 443,525,000 | 384,006,000 | 330,495,000 | 280,992,000 | 257,829,000 | 227,638,000 | 188,523,000 | |
deferred income taxes | 1,520,000 | 1,546,000 | 1,518,000 | 1,581,000 | 1,567,000 | 1,546,000 | 1,569,000 | 1,680,000 | 1,664,000 | 1,632,000 | 1,656,000 | 1,638,000 | 1,644,000 | 1,656,000 | 1,671,000 | 1,493,000 | 1,516,000 | 1,530,000 | 1,510,000 | 1,634,000 | 1,574,000 | 1,542,000 | 1,527,000 | 1,667,000 | 1,649,000 | 1,649,000 | 1,631,000 | 1,693,000 | 1,677,000 | 1,664,000 | 1,626,000 | 2,339,000 | 2,272,000 | 2,220,000 | 2,099,000 | 1,936,000 | 1,828,000 | 1,736,000 | 1,781,000 | 1,712,000 | 1,571,000 | 1,392,000 | 1,489,000 | 1,614,000 | 1,902,000 | 6,813,000 | ||
other liabilities | 1,326,000 | 1,660,000 | 1,984,000 | 1,861,000 | 2,183,000 | 2,050,000 | 2,347,000 | 2,554,000 | 2,410,000 | 2,951,000 | 3,308,000 | 36,000 | 206,000 | 381,000 | 555,000 | 740,000 | 947,000 | 1,149,000 | 53,000 | 146,000 | 114,000 | 107,000 | 79,000 | 168,000 | 136,000 | 123,000 | 243,000 | 640,000 | 420,000 | 90,000 | 219,000 | 35,000 | 28,000 | 15,000 | 5,000 | |||||||||||||
total liabilities | 443,312,000 | 454,181,000 | 458,302,000 | 476,022,000 | 568,246,000 | 458,642,000 | 456,881,000 | 453,515,000 | 446,831,000 | 460,592,000 | 480,238,000 | 467,629,000 | 452,800,000 | 468,271,000 | 479,002,000 | 493,186,000 | 478,134,000 | 508,000,000 | 455,743,000 | 449,997,000 | 444,026,000 | 441,351,000 | 443,450,000 | 433,174,000 | 432,936,000 | 441,321,000 | 444,325,000 | 438,790,000 | 651,326,000 | 528,044,000 | 545,874,000 | 527,708,000 | 517,281,000 | 516,527,000 | 524,219,000 | 626,774,000 | 648,815,000 | 634,265,000 | 644,684,000 | 688,484,000 | 518,854,000 | 443,182,000 | 388,714,000 | 337,038,000 | 294,340,000 | 261,485,000 | 224,988,000 | |
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||
equity | ||||||||||||||||||||||||||||||||||||||||||||||||
common unitholders—publicly and privately held | 459,382,000 | 460,848,000 | 462,093,000 | 463,109,000 | 464,339,000 | 471,328,000 | 472,296,000 | 471,199,000 | 472,450,000 | 473,513,000 | 474,895,000 | 476,791,000 | 479,617,000 | 480,643,000 | 480,535,000 | 481,453,000 | 481,550,000 | 481,796,000 | 474,062,000 | 476,076,000 | 470,834,000 | 471,701,000 | 472,556,000 | 471,392,000 | 472,428,000 | 471,736,000 | 470,977,000 | 471,944,000 | 473,119,000 | |||||||||||||||||||
common unitholder—westlake | 39,280,000 | 40,260,000 | 41,091,000 | 41,876,000 | 42,699,000 | 47,373,000 | 48,020,000 | 47,408,000 | 48,282,000 | 48,993,000 | 49,919,000 | 51,282,000 | 53,173,000 | 53,859,000 | 53,787,000 | 54,526,000 | 54,591,000 | 54,754,000 | 49,576,000 | 51,103,000 | 47,690,000 | 48,270,000 | 48,900,000 | 48,120,000 | 48,814,000 | 48,350,000 | 47,940,000 | 48,419,000 | 49,195,000 | 48,774,000 | 49,511,000 | 49,848,000 | 49,872,000 | 50,265,000 | 49,025,000 | 4,825,000 | 4,823,000 | 4,813,000 | 4,726,000 | 4,739,000 | 4,701,000 | 4,502,000 | 4,360,000 | 4,242,000 | 4,094,000 | 4,038,000 | 3,828,000 | |
general partner—westlake | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,573,000 | -242,572,000 | -241,839,000 | -241,958,000 | -242,074,000 | -242,250,000 | -242,341,000 | -242,430,000 | -242,481,000 | -242,526,000 | -242,570,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | |
total westlake chemical partners lp partners' capital | 256,090,000 | 258,536,000 | 260,612,000 | 262,413,000 | 264,466,000 | 276,129,000 | 277,744,000 | 276,035,000 | 278,160,000 | 279,934,000 | 282,242,000 | 285,501,000 | 290,218,000 | 291,930,000 | 291,750,000 | 293,407,000 | 293,569,000 | 293,978,000 | 281,066,000 | 284,607,000 | 275,952,000 | 277,399,000 | 278,884,000 | 276,940,000 | 278,670,000 | 277,514,000 | 276,345,000 | 277,791,000 | 279,742,000 | 215,810,000 | 217,493,000 | 218,152,000 | 219,117,000 | 219,814,000 | 216,861,000 | 102,953,000 | 102,859,000 | 102,484,000 | 100,372,000 | 100,175,000 | 99,580,000 | 96,561,000 | 93,425,000 | 91,370,000 | 88,583,000 | 87,524,000 | 83,573,000 | |
noncontrolling interest in westlake chemical opco lp | 536,296,000 | 543,816,000 | 552,699,000 | 568,752,000 | 538,640,000 | 553,185,000 | 560,070,000 | 558,812,000 | 570,085,000 | 576,316,000 | 579,030,000 | 582,457,000 | 599,660,000 | 611,778,000 | 660,414,000 | 675,534,000 | 682,663,000 | 678,720,000 | 623,753,000 | 667,151,000 | 637,156,000 | 637,738,000 | 659,948,000 | 658,913,000 | 671,421,000 | 674,621,000 | 686,386,000 | 694,323,000 | 700,205,000 | 718,271,000 | 731,636,000 | 746,315,000 | 756,206,000 | 778,935,000 | 776,618,000 | 792,850,000 | 805,126,000 | 818,479,000 | 791,603,000 | 763,575,000 | 765,643,000 | 750,606,000 | 743,049,000 | 735,014,000 | 742,038,000 | 747,426,000 | ||
total equity | 792,386,000 | 802,352,000 | 813,311,000 | 831,165,000 | 803,106,000 | 829,314,000 | 837,814,000 | 834,847,000 | 848,245,000 | 856,250,000 | 861,272,000 | 867,958,000 | 889,878,000 | 903,708,000 | 952,164,000 | 968,941,000 | 976,232,000 | 972,698,000 | 904,819,000 | 951,758,000 | 913,108,000 | 915,137,000 | 938,832,000 | 935,853,000 | 950,091,000 | 952,135,000 | 962,731,000 | 972,114,000 | 979,947,000 | 934,081,000 | 949,129,000 | 964,467,000 | 975,323,000 | 998,749,000 | 993,479,000 | 895,803,000 | 907,985,000 | 920,963,000 | 891,975,000 | 863,750,000 | 865,223,000 | 847,167,000 | 836,474,000 | 826,384,000 | 830,621,000 | 834,950,000 | 797,287,000 | |
total liabilities and equity | 1,235,698,000 | 1,256,533,000 | 1,271,613,000 | 1,307,187,000 | 1,371,352,000 | 1,287,956,000 | 1,294,695,000 | 1,288,362,000 | 1,295,076,000 | 1,316,842,000 | 1,341,510,000 | 1,335,587,000 | 1,342,678,000 | 1,371,979,000 | 1,431,166,000 | 1,462,127,000 | 1,454,366,000 | 1,480,698,000 | 1,360,562,000 | 1,401,755,000 | 1,357,134,000 | 1,356,488,000 | 1,382,282,000 | 1,369,027,000 | 1,383,027,000 | 1,393,456,000 | 1,407,056,000 | 1,410,904,000 | 1,631,273,000 | 1,462,125,000 | 1,495,003,000 | 1,492,175,000 | 1,492,604,000 | 1,515,276,000 | 1,517,698,000 | 1,522,577,000 | 1,556,800,000 | 1,555,228,000 | 1,536,659,000 | 1,552,234,000 | 1,384,077,000 | 1,290,349,000 | 1,225,188,000 | 1,163,422,000 | 1,124,961,000 | 1,096,435,000 | 1,022,275,000 | |
debt payable to westlake | 377,055,000 | |||||||||||||||||||||||||||||||||||||||||||||||
receivable under the investment management agreement—westlake chemical corporation | 106,243,000 | 196,252,000 | 222,249,000 | 187,239,000 | 123,228,000 | 191,241,000 | 171,391,000 | 161,759,000 | 162,773,000 | 164,888,000 | 141,327,000 | 276,501,000 | 148,956,000 | 151,875,000 | 143,741,000 | 134,712,000 | 136,510,000 | 119,009,000 | ||||||||||||||||||||||||||||||
operating lease liabilities | 2,082,000 | 1,110,000 | 1,272,000 | |||||||||||||||||||||||||||||||||||||||||||||
accounts receivable, net—westlake chemical corporation | 57,280,000 | 43,884,000 | 126,977,000 | 39,655,000 | 44,035,000 | 35,882,000 | 37,982,000 | 18,529,000 | ||||||||||||||||||||||||||||||||||||||||
accrued liabilities | 16,250,000 | 18,911,000 | 18,996,000 | 15,150,000 | 15,697,000 | 20,724,000 | 15,230,000 | 24,122,000 | 15,717,000 | 20,953,000 | 77,069,000 | 36,627,000 | 23,407,000 | 22,352,000 | 17,456,000 | 6,590,000 | 11,900,000 | 3,999,000 | ||||||||||||||||||||||||||||||
common unitholders—public | 409,608,000 | 410,555,000 | 410,754,000 | 410,786,000 | 411,228,000 | 409,684,000 | 297,486,000 | 297,462,000 | 297,367,000 | 296,585,000 | 296,704,000 | 296,357,000 | 294,565,000 | 293,282,000 | 292,216,000 | 290,884,000 | 290,377,000 | 288,487,000 | ||||||||||||||||||||||||||||||
accumulated other comprehensive income | 122,000 | 298,000 | 279,000 | 226,000 | 243,000 | 289,000 | 200,000 | -224,000 | -624,000 | -451,000 | 280,000 | |||||||||||||||||||||||||||||||||||||
subordinated unitholder—westlake | 42,649,000 | 42,626,000 | 42,534,000 | 41,766,000 | 41,882,000 | 41,543,000 | 39,786,000 | 38,528,000 | 37,484,000 | 36,177,000 | 35,681,000 | 33,830,000 | ||||||||||||||||||||||||||||||||||||
other assets | ||||||||||||||||||||||||||||||||||||||||||||||||
total other assets | 93,844,000 | 98,555,000 | 103,729,000 | 100,825,000 | 106,502,000 | 98,176,000 | 44,191,000 | 44,593,000 | 46,542,000 | 50,018,000 | 53,832,000 | 57,733,000 | 61,679,000 | |||||||||||||||||||||||||||||||||||
accounts receivable—westlake chemical corporation | 79,367,000 | 82,065,000 | 98,145,000 | 59,118,000 | 56,043,000 | |||||||||||||||||||||||||||||||||||||||||||
receivable from westlake | 20,428,000 | 28,248,000 | ||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -173,000 | |||||||||||||||||||||||||||||||||||||||||||||||
equity investment | ||||||||||||||||||||||||||||||||||||||||||||||||
goodwill and intangible assets | 5,814,000 | 5,814,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net investment | ||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interest in opco | 713,714,000 | |||||||||||||||||||||||||||||||||||||||||||||||
cash flows from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||
net income | 297,718,000 | |||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 39,282,000 | |||||||||||||||||||||||||||||||||||||||||||||||
benefit from (recovery of) doubtful accounts | 65,000 | |||||||||||||||||||||||||||||||||||||||||||||||
income from disposition of fixed assets | 1,238,000 | |||||||||||||||||||||||||||||||||||||||||||||||
equity in loss of joint venture, net of dividends | 215,000 | |||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | 9,258,000 | |||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | -2,583,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other | 7,499,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities | 378,921,000 | |||||||||||||||||||||||||||||||||||||||||||||||
cash flows from investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||
additions to property, plant and equipment | -106,191,000 | |||||||||||||||||||||||||||||||||||||||||||||||
settlements of derivative instruments | -290,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -106,481,000 | |||||||||||||||||||||||||||||||||||||||||||||||
cash flows from financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from 2013 promissory notes | 104,173,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net distributions to westlake | -376,613,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | -272,440,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net change in cash | ||||||||||||||||||||||||||||||||||||||||||||||||
cash at beginning of period | ||||||||||||||||||||||||||||||||||||||||||||||||
cash at end of period | ||||||||||||||||||||||||||||||||||||||||||||||||
• |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities | |||||||||||||||||||||||||||||||||||||||||||||||
net income | 81,655,000 | 84,258,000 | 86,214,000 | 85,795,000 | 42,309,000 | 87,387,000 | 104,100,000 | 88,026,000 | 89,646,000 | 87,057,000 | 80,853,000 | 75,264,000 | 91,452,000 | 91,260,000 | 78,305,000 | 84,439,000 | 80,825,000 | 138,394,000 | 66,075,000 | 120,294,000 | 76,622,000 | 75,124,000 | 91,848,000 | 80,377,000 | 93,770,000 | 91,910,000 | 82,479,000 | 80,110,000 | 78,396,000 | 81,582,000 | 83,799,000 | 84,476,000 | 80,714,000 | 98,315,000 | 82,245,000 | 86,470,000 | 86,028,000 | 93,581,000 | 75,859,000 | 81,192,000 | 102,771,000 | 91,175,000 | 87,046,000 | 87,243,000 | 88,389,000 | 93,929,000 | 118,173,000 |
adjustments to reconcile net income to net cash from operating activities | |||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 34,299,000 | 34,554,000 | 33,872,000 | 32,484,000 | 27,068,000 | 27,478,000 | 28,112,000 | 28,315,000 | 27,994,000 | 28,301,000 | 28,226,000 | 27,040,000 | 26,636,000 | 29,392,000 | 29,391,000 | 31,009,000 | 31,282,000 | 25,984,000 | 26,586,000 | 28,702,000 | 27,542,000 | 25,387,000 | 25,923,000 | 25,813,000 | 26,031,000 | 26,938,000 | 26,681,000 | 26,857,000 | 26,844,000 | 26,666,000 | 26,892,000 | 27,586,000 | 27,698,000 | 27,483,000 | 29,053,000 | 27,299,000 | 30,150,000 | 30,738,000 | 26,290,000 | 20,786,000 | 20,396,000 | 20,573,000 | 20,442,000 | 20,392,000 | 19,803,000 | 19,110,000 | 19,219,000 |
loss from disposition of property, plant and equipment | 61,000 | 475,000 | 1,788,000 | 388,000 | 103,000 | 104,000 | 416,000 | 1,554,000 | 271,000 | 495,000 | 4,016,000 | 55,000 | 367,000 | 319,000 | 958,000 | 460,000 | 2,970,000 | 2,435,000 | 372,000 | 32,000 | 1,359,000 | 0 | 554,000 | 349,000 | 97,000 | 57,000 | 0 | 0 | 458,000 | 1,256,000 | 26,000 | 0 | 567,000 | 406,000 | 2,734,000 | 20,000 | -127,000 | 613,000 | -59,000 | 2,140,000 | 327,000 | ||||||
other losses | 70,000 | 59,000 | -104,000 | 137,000 | -211,000 | 256,000 | 59,000 | -389,000 | -272,000 | 575,000 | -4,044,000 | 119,000 | 148,000 | -1,000 | -180,000 | 181,000 | 357,000 | ||||||||||||||||||||||||||||||
changes in operating assets and liabilities | |||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable—third parties | -10,761,000 | 7,159,000 | -3,446,000 | 314,000 | -1,553,000 | 11,080,000 | 4,565,000 | 327,000 | -8,751,000 | 2,842,000 | -3,776,000 | 2,514,000 | -248,000 | 8,674,000 | 15,918,000 | -17,434,000 | -21,593,000 | 7,505,000 | 12,563,000 | -5,856,000 | -8,744,000 | -6,123,000 | 1,935,000 | 6,975,000 | -3,740,000 | 4,287,000 | 6,468,000 | -4,923,000 | 1,102,000 | 6,429,000 | -6,243,000 | 2,523,000 | -1,239,000 | -1,605,000 | -1,431,000 | 5,643,000 | -8,753,000 | 3,448,000 | -6,270,000 | -3,592,000 | 5,862,000 | 2,553,000 | 7,596,000 | -5,248,000 | 20,523,000 | ||
net accounts receivable—westlake | 8,000,000 | 6,503,000 | 951,000 | -38,319,000 | -1,164,000 | 18,804,000 | -1,604,000 | 4,817,000 | 3,720,000 | 700,000 | 5,150,000 | 577,000 | 20,904,000 | 5,677,000 | -14,278,000 | 26,060,000 | 56,738,000 | -87,984,000 | 3,037,000 | -7,787,000 | 60,978,000 | -61,839,000 | -1,246,000 | -317,000 | -8,573,000 | -5,859,000 | 7,798,000 | -1,060,000 | 1,479,000 | -5,530,000 | 2,203,000 | 2,148,000 | 737,000 | 16,096,000 | 19,018,000 | 9,528,000 | 40,010,000 | -3,710,000 | -50,329,000 | -12,054,000 | -24,649,000 | 11,852,000 | -13,388,000 | 4,200,000 | -14,500,000 | -686,000 | |
inventories | -324,000 | 309,000 | 183,000 | -528,000 | 1,325,000 | -307,000 | 736,000 | 373,000 | -428,000 | -38,000 | -1,134,000 | 2,206,000 | -751,000 | 644,000 | 2,089,000 | 439,000 | 1,011,000 | -2,308,000 | -1,661,000 | -1,758,000 | 303,000 | -1,822,000 | -123,000 | 471,000 | 484,000 | 1,214,000 | 314,000 | 185,000 | -587,000 | 616,000 | 1,124,000 | -957,000 | 419,000 | -1,709,000 | 677,000 | 218,000 | -842,000 | -506,000 | -935,000 | 97,000 | 1,289,000 | -607,000 | 584,000 | 708,000 | 2,070,000 | -1,083,000 | 6,773,000 |
prepaid expenses and other current assets | 187,000 | 235,000 | -617,000 | 177,000 | 243,000 | 223,000 | 277,000 | -687,000 | 185,000 | 157,000 | 119,000 | -565,000 | 152,000 | 153,000 | -391,000 | 171,000 | 158,000 | 170,000 | -505,000 | 156,000 | 175,000 | 165,000 | -492,000 | 139,000 | 266,000 | 89,000 | -464,000 | 156,000 | 119,000 | 121,000 | -437,000 | 107,000 | 153,000 | 99,000 | -368,000 | 109,000 | 115,000 | -269,000 | 73,000 | 84,000 | 110,000 | 115,000 | -352,000 | 92,000 | 90,000 | 91,000 | -927,000 |
accounts payable—third parties | -290,000 | -1,845,000 | -11,810,000 | -25,640,000 | 36,942,000 | -2,320,000 | -1,995,000 | 2,795,000 | -1,173,000 | -3,203,000 | -10,600,000 | 12,581,000 | 2,791,000 | -2,732,000 | |||||||||||||||||||||||||||||||||
accrued and other liabilities | -2,208,000 | -9,821,000 | -854,000 | -28,302,000 | 45,892,000 | -3,894,000 | -1,083,000 | 2,387,000 | -3,231,000 | -5,527,000 | 64,000 | 4,022,000 | 5,467,000 | -5,207,000 | 6,833,000 | -3,801,000 | -35,358,000 | 33,884,000 | 6,830,000 | -2,441,000 | -699,000 | 274,000 | 400,000 | -254,000 | 1,252,000 | -3,884,000 | 2,773,000 | -1,376,000 | 3,472,000 | -4,253,000 | 2,252,000 | 514,000 | -487,000 | -5,027,000 | 5,685,000 | -8,128,000 | 7,461,000 | -4,040,000 | -19,074,000 | 24,330,000 | 2,575,000 | 278,000 | -340,000 | 5,856,000 | -3,477,000 | 12,533,000 | 7,425,000 |
deferred charges and other assets and others | -491,000 | -1,345,000 | -1,102,000 | -17,194,000 | -105,521,000 | ||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities | 110,198,000 | 120,379,000 | 105,238,000 | 9,071,000 | 45,781,000 | 132,469,000 | 126,071,000 | 121,896,000 | 104,565,000 | 107,671,000 | 100,925,000 | 98,543,000 | 144,860,000 | 122,574,000 | 115,495,000 | 120,857,000 | 104,810,000 | 21,862,000 | 99,459,000 | 131,710,000 | 155,408,000 | 32,521,000 | 117,157,000 | 112,758,000 | 110,961,000 | 115,653,000 | 121,482,000 | 100,173,000 | 113,499,000 | 106,147,000 | 109,433,000 | 114,349,000 | 106,222,000 | 135,441,000 | 139,630,000 | 113,208,000 | 149,078,000 | 110,356,000 | -7,907,000 | 72,702,000 | 112,575,000 | 121,339,000 | 101,304,000 | 116,664,000 | 113,235,000 | 118,022,000 | 107,069,000 |
capital expenditures | -5,556,000 | -8,829,000 | -29,652,000 | -24,380,000 | -15,956,000 | -13,474,000 | -15,546,000 | -10,178,000 | -9,773,000 | -12,842,000 | -16,810,000 | -4,513,000 | -12,656,000 | -8,660,000 | -13,124,000 | -11,992,000 | -20,342,000 | -42,681,000 | -11,201,000 | -14,541,000 | -12,748,000 | -7,798,000 | -8,575,000 | -8,606,000 | -11,989,000 | -13,679,000 | -4,446,000 | -13,438,000 | -12,144,000 | -9,815,000 | -13,427,000 | -6,941,000 | -9,679,000 | -12,251,000 | -12,611,000 | -20,828,000 | -23,168,000 | -30,991,000 | -100,114,000 | -89,442,000 | -79,091,000 | -78,613,000 | -57,058,000 | -55,974,000 | -39,540,000 | -58,475,000 | -38,157,000 |
free cash flows | 104,642,000 | 111,550,000 | 75,586,000 | -15,309,000 | 29,825,000 | 118,995,000 | 110,525,000 | 111,718,000 | 94,792,000 | 94,829,000 | 84,115,000 | 94,030,000 | 132,204,000 | 113,914,000 | 102,371,000 | 108,865,000 | 84,468,000 | -20,819,000 | 88,258,000 | 117,169,000 | 142,660,000 | 24,723,000 | 108,582,000 | 104,152,000 | 98,972,000 | 101,974,000 | 117,036,000 | 86,735,000 | 101,355,000 | 96,332,000 | 96,006,000 | 107,408,000 | 96,543,000 | 123,190,000 | 127,019,000 | 92,380,000 | 125,910,000 | 79,365,000 | -108,021,000 | -16,740,000 | 33,484,000 | 42,726,000 | 44,246,000 | 60,690,000 | 73,695,000 | 59,547,000 | 68,912,000 |
cash flows from investing activities | |||||||||||||||||||||||||||||||||||||||||||||||
additions to property, plant and equipment | -5,556,000 | -8,829,000 | -29,652,000 | -24,380,000 | -15,956,000 | -13,474,000 | -15,546,000 | -10,178,000 | -9,773,000 | -12,842,000 | -16,810,000 | -4,513,000 | -12,656,000 | -8,660,000 | -13,124,000 | -11,992,000 | -20,342,000 | -42,681,000 | -11,201,000 | -14,541,000 | -12,748,000 | -7,798,000 | -8,575,000 | -8,606,000 | -11,989,000 | -13,679,000 | -4,446,000 | -13,438,000 | -12,144,000 | -9,815,000 | -13,427,000 | -6,941,000 | -9,679,000 | -12,251,000 | -12,611,000 | -20,828,000 | -23,168,000 | -30,991,000 | -100,114,000 | -89,442,000 | -79,091,000 | -78,613,000 | -57,058,000 | -55,974,000 | -39,540,000 | -58,475,000 | -38,157,000 |
investments with westlake under the investment management agreement | -13,000,000 | -25,000,000 | -10,000,000 | 0 | -74,000,000 | -90,116,000 | -43,884,000 | -106,000,000 | -115,000,000 | -55,000,000 | 0 | -94,000,000 | -118,000,000 | -64,000,000 | -44,000,000 | -115,000,000 | -112,000,000 | -78,000,000 | -108,000,000 | -85,000,000 | -128,933,000 | -207,512,000 | -99,000,000 | -100,000,000 | -75,000,000 | -110,000,000 | |||||||||||||||||||||
maturities of investments with westlake under the investment management agreement | 0 | 30,000,000 | 60,000,000 | 30,000,000 | 0 | 10,000,000 | 32,000,000 | 103,000,000 | 115,000,000 | 100,000,000 | 97,000,000 | 50,000,000 | 90,000,000 | 120,000,000 | 112,000,000 | 95,000,000 | 102,000,000 | 79,000,000 | 110,000,000 | 61,000,000 | 264,445,000 | 80,000,000 | 102,000,000 | 92,050,000 | 66,000,000 | 112,000,000 | |||||||||||||||||||||
net cash from investing activities | -18,556,000 | -18,829,000 | 348,000 | 35,620,000 | 14,044,000 | -38,474,000 | -30,546,000 | -10,178,000 | -9,773,000 | -22,842,000 | -6,810,000 | -46,513,000 | 228,000 | 62,456,000 | -19,124,000 | -29,992,000 | -25,342,000 | 47,063,000 | 14,799,000 | -49,541,000 | -76,622,000 | 60,202,000 | -28,575,000 | -18,606,000 | -10,989,000 | -11,725,000 | -28,446,000 | 122,074,000 | -139,610,000 | -6,815,000 | -21,628,000 | -15,690,000 | -7,679,000 | -29,423,000 | -131,609,000 | -20,711,000 | -21,486,000 | -30,991,000 | -100,055,000 | -89,442,000 | -78,993,000 | -78,613,000 | -57,058,000 | -55,974,000 | -39,540,000 | -58,475,000 | -38,000,000 |
cash flows from financing activities | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from debt payable to westlake | 40,500,000 | 38,500,000 | 40,000,000 | 41,000,000 | 54,000,000 | 56,000,000 | 55,000,000 | 54,000,000 | 54,000,000 | 54,000,000 | 56,750,000 | 59,500,000 | 39,000,000 | 0 | 0 | -1,000 | 123,512,000 | 0 | 0 | 0 | 3,648,000 | 10,000,000 | 134,873,000 | 3,384,000 | 17,000,000 | 0 | 80,343,000 | 72,313,000 | 59,519,000 | 53,511,000 | 49,503,000 | 158,504,000 | 30,191,000 | 40,481,000 | |||||||||||||
repayment of debt payable to westlake | -40,500,000 | -38,500,000 | -40,000,000 | -41,000,000 | -54,000,000 | -56,000,000 | -55,000,000 | -54,000,000 | -54,000,000 | -54,000,000 | -56,750,000 | -59,500,000 | -39,000,000 | 0 | 0 | -13,161,000 | -246,032,000 | -15,310,000 | -11,423,000 | -454,000 | -598,000 | 0 | 0 | ||||||||||||||||||||||||
distributions to noncontrolling interest retained in opco by westlake | -75,006,000 | -78,602,000 | -87,614,000 | -41,125,000 | -51,906,000 | -79,276,000 | -84,706,000 | -84,872,000 | -81,044,000 | -75,472,000 | |||||||||||||||||||||||||||||||||||||
distributions to unitholders | -16,615,000 | -16,615,000 | -16,615,000 | -16,611,000 | -16,611,000 | -16,611,000 | -16,610,000 | -16,607,000 | -16,607,000 | -16,607,000 | |||||||||||||||||||||||||||||||||||||
net cash from financing activities | -91,621,000 | -95,217,000 | -104,229,000 | -57,736,000 | -68,517,000 | -95,887,000 | -101,316,000 | -101,479,000 | -97,651,000 | -92,079,000 | -87,680,000 | -97,184,000 | -105,282,000 | -139,716,000 | -95,272,000 | -91,730,000 | -77,291,000 | -70,515,000 | -113,276,000 | -81,793,000 | -78,651,000 | -98,900,000 | -88,869,000 | -94,615,000 | -95,814,000 | -102,652,000 | -91,862,000 | -289,389,000 | 90,982,000 | -96,629,000 | -99,247,000 | -95,156,000 | -100,571,000 | -96,259,000 | -95,711,000 | -110,532,000 | -93,518,000 | -65,471,000 | 31,711,000 | -10,679,000 | -24,465,000 | -27,424,000 | -27,280,000 | -68,317,000 | -62,527,000 | -15,785,000 | 20,919,000 |
net increase in cash and cash equivalents | 21,000 | 1,357,000 | -1,892,000 | -5,791,000 | 10,239,000 | -2,859,000 | -7,250,000 | 6,435,000 | -45,154,000 | 39,806,000 | 45,314,000 | 1,099,000 | -865,000 | 2,177,000 | -1,590,000 | 982,000 | 376,000 | 135,000 | -6,177,000 | -287,000 | -463,000 | 4,158,000 | -67,142,000 | 64,871,000 | 3,503,000 | -2,028,000 | -18,035,000 | 34,074,000 | 13,894,000 | -76,251,000 | -27,419,000 | 9,117,000 | 15,302,000 | 16,966,000 | -7,627,000 | 11,168,000 | |||||||||||
cash and cash equivalents at beginning of period | 44,269,000 | 0 | 0 | 58,316,000 | 0 | 0 | 58,619,000 | 0 | 0 | 64,782,000 | 0 | 0 | 17,057,000 | 0 | 0 | 17,154,000 | 0 | 0 | 19,923,000 | 0 | 0 | 19,744,000 | 0 | 0 | 27,008,000 | 0 | 0 | 88,900,000 | 0 | 0 | 169,559,000 | 0 | 0 | 133,750,000 | |||||||||||||
cash and cash equivalents at end of period | 44,290,000 | 1,357,000 | -13,045,000 | 49,624,000 | -5,791,000 | 10,239,000 | 55,760,000 | 6,435,000 | -45,154,000 | 104,588,000 | 1,099,000 | -865,000 | 19,234,000 | 982,000 | 376,000 | 17,289,000 | -287,000 | -463,000 | 24,081,000 | 1,174,000 | -67,142,000 | 84,615,000 | -11,442,000 | 3,503,000 | 24,980,000 | -87,690,000 | -18,035,000 | 122,974,000 | -76,251,000 | -27,419,000 | 178,676,000 | 16,966,000 | -7,627,000 | 144,918,000 | |||||||||||||
other gains | -1,142,000 | 107,000 | 656,000 | 103,000 | 253,000 | -212,000 | |||||||||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | -8,692,000 | 2,703,000 | |||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of the year | |||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of the year | |||||||||||||||||||||||||||||||||||||||||||||||
other | -5,918,000 | -7,394,000 | -5,800,000 | -3,924,000 | -3,172,000 | -1,604,000 | -24,879,000 | -2,485,000 | -1,562,000 | -2,575,000 | -2,014,000 | -581,000 | -112,169,000 | -15,981,000 | -1,566,000 | -1,606,000 | -2,434,000 | -934,000 | -110,000 | -208,000 | -542,000 | -476,000 | -69,000 | -101,000 | -280,000 | -118,000 | -228,000 | 138,000 | 673,000 | -1,027,000 | 63,000 | -9,626,000 | -1,419,000 | -14,915,000 | -57,682,000 | -3,895,000 | -2,022,000 | -757,000 | -402,000 | -307,000 | -1,910,000 | 2,999,000 | |||||
quarterly distributions to noncontrolling interest retained in opco by westlake | -80,581,000 | -88,678,000 | -123,112,000 | -78,668,000 | -75,130,000 | -60,688,000 | -53,915,000 | -96,683,000 | -65,200,000 | -62,058,000 | -82,309,000 | -72,278,000 | -78,025,000 | -79,223,000 | -86,304,000 | -75,494,000 | -72,259,000 | -81,507,000 | -83,064,000 | -86,066,000 | -81,610,000 | -91,148,000 | -80,452,000 | -85,092,000 | -88,771,000 | -89,617,000 | -55,854,000 | -39,170,000 | -73,916,000 | -75,650,000 | -72,833,000 | -68,908,000 | |||||||||||||||
quarterly distributions to unitholders | -16,603,000 | -16,604,000 | -16,604,000 | -16,604,000 | -16,600,000 | -16,603,000 | -16,600,000 | -16,593,000 | -16,593,000 | -16,593,000 | -16,591,000 | -16,591,000 | -16,590,000 | -16,591,000 | -16,348,000 | -16,113,000 | -15,666,000 | -13,957,000 | -13,565,000 | -13,181,000 | -13,546,000 | -13,071,000 | -12,605,000 | -10,199,000 | -9,835,000 | -9,478,000 | -9,163,000 | -8,864,000 | -8,576,000 | -8,334,000 | -8,102,000 | -7,875,000 | |||||||||||||||
other loss | 2,379,000 | 992,000 | |||||||||||||||||||||||||||||||||||||||||||||
accounts payable | -851,000 | -11,634,000 | 17,093,000 | 2,036,000 | 1,278,000 | -625,000 | 3,536,000 | -496,000 | -256,000 | 1,463,000 | 1,083,000 | -3,453,000 | 294,000 | 2,497,000 | -209,000 | 569,000 | -2,001,000 | -2,835,000 | 416,000 | 3,381,000 | -7,505,000 | 5,150,000 | -8,201,000 | -18,807,000 | 17,223,000 | 7,610,000 | -4,015,000 | 444,000 | 3,818,000 | 589,000 | 3,311,000 | -5,643,000 | |||||||||||||||
net proceeds from private placement of common units | 0 | -255,000 | |||||||||||||||||||||||||||||||||||||||||||||
provision for (recovery of) doubtful accounts | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from private placement of common units | 62,934,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from common equity offering | |||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from equity offering | |||||||||||||||||||||||||||||||||||||||||||||||
receivable under the investment management agreement—westlake | -17,172,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from common unit offering | |||||||||||||||||||||||||||||||||||||||||||||||
provision for doubtful accounts | -500,000 | -500,000 | 975,000 | 166,000 | 191,000 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||
gain on involuntary conversion of assets | 0 | -117,000 | -1,555,000 | ||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes | 163,000 | 108,000 | 92,000 | -45,000 | 69,000 | 141,000 | 179,000 | -97,000 | -125,000 | -288,000 | 54,000 | 341,000 | 1,454,000 | ||||||||||||||||||||||||||||||||||
proceeds from disposition of assets | 2,000 | 0 | 127,000 | 0 | 59,000 | 0 | 98,000 | ||||||||||||||||||||||||||||||||||||||||
proceeds from involuntary conversion of assets | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from common units offering | |||||||||||||||||||||||||||||||||||||||||||||||
insurance recovery for involuntary conversion | 1,555,000 | ||||||||||||||||||||||||||||||||||||||||||||||
income from equity method investment, net of dividends | |||||||||||||||||||||||||||||||||||||||||||||||
settlements of derivative instruments | 0 | 157,000 | |||||||||||||||||||||||||||||||||||||||||||||
repayment of debt payable to westlake with proceeds from the initial public offering | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of common units | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from initial public offering distributed to westlake | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
net distributions to westlake prior to initial public offering | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
loss from disposition of fixed assets | 154,000 | 123,000 | 1,000 | 300,000 | 6,000 | ||||||||||||||||||||||||||||||||||||||||||
recovery of doubtful accounts | |||||||||||||||||||||||||||||||||||||||||||||||
quarterly distribution for the period from october 1, 2014 to december 31, 2014 to noncontrolling interest retained in opco by westlake | -85,277,000 | ||||||||||||||||||||||||||||||||||||||||||||||
quarterly distribution for the period from october 1, 2014 to december 31, 2014 to unitholders | -7,441,000 | ||||||||||||||||||||||||||||||||||||||||||||||
quarterly distribution for the period from august 4, 2014 to september 30, 2014 to noncontrolling interest retained in opco by westlake | |||||||||||||||||||||||||||||||||||||||||||||||
equity in income of joint venture, net of dividends | |||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | -32,895,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash | |||||||||||||||||||||||||||||||||||||||||||||||
cash at beginning of period | |||||||||||||||||||||||||||||||||||||||||||||||
cash at end of period | |||||||||||||||||||||||||||||||||||||||||||||||
equity in loss of joint venture, net of dividends | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from 2013 promissory notes | |||||||||||||||||||||||||||||||||||||||||||||||
net distributions to westlake | |||||||||||||||||||||||||||||||||||||||||||||||
net change in cash |