Brief: Westlake Chemical Partners Announces Q1 Results

Westlake Chemical Partners LP

03/05/2018 11:39

May 3 (Reuters) - Westlake Chemical Partners LP  WLKP.N :
    * ANNOUNCES FIRST QUARTER 2018 RESULTS
    * WESTLAKE CHEMICAL PARTNERS- REPORTED NET INCOME
ATTRIBUTABLE TO
PARTNERSHIP OF $0.36 PER LIMITED PARTNER UNIT, FOR THREE MONTHS
ENDED MARCH 31, 2018
    * QTRLY TOTAL NET SALES $284.3 MILLION VERSUS $277.4 MILLION
    * QUARTERLY MLP DISTRIBUTABLE CASH FLOW OF $14.5 MILLION
    * QUARTERLY DISTRIBUTION COVERAGE RATIO OF 1.13X
    * WESTLAKE CHEMICAL PARTNERS - INCREASED QUARTERLY CASH
DISTRIBUTION BY 2.9% SEQUENTIALLY, OR 12% COMPARED TO Q1 2017
DISTRIBUTION, TO $0.3975 PER UNIT

Source text for Eikon:  ID:nBw4NVvyXa 
Further company coverage:  WLKP.N 

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