Westlake Chemical Q4 revenue rises

Westlake Chemical Partners LP

24/02/2026 11:39

Overview

Chemical producer's Q4 revenue rises

Net income for Q4 was $14.5 mln, in line with Q3 2025

Company completed Petro 1 turnaround, impacting full-year results

Outlook

Company expects increased production and sales volume in 2026

Westlake Chemical Partners anticipates improved coverage ratio in 2026

Result Drivers

PETRO 1 TURNAROUND - Completion of the Petro 1 turnaround impacted production and sales volume, affecting full-year results

LOWER MAINTENANCE SPENDING - Increased Q4 MLP distributable cash flow due to lower maintenance capital expenditures

ETHYLENE SALES AGREEMENT - OpCo's Ethylene Sales agreement with Westlake provided stable cash flows, selling 95% of ethylene production at a fixed margin

Company press release: ID:nBwbqrXbVa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$296.88 mln
$313 mln (1 Analyst)
Q4 Net Income
$84.26 mln
Q4 EBITDA
$124.51 mln
Q4 Gross Profit
$96.81 mln
Q4 Income from Operations
$89.76 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the commodity chemicals peer group is "buy"

Wall Street's median 12-month price target for Westlake Chemical Partners LP is $28.00, about 31.8% above its February 23 closing price of $21.24

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)