$WLKP
Westlake Chemical Partners LP Stock $wlkp

$wlkp Overview Financials Valuation SEC Filings Company Website

2024 Q4 Form 10-Q Financial Statement

#000160466524000037 Filed on November 06, 2024

Income Statement

Concept	2024 Q4	2024 Q3
Revenue		$277.0M
YoY Change		-13.89%
Cost Of Revenue		$160.1M
YoY Change		-30.01%
Gross Profit		$116.9M
YoY Change		25.77%
Gross Profit Margin		42.22%
Selling, General & Admin		$7.254M
YoY Change		7.61%
% of Gross Profit		6.2%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization		$21.63M
YoY Change		1.62%
% of Gross Profit		18.49%
Operating Expenses		$7.254M
YoY Change		7.61%
Operating Profit		$109.7M
YoY Change		27.19%
Interest Expense		-$6.698M
YoY Change		4.66%
% of Operating Profit		-6.11%
Other Income/Expense, Net		$1.325M
YoY Change		4.17%
Pretax Income		$104.3M
YoY Change		28.67%
Income Tax		$216.0K
% Of Pretax Income		0.21%
Net Earnings		$18.14M
YoY Change		37.33%
Net Earnings / Revenue		6.55%
Basic Earnings Per Share
Diluted Earnings Per Share		$0.51
COMMON SHARES
Basic Shares Outstanding	35.24M shares	35.23M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2024 Q4	2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments		$60.21M
YoY Change		-8.64%
Cash & Equivalents		$60.21M
Short-Term Investments
Other Short-Term Assets		$667.0K
YoY Change		11.17%
Inventory		$3.751M
Prepaid Expenses
Receivables		$170.5M
Other Receivables		$6.480M
Total Short-Term Assets		$241.6M
YoY Change		4.36%
LONG-TERM ASSETS
Property, Plant & Equipment		$909.0M
YoY Change		-5.23%
Goodwill		$5.814M
YoY Change		0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets		$138.3M
YoY Change		-4.67%
Total Long-Term Assets		$1.053B
YoY Change		-5.13%
TOTAL ASSETS
Total Short-Term Assets		$241.6M
Total Long-Term Assets		$1.053B
Total Assets		$1.295B
YoY Change		-3.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable		$31.93M
YoY Change		-27.77%
Accrued Expenses		$21.36M
YoY Change		-31.86%
Deferred Revenue
YoY Change
Short-Term Debt		$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities		$53.29M
YoY Change		-29.51%
LONG-TERM LIABILITIES
Long-Term Debt		$399.7M
YoY Change		-0.01%
Other Long-Term Liabilities		$2.347M
YoY Change		-29.05%
Total Long-Term Liabilities		$2.347M
YoY Change		-29.05%
TOTAL LIABILITIES
Total Short-Term Liabilities		$53.29M
Total Long-Term Liabilities		$2.347M
Total Liabilities		$456.9M
YoY Change		-4.86%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity		$277.7M
YoY Change
Total Liabilities & Shareholders Equity		$1.295B
YoY Change		-3.49%

Cashflow Statement

Concept	2024 Q4	2024 Q3
OPERATING ACTIVITIES
Net Income		$18.14M
YoY Change		37.33%
Depreciation, Depletion And Amortization		$21.63M
YoY Change		1.62%
Cash From Operating Activities		$126.1M
YoY Change		24.95%
INVESTING ACTIVITIES
Capital Expenditures		$15.55M
YoY Change		-7.46%
Acquisitions
YoY Change
Other Investing Activities		-$15.00M
YoY Change		-250.0%
Cash From Investing Activities		-$30.55M
YoY Change		349.21%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities		-101.3M
YoY Change		15.66%
NET CHANGE
Cash From Operating Activities		126.1M
Cash From Investing Activities		-30.55M
Cash From Financing Activities		-101.3M
Net Change In Cash		-5.791M
YoY Change		-189.09%
FREE CASH FLOW
Cash From Operating Activities		$126.1M
Capital Expenditures		$15.55M
Free Cash Flow		$110.5M
YoY Change		31.42%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Amendment Flag AmendmentFlag	false
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Entity Central Index Key EntityCentralIndexKey	0001604665
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2024-09-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity Registrant Name EntityRegistrantName	Westlake Chemical Partners LP
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	32-0436529
	dei	Entity Address Address Line1 EntityAddressAddressLine1	2801 Post Oak Boulevard
	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 600
	dei	Entity Address City Or Town EntityAddressCityOrTown	Houston
CY2024Q3	us-gaap	Goodwill Goodwill	5814000	usd
CY2023Q4	us-gaap	Goodwill Goodwill	5814000	usd
CY2024Q3	us-gaap	Deferred Costs And Other Assets DeferredCostsAndOtherAssets	138327000	usd
CY2023Q4	us-gaap	Deferred Costs And Other Assets DeferredCostsAndOtherAssets	140982000	usd
CY2023Q4	us-gaap	Assets Assets	1316842000	usd
CY2024Q3	us-gaap	Revenues Revenues	276995000	usd
CY2023Q3	us-gaap	Revenues Revenues	321664000	usd
CY2024Q3	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	160052000	usd
CY2023Q3	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	228683000	usd
CY2024Q3	us-gaap	Gross Profit GrossProfit	116943000	usd
CY2023Q3	us-gaap	Gross Profit GrossProfit	92981000	usd
CY2024Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	7254000	usd
CY2023Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	6741000	usd
CY2024Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	109689000	usd
CY2023Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	86240000	usd
CY2024Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	1325000	usd
CY2023Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	1272000	usd
CY2024Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	104316000	usd
CY2023Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	81075000	usd
CY2023Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	222000	usd
CY2024Q3	us-gaap	Profit Loss ProfitLoss	104100000	usd
CY2024Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	85964000	usd
CY2023Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	67647000	usd
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	18136000	usd
	dei	Entity File Number EntityFileNumber	001-36567
	dei	Local Phone Number LocalPhoneNumber	585-2900
	dei	Security12b Title Security12bTitle	Common units representing limited partnership interests
	dei	Trading Symbol TradingSymbol	WLKP
	dei	Security Exchange Name SecurityExchangeName	NYSE
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	false
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2024Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	35238556	shares
CY2024Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	60208000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	58619000	usd
CY2024Q3	wlkp	Receivablesunder Investment Management Agreementswith Related Parties Current ReceivablesunderInvestmentManagementAgreementswithRelatedPartiesCurrent	109540000	usd
CY2023Q4	wlkp	Receivablesunder Investment Management Agreementswith Related Parties Current ReceivablesunderInvestmentManagementAgreementswithRelatedPartiesCurrent	94444000	usd
CY2024Q3	us-gaap	Inventory Net InventoryNet	3751000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	4432000	usd
CY2024Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	667000	usd
CY2023Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	442000	usd
CY2024Q3	us-gaap	Assets Current AssetsCurrent	241562000	usd
CY2024Q3	us-gaap	Assets Assets	1294695000	usd
CY2024Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	21364000	usd
CY2024Q3	us-gaap	Liabilities Current LiabilitiesCurrent	53291000	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	56335000	usd
CY2024Q3	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	1569000	usd
CY2023Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	1632000	usd
CY2024Q3	us-gaap	Partners Capital Including Portion Attributable To Noncontrolling Interest PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest	837814000	usd
CY2023Q4	us-gaap	Partners Capital Including Portion Attributable To Noncontrolling Interest PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest	856250000	usd
CY2024Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1294695000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1316842000	usd
	us-gaap	Revenues Revenues	845836000	usd
	us-gaap	Revenues Revenues	893518000	usd
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	525481000	usd
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	606742000	usd
	us-gaap	Gross Profit GrossProfit	320355000	usd
	us-gaap	Gross Profit GrossProfit	286776000	usd
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	21936000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	3153000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	282405000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	248176000	usd
CY2024Q3	us-gaap	Undistributed Earnings UndistributedEarnings	1525000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	298419000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	3916000	usd
CY2024Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	216000	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	24980000	usd
CY2023Q3	us-gaap	Profit Loss ProfitLoss	80853000	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	226203000	usd
CY2024Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	908992000	usd
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	21884000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	89646000	usd
CY2024Q1	us-gaap	Limited Partners Capital Account Distribution Amount LimitedPartnersCapitalAccountDistributionAmount	16607000	usd
CY2024Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	81044000	usd
	dei	Entity Address State Or Province EntityAddressStateOrProvince	TX
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	77056
	dei	City Area Code CityAreaCode	713
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	943843000	usd
CY2024Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	2347000	usd
CY2023Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	2951000	usd
CY2024Q3	us-gaap	Liabilities Liabilities	456881000	usd
CY2023Q4	us-gaap	Liabilities Liabilities	460592000	usd
CY2024Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2024Q3	us-gaap	Partners Capital PartnersCapital	277744000	usd
CY2023Q4	us-gaap	Partners Capital PartnersCapital	279934000	usd
CY2024Q3	us-gaap	Minority Interest In Limited Partnerships MinorityInterestInLimitedPartnerships	560070000	usd
CY2023Q4	us-gaap	Minority Interest In Limited Partnerships MinorityInterestInLimitedPartnerships	576316000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	264892000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	633000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	607000	usd
	us-gaap	Profit Loss ProfitLoss	281772000	usd
	us-gaap	Profit Loss ProfitLoss	247569000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	234376000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	207585000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	13206000	usd
	us-gaap	Net Income Loss NetIncomeLoss	47396000	usd
	us-gaap	Net Income Loss NetIncomeLoss	39984000	usd
CY2023Q4	us-gaap	Partners Capital Including Portion Attributable To Noncontrolling Interest PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest	856250000	usd
CY2024Q1	us-gaap	Partners Capital Including Portion Attributable To Noncontrolling Interest PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest	848245000	usd
CY2024Q2	us-gaap	Profit Loss ProfitLoss	88026000	usd
CY2024Q2	us-gaap	Stock Issued During Period Value Other StockIssuedDuringPeriodValueOther	55000	usd
CY2024Q2	us-gaap	Limited Partners Capital Account Distribution Amount LimitedPartnersCapitalAccountDistributionAmount	16607000	usd
CY2024Q2	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	84872000	usd
CY2024Q2	us-gaap	Partners Capital Including Portion Attributable To Noncontrolling Interest PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest	834847000	usd
CY2024Q3	us-gaap	Profit Loss ProfitLoss	104100000	usd
CY2024Q3	us-gaap	Stock Issued During Period Value Other StockIssuedDuringPeriodValueOther	183000	usd
CY2024Q3	us-gaap	Limited Partners Capital Account Distribution Amount LimitedPartnersCapitalAccountDistributionAmount	16610000	usd
CY2024Q3	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	84706000	usd
CY2024Q3	us-gaap	Partners Capital Including Portion Attributable To Noncontrolling Interest PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest	837814000	usd
CY2022Q4	us-gaap	Partners Capital Including Portion Attributable To Noncontrolling Interest PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest	903708000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	91452000	usd
CY2023Q1	us-gaap	Limited Partners Capital Account Distribution Amount LimitedPartnersCapitalAccountDistributionAmount	16604000	usd
CY2023Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	88678000	usd
CY2023Q1	us-gaap	Partners Capital Including Portion Attributable To Noncontrolling Interest PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest	889878000	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	75264000	usd
CY2023Q2	us-gaap	Limited Partners Capital Account Distribution Amount LimitedPartnersCapitalAccountDistributionAmount	16603000	usd
CY2023Q2	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	80581000	usd
CY2023Q2	us-gaap	Partners Capital Including Portion Attributable To Noncontrolling Interest PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest	867958000	usd
CY2023Q3	us-gaap	Profit Loss ProfitLoss	80853000	usd
CY2023Q3	us-gaap	Stock Issued During Period Value Other StockIssuedDuringPeriodValueOther	141000	usd
CY2023Q3	us-gaap	Limited Partners Capital Account Distribution Amount LimitedPartnersCapitalAccountDistributionAmount	16606000	usd
CY2023Q3	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	71074000	usd
CY2023Q3	us-gaap	Partners Capital Including Portion Attributable To Noncontrolling Interest PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest	861272000	usd
	us-gaap	Profit Loss ProfitLoss	281772000	usd
	us-gaap	Profit Loss ProfitLoss	247569000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	84421000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	81902000	usd
	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-2241000	usd
	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-4438000	usd
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	14000	usd
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	86000	usd
	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	3859000	usd
	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	1510000	usd
	us-gaap	Increase Decrease In Accounts Receivable Related Parties IncreaseDecreaseInAccountsReceivableRelatedParties	-6933000	usd
	us-gaap	Increase Decrease In Accounts Receivable Related Parties IncreaseDecreaseInAccountsReceivableRelatedParties	-26631000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-681000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-321000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	225000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	294000	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-373000	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	4772000	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-1927000	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	9553000	usd
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	17118000	usd
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	28968000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	352532000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	344328000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	35497000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	33979000	usd
	wlkp	Investmentswith Westlakeunderthe Investment Management Agreement InvestmentswithWestlakeundertheInvestmentManagementAgreement	15000000	usd
	wlkp	Investmentswith Westlakeunderthe Investment Management Agreement InvestmentswithWestlakeundertheInvestmentManagementAgreement	164116000	usd
	wlkp	Maturitiesofinvestmentswith Westlakeunderthe Investment Management Agreement MaturitiesofinvestmentswithWestlakeundertheInvestmentManagementAgreement	0	usd
	wlkp	Maturitiesofinvestmentswith Westlakeunderthe Investment Management Agreement MaturitiesofinvestmentswithWestlakeundertheInvestmentManagementAgreement	145000000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-50497000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-53095000	usd
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	163000000	usd
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	155250000	usd
	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	163000000	usd
	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	155250000	usd
	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	250622000	usd
	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	240333000	usd
	us-gaap	Distribution Made To Limited Partner Cash Distributions Paid DistributionMadeToLimitedPartnerCashDistributionsPaid	49824000	usd
	us-gaap	Distribution Made To Limited Partner Cash Distributions Paid DistributionMadeToLimitedPartnerCashDistributionsPaid	49813000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-300446000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-290146000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	1589000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	1087000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	58619000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	64782000	usd
CY2024Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	60208000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	65869000	usd
CY2024Q3	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	16358000	usd
CY2023Q4	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	15622000	usd
CY2024Q3	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	327000	usd
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	278000	usd
CY2024Q3	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	6480000	usd
CY2023Q4	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	3357000	usd
CY2024Q3	us-gaap	Receivables Net Current ReceivablesNetCurrent	22511000	usd
CY2023Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	18701000	usd
CY2024Q3	us-gaap	Inventory Finished Goods InventoryFinishedGoods	3209000	usd
CY2023Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	4147000	usd
CY2024Q3	us-gaap	Inventory Work In Process And Raw Materials InventoryWorkInProcessAndRawMaterials	542000	usd
CY2023Q4	us-gaap	Inventory Work In Process And Raw Materials InventoryWorkInProcessAndRawMaterials	285000	usd
CY2024Q3	us-gaap	Inventory Net InventoryNet	3751000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	4432000	usd
CY2024Q3	us-gaap	Depreciation Depreciation	21626000	usd
CY2023Q3	us-gaap	Depreciation Depreciation	21282000	usd
	us-gaap	Depreciation Depreciation	64993000	usd
	us-gaap	Depreciation Depreciation	63167000	usd
CY2024Q3	us-gaap	Adjustment For Amortization AdjustmentForAmortization	6486000	usd
CY2023Q3	us-gaap	Adjustment For Amortization AdjustmentForAmortization	6944000	usd
	us-gaap	Adjustment For Amortization AdjustmentForAmortization	19428000	usd
	us-gaap	Adjustment For Amortization AdjustmentForAmortization	18735000	usd
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	18136000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	13206000	usd
	us-gaap	Net Income Loss NetIncomeLoss	47396000	usd
	us-gaap	Net Income Loss NetIncomeLoss	39984000	usd
CY2023Q3	us-gaap	Undistributed Earnings UndistributedEarnings	-3401000	usd
	us-gaap	Undistributed Earnings UndistributedEarnings	-2430000	usd
	us-gaap	Undistributed Earnings UndistributedEarnings	-9830000	usd
CY2024Q3	us-gaap	Distributed Earnings DistributedEarnings	16611000	usd
CY2024Q3	us-gaap	Undistributed Earnings UndistributedEarnings	1525000	usd
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	18136000	usd
CY2024Q3	us-gaap	Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted	35235173	shares
CY2023Q3	us-gaap	Distributed Earnings DistributedEarnings	16607000	usd
CY2023Q3	us-gaap	Undistributed Earnings UndistributedEarnings	-3401000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	13206000	usd
CY2023Q3	us-gaap	Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted	35225410	shares
	us-gaap	Distributed Earnings DistributedEarnings	49826000	usd
	us-gaap	Undistributed Earnings UndistributedEarnings	-2430000	usd
	us-gaap	Net Income Loss NetIncomeLoss	47396000	usd
	us-gaap	Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted	35230961	shares
	us-gaap	Distributed Earnings DistributedEarnings	49814000	usd
	us-gaap	Undistributed Earnings UndistributedEarnings	-9830000	usd
	us-gaap	Net Income Loss NetIncomeLoss	39984000	usd
	us-gaap	Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted	35223062	shares
CY2024Q3	us-gaap	Distribution Made To Limited Partner Distributions Paid Per Unit DistributionMadeToLimitedPartnerDistributionsPaidPerUnit	0.4714
CY2023Q3	us-gaap	Distribution Made To Limited Partner Distributions Paid Per Unit DistributionMadeToLimitedPartnerDistributionsPaidPerUnit	0.4714
	us-gaap	Distribution Made To Limited Partner Distributions Paid Per Unit DistributionMadeToLimitedPartnerDistributionsPaidPerUnit	1.4142
	us-gaap	Distribution Made To Limited Partner Distributions Paid Per Unit DistributionMadeToLimitedPartnerDistributionsPaidPerUnit	1.4142
CY2018Q4	wlkp	Partners Units Maximum Aggregate Offering Amount Atm PartnersUnitsMaximumAggregateOfferingAmountATM	50000000	usd
	wlkp	Ima Partnership Earned Amount Added To Market Rate Basis Points IMAPartnershipEarnedAmountAddedToMarketRateBasisPoints	five
CY2024Q3	wlkp	Receivablesunder Investment Management Agreementswith Related Parties Current ReceivablesunderInvestmentManagementAgreementswithRelatedPartiesCurrent	109540000	usd
CY2023Q4	wlkp	Receivablesunder Investment Management Agreementswith Related Parties Current ReceivablesunderInvestmentManagementAgreementswithRelatedPartiesCurrent	94444000	usd
CY2021	wlkp	Shortfall Fees ShortfallFees	58906000	usd
	wlkp	Shortfall Fees Recovered ShortfallFeesRecovered	189000	usd
CY2024Q3	us-gaap	Longterm Debt Weighted Average Interest Rate LongtermDebtWeightedAverageInterestRate	0.072
CY2023Q4	us-gaap	Longterm Debt Weighted Average Interest Rate LongtermDebtWeightedAverageInterestRate	0.072
CY2024Q3	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	411456000	usd
CY2023Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	408110000	usd
CY2024Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	21364000	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	24980000	usd
CY2024Q3	us-gaap	Taxes Payable Current TaxesPayableCurrent	5490000	usd
CY2023Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	3033000	usd
	us-gaap	Insurance Recoveries InsuranceRecoveries	6222000	usd
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	7376000	usd
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	8262000	usd
	us-gaap	Interest Paid Net InterestPaidNet	19852000	usd
	us-gaap	Interest Paid Net InterestPaidNet	18095000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	758000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	5079000	usd
CY2024Q3	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q3	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q3	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2024Q3	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

Files In Submission

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exhibit311_20240930.htm	Edgar Link	pending
exhibit312_20240930.htm	Edgar Link	pending
exhibit321_20240930.htm	Edgar Link	pending
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wlkp-20240930_cal.xml	Edgar Link	unprocessable
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wlkp-20240930_lab.xml	Edgar Link	unprocessable
wlkp-20240930_pre.xml	Edgar Link	unprocessable
wlkp-20240930_htm.xml	Edgar Link	completed

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$WLKP
Westlake Chemical Partners LP Stock $wlkp

2024 Q4 Form 10-Q Financial Statement

#000160466524000037 Filed on November 06, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$WLKP Westlake Chemical Partners LP Stock $wlkp

2024 Q4 Form 10-Q Financial Statement

#000160466524000037 Filed on November 06, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$WLKP
Westlake Chemical Partners LP Stock $wlkp