Westlake Chemical Partners LP

Westlake Chemical Partners reported second-quarter net income of $14 million, or $0.40 per unit, matching its first-quarter result. Distributable cash flow rose to $18 million, or $0.50 per unit, supported by higher production and sales volumes. The partnership declared a quarterly distribution of $0.4714 per unit, marking its 48th consecutive payout without a reduction, and its trailing 12-month distribution coverage improved to 1.04 times. The partnership also extended its revolving credit agreements through 2031 at a lower interest rate and is evaluating growth through higher OpCo ownership, acquisitions, facility expansions, or a higher fixed margin under its Ethylene Sales Agreement.

Several companies announced dividend declarations. Kimberly-Clark declared a regular quarterly dividend of $1.28 per share, payable on October 2, 2026 to stockholders of record on September 4, 2026. Westlake Chemical Partners declared a distribution of $0.4714 per unit, its 48th quarterly distribution since its initial public offering, payable on August 28, 2026 to unit holders of record on August 13, 2026. Eagle Materials declared a quarterly cash dividend of $0.25 per share, payable on October 13, 2026 to stockholders of record on September 14, 2026. Robert Half declared a quarterly cash dividend of $0.59 per share, payable on September 15, 2026 to shareholders of record on August 25, 2026. Western Union declared a quarterly cash dividend of $0.235 per common share, payable on September 30, 2026 to stockholders of record on September 16, 2026. Northern Oil and Gas declared a cash dividend of $0.45 per share, equal to the prior quarterly dividend, payable on October 30, 2026 to stockholders of record on September 29, 2026.

Westlake Chemical Partners LP declared a distribution of $0.4714 per unit, marking its 48th quarterly distribution since its initial public offering. The distribution will be payable on August 28, 2026, to unit holders of record on August 13, 2026. The partnership, headquartered in Houston, owns a 22.8% interest in Westlake Chemical OpCo LP, whose assets include three ethylene production facilities in Calvert City, Kentucky, and Lake Charles, Louisiana, and an ethylene pipeline.