WLKP Q2 2023 Earnings — Westlake Chemical Partners LP Revenue & Financial Results | Market Cap Arena

WLKPWestlake Chemical Partners LP

$780M

Q2 2023 Earnings

Basic Materials Chemicals

Income Statement

Revenue

$264M-41.1% YoY

Gross Profit

$88M33.2% margin

Operating Income

$80M30.5% margin

Net Income

$12M4.5% margin

EPS (Diluted)

$0.34

QoQ Revenue Growth

-14.1%

Cash Flow

Operating Cash Flow

$99M

Free Cash Flow

$94M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$468M

Stockholders' Equity

$528M

Cash & Equivalents

$59M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$264M	$449M	-41.1%
Gross Profit	$88M	$97M	-9.8%
Operating Income	$80M	$87M	-7.9%
Net Income	$12M	$16M	-27.7%