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… coverage ratio was primarily due to lower production and sales volume. First quarter 2024 net income attributable to … allowed us to opportunistically increase our third-party sales volume," said Albert Chao, President and Chief Executive Officer. "We are constructive on our outlook for …
… quarter 2023 net income of $11.9 million due to increased sales volume as a result of the completion of the Calvert … cash flows remain stable and predictable, supported by our sales agreement with Westlake that delivers a fixed margin on … of our production," said Albert Chao, President and Chief Executive Officer. "While the Partnership's coverage ratio …
… partially offset by lower margins on third party ethylene sales and higher interest expense. Cash flows from operating … our market position and the protective provisions of our sales agreement with Westlake. We are well positioned to … of our production," said Albert Chao, President and Chief Executive Officer. "As we look ahead to 2023, we remain …
… Westlake Chemical OpCo LP ("OpCo") and higher third party sales margins. Cash flows from operating activities in the … in the first quarter of 2020. The long-term ethylene sales agreement we have with Westlake Chemical provided … to the Partnership," said Albert Chao, President and Chief Executive Officer. "With the outbreak of COVID-19, our first …
… to the Partnership was primarily due to strong third-party sales margins and benefited from a buyer deficiency fee as … solid coverage. The provisions in our long-term Ethylene Sales Agreement with Westlake insulate our earnings and cash … volatility," said Albert Chao, President and Chief Executive Officer. "As we look into 2022, we are excited …
… The decrease in net income was a result of reduced sales to Westlake attributable to a buyer deficiency fee from … to lower production at OpCo and lower third-party sales. Additionally, second quarter 2021 net income … for ethylene," said Albert Chao, President and Chief Executive Officer. "As we look ahead we are seeing sustained …
… to benefit from robust production levels paired with our sales agreement with Westlake that delivers a fixed margin on … of our production," said Albert Chao, President and Chief Executive Officer. "As we look to the remainder of 2023, we … for the first quarter of 2023. OpCo's Ethylene Sales Agreement with Westlake is designed to provide for …
… (NYSE: WLK), today announced net income, EBITDA, net sales and earnings per share guidance for its second quarter … projected between $340 million to $363 million, on net sales of $2.1 billion to $2.2 billion, and diluted earnings … second quarter. In the second quarter, while Westlake’s average margin increased from the margin realized during the …
… Mr. Chao has been our Executive Chairman of the Board since July 2024 and a … and, from July 2004 to July 2024, he served as our Chief Executive Officer. In addition, Mr. Chao has been a director … Partners LP, since its formation in March 2014, its Executive Chairman of the Board since July 2024 and served as …
… Mr. Chao has been our Executive Chairman of the Board since July 2024 and a … and, from July 2004 to July 2024, he served as our Chief Executive Officer. In addition, Mr. Chao has been a director … Partners LP, since its formation in March 2014, its Executive Chairman of the Board since July 2024 and served as …