HOUSTON (AP) — Westlake Chemical Partners LP (WLKP) on Tuesday reported fourth-quarter profit of $15 million.

The Houston-based company said it had net income of 43 cents per share.

The ethylene producer posted revenue of $245.7 million in the period.

For the year, the company reported profit of $66.2 million, or $1.88 per share. Revenue was reported as $966.7 million.

Westlake Chemical Partners shares have dropped slightly since the beginning of the year. The stock has increased 3% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WLKP at https://www.zacks.com/ap/WLKP

Copyright by Automated Insights, Inc. All rights reserved.

Recommended for you

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.