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Westlake Chemical Partners LP (WLKP) CEO Albert Chao on Q1 2022 Results - Earnings Call Transcript

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Westlake Chemical Partners LP (NYSE:WLKP) Q1 2022 Earnings Conference Call May 3, 2022 1:00 PM ET

Company Participants

Jeff Holy - Vice President and Treasurer

Albert Chao - President and Chief Executive Officer

Steve Bender - Executive Vice President and Chief Financial Officer

Conference Call Participants

Matthew Blair - Tudor, Pickering, Holt


Good afternoon. Thank you for standing by, and welcome to the Westlake Chemical Partners First Quarter 2022 Earnings Conference Call. During the presentation, all participants will be in a listen-only mode. After the speakers' remarks, you will be invited to participate in a question-and-answer session. As a reminder, this conference is being recorded today, May 3, 2022.

I would now like to turn the call over to today's host, Jeff Holy, Westlake Chemical Partners Vice President and Treasurer. Sir, you may begin.

Jeff Holy

Thank you. Good afternoon, everyone, and welcome to the Westlake Chemical Partners First Quarter 2022 Conference Call. I'm joined today by Albert Chao, our President and CEO; Steve Bender, our Executive Vice President and CFO; and other members of our management team.

During this call, we refer to ourselves as Westlake Partners or the Partnership. References to Westlake refer to a parent company, Westlake Corporation, and references to OpCo refer to Westlake Chemical OpCo LP, a subsidiary of Westlake and the Partnership which owns certain olefins assets. Additionally, when we refer to distributable cash flow, we are referring to Westlake Chemical Partners' MLP distributable cash flow. Definitions of these terms are available on the Partnership's website. Today, management is going to discuss certain topics that will contain forward-looking information that is based on management's beliefs as well as assumptions made by and information currently available to management. These forward-looking statements suggest predictions or expectations and thus are subject to risks or uncertainties. We encourage you to learn more about the factors that could lead our actual results

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