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Westlake Chemical Partners WLKP Minority Interest In Limited Partnerships
Minority Interest In Limited Partnerships at other companies
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Where this comes from
Reported directly by Westlake Chemical Partners in its filing.
Tagged under the XBRL concept us-gaap:MinorityInterestInLimitedPartnerships.
The source filing: Westlake Chemical Partners’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 2:27 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001604665-26-000027
| Line item | June 30,2026 | December 31,2025 |
|---|---|---|
| EQUITY | ||
| Common unitholders—publicly and privately held (21,123,649 and 21,123,649 units issued and outstanding at June 30, 2026 and December 31, 2025, respectively) | 457,957 | 460,848 |
| Common unitholder—Westlake (14,122,230 and 14,122,230 units issued and outstanding at June 30, 2026 and December 31, 2025, respectively) | 38,328 | 40,260 |
| General partner—Westlake | (242,572) | (242,572) |
| Total Westlake Chemical Partners LP partners' capital | 253,713 | 258,536 |
| Noncontrolling interest in Westlake Chemical OpCo LP ("OpCo") | 515,700 | 543,816 |
| Total equity | 769,413 | 802,352 |
| Total liabilities and equity | $1,217,348 | $1,256,533 |
Item 1. Financial Statements
FAQ
- What is Westlake Chemical Partners's minority interest in limited partnerships?
- Westlake Chemical Partners (WLKP) reported minority interest in limited partnerships of $515.7M in Q2 2026.
- How has Westlake Chemical Partners's minority interest in limited partnerships changed year-over-year?
- Westlake Chemical Partners's minority interest in limited partnerships decreased by 9.3% year-over-year, from $568.75M to $515.7M.
- What is the long-term trend for Westlake Chemical Partners's minority interest in limited partnerships?
- Over 5 years (2020 to 2025), Westlake Chemical Partners's minority interest in limited partnerships has grown at a -3.1% compound annual growth rate (CAGR), from $637.74M to $543.82M.
- What does minority interest in limited partnerships mean?
- This represents the portion of equity in a subsidiary or consolidated entity that is owned by third-party investors rather than the parent partnership. It reflects the non-controlling interest's share of the net assets and earnings of the consolidated operations. Analyzing this figure is necessary to distinguish between the parent's equity and the claims held by external stakeholders in the partnership's consolidated ventures.
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