net income good of $XXX $XX on Thank press earnings In everyone. of we for reported morning, and you, morning's per $XX million income the million million consolidated the including $X.XX Albert, unit. quarter release, net per was or The sales $XX Partners' distributable this OpCo's XXXX. consolidated million XXXX flow had unit. $X.XX fourth partnership or cash for Westlake quarter of fourth quarter
fourth quarter of $XX million cash Fourth for partnership distributable Partners quarter income by quarter compared Westlake $XX $X fourth increased XXXX of million for flow flow. million. of $X million to net XXXX $XX net XXXX million income fourth Distributable from of XXXX cash increased quarter the
net production higher income and cash was XXXX due interest to $XX in in quarter on million X.X% partnership's XXXX net net The sales. both in third-party distributable attributable $XX of fourth net income of $X increase was increased at The increase third flow income from OpCo. quarter the OpCo ownership increase primarily income to margins and million. of higher The million
$XX capital third cash quarter million from distributable flow distributable $XX from of resulting flow spending. quarter of decreased cash higher Fourth $X million XXXX XXXX million maintenance
by million. the MLP income the OpCo interest For cash record expenditures. capital ownership at sales third-party million net cash of of of in partially record distributable $XX in had by $XX higher production XXXX net maintenance higher distributable flow and was margins income and and record increase XX-months offset performance of OpCo, partnership The the driven record flow
long-term to maximize rates. incentivizes protects from to sales for short our the be increase derivative ethylene and also with ethylene from associated is opportunities is flows that sales look sales us agreement benefit XX% cash continue Westlake with volatility for we This partnership's business. take-or-pay operating to and ethylene mentioned, Albert who agreement This production. As Chemical margin agreement the their can ethylene of the capacity
fourth Turning million our our flows. cash throughout investment Westlake from attention invested The we generated the of invested in a and $XXX management through cash end quarter $XX quarter, agreement the cash had and the management the the sheet of consolidated to operations Chemical with balance cash $XXX balance million includes for in expenditures. cash the through million. agreement of At investment reserve turnaround
the the held $XXX Long-term at $XX the $XXX of end million million was debt at at and was OpCo. of million which partnership quarter
For the of million $XX quarter spent OpCo fourth XXXX capital expenditures. in
debt-to-cap and we with metrics maintained For below leverage the consolidated below a leverage ratio XXXX, XX%. net quarter a ratio strong fourth X of times
turnaround days. unit, ethylene The occur to could a September for planning our outage of approximately XX in turnaround are associated X Petro last expected We and is which later. or
you Westlake been we in the our Chemical we We cost has charge later finalize will has plan. the as and The amount turnaround for to this year reserved update included in been turnaround for.
a will XX, unitholders X, be unitholders on XXXX, we of paid to of January XXXX On record quarterly February unit. to February This announced distribution distribution XX, $X.XXXX per XXXX.
closing turn I'll Now, the Albert Albert? some to over to comments. call back make
