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Last C$18.33 CAD
Change Today +0.07 / 0.38%
Volume 147.9K
CHE-U On Other Exchanges
Symbol
Exchange
OTC US
Toronto
As of 4:00 PM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

chemtrade logistics incom fd (CHE-U) Snapshot

Open
C$18.32
Previous Close
C$18.26
Day High
C$18.64
Day Low
C$18.12
52 Week High
04/20/15 - C$22.33
52 Week Low
08/24/15 - C$16.55
Market Cap
1.3B
Average Volume 10 Days
291.3K
EPS TTM
C$-0.30
Shares Outstanding
68.3M
EX-Date
08/27/15
P/E TM
--
Dividend
C$1.20
Dividend Yield
6.55%
Current Stock Chart for CHEMTRADE LOGISTICS INCOM FD (CHE-U)

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chemtrade logistics incom fd (CHE-U) Details

Chemtrade Logistics Income Fund provides industrial chemicals and services primarily in Canada, the United States, and Europe. Its Sulphur Products & Performance Chemicals segment manufactures and supplies sulphuric acid, merchant acid, regen acid, ultra pure acid, liquid sulphur dioxide, sulphur, sodium hydrosulphite, sodium bisulphite, and sulphur for use in various industries, including pulp and paper, refineries, chemicals manufacturing, textiles, kaolin clay, water treatment, mining, and semi-conductor production. This segment also offers processing services for ammonium sulphate. The Water Solutions and Specialty Chemicals segment manufactures and markets inorganic coagulants used in water treatment, including aluminum sulphate, aluminum chlorohydrate, polyaluminum chloride, ferric sulphate, and others; and various specialty chemicals, such as sodium nitrite, potassium chloride, sodium chlorate, phosphorus pentasulphide, vaccine adjuvants, and sulphides, as well as crude tall oil, hydrogen, carbon disulphide, and hydrogen sulphide. The International segment is involved in the removal, marketing, trading, distribution, and storage of sulphuric acid and sulphur from producers, including petroleum refineries, non-ferrous smelters, and other industrial facilities outside North America, as well as in the handling and storage of sulphuric acid, liquid sulphur, and caustic soda. The company was founded in 2001 and is headquartered in Toronto, Canada.

1,200 Employees
Last Reported Date: 02/19/15
Founded in 2001

chemtrade logistics incom fd (CHE-U) Top Compensated Officers

Chief Executive Officer, President, Trustee, ...
Total Annual Compensation: C$729.2K
Chief Financial Officer, Vice President of Fi...
Total Annual Compensation: C$352.5K
Vice-President of Human Resources
Total Annual Compensation: C$256.7K
Group Vice President
Total Annual Compensation: C$304.3K
Vice President
Total Annual Compensation: C$299.8K
Compensation as of Fiscal Year 2014.

chemtrade logistics incom fd (CHE-U) Key Developments

Chemtrade Logistics Income Fund Declares Cash Distribution for the Month of August 2015, Payable on September 30, 2015

Chemtrade Logistics Income Fund announced that it has declared a cash distribution of $0.10 per unit for the month of August 2015 payable on September 30, 2015 to unitholders of record at the close of business on August 31, 2015.

Chemtrade Logistics Income Fund Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Maintenance Capital Expenditures Guidance for the Year 2015

Chemtrade Logistics Income Fund announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenue from continuing operations of $338.8 million compared with $310.1 million a year ago. Net earnings were $22.988 million or $0.25 per diluted unit compared with $40.873 million or $0.62 per diluted unit a year ago. Net earnings from continuing operations were $22.988 million or $0.25 per diluted unit compared with $18.209 million or $0.30 per basic and diluted unit a year ago. Adjusted EBITDA from continuing operations was $58.689 million or $0.85 per unit compared with $54.714 million or $0.91 per unit a year ago. Cash flows from operating activities was $46.036 million or $0.67 per unit compared with $32.264 million or $0.54 per unit a year ago. Adjusted cash flows from operating activities was $46.973 million or $0.68 per unit compared with $44.603 million or $0.74 per unit a year ago. Distributable cash after maintenance capital expenditures were $38.769 million or $0.56 per unit compared with $37.320 million or $0.62 per unit a year ago. Non-maintenance capital expenditure was $2.539 million compared with $3.655 million a year ago. Higher Adjusted EBITDA and lower net finance costs during 2015 were partially offset by lower unrealized foreign exchange gains and higher levels of depreciation and amortization compared with 2014. Capital expenditures were $10.7 million in the second quarter of 2015, compared with $10.9 million a year ago. The primary reason for the revenue increase was the positive impact of the stronger U.S. dollar on U.S. dollar denominated revenues. EBITDA for the quarter of $58.7 million, which is an improvement of $4 million over the second quarter of last year. Maintenance CapEx for the second quarter were $8.2 million, which was about $1 million higher than the second quarter last year. For the six months, the company reported revenue from continuing operations of $664.797 million compared with $576.155 million a year ago. Net earnings were $14.033 million or $0.20 per basic and diluted unit compared with $19.320 million or $0.33 per basic and diluted unit a year ago. Net earnings from continuing operations were $14.033 million or $0.20 per basic and diluted unit compared with net loss from continuing operations of $4.782 million or $0.08 per basic and diluted unit a year ago. Adjusted EBITDA from continuing operations was $116.772 million or $1.70 per unit compared with $78.522 million or $1.36 per unit a year ago. Cash flows from operating activities were $25.710 million or $0.37 per unit compared with cash flows used in operating activities of $10.204 million or $0.18 per unit a year ago. Adjusted cash flows from operating activities was $92.388 million or $1.34 per unit compared with $62.559 million or $1.08 per unit a year ago. Distributable cash after maintenance capital expenditures were $80.474 million or $1.17 per unit compared with $51.615 million or $0.89 per unit a year ago. Non-maintenance capital expenditure was $5.477 million compared with $5.989 million a year ago. The improvement in cash flow from operating activities in the first half of 2015 is primarily due to increased operating cash flows from the General Chemical businesses and lower acquisition related costs, partially offset by higher income taxes paid. Investment in capital expenditures was $17.4 million for the first six months of 2015, compared with $16.9 million in the first six months of 2014. Investment in non-maintenance capital expenditures was $5.5 million during the first six months of 2015 compared with $6.0 million during the first six months of 2014. EBITDA was $116.8 million. Maintenance CapEx was $11.9 million. The company expects to incur between $45.0 million and $50.0 million of maintenance capital expenditures in 2015.

Chemtrade Logistics Income Fund Declares July 2015 Distribution, Payable on August 31, 2015

Chemtrade Logistics Income Fund announced that it has declared a cash distribution of $0.10 per unit for the month of July 2015 payable on August 31, 2015 to unitholders of record at the close of business on July 31, 2015.

 

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CHE-U

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Valuation CHE-U Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.9x
Price/Book 1.3x
Price/Cash Flow 72.2x
TEV/Sales 0.2x
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