Last $27.84 USD
Change Today -0.01 / -0.04%
Volume 728.3K
CLMT On Other Exchanges
Symbol
Exchange
Berlin
As of 8:10 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

calumet specialty products (CLMT) Snapshot

Open
$28.14
Previous Close
$27.85
Day High
$28.50
Day Low
$27.03
52 Week High
07/24/14 - $33.30
52 Week Low
12/16/14 - $18.66
Market Cap
1.9B
Average Volume 10 Days
277.3K
EPS TTM
$-0.18
Shares Outstanding
69.5M
EX-Date
01/30/15
P/E TM
--
Dividend
$2.74
Dividend Yield
9.84%
Current Stock Chart for CALUMET SPECIALTY PRODUCTS (CLMT)

calumet specialty products (CLMT) Related Businessweek News

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calumet specialty products (CLMT) Details

Calumet Specialty Products Partners, L.P. produces and sells specialty hydrocarbon products in North America. It operates in two segments, Specialty Products and Fuel Products. The company is engaged in the production and marketing of crude oil-based specialty products, including lubricating oils, white mineral oils, solvents, petrolatums, and waxes; and fuel and fuel-related products, such as gasoline, diesel, jet fuel, asphalt, and heavy fuel oils, as well as resells purchased crude oil to third party customers. Its specialty products are used in various industrial goods, such as metalworking fluids, belts, hoses, sealing systems, batteries, hot melt adhesives, pressure sensitive tapes, electrical transformers, refrigeration compressors, and drilling fluids; consumer goods, including candles, petroleum jellies, creams, tonics, lotions, paper cups, chewing gum base, automotive aftermarket car-care products, lamp oils, charcoal lighter fluids, camping fuel, and various aerosol products; and automotive goods, such as motor oils, greases, transmission fluids, and tires. Calumet GP, LLC serves as the general partner for Calumet Specialty Products Partners, L.P. The company was founded in 1916 and is headquartered in Indianapolis, Indiana.

1,420 Employees
Last Reported Date: 03/3/14
Founded in 1916

calumet specialty products (CLMT) Top Compensated Officers

Vice Chairman of Calumet GP LLC, Chief Execut...
Total Annual Compensation: $428.3K
Chief Financial Officer of Calumet GP LLC, Ex...
Total Annual Compensation: $320.0K
Executive Vice President of Strategy & Develo...
Total Annual Compensation: $350.0K
Executive Vice President of Operations at Cal...
Total Annual Compensation: $300.0K
Compensation as of Fiscal Year 2013.

calumet specialty products (CLMT) Key Developments

Calumet Specialty Products Partners LP Reports Unaudited Consolidated Operating and Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Capital Expenditure Guidance for the Year 2015; Announces Asset Impairment for the Fourth Quarter of 2014

Calumet Specialty Products Partners LP reported unaudited consolidated operating and earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported sales of $1,339.4 million against $1,243.1 million a year ago. Operating loss was $39.6 million against operating income was $28.9 million a year ago. Loss before income taxes was $64.7 million against $15.6 million a year ago. Net loss available to limited partners was $66.2 million or $0.995 per basic and diluted share against $19.0 million or $0.27 per basic and diluted share a year ago. EBITDA was $0.4 million against $51.7 million a year ago. Adjusted EBITDA was $76.4 million against $53.2 million a year ago. Adjusted net income was $65.5 million or $0.86 per basic and diluted share compared with adjusted net loss of $20.1 million or $0.34 per basic and diluted share a year ago. For the full year, the company reported sales of $5,791.1 million against $5,421.4 million a year ago. Operating income was $46.8 million against $91.6 million a year ago. Loss before income taxes was $113.0 million against income before income taxes was $3.9 million a year ago. Net loss available to limited partners was $125.4 million or $1.80 per diluted share against $11.5 million or $0.17 per diluted share a year ago. EBITDA was $226.3 million against $233.1 million a year ago. Adjusted EBITDA was $305.9 million against $241.5 million a year ago. Net cash provided by operating activities was $226.8 million against $39.1 million a year ago. Additions to property, plant and equipment was $289.9 million against $160.8 million a year ago. Adjusted net loss of $4.5 million compared with $18.0 million a year ago. Basic and diluted net loss per share was $0.28 compared with $0.48 a year ago. For the quarter, the company’s total facility production was 117,973 bpd compared to 102,935 bpd a year ago. For the year, the company’s total facility production was 114,146 bpd compared to 106,592 bpd a year ago. For the full year 2015, the Partnership anticipates total capital expenditures of $285.0 million to $335.0 million. Approximately $210.0 million to $245.0 million of the total 2015 capital spending plan is allocated toward organic growth projects. The 2015 capital spending plan also includes an estimated $60.0 million to $70.0 million in replacement and environmental capital expenditures and approximately $15.0 million to $20.0 million allocated to turnaround costs. Importantly, as the organic growth project campaign winds down during the next 12 months, the company anticipate significantly lower capital expenditures as company transition into the 2016 and 2017 time frame. The company announced fourth quarter asset impairment of $36.0 million.

Calumet Specialty Products Partners LP to Report Q4, 2014 Results on Feb 27, 2015

Calumet Specialty Products Partners LP announced that they will report Q4, 2014 results at 1:00 PM, US Eastern Standard Time on Feb 27, 2015

Calumet Specialty Products Partners LP, Q4 2014 Earnings Call, Feb 27, 2015

Calumet Specialty Products Partners LP, Q4 2014 Earnings Call, Feb 27, 2015

 

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