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Last $25.32 USD
Change Today 0.00 / 0.00%
Volume 0.0
CLMT On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 8:10 PM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

calumet specialty products (CLMT) Snapshot

Open
$25.50
Previous Close
$25.91
Day High
$25.95
Day Low
$25.16
52 Week High
09/2/14 - $30.49
52 Week Low
08/24/15 - $18.26
Market Cap
1.9B
Average Volume 10 Days
359.5K
EPS TTM
$0.90
Shares Outstanding
75.8M
EX-Date
07/31/15
P/E TM
28.0x
Dividend
$2.74
Dividend Yield
10.82%
Current Stock Chart for CALUMET SPECIALTY PRODUCTS (CLMT)

calumet specialty products (CLMT) Related Businessweek News

No Related Businessweek News Found

calumet specialty products (CLMT) Details

Calumet Specialty Products Partners, L.P. produces and sells specialty hydrocarbon products in North America. It operates in three segments: Specialty Products, Fuel Products, and Oilfield Services. The Specialty Products segment offers various lubricating oils, white mineral oils, petrolatums, solvents, waxes, synthetic lubricants, and other products which are used primarily as raw material components for basic automotive, industrial, and consumer goods. The Fuel Products segment provides fuel and fuel-related products, including gasoline, diesel, jet fuel, asphalt, and heavy fuel oils, as well as resells purchased crude oil to third party customers. The Oilfield Services segment manufactures and markets drilling fluids, completion fluids, production chemicals, and solids control services to the oil and gas exploration industry. 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.

2,200 Employees
Last Reported Date: 03/2/15
Founded in 1916

calumet specialty products (CLMT) Top Compensated Officers

Chief Financial Officer of Calumet GP LLC, Ex...
Total Annual Compensation: $329.6K
Executive Vice President of Sales - Calumet G...
Total Annual Compensation: $279.1K
Compensation as of Fiscal Year 2014.

calumet specialty products (CLMT) Key Developments

Calumet Specialty Products Partners LP Presents at Goldman Sachs Power, Utilities, MLP and Pipeline Conference, Aug-11-2015

Calumet Specialty Products Partners LP Presents at Goldman Sachs Power, Utilities, MLP and Pipeline Conference, Aug-11-2015 . Venue: The Conrad New York, 102 North End Ave., New York, NY 10282, United States.

Calumet Specialty Products Partners LP Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Reiterates Capital Spending Guidance for 2015

Calumet Specialty Products Partners LP announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. The company reported net income for the quarter ended June 30, 2015 of $2.5 million, or $0.02 per limited partner unit, compared to a net loss of $8.3 million, or $0.17 per unit for the same quarter in 2014. Excluding special items, Calumet reported adjusted net income of $31.5 million, or $0.35 per diluted unit, for the second quarter 2015 compared to loss of $33.5 million or 0.53 per basic and diluted share. Adjusted EBITDA was $95.0 million for the second quarter 2015 versus $39.3 million for the prior year period. Distributable Cash Flow (DCF) for the second quarter 2015 was $73.3 million, up from negative of $15.0 million in the prior year period. Sales were $1,156.2 million compared to $1,434.9 million for the same period a year ago. Operating income was $83.7 million against operating loss of $10.3 million a year ago. Net loss before income taxes was $6.6 million against of $10.2 million a year ago. Adjusted net income available to limited was $26.7 million compared to loss of $36.7 million for the same period a year ago. EBITDA was $103.4 million against $53.9 million a year ago. For the six months period, the company reported sales of $2,174.8 million against $2,775.9 million a year ago. Operating income was $152.4 million against $25.0 million a year ago. Net income before income taxes was $12.4 million against loss of $59.8 million a year ago. Net income available to limited partners was $17.4 million or $0.23 per basic and diluted share against loss of $64.6 million or $0.93 per basic and diluted a year ago. Net cash provided operating activities was $160.0 million against net cash used in operating activities of $64.1 million a year ago. Additions to property, plant and equipment were $153.2 million against $105.5 million a year ago. EBITDA was $184.8 million against $150.3 million a year ago. Adjusted EBITDA was $219.9 million against $150.0 million a year ago. Distributable cash flow was $29.0 million against $23.9 million a year ago. Distributable cash flow was $171.9 million compared to $34.6 million for the same period a year ago. Adjusted net income was $89.6 million compared to loss of $19.6 million for the same period a year ago. Adjusted net income available to limited was $79.4 million compared to loss of $26.9 million for the same period a year ago. Limited partners' interest diluted adjusted net income per unit was $1.07 compared to $0.39 loss per unit for the same period a year ago. The company reiterates 2015 capital spending forecast. For the full year 2015, the Partnership anticipates total capital expenditures of $320.0 million to $335.0 million. Approximately $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.

Calumet Specialty Products Partners Seeks Acquisitions

Calumet Specialty Products Partners LP (NasdaqGS:CLMT) is seeking acquisitions that complement their business.

 

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CLMT

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Valuation CLMT Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.4x
Price/Book 2.3x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.0x
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