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Last $26.63 USD
Change Today -0.18 / -0.67%
Volume 360.2K
CLMT On Other Exchanges
Symbol
Exchange
Berlin
As of 5:20 PM 05/29/15 All times are local (Market data is delayed by at least 15 minutes).

calumet specialty products (CLMT) Snapshot

Open
$26.72
Previous Close
$26.81
Day High
$26.90
Day Low
$26.33
52 Week High
07/24/14 - $33.30
52 Week Low
12/16/14 - $18.66
Market Cap
2.0B
Average Volume 10 Days
221.3K
EPS TTM
$-0.01
Shares Outstanding
75.8M
EX-Date
05/1/15
P/E TM
--
Dividend
$2.74
Dividend Yield
10.29%
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 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 NAPTP 2015 MLP Investor Conference, May-22-2015 08:00 AM

Calumet Specialty Products Partners LP Presents at NAPTP 2015 MLP Investor Conference, May-22-2015 08:00 AM. Venue: Hyatt Regency, Orlando, Florida, United States. Speakers: R. Patrick Murray, Chief Financial Officer of Calumet GP LLC, Executive Vice President of Calumet GP LLC and Secretary of Calumet GP LLC.

Calumet Specialty Products Partners LP Presents at Morgan Stanley Refining Corporate Access Day, May-14-2015

Calumet Specialty Products Partners LP Presents at Morgan Stanley Refining Corporate Access Day, May-14-2015 . Venue: Morgan Stanley Headquarters, New York, New York, United States.

Calumet Specialty Products Partners, L.P. Reports Unaudited Consolidated Earnings and Operating Results for the Quarter Ended March 31, 2015; Provides Capital Expenditures Guidance for the Year 2015

Calumet Specialty Products Partners, L.P. reported unaudited consolidated earnings and operating results for the quarter ended March 31, 2015. The company reported net income for the quarter ended March 31, 2015 of $23.8 million, or $0.27 per diluted unit, compared to a net loss of $49.8 million, or $0.76 per diluted unit for the same quarter in 2014. Excluding special items, the company reported adjusted net income of $58.1 million, or $0.74 per diluted unit, against an adjusted net loss of $75.7 million, or $1.12 per diluted unit, for the first quarter 2014. First quarter 2015 adjusted net income excludes three special items: a charge related to a lower of cost or market inventory adjustment of $13.2 million; a $6.8 million gain on the early settlement of select 2015 crack spread derivative contracts; and $27.9 million of unrealized derivative losses. The company reported adjusted EBITDA of $124.9 million against $82.7 million for the prior year period. Distributable cash flow (DCF) was $94.1 million, compared to $49.4 million in the prior year period. The year over year improvement was primarily driven by higher gross profit in the fuels product segment. Sales were $1,018.6 million, compared to $1,341.0 million in the prior year period. Operating income was $68.7 million, compared to $35.3 million in the prior year period. Net income before income taxes was $19.0 million, compared net loss before income taxes of $49.6 million in the prior year period. Net income available to limited partners was $19.1 million, compared net loss available to limited partners of $52.6 million in the prior year period. Net cash provided by operating activities was $89.4 million, compared $39.6 million in the prior year period. Additions to property, plant and equipment was $74.1 million, compared $46.3 million in the prior year period. EBITDA was $81.4 million, compared $96.4 million in the prior year period. Capital expenditures totaled $110.4 million. For the quarter, total sales volume was 121,444 bpd against 117,478 bpd in the prior year period. The company total production was 26,079 bpd against 24,594 bpd in the prior year period. Total facility production was 121,020 bpd against 111,172 bpd in the prior year period. 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.

 

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CLMT

Industry Average

Valuation CLMT Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.3x
Price/Book 2.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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