Calumet Specialty Products (CLMT) 27.61 $CLMT
Now Is the Time to Buy This Fast Growing Refiner
Adam Galas, The Motley Fool - Motley Fool - Wed Apr 16, 12:03PM CDT
The energy industry has always been a cyclical one. For patient investors this can serve as a catalyst for long-term, market-beating returns. One need but wait for a cyclical industry bottom to purchase shares of quality companies and ride the...
American Capital Divests ADF Holdings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Apr 03, 3:50PM CDT
American Capital, Ltd. (ACAS) is continuing with its divestitures.
American Capital Receives $33 Million from the Sale of ADF Holdings, Inc.
PR Newswire - Wed Apr 02, 8:23AM CDT
American Capital, Ltd. (Nasdaq: ACAS) ("American Capital"
announced today that it has sold its interest in ADF Holdings, Inc., the parent company of Anchor Drilling Fluids USA, Inc. (collectively, "Anchor" or the "Company", to Calumet Specialty Products Partners, L.P. (Nasdaq: CLMT), a leading independent producer of specialty hydrocarbon and fuel products. American Capital received $33 million in debt and equity proceeds from the transaction, subject to post-closing adjustments.
A Beaten Down MLP With a Safe 11% Yield
Adam Galas, The Motley Fool - Motley Fool - Fri Mar 28, 10:38AM CDT
One reason investors like the energy sector is high yields. Some of the highest yields come from master limited partnerships (MLPs), which pay out the vast majority of their profits to unitholders in the form of distributions. Investors usually must...
Can These 3 Refiners Maintain Their Jaw-Dropping Dividend Yields?
Tyler Crowe, The Motley Fool - Motley Fool - Thu Mar 27, 12:05PM CDT
It's not very often that you come across a company like Calumet Specialty Products Partners , whose dividend yields 10.7%, and whenever you do, there is a certain amount of skepticism whether that kind of yield is a fluke. What is surprising,...
Calumet Specialty Products Partners, L.P. Announces Pricing of $900 Million Upsized Private Placement of 6.5% Senior Notes due 2021
PR Newswire - Wed Mar 26, 3:26PM CDT
Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet" and its wholly owned subsidiary Calumet Finance Corp. announced today the pricing of their private placement to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the "Securities Act", of $900 million in aggregate principal amount of 6.5% senior unsecured notes due 2021 (the "2021 Notes". The 2021 Notes will mature on April 15, 2021 and will be issued at par. This private placement is expected to close on March 31, 2014, subject to customary closing conditions. The offering was upsized to $900 million in aggregate principal amount of 2021 Notes from the original offering size of $850 million in aggregate principal amount of 2021 Notes.
Calumet Specialty Products Partners, L.P. Announces $850 Million Private Offering of Senior Notes due 2021
PR Newswire - Wed Mar 26, 6:42AM CDT
Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet" and its wholly owned subsidiary Calumet Finance Corp. announced today that, subject to market conditions, they intend to offer for sale to eligible purchasers, in a private placement under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the "Securities Act", $850 million in aggregate principal amount of senior unsecured notes due 2021 (the "2021 Notes".
Calumet Specialty Products Partners, L.P. to Acquire Anchor Drilling Fluids USA, Inc.
PR Newswire - Wed Mar 26, 6:41AM CDT
Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet" or the "Partnership" a leading independent producer of specialty hydrocarbon and fuel products, today announced that it has entered into a definitive agreement to acquire ADF Holdings, Inc., the parent company of Tulsa, Oklahoma-based Anchor Drilling Fluids USA, Inc. ("Anchor" on a debt-free basis for total cash consideration of approximately $235 million, subject to customary purchase price adjustments. Calumet expects to close the acquisition of Anchor by March 31, 2014, subject to customary closing conditions.
Calumet Specialty Products Partners, L.P. To Attend The Howard Weil 42nd Annual Energy Conference
PR Newswire - Thu Mar 20, 3:30PM CDT
Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT), a leading independent producer of specialty hydrocarbon and fuels products, today announced that members of management will attend the Howard Weil 42nd Annual Energy Conference at the Roosevelt Hotel in New Orleans on March 24, 2014.
11.5% Return Seen to Date on SmarTrend Calumet Specialty Products Call (CLMT)
Comtex SmarTrend(R) - Fri Mar 14, 9:58AM CDT
SmarTrend identified a Downtrend for Calumet Specialty Products (NASDAQ:CLMT) on February 4th, 2014 at $28.00. In approximately 1 month, Calumet Specialty Products has returned 11.54% as of today's recent price of $24.77.
Calumet Specialty Products Partners, L.P. To License the VOLTESSO(TM) Oil Brand From Imperial Oil
PR Newswire - Mon Mar 10, 3:15PM CDT
Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet" or the "Partnership", a leading independent producer of specialty hydrocarbon and fuels products, today announced a licensing agreement with Imperial Oil Limited ("Imperial" through which Calumet will produce, market and sell bulk transformer insulating oil into the Canadian market under the VOLTESSO(TM) brand of products.
Calumet Specialty Products Partners, L.P. Acquires United Petroleum Company
PR Newswire - Fri Feb 28, 2:20PM CST
Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet" or the "Partnership" a leading independent producer of specialty hydrocarbon and fuel products, today announced that it acquired United Petroleum Company ("United", a wholesale supplier and distributor of premium motor oils, coolants and greases. Financial terms of the transaction were not disclosed.
Calumet Specialty Products Partners, L.P. To Attend Upcoming Investor Conferences
PR Newswire - Thu Feb 20, 3:15PM CST
Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT), a leading independent producer of specialty hydrocarbon and fuels products, today announced that members of management will attend the following upcoming investor conferences:
Calumet Specialty Products Partners, L.P. Reports Fourth Quarter and Annual 2013 Results
PR Newswire - Wed Feb 19, 6:00AM CST
Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership," the "Company," "Calumet," "we," "our" or "us", a leading independent producer of specialty hydrocarbon and fuel products, reported a net loss for the fourth quarter ended December 31, 2013 of $15.5 million, or $(0.27) per diluted unit, compared to net income of $45.7 million, or $0.73 per diluted unit for the same quarter in 2012. Fourth quarter 2013 results include $2.8 million of noncash unrealized derivative gains compared to $7.5 million of noncash unrealized derivative gains in the prior year period. For the full year 2013, the Partnership reported net income of $3.5 million, or $(0.17) per diluted unit, on Adjusted EBITDA (as defined below in the section of this press release titled "Non-GAAP Financial Measures" of $241.5 million. Adjusted EBITDA was $53.2 million for the fourth quarter 2013, as compared to $91.3 million in the prior year period.
Buy-Rated Dividend Stocks In The Top 3: SLRC, NMM, CLMT
at The Street - Mon Feb 10, 9:30AM CST
These 3 dividend stocks are rated a Buy by TheStreet
Calumet Specialty Products Partners LP leases Asphalt Terminal, expanding distribution of asphalt products into new Mid-Continent markets
M2 - Wed Feb 05, 8:17AM CST
Hydrocarbon products company Calumet Specialty Products Partners LP (NasdaqGS:CLMT) reported on Tuesday the launch of a multi-year lease agreement with Frontier Terminal LLC .
Calumet Specialty Products Partners, L.P. Announces Multi-Year Agreement To Lease Oklahoma-Based Asphalt Terminal
PR Newswire - Tue Feb 04, 3:30PM CST
Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet" or the "Partnership", a leading independent producer of specialty hydrocarbon and fuels products, today announced a multi-year agreement with Frontier Terminal, LLC ("Frontier" to lease a 348,000 barrel liquid asphalt distribution terminal in Muskogee, Oklahoma ("Muskogee Terminal". The agreement became effective on January 1, 2014.
Zacks Rank #5 Additions for Tuesday - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Feb 04, 8:30AM CST
Here are 5 stocks added to the Zacks Rank #5 (strong sell) List for Tuesday
4 With Upcoming Ex-Dividend Dates: KNOP, NGL, CLMT, HAS
at The Street - Thu Jan 30, 9:00AM CST
KNOP NGL CLMT HAS are going ex-dividend tomorrow, Friday, Jan. 31, 2014, 5:00 AM ET
Phillips 66 Beats Earnings Ests, Lags Y/Y - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jan 29, 9:35AM CST
Phillips 66 posted adjusted fourth-quarter 2013 earnings of $1.34 per share, beating the Zacks Consensus Estimate of $1.0 by 34%.
Now Is the Time to Buy This Fast Growing Refiner
Adam Galas, The Motley Fool - Motley Fool - Wed Apr 16, 12:03PM CDT
The energy industry has always been a cyclical one. For patient investors this can serve as a catalyst for long-term, market-beating returns. One need but wait for a cyclical industry bottom to purchase shares of quality companies and ride the...
American Capital Divests ADF Holdings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Apr 03, 3:50PM CDT
American Capital, Ltd. (ACAS) is continuing with its divestitures.
American Capital Receives $33 Million from the Sale of ADF Holdings, Inc.
PR Newswire - Wed Apr 02, 8:23AM CDT
American Capital, Ltd. (Nasdaq: ACAS) ("American Capital"
announced today that it has sold its interest in ADF Holdings, Inc., the parent company of Anchor Drilling Fluids USA, Inc. (collectively, "Anchor" or the "Company", to Calumet Specialty Products Partners, L.P. (Nasdaq: CLMT), a leading independent producer of specialty hydrocarbon and fuel products. American Capital received $33 million in debt and equity proceeds from the transaction, subject to post-closing adjustments. A Beaten Down MLP With a Safe 11% Yield
Adam Galas, The Motley Fool - Motley Fool - Fri Mar 28, 10:38AM CDT
One reason investors like the energy sector is high yields. Some of the highest yields come from master limited partnerships (MLPs), which pay out the vast majority of their profits to unitholders in the form of distributions. Investors usually must...
Can These 3 Refiners Maintain Their Jaw-Dropping Dividend Yields?
Tyler Crowe, The Motley Fool - Motley Fool - Thu Mar 27, 12:05PM CDT
It's not very often that you come across a company like Calumet Specialty Products Partners , whose dividend yields 10.7%, and whenever you do, there is a certain amount of skepticism whether that kind of yield is a fluke. What is surprising,...
Calumet Specialty Products Partners, L.P. Announces Pricing of $900 Million Upsized Private Placement of 6.5% Senior Notes due 2021
PR Newswire - Wed Mar 26, 3:26PM CDT
Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet"
and its wholly owned subsidiary Calumet Finance Corp. announced today the pricing of their private placement to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the "Securities Act", of $900 million in aggregate principal amount of 6.5% senior unsecured notes due 2021 (the "2021 Notes". The 2021 Notes will mature on April 15, 2021 and will be issued at par. This private placement is expected to close on March 31, 2014, subject to customary closing conditions. The offering was upsized to $900 million in aggregate principal amount of 2021 Notes from the original offering size of $850 million in aggregate principal amount of 2021 Notes. Calumet Specialty Products Partners, L.P. Announces $850 Million Private Offering of Senior Notes due 2021
PR Newswire - Wed Mar 26, 6:42AM CDT
Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet"
and its wholly owned subsidiary Calumet Finance Corp. announced today that, subject to market conditions, they intend to offer for sale to eligible purchasers, in a private placement under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the "Securities Act", $850 million in aggregate principal amount of senior unsecured notes due 2021 (the "2021 Notes". Calumet Specialty Products Partners, L.P. to Acquire Anchor Drilling Fluids USA, Inc.
PR Newswire - Wed Mar 26, 6:41AM CDT
Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet" or the "Partnership"
a leading independent producer of specialty hydrocarbon and fuel products, today announced that it has entered into a definitive agreement to acquire ADF Holdings, Inc., the parent company of Tulsa, Oklahoma-based Anchor Drilling Fluids USA, Inc. ("Anchor" on a debt-free basis for total cash consideration of approximately $235 million, subject to customary purchase price adjustments. Calumet expects to close the acquisition of Anchor by March 31, 2014, subject to customary closing conditions. Calumet Specialty Products Partners, L.P. To Attend The Howard Weil 42nd Annual Energy Conference
PR Newswire - Thu Mar 20, 3:30PM CDT
Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT), a leading independent producer of specialty hydrocarbon and fuels products, today announced that members of management will attend the Howard Weil 42nd Annual Energy Conference at the Roosevelt Hotel in New Orleans on March 24, 2014.
11.5% Return Seen to Date on SmarTrend Calumet Specialty Products Call (CLMT)
Comtex SmarTrend(R) - Fri Mar 14, 9:58AM CDT
SmarTrend identified a Downtrend for Calumet Specialty Products (NASDAQ:CLMT) on February 4th, 2014 at $28.00. In approximately 1 month, Calumet Specialty Products has returned 11.54% as of today's recent price of $24.77.
Calumet Specialty Products Partners, L.P. To License the VOLTESSO(TM) Oil Brand From Imperial Oil
PR Newswire - Mon Mar 10, 3:15PM CDT
Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet" or the "Partnership"
, a leading independent producer of specialty hydrocarbon and fuels products, today announced a licensing agreement with Imperial Oil Limited ("Imperial" through which Calumet will produce, market and sell bulk transformer insulating oil into the Canadian market under the VOLTESSO(TM) brand of products. Calumet Specialty Products Partners, L.P. Acquires United Petroleum Company
PR Newswire - Fri Feb 28, 2:20PM CST
Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet" or the "Partnership"
a leading independent producer of specialty hydrocarbon and fuel products, today announced that it acquired United Petroleum Company ("United", a wholesale supplier and distributor of premium motor oils, coolants and greases. Financial terms of the transaction were not disclosed. Calumet Specialty Products Partners, L.P. To Attend Upcoming Investor Conferences
PR Newswire - Thu Feb 20, 3:15PM CST
Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT), a leading independent producer of specialty hydrocarbon and fuels products, today announced that members of management will attend the following upcoming investor conferences:
Calumet Specialty Products Partners, L.P. Reports Fourth Quarter and Annual 2013 Results
PR Newswire - Wed Feb 19, 6:00AM CST
Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership," the "Company," "Calumet," "we," "our" or "us"
, a leading independent producer of specialty hydrocarbon and fuel products, reported a net loss for the fourth quarter ended December 31, 2013 of $15.5 million, or $(0.27) per diluted unit, compared to net income of $45.7 million, or $0.73 per diluted unit for the same quarter in 2012. Fourth quarter 2013 results include $2.8 million of noncash unrealized derivative gains compared to $7.5 million of noncash unrealized derivative gains in the prior year period. For the full year 2013, the Partnership reported net income of $3.5 million, or $(0.17) per diluted unit, on Adjusted EBITDA (as defined below in the section of this press release titled "Non-GAAP Financial Measures" of $241.5 million. Adjusted EBITDA was $53.2 million for the fourth quarter 2013, as compared to $91.3 million in the prior year period. Buy-Rated Dividend Stocks In The Top 3: SLRC, NMM, CLMT
at The Street - Mon Feb 10, 9:30AM CST
These 3 dividend stocks are rated a Buy by TheStreet
Calumet Specialty Products Partners LP leases Asphalt Terminal, expanding distribution of asphalt products into new Mid-Continent markets
M2 - Wed Feb 05, 8:17AM CST
Hydrocarbon products company Calumet Specialty Products Partners LP (NasdaqGS:CLMT) reported on Tuesday the launch of a multi-year lease agreement with Frontier Terminal LLC .
Calumet Specialty Products Partners, L.P. Announces Multi-Year Agreement To Lease Oklahoma-Based Asphalt Terminal
PR Newswire - Tue Feb 04, 3:30PM CST
Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet" or the "Partnership"
, a leading independent producer of specialty hydrocarbon and fuels products, today announced a multi-year agreement with Frontier Terminal, LLC ("Frontier" to lease a 348,000 barrel liquid asphalt distribution terminal in Muskogee, Oklahoma ("Muskogee Terminal". The agreement became effective on January 1, 2014. Zacks Rank #5 Additions for Tuesday - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Feb 04, 8:30AM CST
Here are 5 stocks added to the Zacks Rank #5 (strong sell) List for Tuesday
4 With Upcoming Ex-Dividend Dates: KNOP, NGL, CLMT, HAS
at The Street - Thu Jan 30, 9:00AM CST
KNOP NGL CLMT HAS are going ex-dividend tomorrow, Friday, Jan. 31, 2014, 5:00 AM ET
Phillips 66 Beats Earnings Ests, Lags Y/Y - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jan 29, 9:35AM CST
Phillips 66 posted adjusted fourth-quarter 2013 earnings of $1.34 per share, beating the Zacks Consensus Estimate of $1.0 by 34%.
