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NEWS & PR
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PR Newswire (May 8, 2013)
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PR Newswire (Apr 10, 2013)
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PR Newswire (Mar 26, 2013)
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PR Newswire (Mar 25, 2013)
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PR Newswire (May 8, 2013)
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PR Newswire (Apr 10, 2013)
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PR Newswire (Mar 26, 2013)
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PR Newswire (Mar 25, 2013)
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PR Newswire (Feb 13, 2013)
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Business Wire (Feb 7, 2013)
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PR Newswire (Feb 7, 2013)
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PR Newswire (Jan 25, 2013)
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PR Newswire (Jan 8, 2013)
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PR Newswire (Jan 7, 2013)
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at MarketWatch.com (Dec 18, 2012)
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at MarketWatch.com (Nov 6, 2012)
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PR Newswire (Oct 31, 2012)
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at CNBC.com (Oct 10, 2012)
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PR Newswire (Oct 1, 2012)
CLMT vs. ETF Alternatives
Company Description
Currently, there's no company description for CLMT.
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
- Wednesday, May 8, 6:48 AM Calumet Specialty Products (CLMT): Q1 EPS of $0.66. Revenue of $1.32B beats by $0.04B. (PR) 4 Comments [Earnings, Breaking News]
- Wednesday, April 17, 5:50 PM Deutsche Bank lowers its stock target prices on several refiners, expecting weak margins to weigh on earnings in Q2 and in 2013 as producing gasoline gets less profitable. The new target for Buy-rated Holly Frontier (HFC) is $58, down from $68. Hold-rated refiners with reduced targets: ALJ, CLMT, CVI, DK, MPC, PBF, PSX, TSO, VLO, WNR. Comment! [Energy, Quick Ideas]
- Wednesday, April 10, 9:45 AM North Dakota breaks ground on the first new U.S. refinery since 1976 with hopes it will resolve the state's diesel demand problem. Despite its status as the no. 2 state in crude production, North Dakota relies on refineries from the Gulf coast and elsewhere for most of its diesel. MDU Resources (MDU) and Calumet Specialty Products (CLMT) hope to make ~8K bbl/day of diesel within 20 months. Comment! [Energy]
- Tuesday, March 26, 6:55 PM It's understandable that MLP investors would be irritated as several - Calumet Specialty (CLMT) and Access Midstream (ACMP) are the latest - again revisit the trough for more capital and dilute their holdings, but demand for MLPs is so strong that unit prices of some involved in recent financings - BWP, DPM, EPB, EPD, MCEP - already have recouped initial losses and gained since their announcements. 18 Comments [Energy]
- Tuesday, March 26, 4:27 PM MDU Resources (MDU +1.2%) and Calumet Specialty Products Partners (CLMT -4.6%) break ground on first diesel refinery built in 37 years. The $300M North Dakota facility will help alleviate the state's dependence on imported diesel which powers fracking rigs and other equipment used in the development of the Bakken shale. Comment! [Energy]
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Monday, March 25, 5:56 PM
After-hours top gainers, as of 5:15 p.m.: CALL +6%. TX +5%. KWK +4%. CAR +4%. SONC +5%.
After-hours top losers: HXM -9%. GMAN -5%. CLMT -5%. MGLN -2%. Comment! [On the Move] - Monday, March 25, 4:21 PM Calumet Specialty Products (CLMT) -4.6% AH after announcing a public offering of 5.25M common units. CLMT says it intends to use net proceeds for general partnership purposes, including working capital, capital expenditures, acquisitions and possibly pay down debt. 3 Comments [Energy, On the Move]
- Wednesday, February 13, 6:41 AM Calumet Specialty Products Partners (CLMT): Q4 EPS of $0.73 beats by $0.05. Revenue of $1.22B beats by $180M. (PR) 3 Comments [Earnings, Breaking News, Energy]
- Thursday, February 7, 4:57 PM MDU Resources (MDU) and Calumet Specialty Products Partners (CLMT) form a joint venture to build and operate a diesel refinery in North Dakota, which is expected to process 20K bbl/day of Bakken crude oil to serve strong product demand in the region. 3 Comments [Energy]
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Tuesday, January 8, 9:10 AM
Premarket gainers: PERI +19%. STSI +16%. CTIC +8%. PPHM +5%.
Losers: GME -10%. APPY -6%. CY -6%. CLMT -5%. Comment! [On the Move] - Tuesday, January 8, 9:07 AM Calumet Specialty Products Partners (CLMT) -5.4% premarket after announcing an offering of 5M common units at $31.81 each, as it seeks to raise funds to repay debt and for general purposes. The maker of oil and fuel products recently had 57.6M shares outstanding. Comment! [Energy, On the Move]
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Monday, January 7, 5:45 PM
After-hours top gainers, as of 5:15 p.m.: TISI +6%. VG +5%. CPE +4%. WTSLA +4%. AEO +4%.
After-hours top losers: YUM -5%. CLMT -5%. MDRX -3%. VRNG -3%. SONS -3%. Comment! [On the Move] - Monday, December 17, 2012, 10:55 AM NuStar Energy (NS +0.9%) agrees to sell its 14.5K bbl/day San Antonio refinery and a related terminal in Elmendorf, Tex., to Calumet Specialty Products Partners (CLMT -0.2%) for $100M plus ~$15M of inventory. The sale is part of NS' plan to shift away from the margin-based refining and marketing business to further grow its fee-based pipeline and storage operations. Comment! [Energy]
- Wednesday, October 31, 2012, 6:43 AM Calumet Specialty Products Partners (CLMT): Q3 EPS of $0.69 beats by $0.09. Revenue of $1.18B beats by $720M. (PR) 5 Comments [Earnings, Energy]
- Tuesday, October 16, 2012, 2:32 PM Calumet Specialty Products (CLMT +8.5%) trades higher after it bumps up its quarterly cash distribution to $0.62 per unit, an increase of 5.1% over its previous quarterly distribution. 6 Comments [On the Move]
- Wednesday, August 15, 2012, 2:59 PM Connacher Oil and Gas (CLLZF.PK -12.1%) says it will sell its Montana refinery to Calumet Specialty Products (CLMT +1%) for ~$120M plus working capital, a deal that adds crude oil throughput capacity of ~9,800 bbl/day for CLMT. Connacher, deeply in debt, hopes the asset sale will enable it to survive long enough to find a buyer for the Canadian company. Comment! [Energy, On the Move]
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Energysystems: I've owned $AAPL since the iPad debut. Sold have my position last summer, but have held onto the rest. -
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Energysystems: That's not the worst endorsement in the world. We've got "horse sense". I got bit by a horse once...totally unrelated though ;) -
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AlbionWood
$CLMT again up to nearly 10% of my portfolio... I should sell calls, but they keep raising the dividend, makes it hard to sell! - View all 0 replies
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Energysystems
$CLMT increases distribution by 4.6% qoq(.65 to .68), 21.4% yoy. Sounds good to me, always like a raise! - View all 1 replies
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Philip Trinder: Agreed, they'll just get blended into the 2017 crack spread, and capex needed by the Refining MLPs doesn't seem too material -
worthless111: Philip, iyo how much will the SP drop when TPG actually places the shares ? I called them for advice on timing but nr.Thanks
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AlbionWood
$CLMT, secondary priced at 37.50, stock drops below that... still yielding 7%... looks like a buy again. - View all 1 replies
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AlbionWood: Funny, cuz I almost sold some yesterday when it broke back over 39... taking it over 10% of my income portfolio. Gonna hold now.
LATEST REPLIES
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Energysystems: That's not the worst endorsement in the world. We've got "horse sense". I got bit by a horse once...totally unrelated though ;) -
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Energysystems
$CLMT increases distribution by 4.6% qoq(.65 to .68), 21.4% yoy. Sounds good to me, always like a raise! - View all 1 replies
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Philip Trinder: Agreed, they'll just get blended into the 2017 crack spread, and capex needed by the Refining MLPs doesn't seem too material -
worthless111: Philip, iyo how much will the SP drop when TPG actually places the shares ? I called them for advice on timing but nr.Thanks
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AlbionWood
$CLMT, secondary priced at 37.50, stock drops below that... still yielding 7%... looks like a buy again. - View all 1 replies
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AlbionWood: Funny, cuz I almost sold some yesterday when it broke back over 39... taking it over 10% of my income portfolio. Gonna hold now.
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Energysystems
Back to back secondaries by $CLMT and $ACMP. It's ok, still long, still in the green, and they've got great management teams. - View all 5 replies
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Energysystems: I'm a big fan(as you know), they're making all the right moves. Check out their March 2013 investor presentation if you haven't already.
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Energysystems: As long as they keep up those smart bolt on acquisitions and expansion projects, I'm in it for the long haul. -
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ComputerBlue: COO made a 5200 share purchase within the last week or so.
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Energysystems: I think if you do sell, you'd get an opportunity to get back in lower, with the refinery turnaround happening in April-May. -
Energysystems: I really like the business, along with the hefty distributions, and the high distribution coverage ratio.
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Energysystems: Might be a chance to get into $WMB, $WPZ just missed on earnings and $WMB's report wasn't much better. But I really like it at 30$ -
Energysystems: Was down 1.78% today, and just now trading down 1.6% in AH. Great non-MLP with MLP tie ins.
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wigit5: lol damnit guess I'll have to sit this out just don't think it's a good risk/reward ratio at these levels. -
ComputerBlue: Yeah..I'd wait. BGS doesn't look too bad at the moment..worth considering at least.
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Energysystems
Glad I got into $CLMT on that pullback. A little late to the game but I can't complain! - View all 4 replies
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Energysystems: I really like the Royal Purple acquisition. Adjusted EBITDA has been on a tear since 2010. High distribution coverage as well. I think... -
Energysystems: it heads higher from here, but I wouldn't add here, I'd wait for a pullback.
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Energysystems: Strong day in $ACMP, and it's looking like I'll be reinvesting on the cheap with $LNCO.

