Calumet Specialty Products Partners, L.P (OQ:CLMT)
Business Focus: Petroleum Refining
| Sector: Energy | Industry: Oil & Gas Refining and Marketing |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | Parkway E. Drive Suite 200, 2780 Waterfront INDIANAPOLIS IN 46214 |
| Tel: | 1-317-957-5378 |
| Website: | https://calumet.com |
| IR: | See website |
| Key People | ||
| Louis Todd Borgmann Chief Executive Officer of Calumet GP, LLC | David A. Lunin Chief Financial Officer, Executive Vice President | Bruce A. Fleming Executive Vice President - Montana Renewables and Corporate Development of Calumet GP, LLC |
| Scott Obermeier Executive Vice President - Specialties | Gregory J. Morical Vice President, General Counsel, Secretary of Calumet GP, LLC | |
| Business Overview |
| Calumet Specialty Products Partners, L.P. manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to customers across a range of consumer-facing and industrial markets. In its Specialty Products and Solutions segment, the Company manufactures and markets a variety of solvents, waxes, customized lubricating oils, white oils, petrolatums, gels, esters, and other products. Its Montana/Renewables segment consists of two facilities, renewable fuels, and specialty asphalt. At its Montana Renewables facility, it processes a variety of geographically advantaged renewable feedstocks into renewable diesel, sustainable aviation fuel (SAF), renewable hydrogen, and others. At its Montana specialty asphalt facility, it processes Canadian crude oil into conventional gasoline, diesel, and others. In its Performance Brands segment, it blends, packages and markets high performance products through its Royal Purple, Bel-Ray, and TruFuel brands. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Calumet Specialty Products Partners, L.P revenues decreased 11% to $4.18B. Net income applicable to common stockholders totaled $47.1M vs. loss of $169.8M. Revenues reflect Speciality Products segment decrease of 18% to $2.88B. Net Income reflects Realized gain /loss on derivaritives increase from $81.7M (expense) to $9.9M (income). |
| Employees: | 1,580 as of Feb 28, 2024 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $3,417M as of Mar 31, 2024 |
| Annual revenue (TTM): | $4,181M as of Mar 31, 2024 |
| EBITDA (TTM): | $223.80M as of Mar 31, 2024 |
| Net annual income (TTM): | $47.10M as of Mar 31, 2024 |
| Free cash flow (TTM): | -$286.70M as of Mar 31, 2024 |
| Net Debt Last Fiscal Year: | $2,155M as of Mar 31, 2024 |
| Shares outstanding: | 80,388,555 as of May 10, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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