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Calumet Specialty Products Partners LP (CLMT.OQ)

CLMT.OQ on NASDAQ Stock Exchange Global Select Market

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23 Oct 2017
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Latest Key Developments (Source: Significant Developments)

Husky agrees to acquire U.S. Midwest Refinery
Monday, 14 Aug 2017 08:55am EDT 

Aug 14 (Reuters) - Husky Energy Inc :Husky agrees to acquire U.S. Midwest Refinery; increases value-added processing capacity.Husky agrees to acquire U.S. Midwest Refinery; increases value-added processing capacity.Husky Energy Inc - deal for ‍$435 million us in cash.​.Husky Energy Inc - ‍plans to retain approximately 180 workers at refinery​.Husky Energy Inc says deal immediately accretive to earnings and funds from operations.Husky Energy Inc - ‍upon closing, new asset will immediately contribute to increased earnings and funds from operations​.Husky Energy Inc - ‍with addition of superior refinery, Husky's total downstream capacity will increase to approximately 395,000 barrels per day​.Husky energy inc says deal to be funded from cash on hand and existing credit facilities.Husky Energy - to buy superior refinery, a 50,000 barrel per day permitted capacity facility from calumet specialty products partners, l.p.​.Husky Energy Inc - ‍entered into definitive agreements to acquire superior refinery​.  Full Article

Calumet Specialty Products Partners reports Q2 revenue $63.9 million
Friday, 4 Aug 2017 07:00am EDT 

Aug 4 (Reuters) - Calumet Specialty Products Partners LP :Calumet Specialty Products Partners L.P. reports second quarter 2017 results.Q2 revenue $63.9 million.Q2 revenue view $839.2 million -- Thomson Reuters I/B/E/S.Sees total capital expenditures will be within range of $110 to $130 million for fiscal year 2017.Qtrly Limited partners' interest basic and diluted net income per unit $0.12.  Full Article

Calumet Specialty Products Partners Q2 sales $1.03 bln
Friday, 4 Aug 2017 07:00am EDT 

Aug 4 (Reuters) - Calumet Specialty Products Partners Lp :Q2 sales $1,030.9 million versus $972.9 million.Calumet specialty products partners, l.p. Reports second quarter 2017 results.Q2 revenue view $839.2 million -- Thomson Reuters I/B/E/S.Sees total capital expenditures will be within range of $110 to $130 million for fiscal year 2017.Qtrly limited partners' interest basic and diluted net income per unit $0.12.  Full Article

Calumet Specialty Products Partners reports first quarter 2017 results
Thursday, 4 May 2017 08:00am EDT 

May 4 (Reuters) - Calumet Specialty Products Partners Lp ::Calumet Specialty Products Partners L.P. Reports first quarter 2017 results.Qtrly total sales volume 129,856 BPD versus. 124,440 bpd.Qtrly total facility production 135,351 bpd versus. 127,880 bpd.Calumet Specialty Products Partners - for 2017, partnership continues to anticipate total capital expenditures in range of $120 to $140 million.Qtrly net loss of $ 6.2 million versus. $ 67.7 million.  Full Article

Calumet Specialty Products Partners Q4 net loss $1.01/unit
Friday, 24 Feb 2017 06:00am EST 

Calumet Specialty Products Partners Lp : Calumet specialty products partners, l.p. Reports fourth quarter and full year 2016 results . Qtrly diluted net loss per unit $1.01 . Qtrly sales $ 946.9 million versus $ 898.0 million . Calumet specialty products partners lp sees fy 2017 total capital spending for fiscal year 2017 is expected to range from $120 million and $140 million . Calumet specialty products partners lp - cost saving efforts will remove an additional $10 million to $20 million in annualized sg&a expenses . Calumet specialty products partners lp - on track to hit original $150 million to $200 million adjusted ebitda target by end of fiscal year 2018 .Calumet specialty products - fuel products segment results for 2016 negatively impacted by 31.4% y-o-y decline in benchmark gulf coast 2/1/1 crack spread.  Full Article

Calumet sells Dakota Prairie Refining joint venture interest
Tuesday, 28 Jun 2016 08:00am EDT 

Calumet Specialty Products Partners Lp : Calumet Specialty Products Partners L.P. sells Dakota Prairie Refining joint venture interest to a subsidiary of MDU Resources Group Inc . Under terms of definitive agreement with WBI, Calumet will receive consideration of $28.5 million . For full-year 2016, anticipate sale of jv interest in DPR will positively impact consolidated adjusted EBITDA .Sale of its 50 pct equity interest in Dakota Prairie Refining, LLC ("DPR") to joint venture partner WBI Energy.  Full Article

Calumet Specialty Products Partners LP announces pricing of $400 million private placement of 11.5% senior secured notes due 2021
Friday, 15 Apr 2016 05:27pm EDT 

Calumet Specialty Products Partners LP:Says pricing of $400 million in aggregate principal amount of 11.5% senior secured notes due 2021.Notes mature on January 15, 2021 and will be issued at 98.273 percent of par.Intends to use net proceeds to repay borrowings outstanding under its revolving credit facility, to terminate or cash collateralize certain of its existing hedging obligations and for general partnership purposes.  Full Article

Calumet Specialty Products Partners LP - Fire put out at the San Antonio refinery- media; reports unit shut - Reuters
Sunday, 6 Dec 2015 11:36pm EST 

Calumet Specialty Products Partners LP:A fire broke out after hot oil was spilled at the Calumet Specialty Products Partners LP CLMT.O refinery in San Antonio, Texas, on Saturday evening, news website http://www.foxsanantonio.com reported on Sunday - RTRS.The 14,500-barrel-per-day San Antonio refinery had reported shutting down Heater F-11 after the hot oil leak in the furnace on Saturday, according to a filing with state pollution regulators - RTRS.The Heater F-11 hot oil tube rupture released hot oil into the combustion, according to the Texas Commission on Environmental Quality - RTRS.The fire was extinguished quickly and no injuries were reported, the website added - RTRS.The refinery produces ultra-low sulfur diesel, jet fuel, specialty solvents, reformates, naphtha, and vacuum gas oil, according to the company's website - RTRS.  Full Article

Husky Energy boosts crude processing with $435 mln refinery buy

Aug 14 Canadian integrated oil company Husky Energy Inc said it would buy a refinery in the United States from Calumet Specialty Products Partners LP for $435 million in cash.