Calumet Specialty Products Partners, L.P (NASDAQ:CLMT)
CAPS Rating:
The Company is a producer of hydrocarbon products in North America. Its business is organized into two segments: specialty products and fuel products.
The Company is a producer of hydrocarbon products in North America. Its business is organized into two segments: specialty products and fuel products.
Recs
Half a bill of debt, with no cash on hand means they can't keep their dividends going much longer.
They just returned to profitability this past qtr, due to low oil prices. As soon as oil prices go up, this maker of petrol products will see their profit margins diminish and bye-bye (not buy! buy!).