$13.75

0.35 (2.61%)

7/23/2008 4:00 PM

Calumet Specialty Products Partners, L.P (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.

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What the Community Thinks

Total Members

331 Outperforms

22 Underperforms

All-Stars

114 Outperforms

8 Underperforms

Wall Street

1 Outperforms

0 Underperforms

Members bullish on CLMT are also bullish on:

Members bearish on CLMT are also bearish on:

Ticker Tags

Small Cap (1922), Marketing (26), Master Limited Partnership (46), Oil & Gas Refining & Marketing (40)
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Calumet Specialty Products Partners, L.P At A Glance

Current Price:	$13.75
Last Trade Time:	7/23/2008 4:00 PM
Open:	$13.88
Previous Close:	$13.40
Daily Range:	$13.51 - $13.97
52-Week Range:	$11.19 - $52.90
Volume:	149,819
Market Cap:	$256.82M
P/E Ratio:	5.85
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Stock Trends

CLMT VS S&P 500 (SPY)

News & Discussion Boards

Other News Headlines for CLMT

Calumet sets distribution of 45 cents
7/18/2008 1:38:00 PM - AP
Calumet Specialty Products distribution slashed 29 percent
4/23/2008 6:22:00 PM - AP

More Headlines...

Top Bull Pitch

Recs

6 Calumet Specialty Products Partners, L.P (CLMT)

Avatar NolAloha (72.79) Submitted: 4/25/08 12:32 PM

All refiners have been hit by reduced crack spreds. Calumet in particular has been impacted by a poorly managed upgrade to their Shreveport Refinery. The work is completed and the refinery is coning back on line. the Company is awfully close to violating convenents on it's debt, and has reduced di...More

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Top Bear Pitch

Recs

7 Calumet Specialty Products Partners, L.P (CLMT)

Avatar wallybogus (< 20) Submitted: 5/05/08 4:36 PM

Motley Fool recommended this stock at around $40 and they

are still recommending it now that it is at $13. Now Motley is calling it a great dividend stock. Well, Calumet cut their dividend, too !!!

Maybe it is time to find a new line of work.

Replies: 2 | Reply | Permalink

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Recs 0 (CLMT) palaim (40.13) Submitted: 7/22/08 7:36 PM : Start Price: $13.88 CLMT Score: -1.09 crack spread will gradually improve for refiners in general as oil demand slows Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out. Recs 1 (CLMT) proudfather (32.78) Submitted: 7/08/08 2:43 PM : Start Price: $12.26 CLMT Score: 11.06 A small refiner. Seems to be a very well run company. All the refiners are getting hit hard as the price of oil has skyrocketed. The price between what a refiner pays for its oil and what it sells its finished products for is called the “crack spread.” Since the price of oil has risen faster than they can raise their prices on the finished product, their crack spread is getting squeezed and net profits have fallen drastically. Management has already begun incremental price increases on their finished products. Their shares have fallen from about $55 down to $12 a couple of weeks ago. I was getting ready to buy then but the price shot up to $17 because of massive insider buying. If you go to a one of the stock tracking pages (msn, yahoo, etc.) and look at the insider buying you will see what I am talking about. This fact made me even more excited than I was before. I decided to wait a few days in hopes that this would subside and the price would come back down. So far I have been right; the price is now around $12 per share and I am looking at buying. Once they are able to raise their prices and increase their crack spread, the stock price should rebound to at least $30, if not more. That would be a doubling of your money and I don’t see why this could not happen in less than two years, giving you a very good return. What I really like about this stock is its current dividend yield. They are currently paying $1.80 per year, which at $12 per share would be a yield of 15%. They recently lowered their dividend from $2.56. There is no guarantee they will not lower it again, but I think when they get their profitability back there is a good chance they will raise it back, hopefully to the $2.56 range. This would be a yield of 21% if you lock in at $12. If I am correct, then this is a home run all the way around. I am extremely excited about this one. Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out. Recs 0 (CLMT) beazer8or (< 20) Submitted: 7/03/08 5:41 AM : Start Price: $12.37 CLMT Score: 10.29 Oil refiners are beat down but eventually oil prices will settle. VLO, TSO and others are more replaceable in the marketplace (oil producer refiners and offshore refining) while CLMT seems to have a niche in specialty products (products for solvents, paints, lubricants etc.) and longstaning customer base that can insulate them. Recent insider purchasers nice to see. Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out. Recs 0 (CLMT) dpid (< 20) Submitted: 6/30/08 5:12 PM : Start Price: $19.89 CLMT Score: -23.73 Crack Spreads will stabilize by end of the year I still think VLO is a better pick, but I think the refining sector is punished again too extremely for the whole sector not to bounce back. Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out. Recs 1 (CLMT) QuickBen (99.73) Submitted: 6/16/08 1:45 PM : Start Price: $14.14 CLMT Score: 3.42 Long Hold Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out.
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Top Pick	Member Name	Member Rating	Start Date	Call	Time Frame	Start Price	Stock Gain	S&P Gain	Score	Pitch
	TrackBerkowitz	85.39	09/30/07		NS	$46.16	-70.21%	-15.97%	-54.24

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