Calumet Specialty Products Partners, L.P. - Common units representing limited partner interests (CLMT) Company Bio
Calumet Specialty Products Partners LP produces and sells specialty hydrocarbon products in North America. It operates in three segments: Specialty Products, Fuel Products, and Oilfield Services. The company was founded in 1916 and is based in Indianapolis, Indiana.
CLMT Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Calumet Specialty Products Partners LP. To summarize, we found that Calumet Specialty Products Partners LP ranked in the 12th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. The most interesting components of our discounted cash flow analysis for Calumet Specialty Products Partners LP ended up being:
Its compound free cash flow growth rate, as measured over the past 5.25 years, is -0.18% -- higher than only 9.32% of stocks in our DCF forecasting set.
16% of the company's capital comes from equity, which is greater than merely 5.19% of stocks in our cash flow based forecasting set.
The weighted average cost of capital for the company is 17. This value is greater than 84.86% stocks in the Energy sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Calumet Specialty Products Partners LP? See FET, SDPI, VTNR, CLB, and CRC.
Calumet Specialty Products Partners (CLMT) spiked in this afternoon's trading before pulling back, following a Bloomberg report that the company is considering a sale of its finished lubricants business, which could fetch ~$500M.Calumet's lubricants unit, which reportedly is receiving interest from P-E firms, makes motor oil and grease under the...
Calumet Specialty Products (CLMT) hedged its fuels future for the entire year of 2020. With 2020 drawing to a close and these fuels and other hedges set to expire with the December 2020 quarter, it is a good time to explore how the company is likely to perform going forward....
Patient Tech Investor on Seeking Alpha | September 23, 2020
Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership," "Calumet," "we," "our" or "us"), a leading independent producer of specialty hydrocarbon and fuel products, today announced that it plans to report results for the fiscal second quarter 2020 on August 6, 2020. A conference call to discuss the financial and operational results is scheduled for August 6, 2020 at 9:30 AM ET.
On July 20, 2020, Calumet Specialty Products Partners, L.P. ("Calumet" or the "Company") (NASDAQ: CLMT) and Calumet Finance Corp. ("Finance Corp." and, together with the Company, the "Issuers") announced the early results of their (i) private exchange offer (the "Exchange Offer") to certain holders of their 7.625% Senior Notes due 2022 (the "2022 Notes") to exchange 2022 Notes for newly issued 9.25% Senior Secured First Lien Notes due 2024 (the "New Notes") and (ii) solicitation (the "Consent Solicitation") of consents (the "Consents") from holders of their outstanding 11.00% Senior Notes due 2025 (the "2025 Notes") to allow the Issuers to consummate the Exchange Offer. The Exchange Offer...
Calumet Specialty Products Partners, L.P. ("Calumet" or the "Company") (NASDAQ: CLMT) and Calumet Finance Corp. ("Finance Corp." and, together with the Company, the "Issuers") today announced the early results of the previously announced private exchange offer (the "Exchange Offer") to each Eligible Holder (as defined below) of their 7.625% Senior Notes due 2022 (the "2022 Notes") to exchange up to $200 million aggregate principal amount of 2022 Notes for up to $200 million aggregate principal amount (the "Maximum Exchange Amount") of newly issued 9.25% Senior Secured First Lien Notes due 2024 (the "New Notes") upon the terms and subject to the conditions set forth in the confidential offering memorandum, da...