On the upswing of a shallow saucer pattern after a big drop back in the first week of August. Even though it beat 2nd qtr earnings expectations, it's revenue was off and got pulled down with the rest of the refining industries as well as poor demand for it's specialty products lubricants oils etc.
It trades low volume but has been riding above the 10dma all month and following the top boli line. RSI, MACD indicators turned up. CMF has crossed into buying territory. Intraday today showed trading was steady from midday then picked up considerably the last hour. Opened and closed with a higher high today with a dragonfly doji.
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Calumet Specialty Products Partners LP
2780 Waterfront Parkway East Drive
Suite 200
Indianapolis, IN 46214
United States - Map
Phone: 317-328-5660
Fax: 317-328-5668
Web Site:
Calumet Specialty Products Partners - Calumet - Home Page
DETAILS
Index Membership: N/A
Sector: Basic Materials
Industry: Oil & Gas Refining & Marketing
Full Time Employees: 640
BUSINESS SUMMARY
Calumet Specialty Products Partners, L.P. produces and sells specialty hydrocarbon products in North America. The company operates in two segments, Specialty Products and Fuel Products. The Specialty Products segment processes crude oil and other feedstocks into various customized lubricating oils, solvents, and waxes. Its specialty products are used in industrial goods, such as metal working fluids, belts, hoses, sealing systems, batteries, hot melt adhesives, pressure sensitive tapes, electrical transformers, and refrigeration compressors; consumer goods, including candles, petroleum jelly, creams, tonics, lotions, coating on paper cups, chewing gum base, automotive aftermarket car-care products, lamp oils, charcoal lighter fluids, camping fuel, and aerosol products; and automotive goods consisting of motor oils, greases, transmission fluid and tires. The Fuel Products segment processes crude oil into various fuel and fuel related products, including unleaded gasoline, diesel, and jet fuel. The company also produces asphalt and other by-products that are processed or blended for coating and roofing applications; and fuel related products, including fluid catalytic cracking feedstock, asphalt vacuum residuals, and mixed butanes. Calumet GP, LLC serves as the general partner of the company. Calumet Specialty Products Partners, L.P. was founded in 1916 and is based in Indianapolis, Indiana.
CLMT - Calumet Specialty Products Partners, L.P. (Nasdaq Stock)
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