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

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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7.06+0.25 (+3.67%)
At close: 4:00PM EDT
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  • T
    Timrio
    If you look at page 16 of today’s BofA presentation, you will see that they upped their EBITDA guidance from $175 million to 240 million for the Montana Renewable Diesel venture.
  • r
    run35ok
    wow!!
  • A
    Anonymous
    As stated for MONTHS now - no stopping us, north of $7 here we come! 🚀
    Bullish
  • T
    Timrio
    There is a soft release out there on their Montana renewables project. Check out the Seeking Alpha message board The message is For Calumet, It's The Good, The Bad and The Ugly. The first message that pops up is from blaser_k95. Click on that link. It would be great if Calumet issues a formal release on this information-- given the word is now out. They don't mention a partner so not sure what is going on there. One thing seems certain, this project is moving forward!
  • I
    Itsnogoodgoose
    At the end of the BOA presentation CEO states once JV is up and running he could see units potentially in the high teens and a possibility of conversion to a C Corp.
  • P
    Piotr
    Low volume sell off, kind of expected that today, but I am long.
    Bullish
  • R
    Richard
    In the past two months, there have only been three days with 200k+ volume. All the recent price moves on very low volume. Hard to get a sense of where things are headed.
    Neutral
  • I
    Itsnogoodgoose
    Nice to see price over $7 again. Let's get the JV finalized!
    Bullish
  • t
    tony
    Everybody keep your 💎 🙌 in play!!!! To the moon 🚀
  • I
    Itsnogoodgoose
    listened to BOA presentation. CEO and CFO insist JV is on track.
  • I
    Itsnogoodgoose
    In watching the BOA presentation again it looks like CLMT is expecting to get about $300M for half of GF JV. They will use this to pay off debt. Considering EBITDA from Speciality, Performance and GF JV, leverage should then be about right. I encourage investors to go to CLMT website and watch the BOA presentation.
  • Y
    Yahoo Finance Insights
    Calumet Specialty Products Partners, L.P is up 7.25% to 6.95
  • A
    Anonymous
    If we close above $6.33 the next stop is north of $7 - here we go 🚀 🚀 🚀
    Bullish
  • P
    Piotr
    Another good day for the stock, I wonder what is going on?
    Bullish
  • c
    collins
    anyone else getting the feeling the JV isn't working out?
  • A
    Anonymous
    The elusive $6.45 - hitting head on this ceiling… Can’t hold us down for long 🚀
    Bullish
  • A
    Anonymous
    So when has fundamentals mattered in this companies valuation?! If that is what we are investing in, currently we all are insane... this is technically driven by oil and oil futures (all eyes on the $XOP) and the future of chemical process. For those keeping score at home; we are right in line for more accumulation here @ the 50-day. For us LONGS, the future looks very profitable with all elements considered. The price of this material that $CLMT makes will only get more expensive before it is ever replaced by alternative power sources. As always; stay long, nothing but higher highs to come!
    Bullish
  • A
    Anonymous
    I bet we end today’s session $5.61 or higher - I just wanted to post this to prove a point...
    Bullish
  • I
    Itsnogoodgoose
    Once GF joint venture is announced and with the resulting cash infusion outlook will turn a 180.
  • r
    run35ok
    I knew this qtrly report was not going to be good, but not to this extent. Obviously investors are jumping ship from the pps dive in the last 2 days. It will be a long time for it to turn around if it ever does, because there is so little to cheer about. This new mgmt is really disappointing IMO.