Calumet Specialty Products Partners (CLMT) Provides Business Update

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Go back to Calumet Specialty Products Partners (CLMT) Provides Business Update

Calumet Specialty Products Partners, L.P. Declares Quarterly Cash Distribution On Limited Partner Units And Provides Business Update

January 19, 2016 4:30 PM EST

INDIANAPOLIS, Jan. 19, 2016 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet" or the "Partnership") a leading independent producer of specialty hydrocarbon and fuels products, today provided the following business update in response to recent volatility in the global capital markets and the broader energy complex:

(1)    Calumet is reaffirming its objective of providing all unitholders a stable-to-growing quarterly cash distribution, consistent with expectations for long-term growth in Adjusted EBITDA and Distributable Cash Flow ("DCF").  Today, Calumet declared a quarterly cash distribution of $0.685... More