Calumet Specialty Products Partners (CLMT) Provides Business Update

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