INDIANAPOLIS, Jan. 14, 2011 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (Nasdaq: CLMT) ("Partnership") today announced an increase in its quarterly cash distribution to $0.47 per unit ($1.88 per unit on an annualized basis) for the quarter ended December 31, 2010 on all of its outstanding limited partner units. The distribution will be payable on February 14, 2011 to holders of record of such units at the close of business on February 4, 2011. This distribution represents an increase of approximately 2.2% over the quarterly distribution of $0.46 per unit ($1.84 per unit on an annualized basis) paid in November 2010 for the quarter ended September 30, 2010.
In addition, the Partnership will report earnings for the quarter ended December 31, 2010 on Wednesday, February 16, 2011 before the market opens.
A conference call is scheduled for 1:00 p.m. ET (12:00 p.m. CT) Wednesday, February 16, 2011 to discuss the financial and operational results for the fourth quarter of 2010. Anyone interested in listening to the presentation may call 866-783-2137 and enter passcode 53261725. For international callers, the dial-in number is 857-350-1596 and the passcode is 53261725.
The telephonic replay is available in the United States by calling 888-286-8010 and entering passcode 68811364. International callers can access the replay by calling 617-801-6888 and entering passcode 68811364. The replay will be available beginning Wednesday, February 16, 2011, at approximately 4:00 p.m. until Wednesday, March 2, 2011.
A webcast of the earnings call will be available on the Partnership's website at http://www.calumetspecialty.com.
Calumet Specialty Products Partners, L.P. (Nasdaq: CLMT) ("Calumet") is a leading independent producer of high-quality, specialty hydrocarbon products in North America. Calumet processes crude oil into customized lubricating oils, solvents, and waxes used in consumer, industrial, and automotive products. Calumet also produces fuel products including gasoline, diesel fuel and jet fuel. Calumet is headquartered in Indianapolis, Indiana and has five plants located in northwest Louisiana, western Pennsylvania, and southern Texas, and a blending facility located in Burnham, Illinois.
SOURCE Calumet Specialty Products Partners, L.P.
SOURCE: Calumet Specialty Products Partners, L.P.
PR Newswire
INDIANAPOLIS, Jan. 14, 2011
INDIANAPOLIS, Jan. 14, 2011 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (Nasdaq: CLMT) ("Partnership") today announced an increase in its quarterly cash distribution to $0.47 per unit ($1.88 per unit on an annualized basis) for the quarter ended December 31, 2010 on all of its outstanding limited partner units. The distribution will be payable on February 14, 2011 to holders of record of such units at the close of business on February 4, 2011. This distribution represents an increase of approximately 2.2% over the quarterly distribution of $0.46 per unit ($1.84 per unit on an annualized basis) paid in November 2010 for the quarter ended September 30, 2010.
In addition, the Partnership will report earnings for the quarter ended December 31, 2010 on Wednesday, February 16, 2011 before the market opens.
A conference call is scheduled for 1:00 p.m. ET (12:00 p.m. CT) Wednesday, February 16, 2011 to discuss the financial and operational results for the fourth quarter of 2010. Anyone interested in listening to the presentation may call 866-783-2137 and enter passcode 53261725. For international callers, the dial-in number is 857-350-1596 and the passcode is 53261725.
The telephonic replay is available in the United States by calling 888-286-8010 and entering passcode 68811364. International callers can access the replay by calling 617-801-6888 and entering passcode 68811364. The replay will be available beginning Wednesday, February 16, 2011, at approximately 4:00 p.m. until Wednesday, March 2, 2011.
A webcast of the earnings call will be available on the Partnership's website at http://www.calumetspecialty.com.
Calumet Specialty Products Partners, L.P. (Nasdaq: CLMT) ("Calumet") is a leading independent producer of high-quality, specialty hydrocarbon products in North America. Calumet processes crude oil into customized lubricating oils, solvents, and waxes used in consumer, industrial, and automotive products. Calumet also produces fuel products including gasoline, diesel fuel and jet fuel. Calumet is headquartered in Indianapolis, Indiana and has five plants located in northwest Louisiana, western Pennsylvania, and southern Texas, and a blending facility located in Burnham, Illinois.
SOURCE Calumet Specialty Products Partners, L.P.
CONTACT: Jennifer Straumins, +1-317-328-5660
Web Site: http://www.calumetspecialty.com