This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Calumet Specialty Products Partners' Management Announces Agreement To Acquire Royal Purple (Transcript)

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

Agreement to Acquire Royal Purple Conference Call

June 8, 2012 9:00 a.m. ET


Jennifer Straumins - President and Chief Operating Officer

Pat Murray - Chief Financial Officer


Cory Garcia - Raymond James

Aaron Whiteman - Appaloosa Management

Eric Seeve - GoldenTree

Peter Madsen - Drakkar Capital

Randy Rochman - West Family Investments



Good day, ladies and gentlemen and welcome to the Calumet Specialty Products Partners, L.P. Announces Agreement to Acquire Royal Purple Conference Call. My name is Pam and I will be your operator for today. At this time all participants are in listen-only mode. Later we will conduct a question-and-answer session. (Operator Instructions) As a reminder this conference is being recorded for replay purposes. I would now like to turn the conference over to Ms. Jennifer Straumins, President and Chief Operating Officer. Please proceed.

Jennifer Straumins

Thank you, operator. Good morning and welcome to the Calumet Specialty Products Partners’ investors call to discuss the Royal Purple acquisition. During this call Calumet Specialty Products Partners will be referred to as the partnership or Calumet. Also joining me on this call is Pat Murray, our CFO. Following the presentation we will hold the line open for a question-and-answer session.

During the course of this call we will make various forward-looking statements, such statements are based on the beliefs of the management as well as assumptions made by them and in each case based on the information currently available to them. Although our management believes the expectations reflected in such forward-looking statements are reasonable, neither the partnership, it’s general partner, nor our management can provide any assurance that such expectations will prove to be correct. Please refer to the partnership’s press release that was issued on June 6, as well as our latest filings with the Securities and Exchange Commission for a list of factors that may affect our actual results and could cause them to differ from our forward-looking statements made on this call. Additionally, please refer to the investor relations section of our website for the slides associated with this presentation.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.99 0.00%
FB $102.01 0.00%
GOOG $682.40 0.00%
TSLA $151.04 0.00%
YHOO $27.04 0.00%


Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs