What to Expect From Calumet Specialty Products Partners LP in 2018

Calumet Specialty Products Partners (NASDAQ: CLMT) nearly collapsed in 2016 under the weight of debt after its profitability crumbled, which caused units to lose 80% of their value. However, the master limited partnership (MLP) has worked tirelessly on its turnaround plan and delivered nearly flawless execution on its strategy in 2017. As a result, units almost doubled in value this year.

While that's a tough act to follow, investors can expect the company to continue working on its turnaround plan in 2018, which should further boost profitability.

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Source: Fool.com