| Address:
|
2780 WATERFRONT
PARKWAY E. DRIVE, SUITE 200 |
| City: |
INDIANAPOLIS |
|
State: |
IN |
|
Zip Code: |
46214 |
| Telephone: |
317-328-5660 |
|
Description of Business
|
Primary SIC Code:
2911 |
| (As filed with the SEC)
|
|
|
We are a leading independent producer of high-quality, specialty hydrocarbon
products in North America. Our business is organized into two segments:
specialty products and fuel products. In our specialty products segment, we
process crude oil into a wide variety of customized lubricating oils, solvents
and waxes. Our specialty products are sold to domestic and international
customers who purchase them primarily as raw material components for basic
industrial, consumer and automotive goods. In our fuel products segment, we
process crude oil into a variety of fuel and fuel-related products including
unleaded gasoline, diesel and jet fuel. In connection with our production of
specialty products and fuel products, we also produce asphalt and a limited
number of other by-products. For the year ended December 31, 2006, approximately
74.9% of our gross profit was generated from our specialty products segment and
approximately 25. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 03/2009 | 4.81 | 0.450 | 2.27 | | 12/2008 | 2.41 | 0.450 | 3.63 | | 09/2008 | 2.31 | 0.450 | 5.35 | | 06/2008 | 2.31 | 0.450 | 6.22 | | 03/2008 | 2.29 | 0.450 | 10.26 | | 12/2007 | 2.63 | 0.630 | 14.08 | | 09/2007 | 3.00 | 0.630 | 16.39 | | 06/2007 | 3.48 | 0.630 | 13.97 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2008 |
Leverage |
2008 |
| Net Inc/Comm Equity | NA | Total Liab/Total Assets | 0.56 | | Net Inc/Total Assets | 0.04 | Total Liab/Inv Cap | 0.66 | | Net Inc/Inv Cap | 0.05 | Total Liab/Comm Equity | NA | | Pretax Inc/Net Sales | 0.02 | Interest Coverage Ratio | 2.32 | | Net Inc/Net Sales | 0.02 | Curr Debt/Equity | 0.04 | | Cash Flow/Net Sales | 0.05 | LTD/Equity | 0.97 | | SG&A/NetSales | 0.05 | Total Debt/Equity | 1.02 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 22.27 | Quick Ratio | 1.35 | | Inventory Turnover | 19.76 | Current Ratio | 2.21 | | Inventory Day Sales | 0.05 | Net Rec/Curr Assets | 0.36 | | Net Sales/Work Cap | 14.88 | Inv/Curr Assets | 0.39 | | Net Sales/PP&E | 3.77 | | |
Income Statement (Millions) |
| |
3/31/2009
|
12/31/2008
|
9/30/2008
|
6/30/2008
|
|
Total Revenues(Net Sales)
|
414.26
|
498.68
|
724.37
|
671.22
|
|
Cost of Goods Sold
|
335.29
|
417.49
|
647.40
|
610.34
|
|
Selling & Admin Exps
|
26.02
|
24.45
|
35.37
|
31.94
|
|
Operating Income
|
52.95
|
56.74
|
41.61
|
28.95
|
|
Interest Exp
|
8.64
|
9.57
|
10.67
|
8.54
|
|
Pretax Income
|
75.72
|
18.49
|
-12.37
|
41.96
|
|
Other Income
|
31.41
|
-28.69
|
-43.30
|
21.55
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
75.64
|
18.54
|
-12.52
|
41.81
|
|
Assets
|
3/31/2009
|
12/31/2008
|
9/30/2008
|
6/30/2008
|
|
Cash & Short Term Investments
|
86.84
|
75.27
|
0.11
|
0.45
|
|
Receivables - Total
|
102.32
|
109.56
|
219.14
|
211.38
|
|
Inventories - Total
|
148.98
|
118.52
|
89.45
|
113.30
|
|
Total Current Assets
|
339.26
|
305.15
|
311.71
|
328.44
|
|
Net Property, Plant & Equipment
|
652.25
|
659.68
|
666.65
|
669.35
|
|
Total Assets
|
1,102.98
|
1,081.06
|
1,091.49
|
1,113.33
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
112.26
|
107.55
|
175.87
|
269.11
|
|
Debt in Current Liabilities
|
10.62
|
20.64
|
122.68
|
137.12
|
|
Total Current Liabilities
|
130.30
|
137.85
|
306.29
|
413.19
|
|
Long-Term Debt
|
450.05
|
460.28
|
451.30
|
384.84
|
|
Total Liabilities
|
590.29
|
607.85
|
762.31
|
802.69
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
NA
|
NA
|
NA
|
NA
|
|
Retained Earnings
|
NA
|
NA
|
NA
|
NA
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
512.69
|
473.21
|
329.18
|
310.64
|
|
Total Liabilities and Stockholders' Equity
|
1,102.98
|
1,081.06
|
1,091.49
|
1,113.33
|
Cash Flow Summary (Millions) |
|
Categories
|
3/31/2009
|
12/31/2008
|
9/30/2008
|
6/30/2008
|
|
Net Cash Provided by Operating Activities
|
32.63
|
54.66
|
-36.03
|
49.28
|
|
Net Cash Provided by Investing Activities
|
-4.95
|
-49.58
|
-15.28
|
-56.36
|
|
Net Cash Provided by Financing Activities
|
-27.71
|
-5.14
|
50.96
|
7.49
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2005 | 1,289.07 | 11.33 | -- | | 12/2006 | 1,641.05 | 93.88 | 2.81 | | 12/2007 | 1,637.85 | 82.87 | 2.63 | | 12/2008 | 2,488.99 | 44.44 | 2.41 | | Growth Rates | 24.52 | 57.71 | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 03/31/09 | 50 | 4,197 | 21.90 |
|
Report Date :
6/23/2009
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