Better Buy: Calumet Specialty Products Partners Lp Vs. Valero Energy

While Calumet Specialty Products Partners (NASDAQ: CLMT) and Valero Energy (NYSE: VLO) both operate refineries, these two companies couldn't be more dissimilar. That's because Calumet is a master limited partnership that makes more money manufacturing specialty products than it does on refining. Meanwhile, Valero is the largest independent refiner in the country.

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