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Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt
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66,000% upside on tiny biotech? (Ad)
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Drought-struck Barcelona quenches thirst with costly desalination
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
66,000% upside on tiny biotech? (Ad)
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
66,000% upside on tiny biotech? (Ad)
Sleepless in Kyiv: Nighttime Russian air campaign terrorizes citizens in Ukrainian capital
Drought-struck Barcelona quenches thirst with costly desalination
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
66,000% upside on tiny biotech? (Ad)
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
66,000% upside on tiny biotech? (Ad)
Sleepless in Kyiv: Nighttime Russian air campaign terrorizes citizens in Ukrainian capital
Drought-struck Barcelona quenches thirst with costly desalination
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
66,000% upside on tiny biotech? (Ad)
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
66,000% upside on tiny biotech? (Ad)
Sleepless in Kyiv: Nighttime Russian air campaign terrorizes citizens in Ukrainian capital
Drought-struck Barcelona quenches thirst with costly desalination
NASDAQ:CLMT

Calumet Specialty Products Partners (CLMT) Stock Forecast, Price & News

$16.55
+0.65 (+4.09%)
(As of 05/26/2023 08:46 PM ET)
Compare
Today's Range
$16.00
$16.84
50-Day Range
$15.90
$18.09
52-Week Range
$8.40
$20.50
Volume
191,400 shs
Average Volume
95,678 shs
Market Capitalization
$1.32 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$21.88

Calumet Specialty Products Partners MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
32.2% Upside
$21.88 Price Target
Short Interest
Bearish
0.96% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.07mentions of Calumet Specialty Products Partners in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$217,492 Sold Last Quarter
Proj. Earnings Growth
98.04%
From $1.02 to $2.02 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.32 out of 5 stars

Oils/Energy Sector

138th out of 249 stocks

Petroleum Refining Industry

13th out of 18 stocks


CLMT stock logo

About Calumet Specialty Products Partners (NASDAQ:CLMT) Stock

Calumet Specialty Products Partners LP engages in the production of specialty hydrocarbon products. It operates through the following segments: Specialty Products, Fuel Products and Corporate. The Specialty Products segment produces lubricating oils, solvents, waxes, synthetic lubricants and other products. The Fuel Products segment is involved in the processing of crude oil into fuel and fuel-related products, including unleaded gasoline, diesel, and jet fuel, asphalt and other products. The Corporate segment consists of general and administrative expenses not allocated to the specialty products or fuel products segments. The company was founded on September 27, 2005 and is headquartered in Indianapolis, IN.

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CLMT Stock News Headlines

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CLMT Company Calendar

Last Earnings
3/15/2023
Today
5/28/2023
Next Earnings (Estimated)
8/04/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Petroleum refining
Sub-Industry
N/A
Current Symbol
NASDAQ:CLMT
Employees
1,530
Year Founded
1916

Price Target and Rating

Average Stock Price Forecast
$21.88
High Stock Price Forecast
$25.00
Low Stock Price Forecast
$19.50
Forecasted Upside/Downside
+32.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$-165,100,000.00
Pretax Margin
-1.17%

Debt

Sales & Book Value

Annual Sales
$4.69 billion
Cash Flow
$1.48 per share
Book Value
($6.59) per share

Miscellaneous

Free Float
77,631,000
Market Cap
$1.32 billion
Optionable
Optionable
Beta
2.03

Social Links


Key Executives

  • Louis Todd Borgmann
    Chief Executive Officer
  • Vincent Donargo
    Chief Financial Officer & Executive Vice President
  • Gregory J. Morical
    Secretary, Vice President & General Counsel
  • Bruce A. Fleming
    EVP-Montana Renewables & Corporate Development
  • Scott Obermeier
    Executive VP-Specialties













CLMT Stock - Frequently Asked Questions

Should I buy or sell Calumet Specialty Products Partners stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Calumet Specialty Products Partners in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CLMT shares.
View CLMT analyst ratings
or view top-rated stocks.

What is Calumet Specialty Products Partners' stock price forecast for 2023?

4 analysts have issued 1-year price targets for Calumet Specialty Products Partners' stock. Their CLMT share price forecasts range from $19.50 to $25.00. On average, they anticipate the company's stock price to reach $21.88 in the next twelve months. This suggests a possible upside of 32.2% from the stock's current price.
View analysts price targets for CLMT
or view top-rated stocks among Wall Street analysts.

How have CLMT shares performed in 2023?

Calumet Specialty Products Partners' stock was trading at $16.88 at the beginning of the year. Since then, CLMT stock has decreased by 2.0% and is now trading at $16.55.
View the best growth stocks for 2023 here
.

When is Calumet Specialty Products Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023.
View our CLMT earnings forecast
.

How were Calumet Specialty Products Partners' earnings last quarter?

Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) posted its earnings results on Wednesday, March, 15th. The oil and gas company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.04) by $0.17. The oil and gas company earned $999.80 million during the quarter, compared to analyst estimates of $984.85 million. Calumet Specialty Products Partners had a negative net margin of 0.90% and a negative trailing twelve-month return on equity of 14.95%.

What is Tim Go's approval rating as Calumet Specialty Products Partners' CEO?

18 employees have rated Calumet Specialty Products Partners Chief Executive Officer Tim Go on Glassdoor.com. Tim Go has an approval rating of 42% among the company's employees. This puts Tim Go in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Calumet Specialty Products Partners own?
What is Calumet Specialty Products Partners' stock symbol?

Calumet Specialty Products Partners trades on the NASDAQ under the ticker symbol "CLMT."

Who are Calumet Specialty Products Partners' major shareholders?

Calumet Specialty Products Partners' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Susquehanna International Group LLP (0.00%), FMR LLC (0.77%), Raymond James & Associates (0.37%), Springhouse Capital Management LP (0.18%), LPL Financial LLC (0.18%) and Column Capital Advisors LLC (0.08%). Insiders that own company stock include Daniel J Sajkowski, James S Carter, Louis Todd Borgmann, Ryan Willman, Scott Obermeier and Stephen P Mawer.
View institutional ownership trends
.

How do I buy shares of Calumet Specialty Products Partners?

Shares of CLMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Calumet Specialty Products Partners' stock price today?

One share of CLMT stock can currently be purchased for approximately $16.55.

How much money does Calumet Specialty Products Partners make?

Calumet Specialty Products Partners (NASDAQ:CLMT) has a market capitalization of $1.32 billion and generates $4.69 billion in revenue each year. The oil and gas company earns $-165,100,000.00 in net income (profit) each year or ($0.51) on an earnings per share basis.

How many employees does Calumet Specialty Products Partners have?

The company employs 1,530 workers across the globe.

Does Calumet Specialty Products Partners have any subsidiaries?
The following companies are subsidiares of Calumet Specialty Products Partners: Anchor Drilling Fluids USA, Bel-Ray, Bel-Ray Company LLC, Bel-Ray Company Pty Limited, Biosynthetic Technologies, Calumet Africa Proprietary Limited, Calumet Branded Products LLC, Calumet Cotton Valley Refining LLC, Calumet Dickinson Refining LLC, Calumet Finance Corp., Calumet International Inc., Calumet Karns City Refining LLC, Calumet Mexico LLC, Calumet Missouri LLC, Calumet Montana Refining LLC, Calumet Operating LLC, Calumet Princeton Refining LLC, Calumet Refining LLC, Calumet San Antonio Refining LLC, Calumet Shreveport Refining LLC, Calumet Specialty Oils de Mexico S. de R.L. de C.V., Calumet Specialty Products Canada ULC, Kurlin Company LLC, Montana Renewables, Penreco, Royal Purple, Specialty Oil Field Solutions, TruSouth Oil, and United Petroleum Company.
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How can I contact Calumet Specialty Products Partners?

Calumet Specialty Products Partners' mailing address is 2780 WATERFRONT PARKWAY EAST DRIVE SUITE 200, INDIANAPOLIS IN, 46214. The official website for the company is www.calumetspecialty.com. The oil and gas company can be reached via phone at (317) 328-5660, via email at investorrelations@clmt.com, or via fax at 317-328-2359.

This page (NASDAQ:CLMT) was last updated on 5/29/2023 by MarketBeat.com Staff

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