Calumet Specialty Products Partners Stock Price, News & Analysis (NASDAQ:CLMT) $17.52 -0.11 (-0.62%) (As of 12/4/2023 ET) Add Compare Share Share Today's Range$17.27▼$17.7550-Day Range$12.91▼$19.2252-Week Range$11.91▼$20.25Volume39,212 shsAverage Volume101,203 shsMarket Capitalization$1.40 billionP/E Ratio33.69Dividend YieldN/APrice Target$20.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Calumet Specialty Products Partners MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside17.0% Upside$20.50 Price TargetShort InterestHealthy0.63% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.48Based on 2 Articles This WeekInsider TradingSelling Shares$19,000 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.38) to $1.15 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.70 out of 5 starsOils/Energy Sector184th out of 225 stocksPetroleum Refining Industry13th out of 17 stocks 2.3 Analyst's Opinion Consensus RatingCalumet Specialty Products Partners has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.50, Calumet Specialty Products Partners has a forecasted upside of 17.0% from its current price of $17.52.Amount of Analyst CoverageCalumet Specialty Products Partners has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.63% of the float of Calumet Specialty Products Partners has been sold short.Short Interest Ratio / Days to CoverCalumet Specialty Products Partners has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Calumet Specialty Products Partners has recently increased by 25.68%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCalumet Specialty Products Partners does not currently pay a dividend.Dividend GrowthCalumet Specialty Products Partners does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CLMT. Previous Next 1.9 News and Social Media Coverage News SentimentCalumet Specialty Products Partners has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Calumet Specialty Products Partners this week, compared to 2 articles on an average week.Search Interest1 people have searched for CLMT on MarketBeat in the last 30 days. MarketBeat FollowsOnly 3 people have added Calumet Specialty Products Partners to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Calumet Specialty Products Partners insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $19,000.00 in company stock.Percentage Held by InsidersOnly 2.91% of the stock of Calumet Specialty Products Partners is held by insiders.Percentage Held by InstitutionsOnly 19.96% of the stock of Calumet Specialty Products Partners is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Calumet Specialty Products Partners are expected to grow in the coming year, from ($0.38) to $1.15 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Calumet Specialty Products Partners is 33.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.33.Price to Earnings Ratio vs. SectorThe P/E ratio of Calumet Specialty Products Partners is 33.69, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.03. Previous Next See Top Rated MarketRank™ Stocks Here About Calumet Specialty Products Partners Stock (NASDAQ:CLMT)Calumet Specialty Products Partners, L.P. manufactures, formulates, and markets slate of specialty branded products to various consumer-facing and industrial markets in North America and internationally. Its Specialty Products and Solutions segment offers various solvents, waxes, customized lubricating oils, white oils, petrolatums, gels, esters, and other products. The company's Montana/Renewables segment focuses on processing renewable feedstocks into renewable diesel, sustainable aviation fuel, renewable hydrogen, renewable natural gas, renewable propane, and renewable naphtha. This segment also processes Canadian crude oil into conventional gasoline, diesel, jet fuel, and specialty grades of asphalt. Its Performance Brands segment blends, packages, and markets high performance products through Royal Purple, Bel-Ray, and TruFuel brands. Calumet GP, LLC serves as the general partner for Calumet Specialty Products Partners, L.P. The company was founded in 1916 and is headquartered in Indianapolis, Indiana.Read More CLMT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CLMT Stock News HeadlinesDecember 1, 2023 | finance.yahoo.comOperational Update: Calumet Announces Montana Renewables Returns to Full OperationsNovember 27, 2023 | benzinga.comCalumet to Attend Bank of America Leveraged Finance ConferenceDecember 5, 2023 | Edge On The Street (Ad)U.S. Military Defense Fails Without Vanadium?The metal vanadium is needed for numerous military applications, including jet engines, airframes, and ballistic missiles. And although the U.S. Govt. considers vanadium critical to national security, less than 5% of the metal is mined in America. This means we're at the mercy of China and Russia for our supply. November 26, 2023 | americanbankingnews.comCalumet Specialty Products Partners (NASDAQ:CLMT) Trading Down 2%November 19, 2023 | seekingalpha.comCalumet Specialty Products Reached The Final Financial TurnNovember 11, 2023 | finance.yahoo.comCalumet Specialty Products Partners, L.P. (NASDAQ:CLMT) Q3 2023 Earnings Call TranscriptNovember 10, 2023 | finance.yahoo.comQ3 2023 Calumet Specialty Products Partners LP Earnings CallNovember 9, 2023 | finance.yahoo.comCalumet Specialty Products Partners LP (CLMT) Reports Mixed Q3 Results Amid Operational ChallengesDecember 5, 2023 | Edge On The Street (Ad)U.S. Military Defense Fails Without Vanadium?The metal vanadium is needed for numerous military applications, including jet engines, airframes, and ballistic missiles. And although the U.S. Govt. considers vanadium critical to national security, less than 5% of the metal is mined in America. This means we're at the mercy of China and Russia for our supply. November 9, 2023 | benzinga.comCalumet Sees Q3 Profits Soar Despite Shreveport And Montana Issues, Shares RallyNovember 9, 2023 | seekingalpha.comCalumet Specialty Products Partners, L.P. 2023 Q3 - Results - Earnings Call PresentationNovember 9, 2023 | finance.yahoo.comCalumet Specialty Products Partners, L.P. Announces Corporate TransitionNovember 9, 2023 | finance.yahoo.comCalumet Specialty Products Partners, L.P. Reports Third Quarter 2023 ResultsNovember 1, 2023 | msn.comGoldman Sachs Maintains Calumet Specialty Products Partners L.P. - Unit (CLMT) Buy RecommendationOctober 30, 2023 | finance.yahoo.comCalumet Specialty Products Partners, L.P. to Release Third Quarter 2023 Results on November 9, 2023October 22, 2023 | msn.comCalumet Specialty completes Shreveport maintenance work, decides to replace steam drum in MontanaOctober 20, 2023 | finance.yahoo.comCalumet Provides Operational UpdateOctober 20, 2023 | finance.yahoo.comCalumet's Shreveport facility maintenance leads to lower sale volumesOctober 10, 2023 | finance.yahoo.comCalumet Announces New Inventory Financing Agreement for Montana RenewablesSeptember 18, 2023 | finance.yahoo.comMontana Renewables Receives First Camelina OilSeptember 13, 2023 | finance.yahoo.comCalumet CFO Vince Donargo to retire in April 2024, David Lunin joins as CFO DesignateSeptember 8, 2023 | finance.yahoo.comCalumet Specialty Products Partners LP (CLMT): An In-Depth Look at Its Significant OvervaluationAugust 31, 2023 | finance.yahoo.comCalumet says leak at Montana hydrogen plant to impact throughputAugust 31, 2023 | finance.yahoo.comCalumet Provides Operational Update for Montana Renewables LLCAugust 30, 2023 | benzinga.comCalumet to Attend Barclays CEO Energy - Power ConferenceAugust 26, 2023 | seekingalpha.comWayne Gretzky Investing: Modeling Calumet Specialty ProductsAugust 26, 2023 | seekingalpha.comCalumet Specialty: Not An Appropriate Time To EnterSee More Headlines Receive CLMT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Calumet Specialty Products Partners and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/09/2023Today12/04/2023Fiscal Year End12/31/2023Next Earnings (Estimated)3/20/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Petroleum refining Sub-IndustryN/A SectorOils/Energy Current SymbolNASDAQ:CLMT CUSIPN/A CIK1340122 Webwww.calumetspecialty.com Phone(317) 328-5660Fax317-328-2359Employees1,530Year Founded1916Price Target and Rating Average Stock Price Target$20.50 High Stock Price Target$25.00 Low Stock Price Target$17.00 Potential Upside/Downside+17.0%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.52 Trailing P/E Ratio33.69 Forward P/E RatioN/A P/E GrowthN/ANet Income$-165,100,000.00 Net Margins1.01% Pretax Margin0.50% Return on Equity-4.22% Return on Assets-0.78% Debt Debt-to-Equity RatioN/A Current Ratio0.65 Quick Ratio0.31 Sales & Book Value Annual Sales$4.69 billion Price / Sales0.30 Cash Flow$1.47 per share Price / Cash Flow11.90 Book Value($6.80) per share Price / Book-2.58Miscellaneous Outstanding Shares79,970,000Free Float77,640,000Market Cap$1.40 billion OptionableOptionable Beta1.99 Social Links (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Louis Todd Borgmann (Age 40)CEO of Calumet GP, LLC Comp: $1.87MMr. Vincent Donargo (Age 62)Executive VP & CFO Comp: $1.11MMr. Gregory J. Morical (Age 54)VP, General Counsel & Secretary Comp: $765.33kMr. Bruce A. Fleming (Age 66)Executive Vice President of Montana Renewables & Corporate Development of Calumet GP, LLC Comp: $1.48MMr. Scott Obermeier (Age 49)Executive Vice President of Specialties of Calumet GP, LLC Comp: $1.03MMr. Ryan A. Willman (Age 45)Chief Accounting Officer & Principal Accounting Officer of Calumet GP, LLC Brad McMurrayDirector of Investor RelationsMr. David LuninExecutive Vice PresidentMr. Chris HodgesAlpha IRMore ExecutivesKey CompetitorsDelek USNYSE:DKCVR EnergyNYSE:CVISunocoNYSE:SUNPBF EnergyNYSE:PBFHelix Energy Solutions GroupNYSE:HLXView All CompetitorsInsiders & InstitutionsWolverine Trading LLCBought 146,600 shares on 11/16/2023Ownership: 0.000%GTS Securities LLCBought 29,800 shares on 11/16/2023Ownership: 0.000%Royal Bank of CanadaBought 3,476 shares on 11/15/2023Ownership: 0.393%GSA Capital Partners LLPSold 7,230 shares on 11/15/2023Ownership: 0.013%Group One Trading L.P.Bought 4,700 shares on 11/9/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions CLMT Stock Analysis - Frequently Asked Questions Should I buy or sell Calumet Specialty Products Partners stock right now? 3 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 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CLMT shares. View CLMT analyst ratings or view top-rated stocks. What is Calumet Specialty Products Partners' stock price target for 2024? 3 brokers have issued 1 year price targets for Calumet Specialty Products Partners' stock. Their CLMT share price targets range from $17.00 to $25.00. On average, they predict the company's stock price to reach $20.50 in the next year. This suggests a possible upside of 17.0% 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 start of the year. Since then, CLMT stock has increased by 3.8% and is now trading at $17.52. View the best growth stocks for 2023 here. Are investors shorting Calumet Specialty Products Partners? Calumet Specialty Products Partners saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 367,500 shares, an increase of 25.7% from the October 31st total of 292,400 shares. Based on an average daily trading volume, of 125,900 shares, the days-to-cover ratio is presently 2.9 days. Approximately 0.6% of the shares of the company are sold short. View Calumet Specialty Products Partners' Short Interest. When is Calumet Specialty Products Partners' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 20th 2024. View our CLMT earnings forecast. How were Calumet Specialty Products Partners' earnings last quarter? Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) posted its quarterly earnings data on Thursday, November, 9th. The oil and gas company reported $0.03 EPS for the quarter, topping the consensus estimate of ($0.13) by $0.16. The oil and gas company earned $1.15 billion during the quarter, compared to analyst estimates of $1.03 billion. Calumet Specialty Products Partners had a net margin of 1.01% and a negative trailing twelve-month return on equity of 4.22%. 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? Based on aggregate information from My MarketBeat watchlists, some companies that other Calumet Specialty Products Partners investors own include Chembio Diagnostics (CEMI), Prospect Capital (PSEC), Two Harbors Investment (TWO), BlackRock Capital Investment (BKCC), NovoCure (NVCR), Summit Midstream Partners (SMLP), Viper Energy (VNOM), Washington Prime Group (WPG), Roper Technologies (ROP) and New Residential Investment (NRZ). Who are Calumet Specialty Products Partners' major shareholders? Calumet Specialty Products Partners' stock is owned by many different retail and institutional investors. Top institutional investors include F M Investments LLC (0.69%), Raymond James & Associates (0.41%), Royal Bank of Canada (0.39%), Barnett & Company Inc. (0.36%), Wolverine Trading LLC (0.00%) and Barclays PLC (0.25%). 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. 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.Read More This page (NASDAQ:CLMT) was last updated on 12/5/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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