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S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
The Strategic Gold Play You Haven't Heard About (Ad)
Why do tech stocks go down when interest rates rise?
Pure Storage stock fumbles for a rare buying opportunity
All the trading advice you’ve ever received boils down to this (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
U.S. Military Defense Fails Without Vanadium? (Ad)
Bitcoin has surpassed $41,000 for the first time since April 2022. What's behind the price surge?
Doing Your Holiday Shopping? These Stocks Might Make Great Gifts
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
The Strategic Gold Play You Haven't Heard About (Ad)
Why do tech stocks go down when interest rates rise?
Pure Storage stock fumbles for a rare buying opportunity
All the trading advice you’ve ever received boils down to this (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
U.S. Military Defense Fails Without Vanadium? (Ad)
Bitcoin has surpassed $41,000 for the first time since April 2022. What's behind the price surge?
Doing Your Holiday Shopping? These Stocks Might Make Great Gifts
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
The Strategic Gold Play You Haven't Heard About (Ad)
Why do tech stocks go down when interest rates rise?
Pure Storage stock fumbles for a rare buying opportunity
All the trading advice you’ve ever received boils down to this (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
U.S. Military Defense Fails Without Vanadium? (Ad)
Bitcoin has surpassed $41,000 for the first time since April 2022. What's behind the price surge?
Doing Your Holiday Shopping? These Stocks Might Make Great Gifts

Calumet Specialty Products Partners Stock Price, News & Analysis (NASDAQ:CLMT)

$17.52
-0.11 (-0.62%)
(As of 12/4/2023 ET)
Compare
Today's Range
$17.27
$17.75
50-Day Range
$12.91
$19.22
52-Week Range
$11.91
$20.25
Volume
39,212 shs
Average Volume
101,203 shs
Market Capitalization
$1.40 billion
P/E Ratio
33.69
Dividend Yield
N/A
Price Target
$20.50

Calumet Specialty Products Partners MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
17.0% Upside
$20.50 Price Target
Short Interest
Healthy
0.63% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.48mentions of Calumet Specialty Products Partners in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$19,000 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.38) to $1.15 Per Share

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 stars

Oils/Energy Sector

184th out of 225 stocks

Petroleum Refining Industry

13th out of 17 stocks


CLMT stock logo

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.

CLMT Stock Price History

CLMT Stock News Headlines

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.
Calumet Specialty Products Partners (NASDAQ:CLMT) Trading Down 2%
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.
Calumet Provides Operational Update
Montana Renewables Receives First Camelina Oil
Calumet Specialty: Not An Appropriate Time To Enter
See More Headlines
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Company Calendar

Last Earnings
11/09/2023
Today
12/04/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
3/20/2024

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 Target
$20.50
High Stock Price Target
$25.00
Low Stock Price Target
$17.00
Potential Upside/Downside
+17.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$-165,100,000.00
Pretax Margin
0.50%

Debt

Sales & Book Value

Annual Sales
$4.69 billion
Cash Flow
$1.47 per share
Book Value
($6.80) per share

Miscellaneous

Free Float
77,640,000
Market Cap
$1.40 billion
Optionable
Optionable
Beta
1.99

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Key Executives

  • Mr. Louis Todd Borgmann (Age 40)
    CEO of Calumet GP, LLC
    Comp: $1.87M
  • Mr. Vincent Donargo (Age 62)
    Executive VP & CFO
    Comp: $1.11M
  • Mr. Gregory J. Morical (Age 54)
    VP, General Counsel & Secretary
    Comp: $765.33k
  • Mr. Bruce A. Fleming (Age 66)
    Executive Vice President of Montana Renewables & Corporate Development of Calumet GP, LLC
    Comp: $1.48M
  • Mr. Scott Obermeier (Age 49)
    Executive Vice President of Specialties of Calumet GP, LLC
    Comp: $1.03M
  • Mr. Ryan A. Willman (Age 45)
    Chief Accounting Officer & Principal Accounting Officer of Calumet GP, LLC
  • Brad McMurray
    Director of Investor Relations
  • Mr. David Lunin
    Executive Vice President
  • Mr. Chris Hodges
    Alpha IR














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?
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

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