NASDAQ:CLMTCalumet Specialty Products Partners, L.P Stock Price, Forecast & News

Calumet Specialty Products Partners, L.P's stock was trading at $2.23 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CLMT shares have decreased by 4.5% and is now trading at $2.13. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Calumet Specialty Products Partners, L.P in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Calumet Specialty Products Partners, L.P.

Calumet Specialty Products Partners, L.P is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Calumet Specialty Products Partners, L.P.

Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) issued its quarterly earnings data on Thursday, May, 7th. The oil and gas company reported $0.28 EPS for the quarter, topping the Zacks' consensus estimate of ($0.17) by $0.45. The oil and gas company had revenue of $692.60 million for the quarter, compared to the consensus estimate of $785.30 million. Calumet Specialty Products Partners, L.P had a negative return on equity of 107.75% and a negative net margin of 2.26%. View Calumet Specialty Products Partners, L.P's earnings history.

2 brokers have issued twelve-month price objectives for Calumet Specialty Products Partners, L.P's stock. Their forecasts range from $1.00 to $1.00. On average, they anticipate Calumet Specialty Products Partners, L.P's stock price to reach $1.00 in the next twelve months. This suggests that the stock has a possible downside of 53.1%. View analysts' price targets for Calumet Specialty Products Partners, L.P.

Headlines about CLMT stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Calumet Specialty Products Partners, L.P earned a news impact score of -1.3 on InfoTrie's scale. They also assigned news articles about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about Calumet Specialty Products Partners, L.P.

Calumet Specialty Products Partners, L.P saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 771,600 shares, an increase of 21.2% from the May 31st total of 636,700 shares. Based on an average trading volume of 354,800 shares, the days-to-cover ratio is presently 2.2 days. Approximately 1.2% of the shares of the company are sold short. View Calumet Specialty Products Partners, L.P's Current Options Chain.

Some companies that are related to Calumet Specialty Products Partners, L.P include Exxon Mobil (XOM), Chevron (CVX), Royal Dutch Shell (RDS.B), BP (BP), China Petroleum & Chemical (SNP), Equinor ASA (EQNR), ConocoPhillips (COP), Phillips 66 (PSX), Suncor Energy (SU), Marathon Petroleum (MPC), Valero Energy (VLO), Hess (HES), Repsol (REPYY), HollyFrontier (HFC) and YPF (YPF). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Calumet Specialty Products Partners, L.P 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 Partners (VNOM), Washington Prime Group (WPG), Roper Technologies (ROP) and New Residential Investment (NRZ).

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

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

One share of CLMT stock can currently be purchased for approximately $2.13.

Calumet Specialty Products Partners, L.P has a market capitalization of $166.05 million and generates $3.45 billion in revenue each year. The oil and gas company earns $-43,600,000.00 in net income (profit) each year or ($0.55) on an earnings per share basis. Calumet Specialty Products Partners, L.P employs 1,500 workers across the globe.

The official website for Calumet Specialty Products Partners, L.P is www.calumetspecialty.com.

Calumet Specialty Products Partners, L.P's mailing address is 2780 WATERFRONT PARKWAY EAST DRIVE SUITE 200, INDIANAPOLIS IN, 46214. The oil and gas company can be reached via phone at 317-328-5660 or via email at [email protected]