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 reached pandemic status according to the World Health Organization. Since then, CLMT shares have increased by 15.2% and is now trading at $2.57. 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) announced its quarterly earnings data on Thursday, May, 7th. The oil and gas company reported $0.28 EPS for the quarter, topping the consensus estimate of ($0.17) by $0.45. The oil and gas company earned $692.60 million during the quarter, compared to analyst estimates 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 equities research analysts have issued 1-year target prices for Calumet Specialty Products Partners, L.P's stock. Their forecasts range from $1.00 to $1.00. On average, they expect Calumet Specialty Products Partners, L.P's share price to reach $1.00 in the next twelve months. This suggests that the stock has a possible downside of 61.1%. View analysts' price targets for Calumet Specialty Products Partners, L.P.

Headlines about CLMT stock have trended somewhat negative recently, according to InfoTrie. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public 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 -1.1 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 media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutCalumet Specialty Products Partners, L.P.

Calumet Specialty Products Partners, L.P saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 767,200 shares, a decrease of 11.3% from the April 30th total of 864,500 shares. Based on an average trading volume of 347,900 shares, the short-interest ratio is currently 2.2 days. Currently, 1.2% of the shares of the company are short sold. 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), Valero Energy (VLO), Suncor Energy (SU), Marathon Petroleum (MPC), Repsol (REPYY), Hess (HES), HollyFrontier (HFC) and CVR Energy (CVI). 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."

Calumet Specialty Products Partners, L.P's stock is owned by a variety of institutional and retail investors. Top institutional investors include Adams Asset Advisors LLC (5.57%), Adams Asset Advisors LLC (5.24%), Morgan Stanley (0.73%), Barnett & Company Inc. (0.50%), Windsor Group LTD (0.26%) and Wells Fargo & Company MN (0.16%). Company insiders that own Calumet Specialty Products Partners, L.P stock include A Anderson William, David West Griffin, H Keith Jennings and Timothy Go. View institutional ownership trends for Calumet Specialty Products Partners, L.P.

CLMT stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Adams Asset Advisors LLC, Barnett & Company Inc., Wells Fargo & Company MN, Creative Planning, and UBS Group AG. View insider buying and selling activity for Calumet Specialty Products Partners, L.P.

CLMT stock was acquired by a variety of institutional investors in the last quarter, including Adams Asset Advisors LLC, and Windsor Group LTD. Company insiders that have bought Calumet Specialty Products Partners, L.P stock in the last two years include A Anderson William, David West Griffin, H Keith Jennings, and Timothy Go. View insider buying and selling activity for Calumet Specialty Products Partners, L.P.

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 $2.57.

Calumet Specialty Products Partners, L.P has a market capitalization of $200.36 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]