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

$2.71
+0.07 (+2.65 %)
(As of 06/3/2020 04:00 PM ET)
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Today's Range
$2.65
Now: $2.71
$2.79
50-Day Range
$1.41
MA: $2.03
$2.69
52-Week Range
$0.82
Now: $2.71
$5.00
Volume162,375 shs
Average Volume214,536 shs
Market Capitalization$211.27 million
P/E RatioN/A
Dividend YieldN/A
Beta3.19
Calumet Specialty Products Partners, L.P. produces and sells specialty hydrocarbon products in North America and internationally. It operates in two segments, Specialty Products and Fuel Products. The Specialty Products segment offers various lubricating oils, white mineral oils, solvents, petrolatums, waxes, synthetic lubricants, and other products which are used primarily as raw material components for basic automotive, industrial, and consumer goods. The Fuel Products segment provides fuel and fuel-related products, including gasoline, diesel, jet fuel, asphalt, and heavy fuel oils, as well as resells purchased crude oil to third party customers. 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.
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Calumet Specialty Products Partners, L.P logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.0Community Rank: 1.9Dividend Strength: 0.8Insider Behavior: 3.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.47 out of 5 stars


Industry, Sector and Symbol

Industry Petroleum refining
Sub-IndustryN/A
Current SymbolNASDAQ:CLMT
CUSIPN/A
Phone317-328-5660

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.45 billion
Cash Flow$1.13 per share
Book Value$0.12 per share

Profitability

Net Income$-43,600,000.00

Miscellaneous

Employees1,500
Market Cap$211.27 million
Next Earnings Date8/13/2020 (Estimated)
OptionableOptionable

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Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) Frequently Asked Questions

How has Calumet Specialty Products Partners, L.P's stock been impacted by COVID-19 (Coronavirus)?

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. Since then, CLMT shares have increased by 21.5% and is now trading at $2.71. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Calumet Specialty Products Partners, L.P?

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.

When is Calumet Specialty Products Partners, L.P's next earnings date?

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.

How were Calumet Specialty Products Partners, L.P's earnings last quarter?

Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) issued its quarterly earnings results on Thursday, May, 7th. The oil and gas company reported $0.28 earnings per share 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 analysts' expectations 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.

What price target have analysts set for CLMT?

2 brokers have issued 12-month price objectives for Calumet Specialty Products Partners, L.P's shares. Their forecasts range from $1.00 to $1.00. On average, they expect 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 63.1%. View analysts' price targets for Calumet Specialty Products Partners, L.P.

Has Calumet Specialty Products Partners, L.P been receiving favorable news coverage?

Headlines about CLMT stock have been trending somewhat negative recently, according to InfoTrie. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Calumet Specialty Products Partners, L.P earned a news impact score of -1.4 on InfoTrie's scale. They also gave news headlines about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutCalumet Specialty Products Partners, L.P.

Are investors shorting Calumet Specialty Products Partners, L.P?

Calumet Specialty Products Partners, L.P saw a decrease in short interest in 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 daily volume of 347,900 shares, the short-interest ratio is currently 2.2 days. Approximately 1.2% of the shares of the stock are short sold. View Calumet Specialty Products Partners, L.P's Current Options Chain.

Who are some of Calumet Specialty Products Partners, L.P's key competitors?

What other stocks do shareholders of Calumet Specialty Products Partners, L.P own?

Who are Calumet Specialty Products Partners, L.P's key executives?

Calumet Specialty Products Partners, L.P's management team includes the following people:
  • Mr. Timothy Go, Chief Exec. Officer of Calumet GP, LLC (Age 52)
  • Mr. F. William Grube, Exec. Vice Chairman of Calumet GP, LLC (Age 71)
  • Mr. David West Griffin, Exec. VP & CFO of Calumet GP, LLC (Age 58)
  • Mr. William A. Anderson, Exec. VP of Sales - Calumet GP LLC (Age 51)
  • Mr. Bruce A. Fleming, Exec. VP of Strategy & Growth - Calumet GP, LLC (Age 62)

What is Calumet Specialty Products Partners, L.P's stock symbol?

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

Who are Calumet Specialty Products Partners, L.P's major shareholders?

Calumet Specialty Products Partners, L.P's stock is owned by a number of retail and institutional 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.

Which institutional investors are selling Calumet Specialty Products Partners, L.P stock?

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.

Which institutional investors are buying Calumet Specialty Products Partners, L.P stock?

CLMT stock was bought 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.

How do I buy shares of 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.

What is Calumet Specialty Products Partners, L.P's stock price today?

One share of CLMT stock can currently be purchased for approximately $2.71.

How big of a company is Calumet Specialty Products Partners, L.P?

Calumet Specialty Products Partners, L.P has a market capitalization of $211.27 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.

What is Calumet Specialty Products Partners, L.P's official website?

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

How can I contact Calumet Specialty Products Partners, L.P?

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]

This page was last updated on 6/4/2020 by MarketBeat.com Staff

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