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 increased by 20.6% and is now trading at $2.69. 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, beating analysts' consensus estimates of ($0.17) by $0.45. The oil and gas company earned $692.60 million during the quarter, compared to the consensus estimate of $785.30 million. Calumet Specialty Products Partners, L.P had a negative net margin of 2.26% and a negative return on equity of 107.75%. View Calumet Specialty Products Partners, L.P's earnings history.

2 brokers have issued 1 year price objectives for Calumet Specialty Products Partners, L.P's shares. Their forecasts range from $1.00 to $1.00. On average, they anticipate 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 62.8%. View analysts' price targets for Calumet Specialty Products Partners, L.P.

News headlines about CLMT stock have trended positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded 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 sentiment score of 2.4 on InfoTrie's scale. They also assigned news stories 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 effect on the stock's share price in the next few days. View the latest news aboutCalumet Specialty Products Partners, L.P.

Calumet Specialty Products Partners, L.P saw a drop in short interest in May. As of May 15th, there was short interest totaling 767,200 shares, a drop of 11.3% from the April 30th total of 864,500 shares. Based on an average daily trading volume, of 347,900 shares, the days-to-cover ratio is presently 2.2 days. Currently, 1.2% of the shares of the stock 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), Hess (HES), Repsol (REPYY), 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 number of institutional and retail investors. Top institutional shareholders 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 purchased 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 $2.69.

Calumet Specialty Products Partners, L.P has a market capitalization of $209.70 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]