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 Coronavirus reached pandemic status according to the World Health Organization. Since then, CLMT stock has 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) released its quarterly earnings data on Thursday, May, 7th. The oil and gas company reported $0.28 earnings per share (EPS) for the quarter, topping the 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 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 analysts 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 year. This suggests that the stock has a possible downside of 53.1%. View analysts' price targets for Calumet Specialty Products Partners, L.P.

News headlines about CLMT stock have trended somewhat positive recently, InfoTrie reports. The research firm scores the sentiment of press 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 media sentiment score of 1.9 on InfoTrie's scale. They also assigned media headlines about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about Calumet Specialty Products Partners, L.P.

Calumet Specialty Products Partners, L.P saw a increase in short interest during 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 daily trading volume, of 354,800 shares, the short-interest ratio is currently 2.2 days. Currently, 1.2% of the company's 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), 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]