NASDAQ:CLMT - Calumet Specialty Products Partners, L.P Stock Price, News, & Analysis

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$3.06 +0.01 (+0.33 %)
(As of 12/11/2018 10:20 AM ET)
Previous Close$3.05
Today's Range$3.0251 - $3.10
52-Week Range$2.87 - $9.35
Volume10,824 shs
Average Volume392,465 shs
Market Capitalization$244.55 million
P/E Ratio-5.46
Dividend YieldN/A
Beta1.51
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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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Petroleum refining
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNASDAQ:CLMT
Previous Symbol
CUSIPN/A
Phone317-328-5660

Debt

Debt-to-Equity Ratio41.13
Current Ratio1.41
Quick Ratio0.71

Price-To-Earnings

Trailing P/E Ratio-5.46
Forward P/E Ratio-13.30
P/E GrowthN/A

Sales & Book Value

Annual Sales$3.76 billion
Price / Sales0.06
Cash Flow$1.70 per share
Price / Cash Flow1.80
Book Value$1.38 per share
Price / Book2.22

Profitability

EPS (Most Recent Fiscal Year)($0.56)
Net Income$-103,800,000.00
Net Margins-3.90%
Return on Equity-45.78%
Return on Assets-1.43%

Miscellaneous

Employees1,600
Outstanding Shares77,140,000
Market Cap$244.55 million
OptionableOptionable

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

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."

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

Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) posted its earnings results on Friday, November, 9th. The oil and gas company reported ($0.09) EPS for the quarter, beating analysts' consensus estimates of ($0.13) by $0.04. The oil and gas company earned $953.50 million during the quarter, compared to the consensus estimate of $794.60 million. Calumet Specialty Products Partners, L.P had a negative return on equity of 45.78% and a negative net margin of 3.90%. View Calumet Specialty Products Partners, L.P's Earnings History.

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

Calumet Specialty Products Partners, L.P is scheduled to release their next quarterly earnings announcement on Thursday, March 14th 2019. View Earnings Estimates for Calumet Specialty Products Partners, L.P.

What price target have analysts set for CLMT?

1 equities research analysts have issued 12-month target prices for Calumet Specialty Products Partners, L.P's shares. Their forecasts range from $5.00 to $5.00. On average, they anticipate Calumet Specialty Products Partners, L.P's share price to reach $5.00 in the next twelve months. This suggests a possible upside of 63.4% from the stock's current price. View Analyst Price Targets for Calumet Specialty Products Partners, L.P.

What is the consensus analysts' recommendation for Calumet Specialty Products Partners, L.P?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Calumet Specialty Products Partners, L.P in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Calumet Specialty Products Partners, L.P.

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

News articles about CLMT stock have trended somewhat positive recently, according to InfoTrie. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Calumet Specialty Products Partners, L.P earned a news sentiment score of 1.5 on InfoTrie's scale. They also assigned news headlines about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next few days.

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

Calumet Specialty Products Partners, L.P saw a increase in short interest in the month of November. As of November 15th, there was short interest totalling 927,524 shares, an increase of 55.2% from the October 31st total of 597,691 shares. Based on an average trading volume of 449,732 shares, the days-to-cover ratio is presently 2.1 days. Approximately 1.6% of the shares of the stock are sold short. View Calumet Specialty Products Partners, L.P's Current Options Chain.

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

Some companies that are related to Calumet Specialty Products Partners, L.P include BP Prudhoe Bay Royalty Trust (BPT), Trecora Resources (TREC), Vertex Energy (VTNR), Andeavor (ANDV), Fuel Performance Solutions (IFUE) and Statoil (STO).

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

Calumet Specialty Products Partners, L.P's management team includes the folowing people:
  • Mr. Timothy Go, Chief Exec. Officer of Calumet GP, LLC (Age 51)
  • Mr. F. William Grube, Exec. Vice Chairman of Calumet GP, LLC (Age 70)
  • Mr. David West Griffin, Exec. VP & CFO of Calumet GP, LLC (Age 57)
  • Mr. William A. Anderson, Exec. VP of Sales - Calumet GP LLC (Age 50)
  • Mr. Bruce A. Fleming, Exec. VP of Strategy & Growth - Calumet GP, LLC (Age 61)

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

Calumet Specialty Products Partners, L.P's stock is owned by many different of institutional and retail investors. Top institutional investors include Morgan Stanley (1.29%), Barnett & Company Inc. (0.53%), Wells Fargo & Company MN (0.49%), Renaissance Technologies LLC (0.27%), GSA Capital Partners LLP (0.26%) and JPMorgan Chase & Co. (0.13%). Company insiders that own Calumet Specialty Products Partners, L.P stock include A Anderson William, David West Griffin, James S Carter, Stephen P Mawer 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 Renaissance Technologies LLC, Morgan Stanley and GSA Capital Partners LLP. View Insider Buying and Selling for Calumet Specialty Products Partners, L.P.

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

CLMT stock was acquired by a variety of institutional investors in the last quarter, including Barnett & Company Inc., Credit Suisse AG, Creative Planning, Stratos Wealth Partners LTD., JPMorgan Chase & Co. and Wells Fargo & Company MN. Company insiders that have bought Calumet Specialty Products Partners, L.P stock in the last two years include A Anderson William, David West Griffin, James S Carter, Stephen P Mawer and Timothy Go. View Insider Buying and Selling 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, Scottrade, 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 $3.06.

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

Calumet Specialty Products Partners, L.P has a market capitalization of $244.55 million and generates $3.76 billion in revenue each year. The oil and gas company earns $-103,800,000.00 in net income (profit) each year or ($0.56) on an earnings per share basis. Calumet Specialty Products Partners, L.P employs 1,600 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 http://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]


MarketBeat Community Rating for Calumet Specialty Products Partners, L.P (NASDAQ CLMT)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  214 (Vote Outperform)
Underperform Votes:  363 (Vote Underperform)
Total Votes:  577
MarketBeat's community ratings are surveys of what our community members think about Calumet Specialty Products Partners, L.P and other stocks. Vote "Outperform" if you believe CLMT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CLMT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/11/2018 by MarketBeat.com Staff

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