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

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$3.14 -0.03 (-0.95 %)
(As of 02/20/2019 04:00 PM ET)
Previous Close$3.17
Today's Range$3.0781 - $3.28
52-Week Range$1.99 - $8.75
Volume230,381 shs
Average Volume223,567 shs
Market Capitalization$242.23 million
P/E Ratio-5.61
Dividend YieldN/A
Beta2.26
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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.76 billion
Cash Flow$1.7542 per share
Book Value$1.38 per share

Profitability

Net Income$-103,800,000.00

Miscellaneous

Employees1,600
Market Cap$242.23 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) announced its earnings results on Thursday, August, 9th. The oil and gas company reported $0.09 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.08 by $0.01. The oil and gas company had revenue of $945.50 million for the quarter, compared to analyst estimates of $829.99 million. Calumet Specialty Products Partners, L.P had a negative net margin of 3.90% and a negative return on equity of 45.78%. 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 brokers have issued twelve-month price objectives for Calumet Specialty Products Partners, L.P's stock. Their predictions 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 59.2% 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 coverage about CLMT stock has trended neutral on Wednesday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news 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 daily sentiment score of 0.3 on InfoTrie's scale. They also gave media coverage about the oil and gas company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the immediate future.

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

Calumet Specialty Products Partners, L.P saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 1,383,984 shares, an increase of 57.0% from the December 31st total of 881,441 shares. Based on an average daily volume of 342,380 shares, the days-to-cover ratio is presently 4.0 days. Currently, 2.3% of the company's 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 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)

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 of retail and institutional investors. Top institutional shareholders include Adams Asset Advisors LLC (4.12%), Knott David M (1.99%), SCW Capital Management LP (1.66%), Windsor Group LTD (0.59%), Barnett & Company Inc. (0.49%) and Intrinsic Edge Capital Management LLC (0.32%). 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 GSA Capital Partners LLP, Barnett & Company Inc., Geode Capital Management LLC, Raymond James & Associates, Stratos Wealth Partners LTD. and Eqis Capital Management Inc.. 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 Adams Asset Advisors LLC, SCW Capital Management LP, Intrinsic Edge Capital Management LLC, Knott David M, Wedbush Securities Inc., Wiley BROS. Aintree Capital LLC, Stifel Financial Corp 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, 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 $3.14.

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

Calumet Specialty Products Partners, L.P has a market capitalization of $242.23 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:  220 (Vote Outperform)
Underperform Votes:  371 (Vote Underperform)
Total Votes:  591
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 2/20/2019 by MarketBeat.com Staff

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