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 shares have increased by 21.1% and is now trading at $2.6999. 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) issued its earnings results on Thursday, May, 7th. The oil and gas company reported $0.28 earnings per share 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 analysts have issued 1-year price targets for Calumet Specialty Products Partners, L.P's stock. Their forecasts range from $1.00 to $1.00. On average, they anticipate 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 63.0%. View analysts' price targets for Calumet Specialty Products Partners, L.P.

Headlines about CLMT stock have trended negative on Wednesday, according to InfoTrie. InfoTrie ranks the sentiment of 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 five, with scores closest to five being the most favorable. Calumet Specialty Products Partners, L.P earned a news impact score of -2.0 on InfoTrie's scale. They also gave headlines about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely 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 decrease in short interest in June. As of June 30th, there was short interest totaling 668,200 shares, a decrease of 13.4% from the June 15th total of 771,600 shares. Based on an average daily volume of 293,400 shares, the days-to-cover ratio is presently 2.3 days. Approximately 1.1% of the company's shares 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."

Calumet Specialty Products Partners, L.P's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Mount Yale Investment Advisors LLC (0.06%). 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 bought by a variety of institutional investors in the last quarter, including Mount Yale Investment Advisors LLC. 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 $2.70.

Calumet Specialty Products Partners, L.P has a market capitalization of $210.47 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]