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NASDAQ:CLMT

Calumet Specialty Products Partners (CLMT) Stock Price, News & Analysis

$17.92
+0.76 (+4.43%)
(As of 02:37 PM ET)
Today's Range
$16.87
$18.10
50-Day Range
$11.26
$20.64
52-Week Range
$9.97
$21.19
Volume
553,868 shs
Average Volume
265,057 shs
Market Capitalization
$1.54 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$19.33

Calumet Specialty Products Partners MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
7.9% Upside
$19.33 Price Target
Short Interest
Bearish
3.42% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.54mentions of Calumet Specialty Products Partners in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.92) to ($0.07) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.21 out of 5 stars

Oils/Energy Sector

233rd out of 239 stocks

Petroleum Refining Industry

17th out of 17 stocks

CLMT stock logo

About Calumet Specialty Products Partners Stock (NASDAQ:CLMT)

Calumet Specialty Products Partners, L.P. manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to various consumer-facing and industrial markets in North America and internationally. It operates through Specialty Products and Solutions; Performance brands; Montana/Renewables; and Corporate segments. The Specialty Products and Solutions segment offers various solvents, waxes, customized lubricating oils, white oils, petrolatums, gels, esters, and other products. Its Montana/Renewables segment focuses on processing renewable feedstocks into renewable diesel, sustainable aviation fuel, renewable hydrogen, renewable natural gas, renewable propane, and renewable naphtha. It also processes Canadian crude oil into conventional gasoline, diesel, jet fuel, and specialty grades of asphalt. The Performance Brands segment blends, packages, and markets high performance products through Royal Purple, Bel-Ray, and TruFuel brands. The company serves wholesale distributors and retail chains. Calumet GP, LLC serves as the general partner for Calumet Specialty Products Partners, L.P. The company was founded in 1919 and is headquartered in Indianapolis, Indiana.

CLMT Stock Price History

CLMT Stock News Headlines

44-year Wall Street Vet: “Permanent devastation is coming to America”
After 44 years on Wall Street, I've seen it all... Black Monday, the Great Recession, the Covid crash. But now a looming disaster is threatening America. And it's unlike anything we've ever experienced before.
Calumet's Options Frenzy: What You Need to Know
44-year Wall Street Vet: “Permanent devastation is coming to America”
After 44 years on Wall Street, I've seen it all... Black Monday, the Great Recession, the Covid crash. But now a looming disaster is threatening America. And it's unlike anything we've ever experienced before.
Calumet, Inc.: Calumet Reports Second Quarter 2024 Results
Calumet Reports Second Quarter 2024 Results
Calumet, Inc. (CLMT)
See More Headlines
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Company Calendar

Last Earnings
8/09/2024
Today
9/16/2024
Next Earnings (Estimated)
11/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Petroleum refining
Sub-Industry
Petroleum And Natural Gas
Current Symbol
NASDAQ:CLMT
Employees
1,580
Year Founded
1916

Price Target and Rating

Average Stock Price Target
$19.33
High Stock Price Target
$25.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+7.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$48.10 million
Pretax Margin
-0.64%

Debt

Sales & Book Value

Annual Sales
$4.18 billion
Cash Flow
$1.35 per share
Book Value
($6.15) per share

Miscellaneous

Free Float
78,050,000
Market Cap
$1.54 billion
Optionable
Optionable
Beta
1.92

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Key Executives

  • Mr. Louis Todd Borgmann (Age 41)
    Chief Executive Officer of Calumet GP, LLC
    Comp: $752.04k
  • Mr. Vincent Donargo (Age 63)
    Chief Accounting Officer & Principal Accounting Officer
    Comp: $434.4k
  • Mr. Gregory J. Morical (Age 55)
    Senior VP, General Counsel & Secretary of Calumet GP, LLC
    Comp: $364.5k
  • Mr. Bruce A. Fleming (Age 67)
    Executive Vice President of Montana Renewables & Corporate Development of Calumet GP, LLC
    Comp: $483.97k
  • Mr. Scott Obermeier (Age 50)
    Executive Vice President of Specialties of Calumet GP, LLC
    Comp: $765.61k
  • Mr. David Lunin (Age 42)
    Executive VP & CFO of Calumet GP, LLC
  • Mr. John Kompa
    Director of Investor Relations
  • Mr. Chris Hodges
    Alpha IR

CLMT Stock Analysis - Frequently Asked Questions

How have CLMT shares performed this year?

Calumet Specialty Products Partners' stock was trading at $17.87 at the beginning of the year. Since then, CLMT stock has increased by 0.3% and is now trading at $17.92.
View the best growth stocks for 2024 here
.

How were Calumet Specialty Products Partners' earnings last quarter?

Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) posted its earnings results on Friday, August, 9th. The oil and gas company reported ($0.48) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.55) by $0.07. The business's quarterly revenue was up 11.4% on a year-over-year basis.

Does Calumet Specialty Products Partners have any subsidiaries?

Calumet Specialty Products Partners subsidiaries include Biosynthetic Technologies, Specialty Oil Field Solutions, Anchor Drilling Fluids USA, United Petroleum Company, Bel-Ray, Montana Renewables, Royal Purple, and more.

Who are Calumet Specialty Products Partners' major shareholders?

Top institutional investors of Calumet Specialty Products Partners include Wasserstein Debt Opportunities Management L.P. (8.57%), Adams Asset Advisors LLC (6.53%), Susquehanna International Group LLP and Raymond James & Associates (0.71%). Insiders that own company stock include James S Carter, Scott Obermeier, Stephen P Mawer, Daniel J Sajkowski, Louis Todd Borgmann, Gregory J Morical and Ryan Willman.
View institutional ownership trends
.

How do I buy shares of Calumet Specialty Products Partners?

Shares of CLMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Calumet Specialty Products Partners own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Calumet Specialty Products Partners investors own include Chembio Diagnostics (CEMI), Prospect Capital (PSEC), Two Harbors Investment (TWO), BlackRock Capital Investment (BKCC), NovoCure (NVCR), Summit Midstream Partners (SMLP) and Viper Energy (VNOM).

This page (NASDAQ:CLMT) was last updated on 9/16/2024 by MarketBeat.com Staff

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