NASDAQ:CLMT Calumet Specialty Products Partners (CLMT) Stock Price, News & Analysis $17.51 +0.53 (+3.12%) (As of 08/21/2024 ET) Add Compare Share Share Today's Range$17.09▼$17.9450-Day Range$11.26▼$17.3252-Week Range$9.97▼$19.91Volume619,569 shsAverage Volume209,047 shsMarket Capitalization$1.41 billionP/E RatioN/ADividend YieldN/APrice Target$19.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Calumet Specialty Products Partners alerts: Email Address Calumet Specialty Products Partners MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside10.4% Upside$19.33 Price TargetShort InterestBearish2.41% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.02Based on 12 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.90) to ($0.05) Per ShareSee Full Details Hide Full Details 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.0.63 out of 5 starsOils/Energy Sector239th out of 240 stocksPetroleum Refining Industry17th out of 17 stocks 2.5 Analyst's Opinion Consensus RatingCalumet Specialty Products Partners has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageCalumet Specialty Products Partners has only been the subject of 3 research reports in the past 90 days.Read more about Calumet Specialty Products Partners' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.41% of the float of Calumet Specialty Products Partners has been sold short.Short Interest Ratio / Days to CoverCalumet Specialty Products Partners has a short interest ratio ("days to cover") of 6.Change versus previous monthShort interest in Calumet Specialty Products Partners has recently increased by 29.60%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCalumet Specialty Products Partners does not currently pay a dividend.Dividend GrowthCalumet Specialty Products Partners does not have a long track record of dividend growth.Read more about Calumet Specialty Products Partners' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CLMT. Previous Next 2.2 News and Social Media Coverage News SentimentCalumet Specialty Products Partners has a news sentiment score of 0.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Calumet Specialty Products Partners this week, compared to 2 articles on an average week.Search Interest3 people have searched for CLMT on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Calumet Specialty Products Partners to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Calumet Specialty Products Partners insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.91% of the stock of Calumet Specialty Products Partners is held by insiders.Percentage Held by InstitutionsOnly 34.41% of the stock of Calumet Specialty Products Partners is held by institutions.Read more about Calumet Specialty Products Partners' insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Calumet Specialty Products Partners are expected to grow in the coming year, from ($1.90) to ($0.05) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Calumet Specialty Products Partners is -250.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Calumet Specialty Products Partners is -250.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Read more about Calumet Specialty Products Partners' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIhidden income trade in Apple?Is there a HUGE hidden income opportunity within Apple stock? Well, a brand new report suggests that is the case. And it’s all based on a “twist” on income trading hidden right inside one of the top stocks ever.Tap Here to Learn More 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.Read More CLMT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CLMT Stock News HeadlinesAugust 21 at 3:57 AM | americanbankingnews.comCalumet Specialty Products Partners (NASDAQ:CLMT) Now Covered by Analysts at StockNews.comAugust 20 at 8:15 AM | prnewswire.comCalumet to Attend Barclays 38th Annual CEO Energy-Power ConferenceAugust 22, 2024 | Crypto 101 Media (Ad)Massive Crypto Selloff = Historic OpportunityStocks recently suffered the worst 1-day loss since 2022… Cryptos got hammered as well…But here's the fact everyone is missing… As of this writing, Bitcoin is still up 28% year to date…And it's up 84% in the last year. August 19 at 6:11 AM | seekingalpha.comCalumet: Now We Know More About Its Positive Financial FutureAugust 15, 2024 | americanbankingnews.comQ3 2024 EPS Estimates for Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) Reduced by HC WainwrightAugust 15, 2024 | americanbankingnews.comCalumet Specialty Products Partners, L.P. (NASDAQ:CLMT) Expected to Earn FY2026 Earnings of $1.89 Per ShareAugust 13, 2024 | americanbankingnews.comCalumet Specialty Products Partners (NASDAQ:CLMT) Earns "Buy" Rating from HC WainwrightAugust 13, 2024 | americanbankingnews.comTD Cowen Cuts Calumet Specialty Products Partners (NASDAQ:CLMT) Price Target to $18.00August 22, 2024 | Crypto 101 Media (Ad)Massive Crypto Selloff = Historic OpportunityStocks recently suffered the worst 1-day loss since 2022… Cryptos got hammered as well…But here's the fact everyone is missing… As of this writing, Bitcoin is still up 28% year to date…And it's up 84% in the last year. August 13, 2024 | americanbankingnews.comCalumet Specialty Products Partners (NASDAQ:CLMT) Coverage Initiated by Analysts at StockNews.comAugust 13, 2024 | markets.businessinsider.comBuy Rating Maintained for Calumet Specialty Products Amidst Strategic Growth and Deleveraging EffortsAugust 9, 2024 | seekingalpha.comCalumet, Inc. (CLMT) Q2 2024 Earnings Call TranscriptAugust 9, 2024 | finanznachrichten.deCalumet, Inc.: Calumet Reports Second Quarter 2024 ResultsAugust 9, 2024 | markets.businessinsider.comCalumet Specialty Products Partners L.P. Q2 Loss Increases, But Beats EstimatesAugust 9, 2024 | seekingalpha.comCalumet, Inc. 2024 Q2 - Results - Earnings Call PresentationAugust 9, 2024 | prnewswire.comCalumet Reports Second Quarter 2024 ResultsJuly 26, 2024 | prnewswire.comCalumet, Inc. to Release Second Quarter 2024 Earnings on August 9, 2024July 24, 2024 | finance.yahoo.comCalumet, Inc. (CLMT)See More Headlines Receive CLMT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Calumet Specialty Products Partners and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/09/2024Today8/22/2024Next Earnings (Estimated)11/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Petroleum refining Sub-IndustryPetroleum And Natural Gas Current SymbolNASDAQ:CLMT CUSIPN/A CIK1340122 Webwww.calumetspecialty.com Phone(317) 328-5660Fax317-328-2359Employees1,580Year Founded1916Price Target and Rating Average Stock Price Target$19.33 High Stock Price Target$25.00 Low Stock Price Target$15.00 Potential Upside/Downside+10.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.07) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$48.10 million Net Margins-0.10% Pretax Margin-0.26% Return on EquityN/A Return on Assets-4.47% Debt Debt-to-Equity RatioN/A Current Ratio0.98 Quick Ratio0.50 Sales & Book Value Annual Sales$4.27 billion Price / Sales0.33 Cash Flow$1.56 per share Price / Cash Flow11.20 Book Value($6.15) per share Price / Book-2.85Miscellaneous Outstanding Shares80,389,000Free Float78,050,000Market Cap$1.41 billion OptionableOptionable Beta1.93 Social Links The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. Louis Todd Borgmann (Age 41)Chief Executive Officer of Calumet GP, LLC Comp: $752.04kMr. Vincent Donargo (Age 63)Chief Accounting Officer & Principal Accounting Officer Comp: $434.4kMr. Gregory J. Morical (Age 55)Senior VP, General Counsel & Secretary of Calumet GP, LLC Comp: $364.5kMr. Bruce A. Fleming (Age 67)Executive Vice President of Montana Renewables & Corporate Development of Calumet GP, LLC Comp: $483.97kMr. Scott Obermeier (Age 50)Executive Vice President of Specialties of Calumet GP, LLC Comp: $765.61kMr. David Lunin (Age 42)Executive VP & CFO of Calumet GP, LLC Mr. John KompaDirector of Investor RelationsMr. Chris HodgesAlpha IRMore ExecutivesKey CompetitorsDelek USNYSE:DKCVR EnergyNYSE:CVIVertex EnergyNASDAQ:VTNRBP Prudhoe Bay Royalty TrustNYSE:BPTPBF EnergyNYSE:PBFView All CompetitorsInsiders & InstitutionsSusquehanna International Group LLPSold 6,300 shares on 8/16/2024Ownership: 0.000%Creative PlanningBought 19,800 shares on 8/16/2024Ownership: 0.078%DRW Securities LLCBought 55,956 shares on 8/14/2024Ownership: 0.070%O Brien Greene & Co. IncSold 32,500 shares on 8/12/2024Ownership: 0.036%Wedbush Securities Inc.Bought 10,550 shares on 8/7/2024Ownership: 0.013%View All Insider TransactionsView All Institutional Transactions 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 2024. Since then, CLMT stock has decreased by 2.0% and is now trading at $17.51. 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) announced its quarterly earnings data 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 company's revenue for the quarter was up 11.4% compared to the same quarter last year. What is Tim Go's approval rating as Calumet Specialty Products Partners' CEO? 18 employees have rated Calumet Specialty Products Partners Chief Executive Officer Tim Go on Glassdoor.com. Tim Go has an approval rating of 42% among the company's employees. This puts Tim Go in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. Does Calumet Specialty Products Partners have any subsidiaries? The following companies are subsidiaries of Calumet Specialty Products Partners: Biosynthetic Technologies, Specialty Oil Field Solutions, Anchor Drilling Fluids USA, United Petroleum Company, Bel-Ray, Montana Renewables, Royal Purple, and others. 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 8/22/2024 by MarketBeat.com Staff From Our PartnersWhat Is the $7,882 Stimulus Payment 2024?Biden’s government just announced a new government "stimulus program"... And it could hand you a payment fo...Angel Publishing | SponsoredTrump is sounding the alarmEurope is one of the latest to release a central bank digital currency and along with it, new cash rules. Chri...Preserve Gold | SponsoredUS developing “superweapon” to defeat China and Russia?Our new superweapon is a gift to every patriot. I predict the devastating new tech behind this weapon will cre...Paradigm Press | SponsoredAir Force quietly working with sub $10 stock on new techThere is a little-known energy technology stock that has made an incredible breakthrough… Which could becom...DTI | SponsoredGrab this ETF paying a huge 22% dividendImagine a world where you don't have to stress about inflation eroding your savings... Where your paycheck ...Investors Alley | SponsoredAlert: July 11th Could Send Markets into Turmoil, Prepare Now!You can protect your finances through an obscure IRS Loophole designed to shield your IRA, 401(k), and other r...American Hartford Gold Group | SponsoredAmazon coin set to soar 25X – starting August 19thChris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 diffe...True Market Insiders | SponsoredThis One stock is all you need...What if you could ignore 99% of the stock market... And retire on just ONE ticker?Behind the Markets | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Calumet Specialty Products Partners, L.P. Please log in to your account or sign up in order to add this asset to your watchlist. Share Calumet Specialty Products Partners With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
