NASDAQ:CLMT

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

$15.75
-0.22 (-1.38%)
(As of 01:33 PM ET)
Today's Range
$15.70
$15.90
50-Day Range
$13.80
$16.31
52-Week Range
$11.91
$19.91
Volume
46,034 shs
Average Volume
115,013 shs
Market Capitalization
$1.26 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$20.50

Calumet Specialty Products Partners MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
30.2% Upside
$20.50 Price Target
Short Interest
Bearish
1.64% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.34mentions of Calumet Specialty Products Partners in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.86) to $0.59 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.

1.46 out of 5 stars

Oils/Energy Sector

207th out of 242 stocks

Petroleum Refining Industry

15th 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

Your Portfolio’s Shield Against Inflation: Gold’s Surge and AI Breakthroughs
While gold may be thanking China for its recent growth, this sector is currently thanking Elon Musk. As crazy as it sounds, artificial intelligence just got one step closer to ushering in "the next step in human evolution"... and minting new millionaires. And it's all thanks to Musk's latest AI creation.
Your Portfolio’s Shield Against Inflation: Gold’s Surge and AI Breakthroughs
While gold may be thanking China for its recent growth, this sector is currently thanking Elon Musk. As crazy as it sounds, artificial intelligence just got one step closer to ushering in "the next step in human evolution"... and minting new millionaires. And it's all thanks to Musk's latest AI creation.
Calumet Specialty Products Partners Posts Loss In Q1
Calumet Specialty Products Partners LP
Calumet Specialty Products Partners, L.P. (CLMT)
CLMT Apr 2024 14.000 put
See More Headlines
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Company Calendar

Last Earnings
2/23/2024
Today
5/13/2024
Next Earnings (Estimated)
8/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Petroleum refining
Sub-Industry
N/A
Current Symbol
NASDAQ:CLMT
Employees
1,580
Year Founded
1916

Price Target and Rating

Average Stock Price Target
$20.50
High Stock Price Target
$25.00
Low Stock Price Target
$17.00
Potential Upside/Downside
+28.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$48.10 million
Pretax Margin
1.19%

Debt

Sales & Book Value

Annual Sales
$4.18 billion
Cash Flow
$1.13 per share
Book Value
($6.15) per share

Miscellaneous

Free Float
77,889,000
Market Cap
$1.28 billion
Optionable
Optionable
Beta
1.75

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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

Should I buy or sell Calumet Specialty Products Partners stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Calumet Specialty Products Partners in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CLMT shares.
View CLMT analyst ratings
or view top-rated stocks.

What is Calumet Specialty Products Partners' stock price target for 2024?

2 brokers have issued 1 year price targets for Calumet Specialty Products Partners' shares. Their CLMT share price targets range from $17.00 to $25.00. On average, they expect the company's share price to reach $20.50 in the next year. This suggests a possible upside of 30.2% from the stock's current price.
View analysts price targets for CLMT
or view top-rated stocks among Wall Street analysts.

How have CLMT shares performed in 2024?

Calumet Specialty Products Partners' stock was trading at $17.87 at the start of the year. Since then, CLMT stock has decreased by 11.9% and is now trading at $15.75.
View the best growth stocks for 2024 here
.

When is Calumet Specialty Products Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, August 2nd 2024.
View our CLMT earnings forecast
.

How were Calumet Specialty Products Partners' earnings last quarter?

Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) announced its quarterly earnings results on Friday, February, 23rd. The oil and gas company reported ($0.59) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by $0.40. The oil and gas company earned $976.50 million during the quarter, compared to the consensus estimate of $856.71 million. The business's quarterly revenue was down 2.3% on a year-over-year basis. During the same period in the prior year, the business earned ($0.21) earnings per share.

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.

What other stocks do shareholders of Calumet Specialty Products Partners own?
Who are Calumet Specialty Products Partners' major shareholders?

Calumet Specialty Products Partners' stock is owned by many different retail and institutional investors. Top institutional shareholders include Adams Asset Advisors LLC (6.79%), Raymond James & Associates (0.63%), FAS Wealth Partners Inc. (0.06%), GSA Capital Partners LLP (0.04%), J.W. Cole Advisors Inc. (0.03%) and Fifth Lane Capital LP (0.00%). Insiders that own company stock include Daniel J Sajkowski, James S Carter, Louis Todd Borgmann, Ryan Willman, Scott Obermeier and Stephen P Mawer.
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.

Does Calumet Specialty Products Partners have any subsidiaries?
The following companies are subsidiares of Calumet Specialty Products Partners: Anchor Drilling Fluids USA, Bel-Ray, Bel-Ray Company LLC, Bel-Ray Company Pty Limited, Biosynthetic Technologies, Calumet Africa Proprietary Limited, Calumet Branded Products LLC, Calumet Cotton Valley Refining LLC, Calumet Dickinson Refining LLC, Calumet Finance Corp., Calumet International Inc., Calumet Karns City Refining LLC, Calumet Mexico LLC, Calumet Missouri LLC, Calumet Montana Refining LLC, Calumet Operating LLC, Calumet Princeton Refining LLC, Calumet Refining LLC, Calumet San Antonio Refining LLC, Calumet Shreveport Refining LLC, Calumet Specialty Oils de Mexico S. de R.L. de C.V., Calumet Specialty Products Canada ULC, Kurlin Company LLC, Montana Renewables, Penreco, Royal Purple, Specialty Oil Field Solutions, TruSouth Oil, and United Petroleum Company.
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This page (NASDAQ:CLMT) was last updated on 5/13/2024 by MarketBeat.com Staff

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