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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:CLMT

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

$14.86
+0.48 (+3.34%)
(As of 03/28/2024 ET)
Today's Range
$14.25
$14.94
50-Day Range
$13.80
$17.40
52-Week Range
$11.91
$19.91
Volume
125,443 shs
Average Volume
123,435 shs
Market Capitalization
$1.19 billion
P/E Ratio
18.81
Dividend Yield
N/A
Price Target
$20.50

Calumet Specialty Products Partners MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
38.0% Upside
$20.50 Price Target
Short Interest
Healthy
1.28% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.09mentions of Calumet Specialty Products Partners in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$268,711 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.52) to $1.05 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.

2.40 out of 5 stars

Oils/Energy Sector

132nd out of 238 stocks

Petroleum Refining Industry

8th out of 16 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

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CLMT Apr 2024 14.000 put
Top Project Outperforms BTC in 2023…
According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.
CLMT Aug 2024 11.000 call
CLMT Apr 2024 13.000 put
Calumet Completes Notes Offering
CLMT Mar 2024 21.000 call
See More Headlines
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Company Calendar

Last Earnings
2/23/2024
Today
3/28/2024
Next Earnings (Estimated)
5/03/2024
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
+38.0%
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
$1.22 per share
Book Value
($6.15) per share

Miscellaneous

Free Float
77,889,000
Market Cap
$1.19 billion
Optionable
Optionable
Beta
1.78

Social Links

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Key Executives

  • Mr. Louis Todd Borgmann (Age 41)
    Chief Executive Officer of Calumet GP, LLC
    Comp: $752.04k
  • 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. Vincent Donargo (Age 63)
    Advisor
    Comp: $434.4k
  • Mr. David Lunin (Age 42)
    Executive VP & CFO of Calumet GP, LLC
  • Mr. Ryan A. Willman (Age 46)
    Chief Accounting Officer & Principal Accounting Officer of Calumet GP, LLC
  • 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 equities research 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 equities research 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 equities research analysts have issued 12-month price targets for Calumet Specialty Products Partners' shares. Their CLMT share price targets range from $17.00 to $25.00. On average, they anticipate the company's stock price to reach $20.50 in the next year. This suggests a possible upside of 38.0% 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 beginning of the year. Since then, CLMT shares have decreased by 16.8% and is now trading at $14.86.
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, May 3rd 2024.
View our CLMT earnings forecast
.

How were Calumet Specialty Products Partners' earnings last quarter?

Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) posted its 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. Calumet Specialty Products Partners had a negative trailing twelve-month return on equity of 4.23% and a net margin of 1.55%. The firm's quarterly revenue was down 2.3% on a year-over-year basis. During the same quarter last 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 investors include Wasserstein Debt Opportunities Management L.P. (8.38%), Adams Asset Advisors LLC (6.81%), Goldman Sachs Group Inc. (0.72%), Goldman Sachs Group Inc. (0.72%), Grizzlyrock Capital LLC (0.62%) and Corient Private Wealth LLC (0.58%). 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.
Read More
This page (NASDAQ:CLMT) was last updated on 3/29/2024 by MarketBeat.com Staff

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