Calumet Specialty Products Partners, L.P. (CLMT)

NASDAQ: CLMT · IEX Real-Time Price · USD
15.76
+0.01 (0.06%)
At close: May 17, 2024, 4:00 PM
15.85
+0.09 (0.57%)
After-hours: May 17, 2024, 4:09 PM EDT
0.06%
Market Cap 1.27B
Revenue (ttm) 4.15B
Net Income (ttm) -21.80M
Shares Out 80.39M
EPS (ttm) -0.27
PE Ratio n/a
Forward PE 85.89
Dividend n/a
Ex-Dividend Date n/a
Volume 88,781
Open 15.70
Previous Close 15.75
Day's Range 15.47 - 15.89
52-Week Range 11.91 - 19.91
Beta 1.76
Analysts Strong Buy
Price Target 20.50 (+30.08%)
Earnings Date May 10, 2024

About 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 segmen... [Read more]

Sector Energy
IPO Date Jan 26, 2006
Employees 1,580
Stock Exchange NASDAQ
Ticker Symbol CLMT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for CLMT stock is "Strong Buy." The 12-month stock price forecast is $20.5, which is an increase of 30.08% from the latest price.

Price Target
$20.5
(30.08% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Calumet to Attend TD Cowen's 2nd Annual Sustainability Week Investor Conference

INDIANAPOLIS , May 13, 2024 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet", "our", "we"), announced today plans to participate in TD Cowen's 2nd Annual Sustainabil...

5 days ago - PRNewsWire

Calumet Specialty Products Partners, L.P. Reports First Quarter 2024 Results

First quarter 2024 net loss of $41.6 million, or Limited partners' interest of $0.51 basic net loss per unit First quarter 2024 Adjusted EBITDA of $21.6 million Plan to convert structure from a Master...

8 days ago - PRNewsWire

Calumet Specialty Products Partners, L.P. to Release First Quarter 2024 Earnings on May 10, 2024

INDIANAPOLIS , April 26, 2024 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership," "Calumet," "we," "our" or "us"), announced today that it plans to report resu...

22 days ago - PRNewsWire

Calumet Announces First Quarter 2024 Operational Update

INDIANAPOLIS , April 16, 2024 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership," "Calumet," "we," "our" or "us"), today provided an operational update for the...

4 weeks ago - PRNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Calumet Specialty Products Partners, L.P. - CLMT

NEW YORK , March 27, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Calumet Specialty Products Partners, L.P. ("Calumet" or the "Company") (NASDAQ: CLMT).

7 weeks ago - PRNewsWire

Calumet Completes Notes Offering

Partnership Retires Senior Secured First Lien Notes due 2024 Calls $50 million of Senior Notes due 2025 INDIANAPOLIS , March 12, 2024 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ:...

2 months ago - PRNewsWire

Calumet to Attend Barclays Emerging Growth, Climate Technology Company Meetings

INDIANAPOLIS, March 12, 2024 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet", "our", "we"), announced today plans to attend the Barclays Emerging Growth, Climate Te...

2 months ago - PRNewsWire

Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Calumet Specialty Products Partners, L.P. (CLMT)

NEW YORK--(BUSINESS WIRE)---- $CLMT #Investigation--The law firm of Kirby McInerney LLP is investigating potential claims against Calumet Specialty Products Partners, L.P. (“Calumet” or the “Company”)...

2 months ago - Business Wire

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Calumet Specialty Products Partners, L.P. (CLMT) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Calumet Specialty...

2 months ago - Business Wire

Calumet Recognized by EcoVadis for Commitment to Sustainability

INDIANAPOLIS , Feb. 29, 2024 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) has been recognized by EcoVadis for its Corporate Social Responsibility (CSR) commitment.

2 months ago - PRNewsWire

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Calumet Specialty Products Partners, L.P.

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Calumet Specialty Products Partners, L.P. (“Calumet” or the “Company”) (NASDAQ: CLMT) investors c...

2 months ago - Business Wire

The Law Offices of Frank R. Cruz Announces Investigation of Calumet Specialty Products Partners, L.P.

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Calumet Specialty Products Partners, L.P. (“Calumet” or the “Company”) (NASDAQ: CLMT) on behalf of investor...

2 months ago - Business Wire

Calumet Specialty Products Partners, L.P. Reports Fourth Quarter and Full Year 2023 Results

Full Year 2023 net income of $48.1 million, or Limited partners' interest of $0.59 basic net income per unit Full Year 2023 Adjusted EBITDA of $260.5 million Announced intent to convert corporate stru...

3 months ago - PRNewsWire

Calumet to Release Fourth Quarter and Full Year 2023 Earnings on February 23, 2024

INDIANAPOLIS , Feb. 12, 2024 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership," "Calumet," "we," "our" or "us"), announced today plans to report results for t...

3 months ago - PRNewsWire

Calumet Specialty Products Partners, L.P. Announces Execution of Conversion Agreement

INDIANAPOLIS , Feb. 12, 2024 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet," "the Partnership," "we," or "us"), announced today that we have entered into an agreem...

3 months ago - PRNewsWire

Calumet Enters into Supply Offtake Agreement with J. Aron at Shreveport, Upsizes ABL to Replace Montana Supply Offtake Agreement

INDIANAPOLIS , Jan. 23, 2024 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership," "Calumet," "Company," "we," "our" or "us"), announced two financing transactio...

4 months ago - PRNewsWire

Calumet to Attend Goldman Sachs Energy, Cleantech & Utilities Conference

INDIANAPOLIS , Jan. 3, 2024 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet", "our"), announced today our plans to attend the Goldman Sachs Energy, Cleantech & Utili...

4 months ago - PRNewsWire

Calumet to Attend Wells Fargo Conference

INDIANAPOLIS , Dec. 5, 2023 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet", "our", "we"), announced today plans to attend the Wells Fargo Midstream and Utilities S...

5 months ago - PRNewsWire

Operational Update: Calumet Announces Montana Renewables Returns to Full Operations

INDIANAPOLIS , Dec. 1, 2023 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet," "we," "our" or "us"), announced today that Montana Renewables, LLC ("MRL") renewable di...

6 months ago - PRNewsWire

Calumet to Attend Bank of America Leveraged Finance Conference

INDIANAPOLIS, Nov. 27, 2023 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet", "our", "we"), announced today our plans to attend the Bank of America Leveraged Finance...

6 months ago - PRNewsWire

Calumet Specialty Products Partners, L.P. Reports Third Quarter 2023 Results

Net income attributable to partners of $103.0 million, or Limited partners' interest of $1.26 basic net income per unit, for the third quarter of 2023 Third quarter Adjusted EBITDA of $75.5 million dr...

6 months ago - PRNewsWire

Calumet Specialty Products Partners, L.P. Announces Corporate Transition

INDIANAPOLIS , Nov. 9, 2023 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership," "Calumet," "we," "our" or "us"), today announced the execution of an agreement ...

6 months ago - PRNewsWire

Calumet Specialty Products Partners, L.P. to Release Third Quarter 2023 Results on November 9, 2023

INDIANAPOLIS , Oct. 30, 2023 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership," "Calumet," "we," "our" or "us"), announced today that it plans to report resul...

7 months ago - PRNewsWire

Calumet Provides Operational Update

INDIANAPOLIS , Oct. 20, 2023 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership," "Calumet," "Company," "we," "our" or "us"), provided an operational update for...

7 months ago - PRNewsWire

Calumet Announces New Inventory Financing Agreement for Montana Renewables

INDIANAPOLIS , Oct. 10, 2023 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership," "Calumet," "Company," "we," "our" or "us"), today announced that Montana Renew...

7 months ago - PRNewsWire