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

NASDAQ: CLMT · IEX Real-Time Price · USD
16.29
-0.01 (-0.06%)
At close: Jan 31, 2023, 4:00 PM
16.53
+0.24 (1.47%)
After-hours: Jan 31, 2023, 5:17 PM EST
-0.06%
Market Cap 1.29B
Revenue (ttm) 4.55B
Net Income (ttm) -178.80M
Shares Out 79.19M
EPS (ttm) -2.26
PE Ratio n/a
Forward PE 12.66
Dividend n/a
Ex-Dividend Date n/a
Volume 181,204
Open 16.30
Previous Close 16.30
Day's Range 15.92 - 16.70
52-Week Range 8.40 - 20.50
Beta 2.18
Analysts Buy
Price Target 26.11 (+60.28%)
Earnings Date Feb 24, 2023

About CLMT

Calumet Specialty Products Partners, L.P. manufactures, formulates, and markets slate of specialty branded products to various consumer-facing and industrial markets in North America and internationally. Its Specialty Products and Solutions segment offers various solvents, waxes, customized lubricating oils, white oils, petrolatums, gels, esters, and other products. The company's Montana/Renewables segment focuses on processing renewable feedstocks into renewable hydrogen, renewable natural gas, renewable propane, renewable naphtha, renewable k... [Read more]

Industry Oil & Gas E&P
Sector Energy
IPO Date Jan 26, 2006
Employees 1,450
Stock Exchange NASDAQ
Ticker Symbol CLMT
Full Company Profile

Financial Performance

In 2021, CLMT's revenue was $3.15 billion, an increase of 38.79% compared to the previous year's $2.27 billion. Losses were -$254.90 million, 74.6% more than in 2020.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for CLMT stock is "Buy." The 12-month stock price forecast is $26.11, which is an increase of 60.28% from the latest price.

Price Target
$26.11
(60.28% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Royal Purple Launches New Max-Restore High Mileage Fuel Treatment Product

Solving performance issues found in higher-mileage vehicles. PORTER, Texas , Jan. 16, 2023 /PRNewswire/ -- The Royal Purple® brand, maker of premium synthetic oils, has launched their newest innovatio...

2 weeks ago - PRNewsWire

LaBerge Earns Jefferson Award and Board Seat

INDIANAPOLIS , Dec. 14, 2022 /PRNewswire/ -- Multiplying Good Indiana awarded Lindsey LaBerge, Director of Corporate Marketing for Calumet Specialty Products, with a Jefferson Award for Public Service...

1 month ago - PRNewsWire

ROYAL PURPLE® IS OFFICAL ENGINE OIL OF FORMULA DRIFT FOR 2023 & 2024

Helping propel Formula DRIFT into its 20th anniversary year INDIANAPOLIS , Dec. 8, 2022 /PRNewswire/ -- Royal Purple® continues its partnership with Formula DRIFT for 2023 & 2024 as the Official Engin...

1 month ago - PRNewsWire

Royal Purple to feature BIOMAX Environmentally Acceptable Lubricants at 2022 International WorkBoat Show

NEW ORLEANS , Nov. 30, 2022 /PRNewswire/ -- Royal Purple® will showcase BIOMAX™ Environmentally Acceptable Lubricant (EAL) products at the 2022 International WorkBoat Show, Booth 3636, on November 30 ...

2 months ago - PRNewsWire

4 Solid Stocks to Play the Refining & Marketing MLP Industry

With refining margins remaining extremely healthy, the Zacks Oil and Gas - Refining & Marketing MLP operators like TRGP, CLMT, GLP and NGL should continue to enjoy upside momentum.

Other symbols: GLPNGLTRGP
2 months ago - Zacks Investment Research

Calumet Specialty Products Partners, L.P. Reports Third Quarter 2022 Results

Net income attributable to partners of $15.7 million, or $0.19 per unit, for the third quarter of 2022 Third quarter Adjusted EBITDA of $127.0 million driven by strong market and exceptional business ...

3 months ago - PRNewsWire

Calumet Completes Transition of Steve Mawer to Board Chairman

INDIANAPOLIS , Nov. 7, 2022 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) announced today that Steve Mawer will be transitioning from Executive Chairman of the Board to Chai...

3 months ago - PRNewsWire

Calumet Completes Working Capital Funding for Montana Renewables

INDIANAPOLIS , Nov. 7, 2022 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) today announced the closing of two transactions that together fund the working capital needs of Mon...

3 months ago - PRNewsWire

Calumet Specialty Products Partners, L.P. (CLMT) Stock Jumps 5.5%: Will It Continue to Soar?

Calumet Specialty Products Partners, L.P. (CLMT) saw its shares surge in the last session with trading volume being higher than average.

3 months ago - Zacks Investment Research

Calumet Donates Printers to Local Schools

SHREVEPORT, La. , Oct. 20, 2022 /PRNewswire/ -- Queensborough Elementary School and Fair Park Middle School will receive 25 color printers from Calumet Shreveport today.

3 months ago - PRNewsWire

Calumet Specialty Products Partners, L.P. to Release Third Quarter 2022 Results on November 9, 2022

INDIANAPOLIS , Oct. 18, 2022 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) announced today that it plans to report results for the fiscal third quarter 2022 on November 9, 2...

3 months ago - PRNewsWire

Royal Purple® to unveil new products & custom car build at SEMA & AAPEX shows in Las Vegas

2022 Unveilings focus on performance solutions amidst industry challenges LAS VEGAS , Oct. 18, 2022 /PRNewswire/ -- Royal Purple®, maker of premium synthetic oils is gearing up for this year's SEMA an...

3 months ago - PRNewsWire

7 Momentum Stocks to Buy Now for Extraordinary Gains

Before jumping directly into momentum stocks worth buying now, it's important to understand what momentum trading is. As the name implies, momentum trading relies on reacting to the current movement o...

4 months ago - InvestorPlace

Calumet 2021 Schedule K-3 Now Available

INDIANAPOLIS , Sept. 7, 2022 /PRNewswire/ -- Calumet Specialty Products Partners, L.P.

5 months ago - PRNewsWire

How Much Upside is Left in Calumet Specialty Products Partners, L.P. (CLMT)? Wall Street Analysts Think 42%

The consensus price target hints at a 41.7% upside potential for Calumet Specialty Products Partners, L.P. (CLMT). While empirical research shows that this sought-after metric is hardly effective, an ...

6 months ago - Zacks Investment Research

3 Stocks to Leverage Strong Refining & Marketing MLP Fundamentals

With refining margins on a tear, the Zacks Oil and Gas - Refining & Marketing MLP operators like TRGP, CLMT and GLP should enjoy plenty of upside momentum.

Other symbols: GLPTRGP
6 months ago - Zacks Investment Research

Calumet Specialty Products Partners, L.P. Reports Second Quarter 2022 Results

Net loss of $15.3 million, or $(0.19) per unit, for the second quarter 2022 Second quarter Adjusted EBITDA of $175.8 million Completed Montana Renewables financing, highlighting a $2.25 billion MRL en...

6 months ago - PRNewsWire

Calumet Announces Series of Transactions at Montana Renewables

Warburg Pincus Investment Values MRL at $2.25 Billion INDIANAPOLIS , Aug. 5, 2022 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet") today announced a series of trans...

6 months ago - PRNewsWire

Why Calumet Specialty Products (CLMT) Might Surprise This Earnings Season

Calumet Specialty Products (CLMT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

6 months ago - Zacks Investment Research

Royal Purple® Launches New "No Matter What Drives You" Branding Campaign

Redefining a brand whose street credit has gone global PORTER, Texas , July 25, 2022 /PRNewswire/ -- "No Matter What Drives You." It's the new, multiphase branding campaign from leading global synthet...

6 months ago - PRNewsWire

Royal Purple® is a surprising way to save on gas

Fuel system additives show 6-10% savings on fuel economy PORTER, Texas , July 21, 2022 /PRNewswire/ -- As gasoline prices hit an all-time high of $5, consumers and businesses are in search of ways to ...

6 months ago - PRNewsWire

Calumet to Release Second Quarter 2022 Results on August 5, 2022

INDIANAPOLIS , July 21, 2022 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) announced today that it plans to report results for the second quarter 2022 on August 5, 2022.

6 months ago - PRNewsWire

Wall Street Analysts Believe Calumet Specialty Products Partners, L.P. (CLMT) Could Rally 112%: Here's is How to Trade

The mean of analysts' price targets for Calumet Specialty Products Partners, L.P. (CLMT) points to an 111.7% upside in the stock.

7 months ago - Zacks Investment Research

Strength Seen in Calumet Specialty Products Partners, L.P. (CLMT): Can Its 6.2% Jump Turn into More Strength?

Calumet Specialty Products Partners, L.P. (CLMT) was a big mover last session on higher-than-average trading volume.

7 months ago - Zacks Investment Research

Calumet Specialty Products Partners, L.P. Reports First Quarter 2022 Results

Net loss of $95.5 million, or $(1.18) per unit for the first quarter 2022 Positive outlook for Specialties business – healthy specialty margins, exceptional fuels margins Standing up premier renewable...

9 months ago - PRNewsWire