Calumet Specialty Products Partners L.P. (CLMT)

NASDAQ: CLMT · IEX Real-Time Price · USD
10.49
+0.56 (5.64%)
At close: Jun 24, 2022 4:00 PM
10.62
+0.13 (1.24%)
After-hours: Jun 24, 2022 5:50 PM EDT
5.64%
Market Cap 830.28M
Revenue (ttm) 3.65B
Net Income (ttm) -205.30M
Shares Out 79.15M
EPS (ttm) -2.60
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 231,997
Open 9.91
Previous Close 9.93
Day's Range 9.71 - 10.51
52-Week Range 5.40 - 17.43
Beta 2.16
Analysts Buy
Price Target 26.11 (+148.9%)
Earnings Date Aug 5, 2022

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 & Consumable Fuels
IPO Date Jan 26, 2006
CEO Stephen Mawer
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 -$260.10 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 148.90% from the latest price.

Price Target
$26.11
(148.90% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

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 d...

Is a Surprise Coming for Calumet (CLMT) This Earnings Season?

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

How Much Upside is Left in Calumet Specialty Products Partners, L.P. (CLMT)? Wall Street Analysts Think 46%

The average of price targets set by Wall Street analysts indicates a potential upside of 45.5% in Calumet Specialty Products Partners, L.P. (CLMT). While the effectiveness of this highly sought-after me...

Calumet to Release First Quarter 2022 Results on May 6, 2022

INDIANAPOLIS , April 21, 2022 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) announced today plans to report results for the first quarter 2022 on May 6, 2022.

CALUMET ANNOUNCES CHARITY GOLF TOURNAMENT

SHREVEPORT, La., March 21, 2022 /PRNewswire/ -- Calumet Specialty Products Partners, L.P.

Calumet Specialty Products Partners, L.P. Reports Fourth Quarter and Year End 2021 Results

INDIANAPOLIS, Feb. 25, 2022 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership," "Calumet," "we," "our" or "us"), a leading independent producer of petroleum-base...

Calumet Chairman Fred Fehsenfeld to Retire, Leadership Succession Plan Announced

INDIANAPOLIS, Feb. 24, 2022 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership," "Calumet," "we," "our" or "us"), today announced that Calumet co-founder Fred Feh...

Calumet Specialty Products Partners, L.P. to Release Fourth Quarter and Full Year 2021 Results on February 25, 2022

INDIANAPOLIS, Feb. 10, 2022 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) announced today plans to report results for the fourth quarter and full year 2021 on February 25, 2022.

Calumet Closes $325 Million Notes Offering, Recaps Recent Financing Activity

INDIANAPOLIS, Jan. 24, 2022 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet", "Partnership", "we" or "our") announced the closing of the offering for $325 million 2027...

Calumet Specialty Products Partners, L.P. Announces Pricing of $325 Million Upsized Private Placement of 8.125% Senio...

INDIANAPOLIS, Jan. 12, 2022 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership" or "Calumet") and its wholly-owned subsidiary Calumet Finance Corp. announced toda...

Calumet Specialty Products Partners, L.P. Announces $300 Million Private Placement of Senior Notes Due 2027 and Issue...

INDIANAPOLIS, Jan. 12, 2022 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership" or "Calumet") and its wholly-owned subsidiary Calumet Finance Corp. announced toda...

Is Calumet Specialty Products Partners, L.P. (CLMT) Stock Outpacing Its Oils-Energy Peers This Year?

Here is how Calumet Specialty Products Partners, L.P. (CLMT) and CVR Energy (CVI) have performed compared to their sector so far this year.

Calumet Announces Close of Renewable Hydrogen Project Financing

INDIANAPOLIS, Jan. 4, 2022 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT, "Calumet") announced today that Montana Renewables LLC ("MRL") has closed the previously announced $50...

Fast-paced Momentum Stock Calumet Specialty Products Partners, L.P. (CLMT) Is Still Trading at a Bargain

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Calumet Specialty Products Partners, L.P. (CLMT) could be a great choice.

Calumet Specialty Products Partners, L.P. To Attend Investor Conferences

INDIANAPOLIS, Nov. 30, 2021 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT, "Calumet") will participate in the Cowen 2021 Energy Summit and the Bank of America Securities Levera...

Can Calumet Specialty Products Partners, L.P. (CLMT) Climb 29% to Reach the Level Wall Street Analysts Expect?

The mean of analysts' price targets for Calumet Specialty Products Partners, L.P. (CLMT) points to a 28.9% upside in the stock.

Calumet Specialty Products Partners, L.P. Announces Strategic Transactions in its Renewable Diesel Business

INDIANAPOLIS , Nov. 19, 2021 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet") today announced a series of strategic transactions in connection with its Renewable Dies...

Here Is Why Bargain Hunters Would Love Fast-paced Mover Calumet Specialty Products Partners, L.P. (CLMT)

Calumet Specialty Products Partners, L.P. (CLMT) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices.

Calumet Specialty Products Partners, L.P. Reports Third Quarter 2021 Results

INDIANAPOLIS, Nov. 5, 2021 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership," "Calumet," "we," "our" or "us"), today reported results for the third quarter ende...

Calumet Specialty Products Partners, L.P. to Release Third Quarter 2021 Results on November 5, 2021

INDIANAPOLIS, Oct. 26, 2021 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) announced today that it plans to report results for the fiscal third quarter 2021 on November 5, 2021.

Calumet Specialty Products Partners, L.P. (CLMT) Is Attractively Priced Despite Fast-paced Momentum

Calumet Specialty Products Partners, L.P. (CLMT) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong moment...

Strength Seen in Calumet Specialty Products Partners, L.P. (CLMT): Can Its 9.3% Jump Turn into More Strength?

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

Calumet Specialty Products Partners, L.P. to attend 29th Annual Deutsche Bank Leveraged Finance Conference

INDIANAPOLIS, Oct. 4, 2021 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT), today announced that senior management will virtually participate in Deutsche Bank's 29th Annual Leve...

New Strong Sell Stocks for September 16th

CLMT, FANH, and MORF have been added to the Zacks Rank #5 (Strong Sell) List on September 16, 2021.

Other symbols: FANHMORF