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CLMT

CLMT - Calumet Specialty Products Partners LP Stock Price, Fair Value and News

14.62USD+0.24 (+1.67%)Delayed as of 28 Mar 2024, 09:58 am ET

Market Summary

CLMT
USD14.62+0.24
Delayedas of 28 Mar 2024, 09:58 am
1.67%

CLMT Alerts

  • Big jump in Earnings (Y/Y)
  • Losses in recent quarter

CLMT Stock Price

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CLMT RSI Chart

CLMT Valuation

Market Cap

1.2B

Price/Earnings (Trailing)

23.98

Price/Sales (Trailing)

0.28

EV/EBITDA

7.11

Price/Free Cashflow

-4.02

CLMT Price/Sales (Trailing)

CLMT Profitability

EBT Margin

1.19%

Return on Assets

1.75%

Free Cashflow Yield

-24.85%

CLMT Fundamentals

CLMT Revenue

Revenue (TTM)

4.2B

Rev. Growth (Yr)

-2.29%

Rev. Growth (Qtr)

-15.04%

CLMT Earnings

Earnings (TTM)

48.1M

Earnings Growth (Yr)

38.62%

Earnings Growth (Qtr)

-148.1%

Breaking Down CLMT Revenue

52 Week Range

14.62
(Low)(High)

Last 7 days

1.5%

Last 30 days

-14.4%

Last 90 days

-15.8%

Trailing 12 Months

-20.5%

How does CLMT drawdown profile look like?

CLMT Financial Health

Current Ratio

0.71

Debt/Cashflow

-0.01

CLMT Investor Care

Shares Dilution (1Y)

0.49%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20234.6B4.2B4.2B4.2B
20223.6B4.3B4.6B4.7B
20212.2B2.5B2.8B3.1B
20203.3B2.9B2.5B2.3B
20193.6B3.5B3.5B3.5B
20183.6B3.6B3.5B3.5B
20173.7B3.7B3.8B3.8B
20163.9B3.7B3.5B3.5B
20155.5B5.2B4.7B4.2B
20145.4B5.5B5.7B5.8B
20134.8B5.1B5.4B5.4B
20123.7B4.1B4.5B4.7B
20112.3B2.5B2.7B3.1B
201002.0B2.1B2.2B
20090001.8B

Tracking the Latest Insider Buys and Sells of Calumet Specialty Products Partners LP

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jan 18, 2024
borgmann louis todd
acquired
-
-
24,497
chief executive officer
Jan 18, 2024
borgmann louis todd
sold (taxes)
-
-
-11,018
chief executive officer
Jan 18, 2024
fleming bruce a
acquired
-
-
31,865
evp - montana renewables
Jan 18, 2024
obermeier scott
acquired
-
-
25,100
evp - specialties
Jan 18, 2024
obermeier scott
sold (taxes)
-
-
-11,162
evp - specialties
Jan 18, 2024
mawer stephen p
acquired
-
-
68,310
-
Jan 18, 2024
willman ryan
acquired
-
-
744
chief accounting officer
Jan 18, 2024
morical gregory j
sold (taxes)
-
-
-9,490
svp, general counsel
Jan 18, 2024
willman ryan
sold (taxes)
-
-
-92.00
chief accounting officer
Jan 18, 2024
morical gregory j
acquired
-
-
20,601
svp, general counsel

1–10 of 50

Which funds bought or sold CLMT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 08, 2024
ICA Group Wealth Management, LLC
new
-
116,447
116,447
0.03%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
104
9,839,120
20,650,800
-%
Feb 16, 2024
GSA CAPITAL PARTNERS LLP
sold off
-100
-196,000
-
-%
Feb 16, 2024
HARBOUR INVESTMENTS, INC.
unchanged
-
-2,270
32,970
-%
Feb 15, 2024
GTS SECURITIES LLC
reduced
-14.61
-166,103
659,743
-%
Feb 15, 2024
Sunbelt Securities, Inc.
sold off
-100
-9,550
-
-%
Feb 15, 2024
MONETA GROUP INVESTMENT ADVISORS LLC
sold off
-100
-508,060
-
-%
Feb 15, 2024
BARCLAYS PLC
reduced
-83.82
-3,256,000
581,000
-%
Feb 14, 2024
Price Jennifer C.
unchanged
-
-676,076
9,822,340
6.53%
Feb 14, 2024
Oasis Management Co Ltd.
sold off
-100
-394,740
-
-%

1–10 of 34

Are Funds Buying or Selling CLMT?

Are funds buying CLMT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CLMT
No. of Funds

Unveiling Calumet Specialty Products Partners LP's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
knott partners lp
5.5%
4,407,000
SC 13G/A
Feb 13, 2023
knott partners lp
5.7%
4,522,000
SC 13G/A
Feb 10, 2023
wasserstein debt opportunities management, l.p.
7.67%
6,072,088
SC 13G/A
Feb 14, 2022
wasserstein debt opportunities management, l.p.
5.65%
4,446,689
SC 13G/A
Feb 11, 2022
knott partners lp
5.7%
4,492,200
SC 13G/A
Nov 08, 2021
knott david m jr
5.4%
4,292,200
SC 13G
Oct 12, 2021
wasserstein debt opportunities management, l.p.
6.19%
4,868,213
SC 13G
Feb 06, 2020
goldman sachs group inc
0.4%
332,424
SC 13G/A

Recent SEC filings of Calumet Specialty Products Partners LP

View All Filings
Date Filed Form Type Document
Mar 21, 2024
425
Prospectus Filed
Mar 12, 2024
8-K
Current Report
Mar 08, 2024
4
Insider Trading
Mar 05, 2024
8-K
Current Report
Feb 29, 2024
10-K
Annual Report
Feb 23, 2024
4
Insider Trading
Feb 23, 2024
4
Insider Trading
Feb 23, 2024
4
Insider Trading
Feb 23, 2024
4
Insider Trading
Feb 23, 2024
4
Insider Trading

What is the Fair Value of CLMT?

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Cheap
or
Expensive?


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks

Peers (Alternatives to Calumet Specialty Products Partners LP)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
456.5B
344.6B
9.41% 13.67%
12.68
1.32
-16.70% -35.40%
290.4B
200.9B
0.02% 1.52%
13.59
1.45
-18.40% -39.75%
56.5B
28.9B
5.44% 9.11%
12.02
1.95
-22.04% -64.70%
16.0B
6.6B
15.91% 27.83%
10.3
2.41
-17.41% -56.98%
11.5B
8.7B
9.63% 19.76%
4.74
1.32
-25.73% -50.99%
MID-CAP
8.3B
2.7B
8.00% 45.15%
9.55
3.04
-43.74% -26.38%
4.2B
2.8B
4.11% 1.93%
9.66
1.47
19.47% 177.97%
3.6B
3.4B
13.94% 41.02%
2.09
1.05
172.35% 1311.12%
2.8B
1.7B
-2.52% -6.29%
13.03
1.63
-26.01% -5.75%
2.3B
2.1B
6.28% -7.95%
5.82
1.11
-35.04% -60.65%
SMALL-CAP
257.7M
307.6M
1.78% -4.26%
0.66
0.84
-32.91% 578.62%
237.5M
256.5M
59.14% 102.55%
-5.47
0.52
21.03% 49.68%
94.0M
250.3M
-5.16% -26.09%
-2.17
0.38
-31.75% -183.24%
69.5M
2.7B
8.16% -35.75%
327.97
0.03
-18.46% -93.92%
23.7M
23.9M
9.22% 22.80%
-8.72
0.99
-21.86% -149.09%

Calumet Specialty Products Partners LP News

Latest updates
Defense World • 26 Mar 2024 • 10:41 am

Calumet Specialty Products Partners LP Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-15.0%976,500,0001,149,400,0001,017,800,0001,037,300,000999,400,0001,165,000,0001,424,000,0001,097,900,000865,800,000874,900,000807,000,000600,300,000553,900,000568,000,000453,700,000692,600,000774,800,000929,600,000896,900,000851,300,000848,000,000
Gross Profit-91.5%22,100,000261,500,00071,500,00096,600,00035,800,000139,300,000143,900,00032,700,00032,500,000133,300,00019,100,000-42,000,000-5,400,00016,500,00064,500,00023,500,00090,800,000117,800,000107,100,000136,000,00095,800,000
  S&GA Expenses8.9%13,500,00012,400,00015,500,00013,500,00013,500,00011,600,00016,200,00012,600,00012,800,00012,400,00014,500,00013,100,00010,700,00011,200,00012,600,00013,300,00012,900,00012,600,00014,300,00013,300,00019,650,000
EBITDA Margin-0.10-0.050.050.020.020.030.020.00-0.01-0.05-0.020.03--------
Interest Expenses-1.2%58,000,00058,700,00055,800,00049,200,00039,900,00041,800,00042,600,00051,600,00040,200,00038,200,00036,900,00034,200,00032,700,00033,300,00030,600,00029,300,00035,400,00033,800,00033,100,00032,300,00035,100,000
Income Taxes-60.0%200,000500,000400,000500,000600,0001,500,000600,000700,000-400,000900,000200,000300,000100,000200,000500,000-200,000500,000300,000-100,000-300,000
Earnings Before Taxes-147.7%-47,800,000100,300,000-21,900,00019,100,000-76,500,00016,100,000-14,700,000-94,800,000-87,100,00051,900,000-77,500,000-145,900,000-81,800,000-56,000,0003,800,000-13,900,000-38,800,000-4,100,000-16,500,00016,300,00018,800,000
EBT Margin138.0%0.010.00-0.01-0.01-0.04-0.04-0.03-0.06-0.08-0.09-0.14-0.13---------
Net Income-148.1%-48,000,00099,800,000-22,300,00018,600,000-78,200,00015,700,000-15,300,000-95,500,000-87,100,00051,500,000-78,400,000-146,100,000-82,100,000-56,100,0003,600,000-14,400,000-38,600,000-4,600,000-16,800,00016,400,00018,100,000
Net Income Margin170.2%0.010.00-0.01-0.01-0.04-0.04-0.03-0.06-0.08-0.09-0.14-0.13---------
Free Cashflow-397.7%-39,000,00013,100,000-103,700,000-157,100,000-210,000,000-133,600,000-21,900,000-70,100,000-62,700,00041,800,000-49,500,000-56,500,000---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-1.9%2,7512,8052,8052,7652,7412,5692,3542,1962,1281,8341,8401,8681,8081,8081,8221,8621,8582,1612,2072,2702,088
  Current Assets-8.0%795863848800820789774692633566591603535541537544512711731756670
    Cash Equivalents-42.3%8.0014.0036.0011.0035.0051.0028.0011.0038.0011.0035.0011410910910510419.00164174153156
  Inventory-1.9%439448440455498402326338327297287258255231240223293293285291284
  Net PPE-1.3%1,5061,5271,5361,5431,4821,3291,1501,0159509048909059209339499659741,0501,0561,0691,098
  Goodwill-173---173---173---173173173173171171171171171
Liabilities-0.2%2,9963,0023,1023,0423,0292,8342,8312,6592,5132,1342,1922,1421,9371,8521,8111,8551,8362,0992,1402,1872,022
  Current Liabilities-15.7%1,1131,3201,1991,2671,3511,3251,2981,116900839880832545472433438565737596566415
  Long Term Debt13.8%1,8301,6081,8241,6971,5401,4361,4431,4421,4191,1711,1971,2391,3191,3131,3231,3591,2101,3061,4761,5411,601
Shares Outstanding-100.0%-80.0080.0080.0079.0079.0079.0079.0079.0079.0079.0079.00---------
Float---1,000---649---426---178---256--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-116.6%-7,50045,200-25,900-26,700-50,10063,90089,700-2,900-14,10059,400-39,000-50,300-2,10014,50070,300-19,90038,00064,30062,20027,400104,500
  Share Based Compensation-------------3,0001,9005,100-4,5001,0003002,4002,200-4,000
Cashflow From Investing1.9%-31,500-32,100-77,800-130,400-159,900-197,500-111,600-67,000-48,600-17,500-10,500-6,200-9,100-6,400-13,500-17,30028,200-10,300-4,5001,100-5,200
Cashflow From Financing194.3%33,300-35,300135,100133,100194,700156,600-5,2002,600173,800-65,600-30,20061,30011,200-4,100-55,100121,800-211,300-63,300-37,100-31,300-9,100

CLMT Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended6 Months Ended9 Months Ended12 Months Ended
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2023
Sep. 30, 2023
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
CONSOLIDATED STATEMENTS OF OPERATIONS        
Sales$ 1,149.4$ 1,017.8$ 1,037.3$ 2,055.1$ 3,204.5$ 4,181.0$ 4,686.3$ 3,148.0
Cost of sales887.9946.3940.71,887.02,774.93,729.34,334.63,005.1
Gross profit261.571.596.6168.1429.6451.7351.7142.9
Operating costs and expenses:        
Selling12.415.513.529.041.454.953.952.8
General and administrative40.225.737.162.8103.0133.0143.4151.1
Taxes other than income taxes     21.513.712.5
Loss on impairment and disposal of assets     3.50.74.1
Other operating (income) expense(4.1)5.23.08.24.1(28.4)8.18.0
Operating income (loss)213.025.143.068.1281.1267.2131.9(85.6)
Other income (expense):        
Interest expense(58.7)(55.8)(49.2)(105.0)(163.7)(221.7)(175.9)(149.5)
Debt extinguishment costs(0.3)   (5.5)(5.9)(41.4)(0.5)
Gain (loss) on derivative instruments(54.3)14.325.539.8(14.5)9.9(81.7)(23.3)
Other income (expense)     0.2(2.8)0.3
Total other expense(112.7)(47.0)(23.9)(70.9)(183.6)(217.5)(301.8)(173.0)
Net income (loss) before income taxes100.3(21.9)19.1(2.8)97.549.7(169.9)(258.6)
Income tax expense0.50.40.50.91.41.63.41.5
Net income (loss)99.8(22.3)18.6(3.7)96.148.1(173.3)(260.1)
Allocation of net income (loss) to partners:        
Net income (loss) attributable to partners99.8(22.3)18.6(3.7)96.148.1(173.3)(260.1)
Less:        
General partner's interest in net income (loss)(2.0)0.5(0.4)0.1(1.9)1.0(3.5)(5.2)
Net income (loss) available to limited partners$ 97.7$ (21.8)$ 18.2$ (3.6)$ 94.1$ 47.1$ (169.8)$ (254.9)
Weighted average limited partner units outstanding:        
Basic80,172,81080,152,64879,830,67179,992,63780,046,93080,075,53079,336,28378,980,839
Diluted80,387,27880,152,64879,939,98579,992,63780,148,51980,075,53079,336,28378,980,839
Limited partners' interest basic net income (loss) per unit:        
Limited partners' interest basic net income (loss) per unit$ 1.22$ (0.27)$ 0.23$ (0.05)$ 1.18$ 0.59$ (2.14)$ (3.23)
Limited partners' interest diluted net income (loss) per unit$ 1.22$ (0.27)$ 0.23$ (0.05)$ 1.17$ 0.59$ (2.14)$ (3.23)

CLMT Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Current assets:       
Cash and cash equivalents$ 7.9$ 13.7$ 36.0$ 11.2$ 35.2$ 38.1 
Accounts receivable, net:       
Trade, less allowance for credit losses of $1.2 million and $1.3 million, respectively252.4285.0252.8262.2244.7  
Other33.862.862.534.722.4  
Total accounts receivable286.2347.8315.3296.9267.1  
Inventories439.4447.7440.3454.8497.7  
Derivative assets9.65.214.77.10.0  
Prepaid expenses and other current assets51.649.041.529.919.6  
Total current assets794.7863.4847.8799.9819.6  
Property, plant and equipment, net1,506.31,526.91,536.41,543.21,482.0949.7 
Goodwill173.0   173.0173.0 
Other intangible assets, net28.5   36.3  
Operating lease right-of-use assets114.4   107.5  
Other noncurrent assets, net134.4414.5420.4421.4122.6  
Total assets2,751.32,804.82,804.62,764.52,741.0  
Current liabilities:       
Accounts payable322.0342.1278.6394.3442.0  
Accrued interest payable48.741.235.739.534.6  
Accrued salaries, wages and benefits87.182.974.476.793.0  
Other taxes payable13.5   9.5  
Obligations under inventory financing agreements190.4237.9213.1204.0221.8  
Current portion of RINs obligation277.3326.3475.1419.5398.9  
Derivative liabilities0.0   26.5  
Current portion of operating lease liabilities75.6   70.7  
Other current liabilities42.485.299.8112.734.3  
Current portion of long-term debt55.7204.621.920.619.6  
Total current liabilities1,112.71,320.21,198.61,267.31,350.9  
Pension and postretirement benefit obligations4.2   4.8  
Other long-term liabilities10.457.554.452.918.3  
Long-term operating lease liabilities39.0   37.1  
Long-term RINs obligation, less current portion0.016.525.125.277.5  
Long-term debt, less current portion1,829.71,608.21,824.31,696.81,540.1  
Total liabilities2,996.03,002.43,102.43,042.23,028.7  
Commitments and contingencies     
Redeemable noncontrolling interest245.6245.6245.6245.6245.6  
Partners' capital (deficit):       
Partners' capital (deficit)(490.3)(443.2)(543.4)(523.3)(533.3)(385.1)$ (128.6)
Total liabilities and partners' capital (deficit)2,751.32,804.82,804.62,764.52,741.0  
Limited Partners       
Partners' capital (deficit):       
Partners' capital (deficit)(484.4)(437.3)(535.4)(515.7)(525.3)(378.8)(125.3)
General Partner's       
Partners' capital (deficit):       
Partners' capital (deficit)1.32.20.20.70.33.89.0
Accumulated other comprehensive loss       
Partners' capital (deficit):       
Partners' capital (deficit)$ (7.2)$ (8.1)$ (8.2)$ (8.3)$ (8.3)$ (10.1)$ (12.3)
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 diesel, sustainable aviation fuel, renewable hydrogen, renewable natural gas, renewable propane, and renewable naphtha. This segment also processes Canadian crude oil into conventional gasoline, diesel, jet fuel, and specialty grades of asphalt. Its Performance Brands segment blends, packages, and markets high performance products through Royal Purple, Bel-Ray, and TruFuel brands. Calumet GP, LLC serves as the general partner for Calumet Specialty Products Partners, L.P. The company was founded in 1916 and is headquartered in Indianapolis, Indiana.
 CEO
 WEBSITEwww.calumetspecialty.com
 EMPLOYEES1530

Calumet Specialty Products Partners LP Frequently Asked Questions


What is the ticker symbol for Calumet Specialty Products Partners LP? What does CLMT stand for in stocks?

CLMT is the stock ticker symbol of Calumet Specialty Products Partners LP. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Calumet Specialty Products Partners LP (CLMT)?

As of Wed Mar 27 2024, market cap of Calumet Specialty Products Partners LP is 1.15 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CLMT stock?

You can check CLMT's fair value in chart for subscribers.

What is the fair value of CLMT stock?

You can check CLMT's fair value in chart for subscribers. The fair value of Calumet Specialty Products Partners LP is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Calumet Specialty Products Partners LP is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CLMT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Calumet Specialty Products Partners LP a good stock to buy?

The fair value guage provides a quick view whether CLMT is over valued or under valued. Whether Calumet Specialty Products Partners LP is cheap or expensive depends on the assumptions which impact Calumet Specialty Products Partners LP's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CLMT.

What is Calumet Specialty Products Partners LP's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Mar 27 2024, CLMT's PE ratio (Price to Earnings) is 23.98 and Price to Sales (PS) ratio is 0.28. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CLMT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Calumet Specialty Products Partners LP's stock?

In the past 10 years, Calumet Specialty Products Partners LP has provided -0.056 (multiply by 100 for percentage) rate of return.