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Calumet Specialty Products Partners LP (CLMT) Stock

Profile

Sector:

Energy

Country:

United States

IPO:

26 January 2006

Indexes:

Not included

Description:

Calumet Specialty Products Partners LP is a company that produces and sells specialty petroleum products. They focus on high-quality lubricants, solvents, and other chemical products, serving various industries. Their operations include refining and marketing, ensuring a diverse range of products for customers.

Events Calendar

Earnings

Next earnings date:

Feb 21, 2025

Recent quarterly earnings:

Nov 08, 2024

Recent annual earnings:

Feb 23, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Jan 29, 2016
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

11 Nov '24 TD Cowen
Buy
11 Nov '24 HC Wainwright & Co.
Buy
12 Aug '24 TD Cowen
Buy
12 Aug '24 HC Wainwright & Co.
Buy
05 Aug '24 Goldman Sachs
Buy
13 May '24 HC Wainwright & Co.
Buy
22 Apr '24 HC Wainwright & Co.
Buy
21 Mar '24 Goldman Sachs
Buy
14 Dec '23 Goldman Sachs
Buy
31 Oct '23 Goldman Sachs
Buy

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Institutional Ownership

Calumet Announces Settlement of its Exchange Offer for any and all of the Outstanding 11.00% Senior Notes due 2025 and Issues Notice of Full Redemption for the Remaining 11.00% Senior Notes due 2025
Calumet Announces Settlement of its Exchange Offer for any and all of the Outstanding 11.00% Senior Notes due 2025 and Issues Notice of Full Redemption for the Remaining 11.00% Senior Notes due 2025
Calumet Announces Settlement of its Exchange Offer for any and all of the Outstanding 11.00% Senior Notes due 2025 and Issues Notice of Full Redemption for the Remaining 11.00% Senior Notes due 2025
CLMT
prnewswire.com25 November 2024

INDIANAPOLIS , Nov. 25, 2024 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company" or "Calumet") and its wholly owned subsidiaries, Calumet Specialty Products Partners, L.P. (the "Partnership") and Calumet Finance Corp. ("Finance Corp." and, together with the Partnership, the "Issuers"), today announced the final settlement of the previously announced private exchange offer (the "Exchange Offer") to certain holders of their 11.00% Senior Notes due 2025 (the "Old Notes") to exchange any and all of the Old Notes for newly issued 11.00% Senior Notes due 2026 (the "New Notes").

Calumet to Participate in December 2024 Investor Conferences
Calumet to Participate in December 2024 Investor Conferences
Calumet to Participate in December 2024 Investor Conferences
CLMT
prnewswire.com19 November 2024

INDIANAPOLIS , Nov. 19, 2024 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet") announced today that it plans to attend two investor conferences in December. On December 3 rd and 4th, Calumet will attend the Bank of America Leveraged Finance Conference and will be holding one-on-one investor meetings throughout the day at the conference.

Long-Term Investing In Calumet Specialty Products
Long-Term Investing In Calumet Specialty Products
Long-Term Investing In Calumet Specialty Products
CLMT
seekingalpha.com17 November 2024

Investors should maintain a long-term vision despite short-term market fluctuations, as patience is crucial for substantial returns. Examples like Cirrus can help Calumet investors navigate investment strategies. The marketplace today requires a focus on 2-year, 5-year, and 20-year investment horizons to navigate risks effectively.

Calumet Announces Early Results for its Exchange Offer for any and all of the Outstanding 11.00% Senior Notes due 2025
Calumet Announces Early Results for its Exchange Offer for any and all of the Outstanding 11.00% Senior Notes due 2025
Calumet Announces Early Results for its Exchange Offer for any and all of the Outstanding 11.00% Senior Notes due 2025
CLMT
prnewswire.com06 November 2024

INDIANAPOLIS , Nov. 6, 2024 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company" or "Calumet") and its wholly owned subsidiaries, Calumet Specialty Products Partners, L.P. (the "Partnership") and Calumet Finance Corp. ("Finance Corp." and, together with the Partnership, the "Issuers"), today announced the early results of the previously announced private exchange offer (the "Exchange Offer") to each Eligible Holder (as defined below) of their 11.00% Senior Notes due 2025 (the "Old Notes") to exchange any and all of the Old Notes for newly issued 11.00% Senior Notes due 2026 (the "New Notes"), upon the terms and subject to the conditions set forth in the confidential offering memorandum, dated October 23, 2024 (the "Offering Memorandum").

Calumet to Attend Goldman Sachs Carbonomics Conference
Calumet to Attend Goldman Sachs Carbonomics Conference
Calumet to Attend Goldman Sachs Carbonomics Conference
CLMT
prnewswire.com29 October 2024

INDIANAPOLIS , Oct. 29, 2024 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet") announced today plans to attend the Goldman Sachs Carbonomics Conference on Tuesday, November 12, 2024, in London, England.  Calumet will be holding one-on-one investor meetings throughout the day at the conference and participating in a panel discussion regarding decarbonization in the aviation industry.

Calumet, Inc. to Release Third Quarter 2024 Earnings on November 8, 2024
Calumet, Inc. to Release Third Quarter 2024 Earnings on November 8, 2024
Calumet, Inc. to Release Third Quarter 2024 Earnings on November 8, 2024
CLMT
prnewswire.com25 October 2024

INDIANAPOLIS , Oct. 25, 2024 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we," "our" or "us"), announced today that it plans to report results for the Third Quarter 2024 on November 8, 2024. A conference call to discuss the financial and operational results is scheduled for November 8th at 9:00 AM ET.

Calumet Provides Preliminary Third Quarter 2024 Selected Financial Results
Calumet Provides Preliminary Third Quarter 2024 Selected Financial Results
Calumet Provides Preliminary Third Quarter 2024 Selected Financial Results
CLMT
prnewswire.com23 October 2024

INDIANAPOLIS , Oct. 23, 2024 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we," "our" or "us") announced today preliminary selected financial results for the third quarter ended September 30, 2024. Based on preliminary data, the Company currently expects to report a net loss between $110 million and $90 million and Adjusted EBITDA between $45 million and $55 million for the third quarter 2024.

2 Energy Stocks Surging on Billion-Dollar DOE Loan Commitments
2 Energy Stocks Surging on Billion-Dollar DOE Loan Commitments
2 Energy Stocks Surging on Billion-Dollar DOE Loan Commitments
CLMT
marketbeat.com21 October 2024

The United States Department of Energy (DOE) loan programs office (LPO) provides loans and loan guarantees to support the development and deployment of innovative clean energy projects. A DOE LPO loan directly lends money to the company for eligible projects.

Calumet Arm Gets $1.44B Federal Loan for Renewable Fuels Push
Calumet Arm Gets $1.44B Federal Loan for Renewable Fuels Push
Calumet Arm Gets $1.44B Federal Loan for Renewable Fuels Push
CLMT
zacks.com18 October 2024

CLMT subsidiary Montana Renewables is set to become a world leader in Sustainable Aviation Fuel production, capable of producing 300 million gallons per year.

Calumet: Almost $1.5 Billion DoE Loan Guarantee Realizes The Max Bull Case
Calumet: Almost $1.5 Billion DoE Loan Guarantee Realizes The Max Bull Case
Calumet: Almost $1.5 Billion DoE Loan Guarantee Realizes The Max Bull Case
CLMT
seekingalpha.com17 October 2024

Calumet secures a $1.44 billion loan guarantee from the US Dept of Energy, enabling significant expansion in SAF and renewable diesel production. The loan terms are highly favorable, with a 15-year term at 3/8's over the prevailing treasury rate, and interest deferred until production starts. The expanded capacity could generate $330-405 million in EBITDA within a year, with potential to reach $900 million to $1 billion in a bull case.

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FAQ

  • What is the primary business of Calumet Specialty Products Partners LP?
  • What is the ticker symbol for Calumet Specialty Products Partners LP?
  • Does Calumet Specialty Products Partners LP pay dividends?
  • What sector is Calumet Specialty Products Partners LP in?
  • What industry is Calumet Specialty Products Partners LP in?
  • What country is Calumet Specialty Products Partners LP based in?
  • When did Calumet Specialty Products Partners LP go public?
  • Is Calumet Specialty Products Partners LP in the S&P 500?
  • Is Calumet Specialty Products Partners LP in the NASDAQ 100?
  • Is Calumet Specialty Products Partners LP in the Dow Jones?
  • When was Calumet Specialty Products Partners LP's last earnings report?
  • When does Calumet Specialty Products Partners LP report earnings?
  • Should I buy Calumet Specialty Products Partners LP stock now?

What is the primary business of Calumet Specialty Products Partners LP?

Calumet Specialty Products Partners LP is a company that produces and sells specialty petroleum products. They focus on high-quality lubricants, solvents, and other chemical products, serving various industries. Their operations include refining and marketing, ensuring a diverse range of products for customers.

What is the ticker symbol for Calumet Specialty Products Partners LP?

The ticker symbol for Calumet Specialty Products Partners LP is NASDAQ:CLMT

Does Calumet Specialty Products Partners LP pay dividends?

No, Calumet Specialty Products Partners LP does not pay dividends

What sector is Calumet Specialty Products Partners LP in?

Calumet Specialty Products Partners LP is in the Energy sector

What industry is Calumet Specialty Products Partners LP in?

Calumet Specialty Products Partners LP is in the Oil & Gas Equipment & Services industry

What country is Calumet Specialty Products Partners LP based in?

Calumet Specialty Products Partners LP is headquartered in United States

When did Calumet Specialty Products Partners LP go public?

Calumet Specialty Products Partners LP's initial public offering (IPO) was on 26 January 2006

Is Calumet Specialty Products Partners LP in the S&P 500?

No, Calumet Specialty Products Partners LP is not included in the S&P 500 index

Is Calumet Specialty Products Partners LP in the NASDAQ 100?

No, Calumet Specialty Products Partners LP is not included in the NASDAQ 100 index

Is Calumet Specialty Products Partners LP in the Dow Jones?

No, Calumet Specialty Products Partners LP is not included in the Dow Jones index

When was Calumet Specialty Products Partners LP's last earnings report?

Calumet Specialty Products Partners LP's most recent earnings report was on 8 November 2024

When does Calumet Specialty Products Partners LP report earnings?

The next expected earnings date for Calumet Specialty Products Partners LP is 21 February 2025

Should I buy Calumet Specialty Products Partners LP stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions